September 26, 2012 / 10:57 PM / 5 years ago

S.Korea-Market Factors to watch on Sept 27

SEOUL, Sept 27 (Reuters) - Following is a list of events in
South Korea as well as news stories and press reports that may
influence financial markets.
    
    TOP STORIES
> RIM shares rally as new BlackBerry inspires hope  
> Japan auto makers to slow production in China     

    MARKETS
> S.Korea won down on offshore plays, importers     
> KOSPI drop to two-week low; builders weigh        
            
    MARKET SNAPSHOTS
    * The S&P 500 fell for a fifth straight day on Wednesday as
protests in Spain and Greece over euro zone austerity measures
raised fresh concerns over Europe's ability to get its debt
crisis under control. 
    * World shares slumped and the euro hit a two-week low on
Wednesday as growing opposition in Europe to measures aimed at
resolving the euro zone's debt crisis unnerved investors already
skittish about the weak outlook for global growth.  
   
    * Crude oil prices fell as the euro zone crisis reinforced
concerns about slowing economic growth, while U.S. gasoline
futures jumped more than 3 percent due to depressed inventories
and supply uncertainty. 
    * Seoul shares fell to their lowest levels in nearly two
weeks, with some market participants saying that the correction
could continue for the rest of the week as worries about the
health of the global economy preoccupy investors. 
    
   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.
    
    > Korean Air Lines Co Ltd said it won a 35
billion won ($31 million) maintenance contract from the U.S. Air
Force to upgrade F-16 fighter jets over the next 5-1/2 years.  
    
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 
($1 = 1119.3750 Korean won)

 (Reporting by Daum Kim; Editing by John Mair)

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