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Asia Top News and Analysis South Korea

  • NEW YORK-- British television productions received a leading seven International Emmy nominations Monday, including best actor and actress nods for Jason Isaacs in "Case Histories" and newcomer Joanna Vanderham in "The Runaway."

  • RIYADH, Oct 8- Saudi Electricity Co has awarded contracts for South Korea's Hyundai and Japan's Mitsubishi to build and supply equipment for a large power plant in Jeddah, SEC said on Monday. But SEC expects the more efficient plant, to burn much less fuel oil per unit of electricity produced.

  • LONDON, Oct 8- Britain is in danger of suffering a long-term loss of liquefied natural gas supply as top exporter Qatar sends only left-over short-term deliveries to the UK while more and more of its LNG goes to higher paying Asian customers. Analysts and British energy companies say the strategy rewards Qatar but puts Britain at a significant disadvantage.

  • SINGAPORE, Oct 5- Asia's fuel oil market plunged further on Monday, with the prompt inter-month spread sinking to its lowest in nearly two years amid abundant supply of the 180- centistoke fuel oil. Sri Lankan refiner Ceylon Petroleum Corp has emerged in the spot market to seek 20,000 tonnes of high sulphur fuel oil and 20,000 tonnes of low sulphur fuel oil.

  • PARIS-- Europe's stock markets fell Monday on concern about the global economy ahead of a two-day meeting of its finance ministers and a cut in the World Bank's growth forecasts for Asia. Investors continue to worry over protests in Spain and IMF concerns over Greece.

  • SINGAPORE, Oct 8- The Asian naphtha price was at a two-session low of $957.50 a tonne on Monday on lower Brent crude, while the intermonth premium fell to a two-week low of $11.50 a tonne on muted spot purchases from petrochemical makers.

  • TAIPEI, Oct 8- Taiwan's exports rose more than expected in September after six straight months of declines, buoyed by demand for new electronics products ahead of the year-end shopping season, with the key U.S. and China markets returning to growth.

  • BANGKOK-- World stocks fell Monday as Europe's debt crisis continued to roil markets and the World Bank cut its growth forecasts for Asia. "That worried investors that we might have hit the top of the recent rally and we might see some correction in the short term," said Jackson Wong, vice president of Tanrich Securities in Hong Kong.

  • TAIPEI, Oct 8- Taiwan's exports recorded their first growth after six straight months of declines in September, buoyed by demand for new electronics products ahead of the year-end shopping season, with the key U.S. and China markets returning to growth. Exports to China +6 pct. Exports to Europe -10.5 pct.

  • TAIPEI, Oct 8- Taiwan's exports recorded their first growth after six straight months of declines in September, buoyed by demand for new electronics products ahead of the year-end shopping season, with the key U.S. and China markets returning to growth. Exports to China +6 pct. Exports to Europe -10.5 pct.

  • TAIPEI, Oct 8- Taiwan's exports recorded their first growth after six straight months of declines in September, buoyed by demand for new electronics products ahead of the year-end shopping season, with the key U.S. and China markets returning to growth. Exports to China +6 pct. FOREST CHEN, ANALYST, TA CHONG BANK.

  • *POSCO sags on discount block sale by SK Telecom. *KOGAS rallies on Iraq pipeline contract. However, the real move will come from the Q3 earnings reports, "said Song Sang- hoon, an analyst at Kyobo Securities.

  • Oct 08- Fitch Ratings has assigned Korea- based Doosan Infracore Co., Ltd.' s USD500m capital securities a final rating of' A-'. The rating reflects the credit enhancement provided to investors by Korea Development Bank, Woori Bank and Hana Bank.

  • SEOUL, Oct 8- South Korean shares fell on Monday as concerns about the slowdown of the world economy led investors to exercise caution ahead of earnings reports. Most heavyweights on the South Korean index slumped, led by shipbuilders Hyundai Heavy Industries and Samsung Heavy Industries, which dropped 2.8 percent and 2.5 percent respectively.

  • SYDNEY, Oct 8- Australian shares fell 0.3 percent, ending seven straight sessions of gains, dragged down by resource sectors as investors worried that the coming U.S. earnings season will feature weaker results.

  • SYDNEY, Oct 8- Australian shares fell 0.3 percent on Monday, ending seven straight sessions of gains, dragged down by commodities and mining sectors as investors' attention turned to the coming U.S. earnings season amid concerns of weaker results. 3.2 percent, while Woodside Petroleum. New Zealand's benchmark NZX 50 index.

  • SEOUL, Oct 8- SK Telecom Co Ltd, South Korea's top mobile operator, sold half of its 2.85 percent stake in steelmaker POSCO for 440 billion won before the stock market opened on Monday, an SK Telecom spokeswoman said.

  • SEOUL, Oct 8- Seoul shares fell slightly on Monday morning as investors braced for a slowing world economy and kept a wary eye on the upcoming earnings season. The MSCI index of Asia-Pacific shares excluding Japan was down 0.73 percent.

  • BANGKOK-- Asian stocks fell Monday as Europe's debt crisis continued to roil markets and the World Bank cut its growth forecasts for Asia. Benchmarks in Singapore, Taiwan and mainland China also fell. Andrew Sullivan, principal sales trader at Piper Jaffray in Hong Kong, said protests in Spain and IMF concerns over Greece continue to worry investors.

  • *Toyota, Honda to cut working hours, slow line speed-Nikkei. TOKYO, Oct 8- Japan's Toyota Motor Corp, Nissan Motor Co and Honda Motor Co plan to slash production in China by roughly half, the Nikkei newspaper reported on Monday, as a territorial row between Asia's two largest economies cuts sales of Japanese cars in the world's biggest auto market.