UPDATE 1-S.Korea needs to keep easy policy for while think tank

Reuters - Thursday 23rd May, 2013

Thu May 23, 2013 12:23am EDT * Easy policy can stay for extended period - think tank * Economic growth slow, inflation extremely low * Retail, credit data shows depressed consumer confidence By Choonsik Yoo SEOUL, May 23 (Reuters) - South Korea needs to maintain an expansionary monetary policy for a longer period as the economy is growing slower than forecast while inflation eases to a 14-year ...

S.Korea Q1 household credit growth slumps to 8-yr low

Reuters - Wednesday 22nd May, 2013

SEOUL | Wed May 22, 2013 11:00pm EDT SEOUL May 23 (Reuters) - South Korea's annual household credit growth eased to the slowest rate in more than eight years over the first quarter, data showed on Thursday, underscoring a deepening slump in consumer spending. Household credit at the end of March was up 4.9 percent year-on-year at 961.6 trillion won ($863.29 billion), from a 5.2 ...

Bangladesh S. Korea climbers die while descending Everest

Asia News Network - Wednesday 22nd May, 2013

Two climbers have died while descending from the summit of Mount Everest on Monday night, officials confirmed. The climbers have been identified as Mohammad Khalid Hussain of Bangladesh and Sung Ho-Seo of South Korea. Khil Lal Gautam, official at Tourism Ministry, said that Ho-Seo, who had climbed the peak without supplemental oxygen, refused to put on oxygen mask on returning to tent as ...