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  • Volatility due to MERS will be short-lived: Pro Wednesday, 10 Jun 2015 | 8:20 PM ET
    Volatility due to MERS will be short-lived: Pro

    While epidemic diseases like MERS can be disruptive, the reaction in the stock markets should be short term, says David Gaud, senior portfolio manager at Edmond de Rothschild Asset Management.

  • How the MERS outbreak is hurting South Korea Wednesday, 10 Jun 2015 | 6:50 PM ET
    How the MERS outbreak is hurting South Korea

    James P. Rooney, chairman of Advanced Capital Partners, says the impact on South Korea's tourism and retail sectors will likely hinder economic growth.

  • SEOUL, June 10- A joint South Korean-World Health Organization mission studying an outbreak of Middle East Respiratory Syndrome recommended on Wednesday that schools be reopened, as they were unlikely to spread the disease, just as school boards recommended more be shut. South Korea's Health Ministry said on Wednesday two more people had died from MERS and...

  • South Korea MERS outbreak: 13 new cases, 2 more deaths Tuesday, 9 Jun 2015 | 10:12 PM ET
    South Korea MERS outbreak: 13 new cases, 2 more deaths

    SBS CNBC's June Yoon has more regarding the latest announcement from South Korea's health ministry and how the Middle East Respiratory Syndrome (MERS) outbreak is hitting tourism stocks.

  • This country scores A for investors experience Tuesday, 9 Jun 2015 | 8:47 PM ET
    This country scores A for investors experience

    Anthony Serhan, MD of Research Strategy for APAC at Morningstar, says South Korea has topped the research company's latest report which assesses the experiences of mutual fund investors in global markets.

  • WASHINGTON, June 9- The State Department notified Congress on Tuesday that it has approved potential arms deals worth nearly $2.4 billion with South Korea and Lebanon, including three Aegis Shipboard Combat Systems for Seoul and six close air support planes for Beirut. The two separate notifications were to advise Congress of potential sales but do not mean...

  • Falling yen raises specter of "currency war" in Asia Tuesday, 9 Jun 2015 | 5:00 PM ET

    SINGAPORE, June 10- From South Korea to Indonesia and India, monetary authorities are preparing to let their currencies weaken as a falling Japanese yen makes their economies uncompetitive, and drags them into what some policymakers are calling a "currency war." An adviser to India's finance minister said the country's export growth was flailing not just...

  • *U.S. crude settles above $60 a barrel, Brent near $65. NEW YORK, June 9- Prices for crude oil, gasoline and diesel jumped more than 3 percent on Tuesday, as bullish investors ramped up bets across the oil complex for another weekly drop in U.S. stockpiles. U.S. crude inventories likely fell for a sixth straight week in the week ended June 5, data from industry group...

  • *Brent nears $65 a barrel, U.S. crude edges toward $60. U.S. crude inventories likely fell for a sixth straight week in the week ended June 5, data from industry group American Petroleum Institute is expected to show later on Tuesday before official numbers on Wednesday from the government's Energy Information Administration. Brent futures were up $1.88, or 3...

  • *Brent near $65 a barrel, U.S. crude near $60. U.S. crude inventories likely fell for a sixth straight week in the week ended June 5, data from industry group American Petroleum Institute is expected to show later on Tuesday before official numbers on Wednesday from the government's Energy Information Administration. Brent futures were up $2, or 3.2 percent, at...

  • LONDON, June 9- Oil prices rose above $64 a barrel on Tuesday as higher seasonal demand in developed economies and expectations of falling U.S. shale production reduced the impact of a large global supply overhang. Brent for July delivery was up $1.67 at $64.36 a barrel at 1139 GMT, having settled down 62 cents in the previous session. Demand for oil tends to...

  • SEOUL/ HONG KONG, June 9- Hong Kong issued a "red alert" advisory on Tuesday against non-essential travel to South Korea, where eight new cases of Middle East Respiratory Syndrome were reported, bringing the total to 95 with seven fatalities. "At this stage, to issue a clear message is something the Hong Kong government thinks is necessary," Hong Kong's number two...

  • *As OPEC keeps output level, eyes on Iraq, Iran supply- analysts. Brent for July delivery was up 95 cents to $63.64 a barrel as of 0846 GMT, having settled down 62 cents in the previous session. Demand for oil tends to increase in the summer months as drivers take to the roads for holidays in Europe and the United States.

  • *China's May consumer inflation weakens more than expected. *As OPEC keeps output level, eyes on Iraq, Iran supply- analysts. Brent for July delivery was up 95 cents to $63.64 a barrel as of 0846 GMT, having settled down 62 cents in the previous session.

  • SEOUL/ HONG KONG, June 9- Hong Kong issued a "red alert" advisory on Tuesday against non-essential travel to South Korea, where eight new cases of Middle East Respiratory Syndrome were reported bringing the total to 95 with seven fatalities. "At this stage, to issue a clear message is something the Hong Kong government thinks is necessary," Hong Kong's number two...

  • HONG KONG/ SEOUL, June 9- British retailer Tesco Plc has invited at least six firms including KKR& Co and Carlyle Group to bid for its South Korean unit Homeplus, valued at about $6 billion, people familiar with the matter told Reuters. If sold to private equity for $6 billion- which the sources say represents the equity value of Homeplus- the sale would be Asia's...

  • SEOUL/ HONG KONG, June 9- Hong Kong said on Tuesday it would issue a red alert against non-essential travel to South Korea where eight new cases of Middle East Respiratory Syndrome were reported, bringing the total to 95 with seven fatalities. On Monday, Hong Kong upgraded its response to the outbreak in South Korea to "serious". The WHO has not recommended any curb on...

  • SEOUL, June 9- South Korea's health ministry said on Tuesday there were eight new cases of Middle East Respiratory Syndrome, bringing the total to 95 but representing a sharp fall in the number of daily new cases from 23 reported a day earlier. Hong Kong has upgraded its response to the outbreak in South Korea, where concerns are growing about the economic impact of...

  • SEOUL, June 8- Hong Kong upgraded to "serious" on Monday its response to an outbreak of Middle East Respiratory Syndrome in South Korea, where the number of cases jumped and fears grew about the economic impact of the disease. South Korean President Park Geun-hye said the progress of MERS, which has been spreading in South Korea since last month when a businessman...

  • SEOUL, June 8- South Korea reported a jump in cases of Middle East Respiratory Syndrome on Monday and local officials ordered the closure of nearly 2,000 schools nationwide, while an 80- year-old man became the sixth fatality from the outbreak. Singapore postponed or cancelled all school trips to the country, although the head of the World Health Organization...