Park Sang Hyun News
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South Korea’s exports unexpectedly increased in May as surging smartphone shipments and improving demand from the U.S. and China countered a decline in the yen.
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South Korea’s industrial production grew for a ninth straight month in March as the global economic recovery fuels overseas demand for cars and electronics.
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South Korea’s won rebounded from yesterday’s biggest decline in a week after foreign investors pumped money into local stocks even as the central bank flagged risks to the economy from a weaker yen.
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South Korea’s economic growth probably accelerated in the first quarter as rising global demand boosted sales at the nation’s carmakers and electronics manufacturers.
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South Korean inflation rose to a two-year high in February, breaching the central bank’s 4 percent ceiling for a second month and bolstering the case for an interest rate increase as early as next week.
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South Korea’s economy probably accelerated in the first quarter as rising global demand boosted sales at the nation’s carmakers and electronics manufacturers.
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After a series of failed business ventures, Kwon Eui Moon decided to get rich in a more traditional way in South Korea by taking out a mortgage in 2002 and waiting for house prices to soar. They haven’t.
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South Korea’s unemployment rate rose to a seven-month high in the final jobs report before incoming President Park Geun Hye takes office on Feb. 25.
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South Korea’s exports expanded at the slowest pace in three months in September, in a sign the stalling global economy is sapping demand for the nation’s products.
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The Bank of Korea held off raising borrowing costs for an eighth straight month as the economy slowed and exports declined due to the European debt crisis.
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