All posts tagged "Economy"

  • Seen is the Korean pavilion installed for the London Book Fair 2013. British publishers said Korean literature is little known in their country but a story inspired by tragic reality of North Korea will help make it into the British market. / Korea Times file
    S. Korea to invest in ‘good stories’

    SEOUL (Yonhap) — South Korea has discovered an unconventional path to economic growth: stories — and good ones at that. The Ministry of Culture, Sports and Tourism announced an action plan on Friday to expand the “story...

    • Posted August 7, 2015
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  • People walk past sale signs at a Seoul shopping district, South Korea, Thursday, July 23, 2015. South Korea's quarterly growth slowed to the lowest in more than two years as a severe drought hit agriculture and an outbreak of Middle East respiratory syndrome sapped consumption.(AP Photo/Ahn Young-joon)
    S. Korea’s growth slowest in more than 2 years

    SEOUL, South Korea (AP) — South Korea’s quarterly growth slowed to the lowest in more than two years as a severe drought hit agriculture and an outbreak of Middle East respiratory syndrome sapped consumption. The economy expanded...

    • Posted July 23, 2015
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  • dollar, economy
    S. Korean economy recovering at slower pace than other major countries

    SEOUL (Yonhap) — South Korea’s macroeconomic conditions have been recovering at a slower pace than other major countries since the global financial crisis in the late 2000s, a think tank said Tuesday. According to a report by...

    • Posted June 17, 2015
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  • south korea quartz
    [Quartz] S. Korea’s economy can’t catch a break

      South Korea, once a shining star among Asia’s emerging economies, isn’t burning as bright these days. An early estimate of last quarter’s growth came in better than expected, but it was still the slowest in two...

    • Posted April 28, 2015
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  • finance minister
    S. Korean economy to gather recovery pace: finance minister

    JEJU (Yonhap) — South Korea’s top economic policymaker brushed off concerns over bleak economic prospects on Friday, expecting the country’s economy to gather steam for a recovery down the road on the back of a series of...

    • Posted April 24, 2015
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  • A man passes by an electronic stock board of a securities firm in Tokyo, Tuesday, as Asian stocks mostly fell on concern about feeble Chinese trade figures, Japan's recession and weaker-than-expected German industrial growth. The Japanese yen is expected to weaken further at a faster rate against the won, making Korean exports less competitive. (AP)
    Ultra low yen adds woes to Korean economy

    By Yoon Ja-young The yen is expected to weaken further at a faster rate against the won, dealing a severe blow to Korean exporters competing with their Japanese rivals overseas, analysts said Tuesday. They said the yen...

    • Posted December 9, 2014
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  • (Yonhap)
    S. Korea’s economy to grow 3.8 pct in 2015 according to OECD report

    SEOUL (Yonhap) — South Korea’s economy is expected to grow 3.8 percent in 2015 on the back of the government’s efforts to boost it through fiscal stimulus and monetary policy easing, a report by a leading international...

    • Posted November 25, 2014
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