Tags: budget

Seoul increase 2015 defense budget by 4.9 percent South Korea has finalized its 2015 defense budget that calls for a 4.9 percent increase from 2014. “The increase will improve the welfare of servicemen and enhance combat capabilities” The Korean defense ministry said. The defense spending in 2015 has … Read more on Defense Update

Seoul shares seen lower on US budget impasse; tech shares eyed SEOUL, Oct 7 (Reuters) – Seoul shares are expected to track global markets lower on Tuesday, as investors fret about a week-long U.S. government shutdown, with deadlocked policymakers only 10 days from a critical need to raise the U.S. debt ceiling. Read more on…

Seoul shares flat; S.Korea budget approval, ECB meeting lend support SEOUL May 2 (Reuters) – South Korean shares were flat on Thursday, with expectations of an interest rate cut in Europe and approval of South Korea's stimulus plan lending support but lacklustre economic data from the U.S. and China capping gains. Read more on Reuters

S. Korea's Kospi Erases Gain as U.S. Budget Offsets Election The Kospi index rose 0.3 percent to 1,999.50 at the close in Seoul. The gauge pared a gain of 0.7 percent amid concerns U.S. budget talks are stalling. Stocks resumed trading after a holiday yesterday for the polls, during which the MSCI Asia Pacific ……