News
S. Korea, Indonesia sign US$10 bln currency swap deal
SEOUL, March 6 (Yonhap) -- South Korea and Indonesia signed a won-rupiah currency swap deal worth US$10 billion in a bid to strengthen financial cooperation between the two nations, the Bank of Korea (BOK) said Thursday. With the deal, Seoul ... Read More
Asia-Pacific leading the World on Carbon Emissions Trading
Terry Townshend, London | Opinion | Mon, January 13 2014, 10:49 AM It is not well know that Kazakhstan — a nation whose landmass exceeds that of Western Europe and which boasts the largest economy in Central Asia — introduced ... Read More
RI aims to seal CEPA with
In a bid to boost investment from South Korea, the Indonesian government is planning to wrap up talks on a comprehensive economic partnership agreement (CEPA) with the East Asian nation in the first half of this year. The Trade Ministry’s ... Read More
Korea still seen as emerging market
By Kim Rahn Is Korea an advanced economy or an emerging one? Most economic data suggests it is the former, given that the nation has a huge current account surplus, sound fiscal health and a large volume of stock trading. ... Read More
ASEAN-Korea Center to hold seminar on regional economy
By Yoon Ja-young (2014-02-10 21:01) A seminar on the Association of Southeast Nations’ (ASEAN) functionality as an economic community will be held at the Westin Chosun Hotel in Seoul, today. The ASEAN-Korea Center, a Seoul-based inter-governmental organization, has invited experts ... Read More
Indonesia’s growth falls below 6 percent
By AP News Feb 05, 2014 7:07PM UTC JAKARTA, Indonesia (AP) — Indonesia’s economy grew at its slowest pace in four years in 2013 because of a slump in commodity prices and a slowdown in consumer spending. The Central Statistics ... Read More
Capital outflows from emerging markets hit Korea
By Matthew Circosta 2014-02-16 14:16 Despite some panic in emerging economies in Asia, Europe and Latin America, the market reaction to the U.S. Federal Reserve’s decision to continue tapering asset purchases is playing to script. Outflows of capital from Asia ... Read More