Wires

S.Korea-Market Factors to watch on Oct 12

Share

SEOUL, Oct 12 (Reuters) - Following is a list of events inSouth Korea as well as news stories and press reports that mayinfluence financial markets.

TOP STORIES>US court clears Samsung phone, hands Apple setback

>S.Korea c.bank cuts rates, seen on hold for while

>Google in industry's "defining fight" with Apple

MARKETS

>KOSPI tumble to one-month low in weeklong loss

>S.Korea won pares losses on exporters, rate cut

MARKET SNAPSHOTS

* U.S. stocks ended flat on Thursday after gains brought bya sign of improvement in the labour market were erased in partby a drop in Apple shares after a legal setback in a courtruling.

* The euro made its first gain in four days on Thursdayafter the IMF said euro zone economies should have more time tocut budget deficits.

* Oil prices rose on Thursday to their highest levels inweeks as tensions between Syria and Turkey escalated, whilemaintenance on North Sea oilfields pushed the premium forEurope's Brent crude to another one-year high.

* South Korean shares continued their week-long fall onThursday as investors remained pessimistic about the globaleconomic outlook.

IN THE KOREAN PRESS

Following is a summary of local press reports translated byReuters. Reuters has not verified the content of these reportsand does not vouch for their accuracy.

> Lotte Engineering & Construction Co Ltd

won a $550 million order to build a diesel power plant in Jordan.Latest KR stock reportLatest money reportLatest stocksKR press digestKR main diaryKR IPO diaryGlobal Markets reportOil Markets reportNew York StocksAsia stock outlookEmerging markets report

(Reporting by Jane Chung; Editing by John Mair)

((jane.chung@thomsonreuters.com))