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Asia Top News and Analysis South Korea


  • South Korea's President-Elect Cleared in Probe Wednesday, 20 Feb 2008 | 9:57 PM ET

    South Korean investigators looking into allegations the president-elect was involved in securities fraud said on Thursday they found no wrongdoing, defusing a scandal that analysts said could have undermined his authority.

  • Asian Stocks Sink on Renewed Credit Fears Wednesday, 20 Feb 2008 | 4:49 AM ET

    Asian markets closed sharply lower Wednesday with Japan losing over 3 percent lower and both Australia and South Korea ending around 2 percent down.

  • Banks, Exporters Lift Asian Markets Tuesday, 19 Feb 2008 | 5:06 AM ET

    Asian stocks ended mostly in the green Tuesday as investors, sought undervalued bank shares and exporters that could gain from a modestly stronger U.S. dollar. Japan, South Korea and Australia all closed stronger.

  • Asian Markets End Mixed, Hong Kong Falls Monday, 18 Feb 2008 | 5:26 AM ET

    Asian stocks closed mixed Monday, as investors shrugged off a rash of weak economic indicators to keep most markets afloat. Japan and South Korea closed just a touch higher, which the Hong Kong market fell.

  • Asian Stocks End Mixed, Japan Flat Friday, 15 Feb 2008 | 5:40 AM ET
    China Skyline.jpg

    Asian stocks ended the week with a mixed session Friday, but off their earlier lows. Japan closed almost flat despite making sharp losses in the morning.  South Korea finished just slightly lower.

  • Asian Markets Power Higher, Japan Adds 4% Thursday, 14 Feb 2008 | 5:14 AM ET

    Asian markets surged in the afternoon session, buoyed by a surprise increase in U.S. retail sales and unexpectedly strong growth figures for the Japanese economy. Both Tokyo and Seoul closed over 4 percent higher.

  • Asian Markets End Mixed After Buffet Rally Wednesday, 13 Feb 2008 | 5:24 AM ET

    Asian markets received an early boost after billionaire investor Warren Buffett made an offer to take on $800 billion of U.S. municipal bond risk. But many of the Asian indexes gave back earlier gains to close mixed. Indian and Hong Kong stocks closed firmly higher, while China and Australia fell.

  • Asian Markets Mixed, Insurers Fall on AIG Tuesday, 12 Feb 2008 | 5:20 AM ET

    Asian markets were slightly higher on Tuesday driven by a rebound in the U.S., but financials remained fragile after American International Group raised fears it would become the latest casualty of the credit crisis.

  • Asian Markets Are Sharply Lower, Seoul Sheds 3.3% Sunday, 10 Feb 2008 | 7:17 PM ET

    Oil and precious metals rose on supply concerns on Monday in thin holiday trade in Asia, while the few stock markets that were open, such as South Korea and Australia, unravelled on fear the credit crunch would spread further.

  • Systems Glitch, Poor Data Sink Japanese Shares Friday, 8 Feb 2008 | 5:17 AM ET

    The Japanese market fell 1.4 percent in a quiet Friday session.  But Australia finished 1.1 percent higher.  Volumes were thin with many investors away for the lunar new year.

  • Japan Rebounds to Close Up But Australia Slips Thursday, 7 Feb 2008 | 5:08 AM ET

    Japan ended higher Thursday, rebounding from early losses, but Australia closed lower, hitting a five-day low as investors remained sidelined after recent signs that the U.S. economy is headed into recession. 

  • Asian Stocks Get Mauled, Japan Bleeds 4.7% Wednesday, 6 Feb 2008 | 2:59 AM ET

    Asian markets tanked in the afternoon session Wednesday, sending investors on a selling spree after unexpectedly weak service sector data in the United States and Europe fueled fears of a recession. Japan plunged over 4 percent and Hong Kong closed more than 5 percent lower.

  • Asian Markets Sink on US Financial Worries Tuesday, 5 Feb 2008 | 5:13 AM ET

    Asian markets continued their weak run Tuesday with financial stocks sinking after U.S. credit card firms and banks were downgraded, stoking fears their troubles could spread to the global sector.

  • Global Deals Boost Asian Markets Monday, 4 Feb 2008 | 5:32 AM ET
    A man uses his mobile phone in front of electronic stock boards at the Australian Securities Exchange (ASX Ltd.) headquarters in Sydney, Australia.

    Asian markets rallied Monday, as Microsoft's bid for Yahoo and China's purchase of a large stake in takeover target Rio Tinto boosted optimism over share valuations. Japan added 2.6 percent while South Korea advanced 3.4 percent.

  • Asia Markets Close Mixed, Japan Slips Friday, 1 Feb 2008 | 6:16 AM ET

    Despite hefty interest rate cuts by the U.S. Federal Reserve this week, investors were still worried about the health of the U.S. economy and the global ramifications of a slowdown. Asian markets ended mixed Friday, with Japan closing lower but Australia jumping 3.4 percent.

  • Jittery Asian Stocks End Mixed Thursday, 31 Jan 2008 | 4:58 AM ET

    Asian stocks had a jittery session Thursday with markets dipping in and out of negative territory as fears of a possible downgrade of U.S. bond insurers hit financials. Both Japan and South Korea finished higher despite a negative start to the session.

  • Asian Stocks End Lower on US Rate Jitters Wednesday, 30 Jan 2008 | 5:10 AM ET
    Singapore Skyline.jpg

    Asian stocks were suffering a case of the nerves ahead of the U.S. Federal Reserve meeting later Wednesday. Markets started the session on a strong note, but then slipped into negative territory with Hong Kong closing 2.6 percent lower and Japan shedding 1 percent.

  • Rate Cut Hopes Lift Asian Stocks, Japan Gains 3% Tuesday, 29 Jan 2008 | 5:08 AM ET
    China Skyline.jpg

    Expectations of a further cut in U.S. interest rates buoyed most Asian stocks Tuesday. Japan finished nearly up 3 percent, but the Australian market bucked the positive trend to close almost 2.5 percent lower.

  • Asian Markets Plummet, Japan Sheds 4% Monday, 28 Jan 2008 | 5:12 AM ET

    Asian stocks took a beating Monday with Japan and South Korea both closing almost 4 percent lower.

  • Asian Stocks Rebound on US Outlook Friday, 25 Jan 2008 | 5:09 AM ET

    Asian markets ended a volatile week with a firm rally on Friday, which brought most of the major indexes back to Monday's opening levels. A U.S. tax stimulus package, reassuring jobs data and the prospect of another Federal Reserve rate cut buoyed investor sentiment.