SOUTH KOREA

LG Elec Q3 misses consensus; handset loss widens

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South Korea's LG Electronics reported a wider-than-expected quarterly loss on Wednesday, with its mobile phone division sinking deeper into the red, dashing hopes of a recovery in its struggling smartphone business.

Ford tumbles 10 spots in reliability study

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Ford Motor Co tumbled 10 spots in a widely watched reliability study due to problems with the new touch-screen entertainment system in some of its models and transmission issues in two of its most popular cars.
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POSCO meets forecast, cuts capex by 18 percent

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, cut its 2011 investment plan and painted an uncertain outlook after posting a consensus-meeting profit for the third quarter.
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POSCO profit up 6 percent, meets forecast

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, posted a 5.9 percent rise in profit for the third quarter, meeting consensus, thanks to higher sales volume and prices.

Senate Approves Bryson as Commerce Secretary

The U.S. Senate, on a bipartisan vote of 74-26 on Thursday, confirmed former energy company executive John Bryson as commerce secretary, despite the objection of some Republicans due to his background as an environmentalist.
A motorist pumps fuel into his vehicle at JJ&#039;s Express Gas Plus station in Phoenix gas station in Phoenix

Eni Mozambique find fuels East Africa gas buzz

Italian oil group Eni said on Thursday it had made a giant natural gas discovery off Mozambique, the biggest in its history, confirming expectations that East Africa is set to emerge as a major gas exporter after recent finds.
Canada selects shipyards to modernize Navy

Canada selects shipyards to modernize Navy

Canada will sign contracts with shipyards in Nova Scotia and British Columbia under a C$35 billion ($35 billion) shipbuilding program, the largest in the NATO country's history.
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Tokyo Film Fest Hopes to Cheer Disaster-Hit Japan

The 24th Tokyo International Film Festival kicks off Saturday with a diverse slate of art house and mainstream fare, but the biggest theme at the annual event may be the country's real-life struggle to recover from the massive March earthquake and tsunami.
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Rambus jury deliberates, reviews more testimony

The jury in Rambus Inc's $4 billion antitrust lawsuit against Micron Technology Inc and Hynix Semiconductor Inc is reviewing more testimony from the trial in its fifth week of deliberations.
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Paris G20 finance chiefs closing remarks

G20 finance ministers and central bank governors put strong pressure on euro zone leaders at a two-day meeting in Paris to come up with a convincing solution to the bloc's debt crisis and avert the risk of a fresh global recession.
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Nanotube Yarns can Twist Like Muscles

Yarns, made of the tiny straws of carbon called nanotubes, have an astounding ability to twist as they contract, according to scientists. The effect, reported in Science, is similar to the action of muscles found in elephant trunks and squid tentacles.
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S.Africa stocks up, Telkom boosted by deal talk

South African stocks rose more than 1 percent on Friday, capping their best weekly performance in six weeks, as shares of Kumba Iron Ore and other resource firms gained after data from China boosted hopes of greater demand from the country.
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Obama, Lee Hail Trade Deal, Pressure North Korea

President Barack Obama and South Korean President Lee Myung-bak on Thursday hailed a long-sought trade deal as an engine for job creation in both countries and presented a united front in the North Korean nuclear standoff.
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Goldman, Citi among banks on list for Hyundai Oilbank's IPO

Hyundai Oilbank, South Korea's smallest crude oil refiner, has narrowed down a group of banks to handle its up to $2 billion IPO planned for early next year, with Goldman Sachs, Credit Suisse, and Citigroup among the firms selected, sources with direct knowledge of the matter said on Friday.

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