Archive for: korea

S Korea fires shots at North’s ships

South Korea says its navy has fired warning shots to drive away North Korean patrol ships that had crossed the western maritime border between the two countries....

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Seoul shares rise on econ data Samsung Elec

By Jungyoun Park SEOUL, April 30 – Seoul shares rose on Friday lifted by strong economic data and Samsung Electronics after the world’s No.1 memory chip...

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Seoul shares open higher as banks bounce

SEOUL, April 29 – Seoul shares opened 0.3 percent higher on Thursday helped by positive comments from the U.S. Fed, with financials such as Hana Financial...

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S.Korea Govt Spending Up 5.7% in Q1

South Korea does not need as much stimulus spending now that its economy is recovering, says Mark Matthews, equity strategist at Macquarie Capital Securities. He...

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Daewoo Motor Sales seeks debt rescheduling -creditor

SEOUL, April 8 – South Korea’s Daewoo Motor Sales on Thursday asked its lead creditor Korea Development Bank to allow a debt rescheduling programme for...

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Seoul shares open down led by techs autos

SEOUL, April 8 – Seoul shares opened lower on Thursday amid fresh concerns about the U.S. interest rate outlook, with falls led by key technology and auto...

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Seoul shares open down; Hyundai Heavy weighs

SEOUL, March 18 – Seoul shares opened lower on Thursday after hitting a two-month high in the previous session, with falls in Hyundai Heavy Industries after...

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Seoul shares slip 0.1 pct; autos rise

By Jungyoun Park SEOUL, March 16 – Seoul shares slipped on Tuesday as investors remained wary, pressured by falls in steel and telecom issues including SK...

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China Urged North Korea Give Up Succession Plan Asahi Says

China asked North Korea to abandon aplan for Kim Jong Il to name his third son Kim Jong Un as hissuccessor, the Asahi newspaper reported, citing unidentifiedsources....

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Comparison of Bank of Korea policy statements

SEOUL, Feb 11 – The following compares the Bank of Korea’s statement issued following its policy review on Thursday with statements issued after its...

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SKorean marines storm beach in war games with US

More than 800 U.S., Thai and South Korean marines stormed a beach Thursday with Seoul joining the annual war games for the first time. The three-week Cobra Gold...

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Seoul shares rise after Greece report; techs up

SEOUL, Feb 10 – Seoul shares opened higher on Wednesday as reports of an aid plan for heavily indebted Greece helped sentiment, with rises led by technology...

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