South Korean shares fell sharply on Wednesday amid concerns over the earlier-than-expected end of quantitative easing in the United States.
South Korea has planned to raise 134.8 trillion won (120 billion U.S. dollars) over the next five years to fulfill campaign pledges of President Park Geun-hye and enforce major policy agendas, the finance ministry said Friday.
South Korea's finance ministry said Tuesday that it earmarked 17.3 trillion won (15 billion U.S. dollars) in extra budget this year to boost the sluggish economy in the early period of new presidency under President Park Geun- hye.
Samsung Electronics, the world's largest maker of smartphones, memory chips, televisions and flat screens, estimated Friday the record level of operating profit for the first quarter.
South Korea planned to boost its faltering real estate market with the comprehensively easing measures such as the offer of exemptions on acquisition and capital gains taxes along with the financial support for first- time home buyers, the Construction Ministry said Monday.
South Korea's economic growth accelerated in the fourth quarter from three months earlier, after rising 0.1 percent in the prior three months, as stronger won helped boost private consumption.
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