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Reports on the economic conditions in South Korea as of August 2004. Growth in gross domestic product; Increase in exports; Growth in capital spending.

The article reports that the decision of President Moon Jae-in of South Korea to raise taxes and the minimum wage in order to boost the economy has failed to produce the intended results. Topics covered include increase in unemployment and slowdown in economic growth, some of the economic problems facing South Korea like widening wealth gap and stagnant wages, and the unintended consequences of Moon's actions for small businesses.

The article focuses on the launch of surface- to-ship cruise missiles by North Korea to demonstrate that the North could repel forces staging a strike on the Korean Peninsula, mentions the views of South Korea president Moon Jae-in on economic difficulties after the launch of missiles.

The article reports on the impact of South Korea's reliance on China to the South Korean economy, with particular focus on the emergence of China as a competitor of South Korea.

The South Korean economy has expanded by 2.7% in the fourth quarter of 2003. The growth has been the fastest since the country expanded its exports market in 2001. Ironically, the growth for the entire year of 2003 has witnessed the slowest growth; 3.1%; since the 1997-98 Asian financial crisis. South Korea had actually entered into recession in the first half of the year, first since the financial crisis. In the last quarter, however, exports have risen to 11% and capital spending has also swelled to 4.3% to meet the growing export demand.

HONG KONG -- South Korea unexpectedly raised interest rates by a quarter of a percentage point Thursday and announced measures intended to curb rising prices, the latest sign that policy makers in Asia and other emerging markets were increasingly concerned about inflation. While prices in the United States, Japan and the euro zone have been creeping up slowly, inflation in many developing nations has risen rapidly alongside overall economic growth. Climbing commodity prices -- in recent weeks, crude oil prices have increased to more than $90, the highest level since October 2008 -- and adverse weather have helped drive prices up in some areas. [ABSTRACT FROM AUTHOR]

South Korean exports tumbled a record 32.8 percent in January as shipments of products as varied as cars and wireless communication equipment fell, a government report said. The drop in exports to $21.7 billion was the steepest since South Korea began collecting and announcing monthly tallies of exports and imports in 1980, said Nam Kyung-tak, an official at the Ministry of Knowledge Economy. The decline is dragging on South Korea's economy, which shrank 3.4 percent in the fourth quarter, its first contraction in a decade. Imports fell 32.1 percent, to about $24.7 billion. [ABSTRACT FROM PUBLISHER]

Many South Koreans have taken to blaming LeeMan Brothers for their nation's economic woes. No, they do not mean the failed American investment bank Lehman Brothers. Rather, they are making a play on the names of South Korea's president, Lee Myung-bak, and his finance minister, Kang Man-soo, whom many here criticize as handling the recent market turmoil inconsistently. [ABSTRACT FROM PUBLISHER]

For South Koreans, boxing is mainly a sport of the past, a metaphor for what the country was in the 1970s and '80s before its economy jumped to 13th largest in the world and a generation of young people grew up with privileges their parents could only imagine. Boxing was the sport of poor people, fighting for what they believed was rightfully theirs. Now, a girl whose family fled North Korea is breathing just a hint of new life into the sport by winning a world championship at age 17. In a soccer-crazed country, her hardscrabble tale has generated some headlines. [ABSTRACT FROM PUBLISHER]

Like the weed-infested, rusting railroad tracks that run through here, this once prosperous mining town was left behind in South Korea's economic growth -- until President Lee Myung-bak began pitching the country's most ambitious, and controversial, construction project. If Mr. Lee's plan goes through, the craggy mountains where miners once dug for coal will offer a new source of income: tourists sailing down a waterway blasted though the hills. [ABSTRACT FROM PUBLISHER]

Reports on the sleek new French-designed bullet trains of South Korea. Speed of 185 miles per hour; Impact on the airlines and on real estate prices in the suburbs of Seoul; Ambition to join the Group of Seven industrialized nations; Description of the newly rebuilt Seoul train station; Spread of high speed trains in middle class Asia; Expectation that China will choose a foreign partner to help build a high speed link between Shanghai and Beijing.

Reports on the reduction of the industrial output of South Korea in November 2003.

Reports on an economic team named by South Korean President Roh Moo Hyun to confront the challenge of staving off an economic downturn.

Reports on the spillover effect of the fallout of the bear market in the U.S. on South Korea's economy in 2002.

Reports on the views of South Korea's finance minister, Jin Nyum, on the role of the country's indebted companies in achieving economic recovery.

Deals with the signs of the intention of South Korean executives and bureaucrats to reverse several reforms imposed upon them in the rescue of the debt-ridden economy.

Reports on the expectation of South Korean officials on economic growth of Korea in 2002.

Reports the forecast of government officials on the economy of South Korea for 2002.

Report that the finance ministry of South Korea lowered on September 23, 2001 its expectations for the nation's economy in view of the terrorist attacks on the United States on September 11, 2001.

Warns about the economic crisis that lurks behind South Korea's political crisis during the first week of September 2001.

Presents brief reports on business from around the world, as of March 21, 2001. Sales at chemical manufacturer Clariant; Low levels of inflation in Great Britain; Expectation of lowered first-quarter profits at Dutch consumer electronics maker Royal Philips Electronics; Economic downturn in South Korea for fourth quarter of 2000; Other brief reports.

Reports that the Korea Exchange Bank, a lead creditor of the Hyundai Engineering and Construction Co., has promised to guarantee the firm $400 million in loans for overseas projects. Economic problems facing the South Korean construction company, which owes 4.2 trillion won ($3.5 billion) in debt; Layoffs; Efforts to remove Hyundai Engineering founder and principal shareholder, 85-year-old Chung Ju Yung.

Offers world news briefs related to business as of November 23, 2000. Talks between France Telecom and Freeserve in Britain, for the former to acquire the latter; Growth in the South Korean economy, as measured by the gross domestic product; Strike planned among a confederation which includes most of Argentina's labor unions to protest the government's actions regarding spending, the economy, and the health care system there.

Reports that South Korea needs to raise additional public funds due to the economic situation in September 2000. Amount needed to restructure domestic banks; Anticipation on the sale of Daewoo Motor company; Comments from Kim Dae Shik, an economics professor at Chung Ang University.

Reports on the cabinet revamp made by South Korean President Kim Dae Jung on August 7, 2000 in line with the performance of South Korea's economy. Criteria of the president for selecting the new cabinet members; Appointment of Jin Nyum in the ministry of finance and economy; Status of South Korea's banks; Background of the government's struggle with the Hyundai Group, a conglomerate in South Korea.

Reports the reaction of South Koreans on the peace and reconciliation agreement between the two Korean nations. Other concerns raised by Koreans; Impact of the peace treaty to their livelihood.

Reports on the plans unveiled by the South Korean government to aid its troubled financial market. Effects of the financial crises being suffered by Daewoo Group on the country's economy; Monetary plans included in the package; Status of Korean bond yields as of August 3, 1999; Plans of the government to infuse emergency funds to financial institutions.

Reports that many South Koreans and other Asians started their own businesses after losing their jobs due to the Asian economic crisis. Backbone of South Korea's explosive growth; Economic condition of the country; Information on entrepreneurs in South Korea.

Profiles Woo Yong Gak, a political prisoner in South Korea for his belief in the Communist Government of North Korea, who has been freed in 1999. Things that Woo has difficulty operating; How Woo finds South Korea; Length of time Woo has been in prison; Comparison of the economic situation in North and South Korea; Views of Woo on economic development.

Looks at the financial challenges confronting every nation of the world. Contingency program approved by the United States Congress; Comments from several bankers; Economic reforms in South Korea and Hong Kong; Economic and social conditions in Indonesia.

Presents news briefs on business enterprises from around the world in April 1999. Outlook of the economy of South Korea; Plans of Bayer AG to invest in Asia; Decision of Saga Petroleum of Norway to sell some of its assets.

Predicts the economic growth of South Korea in 1999. Views of Hubert Neiss, the International Monetary Fund's director for Asia and the Pacific.

Provides information on the report of the International Labor Organization (ILO), a United Nations specialized agency, on the economic condition of South Korea. Unemployment rate; Comments from Eddy Lee, economist at ILO; Factors that contributed to the increase in unemployment; Suggestion of ILO for Asian countries to create unemployment insurance.

Presents several international business briefs as of February 4, 1999. PLan of Parmalat SpA to buy the dairy unit of Cirio SpA; Offer of German metal employers to divert the threat of unlimited strikes by workers; View of the International Monetary Fund on South Korea's economy.

Reports that the mood of South Koreans has shifted from gloom to vibrant after the country's economic decline in 1997. Gradual increase of the value of the country's currency against the United States dollar; Employment situation in the country; Restructuring being implemented by the government of President Kim Dae Jung.

Unveils the plan of the South Korean government to raise large amount to help pay for revamping the nation's battered financial institutions. Selling of government bonds; Status of South Korea's economy; Other plans of the government.

Reports on the pledge given by South Korea's five largest conglomerates to shed more than half of their subsidiaries in 1998. Impact of the announcement of the pledges on the Seoul composite stock index; Details on the agreement; Core areas of business established by the agreement; Lack of a timetable of the agreement; Agreement reached between the government and the International Monetary Fund.

Focuses on the economic conditions of South Korea, with emphasis on the job losses. Reference to the bailout of South Korea by the International Monetary Fund; Value of the bailout; Information on foreign investment in South Korea; Details on the South Korean economy.

Reports that J.P. Morgan & Company notified major investors via E-mail about the January 8, 1998, discussion by international banks on extending repayment on loans threatening South Korea's solvency. Importance of the talks to South Korea's economy; Why J.P. Morgan decided to brief investors of the meeting; Controversy relating to the South Korean debt negotiations; Speculation on J.P. Morgan's motive for the briefing.

Reports that South Korea, United States and international banks are negotiating how to set Korea off to the road to financial recovery following the default of the International Monetary Fund's (IMF) $57 billion bailout and by international lenders. Demands which are reported to be made by the international lenders of the Korean government; View that Korea is to blame for its financial problems; Questions which are being asked by Koreans.

Focuses on economic conditions in South Korea since the currency difficulties experienced by the country. Performance of the country's stock market during the week of January 10, 1998; Increase in the Kopsi Composite index; How negotiations with foreign banks are progressing.

Reports on the South Korean stock market's recovery from the country's financial crisis. Details on the stabilization of South Korea's stock market for the first weeks of January 1998; Challenges that the market will face in 1998; Comparison of South Korea's economy to those of other Asian countries.

Reports that at the International Monetary Fund's (IMF) January 8, 1998 meeting in Washington, the South Korean Government and the IMF agreed to lower earlier growth targets to reflect the more dismal outlook on the country's 1998 economic performance. Statistical information on the economic targets; Statement issued by the Korean Ministry of Finance and Economy in relation to the agreement; Value of an outlay to South Korea.

Reports on a projection by the South Korean Government that its currency would grow slower than forecasted in December 1997, when a bailout from a group led by the International Monetary Fund (IMF) was arranged. Value of the aid package; Projection on the growth of the country's economy for 1998; Performance of the Korean won against the United States dollar after the announcement of the package.

Presents information on the implications of the International Monetary Fund's aid package for South Korea. Details on economic conditions in South Korea; Value of the package; Criticism of the package; How foreign banks will benefit from the package.

Opinion. Focuses on the financial bailout of an individual, with reference to the international assistance to South Korea. Estimated debt of South Korea; Parallel between the individual's bailout and South Korea.

Editorial. Focuses on the economic problems facing South Korea. Agreement of private banks to allow South Korean banks to postpone repayments; Factors which have negatively impacted on the country's economy; Finacial hurdles faced by the country.

Reports after the United States and its allies decided they could not wait for Seoul to get through its economic crisis, South Korea received another emergency aid. Amount of money South Korea received; Amount of money to be donated by the International Monetary Fund; Comments from Robert E. Rubin, United States Treasury Secretary.

Focuses on the decision of South Korea on December 19, 1997 to hire Goldman, Sachs and Company and Salomon Smith Barney as advisers. South Korea's contention that it would guarantee up to $20 billion in overseas borrowing by domestic banks; What retaining two Wall Street investment banks reflects; Reason for South Korea's decision; Performance of stocks in South Korea; Detailed information on South Korea's economic condition.

Focuses on the economic crisis in South Korea. Rescue plan issued by the International Monetary Fund; Call for the restructuring of the country's financial system; Comments from Albert Fishlow, a senior fellow at the Council on Foreign Relations.