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  • *Samsung Electronics to build chip plant in Pyeongtaek. SEOUL, Oct 6- South Korean IT giant Samsung Electronics plans to spend $14.7 billion on a new chip facility- its biggest investment in a single plant- leaning on its semiconductor business to bolster profits as its smartphone dominance wanes. But with the higher demand for mobile devices come increased...

  • NEW YORK, Oct 6- Micron Technologies was leading a slide in the PHLX semiconductor index on Monday after Samsung unveiled plans to spend $14.7 billion on a new chip facility. Chipmaker Toshiba Corp fell 2.6 percent overnight in Tokyo and SK Hynix Inc lost 5.1 percent in Seoul. Index snapshot at 12:03 EDT:.

  • *Israel was hoping to sell successful rocket system abroad. CARMIEL, Israel, Oct 6- Normally, an advanced new weapon system with a battle-proven success rate of 90 percent would have global defence procurement agencies on the phone in minutes. And Israel further curbs its potential client pool by not selling to countries with which it has no diplomatic ties-...

  • Oct 3- Pro-democracy protests in Hong Kong have disrupted business and hit share prices of luxury goods companies, ruining what is normally one of the busiest shopping weeks of the year. The protests in Hong Kong, the biggest challenge to Beijing's leaders since the former British colony reverted to Chinese rule in 1997, coincide with China's "Golden Week"...

  • The protests in Hong Kong, the biggest challenge to Beijing's leaders since the former British colony reverted to Chinese rule in 1997, coincide with China's "Golden Week" holiday which runs until Oct. 7th. "As the Golden Week may be responsible for half the month's total, and market anecdotes suggest that sales of the shops have declined by about 70 percent, the...

  • Oct 3- As pro-democracy protesters defy China's Communist Party leaders on the streets of Hong Kong, spare a thought for the luxury retailer. Already hit by Beijing's tenacious anti-corruption campaign that has prompted a sharp pullback in conspicuous consumption among wealthy Chinese, high-end goods makers that increasingly rely on the mainland shopper...

  • Reuters Business News Schedule at 0430 GMT/12.30AM ET Wednesday, 1 Oct 2014 | 12:30 AM ET

    Japan firms fail to shake off tax-hike gloom, blunting economic rebound. TOKYO- Big Japanese manufacturers were slightly more optimistic in the third quarter but service-sector sentiment worsened, a central bank survey shows, adding to signs that a solid economic pickup will remain elusive without another burst of stimulus.

  • *1st export of Alaskan crude to South Korea in more than a decade. NEW YORK/ SEOUL, Sept 30- The first U.S. export of Alaskan crude to South Korea in more than a decade set sail at the weekend, according to a company source and shipping data, marking another milestone as booming shale oil output forces domestic drillers to seek new customers.

  • *1st export of Alaskan crude to South Korea in more than a decade. NEW YORK/ SEOUL, Sept 30- The first U.S. export of Alaskan crude to South Korea in more than a decade set sail at the weekend, according to a company source and shipping data, marking another milestone as booming shale oil output forces domestic drillers to seek new customers.

  • *HSBC manufacturing survey disappoints, but exports improve. SYDNEY, Sept 30- Asian markets were in hesitant mood on Tuesday as investors wondered what China's response would be to civil unrest in Hong Kong, while the U.S. dollar was on track to post its biggest monthly gain in well over a year.

  • SYDNEY, Sept 30- Asian markets were in hesitant mood on Tuesday as investors wondered what China's response would be to civil unrest in Hong Kong, while the U.S. dollar was on track to post its biggest monthly gain in well over a year.

  • *Also tapping oil suppliers in Africa, Europe and Russia. SEOUL, Sept 29- South Korean refiners faced with weak margins want to cut costs by diversifying away from their traditional crude suppliers in the Middle East, and U.S. condensate could be an attractive option now that a long-standing U.S. export ban has been eased.

  • TOKYO, Sept 29- The dollar hit a four-year peak against a basket of currencies in early Asian trade on Monday, bolstering Japanese shares, but other Asian shares shrugged off Friday's Wall Street rebound in the face of political unrest in Hong Kong. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent, hitting a 20- week low.

  • *Hyundai Motor to pay 55 pct of land price. SEOUL, Sept 26- Hyundai Motor Co and its two affiliates approved Asia's biggest property deal since the financial crisis on Friday when their board members agreed to pay 10.55 trillion won for a trophy plot of land to house a new headquarters in downtown Seoul.

  • SEOUL, Sept 26- Hyundai Motor's labour union in South Korea decided to extend a partial strike over wages to next week, a union spokesman said on Friday, angered by the $10 billion bid to buy a plot of land in Seoul. The union will stage a partial strike from Monday through Thursday, he said.

  • SEOUL, Sept 26- The boards of Hyundai Motor Co and two affiliates on Friday approved a 10.55 trillion won purchase of a plot of land in Seoul, the companies said, sealing a deal worth more than triple the property's appraised amount.

  • SEOUL, Sept 26- The boards of Hyundai Motor Co and two affiliates on Friday approved the signing of their 10.55 trillion won deal to buy a plot of land in Seoul valued at about a third of that amount, the companies said.

  • *Shanghai, Hong Kong, Seoul shares expected to rise. BANGALORE, Sept 25- Stock markets in China and other parts of East Asia are set to rally over the next year as prices remain relatively cheap compared with U.S. and European shares, though the pace of rising U.S. interest rates may cap gains, Reuters polls showed.

  • SEOUL, Sept 24- South Korea will sign a deal this month to buy 40 Lockheed Martin Corp F-35 fighter jets for about 7.34 trillion won for delivery in 2018-2021, two people with knowledge of the transaction told Reuters on Wednesday.

  • *Nanoco shares rise more than 27 pct. Sept 24- Nanoco Group Plc said commercial production of quantum dots, used to make vibrant screen displays, is expected to begin in the first half of next year at a plant in South Korea being built by its partner, Dow Chemical Co..