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Asia Top News and Analysis South Korea

  • *Hyundai shares up 3.9 pct after recent battering. Hyundai, which with affiliate Kia Motors is the world's fifth-biggest car maker, said its total shipments rose less than 1 percent in July-September- hit by the industrial action that cost the company lost production of more than 82,000 cars worth $1.5 billion.

  • Asian shares rose on Thursday as signs of recovery in China and the United States eased fears of deteriorating global growth, though generally weak corporate earnings continued to make investors wary.

  • *Hyundai shares up 3.2 pct in Seoul; down 13 pct this month. SEOUL, Oct 25- South Korea's Hyundai Motor Co reported July-September net profit of $1.97 billion, up 13 percent on last year and in line with market forecasts, with growth held back by labour strikes in South Korea even as overseas sales rose.

  • BANGKOK-- World stock markets mostly rose Thursday as investors kept their sights on a possible improvement in China's economy. Britain's FTSE rose 0.5 percent to 5,836.92. Wall Street appeared headed for a day of gains, with Dow Jones industrial futures rising 0.4 percent to 13,078 and S&P 500 futures adding 0.6 percent to 1,413.20.

  • SEOUL, Oct 25- South Korea's Hyundai Motor Co reported July-September net profit of 2.17 trillion won, an increase of 13 percent and in line with market forecasts, with growth held back by labour strikes in South Korea even as overseas sales rose.

  • "Hyundai is set to recover its lost output during the third quarter with increased capacity in China, Brazil and the United States as well as in South Korea.

  • SEOUL, South Korea-- South Korea's flagship carrier Korean Air said Thursday it returned to profit after two straight quarters of losses as increased international passengers and a favorable exchange rate offset lower cargo shipments.

  • German industrial conglomerate BASF, consumer products company Unilever and Swiss bank Credit Suisse all enjoyed strong share price gains after their reports. Procter& Gamble, for example, led the Dow Jones industrial average higher after the giant consumer products company reported earnings that beat analysts' expectations.

  • *China, Taiwan, Australian companies see dismal earnings. That compares to dreary corporate profits in China and others in the Asia-Pacific region, like Australia, that depended heavily on the now weakened buying power of major economies such as China.

  • BANGKOK-- Asian stock markets rose Thursday as investors kept their sights on a possible improvement in the Chinese economy. A key survey of Chinese manufacturing activity rose to a three-month high in October, easing concerns that China might experience an abrupt economic "hard landing" rather than a gradual slowdown.

  • DALLAS-- The CEO of American Airlines said the company expects to hire 2,500 pilots over the next five years as it ramps up international flights.

  • WASHINGTON, Oct 24- South Korea's Samsung Electronics, the world's top maker of smartphones, infringed Apple patents to make its smartphones and tablets, a U.S. trade panel judge said in a preliminary decision issued on W edn esday. The full International Trade Commission will decide in February whether to uphold or reject the judge's decision.

  • *Brazil, Argentina grab US market share. Major importers in Asia, including South Korea, Taiwan and top buyer Japan, have turned away from the United States as U.S. corn prices soared to record highs this summer, buying feed from South America and producers in the Black Sea region.

  • SEOUL, Oct 25- Hyundai Motor Co drove up sales in France by 40 percent last month and had a record September in the United States, but it has since had nearly $7 billion wiped off its market value as investors query the South Korean automaker's go-slow on expanding capacity.

  • DALLAS-- The CEO of American Airlines said the company expects to hire 2,500 pilots over the next five years as it ramps up international flights.

  • GENEVA, Oct 24- Global trade in commercial services such as tourism and air travel showed zero growth in the second quarter of 2012 as the Europe Union's appetite shrank 7 percent, preliminary trade figures showed on Wednesday. The Europe- led slowdown follows a Europe- led boom a year ago.

  • Oct 24- Thermo Fisher Scientific raised its full-year forecast for the second time this year as the world's largest laboratory equipment maker benefited from its presence in Asia, even as the weak U.S. and European economies dragged on its competitors.

  • PARIS, Oct 24- Dominique Strauss-Kahn, the former IMF chief whose French presidential ambitions were shattered by a sex scandal last year, is making a comeback in business and at conferences. The 63- year-old Strauss-Kahn was accused of trying to rape a New York hotel maid in May 2011.

  • DALLAS-- US Airways turned in a strong performance during a three-month stretch that covers much of the peak summer vacation season. The results are especially important to US Airways Group Inc. as it pursues a merger with American Airlines.

  • DALLAS-- American Airlines says it will start new international routes next year, seeking to capitalize on growth in international travel, especially among high-fare corporate travelers.