South Korea

South Korea News

  • Emerging Stocks Climb From Biggest Slump in 10 Months

    Updated 19 minutes ago

    Emerging-market stocks recovered from their steepest drop in 10 months, led by utilities and consumer- discretionary companies. Hungary’s benchmark index headed for a three-month high on a report the nation is poised to exit the European Commission’s excessive-deficit procedure.

  • Treasuries Set for Fourth Weekly Drop as Durable Goods Increase

    Updated 1 hour, 6 minutes ago

    Treasuries headed for a fourth weekly decline as a government report showed durable goods orders rose more than forecast in April, backing the case for the Federal Reserve to slow the pace of bond buying.

  • Ras Tanura Oil-Tanker Capacity Seen Falling 7.4% in Latest Week

    Updated 1 hour, 29 minutes ago

    The combined carrying capacity of oil tankers calling at Saudi Arabia’s Ras Tanura fell 7.4 percent in the week ended May 18, vessel-tracking data compiled by Bloomberg show.

  • Wolfson New Vision Is With Washing Machines You Can Talk to

    Updated 1 hour, 36 minutes ago

    Wolfson Microelectronics Plc survived three “innovate or die moments” four years ago, said Chief Executive Officer Mike Hickey. Now, the semiconductor developer has a vision of its future in voice-activated consumer products including smartphones, fridges and washing machines.

  • Asian Currencies Complete Third Weekly Decline on Fed Concern

    Updated 1 hour, 36 minutes ago

    Asian currencies had a third weekly loss on concern the Federal Reserve will scale back stimulus that has spurred fund flows to emerging markets.

  • Asian Stocks Fall on Australia Banks; Japan Shares Climb

    Updated 1 hour, 36 minutes ago

    Asian stocks declined, extending losses from the biggest decline in a year and a half, as Australian banks fell. Japan shares rose on a volatile day of trading after the biggest rout since the March 2011 earthquake.

  • Taiwan Cuts 2013 GDP Growth Forecast as Global Recovery Falters

    Updated 3 hours, 13 minutes ago

    Taiwan lowered the economic growth forecast for this year even as it reported a faster expansion in the first quarter than initially estimated.

  • North Korean Tells China His Country Is Ready for Talks

    A North Korean envoy told a top Chinese official his country is willing to return to dialogue, as the U.S. and China press the totalitarian state to come back to the negotiating table over its nuclear weapons program.

  • Google Said to Face New Antitrust Probe Over Display Ads

    Updated 16 minutes ago

    Google Inc. is facing a new antitrust probe by the U.S. Federal Trade Commission into whether the company is using its leadership in the online display- advertising market to illegally curb competition, people familiar with the matter said.

  • Soldiers Turn Entrepreneurs as One Million Exit Military

    Updated 35 minutes ago

    Robert Rummells, a U.S. Army Ranger for 22 years, says it was a natural transition when he opened a Mosquito Joe pest-control franchise in Richmond, Virginia, earlier this month.

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