January 9, 2013 / 10:57 PM / 5 years ago

S.Korea-Market Factors to watch on Jan 10

SEOUL, Jan 10 (Reuters) - Following is a list of events in
South Korea as well as news stories and press reports that may
influence financial markets:
>TransCanada to build $6.6bln gas lines for Petronas 
>Samsung seeks broader chip base as Apple cuts loose 
>Strong won curbs S.Korea Dec import prices         
>Panasonic considers headcount savings, asset sales 
>KOSPI falls for fifth day on Q4 earnings concerns  
>S.Korea won edges up on local exporters;bonds down 

    * U.S. stocks rose on Wednesday, rebounding from two days of
losses, as investors turned their focus to the first prominent
results of the earnings season. 
    * Global equities rose modestly on Wednesday after aluminium
maker Alcoa opened the U.S. earnings season with a
brighter outlook for global demand, though the results did not
give a clear direction of how well corporations did during the
fourth quarter. 
    * Oil futures fell slightly on Wednesday after government
data showed U.S. fuel stocks rose sharply last week, a sign of
ample supply in the world's top consumer of oil. 
    * South Korean shares fell for a fifth straight session on
Wednesday as investors remained cautious about the lacklustre
outlook for upcoming fourth-quarter corporate earnings results. 

    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.
    > Kia Motors Corp said on Wednesday that it will
lower its new K9 model prices by up to 2.9 million won ($2,700)
as part of efforts to strengthen its competitiveness against
imported cars in the Korean market. 
    > Korean Air Lines Co Ltd announced on Wednesday
that it will introduce two Airbus A380 passenger jets and seven
other aircraft this year in a bid to boost its competitiveness. 
($1 = 1061.6250 Korean won)        
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 Jane Chung; Editing by Richard Pullin)

Our Standards:The Thomson Reuters Trust Principles.
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