Korea, South

Trade Deal Spurs Flow of Arbitrage North Sea Oil to South Korea

24 May 2012

An unprecedented 24 million barrels of North Sea crude were exported to South Korea since December after a free trade agreement with the European Union opened the 16,500-mile (26,500-kilometer) arbitrage trade.

South Korea to spend $2b on missiles

24 May 2012

South Korea is planning to spend more than $2.17 billion on hundreds of missiles due to threats from NKorea.

South Korea Market Outlook

24 May 2012

South Korean shares rose Thursday as local institutions snapped up stocks on views that local stocks were undervalued that offset lingering concerns over the possible exit of Greece from the EuroZone.