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  • U.S. crude had a brief, strong rally early in the day that might have been short-covering, said John Kilduff, a partner in Again Capital LLC, before its gain was cut. Brent has fallen to its lowest in more than five years as top exporter Saudi Arabia and other large Gulf producers continue to pump oil, while U.S. shale oil output grows quickly, despite pleas from other...

  • *Hyundai-Kia sets global goal at 8.2 mln vehicles, up 2.5 pct. SEOUL, Jan 2- Hyundai Motor Co and affiliate Kia Motors Corp forecast sales this year to grow at the slowest pace since 2003, hampered by capacity constraints and a weaker yen that is likely to give Japanese rivals an edge in key markets. Hyundai and Kia, together the world's fifth largest automaker by...

  • Korea's graduates linger on campus amid scarce jobs Thursday, 1 Jan 2015 | 9:12 PM ET
    South Korean students take their College Scholastic Ability Test at a school in Seoul, South Korea.

    With South Korea's youth unemployment at a 14-year high and hiring sluggish, thousands of students due to graduate are likely to instead stay on campus.

  • Capacity constraints and a weak market recovery set up Hyundai Motor and affiliate Kia Motors for their slowest sales expansion in 12 years.

  • SEOUL, Jan 2- Hyundai Motor Co and affiliate Kia Motors Corp aim to lift global vehicle sales by 2.5 percent in 2015, as capacity constraints and a weak market recovery set up the South Korean pair for their slowest expansion in 12 years. Hyundai-Kia, together the global No.5 automaker, have seen their sales growth slow since their record expansion in 2010 as...

  • SEOUL, Dec 31- South Korea's two top technology firms, Samsung Electronics and LG Electronics, have a history of bitter rivalry, but their latest spat over a handful of washing machines has prompted a barrage of public mockery. "This is all so petty and juvenile," a reader on online portal Naver said of the dispute, which began in September when Samsung accused LG...

  • Ex-Korean Air executive detained for 'nut rage' Tuesday, 30 Dec 2014 | 9:47 PM ET
    Cho Hyun-Ah (center), the daughter of Korean Air's chief executive, is surrounded by media upon her arrival for questioning at the prosecutors' office in Seoul on December 17, 2014.

    A South Korean court ordered that a former Korean Air Lines executive be detained for delaying a flight following an outburst over nuts.

  • Keep faith in Korean shares? Maybe not, say experts Tuesday, 30 Dec 2014 | 5:59 PM ET
    A foreign currency dealer stands in front of monitors at the Korea Exchange Bank headquarters in Seoul, South Korea.

    South Korean shares started 2014 as analysts' darling, but after losing nearly 5 percent year-to-date, they are fast falling out of favor.

  • 2014: The year China crashed Hollywood's party Tuesday, 30 Dec 2014 | 1:15 PM ET

    This year China took a big bite out of Hollywood. Here's what to expect in 2015, from upstart studios to new global pacts.

  • Prosecutors raid LG headquarters over washer row Saturday, 27 Dec 2014 | 1:51 AM ET

    Prosecutors raided LG Electronics' headquarters amid a probe of whether LG damaged rival Samsung Electronics' washing machines at German retail stores, LG said.

  • The film was available for rental on Google Inc's YouTube site as of early Wednesday afternoon. Microsoft Corp and Sony itself are also showing the comedy, a day before the hastily scheduled premiere at some 320 independent theaters. He added that Sony had first reached out to Google, Microsoft "and other partners" on Dec. 17, the day the studio said it had no future...

  • Microsoft Corp and Sony itself are also showing the comedy, a day before its scheduled premiere at some 320 independent theaters. He added that Sony had first reached out to Google, Microsoft "and other partners" on Dec. 17, the day the studio said it was canceling the movie's Christmas Day release. The showing is a chance for Google and Microsoft, which have been bit...

  • ( (Adds comment from Google and White House). Microsoft Corp and Sony itself are also showing the comedy, the studio said, a day after agreeing to release it at some 200 independent theaters. The showing is a chance for Google and Microsoft, which have been bit players in a VOD market dominated by Apple Inc, Amazon.com Inc and cable and satellite operators, to raise their...

  • South Korea indicts Uber CEO  Wednesday, 24 Dec 2014 | 11:58 AM ET

    South Korean prosecutors have indicted Uber CEO Travis Kalanick for violating transport laws, reports CNBC's Kayla Tausche.

  • *Follows investigations announced Monday in Taiwan, China. SEOUL, Dec 24- South Korea has indicted the chief executive officer and local subsidiary of Uber Technologies Inc for violating a law governing public transport, becoming the latest jurisdiction to challenge the U.S. taxi service provider. The Seoul Central District Prosecutors' Office issued the...

  • SEOUL, Dec 24- South Korean prosecutors have indicted the local subsidiary of U.S. taxi-hailing service provider Uber Technologies Inc for violating a law governing public transport, Yonhap News Agency reported on Wednesday. The Seoul Central District Prosecutors' Office issued an indictment- which also named Chief Executive Officer Travis Kalanick- for...

  • SEOUL, Dec 24- South Korea expects power supplies in the peak winter season to remain stable even if some of its 23 nuclear reactors are shut following threats by a hacker, the energy ministry and Korea Power Exchange officials said on Wednesday. Korea Hydro& Nuclear Power, which operates 23 nuclear reactors to supply a third of the country's power, said on Monday...

  • The White House praised Sony's about-face, which the studio said would result in "a limited theatrical release" of the film, which stars Seth Rogen and James Franco and is about a fictional plot to assassinate North Korea leader Kim Jong Un. "The decision made by Sony and participating theaters allows people to make their own choices about the film, and we welcome...

  • Cramer: As ISIS grows, so do defense stocks Tuesday, 23 Dec 2014 | 6:56 PM ET
    A KC-135 Stratotanker from Fairchild Air Force Base, Wash., refuels a B-1B Lancer during a training exercise Sept. 23, 2014, over South Dakota.

    As the U.S. reduces its military budget, Jim Cramer sees allied countries are arming themselves. This is good news for one group of stocks.

  • Shortly thereafter, the White House praised Sony's about-face, which the studio said would result in "a limited theatrical release" on Christmas Day of the film, which stars Seth Rogen and James Franco and is about a fictional plot to assassinate North Korea leader Kim Jong Un. "The decision made by Sony and participating theaters allows people to make their own...