SOUTH KOREA

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GM says to talk to KDB on GM Daewoo stake

General Motors Corp will talk to the Korea Development Bank about selling a stake in GM Daewoo, if that would help its South Korean carmaking unit in the long term, Nick Reilly, President GM Asia Pacific, said on Friday.
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InBev picks KKR as buyer of South Korea brewer

Anheuser-Busch InBev has picked private equity firm Kohlberg Kravis Roberts & Co as preferred buyer of South Korea's Oriental Brewery , a company official said on Monday, confirming a report.
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North Korea to boycott nuclear talks

North Korea will stay away from international nuclear disarmament talks, Russia's foreign minister said on Friday after visiting the secretive state and pressing Pyongyang to return to the sputtering discussions.
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North Korea to boycott nuclear talks: Russia

North Korea will stay away from international nuclear disarmament talks, Russia's foreign minister said on Friday after visiting the secretive state and pressing Pyongyang to return to the sputtering discussions.
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Geithner says downturn may be easing

The global economic downturn has shown signs of easing in recent weeks, although significant risks remain, U.S. Treasury Secretary Timothy Geithner said before a meeting of G20 officials in Washington on Friday.
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Samsung profit beats forecasts, down 72 percent

Samsung Electronics , the world's top maker of memory chips and LCD screens, reported on Friday a 72 percent drop in quarterly net profit on weak chip prices, but the result vastly exceeded forecasts thanks to strong handsets.
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Hyundai, tech fuel Asia stock gains

Stocks staged a comeback across most of Asia on Thursday as a larger-than-expected profit from Korea's Hyundai fed optimism that the auto sector could be nearing a turnaround and tech shares found strength on the back of buoyant earnings from Apple .
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eBay wins regulator approval for Gmarket deal

U.S. online auctioneer eBay Inc won final approval from South Korea's antitrust watchdog for its planned acquisition of Gmarket Inc, subject to conditions such as a commission freeze for the next three years.
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Caution on banks keeps a lid on Asia stocks

Stocks in Japan and South Korea rose on Wednesday but most Asian markets slipped as caution spread, pushing up the U.S. dollar and yen, before official results of U.S. bank stress tests are released on May 4.
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Rare talks among Koreas fizzle over venue row

Rare talks between North and South Koreas fizzled on Tuesday with the rivals unable to even agree on a venue for the meeting, which had already been clouded by Pyongyang's threat to restart its nuclear arms plant.
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IAEA urges sticking to talks with North Korea, Iran

U.N. nuclear watchdog chief Mohamed ElBaradei said on Monday more talk and deeper trust were needed to defuse nuclear disputes with North Korea and Iran, and urged Washington to stick to dialogue with both states.
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Asia governments dangle carrots to attract green money

Asian governments are warming to the idea of offering incentives for green investment and could help attract billions of dollars in funding for solar and wind power industries struggling under tight credit conditions.
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Asia stocks edge up, but Aussie and oil retreat

Asian stocks edged up on Monday, holding near a six-month peak and withstanding an early bout of profit-taking as investors eyed a slew of corporate earnings reports around the world this week.
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South Korea's prophet of doom blogger acquitted

A South Korean court acquitted a blogger on Monday of spreading false information, in a case that triggered debate about freedom of speech in cyberspace and critics said was only launched because his economic doom postings angered authorities.
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Regional powers aim to rein in North Korea

Russia's foreign minister will visit North Korea next week, a source said on Friday, as regional powers try to prevent the state from restarting its nuclear arms plant and defuse tensions that have rattled regional security.
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China insists North Korea talks still alive

China insisted on Thursday that six-party disarmament talks remain the way to defuse conflict over North Korea's nuclear ambitions, despite Pyongyang abandoning the process and expelling U.N. inspectors.

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