GO
Loading...

South Korea

More

  • Did China just grant one-of-a-kind trade status? Wednesday, 19 Nov 2014 | 3:12 PM ET
    China's President Xi Jinping (R) shakes hands with South Korea's President Park Geun-hye during a meeting in Beijing, November 10, 2014.

    A new free trade agreement may give companies from South Korea a serious leg up—in China.

  • SEOUL, Nov 19- Global coffee demand is likely to climb 2.5 percent a year until the end of the decade, driven by strong growth in appetite in markets such as China and Russia, the head of a global industry body said on Wednesday. The International Coffee Organization's executive director told Reuters in an interview that demand would hit 175 million 60- kg bags in...

  • Hurt by low-cost rivals, Samsung rethinks strategy Tuesday, 18 Nov 2014 | 10:27 AM ET
    A woman uses a Samsung Electronics Co. Galaxy S4 smartphone in Seoul, South Korea.

    Samsung will cut the number of its smartphone models next year in an effort to pare back costs, amid increasing competition. FT reports.

  • G20's new growth plans suspiciously long in the tooth Tuesday, 18 Nov 2014 | 12:21 AM ET

    SYDNEY, Nov 18- As leaders of the world's 20 most powerful nations congratulate themselves on plans to boost economic growth, a closer look at their 800- plus policy proposals reveals a catalogue of measures that are either old, vague or unlikely to be implemented. Australia, the hosts of the Group of 20 meeting, claimed credit for a year-long effort to get members...

  • The kids bringing down North Korea's regime Saturday, 15 Nov 2014 | 3:40 PM ET
    Passengers board the train at an underground railway station located in Pyongyang, North Korea.

    Young North Koreans are coming of age amid a proliferation of black markets. This market generation just might solve the North Korea problem.

  • *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...