SEOUL, May 7 (Reuters) - Following is a list of events in South Korea as well as news stories and press reports which 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 firstname.lastname@example.org) >
TOP STORIES >S.Korea c.bank chief: growth, inflation risks equal >World powers urge N.Korea to refrain from nuclear >Clinton says U.S. willing to work with N.Korea >SK hynix drops bid for Japan's Elpida, shares jump >BMW, Hyundai in alliance talks on engines - source
MARKETS >S.Korea won falls on weak U.S. data, bonds up >KOSPI slip, led by blue-chips, but gain on the week MARKET SNAPSHOTS *Wall Street ended its worst week this year with a sharp selloff on Friday after a slowdown in job creation in the world's top economy raised the biggest question mark yet about the prospects for U.S. growth. *Oil tumbled 2.5 percent on Friday, with U.S. crude below $100 a barrel for the first time since February, as an abrupt slow-down in U.S. hiring soured economic sentiment and technical triggers intensified selling. *Global stocks swooned and crude oil tumbled on Friday after a weak U.S. jobs report and data that suggested a deeper recession across the euro zone than previously thought dented sentiment.
*Seoul shares edged lower on Friday after soft U.S. data stoked concern that the recovery of the world's largest economy may be losing steam, but the main Korean index managed a gain for the week.
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. >GS Global Corp announced that it purchased a 20 percent stake worth $310 million in the Nemaha oil fields in Oaklahoma. 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 Iktae Park; Editing by Jonathan Hopfner)