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Asia Top News and Analysis South Korea


  • South Korea, EU Enter Free-Trade Talks Sunday, 6 May 2007 | 12:14 PM ET

    Bilateral free trade agreements do not contradict efforts to forge a multilateral deal under the World Trade Organization but instead help fill key gaps, the European Union trade chief said Sunday in announcing the start of two-way negotiations with South Korea.

  • South Korea's First-Quarter GDP Matches Forecasts Tuesday, 24 Apr 2007 | 8:38 PM ET

    Strong domestic demand helped South Korea's economy grow 4% on year in the first quarter, steady from the annual growth rate set in the fourth quarter of 2006, meeting analysts expectations.

  • Shares of SK Corp., South Korea's biggest refiner, surged to a record high on Thursday as its plan to restructure into a holding company is expected to increase transparency in theconglomerate.

  • South Korea Trade Deal Gets Mixed Response in U.S. Tuesday, 3 Apr 2007 | 9:41 AM ET

    A major trade deal between the U.S. and South Korea received a mixed response as some business leaders and politicians complained it fell short on boosting U.S. auto and agriculture exports. 

  • U.S. Trade Rep Touts Beefy South Korea Deal Monday, 2 Apr 2007 | 5:05 PM ET

    "Nineteen minutes to spare": A dramatic last-minute victory united America and South Korea Monday, as the two countries arrived at a historic economic agreement. Ambassador Susan Schwab, U.S. trade representative, joined CNBC's Erin Burnett to describe the "ambitious outcome."

  • With just minutes to spare on Monday, the United States and South Korea agreed the biggest U.S. trade pact for 15 years, officials said.

  • DBS May Form Group to buy Korea Exchange Bank Tuesday, 27 Mar 2007 | 11:18 PM ET

    DBS Group Holdings, Southeast Asia's largest lender, is contacting investors to form a multinational consortium to buy Korea Exchange Bank from U.S. fund Lone Star, the Chosun Ilbo reported on Wednesday, citing unnamed sources.

  • South Korea's current account swung to the second-biggest surplus in 16 months in February from a deficit in January, central bank data showed on Wednesday, providing a potential boost to the won.

  • ADB Sees Asian 2007 Growth Easing After 2006 Peak Monday, 26 Mar 2007 | 11:49 PM ET

    Growth in Asia's developing economies should ease to 7.6% in 2007 from last year's 11-year peak as expansion in industrialized nations slows, the Asian Development Bank (ADB) said on Tuesday.

  • POSCO Denies Report Arcelor Mittal Eyeing Bid Thursday, 15 Mar 2007 | 9:42 PM ET

    Arcelor Mittal, the world's biggest steel maker, could be interested in making a hostile takeover of South Korean steel maker POSCO, the Korea Economic Daily said on Friday.

  • Korea Exchange Bank  fell as much as 4.4% during the intraday session on Tuesday, on worry regulators will review their approval of the lender's sale to Lone Star, but losses were pared on expectations a probe would be unlikely to strip the U.S. fund of its stake.

  • South Korea's January Exports Top Forecasts Wednesday, 31 Jan 2007 | 10:53 PM ET

    South Korean exports in January grew past market expectations on rebounding prices abroad for major products and despite worries about a sharper-than-expected deceleration in the U.S. economy, data showed on Thursday.

  • South Korea's Economic Growth Slowed in 4th Quarter Thursday, 25 Jan 2007 | 12:32 AM ET

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