South Korea reveals $15bn extra budget to back slowing economy

South Korea reveals $15bn extra budget to back slowing economy

By Anna Domanska - Apr 16, 2013

After much anticipation, South Korea informed that it had prepared a 17.3 trillion won ($15.4 billion) extra budget aimed at spurring its recently fragile economy. Indeed, the Asia

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Bank of Korea doesn’t cut rates in spite of mounting pressure

Bank of Korea doesn’t cut rates in spite of mounting pressure

By Anna Domanska - Apr 11, 2013

Surprisingly, the Bank of Korea did not decide to cut rates as it was widely expected. Neither the mounting political pressure nor increasing North Korean threats were enough to

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North Korea’s threats to have long-lasting impact on markets

North Korea’s threats to have long-lasting impact on markets

By Anna Domanska - Apr 05, 2013

North Korean threats have not only spread panic because of the political implications of probable military confrontation, but they have also already affected markets. South Korean

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