May 6, 2012 / 11:07 PM / 5 years ago

S.Korea-Market Factors to watch May 7

 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
kr.rtrs@gmail.com)	
>	
   	
  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)	
 

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