South Korean shares fell to the lowest in more than a week on Thursday as a private gauge of manufacturing activity in China, the country's largest trading partner, contracted to the three-month low.
Companies' first sale of stocks, or initial public offering (IPO) and corporate debt sales in South Korea recorded the highest this year in July, leading to a more than 30 percent rise in direct corporate financing, financial watchdog data showed Thursday.
Turkish movie Winter Sleep, directed by Nuri Bilge Ceylan, won the Palme d'Or (Golden Palm) for the best film at the 67th Cannes Film Festival
South Korea planned to provide its first financial aid, for the humanitarian purpose, to the Democratic People's Republic of Korea (DPRK) in more than four years, Yonhap News Agency reported citing Seoul's unification ministry officials.
Samsung Electronics, the world's No.1 maker of smartphones, memory chips and display panels, posted on Tuesday the lowest earnings in two years for the second quarter of this year due to sluggish smartphone sales and the local currency' s ascent to the U.S. dollar.
South Korea planned to expand the so- called "smart factories," or intellectualized and automated production lines, to 10,000 by 2020 with 1 trillion won (about 1 billion U.S. dollars) in financial support, the commerce ministry said Thursday.
Corporate direct financing, including bond and stock sales, in South Korea reduced in May as lack of demand for corporate bond and equity issuances, financial watchdog data showed Tuesday.
South Korea's financial regulator said Monday that it planned to privatize the country's No.2 bank rescued with bailout funds after the 1997 financial crisis.
South Korea's household loans grew at a faster pace in April as housing transactions rose during the spring house-moving season, central bank data showed Tuesday.
Rival political parties in South Korea has been going neck and neck in local elections, which were seen by many as a referendum on the Park Geun-hye administration after the ferry sinking disaster.
The Dutch film "Boys" won four awards at the 54th International Film Festival for Children and Youth which is held in Zlin, the Czech Republic, the organisers announced on Wednesday before the awarding ceremony.
The ruling African National Congress (ANC) has won the 2014 general elections, thus securing President Jacob Zuma's second term in office, the country's Independent Electoral Commission (IEC) officially announced on Saturday.
South Korea planned to frontload 7.8 trillion won (7.6 billion U.S. dollars) in the second quarter as signs of the weakening private consumption were detected following the deadly ferry sinking disaster.
Alfonso Cuaron's 3D space thriller "Gravity" has become the top prize winner at the 86th Academy Awards, taking seven of the total 24 prizes.
South Korean shares rose for five straight sessions on Monday as the U.S. Federal Reserve's decision to reduce its bond purchases was accepted as signs that the world's largest economy started to recover.
South Korea planned to raise its defense budget next year to strengthen missile and combat capabilities against possible provocations from the Democratic People's Republic of Korea (DPRK), a government report showed Thursday.
HBO garnered seven more honors at the 65th Primetime Emmy Awards ceremony Sunday in addition to the 20 awards it earned last week, bringing its total Emmy haul to 27 this year.
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