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S.Korea-Market Factors to watch on Jan 23
January 22, 2013 / 11:01 PM / 5 years ago

S.Korea-Market Factors to watch on Jan 23

SEOUL, Jan 23 (Reuters) - Following is a list of events in
South Korea as well as news stories and press reports that may
influence financial markets:
>Storms shut Australian iron ore ports              
>UN rebukes N.Korea, tightens sanctions             
>Mississippi River traffic halt after collision     
>S.Korea won pares intraday losses on Japan         
>KOSPI up, yen firms after BOJ strikes fine balance 

   * Bank and commodity shares led the Standard & Poor's 500 to
a fresh five-year closing high on Tuesday on hopes that the
global economy continues to mend. 
   * The yen rose to a three-day high against the dollar on
Tuesday after the Bank of Japan said its open-ended commitment
to buy assets would kick in only next year, disappointing those
who expected more aggressive monetary easing. 
   * Oil prices rose on Tuesday, supported by Bank of Japan
plans for asset buying and strong investor confidence data from
Germany that boosted the outlook for fuel demand. 
   * South Korean shares rose on Tuesday, with technology and
auto sectors gaining ground after the yen firmed as the Bank of
Japan announced an open-ended commitment to asset purchases but
said the new scheme would not take effect until next year. 
   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.
   > Hyundai Oilbank Co Ltd and Shell Petroleum
Company held a groundbreaking ceremony yesterday for a new
lubricant plant which is scheduled to be completed in 2014.
   > LG Electronics Inc announced that it plans to
launch the long-term evolution (LTE) smartphone "Optimus G" in
50 countries across Europe, Asia, Latin America, and Africa in
the first quarter. 
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             
Emerging markets report 
    DIARIES & DATA:   
    U.S. earnings diary       
    European diary       
    Asia Macro         
    Front Page       Asian companies     
    U.S. company News European companies  
    Forex news        Global Economy    
    Tech, Media and Telecoms                       

 (Compiled by Daum Kim; Editing by Richard Pullin)

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