North Korea fired its fifth short-range missile in three days. South Korea's Defense Ministry said a missile had been fired on Monday morning.» Read More
SINGAPORE, Jan 2- Singapore's economy grew more vigorously than foreseen in the last three months of 2012, avoiding an expected recession, as gross domestic product data for previous quarters was revised downwards.
SEOUL, Jan 2- South Korea's biggest automakers Hyundai Motor Co and affiliate Kia Motors Corp are targeting a 4 percent increase in global sales this year to a combined 7.41 million vehicles, their slowest growth since 2003..
South Korea's Hyundai Motor and affiliate Kia Motors are targeting a 4 percent increase in global sales this year to a combined 7.41 million vehicles, their slowest growth since 2003.
*Hyundai's new plants in China, Brazil to drive growth this year. SEOUL, Jan 2- South Korea's Hyundai Motor Co and affiliate Kia Motors Corp are targeting a 4 percent increase in global sales this year to a combined 7.41 million vehicles, their slowest growth since 2003..
WASHINGTON- The "fiscal cliff" resolution remains a job half done as a bill passed by the Senate with tax increases on the wealthy and postponed spending cuts moves to the U.S. House of Representatives, where both its timing and fate are uncertain ( USA- FISCAL/, moving shortly, by Thomas Ferraro, 450 words).
WASHINGTON, Jan 1- U.S. sales of warplanes, anti-missile systems and other costly weapons to China's and North Korea's neighbors appear set for significant growth amid regional security jitters.
SEOUL, Jan 1- Exports by industrial powerhouse South Korea unexpectedly fell in December, hit by fewer working days and as global demand has yet to fully recover from a year-long slump.
SEOUL, Jan 1- Following are South Korea's preliminary export and import figures for December, released by the Ministry of Knowledge Economy on Tuesday:. DEC* NOV Balance 2.0 4.4 Exports 45.1 47.8 -5.5 +3.8 Imports 43.1 43.4 -5.3 +0.9* Revised figures released on Dec. 16.
SEOUL, Jan 1- South Korea's parliament approved a 342 trillion won government spending plan for 2013 in the early hours of Tuesday, after disagreement between the two major parties pushed talks past a notional midnight deadline.
SEOUL, Jan 1- The South Korean government entered 2013 without a new budget as lawmakers delayed a vote on what they previously had agreed would be a 342 trillion won spending plan due to a dispute over parts of the bill.
Gold was up $10.50 or 0.63 percent at $1,665.4 per ounce at 1052 GMT, having earlier risen almost 1 percent to a session high of $1,668.70. After adjourning for the day, the Senate will reconvene at 1600 GMT on Monday.
LONDON, Dec 31- Gold rose almost 1 percent to $1,668 an ounce on Monday and was on track for a 12th straight annual gain, underpinned by uncertainty over whether U.S. politicians will resolve a U.S. fiscal crisis. After adjourning for the day, the Senate will reconvene at 1600 GMT on Monday.
Hong Kong shares ended their best year since 2009 hovering near 18- month closing highs on Monday. Monday's strong closes came during New Year market holidays in Japan, South Korea, Taiwan, Indonesia, Thailand, the Philippines and Vietnam, with half-day trading in Australia, New Zealand, Hong Kong and Singapore.
SINGAPORE, Dec 31- Gold ticked up to around $1,660 an ounce on Monday after the euro firmed against the dollar, but wary investors stayed on the sidelines as last-ditch attempts by U.S. lawmakers to resolve a fiscal crisis seemed to be getting nowhere. After adjourning for the day, the Senate will reconvene at 1600 GMT on Monday. "
SYDNEY, Dec 31- Financial markets across Asia and Western Europe were either closed or closing early on Monday, abandoning the field as the U.S. Congress and the White House battled it out for a solution to the impending "fiscal cliff".
HONG KONG, Dec 31- Hong Kong shares could end 2012 off 18- month closing highs on Monday as the United States dittered on a deal that will avert a fiscal crisis, with turnover likely weak in a half day session before shutting for the New Year's Day holiday.
GENEVA, Dec 28- South Korea nominated Taeho Bark, its trade minister, to lead the World Trade Organization on Friday, making him the eighth candidate to be put forward for the top job. Bark's candidacy was submitted three days before nominations close and as Pascal Lamy, the global trade body's current director general, prepares to step down on Aug. 31, 2013.
HONG KONG, Dec 28- Hong Kong shares could start higher on Friday, tracking an Asian climb on expectation of greater Japanese monetary easing, but gains on the Hang Seng Index are likely to be capped by chart resistance and come in holiday-thinned turnover. Elsewhere in Asia, Japan's Nikkei was up 0.7 percent, while South Korea's KOSPI was up 0.2 percent at 0053 GMT.
SEOUL, Dec 28- U.S. crude futures edged up to above $91.40 a barrel on Friday ahead of budget talks on Sunday to prevent the United States from plunging off a "fiscal cliff" which could push the top oil-consuming economy into recession. February crude had gained 56 cents to $91.43 a barrel by 0036 GMT, after settling down 11 cents at $90.87 a barrel.
*Bank of America, Citigroup also sued. NEW YORK, Dec 27- Royal Bank of Scotland Group Plc on Thursday won the dismissal of a lawsuit by South Korea's Woori Bank over losses from mortgage-related investments, in a case between two big banks put under state control following financial crises.