South Korea


  • Samsung battles on two fronts as Apple readies iPhone 6 Wednesday, 16 Jul 2014 | 4:23 AM ET

    SEOUL, July 16- Samsung Electronics Co Ltd is losing smartphone ground not only to cheaper Chinese rivals but also at the high end to Apple Inc, a survey showed, in an ominous sign for the South Korean giant as Apple readies to launch its next-generation iPhone 6..

  • S.Korea delays lifting ban on beef with feed additive Tuesday, 15 Jul 2014 | 11:04 PM ET

    SEOUL, July 16- South Korea has delayed a move to allow certain levels of the animal feed additive zilpaterol in beef to August from mid-July as it finalizes the policy, a food ministry official said on Wednesday.

  • LONDON, July 14- Stock markets in Europe and Asia rose on Monday as investors put aside concern about euro zone banks and looked forward to corporate earnings and a raft of global economic events, including testimony from the head of the U.S.

  • *U.S. activist group says China supplier uses child labour. SEOUL, July 14- Samsung Electronics Co Ltd said it halted business with a supplier in China over suspected use of child workers, the first time it has taken such a step, after criticism that its monitoring of labour practices at suppliers was inadequate.

  • *Stocks inch ahead in Asia as EU banking worries fade. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent, with Seoul putting on 0.4 percent.

  • *Bank of Korea cuts GDP, CPI forecasts; recovery seen on track. As expected, the Bank of Korea left its policy interest rate unchanged at 2.50 percent for the 14th straight month and trimmed its economic forecasts to reflect recent softness, but its governor maintained the view that Asia's fourth-largest economy was still on a recovery track.

  • S.Korea restarts nuclear reactor shut in June Wednesday, 9 Jul 2014 | 9:33 PM ET

    SEOUL, July 10- A South Korean nuclear reactor has restarted after a month-long closure due to a control rod problem, a spokesman at state-run atomic operator Korea Hydro and Nuclear Power Co Ltd said on Thursday.

  • China's yuan global ambition faces payments hurdle Tuesday, 8 Jul 2014 | 5:00 PM ET

    BEIJING/ HONG KONG, July 9- China's quest to turn its yuan into a full-fledged global currency has hit a road-block as the planned roll-out of a worldwide payments superhighway looks certain to get delayed because of policy snags and technology challenges.

  • FACTBOX-Development of China's yuan payment systems Tuesday, 8 Jul 2014 | 5:00 PM ET

    Below are key facts and a timeline concerning development of China's yuan payments system. NOVEMBER 2005- China's central bank announces the expansion of the yuan banking business in Hong Kong.

  • BEIJING, July 8- The United States will press China to resume cooperation on fighting cyber espionage to ensure an orderly cyber environment, a senior U.S. official said on Tuesday ahead of annual talks between the world's two largest economies this week.

  • Expect better US data for Q2: Pro     Sunday, 6 Jul 2014 | 7:19 PM ET

    Stephen Sheung, Head of Investment Strategy at SHK Private, expects the U.S. to see a significant re-balancing in the second quarter, which will benefit Asian countries like South Korea.

  • SEOUL, July 4- China and South Korea's vow to wrap up talks on a trade deal by year-end may prove optimistic, as differences over opening markets for petrochemicals, steel and agriculture could delay a deal, a senior South Korean trade ministry source said on Friday. China is the world's largest exporter and South Korea the seventh.

  • *Hong Kong retailers suffer after data disappoints. HONG KONG, July 4- China shares slipped from two-week highs early Friday as investors took profit on recent outperformers, though a stronger property sector helped limited losses.

  • Sean King, Vice President at Park Strategies, says Chinese President Xi Jinping's visit to South Korea isn't about North Korea but rather, it is an "anti-Japan and U.S. play."

  • Korea will do better than Japan in 2014: OECD     Thursday, 3 Jul 2014 | 8:06 PM ET

    South Korea will benefit from a pickup in world trade while Japan remains a "question mark" with a weak yen failing to bolster exports, says Randall Jones, Head of Japan & Korea Desk at OECD.

  • BEIJING, July 3- Access to online services such as messaging app Line and photo-sharing site Flickr was disrupted in China this week, a step that anti-censorship groups said was carried out by the government to block information about pro-democracy protests in Hong Kong.

  • BEIJING, July 3- Access to online services such as messaging app Line and photo-sharing site Flickr was disrupted in China this week, a step anti-censorship groups said was carried out by the government to block information about pro-democracy protests in Hong Kong.

  • One week after U.S. authorities confirmed a ruling easing a 40- year ban on shipping lightly processed oil abroad, Enterprise Product Partners has sold its first cargo to a Japanese trading house and was seeking more buyers in Latin America, according to trading sources.

  • Why you should buy China and South Korea stocks     Wednesday, 2 Jul 2014 | 6:46 PM ET

    Low valuations and potential for earnings growth make Chinese and South Korean markets very attractive, says David Ruff, Portfolio Manager at Forward Management.

  • North Korea to be on Xi's agenda in Seoul: Pro     Wednesday, 2 Jul 2014 | 6:36 PM ET

    Victor Cha, Senior Adviser & Korea Chair at Center for Strategic & International Studies, outlines the issues that will likely be discussed during Chinese President Xi Jinping's visit to South Korea.