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Asia Top News and Analysis South Korea

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    Asian markets ended firmly in the green Tuesday in the run up to an interest-rate decision in the U.S. and following a Wall Street rally Monday as credit concerns eased. 

  • Asian markets ended mostly lower Monday as caution prevailed ahead of a U.S. central bank policy meeting due early this week. Japan closed a touch lower, but South Korea shed almost 1.4 percent.

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    Asian markets finished mostly higher Friday, as worries about a U.S. recession eased after American President George W. Bush unveiled plans aimed at stemming U.S. home-loan foreclosures. Japan closed at a four-week high, but Hong Kong and South Korea finished firmly in the red.

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    Asian markets closed mostly higher Thursday, as investors were cheered by upbeat U.S. data. Australia, South Korea and Japan all finished higher, but Singapore and China slipped into the red.

  • Metro-Goldwyn-Mayer will invest up to an initial $866.9 million in developing its theme park in South Korea, an official said on Thursday.

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    Asian markets closed in positive territory Wednesday, with the exception of Australia's S&P/ASX 200 index, despite growing fears the U.S. economy might slip into recession. Both South Korea and Japan closed higher after spending most of the morning in negative territory.

  • The favorite to be South Korea's next president looked even more certain on Wednesday of winning this month's election after prosecutors cleared him of allegations of fraud.

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    Asian markets finished mixed Tuesday as investors fretted over the health of the U.S. economy. Japan closed almost 1 percent lower, but South Korea and China made gains of almost 1 percent.

  • Asian stock markets took a breather Monday and were largely unchanged from Friday's close, after posting their best weekly gain in more than three months last week. Japan and South Korea both closed a touch lower.

  • Top South Korean mobile operator SK Telecom on Monday said it had agreed to buy a stake in broadband provider hanarotelecom for 1.09 trillion won ($1.18 billion) in cash, a near 50 percent premium on pre-acquisition talks.

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    Asian markets closed mostly higher Friday after comments by Federal Reserve Chairman Ben Bernanke raised hopes for an interest-rate cut in December, but China's Shanghai Composite Index ended sharply lower as PetroChina and financial stocks fell.

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    When CNBC Squawk Box co-anchor Becky Quick traveled with Warren Buffett to Asia, she took a video camera along for the trip. Some of the material she shot will be appearing in the one hour CNBC special Warren Buffett: The Billionaire Next Door - Going Global that premieres tomorrow night (Friday, November 30) at 9p ET.   In this web-only video clip shot with my own trusty minicam, you'll see some additional footage from Becky's "video diary" as she tells us what really happens "behind-the-scenes."

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    Asian markets ended higher across the board Thursday, as risk appetite returned to the market after comments from the vice chairman of the Federal Reserve bolstered expectations for a U.S. interest rate cut.

  • Asian markets slipped into the red Wednesday, with the exception of the Hang Seng index, paring back the modest gains made in the morning.  Japan finished down while South Korea closed over 1 percent lower.

  • A stockbroker watches his terminal during trading in Bombay, India, Thursday, May 18, 2006. Indian shares plunged Thursday, with the benchmark stock index tumbling 6.8 percent, or more than 800 points, its biggest point drop ever, largely on fears of higher taxes on foreign funds that invest in Indian stocks. (AP Photo/Rajesh Nirgude)

    Asian markets see-sawed in volatile trade Tuesday to end mixed as financial counters rebounded on news that Citigroup will receive a large cash infusion from the investment arm of the Abu Dhabi government. The news pushed the Japanese and South Korean markets back into the black after spending most of the session in negative territory.

  • Universal Studios and its partners will build a $3.1 billion theme park in South Korea by 2012, its largest project in terms of investment size, as it seeks to expand in Asia's burgeoning entertainment market.

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    Asian markets surged to close firmly in the green Monday, with the exception of China's Shanghai Composite index, reversing four straight weeks of losses. Tokyo gained 1.6 percent, but South Korea came out tops with a whopping 4.7 percent advance.

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    It was a mixed session for Asian stocks on Friday with some markets gaining ground as investors picked up beaten-down shares after a six-session losing streak. But trading was dulled by holidays in Japan and the United States.

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    After a volatile trading session, Asian markets ended mostly lower as caution prevailed amid worries about the health of the U.S. economy -- the region's top export destination.

  • Dubai International Capital (DIC) plans to buy stakes in large Asian listed companies such as Singapore Telecommunications and DBS Group Holdings, a Singapore newspaper reported.