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  • *Samsung Group heirs' holdings worth 5.6 trln won. SEOUL, Nov 14- Shares in Samsung SDS Co Ltd, the IT services arm of the Samsung Group, doubled on debut on Friday, unlocking $5 billion for the conglomerate's three heirs as they plan a generational succession at South Korea's dominant conglomerate. SDS is 19.05 percent owned by the three children of Samsung...

  • Samsung SDS makes trading debut in Seoul  Thursday, 13 Nov 2014 | 7:25 PM ET

    Samsung SDS, the technology services unit of South Korea¿s largest conglomerate, surged on its trading debut on the Kospi index. CNBC's June Yoon reports.

  • South Korea falls silent for entrance exam  Wednesday, 12 Nov 2014 | 7:54 PM ET

    South Korea went into 'hush' mode on Thursday as students sat for the annual college admission exam. CNBC's June Yoon explains.

  • Why family firms matter to emerging economies Wednesday, 12 Nov 2014 | 8:11 AM ET

    Family-run firms constitute up to 90 percent of the world’s economy and it’s in developing and emerging countries where they are most important.

  • *Nvidia sued Samsung, Qualcomm for patent infringement in Sept. SAN FRANCISCO, Nov 11- Samsung Electronics Co Ltd has accused Nvidia Corp of infringing several of its chip-related patents and for making false claims about its products, counter-suing after Nvidia filed a suit against the Korean company in September. Samsung's lawsuit came after Nvidia accused...

  • China, South Korea agree to free trade deal  Monday, 10 Nov 2014 | 7:54 PM ET

    China and South Korea have reached an agreement on a free trade deal but the new pact has ignited strong reactions within South Korea. CNBC's June Yoon explains.

  • BEIJING/ SEOUL, Nov 10- Chinese and South Korean leaders on Monday signed a "substantial conclusion" of a free trade agreement that will sharply reduce barriers to commerce between the two trading giants, but leaves in place those on rice and automobiles. South Korea says the deal, which the neighbours negotiated for more than two years, will help its small and...

  • The agreement comes as South Korea has yet to decide whether to join the United States-initiated Trans-Pacific Partnership pact, aimed at slashing trade barriers between a dozen countries. China is the world's largest exporter and South Korea ranks seventh. South Korea already has free trade agreements with the United States and the European Union.

  • China-South Korea FTA is a good deal: Expert  Sunday, 9 Nov 2014 | 9:24 PM ET

    Tony Nash, Vice President at Delta Economics, discusses news that China and South Korea have reached a free trade agreement early Monday morning and explains what that means for the TPP.

  • BUSINESS-NEWS-SCHEDULE AT 2130 GMT / 4:30 PM ET Sunday, 9 Nov 2014 | 4:51 PM ET

    BEIJING- The risks faced by China's economy are not that scary and the government is confident it can head off the dangers, President Xi Jinping tells global business leaders in an effort to dispel worries about the world's second-largest economy. As Obama visits Asia, old alliances face new strains in face of China's influence. WASHINGTON/ JAKARTA- As President...

  • The current weakening of the yen follows a decision last month by the Bank of Japan to dramatically expand its debt-buying stimulus drive, pushing down bond yields and sending the yen to 115.52 against the dollar on Thursday, its weakest in seven years. The Bank of Japan move increased the chances that the Bank of Korea will cut its policy rate to a record low, some...

  • The current weakening of the yen follows a decision last month by the Bank of Japan to dramatically expand its debt-buying stimulus drive, pushing down bond yields and sending the yen to 115.52 against the dollar on Thursday, its weakest in seven years. The Bank of Japan move increased the chances that the Bank of Korea will cut its policy rate to a record low, some...

  • BHP's U.S. oil export plan met by caution in Asia Thursday, 6 Nov 2014 | 3:02 AM ET

    SINGAPORE, Nov 6- Asian buyers of condensate said they would be wary of taking cargoes of the ultra-light oil that BHP Billiton Ltd plans to export from the Gulf of Mexico without explicit approval from the U.S. government. South Korea's GS Caltex and Japan's Cosmo Oil Co were the first Asian refiners to buy U.S. condensate after the United States relaxed a 40- year...

  • HONG KONG, Nov 6- The global journey of the Chinese currency is set to enter a new stage with the first yuan clearing bank in the Americas, to be launched in Canada soon, boding well for the growth of a yuan deposit pool and investor participation there. Canada is expected to finalise the creation of a yuan clearing center, sources familiar with the government's talks...

  • WASHINGTON, Nov 5- The U.S. government on Wednesday said it had canceled, at the request of South Korea, early work by the U.S. unit of Britain's BAE Systems on upgrades for 134 F-16 fighter jets after a spike in the projected $1.7 billion cost of the arms deal. The unusual move, announced by the Pentagon's Defense Security Cooperation Agency, paves the way for South...

  • Is Toyota being too conservative with its guidance?  Wednesday, 5 Nov 2014 | 7:47 PM ET

    Toyota Motor issued a rosier outlook for the year on rising sales and a weaker currency. Yoshiaki Kawano, Manager for Japan and Korea Vehicle Sales Forecasts at IHS Automotive, discusses.

  • WASHINGTON, Nov 5- The U.S. government on Wednesday said it had canceled, at the request of South Korea, a preliminary contract with the U.S. unit of Britain's BAE Systems to upgrade 134 F-16 fighter jets, ending a major arms deal initially valued at $1.7 billion. The unusual move, announced by the Pentagon's Defense Security Cooperation Agency, paves the way for...

  • NEW DELHI/ SEOUL, Nov 6- India is hoping a new China- backed multilateral lender will fund coal-based energy projects, an official said, putting it in direct conflict with the World Bank, whose chief has maintained that it would stick to its restrictions on such lending. A senior Indian official told Reuters the Asian Infrastructure Investment Bank, sponsored by...

  • NEW YORK, Nov 4- Canada's Come by Chance refinery, on the far eastern tip of the country, has swapped out its mainstay Iraqi crude to run almost wholly on U.S. shale oil, industry sources say, the latest sign of how the shale boom is redrawing global oil trade. Some two months after South Korea's national energy firm agreed to sell the refinery to a newly formed New York-...

  • OTTAWA/ TORONTO, Nov 4- Canada expects to finalize the creation of a yuan clearing hub in the country, sources familiar with the government's talks with Chinese officials said on Tuesday, with an announcement expected during Prime Minister Stephen Harper's trip to China later this week. China has in the past two years appointed clearing banks for Taiwan,...