Korea
featured
Rhetoric is heating up: North Korea's army warned that it has been cleared to wage an attack on the US, while the US said it will deploy a missile defense system to Guam.
» Read More
More
-
SEOUL/ NEW DELHI, April 5- Asian policymakers braced for a flood of capital unleashed by the Bank of Japan's huge monetary stimulus, but some conceded on Friday the impact on global money flows and currencies might prove to be a necessary side-effect to get the region's No.2 economy growing.
-
*Reports say missiles hidden on North Korea's east coast. SEOUL, April 5- North Korea has placed two of its intermediate range missiles on mobile launchers and hidden them on the east coast of the country in a move that could threaten Japan or U.S.
-
*Korea tensions, Iran talks eyed. LONDON, April 5- Brent crude oil steadied close to five-month lows around $106 per barrel on Friday as bleak U.S. data and bulging inventories dimmed the outlook for demand.
-
*Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent steadied above $106 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week since December as bleak U.S. data and bulging inventories dimmed the outlook for demand.
-
*Plunge in Korea, China pulls MSCI Asia ex- Japan down 1.1 pct. TOKYO, April 5- Asian shares hit a three-month low on Friday as concerns over bird flu in China and escalating tensions in the Korean peninsula unsettled investors as they counted down to potentially pivotal U.S. payrolls data out later in the session.
-
*Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent crude edged up toward $107 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week in a month as bleak U.S. data and bulging inventories dimmed the outlook for demand. Brent crude rose 13 cents to $106.47 a barrel by 0436 GMT, off an earlier high of $106.65.
-
*F5 Networks plunges after weak outlook, weighs on peers. NEW YORK, April 5- U.S. stocks fell on Friday, setting the S&P 500 for its worst weekly performance of the year, in the wake of a payrolls report that was much weaker than expected, the latest in a series of data to indicate economic growth may be losing momentum.
-
*North Korea has warned of war with South "at any moment". SEOUL, April 5- South Korea's top finance officials warned on Friday that tensions with North Korea could have a prolonged impact on markets and vowed to ensure stability, as the standoff threatened to put an additional drag on Asia's fourth-largest economy.
-
*Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent crude edged up toward $107 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week in a month as bleak U.S. data and bulging inventories dimmed the outlook for demand. Brent rose 14 cents to $106.48 a barrel by 0236 GMT, off an earlier high of $106.65.
-
HONG KONG, April 5- Hong Kong shares could start higher on Friday as markets reopen following a public holiday, bolstered by the Bank of Japan's unprecedented monetary expansion.
-
SEOUL, April 5- A senior South Korean official warned on Friday that the impact on markets from tension with North Korea could be prolonged and vowed to take swift and strong action to stabilise them if needed.
-
SEOUL, April 5- Samsung Electronics Co Ltd estimated its January-March operating profit rose 53 percent to 8.7 trillion won as sales of mid-tier smartphones helped the South Korean giant tide over the off-peak season. Following are reactions from analysts and fund managers:. SONG MYUNG-SUB, ANALYST AT HI INVESTMENT& SECURITIES.
-
The Galaxy S and Note series have fuelled Samsung's record-breaking earnings growth and made it the No.2 player in the global premium smartphone segment after Apple Inc. But as the high-end market swarms with new offerings, Samsung is turning to less affluent customers in emerging markets, offering cheaper models such as the Rex and Galaxy Pop, analysts said.
-
SEOUL, April 5- Samsung Electronics Co Ltd estimated its January-March operating profit rose 53 percent to 8.7 trillion won as sales of mid-tier smartphones helped the South Korean giant tide over the off-peak season.
-
SEOUL, April 5- A senior South Korean official warned on Friday that the impact on markets from tension with North Korea could be prolonged and vowed to take swift and strong action to stabilise them if needed.
-
ARLINGTON, Va.-- Language software company Rosetta Stone Inc. said Thursday that it will close its last 56 U.S. kiosk locations as it shifts to a fully online business model. It will cut around 245 jobs as part of the move. On Tuesday it bought online language-learning company Livemocha for $8.5 million.
-
SEOUL/ WASHINGTON- The United States said it would soon send a missile defence system to Guam to defend it from North Korea, as the U.S. military adjusts to what Defense Secretary Chuck Hagel called a "real and clear danger" from Pyongyang.
-
PARIS, April 4- Shipments of liquefied natural gas to Japan soared last year as the country burned more gas to compensate for the closure of its nuclear plants, the LNG importers' association said.
-
WASHINGTON, April 4- The president of the U.S. Export-Import Bank on Thursday defended his agency in face of attacks by conservative Republicans who want to close it and a new complaint by Delta Air Lines Inc that the bank's support for Boeing gives foreign airlines an unfair advantage.
-
LONDON, April 4- Gold was down slightly on Thursday after rallying from a 10- month low earlier in the day to above $1,550 an ounce when the European Central Bank commented on the weak economy and said it stood ready to cut rates, hitting the euro. "Gold is desperately trying to bounce, but it's failing quite miserably.