South Korea

Bank of Korea -building and flag

Why Korea’s Central Bank Thinks It Won’t Catch Japan’s Deflation

28/01/2015(0)
Households surveyed by the Korean central bank expect consumer price gains of 2.6 percent in the next 12 months. Deflation in South Korea is a looming threat, according to ... Read More
Logo of Hyundai Motor is seen on the steering wheel of a car at a Hyundai dealership in Seoul

Hyundai Motor second-quarter profit slips as firmer won, U.S. discounts hurt

24/07/2014(0)
South Korea’s Hyundai Motor said its net profit fell by the most in five quarters, as the local currency’s sharp gain and higher U.S. discounts to entice customers overshadowed ... Read More
philippine military pact US

Military pact between U.S and Philippines

28/04/2014(0)
US President Barack Obama says that a new US-Philippine military pact will promote stability in the region. The deal, signed in Manila hours before Mr Obama touched down, allows ... Read More
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