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Tue, Oct 2, 2007 Leaders of North, South Korea Meet Oct 2, Associated Press Writer SEOUL, South Korea (AP) - hyun in Pyongyang on Tuesday to begin the second summit between the two countries since the peninsula's division after World War II. Thousands of cheering North Koreans waving pink paper flowers and a military honor guard bearing rifles with bayonets heralded the leaders' first encounter outside a cultural hall in the North Korean capital, 2 hours by road from the South Korean capital, Seoul.

Currency Day Trading South Korean exports made a robust showing in March, after economic indicators in February threw cold water on talk of an economic recovery.

A cash asset or an asset that is easily converted into cash. Released monthly, this figure measures the difference between imports and exports. When exports are higher than imports, there is a surplus in the balance of trade. When imports are higher than exports, there is a deficit. export differential is referred to as the trade gap.

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North Korea's threat to the South has been the essence of the alliance since North Korea invaded the South in 1950. The United States led a United Nations force to the rescue and the conflict ended in a truce without peace in 1953. Since then, tens of thousands of U.S. troops stayed in South Korea as a deterrent.But this central arrangement of the alliance is changing due to shifts in both nations' perceived security needs.For many South Koreans, views of the communist North Korean threat have changed radically since 2000 when the leaders of both Koreas held their first and only summit, pledging eventual reunification. Kongdan Oh, with the U.S.-based Institute for Defense Analyses, jung from his historic meeting with North Korean leader Kim Jong Il"What he declared was that, in my personal conversation Kim Jong Il assured me that there would be no more Korean war, because you and I shook hands.

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-57.5 Billion Definition The difference between funds received by a country when exporting merchandise and the funds paid for importing merchandise. The balance of trade is a major part of the current accounts portion of the balance of payments. Balance of trade surplus results if exports exceed imports, commonly termed a favorable balance of trade, and a balance of trade deficit exists if imports exceed exports, analogously termed an unfavorable balance of trade. The "favorable" and "unfavorable" normative connotations attached to the balance of trade rests with the presumption that a nation is "better off" when it exports more than it imports, which is not necessarily true.

Forex Day Trading April 4, 2005 (AXcess News) Seoul - South Korean exports made a robust showing in March, after economic indicators in February threw cold water on talk of an economic recovery.

The difference between the value of goods and services exported out of a country and the value of goods and services imported into the country. The balance of trade is the official term for net exports that makes up the balance of payments. The balance of trade can be a "favorable" surplus (exports exceed imports) or an "unfavorable" deficit (imports exceed exports). In other words, it is total imports subtracted from total exports. The official balance of trade is separated into the balance of merchandise trade for tangible goods and the balance of services.

Financial In Market In March exports shot up 18 percent higher from the same month last year, to more than $22.5 billion.Oh Jiwon, a spokeswoman for the Ministry of Commerce, credits a strong global appetite for South Korean goods. "Global demand for our goods and services - they've been stable. We've seen double digits [growth] for semiconductors, our automobiles, steel products," he said.

Stock Trading System The export figures for March were a sharp contrast to the February economic performance, when South Korean exports rose just slightly more than seven percent - the slowest increase in nearly two years. Also in February, industrial output dropped more than seven percent compared with the year before, and private consumption dropped in February.

Day Trading Stock Tip Official data show the slowdown was partially related to February's Lunar New Year holiday - when many South Koreans took up to a week off work.

Financial Forex Forex Software In China, a slowdown in some economic indicators is being welcomed. Chinese state media predict economic growth will be 8.8 percent for the first quarter of the year, well off the 9.5 percent growth for all of 2004. Many economists think the economy needs to grow by less than nine percent a year to avoid sparking excessive inflation or shortages of material and labor.China's consumer price index rose by nearly four percent in February, but it is down from highs of more than five percent in the middle of last year. Economists credit China's decision to raise interest rates in October, as well as other controls put in place by Beijing.Philippines President Gloria Arroyo has ordered much of the national civil service to slow down to save energy. Many Philippine government branches are switching to four 10-hour workdays, rather than five eight-hour days. The move is aimed at saving millions of dollars in electricity and water costs, as the government struggles to cut its massive deficit.

Stock Market Trading State-owned corporations also will adopt the new workweek, and the legislative and judicial government branches are considering the switch as well.Source: Voice of America

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