South Korea economic growth shines as it beats estimates

South Korea economic growth shines as it beats estimates

By Anna Domanska - Apr 25, 2013

South Korea has reasons to boast as it saw its Q1 GDP climb at the fastest rate in two years. The expansion was above analysts’ expectations as growth was driven by an improvemen

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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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