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  • Don't blame Kospi selloff on MERS: JPMorgan Thursday, 11 Jun 2015 | 8:33 PM ET
    Don't blame Kospi selloff on MERS: JPMorgan

    Adrian Mowat, managing director and chief Asian and emerging market equity strategist at J.P.Morgan, says the fall in South Korea's stock market is in line with weakness in other emerging markets.

  • Are travelers being too cautious about MERS? Thursday, 11 Jun 2015 | 7:44 PM ET
    Are travelers being too cautious about MERS?

    Andrew Jones, vice chairman of Pacific Asia Travel Association, says a "wait and see" attitude among travelers is behind the cancellations and reduction in holiday bookings to South Korea.

  • TOKYO, June 11- Asian stocks rose on Thursday, encouraged by gains on Wall Street, while the New Zealand dollar tumbled to a five-year low after the central bank cut interest rates for the first time in four years. Spreadbetters expected a flat to slightly lower open for Britain's FTSE, Germany's DAX and France's CAC. MSCI's broadest index of Asia-Pacific shares...

  • How worried is South Korea about MERS? Thursday, 11 Jun 2015 | 12:02 AM ET
    How worried is South Korea about MERS?

    Tony Michell, managing director at Korea Associates Business Consultancy, says South Koreans are avoiding visits to department stores and the country is seeing a drop in tourist arrivals.

  • South Korea's central bank cuts rates to record low Wednesday, 10 Jun 2015 | 11:21 PM ET
    South Korea's central bank cuts rates to record low

    The Bank of Korea unveiled a surprise rate cut on Thursday, lowering its benchmark interest rates by 25 basis points to an all-time record low of 1.50 percent.

  • South Korea needs more than just rate cuts: UBS Wednesday, 10 Jun 2015 | 11:14 PM ET
    South Korea needs more than just rate cuts: UBS

    While the Bank of Korea's latest rate cut may boost consumption, it is unlikely to help in the long run as structural weaknesses remain, says Kelvin Tay, MD & Regional CIO, Southern APAC at UBS Wealth Management.

  • These factors prompted BOK's rate cut Wednesday, 10 Jun 2015 | 9:46 PM ET
    These factors prompted BOK's rate cut

    Apart from the MERS outbreak, the ongoing currency war is another pressure that the Bank of Korea has to contend with, says Michael Na, Korea strategist at Nomura.

  • SEOUL, June 11- South Korea's central bank cut its policy rate by 25 basis points to a record-low 1.50 percent on Thursday, as policymakers sought to shield a tottering economy from an outbreak of a deadly respiratory disease. A Bank of Korea media official announced the monetary policy committee's decision to lower the base rate, without elaborating.

  • Link: HK must take precaution against MERS Wednesday, 10 Jun 2015 | 9:18 PM ET
    Link: HK must take precaution against MERS

    Armed with the experience of dealing with 2003's SARS outbreak, people in Hong Kong have started taking the "highest precaution" against MERS, says George Hongchoy, CEO of The Link Management.

  • 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...