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May 21, 2013 / 5:02 AM

South Korea business failures rise in April

SEOUL, May 21 (UPI) -- South Korean corporate bankruptcies jumped to 89 in April from the record low of 69 in March as liquidity supply eased, the Bank of Korea reported Tuesday.

The central bank said April saw a tapering off of liquidity injected during the Lunar New Year holiday which fell on Feb. 10 this year, the South Korean news agency Yonhap reported.

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The bank also said the number of new businesses grew to 6,376 in April, up 22 from March.

The bank lowered its growth estimate for this year to 2.6 percent from an earlier estimate of 2.8 percent. However, it is still higher than the government's 2013 growth estimate of 2.3 percent.

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Austin visits Ukraine, voices U.S. support against Russian aggression

Defense News // 2 years ago

Austin visits Ukraine, voices U.S. support against Russian aggression

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Citing Russian occupation, U.S. signs new defense pact with Georgia

Defense News // 2 years ago

Citing Russian occupation, U.S. signs new defense pact with Georgia

Oct. 18 (UPI) -- U.S. Defense Secretary Lloyd Austin signed a new security agreement with Georgia Monday, seeking to buttress relations with the Black Sea nation as it continues to face Russian troops in two of its regions.

Pentagon orders all civilian employees to be fully vaccinated by Nov. 22

Defense News // 2 years ago

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Defense News // 2 years ago

Army investigating suspected suicides of three Fort Drum soldiers

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Defense News // 2 years ago

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South Korean firm to supply rapid COVID-19 test kits to U.S. military

Defense News // 2 years ago

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Defense News // 2 years ago

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Defense News // 2 years ago

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Defense News // 2 years ago

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Defense News // 2 years ago

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