SYDNEY (AFP) - The Australian government on Thursday announced it has secured a free trade agreement with Asian giant South Korea after four years of negotiations.
TOKYO (AFP) - Japan and Southeast Asian countries are in talks over expanding currency swap arrangements to help cushion their economies in financial emergencies, an official said Thursday, ahead of a Japan-Asean summit next week.
It is commonly believed that sovereign wealth funds often invest on behalf of governments for strategic reasons and as an instrument of foreign policy, but Temasek Holdings does not share the characteristics of most sovereign wealth funds, said its chairman Lim Boon Heng.
SEOUL (AP) - South Korea's economy expanded at its fastest clip in nearly two years during the third quarter as construction and capital expenditure offset weak growth in exports.
The private home resale market weakened yet again in November, with prices falling to their lowest point so far this year.