SOUTH KOREA

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FACTBOX-Leading tech rivals in South Korea, Japan

In the longstanding rivalry between Japan and South Korea, near-neighbour North Asian technology industry heavyweights, the pendulum has swung Korea's way, helped by currency shifts, but also due to marketing and product savvy and nimbler production strategies.

State assets could be a tough sell for South Korea

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South Korea may have to offer steep discounts to sell key state assets such as bank stakes, to help cut a growing fiscal deficit, while pumping money into the economy to pull it safely out of a global downturn.

Nokia launches 3 phones for the CDMA standard

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The world's largest mobile phone maker Nokia launched three new CDMA phones on Wednesday and said it remained committed to the standard, which has long been overshadowed by the more global GSM.
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Indonesia says delay in LNG talks with KOGAS

Talks between Indonesia and Korea Gas Corp over liquefied natural gas (LNG) shipments have been temporarily halted, which may delay deliveries, an official at Indonesia's energy watchdog said on Tuesday.
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Asia stocks, currencies rise on risk appetite

Asian stocks rose on Tuesday after U.S. equities hit a 13-month high, while central banks intervened to curb Asian currencies as funds flowed into riskier assets on expectations economic stimulus measures will continue.
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USTR Kirk says Skouras trade pact needs new auto deal

South Korea must do more to open its market to U.S. cars before President Barack Obama will send a free trade agreement signed in June 2007 to Congress for a vote, the chief U.S. trade negotiator said on Thursday.
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Korea Life may raise around $2 bln in IPO-sources

Korea Life Insurance Co., the country's No. 2 life insurer, may raise around $2 billion through its public offering, sources with direct knowledge of the matter said, in what would be Korea's largest IPO since 2006.
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APEC to call for extra push on 2010 Doha deal: draft

Leaders of the 21 APEC economies are concerned that high level political commitment to conclude the Doha Round of world trade talks has yet to translate into substantive progress and called for a deal next year, a draft statement from the grouping seen by Reuters on Monday said.
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North Korea calls for direct talks with U.S.

North Korea called on Monday for direct talks with its long-time foe, the United States, and gave the clearest signal so far it was ready to return to nuclear disarmament talks it has boycotted for almost a year.
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Asia stocks rebound from slide, earnings a boost

Asian stocks bounced back on Friday from their worst drop in two months, with investors taking heart from the United States' return to economic growth, which gave reassurance on the recovery's staying power.
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Samsung upbeat on 2010 after record Q3 profit

Samsung Electronics , the world's top maker of memory chips and LCD screens, gave a robust outlook, signaling bigger players are set to further widen the gap over smaller firms in a tech sector recovery.
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Asia shares slump, yen benefits as safer haven

Asian shares fell sharply on Thursday after weak U.S. economic data rekindled investor worries about growth, while hedge funds sold risky assets, lifting the yen and supporting the dollar.
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Malaysia's Maxis IPO gets 4 cornerstone investors

Malaysia's biggest mobile operator Maxis has secured four cornerstone investors who will buy 28 percent of its roughly $3.7 billion initial public offering, Southeast Asia's largest in over a decade.
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Uighur film shunned due to fear over China-producer

International movie distributors have shunned a film on exiled Uighur activist Rebiya Kadeer, whom China condemns as a separatist, because they fear Beijing's wrath, the film's producer said on Tuesday.
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Why it's sane for Kim Jong-il to be crazy

For those who see North Korean leader Kim Jong-il as a dangerous lunatic prepared to risk the annihilation of his regime by launching a devastating attack on his neighbors, there is no shortage of supporting evidence.
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Asian shares slide, Aussie dollar hit by rate talk

Asian shares fell on Wednesday after a dip in U.S. consumer confidence revived worries about the pace of economic recovery, while the Australian dollar hit a two-week low as inflation data pared bets on an aggressive rate rise.
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Asia shares dip, Aussie dollar retreats on rate talk

Asian shares fell on Wednesday after a dip in U.S. consumer confidence revived worries about the pace of economic upturn, while the Australian dollar eased as inflation data made investors reduce their bets on an aggressive rate rise.
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U.S. consumer confidence up for first time since 2007

Global consumer confidence is rebounding, and in the United States has risen for the first time since 2007, amid signs the world economy is picking up although spending is still restrained, a survey showed on Wednesday.
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Honda upbeat, Daimler gloomy on car outlook

Japan's Honda Motor Co exuded optimism while Germany's Daimler AG spread gloom about the outlook for car markets on Tuesday, highlighting the patchy nature of any post-crisis rebound.

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