Korea’s food price inflation rate ranks in OECD’s top three for third straight month
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Korea’s food price inflation rate ranks in OECD’s top three for third straight month

Korea’s inflation rate for grocery prices has ranked in the top three among the 34 countries of the OECD for a third straight month. According to OECD data, Korea’s inflation rate for grocery prices was four-point-five percent in November from the year before,… which is the third highest after Mexico and Japan. Korea came in second in October, with a…

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Korea′s inflation rate expected to fall to levels not seen since late 1940s   한국
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Korea′s inflation rate expected to fall to levels not seen since late 1940s 한국

Consumer prices in Korea have stagnated badly this year. In fact,… the country′s key measure of inflation is forecast to fall well below one percent and that would be the lowest level in sixteen years. Experts warn deflation is now a serious concern. Kim Min-ji reports. Korea′s consumer price growth is expected to be sub-one percent this year. That′s according…

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Body of Korean hiker recovered on Canadian mountain
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Body of Korean hiker recovered on Canadian mountain

Five hikers fell to their deaths on a mountain near Vancouver on Saturday. A local hiking group stepped on an overhang of snow that collapsed. Korea’s foreign ministry confirmed one of them is a South Korean citizen Oh Soo-young has the latest. Five hikers have died in the mountains near Vancouver, Canada after a ledge of snow collapsed under them.…

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U.S. stocks down on oil price drop, Fed rate hike fears
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U.S. stocks down on oil price drop, Fed rate hike fears

U.S. stocks finished lower Tuesday on a continued drop in oil prices and as the Federal Reserve kicked off its two-day rate-setting meeting. The Dow Jones Industrial Average finished zero-point-two percent lower at 20-thousand-837, …while the S&P 500 dropped a third-of-a-percent to two-thousand-365. A one-percent fall in the energy sector led the declines, taking a hit from yet another drop…

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Stocks
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Stocks

Shares on Wall Street closed lower on Thursday, with losses being led by large-cap technology stocks which faced renewed pressure. A more hawkish tone from the Federal Reserve following its rate hike, also contributed to the cautious mood in the U.S. markets. The Dow fell zero-point-zero-seven percent,… while the S&P 500 shed zero-point-two percent, both retreating from record-highs seen in…

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