Tags: Economy

Seoul Office Vacancy to Stay High as Economy Slows, Savills Says Office vacancies in Seoul will probably remain high this year due to weakened demand for space from companies as South Korea's economic growth slows, according to Savills Plc. The average vacancy rate of prime offices in Seoul soared to 14.1 percent at … Read more…

Seoul stocks likely to lose ground on global economy woes SEOUL, Oct. 18 (Yonhap) — South Korean stocks may suffer further losses next week as foreign investors are likely to maintain their net selling position amid rising concerns about the global economy, analysts said Saturday. The benchmark Korea … Read more on Yonhap News

(LEAD) Seoul shares close higher on bets on Chinese economy SEOUL, Feb. 14 (Yonhap) — South Korean stocks finished higher on Friday as investors bet the improvement of the Chinese economy will have a positive impact on the local market, with foreign investors snapping up shares. The South Korean won … Read more on Yonhap News

South Korea Best in Asia as Investors Show Confidence in Economy “The IMF crisis changed everything,” said Kim Nyeon Jae, 41, who heads a derivatives trading team at Korea Investment & Securities Co. in Seoul. “I was lucky as I got a job just before the outbreak. Most of my friends graduating later had to…

NYMEX-Crude slips on global economy worries, China data eyed SEOUL Oct 15 (Reuters) – U.S. crude futures fell on Monday in early Asian trade to hold just above $ 91 a barrel, as worries about the global economy offset the supportive impact of Middle East tensions. FUNDAMENTALS. * U.S. crude for November delivery … Read…

North Korea May Take Action to Jolt Economy, Analysts Say SEOUL, South Korea — North Korea said Wednesday that it would convene its Parliament this month, an unusual session that South Korean analysts said might officially introduce a program by the country's leader, Kim Jong-un, to revitalize the nation's … Read more on New York…