South Korea

Asia stocks edge up on optimism over global growth, dollar soft

Asia stocks edge up on optimism over global growth, dollar soft

Published 26/06/2017

FILE PHOTO: Passersby walk past in front of stock quotation board outside a brokerage in Tokyo, Japan, September 29, 2015. REUTERS/Issei Kato

Asian shares edged up on Monday on optimism for global growth, while the dollar was on the defensive as a subdued U.S. inflation outlook capped U.S. bond yields and raised questions about the Federal Reserve's plans to tighten policy.

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New U.S. ambassador to China says North Korea a top priority

New U.S. ambassador to China says North Korea a top priority

Published 26/06/2017

U.S. President Donald Trump (R) holds an umbrella over U.S. Ambassador to China Terry Branstad, former governor of Iowa, as they arrive together aboard Air Force One at Eastern Iowa Airport in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Jonathan Ernst

The new U.S. ambassador to China has said that stopping the threat posed by North Korea will be a top priority, along with resolving the U.S.-China trade imbalance, according to a video message to the Chinese people released on Monday.

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South Korea economy to see mild improvement this year: central bank

South Korea economy to see mild improvement this year: central bank

Published 26/06/2017

FILE PHOTO: A South Korea won note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo

South Korea's economy is expected to see gradual improvement this year thanks to manufacturing and services, the country's central bank said in a regular report on regional growth on Monday.

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Golf – Ryu projected to become world number one after Arkansas win

Golf – Ryu projected to become world number one after Arkansas win

Published 26/06/2017

(The Sports Xchange) - Ryu So-Yeon of South Korea shot a two-under-par 69 to win the Walmart NW Arkansas Championship on Sunday at Rogers, Arkansas.R

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North Korea tests rocket engine, possibly for ICBM: U.S. officials

North Korea tests rocket engine, possibly for ICBM: U.S. officials

Published 23/06/2017

A North Korean flag is pictured at its embassy in Beijing January 6, 2016. REUTERS/Kim Kyung-Hoon

North Korea has carried out another test of a rocket engine that the United States believes could be part of its program to develop an intercontinental ballistic missile, a U.S. official told Reuters on Thursday.

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Asian shares flat, stay on track for a winning week

Asian shares flat, stay on track for a winning week

Published 23/06/2017

A stock quotation board displaying Japan's Nikkei average is seen before a ceremony marking the end of trading in 2016 at the Tokyo Stock Exchange (TSE) in Tokyo, Japan December 30, 2016. REUTERS/Toru Hanai

Asian shares flatlined on Friday but remained on track for a weekly gain, while crude oil prices pulled away from this week's 10-month lows.

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Olympics: NBC monitors Korea tensions as it preps for Winter Games

Olympics: NBC monitors Korea tensions as it preps for Winter Games

Published 23/06/2017

An ice sculpture of the Olympic rings is illuminated during the Pyeongchang Winter Festival, near the venue for the opening and closing ceremony of the PyeongChang 2018 Winter Olympic Games in Pyeongchang, South Korea, February 10, 2017. REUTERS/Kim Hong-Ji

U.S. broadcaster NBC is monitoring the security situation on the Korean Peninsula and so far does not expect to change its plans to send a more than 2,000-person workforce to the Winter Games in South Korea, NBC Olympics president Gary Zenkel said in an interview on Thursday.

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After MSCI verdict, still long wait for China`s full entry to global indexes

After MSCI verdict, still long wait for China`s full entry to global indexes

Published 21/06/2017

The MSCI logo is seen in this June 20, 2017 illustration photo. REUTERS/Thomas White/Illustration

MSCI's decision to add Chinese shares to a key benchmark is a major milestone, but investors say it will be a long and rocky road ahead before the might of the world's second-largest economy is fully reflected in global indexes.

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Major change as Koepka wins U.S. Open

Major change as Koepka wins U.S. Open

Published 19/06/2017

Jun 18, 2017- Hartford, WI, USA- Brooks Koepka holds up the U.S. Open Championship trophy after the final round of the 2017 U.S. Open Championship at Erin Hills. Mandatory Credit: Mike De Sisti/Milwaukee Journal Sentinel via USA TODAY NETWORK

The winds of change were blowing at the U.S. Open on Sunday as Brooks Koepka sailed to a four-stroke victory at Erin Hills, making it the seventh consecutive major that has crowned a first-time winner.

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As art flies off the walls at Basel, buyers beware, experts warn

As art flies off the walls at Basel, buyers beware, experts warn

Published 15/06/2017

Lisa Schiff, New York based art advisor looks at the artwork 'Rob Pruitt's Official Art World/Celebrity Look-Alikes from 2016/2017' by US artist Rob Pruitt at the Unlimited exhibition during the Art Basel in Basel, Switzerland June 13, 2017. REUTERS/Moritz Hager

"When did so many people start caring about contemporary art?" wondered Marc Glimcher, head of the Pace gallery empire, as he busily made deals at Art Basel's VIP preview this week.

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