South Korea

Hyundai's revamped Sonata yet to rev up key U.S. market

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SEOUL - The revamped Sonata sedan was supposed to help Hyundai Motor Co reverse sluggish sales, but the car described by some critics as a bland substitute for its popular predecessor is off to a slow start in the key U.S. market.

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South Korea third-quarter GDP seen rebounding, but global woes pose risks 22 Oct 2014

SEOUL - South Korea's economy is expected to have rebounded modestly in the July-September quarter after slowing sharply in the previous three months, a Reuters survey showed, but cooling global growth is expected to keep the door open for further monetary policy easing.

South Korean firms, unfazed by slowing economy, step up China investment 22 Oct 2014

SHANGHAI/SEOUL - South Korean firms have accelerated investment into China by a third this year, encouraged by improving diplomatic ties including a pending free trade deal.

South Korean firms, unfazed by slowing economy, step up China investment 22 Oct 2014

SHANGHAI/SEOUL - South Korean firms have accelerated investment into China by a third this year, encouraged by improving diplomatic ties including a pending free trade deal.

South Korean firms, unfazed by slowing economy, step up China investment 22 Oct 2014

SHANGHAI/SEOUL, Oct 22 - South Korean firms have accelerated investment into China by a third this year, encouraged by improving diplomatic ties including a pending free trade deal.

INTERVIEW-S.Korea may open bond auction window early to gauge demand 22 Oct 2014

SEOUL, Oct 22 - South Korea may open its market for weekly treasury bond auctions a few days in advance of actual bidding in a move to gauge demand and improve monitoring of yields in the face of market volatility, a top finance ministry official told Reuters.

Heirs of Samsung's Lee don't plan to sell shares in holding firm IPO: source 21 Oct 2014

SEOUL - The children of the Samsung Group's [SAGR.UL] patriarch do not plan to sell their shares in an IPO by Cheil Industries Inc, the de facto holding company for South Korea's largest conglomerate, a source with direct knowledge of the matter said on Tuesday.

Heirs of Samsung's Lee don't plan to sell shares in holding firm IPO: source 21 Oct 2014

SEOUL - The children of the Samsung Group's [SAGR.UL] patriarch do not plan to sell their shares in an IPO by Cheil Industries Inc, the de facto holding company for South Korea's largest conglomerate, a source with direct knowledge of the matter said on Tuesday.

S.Korea warns it may cancel BAE systems contract to upgrade F-16 jets 21 Oct 2014

SEOUL/WASHINGTON, Oct 21 - South Korea said it could cancel a planned $1 billion-plus deal for BAE Systems Plc to upgrade its F-16 fighter jets and seek a new different contractor if talks with the British company do not proceed smoothly.

South Korea concert victims' families call for leniency 20 Oct 2014

SEOUL - The families of 16 people who died after falling through a ventilation shaft at a South Korean open-air concert asked for leniency on Monday for event organisers despite fresh concerns about safety six months after a ferry disaster.

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Attack on parliament, killing of soldier stun Canada's capital

OTTAWA - A gunman attacked Canada's parliament on Wednesday, with shots fired near where Prime Minister Stephen Harper was speaking, and a soldier was killed at a nearby war memorial, stunning the Canadian capital. | Video