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Koreans News
South Korea's central bank lowers 2012 growth outlook Seoul, April 16 (IANS) South Korea's central bank Monday lowered its economic growth outlook for 2012 to 3.5 percent from an earlier estimate of 3.7 percent due to deteriorating terms of trading and slower export growth amid the lingering uncertainties in the euro area. The Bank of Korea (BOK) revised down its outlook for the country's 2012 gross domestic product (GDP) growth to 3.5 percent, down
Pressure mounts for air force basic trainer aircraft
With Parliament’s standing committee on defence intensifying scrutiny into India’s defence preparedness, the Indian Air Force (IAF) will be highlighting its near-desperate need for a
New NKorean leader emphasizes 'military first'
Hours after a failed rocket launch criticized abroad as a covert test of missile technology, North Korea's new leader underlined the country's "military first" policy with a budget that allocates
North Korea launch draws anger as failure wounds pride
NKorea launch draws anger as failure wounds pride
A satellite launch North Korea had hailed as a moment of national pride ended in failure Friday when the rocket disintegrated over the Yellow Sea, earning Pyongyang embarrassment as well as
Nuclear test could be North Korea's next step
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