13 Updates

South Korea's overseas investment falls

Feb 26 2013, 2:19am CST | by

Seoul, Feb 26 (IANS) South Korea's overseas direct investment fell for the first time in three years as people refrained from investing into overseas mining projects amid global uncertainties.

Seoul, Feb 26 — South Korea's overseas direct investment fell for the first time in three years as people refrained from investing into overseas mining projects amid global uncertainties. Reported...

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Update
13

1 hour ago

South Korea coach quits after loss to Iran

Source: Press TV  |   Jun 19 2013, 12:39pm CDT

On Wednesday, Korea Football Association (KFA) confirmed Choi's exit, and began the search for a replacement to lead the squad in next year’s tournament. “The KFA has decided to accept Choi’s wish to resign at the end of his c ...

Continue reading on: Press TV  More like this

 
Update
11


Quote:
"North Korea will try to strategically use its relationship with China to facilitate dialogue with Washington. It will try to talk to the U.S. through China"


Source: FindLaw: AP Professional News

 
Update
10

4 hours ago

Mayor to seek return of Buddhist statue in South Korea

Source: The Buddhist Channel  |   Jun 19 2013, 9:48am CDT

In an interview Wednesday, Yasunari Takarabe said he will submit a petition seeking the return of the statue of the Kanzeon Bodhisattva to Kannon Temple, and that it will bear the signatures of around 17,0 ...

Continue reading on: The Buddhist Channel  More like this

 
Update
8

8 hours ago

South Korea to Buy European Long-Range Missiles

Source: Humanitarian News  |   Jun 19 2013, 5:41am CDT

South Korea has decided to upgrade its long-range missile arsenal with European-made weapons, after the Pentagon did not approve the sale of similar U.S. technology. Seoul's state procurement agency on Wednesday said authorities have approved a plan ...

Continue reading on: Humanitarian News  More like this

 
Update
7

9 hours ago

Australia, Iran and South Korea head for Brazil

Source: China Daily  |   Jun 19 2013, 4:52am CDT

Australia and Iran booked their fourth World Cup finals appearances with nervous 1-0 victories in a dramatic finale to Asian qualifying on Tuesday. South Korea joined them and Japan in qualifying for the finals after s ...

Continue reading on: China Daily  More like this

 
Update
6

10 hours ago

South Korea coach Choi exits

Source: SuperSport  |   Jun 19 2013, 4:21am CDT

Hong Myung-bo, who coached South Korea's Olympic side to a bronze medal at the 2012 London Games, is one of the "strongest candidates" to replace Choi Kang-hee as national team coach, the Korean FA said ...

Continue reading on: SuperSport  More like this

 
Update
5

14 hours ago

Japan, Australia, Iran, South Korea book 2014 World Cup spots

Source: Tribalfootball.com  |   Jun 19 2013, 12:30am CDT

The fourth round of Asian qualifying for the 2014 World Cup has been completed with four teams taking their spots in Brazil. Japan secured the first position in the finals, other than hosts Brazil and reigning ...

Continue reading on: Tribalfootball.com  More like this

 
Update
4

16 hours ago

Sports Briefing | Soccer: Australia, Iran and South Korea in World Cup

Source: The New York Times  |   Jun 18 2013, 10:25pm CDT

Australia, Iran and South Korea all secured berths at the 2014 World Cup on a thrilling final day of Asian qualifying on Tuesday. They join Japan, which was the first nation to qualify. Australia beat Iraq, 1-0, waiting until the 83rd minute before Josh ...

Continue reading on: The New York Times  More like this

 
Update
3

17 hours ago

South Korea opens bidding on $7.3 bn fighter jet deal

Source: DefenceTalk.com  |   Jun 18 2013, 8:56pm CDT

South Korea formally opened bidding Tuesday on a $7.3 billion deal to provide 60 advanced fighter planes, with three aviation giants vying for what is the Asian nation’s largest defence contract to date. US companies Boeing a ...

Continue reading on: DefenceTalk.com  More like this

 
Update
2

19 hours ago

Australia, Iran and South Korea head for Brazil

Source: The Malaysian Insider  |   Jun 18 2013, 7:19pm CDT

South Korea joined them and Japan in qualifying for the finals after sneaking through on goal difference and Uzbekistan and Jordan retained hope of making it five Asian sides in Brazil after taking the third spots in the groups to ...

Continue reading on: The Malaysian Insider  More like this

 
Update
1

20 hours ago

Iran, South Korea bound for Brazil

Source: Sportal Australia  |   Jun 18 2013, 6:17pm CDT

Iran and South Korea secured their places at the 2014 FIFA World Cup in AFC qualifying overnight. After Australia secured one of the four Asian spots in Brazil by finishing runner-up in Group B behind Japa ...

Continue reading on: Sportal Australia  More like this

 
 

16 weeks ago

South Korea's overseas investment falls

Feb 26 2013, 2:19am CST | by

Seoul, Feb 26 (IANS) South Korea's overseas direct investment fell for the first time in three years as people refrained from investing into overseas mining projects amid global uncertainties.

Seoul, Feb 26 — South Korea's overseas direct investment fell for the first time in three years as people refrained from investing into overseas mining projects amid global uncertainties.

Reported direct investment overseas declined 14.3 percent from a year earlier to $39.01 billion in 2012 after rising 32.5 percent in 2011 and 11.7 percent in 2010, the Ministry of Strategy and Finance said Tuesday.

Investment into overseas mining development projects tumbled 51.7 percent last year after doubling in the prior year due to global uncertainties such as the eurozone fiscal crisis. Investment growth in the manufacturing sector slowed to 4.2 percent in 2012 from 10.6 percent a year before, reported Xinhua.

By region, the direct investment into North American countries sank 57.6 percent last year, while those for Europe and the Middle East increased 19.8 percent and 135.6 percent respectively.

The US was the largest destination for overseas investment with $6.9 billion invested last year. It was followed by China with $6.48 billion, Australia with $4.41 billion and the Netherlands with $2.85 billion.

IANS

Source: IANS

 

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<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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