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S.Korean won at near 3-wk high on govt, Bernanke

SEOUL, July 9 (Reuters) - The South Korean won hit its strongest in almost three weeks against the dollar early on Wednesday, helped by the country's plans to increase overseas fund inflows and comments from the U.S....

S Korea to take further steps to tackle oil price surge

SEOUL, July 9 (Xinhua) -- South Korea will enforce extra energy-saving measures earlier than planned if international crude oil prices surpass 150 U.S. dollars per barrel, Yonhap news agency quoted the Ministry of Strategy and...

SKorean shares higher in early trade on bargain hunting, oil pullback - UPDATE

SEOUL (Thomson Financial) - South Korean shares rose on Wednesday as investors sought bargains after the KOSPI fell to a 15-month low in the previous session, with sentiment buoyed by a pullback in oil prices. At 0133 GMT, the...

Another huge demonstration demands South Korean president’s resignation

wsws.org     10 hrs ago   3 related          

Tens of thousands of South Koreans—half a million according to organisers—defied threats of state repression and marched through Seoul on Saturday in a massive demonstration of opposition to the government of President Lee...

Currency Intervention Cuts Exchange Rate by W10

chosun.com     4 hrs ago          

Government intervention has reduced the won-dollar exchange rate to the W1,030 per dollar range. On the Seoul forex market Tuesday, the dollar closed the day at W1,032.7, down W10.2 from Monday. The rate has fallen W17.7 in two...

IBK to extend loans for smaller firms from July

xinhuanet.com     1 hr ago          

SEOUL, July 9 (Xinhua) -- The state-invested Industrial Bank of Korea (IBK) said it plans to support smaller firms by extending more loans from late July as they are facing greater pressure under the slowing economic growth,...

S.Korea Hanjin wins $197 mln order from Europe

finance.cz     1 hr ago          

SEOUL, July 9 (Reuters) - South Korea's Hanjin Heavy Industries Co <097230.KS> said on Wednesday it had received a 201.1 billion won ($196.5 million) order to build two bulk ships for an unidentified European shipper. Hanjin...

S.Korea says stock mkt has solid potential buyers

SEOUL, July 9 (Reuters) - South Korean stock markets have solid potential buyers as large-size pension funds, including the National Pension Service, are planning to increase stock purchases, a senior government official said...

Pacific briefs Hand, foot and mouth disease strikes Asia

stripes.com     3 hrs ago   1 related          

Stars and Stripes Pacific edition, Thursday, July 10, 2008 YOKOTA AIR BASE, Japan — U.S. military medical officials want to put the lid on a viral illness sometimes seen in children under age 10 this time of year. Hand, foot...

After hours: Vegetarian restaurant passes meat-eaters test

stripes.com     3 hrs ago          

By Ashley Rowland, Stars and Stripes Pacific edition, Thursday, July 10, 2008 Sanchon, Seoul Hours: 11:30 a.m.-10 p.m. The last seating is at 8 p.m. Prices: Dinner is 39,600 won, and lunch is 22,000 won. Specialties: Vegetarian...

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