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  • Lee Kyung- hoon's dramatic gesture- a show of resolve to heal internal dissent amid stalled wage talks- succeeded by one measure: 2011 was one of just four years in the last 28 when Hyundai's Korean factory workers didn't walk off the job. "If we don't get tough, the company will not listen to us," said a worker at Hyundai's huge factory complex in Ulsan who asked not to be...

  • Kerry singles out North Korea for Internet abuse Monday, 18 May 2015 | 4:26 AM ET

    Kerry told students Monday at prestigious Korea University that authoritarian Pyongyang, with the lowest rate of access to the Web in the world, was the opposite of ultra-wired, democratic Seoul. Washington accuses Pyongyang of being behind last year's massive hack of Sony Pictures over a film that centered on the assassination of North Korean leader Kim...

  • Kerry slams North Korea, vows security for South Monday, 18 May 2015 | 12:39 AM ET

    Secretary of State John Kerry on Monday accused North Korea of a litany of crimes and atrocities while reassuring South Korea of America's "ironclad" security commitments. He said North Korea's "horrific conduct" must be exposed and vowed to ratchet up pressure on Pyongyang to change its behavior, particularly since it has rebuffed repeated attempts to...

  • India's Modi arrives in Seoul for two-day visit   Sunday, 17 May 2015 | 11:24 PM ET
    India's Modi arrives in Seoul for two-day visit

    Narendra Modi is in South Korea for his first visit to the country as India's Prime Minister. SBS CNBC's June Yoon reports.

  • SEOUL, South Korea— "Smart Relief" is a mobile app for parental control of Android smartphones. South Korea's government funded the app, which alerts parents to possible bullying based on its monitoring of phrases and words used in smartphone messages and in online searches. Such apps are criticized in South Korea as an invasion of privacy but their use is...

  • SEOUL, South Korea— Lee Chang- june can be miles away from his 12- year-old son but still know when he plays a smartphone game. In South Korea, those apps have been downloaded at least 480,000 times. Last month, South Korea's Korea Communications Commission, which has sweeping powers covering the telecommunications industry, required telecoms companies and...

  • At Sharp, decline marked by over-confidence, drift Friday, 15 May 2015 | 12:35 AM ET

    TOKYO, May 15- In private conversations early last year, executives at Japanese display maker Sharp Corp dubbed their new client "winning horse," reckoning. Within months, however, Sharp found it was sharing Xiaomi revenue as upstart rival Japan Display also struck a deal to supply the Chinese firm with its "in-cell" displays. Once among the top display suppliers to...

  • By Christine Kim and Choonsik Yoo. SEOUL, May 15- The Bank of Korea held interest rates steady at a record low for a second consecutive month on Friday, while upbeat remarks by Governor Lee Ju- yeol pared the chances of another rate cut soon- sending bond yields and the won higher. The Bank of Korea's monetary policy committee kept the base rate at 1.75 percent in a 6-1...

  • SEOUL, May 15- South Korea's imports of Iranian crude fell 6.5 percent in April from a year ago, with its oil shipments from the OPEC country in the first four months of 2015 dropping nearly 14 percent year-on-year to meet international sanction requirements. South Korea and other Asian buyers can import crude form the Islamic nation at sanctions-reduced rates...

  • DIARY- Emerging Markets Economic Events to May 28 Thursday, 14 May 2015 | 8:02 PM ET

    Greek Prime Minister Alexis Tsipras, Finance Minister Yanis Varoufakis, Deputy Finance Minister Dimitris Mardas, Economy Minister George Stathakis, Chief Executive of the European Financial Stability Facility and Deputy Director at the European Department at International Monetary Fund Pul Thomsen are among keynote speakers. PRAGUE- The "History of...

  • DIARY- Emerging Markets Economic Events to May 26 Tuesday, 12 May 2015 | 8:02 PM ET

    LONDON- Brazilian Finance Minister Joaquin Levy visits the United Kingdom and holds a press conference- 1645 GMT. SARAJEVO- Sarajevo Business Forum 2015. WASHINGTON- European Central Bank President Mario Draghi will give the Michel Camdessus Central Banking Lecture at the IMF- 0800 GMT.

  • SEOUL, May 12- South Korean prosecutors raided Korea National Oil Corp and the local office of Bank of America Merrill Lynch on Tuesday in a probe over the state oil firm's 2009 acquisition of a Canadian refiner, two people familiar with the matter said. Bank of America Merrill Lynch advised KNOC on its acquisition of Harvest Operations Corp..

  • DIARY- Emerging Markets Economic Events to May 25 Monday, 11 May 2015 | 8:02 PM ET

    LONDON- Brazilian Finance Minister Joaquin Levy visits the United Kingdom and holds a press conference- 1645 GMT. SARAJEVO- Sarajevo Business Forum 2015. WASHINGTON- European Central Bank President Mario Draghi will give the Michel Camdessus Central Banking Lecture at the IMF- 0800 GMT.

  • Why BofA remains underweight South Korea   Thursday, 7 May 2015 | 8:23 PM ET
    Why BofA remains underweight South Korea

    While South Korean equities offer value, investors need to be wary of headwinds such as a strong currency, says Ajay Kapur, head of Asia-Pacific and Emerging Markets Strategy at Bank of America Merrill Lynch.

  • DIARY- Emerging Markets Economic Events to May 21 Thursday, 7 May 2015 | 8:02 PM ET

    BUCHAREST- Romania central bank Governor Mugur Isarescu presents the quarterly inflation report. LUSAKA- Bank of Zambia announces interest rate decision. ACCRA- Central bank of Ghana holds monetary policy meeting.

  • PYEONGTAEK, South Korea, May 7- Samsung Electronics Co Ltd said on Thursday its new $14 billion South Korean chip plant, which is expected to help drive growth as smartphone earnings slow, will start production sometime in the first half of 2017.. The world's No.2 chip maker by revenue did not specify what products will be made at the new production line, which will...

  • South Korea's craze for 'eating broadcasts'   Tuesday, 5 May 2015 | 10:55 PM ET
    South Korea's craze for 'eating broadcasts'

    Alica Forneret, host at The Great Mukbang Experiment, explains the "Mukbang" phenomenon where thousands of South Koreans tune in purely to watch someone eating food.

  • DIARY- Emerging Markets Economic Events to May 18 Tuesday, 5 May 2015 | 8:02 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen and International Monetary Fund Managing Director Christine Lagarde participate in " Finance and Society" conversation before the Institute for New Economic Thinking Conference on Finance and Society hosted by the IMF- 1315 GMT. BUDAPEST- Central bank of Hungary publishes April policy meeting- 1200 GMT.

  • Koreans become stars by live-streaming dinner Tuesday, 5 May 2015 | 3:23 AM ET
    Woman eating at a restaurant in a local fishing village in Sokcho, South Korea.

    What happens when you combine the power of live online broadcasting with extreme-eating contests like those depicted on television show "Man v. Food"?

  • South Korea casinos court China's 'low-rollers' Monday, 4 May 2015 | 8:36 PM ET

    Seoul's foreigners-only casinos are targeting a new breed of 'low-roller' gamblers – Chinese shoppers.