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  • BEIJING— Asian stock markets rose Monday after Wall Street rebounded and China's leaders promised more measures to shore up slowing growth. KEEPING SCORE: The Shanghai Composite Index gained 0.8 percent to 4,477.23 and Hong Kong's Hang Seng added 0.3 percent to 28,210. Seoul's Kospi advanced 0.3 percent to 2,133.14 and Sydney's S&P/ASX 200 was up 0.1...

  • BAKU, May 3- Central bankers and finance ministers from China, Japan and South Korea said on Sunday they remained committed to policies to support demand in the face of moderate and uneven global growth. The policymakers for the three North Asian economies held a trialateral meeting, chaired by Japan's Deputy Prime Minister and Finance Minister Taro Aso, on the...

  • LG Electronics says 1Q profit sinks nearly 60 percent Wednesday, 29 Apr 2015 | 1:48 AM ET

    SEOUL, South Korea— LG Electronics Inc. said Wednesday its quarterly profit plunged 59 percent as losses from TVs offset a modest improvement in its smartphone business. The Korean company said its January-March net profit fell to 38.4 billion won from 92.6 billion won a year earlier. Sales were flat at 14 trillion won while operating profit slumped 37 percent...

  • Samsung's profit hit by bigger iPhones, sinks 39 percent Wednesday, 29 Apr 2015 | 1:05 AM ET

    SEOUL, South Korea— Samsung Electronics Co. said its first quarter net profit plunged 39 percent as consumers switched to bigger iPhones, squeezing earnings from its mobile business to less than half what they were a year earlier. The company reported Wednesday that its January-March net profit was 4.63 trillion won, compared with 7.49 trillion won a year...

  • SEOUL, April 29- Samsung Electronics Co Ltd on Wednesday said it expects earnings to rise in the second quarter after posting its highest profit in three quarters in January-March, boosted by strong demand for its new Galaxy S6 flagship smartphones. Samsung's renewed focus on design after a period of stagnation in its smartphone range appears to be paying...

  • SEOUL, April 29- Samsung Electronics Co Ltd on Wednesday tipped further earnings improvement in the second quarter after confirming its highest profit in three quarters in January-March, but voiced some caution about the second-half outlook. The South Korean giant reported a first-quarter operating profit of 6 trillion won, in line with the 5.9 trillion won...

  • SEOUL, South Korea— Samsung Electronics Co. said its first quarter net profit plunged 39 percent as consumers switched to bigger iPhones, squeezing earnings from its mobile business to less than half from a year earlier. The company reported Wednesday that its January-March net profit was 4.63 trillion won, compared with 7.49 trillion won a year earlier.

  • DIARY- Emerging Markets Economic Events to May 11 Monday, 27 Apr 2015 | 2:32 PM ET

    SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.

  • SEOUL, South Korea— After the earthquake hit Nepal, Prem Raja Mahat spent a sleepless night at his Baltimore home, trying again and again to reach his son, who was visiting friends and family back in Mahat's home country. "My wife was crying, crying so much,' My son is not here, keep calling, keep calling.' All night I called, but I could not get through," he said.

  • Asian markets rise after Wall Street gains Sunday, 26 Apr 2015 | 11:42 PM ET

    BEIJING— Asian stock markets rose Monday after Wall Street gained on strong earnings and investors looked ahead to Apple results and this week's U.S. Sydney's S&P ASX 200 added 0.7 percent to 5,973.30 and Seoul advanced 0.2 percent to 2,163.17. Taiwan, Singapore and Manila also rose.

  • Thousands march in South Korea anti-government protest Saturday, 25 Apr 2015 | 1:35 AM ET

    SEOUL, South Korea— Thousands of South Koreans marched in Seoul for the second straight day Saturday to protest government labor policies and the handling of a ferry disaster that killed more than 300 people a year ago. Saturday's rally ended peacefully without any reported injuries, said an official from the National Police Agency, who didn't want to be named,...

  • DIARY- Emerging Markets Economic Events to May 7 Friday, 24 Apr 2015 | 8:02 PM ET

    SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.

  • PITTSBURGH— A man scammed a South Korean steel company out of $375,000 by claiming he worked with a Japanese talent agency that could help the company book a concert by musician Pharrell Williams, FBI agents in Pennsylvania said. At least one woman lost $185,000 from December 2013 to August 2014 in the scam, the FBI said. The 28- year-old Segbefia used a company he...

  • SEOUL, South Korea— Thousands of anti-government protesters marched in cities across South Korea on Friday, denouncing the labor policies of the increasingly unpopular President Park Geun-hye. They come about a week after police clashed violently in the capital Seoul with demonstrators critical of the government's handling of a ferry disaster that...

  • TAIPEI, April 24- Apple Inc aims to ship at least 20 million Apple Watches this year, well above many analysts' forecasts, according to supply chain sources. Shipment estimates for the smartwatch, Apple's first wearable gadget that went on sale on Friday, vary widely as it's a relatively new type of consumer product and the market is largely untapped.

  • SEOUL, April 23- South Korea's Hyundai Motor may boost production of sport utility vehicles in the United States and China after reporting profits fell again, squeezed by the cost of promotions to bolster car sales and unfavourable foreign exchange trends. Hyundai, which together with affiliate Kia Motors ranks fifth in global sales, said net profit eased 1...

  • Hyundai's 1Q earnings fall as car sales drop Thursday, 23 Apr 2015 | 1:41 AM ET

    SEOUL, South Korea— Hyundai Motor Co. said Thursday its first-quarter profit dropped due to lower vehicle sales at home and abroad and the strong local currency. The maker of Genesis sedan and Sonata said Tuesday its net profit was down 2 percent over a year earlier to 1.98 trillion won while operating income sank 18 percent to 1.59 trillion won.

  • SEOUL, April 23- South Korea's economic growth picked up in January to March after plunging in last-quarter 2014, but the economy still faces challenges such as a slowing China and poor domestic tax revenue. The Bank of Korea's first official estimates out on Thursday showed gross domestic product grew a seasonally adjusted 0.8 percent quarter on quarter, led...

  • SEOUL, April 23- Samsung Electronics Co Ltd is set to spend at least another 10 trillion won to boost capacity at a new South Korean chip plant, a 64 percent increase over announced investment plans, domestic online news service MoneyToday reported. The plans for the new plant, which will be located in Pyeongtaek south of Seoul, has led to some worries about the...

  • SEOUL, April 23- Samsung Electronics Co Ltd plans to invest at least another 10 trillion won to boost capacity at a new South Korean chip plant, news service MoneyToday reported on Thursday without citing sources. Samsung has already announced a 15.6 trillion won investment to build the plant in Pyeongtaek south of Seoul, its biggest commitment to a single...