James Rooney, chairman of Advanced Capital Partners, discusses the reunion between estranged families separated by the Korean War in the north and south and what it could mean for relations between the two countries.» Read More
*Michael Kors shares soar after results. *International Paper profit nearly doubles. *Equities in Japan and Seoul fell to multi-month lows overnight and Europe followed suit, weighed further by earnings disappointment.
LONDON, Feb 3- Growing pressure for more policy easing in the euro zone pinned the euro near a 10- week low on Monday while persistent tension in emerging markets drove Hungary's forint to a 10- month trough and weighed on global stocks. Stock markets in Europe reflected the weak appetite for riskier assets as they slid 0.6 percent, following shares in Asia.
With many Asian markets, including China, still shut for the lunar new year holidays, trading volumes stayed thin. That is likely to weigh on emerging markets that export to China, and MSCI's main emerging equity index eased 0.3 percent after January's 6.6 percent loss.
SYDNEY, Feb 3- Asian shares lost more ground on Monday as strains in emerging markets show little sign of abating, while growing pressure for another policy easing in Europe shoved the euro to 10- week lows. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.3 percent, while Seoul's KOSPI lost 1 percent.
SYDNEY, Feb 3- Asian shares were slowly giving ground on Monday as strains in emerging markets show little sign of abating, while growing pressure for another policy easing in Europe shoved the euro to 10- week lows. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.2 percent, while Seoul's KOSPI lost 0.6 percent.
SEOUL, Jan 29- South Korea approved on Wednesday a $7 billion project to build two nuclear plants, a boost for an industry struggling to emerge from the shadow of Japan's Fukushima disaster and the first approval since a policy review sparked by a safety scandal at domestic reactors.
SEOUL, Jan 27- South Korea is expanding a poultry cull in a bid to contain the spread of bird flu that has been found on an increasing number of farms around the country and in migratory birds. Asia's fourth-largest economy has had four bird flu outbreaks in the past 10 years, without any cases of human infection reported.
WASHINGTON, Jan 24- The Pentagon's F-35 program office on Friday said it was "laser-focused" on finishing development of the software needed for the U.S. Marine Corps to start using its Lockheed Martin Corp F-35 fighter jets from mid-2015.
*Paid 800 bln won in special employee bonus. SEOUL, Jan 24- Samsung Electronics Co Ltd, under pressure to appease investors who have berated it for hoarding the spoils of rapid growth, has pledged to hand out even more profit after almost doubling its full-year dividend to a record $2 billion.
SEOUL, Jan 24- Samsung Electronics Co Ltd posted its first decline in quarterly profit in two years, hit by one-off special bonus as well as slowing smartphone sales as it braces for a year of tougher competition with rival Apple Inc..
*China's manufacturing activity dips for first time in 6 months. TOKYO, Jan 23- The first weeks of 2014 showed North Asia's manufacturing and export giants enjoying mixed fortunes, with South Korea and Japan starting the year positively, while China, the biggest of the trio, was still struggling to regain momentum.
SEOUL, Jan 23- South Korea's Hyundai Motor posted its first year-on-year fall in quarterly revenue in nearly three years, as the stronger local currency weighed and imported rivals gained ground in the Korean home market.
SPECIAL REPORT-How Caterpillar got bulldozed in China. ZHENGZHOU- A year and a half after Caterpillar Inc signed off on a deal with Zhengzhou Siwei, it has become a case study in how a foreign company with decades of experience in China can still flounder in that market. SEC judge suspends' Big Four' China units over audits.
LONDON, Jan 22- Iran's oil exports have picked up modestly in January for the third consecutive month, according to sources who track tanker movements, adding to signs that the easing of sanctions pressure on Tehran is helping its oil exports to recover.
SYDNEY, Jan 21- Asian markets sprang higher on Tuesday as Japanese stocks rebounded and Chinese money rates eased, while the U.S. dollar got a fillip from a report the Federal Reserve would again trim its bond buying next week. A drop in the yen helped Tokyo's Nikkei rally 1.5 percent and dragged up markets from Seoul to Singapore.
WASHINGTON, Jan 20- The United States has offered to send U.S. special envoy to North Korea Robert King to Pyongyang to secure the release of American missionary Kenneth Bae after he appeared in front of journalists asking Washington to help him get home, an administration official said on Monday.
KHOBAR, Saudi Arabia/ SINGAPORE, Jan 20- Saudi state oil company Saudi Aramco has informed at least two term buyers that it will supply less Arab Extra Light crude in February due to maintenance at one of its biggest oilfields, industry sources said on Monday.
The remarks by Chinese Foreign Ministry spokesman Hong Lei were an indirect criticism of the United States, the biggest and most powerful IMF member, where lawmakers failed on Monday to agree on funding measures needed for the reforms to move forward, though Hong did not mention the United States by name.
BEIJING, Jan 15- China called on the IMF on Wednesday to stick to a commitment to give emerging markets more power at the world body after U.S. lawmakers set back historic reforms that would give developing countries a greater say.
*Dec crude imports from Iran at 131,901 bpd, down 29.7 pct y/y- customs. SEOUL, Jan 15- South Korea's crude imports from Iran fell nearly 30 percent in December from a year ago and are likely to stay near current levels for the next six months as the initial deal over Tehran's nuclear programme is implemented.