SEOUL, South Korea— LG Electronics Inc. says its quarterly profit more than doubled as its mobile division ended three quarters of losses. The South Korean consumer electronics company said Thursday its net income for the April-June quarter was 411.8 billion won, compared with 155.5 billion won a year earlier.» Read More
STATE-RUN BANKS TO SUPPLY 26 TRLN WON OF LOANS, OTHER SUPPORT TO SPUR INVESTMENT AND AID TROUBLED FIRMS.
S.KOREA UNVEILS STIMULUS STEPS, INCLUDING PLANS TO LIFT PUBLIC SPENDING BY 11.7 TRLN WON.
S.KOREA TO SET NATIONWIDE LOAN-TO-VALUE MORTGAGE LOAN CEILING AT 70 PCT VS 50-85 PCT PRESENTLY.
SEJONG, South Korea, July 24- South Korea unveiled stimulus measures on Thursday to prop up slowing economic growth, including plans to boost public spending by some $11 billion and ease mortgage borrowing rules.
SYDNEY, July 24- London copper was little changed on Thursday, shrugging of news that miners in Indonesia may soon resume ore exports that have been halted since January, while traders awaited a string of flash manufacturing sector reports.
SINGAPORE, July 24- U.S. crude was little changed near $103 a barrel in early Asian trading on Thursday, holding on to previous day gains due to a higher-than-expected decline in crude inventories. Geopolitical tensions in Eastern Europe and the Middle East helped underpin oil prices, but had yet to cause disruptions to well-supplied global crude markets.
SAN FRANCISCO, July 23- Federal Trade Commissioner Julie Brill, speaking in Washington on Wednesday, expressed concern about the way apps on smartphones and mobile devices are siphoning sensitive health data, and how some of that information may then be shared with third parties.
SAN FRANCISCO, July 23- Researchers have found a flaw that could expose the identities of people using a privacy-oriented operating system touted by Edward Snowden, just two days after widely used anonymity service Tor acknowledged a similar problem.
July 23- Eight months ago in front of a crowd of food industry executives gathered at a fancy Chicago hotel, a top McDonald's Corp executive lauded the boss of meat supplier OSI Group for his dedication to the fast-food giant's "McFamily".
*Tech stocks boosted by Apple, Facebook hits record high. SYDNEY, July 24- Asian stocks inched higher on Thursday, encouraged by upbeat corporate results and a record close on Wall Street, while unrest in the Middle East and Ukraine underpinned demand for high-rated bonds. MSCI's broadest index of Asia-Pacific shares outside Japan was up a slim 0.09 percent.
*Japan logs record two full years of trade deficits. TOKYO, July 24- Japan's exports unexpectedly fell in June for a second straight month in a worrying signal that weak external demand could continue to drag on the economy's recovery from a sales tax rise.
SINGAPORE, July 24- Gold was holding its ground above $1,300 an ounce on Thursday as violence deepened in the Middle East over the Gaza strip and as holdings in the top bullion-backed fund rose on safe-haven bids. *Meanwhile, tensions remained high between Russia and the West over Ukraine.
WASHINGTON— Laurie Dishman told senators through tears Wednesday that she was choked and raped on a Royal Caribbean cruise by one of the line's employees, using her experience to shed light on the dangers that passengers might face on cruises.
Treasury Secretary Jacob Lew will deliver remarks at the Inaugural Rural Opportunity Investment Conference hosted by the White House Rural Council.
TOKYO, July 24- Japan's exports unexpectedly fell 2.0 percent in June from a year earlier, down for the second straight month, Ministry of Finance data showed on Thursday, a worrying signal that weak external demand could continue to drag on the economy's recovery. The fall compared with a 1.0 percent increase expected by economists in a Reuters poll.
NEW YORK, July 23- A U.S. federal judge on Wednesday dismissed a shareholders' lawsuit claiming JPMorgan Chase& Co board members knew about Bernard Madoff's Ponzi scheme and ignored red flags signaling his massive fraud.
CAPE CANAVERAL, Fla., July 23- In what may be the ultimate in long-distance telephone service, NASA on Wednesday put out a call for a commercially owned and operated satellite network on Mars. "There is a potential communications gap in the 2020 s," NASA wrote in its solicitation, which was posted on the agency's procurement website.
BRASILIA/ SAO PAULO, July 23- Brazil's Treasury on Wednesday sold $3.5 billion worth of a new 30- year global bond, while offering to buy back shorter-dated maturities that had been issued under costlier terms.
CARACAS, Venezuela— The Spanish-language television network started by the late Venezuelan President Hugo Chavez as a vehicle for promoting in Latin America his leftist brand of political change will now reach audiences in English.
July 23- The Delaware Supreme Court affirmed on Wednesday a lower court ruling that ordered Wal-Mart Stores Inc to provide a shareholder with documents related to the company's internal probe of allegations the retailer had paid bribes in Mexico.