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South Korea Plans $11 Billion Boost to Economy
South Korea plans to introduce a stimulus package worth $11 billion or 14 trillion won next year in order to fight the biggest financial crisis to grip the nation since it required IMF aid almost a decade ago. In an attempt to boost the flagging South Korean economy, the country’s finance minister Kang Mang Soo... »
South Korea Moves $130 Billion Rescue Plan for Finance Sector
South Korea became the latest country to bail out its financial system by offering a $30 billion rescue package for its banking sector as well as backing foreign currency debts of its lenders worth $100 billion. The measures come in the wake of a global market crisis whose impact has left finance sectors of... »
