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  • PYEONGTAEK, South Korea, May 7- Samsung Electronics Co Ltd said on Thursday its new $14 billion South Korean chip plant, which is expected to help drive growth as smartphone earnings slow, will start production sometime in the first half of 2017.. The world's No.2 chip maker by revenue did not specify what products will be made at the new production line, which will...

  • South Korea's craze for 'eating broadcasts'   Tuesday, 5 May 2015 | 10:55 PM ET
    South Korea's craze for 'eating broadcasts'

    Alica Forneret, host at The Great Mukbang Experiment, explains the "Mukbang" phenomenon where thousands of South Koreans tune in purely to watch someone eating food.

  • DIARY- Emerging Markets Economic Events to May 18 Tuesday, 5 May 2015 | 8:02 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen and International Monetary Fund Managing Director Christine Lagarde participate in " Finance and Society" conversation before the Institute for New Economic Thinking Conference on Finance and Society hosted by the IMF- 1315 GMT. BUDAPEST- Central bank of Hungary publishes April policy meeting- 1200 GMT.

  • Koreans become stars by live-streaming dinner Tuesday, 5 May 2015 | 3:23 AM ET
    Woman eating at a restaurant in a local fishing village in Sokcho, South Korea.

    What happens when you combine the power of live online broadcasting with extreme-eating contests like those depicted on television show "Man v. Food"?

  • South Korea casinos court China's 'low-rollers' Monday, 4 May 2015 | 8:36 PM ET

    Seoul's foreigners-only casinos are targeting a new breed of 'low-roller' gamblers – Chinese shoppers.

  • SEOUL/ HONG KONG, May 5- The dealing rooms of Seoul's foreigners-only casinos are echoing to the sound of Mandarin as operators target a new breed of' low-roller' gamblers- Chinese shoppers. In places like Paradise Walkerhill in Seoul, Paradise Co Ltd, South Korea's biggest casino firm, is targeting people like Chen Jie Yi, a 27- year-old from Beijing on a recent tour...

  • BAKU, May 3- Central bankers and finance ministers from China, Japan and South Korea said on Sunday they remained committed to policies to support demand in the face of moderate and uneven global growth. The policymakers for the three North Asian economies held a trialateral meeting, chaired by Japan's Deputy Prime Minister and Finance Minister Taro Aso, on the...

  • The 'Megacities' are coming, and they're voracious Thursday, 30 Apr 2015 | 2:09 PM ET
    San Paulo, Brazil.

    The New York metropolitan area gobbles up more energy than any other major city in the world, according to new research.

  • SEOUL, April 29- Samsung Electronics Co Ltd on Wednesday said it expects earnings to rise in the second quarter after posting its highest profit in three quarters in January-March, boosted by strong demand for its new Galaxy S6 flagship smartphones. Samsung's renewed focus on design after a period of stagnation in its smartphone range appears to be paying...

  • SEOUL, April 29- Samsung Electronics Co Ltd on Wednesday tipped further earnings improvement in the second quarter after confirming its highest profit in three quarters in January-March, but voiced some caution about the second-half outlook. The South Korean giant reported a first-quarter operating profit of 6 trillion won, in line with the 5.9 trillion won...

  • Has Samsung's strategy 'reached its limits'? Tuesday, 28 Apr 2015 | 7:39 PM ET

    Samsung's profit slumped 39% in the first quarter, fueling doubts over whether the tech giant will be able to turn around its smartphone business.

  • DIARY- Emerging Markets Economic Events to May 11 Monday, 27 Apr 2015 | 2:32 PM ET

    SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.

  • DIARY- Emerging Markets Economic Events to May 7 Friday, 24 Apr 2015 | 8:02 PM ET

    SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.

  • TAIPEI, April 24- Apple Inc aims to ship at least 20 million Apple Watches this year, well above many analysts' forecasts, according to supply chain sources. Shipment estimates for the smartwatch, Apple's first wearable gadget that went on sale on Friday, vary widely as it's a relatively new type of consumer product and the market is largely untapped.

  • China challenges US dominance in Asia Thursday, 23 Apr 2015 | 9:39 AM ET
    China President Xi Jinping (L) sits with Pakistani Prime Minister Nawaz Sharif during their meeting in Islamabad, on April 20, 2015 Xi Jinping his maiden visit to Pakistan on Monday.

    President of China announced plans for $46 billion of new infrastructure spending in Pakistan, reports The Fiscal Times.

  • SEOUL, April 23- South Korea's Hyundai Motor may boost production of sport utility vehicles in the United States and China after reporting profits fell again, squeezed by the cost of promotions to bolster car sales and unfavourable foreign exchange trends. Hyundai, which together with affiliate Kia Motors ranks fifth in global sales, said net profit eased 1...

  • SEOUL, April 23- South Korea's economic growth picked up in January to March after plunging in last-quarter 2014, but the economy still faces challenges such as a slowing China and poor domestic tax revenue. The Bank of Korea's first official estimates out on Thursday showed gross domestic product grew a seasonally adjusted 0.8 percent quarter on quarter, led...

  • SEOUL, April 23- Samsung Electronics Co Ltd is set to spend at least another 10 trillion won to boost capacity at a new South Korean chip plant, a 64 percent increase over announced investment plans, domestic online news service MoneyToday reported. The plans for the new plant, which will be located in Pyeongtaek south of Seoul, has led to some worries about the...

  • SEOUL, April 23- Samsung Electronics Co Ltd plans to invest at least another 10 trillion won to boost capacity at a new South Korean chip plant, news service MoneyToday reported on Thursday without citing sources. Samsung has already announced a 15.6 trillion won investment to build the plant in Pyeongtaek south of Seoul, its biggest commitment to a single...

  • SEOUL, April 22- South Korea and the United States reached a deal on Wednesday to revise a 40- year-old civil nuclear pact that gives the Asian country limited freedom to produce fuel for power generation but continues to curb its ability to reprocess spent fuel. The deal paves the way for South Korea to enrich uranium to produce non-weapons grade nuclear fuel...