GO
Loading...

Enter multiple symbols separated by commas

Korea

More

  • 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...

  • PYONGYANG, North Korea— Online shopping has arrived in North Korea, though it's as isolated from the rest of the world as the country itself, and the vast majority of North Koreans lack the technology to use it. To keep it all hermetically sealed, the site works not on the World Wide Web but on North Korea's own intranet, a self-contained version of the Internet set up...

  • Weak US jobs data keeps stock markets in check Wednesday, 6 May 2015 | 3:26 AM ET

    SEOUL, South Korea— Asian stock markets were in the red on Wednesday, dented by weak earnings in Australia and doubts about Greece's ability to repay debts due to the IMF this month. Hong Kong's Hang Seng index dropped 0.3 percent to 27,653.06 and China's Shanghai Composite Index lost 1.6 percent to 4,231.33. GREECE: A standoff in talks between Greece and its...

  • 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.

  • 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...

  • LONDON— Global stocks rose sharply Monday at the start of a potentially big week for markets as they tracked an end-of-week rebound on Wall Street. Monday's gains in Europe followed Friday's strong performance on Wall Street when the Dow rose 1 percent at the S&P gained 1.1 percent. GREECE PROGRESS: Officials said Greece made progress with its creditors over...

  • 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...

  • LG Electronics says 1Q profit sinks nearly 60 percent Wednesday, 29 Apr 2015 | 1:48 AM ET

    SEOUL, South Korea— LG Electronics Inc. said Wednesday its quarterly profit plunged 59 percent as losses from TVs offset a modest improvement in its smartphone business. The Korean company said its January-March net profit fell to 38.4 billion won from 92.6 billion won a year earlier. Sales were flat at 14 trillion won while operating profit slumped 37 percent...

  • Samsung's profit hit by bigger iPhones, sinks 39 percent Wednesday, 29 Apr 2015 | 1:05 AM ET

    SEOUL, South Korea— Samsung Electronics Co. said its first quarter net profit plunged 39 percent as consumers switched to bigger iPhones, squeezing earnings from its mobile business to less than half what they were a year earlier. The company reported Wednesday that its January-March net profit was 4.63 trillion won, compared with 7.49 trillion won a year...

  • 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...

  • SEOUL, South Korea— Samsung Electronics Co. said its first quarter net profit plunged 39 percent as consumers switched to bigger iPhones, squeezing earnings from its mobile business to less than half from a year earlier. The company reported Wednesday that its January-March net profit was 4.63 trillion won, compared with 7.49 trillion won a year earlier.

  • 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.

  • SEOUL, South Korea— After the earthquake hit Nepal, Prem Raja Mahat spent a sleepless night at his Baltimore home, trying again and again to reach his son, who was visiting friends and family back in Mahat's home country. "My wife was crying, crying so much,' My son is not here, keep calling, keep calling.' All night I called, but I could not get through," he said.

  • Asian markets rise after Wall Street gains Sunday, 26 Apr 2015 | 11:42 PM ET

    BEIJING— Asian stock markets rose Monday after Wall Street gained on strong earnings and investors looked ahead to Apple results and this week's U.S. Sydney's S&P ASX 200 added 0.7 percent to 5,973.30 and Seoul advanced 0.2 percent to 2,163.17. Taiwan, Singapore and Manila also rose.

  • Thousands march in South Korea anti-government protest Saturday, 25 Apr 2015 | 1:35 AM ET

    SEOUL, South Korea— Thousands of South Koreans marched in Seoul for the second straight day Saturday to protest government labor policies and the handling of a ferry disaster that killed more than 300 people a year ago. Saturday's rally ended peacefully without any reported injuries, said an official from the National Police Agency, who didn't want to be named,...

  • 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.

  • PITTSBURGH— A man scammed a South Korean steel company out of $375,000 by claiming he worked with a Japanese talent agency that could help the company book a concert by musician Pharrell Williams, FBI agents in Pennsylvania said. At least one woman lost $185,000 from December 2013 to August 2014 in the scam, the FBI said. The 28- year-old Segbefia used a company he...

  • SEOUL, South Korea— Thousands of anti-government protesters marched in cities across South Korea on Friday, denouncing the labor policies of the increasingly unpopular President Park Geun-hye. They come about a week after police clashed violently in the capital Seoul with demonstrators critical of the government's handling of a ferry disaster that...

  • 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.