BOK sees high inflation, slowing growth in H2
SEOUL, Sept. 30 (Yonhap) -- South Korea's central bank said Tuesday that domestic
inflation will remain high during the second half on a weaker won despite recent
S. Korea to take 'necessary' measures to tackle dollar shortage problem
SEOUL, Sept. 30 (Yonhap) -- The response here to the U.S. failure in endorsing an
emergency rescue plan for financial markets is too much "sensitive" and the South
Volvo to recall 787 tractors due to defects
SEOUL, Sept. 30 (Yonhap) -- Global automaker Volvo will recall 787 of its
tractors sold here in South Korea due to manufacturing defects, the government
said Tuesday.
Seoul shares tumble on U.S. bailout plan rejection
SEOUL, Sept. 30 (Yonhap) -- South Korean stocks plunged late Tuesday morning as
investors were spooked by U.S. lawmakers' rejection of a government proposal to
KEPCO signs deal to tap Russian uranium mine
SEOUL, Sept. 30 (Yonhap) -- Korea Electric Power Corp. (KEPCO), South Korea's
state-run power company, said Tuesday that a consortium led by KEPCO has signed a
Hyundai, Kia to roll out new vehicles at Paris Motor Show
SEOUL, Sept. 30 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Motors Corp.
will introduce new models this week at the Paris Motor Show in hopes of capturing
S. Korea spends big on R&D but still lags behind U.S., Japan
SEOUL, Sept. 30 (Yonhap) -- South Korea is the world's third-biggest spender on
research and development when measured against its economic output, but the
U.S. nuclear envoy due in Seoul before heading to Pyongyang
SEOUL, Sept. 30 (Yonhap) -- Chief American nuclear negotiator Christopher Hill
will cross the heavily-armed inter-Korean border by car into North Korea this
S. Korea`s budget spending to increase 6.5 pct in 2009
SEOUL, Sept. 30 (Yonhap) -- The South Korean government said Tuesday it plans to
increase its budget spending for fiscal 2009 by 6.5 percent and will sharply
Seoul requests 7.5 percent increase in defense spending
SEOUL, Sept. 30 (Yonhap) -- The South Korean government on Tuesday asked the
National Assembly to approve a 7.5 percent increase in defense spending for next
