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  • July 12, 2014
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  1. News - Asia - SOUTH KOREA

    South Korea shuts down nuclear reactor over control rod problem

    Posted Jun 09th 2014, 04:21pm by Reuters

    ... Reuters Spokespersons say it is not clear when the reactor will be restarted A South Korean nuclear reactor shut down because of a control rod problem, taking to five the number of reactors offline among the country’s total of 23, state-run nuclear operator Korea Hydro and Nuclear Power (KHNP) said on Monday. Asia’s fourth-largest economy has wrestled with the pressure ...

  2. News - Asia - SOUTH KOREA

    South Korean ballots focus attention on handling of ferry disaster

    Posted Jun 04th 2014, 01:17pm by Reuters in Seoul

    ... failure of Asia’s fourth-largest economy to enforce safety standards. “Having seen the lax response to the Sewol incident by the government, I’m giving the opposition a chance this time as a way ...


    Fire in South Korea hospice for elderly kills 21

    Posted May 28th 2014, 09:22am by >Agence France-Presse

    ... of intense soul-searching in a country that had, until now, taken enormous pride in its extraordinarily rapid transformation from a war-torn, impoverished backwater to Asia’s fourth-largest economy ...

  4. Business - Economy - SOUTH KOREA

    South Korea cuts key interest rate as economy slows

    Posted Oct 12th 2012, 12:00am by AFP

    ... that will be it for a while, with the central bank holding off any further cut this year." Korea's export-driven economy has shown worrying signs of faltering in recent months as the global economic ... with retail sales steadily falling since May. On Tuesday, the International Monetary Fund cut its growth forecast for this year for the Korean economy to 2.7 per cent, just weeks after lowering its ...

  5. News - Asia - SOUTH KOREA

    Families of South Korea ferry dead march on presidential palace

    Posted May 09th 2014, 09:40am by Reuters in Seoul

    ... who has spoken for the family previously, did not immediately comment. South Korea, Asia’s fourth-largest economy and one of its leading manufacturing and export powerhouses, has developed ...

  6. News - Asia - SOUTH KOREA

    Life on hold in South Korea, a nation paralysed by tragedy

    Posted Apr 18th 2014, 10:30pm by AFP

    ... fourth-largest economy, where modernisation was thought to have consigned such large-scale disasters to history. With the exception of a subway station fire in 2003 that claimed 192 lives, there have ...

  7. Property - International - SOUTH KOREA

    Housing slump holds back rebound in South Korean economy

    Posted Aug 07th 2013, 12:00am by Bloomberg

    ... Bloomberg in Seoul Housing slump drags down Korean economy South Korea's worst property-market slowdown since 2004 threatens to limit the economy's rebound, ... for exports and near-record household debt. "South Korea's property market is sinking slowly, sapping the growth potential of the economy," said Oh Suk-tae, a Seoul- based economist ...

  8. News - Asia - SOUTH KOREA

    South Korea approves two new nuclear power plants

    Posted Jan 29th 2014, 10:24pm by Reuters

    ... shutdowns since last year due to safety issues have raised the risk of blackouts, putting pressure on policymakers to maintain power supplies in an economy relying on energy-intensive industries ...

  9. News - Asia - SOUTH KOREA

    Data from more than 100 million South Korean credit cards and accounts stolen

    Posted Jan 22nd 2014, 03:28pm by Reuters

    ... four credit cards, something that has contributed to one of the highest levels of personal debt relative to the size of the economy in the developed world. The data security breach affected ...

  10. Business - Economy - SOUTH KOREA

    Park Geun-hye to be saddled with weak South Korean economy

    Posted Feb 16th 2013, 12:00am by Bloomberg

    ... Bloomberg in Seoul Central bank keeps interest rates on hold and says growth may be slow for 'considerable time' Park saddled with weak economy South Korea's incoming president Park Geun-hye may be saddled with an economy that underperforms for a prolonged period, increasing the allure of stimulus spending that could undermine the nation's fiscal strength. ...




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