In a conference on Wednesday in mid-town Manhattan, The Korea Trade-Investment Promotion Agency (KOTRA) presented reasons why South Korea makes for an attractive investment candidate for foreigners.
A war is now raging in Europe. On one side are the forces of the corporate state led by Germany and France; on the other are the forces of free-market capitalism led by Britain.
The proposed common sovereign bond for eurozone, if ever it materializes, will fall short of solving the region’s fiscal crisis, analysts have said.
China was the subject of most number of anti-dumping investigations in the first half of the year, and products exported from China attracted the highest number of anti-dumping measures by other countries, the World Trade Organization (WTO) has said in a report.
The Irish government has presented what is likely the toughest austerity budget in its history, comprising spending cuts of 6-billion euros ($8-billion) and an increase in taxes, in addition to other measures already outlines last month in the so-called “National Recovery Plan.”
Olli Rehn said the European Union will conduct a second round of stress test for banks in February 2011.
The euro currency might not survive the current sovereign debt crisis and may be in danger of collapse, according to Stephen Nickell, an economist at the independent Office of Budget Responsibility (OBR) member and former Bank of England member.
Emerging East Asian economies will grow more than forecast this year but growth will slow in the region next year, the Asian Development Bank (ADB) said on Tuesday.
Following are comments by EU finance ministers and other officials after talks in Brussels on Tuesday.
The United States is expected to see weak employment prospects though employers expect the modest hiring pace to continue in the first three months of the year, a survey reported.
While Europe (and much of the developed world) continues to reel from high unemployment in the wake of the global economic recession, at least one small, peaceful corner of the continent continues to enjoy very low jobless rates.
The International Monetary Fund (IMF) is urging the European Union (EU) to expand the size of its rescue fund in the wake of weakening market performance in the euro zone’s peripheral members.
The crisis-hit peripheral countries have more of a 'solvency problem' than a liquidity problem and their public finances cannot be brought to order without leading to a deep and prolonged recession, as long as they are part of the eurozone, analysts have said.
Football fans needs not worry about securing visas ahead of the 2018 World Cup in Russia as Moscow is planning to scrap the requirement all together for match ticket-holders as well as footballers from the European Union.
After irking the FOSS community by attempting to muscle control over open-source projects like Java, MySQL, OpenOffice and Solaris, Oracle is back again and is eyeing Hudson project, much to the dismay of open-sources.
Whistle-blower website Wikileaks struck its first blow, as German vice-chancellor Guido Westerwelle sacked his office manager on charges of spying for the United States. Helmut Metzner has reportedly admitted to have given regular information to the US embassy in Berlin.
Eurozone retail sales rose unexpectedly in October for the first time in three months, showing an improvement in household demand.
European shares were little changed in early trade ahead of the release of fresh U.S. jobs data later on Friday, while the euro also paused for breath after bouncing from a 2-1/2 month low.
Europe's reaction to the fiscal crisis and the stabilization fund set up to deal with it must be commensurate to the problems involved, European Central Bank President Jean-Claude Trichet said on Friday.
The European Central Bank (ECB) left the benchmark rates unchanged for the 19th straight month, and said it would extend its longer-term liquidity tenders into the first quarter of 2011
The tension in Korean peninsula is unlikely to subside as South Korean intelligence chief Won Sei-hon said the North is highly likely to attack again.
If the ECB lives up to market expectations, the pair could rise further but a strong resistance area is up there, between 1.3266 (key long-term resistance) and 1.3357 (38.2 fibonacci retracement from June 7 lows), between which the 100-day SMA (1.3323) is also falling.