SOUTH KOREA

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Goldman to sell S.Korea cable operator stake: paper

Goldman Sachs is selling its 30.48 percent stake in South Korean cable TV operator C&M, valued at $970 million, a newspaper said on Monday, in the latest sale of Korean assets by foreign investment firms.
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U.S. groups present divided view of South Korea pact

U.S. businesses painted dramatically different portraits of a new trade deal with South Korea on Wednesday, some touting lucrative sales opportunities and others charging the Bush administration had brought home an abominable deal for U.S. workers.
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Samsung Card raises $620 mln in above-range IPO

Samsung Card Co. Ltd. on Thursday raised a higher-than-expected 576 billion won ($619.7 million), pricing its share sale above an indicated range on heavy investor demand and waking up a sleepy Seoul IPO market.
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Semiconductor Equipment Sales Reach New Highs

Semiconductor equipment sales reached a record breaking high in 2006 according to a new report, bringing in the highest revenues since the technology boom at the turn of the century.
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Hynix Overturns DRAM Market with Remarkable Quarter

Hynix Semiconductor Inc.'s remarkable performance in the lucrative memory market for DRAM surpassed all but one of its rivals, as it rose to take second place in market share growth and revenue in the fourth quarter, and all of 2006.
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Asian Carmakers Shift Up to Lift Europe Margins

Asian carmakers aim to churn out higher profits in Europe by moving up-market now that they have established a solid foothold in the region, while their local rivals struggle with excess inventories and restructuring costs.
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Cyworld Signs Hollywood Agent to Recruit Partners

Korean social networking Cyworld's recently launched U.S. unit said on Thursday it signed with a Hollywood talent agency to help it win licensing deals with media properties that appeal to young Web users.
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DaimlerChrysler, Chery Close to Car Deal: Sources

Auto giant DaimlerChrysler AG is in detailed discussions with China's Chery Automobile to make cars for sale in the United States and other markets and could finalize the deal soon, sources said on Friday. Most funding would be from DaimlerChrysler with U.S. models labeled as Chrysler.
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China Leads in Semiconductor-Spending Growth

While the Unites States still leads the world with nearly 40 percent of global semiconductor purchasing, China is expected to achieve the leading growth among the top 10 nations, according to research released on Thursday.
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Softbank Unveils 13 New Cellphones From Oct.

Japan's Softbank Corp. (9984.T) unveiled 13 new cell phone models on Thursday to compete with bigger rivals when a rule change in October lets mobile phone users keep their phone numbers if they switch carriers.
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Venture capital looks to find its global footing

Faced with mounting pressures of doing business in Silicon Valley, the venture capital industry is going global, albeit in stops and starts that reflect the risks of doing business in foreign lands.
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Minerva drops plans for skyscraper

Property group Minerva has dropped plans to build what would have been the City of London financial district's tallest office block, saying on Monday the project was too big for a company of its size.
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China consumers turn cautious on P&G skin-care row

Public anger in China over a popular skin-care line has become a public relations headache for Procter & Gamble , underlining the challenges foreign firms face as they contend with increasingly discriminating consumers.
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Sharp visits LG.Philips as Philips seeks buyer: report

High-level executives from Japan's Sharp Corp. traveled to South Korea last week to visit LG.Philips LCD Co. Ltd., as Philips seeks a buyer for its 32.9 percent stake in the Korean LCD firm, Taiwan media reported on Friday.
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IMF and World Bank to pursue internal reforms

As the International Monetary Fund embarks on a second round of reforms to give developing countries more say in the institution, the World Bank signalled on Wednesday that it was ready to go the same route.
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IMF to pursue internal reforms, World Bank to follow

An agreement to boost the voting power of emerging nations in the International Monetary Fund is just the start of a difficult process, the IMF's head said on Wednesday, as the World Bank signaled it was ready to go the same route.

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