Result Page 235 for South Korea news & latest pictures from ibtimes.com

U.S. Fed reopens currency swap lines with ECB, others

The U.S. Federal Reserve reopened currency swap facilities with other major central banks on Sunday to help ease market strains in Europe.

Peabody pares bid for Australia's Macarthur Coal

The impact of a proposed tax on mining firms in Australia hit home on Monday as Peabody Energy cut its takeover bid for Macarthur Coal and Xstrata suspended copper exploration work in Queensland, both citing the tax.

A Not-So-Calm Day in South Korea

Japan and South Korea share numerous things in common - among them: nameless streets, a tendency of co-workers to go out with each other after work for drinks, students studying ridiculous hours to prepare for university entrance exams, and cuisines typically unfriendly for vegetarians.

Euro zone warned of contagion

European leaders warned on Wednesday that the euro zone debt crisis could spread like a bushfire beyond Greece, and investors sold stocks and the euro as Greek anti-austerity unrest claimed its first lives.

More news

Duty hike to hit India's iron ore export

India's recent decision to raise the duty on iron ore lumps will rein in export of the commodity further. The government last week increased the export duty on iron ore lumps to 15% from 10% to discourage exports and improve raw material availability for local steel mills. India's iron ore lump exports was around 11 million tonnes in 2009-10 and declined by 28% in the past four years from a peak of 15.3 million tonnes in 2006-07.

Investors skeptical of record Greek bailout

Markets reacted skeptically on Monday to a record 110 billion euro ($145 billion) bailout for Greece, with investors doubting it would offer more than temporary relief to a euro zone shaken by divisions and saddled with high debt.

Greeks face long hardship as gov't seals huge rescue

Greece committed itself to years of painful sacrifices to secure a massive European Union and IMF financial bailout on Sunday, and Germany's chancellor finally threw her full support behind the rescue.

E.Asia finance ministers see asset price, inflation risks

Finance ministers from east Asian countries on Sunday cited rising global asset prices and inflationary pressures and sovereign debt risks' possible impact on capital inflow as the key risks facing their economies.

Forex - China fin min says not to let yuan rise sharply

China reaffirmed on Sunday its resistance to pressures to let the yuan CNY=CFX rise sharply, dismissing arguments that its foreign exchange policy was mainly responsible for the country's trade surplus.

Stocks rise, euro wavers, await Greek rescue news

Stocks rose on Friday and the euro steadied on hopes that a fractious European Union will agree on a bailout package for Greece within days as it struggles to keep the debt crisis from spreading to other weak countries.

Samsung Elec posts record Q1, says optimistic on Q2

Samsung Electronics Co Ltd, the world's top maker of memory chips and flat screen TVs, reported record quarterly results, powered by robust demand for chips and flat-screen TVs.

Samsung posts record Q1 on strong chips, TVs

Samsung Electronics Co Ltd , the world's top maker of memory chips and flat screen TVs, reported record quarterly results, powered by robust demand for chips and flat-screen TVs.

Hyundai-Kia targets 23 pct growth in 2010 China sales

South Korea's Hyundai Motor Co and Kia Motors Corp are aiming to bump up sales in China by almost a quarter this year, heating up competition with global and local rivals.

Pru gets South Korea anti-trust nod for AIA deal: FTC

Britain's Prudential Plc has secured South Korean anti-trust approval for its planned $35.5 billion takeover of American International Group Inc's Asian life insurance business, a Korean Fair Trade Commission official said. told Reuters on Thursday.

Prudential gets Korea anti-trust nod for AIA deal: FTC

Prudential Plc has secured South Korean anti-trust approval for its planned $35.5 billion takeover of American International Group Inc's Asian life insurance business, a Korean Fair Trade Commission official told Reuters on Thursday.

Honda cautious as rivalry heats up

Honda Motor Co forecast a smaller-than-expected 10 percent rise in full-year operating profit on Wednesday, warning tough competition would dent gains from improving sales in the United States and China.

Honda cautious on full year as competition heats up

Honda Motor Co forecast a smaller-than-expected 10 percent rise in full year operating profit and warned of stiffer competition as Korean and U.S. automakers roll out models to rival its fuel-efficient line-up.

Honda's greener line-up to drive profits, U.S. sales

Honda Motor Co , Japan's No.2 automaker, forecast a 10 percent rise in operating profit this year as demand in its biggest and most profitable U.S. market recovers from a multi-decade low.

U.S. students suffering from Internet addiction: study

NEW YORK (Reuters Life!) - Crackberry is no joke.

Hyundai posts record Q1 net on emerging market

Hyundai Motor Co's strong performance in emerging economies and growing U.S. market share drove it to a record net profit in the first quarter and should cushion it from a stronger won and rising input costs.

Asia stocks fall, euro dips on Greece woes

Asian stocks fell on Thursday as several major U.S. firms issued disappointing outlooks, casting doubts on the strength of a global recovery, and as investors grew impatient for action on Greece's debt crisis, weighing on the euro.

Hyundai Motor Q1 profit soars

Hyundai Motor Co delivered an earnings surprise with quarterly profit more than quadrupling, aided by a strong performance in the fast-growing Chinese and Indian markets and growing share in the United States.

Earnings lift equities, Greece stays in focus

Strong earnings from tech stock Apple and other U.S. companies helped lift global stocks on Wednesday, boosting tech-heavy markets in Asia and feeding optimism about the global economic recovery.

Tech inspires Asian stocks higher, euro struggles

A technology-inspired rally lifted Asian stocks on Wednesday, after Apple Inc unveiled results that blew past Wall Street's expectations, while the euro suffered more falls on fears over debt-stricken Greece.

Tech drives Asia stocks higher

Asian stocks rose on Wednesday, led by gains in tech shares after Apple Inc unveiled results that blew past Wall Street's expectations, while the euro struggled as worries mounted about debt-stricken Greece.

Asian chipmakers see firm growth; Samsung capex eyed

Asian chipmakers are set to deliver another set of strong results and cement growing views that the global technology sector's recovery is accelerating as an economic recovery boosts corporate and consumer spending.