South Korean president says 6 percent growth achievable
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South Korean President-elect Lee Myung-bak told the country on Monday that his government would achieve annual economic growth of about 6 percent in 2008, while preventing inflation from rising sharply.
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South Korean President Roh Moo-hyun said yesterday he expected only slow progress in the six-nation talks to end Pyongyang&#39;s nuclear ambitions but retained hopes for a diplomatic resolution.
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South Korea's economic growth accelerated in the fourth quarter on strength in exports and manufacturing, the Bank of Korea said Friday, with economists expressing optimism the country can weather a possible global slowdown.
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KYERYONG, South Korea  - South Korean President  Roh Moo-hyun called on Friday for an upgrade to the country's  defense capabilities to better equip its 690,000 strong  military to deter the communist North.
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South Korean business confidence rose for the first time in four months in August because of rising exports and expectations of a recovery in consumer spending ahead of the Thanksgiving Chusok holidays later this month.
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South Korea on Wednesday cautioned against hopes for a breakthrough in six-way talks next week with North Korea but said they would aim for a deal committing Pyongyang to real steps to end its atomic weapons program.
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Singapore's economy should grow as much as 5 percent next year after expanding by 8.1 percent in 2004, Prime Minister Lee Hsien Loong said Friday in a New Year message.
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The Philippine economy grew by more than 6 percent in the third quarter of this year, sustaining strong growth boosted by surprisingly robust agricultural production and other factors, officials said Monday.
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BEIJING  - China's finance minister says economic growth of nine per cent this year would be acceptable, state television reported this week in the first acknowledgment by a senior official that growth might exceed the government's target of seven per cent.
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President Roh Moo-Hyun Monday congratulated South Korean actress Jeon Do-Yeon on winning the Cannes film festival&#39;s best actress award, adding it showed the potential of the country&#39;s cinema.
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South Korea's top economic official says the government would not sit idle in case of a speculative attack on the country's currency.
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South Korea is to boost state spending next year in an effort to create jobs and kick-start its sputtering economy.
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Growth advanced at a rate of just 0.6 percent, compared with an initial estimate of 1.3 percent.
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South Korean President Roh Moo-hyun said  on Sunday he expected only slow progress in the six-nation  talks to end Pyongyang's nuclear ambitions but retained hopes  for a diplomatic resolution.
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South Korea's economy grew faster than expected in the second quarter, but growth is still held back by poor domestic demand
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NEW YORK -- The United Nations Conference on Trade and Development (UNCTAD) announced Thursday (local time) that the Korean economy is expected to grow by 6.5 percent while the world economy by 3.8 percent.
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South Koreans on Wednesday elected as president Lee Myung-bak, a right-wing former CEO vowing to improve the economy and stand up to North Korea, TV exit polls showed.