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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World S.Korea Q3 FDI down 13 pct; likely to miss 2010 target Reuters - Wednesday, October 6 Send IM Story Print SEOUL, Oct 6 plans received by South Korea fell in the third quarter for a fourth consecutive quarter, government data showed on Wednesday. The country was unlikely to meet its initial FDI target for this year as slow global economic recovery had made investors reluctant to make big investments, an official at the Ministry of Knowledge Economy said. Asia's fourth-largest economy received FDI investment pledges totalling $2.93 billion during the July-September period, down 13.1 percent from a year earlier, the ministry said in a statement. That compared with a $2.79 billion in the second quarter and a $1.54 billion in the first. The ministry said FDI for the year would be higher than $11.4 billion in 2009. But a ministry official told Reuters it would be difficult to meet the government's initial target of $13 billion. Recommend Send IM Story Print Related Articles BRIEF-Arison sells 40 mln Hapoalim shares -Citi Reuters - 24 minutes ago FACTBOX-Comments by global policymakers on currencies Reuters - 30 minutes ago Turkish central bank to hold 3 billion lira repo Reuters - 31 minutes ago Gunman opens fire at OMV compound in Yemen, one injured Reuters - 35 minutes ago European shares extend rally; miners gain Reuters - 37 minutes ago News Search Top Stories ThyssenKrupp forecasts one billion euro profit Kenzo's birthday show whisks Paris back in time Wade out early in LeBron's Miami debut win Dracula fish, bald bird among strange new species Hungary declares emergency as toxic mud kills four More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Global marine life census charts vast world beneath the seas Doctors fueled US starlet's drug addiction US deficit is 'real and growing' threat: Bernanke Wonder carbon pioneers win Nobel Physics Prize French rogue trader Kerviel jailed for three years More Most Viewed » US state executes first woman in nearly 100 years Workers swarm Europe's streets in anti-cuts protests More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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