South Korea, officially the Republic of Korea and often referred to as Korea, is a state in East Asia, located on the southern half of the Korean Peninsula. It is neighbored by China to the west, Japan to the east, and North Korea to the north. Its capital is Seoul. South Korea lies in a temperate climate region with a predominantly mountainous terrain. Its territory covers a total area of 100,032 square kilometers and has a population of over 50 million.

Asian Markets Drop After Last Week?s Rally

Most of the Asian markets dropped Monday after the rally last week when investor confidence was buoyed by the optimism that the stimulus measures announced by the central banks in the U.S. and the Europe would help revive the global economic growth momentum.

QE3 Reviving Fears Of Global Currency Wars

Thursday's announcement by the U.S. Federal Reserve that it would be engaging in a third round of open-ended bond-buying, known as QE3, to energize the economy saw a resoundingly positive reception in the foreign financial markets, where indexes rose Friday. But market-watchers were expecting the global equity party would lead to an inevitable hangover soon, in the form of intervention by central banks around the world, to stop massive inflows of dollars into non-U.S. economies -- in short, a...

Asian Markets Gain As Fed Launches QE3

Asian stock markets made gains Friday as investor confidence was lifted following the announcement of another round of quantitative easing by the U.S. Federal Reserve which is expected to rejuvenate the economic growth.

Asian Markets Rise On US Easing Hopes

Most of the Asian markets made gains Thursday as investors remained hopeful waiting for the policymakers in the U.S. to announce monetary easing measures to boost the global economy and rejuvenate the economic growth momentum.

Asian Shares Slip On Caution Over Fed Action

Asian shares eased Thursday ahead of the U.S. Federal Reserve's decision later in the day, but investors remained optimistic of further stimulus action to bolster the world's largest economy.

Asian Stocks Gain On US, China Stimulus Hopes

Asian stock markets rose Wednesday as investors remained hopeful that policymakers in the U.S. and China would announce monetary easing measures to boost the global economy and rejuvenate economic growth momentum.

Dengue Vaccine Falters At Trial -- Knocks Out Only 3 Out Of 4 Viruses

Because dengue is caused by one of four kinds of closely related viruses, it's been especially difficult to develop a single vaccine versatile enough to protect against it. Now, an international team of researchers says they've made a breakthrough, but the vaccine has turned out much less potent than observers had hoped.

Asian Stocks Fall Amid Euro Zone Worries

Most of the Asian markets fell Tuesday as investors' concerns about the debt crisis affecting the euro zone were revived, undermining the optimism initially raised by the bond-buying plan announced last week by the European Central Bank.

Asian Stocks Rise On China Stimulus Hopes

Most of the Asian markets rose Monday as investors remained hopeful that stimulus measures would soon be announced by China to boost its economy as its industrial production growth rate slowed down in August compared to previous month.

Asian Stocks Week Ahead: Investors To Focus On FOMC Decision, China Data

Asian stock markets ended with gains last week after the European Central Bank (ECB) announced plan to reduce borrowing costs of struggling euro zone countries’ and news that Chinese regulators had approved another batch of infrastructure projects, which should stabilize and restore growth in the world's second largest economy. Market participants’ are likely to focus on Federal Open Market Committee (FOMC) interest rate decision on September 13th.


Currency dealers work in a dealing room of a bank in Seoul

South Korea’s GDP Growth Cut To 0.3% In Q2

South Korea's economic growth slowed down to 0.3 percent in the second quarter this year compared to previous three months, weighed down by the faltering global economy and the intensifying debt crisis in the euro zone, revised data released by the Bank of Korea Thursday showed.
Man looks at an electronic board displaying various market indices from around the world outside a brokerage in Tokyo

Asian Stocks Rise On ECB Easing Hopes

Most of the Asian markets rose Thursday as investors remained hopeful that the European Central Bank would announce stimulus measures soon to help boost the euro zone economic growth.