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S. KOREAN MANUFACTURING CONFIDENCE DIPS ON OIL PRICE, CURRENCY.
SEOUL, Oct 1 Asia Pulse - South Korean manufacturers' confidence in October fell from a month earlier as high oil prices and the local currency's strength against the U.S. dollar dampened the expectations of exporters and large corporations, the central bank said Monday.
According to the Bank of Korea, the business survey index (BSI) for manufacturers dropped to 94 for October from a one-year high of 95 a month earlier. A reading below 100 means pessimists outnumber optimists.
"A worsening business environment, including a stronger won, high oil prices and falling semiconductor prices, hurt manufacturers' confidence for October," the central bank said in a statement.
The price of Dubai crude oil, South Korea's benchmark, surged to a record-high $76.09 a barrel as of Sept.24, compared ...
- S. Korea's central bank freezes key rate for sixth month.
- News wire article from: YON - Yonhap News Agency of Korea February 9, 2007 700+ words
...inflationary pressure also gave the central bank little reason to raise its...inflation figure stayed below the central bank's three-year inflation...remained flat in January from a month earlier, the central bank said Wednesday. The rate freeze...
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- News wire article from: AsiaPulse News February 8, 2007 700+ words
...inflationary pressure also gave the central bank little reason to raise its...inflation figure stayed below the central bank's three-year inflation...remained flat in January from a month earlier, the central bank said Wednesday. The rate freeze...
- S. Korea's central bank freezes key rate for October.
- News wire article from: YON - Yonhap News Agency of Korea October 12, 2007 700+ words
...Yonhap) -- South Korea's central bank on Thursday froze its key...economy gives room for the central bank to raise the key rate again...accelerating from 12.1 percent a month earlier, the central bank said Wednesday. New bank...
- (3rd LD) S. Korea's central bank freezes key rate for November.
- News wire article from: YON - Yonhap News Agency of Korea November 11, 2005 700+ words
...Yonhap) -- South Korea's central bank on Thursday retained its key...Benign inflation also gave the central bank room to maintain a low interest...2.7 percent expansion a month earlier. The central bank intends to keep the consumer...
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- News wire article from: AsiaPulse News November 10, 2005 700+ words
...Asia Pulse - South Korea's central bank froze its key interest rate...Benign inflation also gave the central bank room to maintain a low interest...2.7 per cent expansion a month earlier. The central bank intends to keep consumer prices...
- SOUTH KOREA'S CENTRAL BANK FREEZES KEY RATE FOR OCTOBER.
- News wire article from: AsiaPulse News October 11, 2007 700+ words
...Asia Pulse - South Korea's central bank on Thursday froze its key...economy gives room for the central bank to raise the key rate again...accelerating from 12.1 per cent a month earlier, the central bank said Wednesday. New bank...
- S. Korea's central bank freezes key rate for 7th month.
- News wire article from: YON - Yonhap News Agency of Korea March 9, 2007 700+ words
...staying below the central bank's target range...February from a month earlier but stayed far below the central bank's three-year...percent from a month earlier. House prices...January, the central bank said this week...
- S. KOREA'S CENTRAL BANK FREEZES KEY RATE FOR 7TH MONTH.
- News wire article from: AsiaPulse News March 8, 2007 700+ words
...staying below the central bank's target range...February from a month earlier but stayed far below the central bank's three-year...per cent from a month earlier. House prices...January, the central bank said this week...
Source: HighBeam Research, S. KOREAN MANUFACTURING CONFIDENCE DIPS ON OIL PRICE, CURRENCY.