Tags: South Korea

China, Japan, South Korea commit to economic policies supporting demand

Central bankers and finance ministers from China, Japan and South Korea said on Sunday they remained committed to policies to support demand in the face of moderate and uneven global growth.


U.S., UK, China manufacturing all in slow lane

Manufacturing activity growth remained sluggish in some of the world's major economies in April, suggesting that global economic growth remains "moderate and uneven," as the International Monetary Fund described it in its World Economic Outlook in April.

China's struggles argue for stimulus all round

China's factories stayed stuck in the slow lane in April while Japanese output went into reverse and South Korea suffered its worst export performance in two years, adding urgency to calls for more state stimulus in all three economies.

U.S. asks China to drop ban on poultry imports triggered by bird flu

U.S. Agriculture Secretary Tom Vilsack on Monday asked China to drop a ban on imports of U.S. poultry imposed because of an outbreak of bird flu in chickens and turkeys.


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The United States on Friday pressed the world's leading exporters, including Germany and Japan, to generate more economic growth within their borders, warning that the world could not rely too much on U.S. consumers.
Saudi Arabia has reduced contractual crude supplies to some customers in Japan and South Korea since March by trimming the volumes of oil loaded, six industry sources familiar with the matter said on Monday.
LG will dole out 4,000 G4 devices across South Korea, USA, Canada, and other regions soon. Consequently, a leak was recently discovered revealing the G4’s specs and features like IPS Quantum Display, f/1.8 aperture lens camera, removable 3,000mAh Battery and SD Card Slot, and many more.
General Motors Co (GM) (GM.N) on Thursday said its labor costs have risen nearly 50 percent over the past five years in South Korea, where it makes nearly one-fifth of its global output, but that it does not plan to shut any of its four plants there.
South Korean actor Kim Soo-hyun (Dream High, The Moon That Embraces the Sun) joined the cast of upcoming KBS drama 'Producer'. The actor was also captured leaving the venue of the show's first script reading.
China is discussing ways in which a new regional lender being pushed by Beijing can cooperate with the Asian Development Bank (ADB), Finance Minister Lou Jiwei said on Sunday, as he sought to fend off concerns that the two banks would become rivals.
A possible deal over Iran's nuclear program that would phase out economic sanctions against Tehran is unlikely to flood world markets with more oil any time soon, despite Iran's declared intention to claw back market share lost because of the curbs.
Australia expects to make a decision within weeks on whether it will seek to join the China-backed Asian Infrastructure Investment Bank (AIIB), Prime Minister Tony Abbott said on Saturday.
South Korean tech giant Samsung Electronics Co Ltd said on Thursday it will start buying or selling the Chinese yuan for the won from the Seoul market on March 16.
South Korea's Samsung Electronics Co Ltd has raised its production target for the new flagship Galaxy smartphones following positive market reception, the Electronic Times newspaper reported on Wednesday.
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