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  • SHANGHAI, July 19- China's yuan edged up against the dollar on Tuesday after breaching the key level of 6.7 per dollar in the previous session, with state banks stepping in to control the slide. While China's second-quarter economic growth data on Friday was slightly stronger than expected due to growing central government support, exports continued to fall...

  • BEIJING— Asian stock markets were mixed Monday after Wall Street ended the week up, a Turkish military coup failed and China reported better economic data. Hong Kong's Hang Seng rose 0.1 percent to 21,674.28 and Seoul's Kospi was unchanged at 2,017.13. Benchmarks in Singapore and New Zealand gained while the Philippines and Indonesia retreated.

  • The Justice Ministry said Monday that Jin Kyung- joon, a vice ministerial-level official, was arrested and put to a detention facility on Sunday. South Korea, a vibrant, liberal democracy, is one of the leading economies in Asia, but high-profile corruption scandals still routinely take place. Jin faces allegations that he bought unlisted Nexon shares with the...

  • SEOUL, South Korea— Samsung Electronics said Friday it is in talks to buy shares of Chinese electric car maker BYD in the latest tech-auto collaboration. The company said the talks with BYD will not affect supply deals of Samsung SDI, a lithium-ion battery supplier for electric vehicles. It grew to supply about half the global market for mobile phone batteries...

  • *H1 crude imports from Iran up 107.9 pct y/y. SEOUL, July 15- South Korea's crude imports from Iran jumped nearly 115 percent in June from a year earlier as cheaper prices for Iranian condensate prompted Asia's major ultra-light oil buyer to boost purchases of the oil products last month. More Iranian condensate imports are expected in the fourth quarter if Iran...

  • SEOUL, South Korea— The seaside South Korean city of Sokcho is enjoying a surge of visitors who are wandering the streets at all hours as they look at their smartphones. The mobile game has become a blockbuster hit in the U.S. within less than a week of its launch, but it has not been officially launched in South Korea. Niantic Inc., a San Francisco spinoff of Google...

  • SEOUL, South Korea— South Korea's central bank lowered its growth outlook on Asia's fourth-largest economy on Thursday, citing Britain's decision to leave the European Union. South Korea's economy will likely expand 2.7 percent this year, compared with its April prediction of 2.8 percent, Bank of Korea said. South Korea's export to Britain is not significant...

  • *Base rate at 1.25 pct. *Rate cut expected in coming months- analysts. SEOUL, July 14- South Korea's central bank left rates unchanged as expected on Thursday, slightly downgrading its growth and inflation forecasts and propping the door open to further easing as it monitors the government's ongoing efforts to craft a supplementary budget.

  • THURSDAY, JULY 14 WASHINGTON- International Monetary Fund's head Christine Lagarde speaks at Center for Global Development in Washington on "Redoubling our Resolve for Global Development". PRETORIA- South African central bank Deputy Governor Kuben Naidoo speaks at South Africa's first ever Public Economics Winter School, where tax policy, industrial...

  • SEOUL, July 13- Nintendo's smash hit Pokemon GO is likely to face hurdles in South Korea, where Google mapping functions are restricted due to security issues with North Korea- though some fans are already trekking out to one remote area where it can be played. South Korea is the world's fourth-biggest gaming market after China, the United States and Japan,...

  • SARAJEVO- European Bank for Reconstruction and Development Vice President Philip Bennett visits Bosnia. MANILA- Philippines central bank governor Amando Tetangco to speak at the central bank's luncheon for stakeholders- 0200 GMT. SARAJEVO- European Bank for Reconstruction and Development and Bosnia to sign a 71 million euro infrastructure loan- 0730 GMT.

  • The latest Reuters poll of over 250 analysts, fund managers and brokers worldwide taken June 27- July 11 also showed an intensifying pull between stretched share prices- with Wall Street at a record high- and bond markets, with most government bond yields at record lows and vast swathes of them negative. The Bank of England is set to reverse course in response to...

  • BENGALURU, July 12- East Asian stocks will likely have a bumpy ride through the rest of this year, with China and South Korea's markets managing single-digit gains from where they are now, restrained by concerns over economic growth, a Reuters poll found. Global equities started the year with a scare, with one factor being the depreciation of China's currency,...

  • TUESDAY, JULY 12 JOHANNESBURG- South African Finance Minister Pravin Gordhan speaks at a South African Chamber of Commerce and Industry meeting- 0730 GMT. PRAGUE- Czech National Bank to publish the minutes of its June board meeting- 0700 GMT. BUDAPEST- Hungarian Central Bank non-rate-setting meeting.

  • *Asia swamped with refined fuel after crude price plunge. SINGAPORE, July 11- Oil refiners in Asia are processing less crude as they grapple with margins that plunged to five-year lows after the region was flooded with supply of refined products and as slowing economic growth hits demand for fuels. But this year, several Asian refiners are maintaining or...

  • MONDAY, JULY 11 PRETORIA- South African Finance Minister Pravin Gordhan addresses delegates at the country's first ever' public economics winter school', where tax policy, industrial economic competitiveness and health reform and social security policy will come under the spotlight- 1600 GMT. TUESDAY, JULY 12 JOHANNESBURG- South African Finance Minister...

  • BELGRADE- National Bank of Serbia announces interest rate decision- 1000 GMT. LISBON, Portugal- OECD Global Forum on Productivity: Structural Reforms for Productivity Growth. FRIDAY, JULY 8 LISBON, Portugal- OECD Secretary-General Angel Gurria and Portugal Finance Minister Mario Centeno to attend OECD Global Forum on Productivity: Structural Reforms for...

  • *South Korea still building 20 new coal-fired plants by 2022. SEOUL, July 6- South Korea plans to shut 10 aging coal-fired power plants by 2025, as Asia's fourth-largest economy seeks to cut its reliance on dirtier fuels after a pledge at last year's Paris climate summit to reduce greenhouse gas emissions. In Paris, South Korea agreed to reduce emissions by 37...

  • *South Korea will build planned 20 new coal-fired plants by 2022. SEOUL, July 6- South Korea plans to shut 10 ageing coal-fired power plants by 2025, as it ramps up efforts to curb the country's reliance on the polluting fuel and meet its pledge taken at last year's Paris climate summit to reduce greenhouse gas emissions. In fact, Seoul recently said it was targeting...

  • *South Korea will build planned 20 new coal-fired plants by 2022. SEOUL, July 6- South Korea plans to shut 10 ageing coal-fired power plants by 2025, as it ramps up efforts to curb the country's reliance on the polluting fuel and meet its pledge taken at last year's Paris climate summit to reduce greenhouse gas emissions. In fact, Seoul recently said it was targeting...