SEOUL U.S. hedge fund Elliott ramped up a campaign to block a proposed $8 billion merger of two Samsung Group firms on Thursday, laying out its case online a day before a court hearing on a deal seen key to a leadership succession in the family-run conglomerat... More »
SEOUL An outbreak of Middle East Respiratory Syndrome (MERS) threatens to deal a blow to South Korea’s economic recovery, Moody’s Investors Service said on Thursday, as the Health Ministry reported three new cases, the lowest daily increase in 17 days. The Wor... More »
SEOUL South Korea has sealed off two hospitals that treated people with a deadly respiratory disease, officials said, even as the outbreak that has been spreading through health facilities could have peaked, with just four new cases on Friday. Middle East Resp... More »
SEOUL Tech giant Samsung Electronics Co Ltd plans to offer a mobile payments function in a smartwatch to be launched in the second half of the year, South Korea’s Electronic Times newspaper reported on Monday citing unnamed sources. Samsung would use near-fiel... More »
SEOUL Hyundai Motor, whose sedan-heavy lineup has held it back in a U.S. market powered by sport utility vehicles, is considering developing larger SUVs based on its Genesis luxury sedan, four people familiar with the matter told Reuters. However, it could tak... More »
TOKYO The dollar marched to a two-month high versus the yen on Monday and carved out fresh ground against other major currencies after stronger-than-expected underlying U.S. inflation supported the Federal Reserve’s case for a rate hike later this year. The U.... More »
