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  • WASHINGTON— Commerce Department releases personal income and spending for June, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for July, 10 a.m.; Commerce Department releases construction spending for June, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for June, 10 a.m.. WASHINGTON— Commerce Department...

  • With almost 80 million people and annual output of some $400 billion, Iran could be the biggest economy to rejoin the global trading and financial system since Russia emerged from the collapse of the Soviet Union more than two decades ago. Iran has already outlined plans to rebuild its main industries and trade relationships, saying last week it was targeting...

  • SEOUL, South Korea— China's stock market extended its loss for a second day while other Asian stocks were mostly up Thursday after data showed the U.S. economy posted solid growth during the second quarter. Japan's Nikkei 225 was flat at 20,525.29 while Hong Kong's Hang Seng index rose 0.4 percent to 24,602.11. Stocks in Australia and New Zealand were higher as...

  • Galaxy S6 fails to reverse profit decline at Samsung Thursday, 30 Jul 2015 | 2:14 AM ET

    SEOUL, South Korea— Samsung Electronics suffered a fifth straight drop in quarterly earnings as the Galaxy S6 failed to reverse its declining fortunes in global smartphone sales. Samsung's April-June net income was 5.8 trillion won, down 8 percent from 6.3 trillion won a year earlier. Sales fell 7 percent over a year earlier to 48.5 trillion won while operating...

  • Asian stocks mixed after Fed leaves rates unchanged Thursday, 30 Jul 2015 | 12:52 AM ET

    BEIJING— Most major global markets rose Thursday after the U.S. KEEPING SCORE: Germany's DAX gained 0.5 percent to 11,263.71 and France's CAC-40 was up 0.6 percent at 5,047.43. Britain's FTSE 100 gained 0.7 percent to 6,680.37.

  • Galaxy S6 fails to reverse profit decline at Samsung Wednesday, 29 Jul 2015 | 8:12 PM ET

    SEOUL, South Korea— Samsung Electronics suffered a fifth straight drop in quarterly earnings as the Galaxy S6 failed to reverse its declining fortunes in global smartphone sales. Samsung's April-June net income was 5.8 trillion won, down 8 percent from 6.3 trillion won a year earlier. Sales fell 7 percent over a year earlier to 48.5 trillion won while operating...

  • SEOUL, July 29- An ugly fight among Lotte Group founding family members for control of the conglomerate's holding company sent shares in group firms jumping on Wednesday as investors bet the founder's sons would seek to boost their stakes. Whether younger son Shin Dong- bin, 60, will be able to maintain his grip on Lotte Holdings remains uncertain as the father...

  • LG Electronics reports 45 percent plunge in 2Q earnings Wednesday, 29 Jul 2015 | 2:29 AM ET

    SEOUL, South Korea— LG Electronics said Wednesday its second quarter earnings sank 45 percent over a year earlier as losses widened in its TV business and mobile phones earned little income. The company reported a net profit of 226.4 billion won for the April-June quarter, compared with 411.8 billion won a year earlier. LG's TV business, the world's...

  • China stocks fall for second day, Europe rises Tuesday, 28 Jul 2015 | 1:09 AM ET

    BEIJING— Chinese stocks fell further Tuesday after suffering their biggest drop in eight years the previous day while most other Asian markets declined and Europe rose. In Europe, Germany's DAX was up 0.9 percent at 11,150.48 and France's CAC-40 gained 0.8 percent to 4,967.18. CHINA'S PLUNGE: The Shanghai index fell 8.5 percent on Monday, its biggest one-day...

  • NEW YORK— The worst drop in China's stock market in eight years helped drag down other markets around the world Monday. Faced with a drop in stock prices in Asia, Europe and the U.S., investors moved into traditional safe havens. "There remain very few buyers out there and there are some growing concerns that we're looking at a slowdown in global economic growth," said...

  • SEOUL, South Korea— The Shanghai share index fell the most since early 2007 on Monday as Chinese stocks suffered a renewed sell-off despite government efforts to calm the market. In Europe, Britain's FTSE 100 fell 0.1 percent to 6,573.22 and Germany's DAX shed 1.3 percent to 11,198.22. Monday's fall on the Shanghai market was the biggest one-day decline in...

  • SEOUL, South Korea— Shanghai stocks dive 8 percent as China shares suffer renewed selling, other Asia markets down.

  • Thai Airways suspends unprofitable US flights Monday, 27 Jul 2015 | 2:22 AM ET

    BANGKOK— Thailand's beleaguered national airline said Monday it will suspend flights to the U.S. as part of efforts to end years of losses. The airline will suspend the unprofitable four roundtrip flights per week from Bangkok to Los Angeles and from Bangkok to Rome, starting October 25, Thai Airways President Jarumporn Chotikasathein said in a statement.

  • KEEPING SCORE: Japan's Nikkei 225 fell 0.7 percent to 20,394.41 and South Korea's Kospi was down 0.3 percent to 2,040.29. Hong Kong's Hang Seng sank 2.1 percent to 24,599.73 and Australia's S&P/ASX 200 dipped 0.1 percent to 5,558.50. Stocks in Southeast Asia, Taiwan and New Zealand were also lower.

  • Hyundai Motor's 2Q earnings down 24 percent Thursday, 23 Jul 2015 | 2:25 AM ET

    SEOUL, South Korea— Hyundai Motor Co. said Thursday its second quarter earnings sank 24 percent due to a sales drop in China and weakness in other markets due to falling currencies. Hyundai said China sales declined as the country's local makers of cheap vehicles recorded explosive sales growth. Foreign carmakers in joint ventures with Chinese firms marked...

  • South Korea's growth slowest in more than 2 years Wednesday, 22 Jul 2015 | 11:36 PM ET

    SEOUL, South Korea— South Korea's quarterly growth slowed to the lowest in more than two years as a severe drought hit agriculture and an outbreak of Middle East respiratory syndrome sapped consumption. The Bank of Korea said Thursday that South Korea's economy expanded 2.2 percent in the second quarter over a year earlier. Asia's fourth-largest economy eked...

  • SK Hynix wants to boost share price with buyback: Pro Wednesday, 22 Jul 2015 | 11:05 PM ET
    SK Hynix wants to boost share price with buyback: Pro

    Following the recent selloff, SK Hynix hopes to stabilize its stock price with the share buyback, says Mehdi Hosseini, senior analyst and senior VP of Semiconductors at Susquehanna Financial Group.

  • SEOUL, July 23- South Korea's economy recorded its weakest expansion in six years in the second quarter, battered by a deadly virus outbreak, dry weather and poor exports, adding pressure on lawmakers to swiftly pass a pending supplementary budget. The economy grew just 0.3 percent in April-June over the previous quarter, the Bank of Korea estimated on Thursday,...

  • South Korea's Q2 economic growth more than halves from Q1 Wednesday, 22 Jul 2015 | 7:31 PM ET
    Shoppers walk in the Myungdong shopping district in Seoul, South Korea.

    South Korea's economy grew just 0.3 percent on-quarter in the second quarter, as consumption was battered by an outbreak of MERS.

  • Official: Mitsubishi may extend WWII apology to others Wednesday, 22 Jul 2015 | 5:13 AM ET

    "If there is such an opportunity, we will do the same apology," Yukio Okamoto told foreign media, saying the POWs brought to Japan were subjected to inexcusable labor conditions. Okamoto, a former diplomat, was among company officials who delivered an apology to surviving POWs and family members on Sunday in Los Angeles for about 900 Americans forced to work in...