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S.Korea-Market Factors to watch June 25
SEOUL, June 25 (Reuters) - Following is a list of events in
South Korea as well as news stories and press reports that may
influence financial markets.
(Reuters News welcomes your feedback and for any queries, please
contact the Seoul newsroom at +822 3704 5640 or via email at
kr.rtrs@gmail.com)
TOP STORIES
>Posco wants return to annual ore contracts
>Samsung Engineering wins $2.5 billion UAE deal
>Smart logic: Samsung chips away at Intel lead
>Samsung probes "exploding" Galaxy phone in Ireland
>S.Korea LNG stocks at 2.1 mln T on summer demand
>Sony to invest $997 mln on CMOS sensor output
>Sony, Panasonic to announce OLED tie-up next wk
>Travel Postcard: 48 hours in Seoul
>Olympics-India's Nehwal blasts out double warning
MARKETS
>KOSPI fall on euro zone doubts, weak U.S. data
>Korea won falls, posts 4th week of gains; bonds up
MARKET SNAPSHOTS
* U.S. stocks ended higher on Friday, led by gains in bank
shares, as the S&P 500 index bounced back from its second-worst
decline of the year.
* Oil bounced from 18-month lows on Friday as investors
shifted their focus to efforts to resolve Europe's debt crisis,
while U.S. stocks rebounded from the second-worst decline of the
year.
* Brent oil futures closed about 2 percent higher near $91
a barrel on Friday as it rebounded on bargain hunting after
prices earlier fell to an 18-month low and U.S. crude futures
rose in reaction to a potential storm in the Gulf of Mexico that
could disrupt production.
* Seoul shares fell on Friday as foreign investors
offloaded shares to minimize risk exposure before the weekend
after Spain's medium-term borrowing costs rose to a record high
and a string of data showed slowing manufacturing growth
worldwide.
IN THE KOREAN PRESS
Following is a summary of local press reports translated by
Reuters. Reuters has not verified the content of these reports
and does not vouch for their accuracy.
>Samsung Electronics Co Ltd is set to release two
types of the window 8 tablet PCs this October.
>STX Offshore & Shipbuilding Co Ltd established a
joint venture with United Shipbuilding Corp, Russia's public
shipbuilding corporation, to win LNG shipbuilding contracts.
>Samsung Electronics Co Ltd's Galaxy S3 records
highest sales in Europe compared to other competing brands, said
numerous European product evaluators.
Latest KR stock report Latest money report
Latest stocks KR press digest
KR main diary KR IPO diary
Global Markets report Oil Markets report
New York Stocks Asia stock outlook
Emerging markets report
(Reporting by Laeticia Ock; Editing by Eric Meijer)
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