LG Household & Health Care Ltd., a South Korean cosmetics and beverages company, is considering a bid for fragrance maker Elizabeth Arden Inc. as it looks to expand locally and overseas by buying rivals.
Samsung Heavy Industries Co., the world’s second-largest shipyard, fell to its lowest level in more than two years in Seoul trading after the Korea Economic Daily said Samsung Group is auditing the company.
Google Inc.’s stake in the outcome of a $2 billion trial over smartphones using its Android operating system was revealed by testimony that the company indemnified Samsung Electronics Co. against some of Apple Inc.’s patent claims.
Emerging-market stocks fell for a third-day, led by Chinese shares after a manufacturing gauge signaled a fourth month of contraction in the world’s second- biggest economy. The yuan touched its lowest level since 2012.
As the official death toll from a South Korean ferry that sank last week grew to more than 100, newspaper editorials suggest the national mood was shifting from grief to outrage at the government’s handling of the tragedy.