News Source: The New York Times
| about 1 month ago
The South Korean economy grew the most in seven and a half years in the third quarter, prompting investors to bet the data would increase pressure on the central bank to raise interest rates soon. Gross domestic product grew a seasonally adjusted 2.9...
News Source: Xinhuanet.com
| about 1 month ago
South Korea's finance minister on Monday predicted the Korean economy may post positive annual growth this year based on the upbeat economic data released by the central bank. "The third-quarter growth is a 'surprise'," Finance Minister Yoon...
News Source: BBC
| about 1 month ago
The Bank of Korea said that gross domestic product (GDP) grew by 2.9% in the third quarter compared with the previous three months. It grew 0.6% compared with the same period last year, ending a run of three consecutive quarters of negative year-on-...
News Source: The Age
| about 1 month ago
Gross domestic product rose a seasonally adjusted 2.9 per cent in July to September, stronger than a 2.2 per cent rise forecast in a Reuters poll and the fastest clip since the first quarter of 2002. The Bank of Korea, which released the data on...
News Source: Androscoggin News
| about 1 month ago
Export-related shares will continue to outperform companies dependent on consumer spending in 2010, said Charles Kim , Mirae Asset’s head of South Korean equity sales. Rising exports helped gross domestic product increase 2.9 percent from the...
News Source: Asian Wall Street Journal
| about 1 month ago
Asian shares were mostly higher Monday with South Korean shares helped by upbeat economic data and coal miner Felix Resources gaining in Sydney on hopes its takeover by Yanzhou Coal Mining would go through. Japan's Nikkei 225 was up 0.6% with South...