SOUTH KOREA

IBTimes Logo

Asia infotech trade surged in financial crisis-UN

Asian exporters of computer and communications equipment in 2009 boosted their grip on the sector during the global financial crisis and now hold two-thirds of the trade, figures issued on Wednesday showed.
More news
IBTimes Logo

China, India PMIs foreshadow rising inflation

Input prices jumped in Chinese and Indian factories in January, adding to pressure from food inflation that the fast-growing economies are already struggling to contain, business surveys showed on Tuesday.
IBTimes Logo

China PMI foreshadow rising inflation

Input prices jumped in Chinese and Indian factories in January, adding to pressure from food inflation that the fast-growing economies are already struggling to contain, business surveys showed on Tuesday.
IBTimes Logo

Honda eyes bigger full-year profit as Q3 tops forecast

Honda Motor Co is on track for its strongest earnings in three years after raising its outlook above market expectations thanks to a recovery in the United States, where improving profitability is countering a strong yen and sliding Japanese sales.
IBTimes Logo

India approves $12 billion POSCO steel mill

India's environment ministry approved on Monday South Korean POSCO's plans for a $12 billion steel mill, a boost for the foreign investment climate after several setbacks for big ticket industrial projects.
IBTimes Logo

Toshiba Q3 profit jumps, maintains outlook

Toshiba Corp posted 37.46 billion yen ($456.3 million) in operating profit for October-December, compared with 14.49 billion yen in the same period the previous year, on healthy sales of NAND flash memory used in smartphones and tablet computers.
IBTimes Logo

Honda eyes bigger full-yr profit as Q3 tops forecast

Honda Motor Co raised its annual profit outlook above market expectations as a recovery in the key U.S. market helps counter the strong yen and sliding Japanese sales, which weighed on third-quarter earnings.
IBTimes Logo

Honda Q3 tumbles but outlook lifted above consensus

Honda Motor Co <7267.T> raised its cautious annual outlook beyond market expectations as a recovery in the key U.S. market helps counter the strong yen and sliding Japanese sales, which dragged its third-quarter profits down 29 percent.
IBTimes Logo

Dollar slips to 11-week low after Fed, stocks

The U.S. dollar slipped on Thursday to 11-week lows, while commodity prices and Asian stocks rose after U.S. Federal Reserve policymakers voted unanimously to maintain a $600 billion bond-buying plan to fuel an economic recovery.

South Korea names date for powwow with North

South Korea today proposed a time and place to meet with North Korea, following an agreement the nations reached last week to resume talks. The meeting is projected to take place on Feb. 11 in the Demilitarized Zone that separates the two nations.
IBTimes Logo

LG Elec posts record loss on phones, TVs

South Korea's LG Electronics reported a record quarterly loss on Wednesday, as its phone business remained weak and its TV division also lost money, hurt by steep price declines in television.

Breakthrough after U.S. warns China on North Korea

The United States warned China it would redeploy forces in Asia if Beijing failed to rein in North Korea, an Obama administration official said on Friday, as Pyongyang bowed to Seoul's demands for crisis talks.

Hu's U.S. visit sets new tone but tensions remain

Chinese President Hu Jintao headed home on Friday after a U.S. visit both sides declared a success, but which left questions over how the world's top two economic powers will manage future frictions.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.