S. Korea swings to trade deficit in 2008

Submitted by YONHAP on

By Lee Joon-seung
SEOUL, Jan. 2 (Yonhap) -- South Korea posted its first trade deficit in more than
a decade in 2008 due to the worldwide economic slump and a surge in energy

ECONOMIC INDICATORS PREDICTED TO DECLINE IN 2009

Submitted by ANTARA on

Samarinda, Indonesia, Jan 1 (ANTARA) - Economic indicators amidst the global financial crisis are predicted to decline in 2009, an Indonesian Chamber of Commerce and Industry (Kadin) executive say

Exports in negative terrain; inflation eases further

Submitted by PTI on

New Delhi, Jan 1 (PTI) Exports fell 9.9 per cent in
November, the second straight month of negative growth, as
demand vaporised in the US and Europe, but falling inflation

India's HCL opens office in Israel

Submitted by PTI on

Jerusalem, Jan 1 (PTI) India's leading IT service
provider, HCL Technologies Ltd, is opening an office in Israel
at one of its high tech parks.

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