South Korea

Asian stocks tumble as commodity fall continues on thin volumes

Asian stocks dropped on low trading volume as commodity producers followed fall in industrial metals and crude oil. Investors and institutions are in the wait and watch mode ahead of US Fed's meeting in December.

Read Full Article

Groupon appoints Rich Williams as CEO, with a promise to refocus in the US

Deal service Groupon announced Tuesday that it has promoted Rich Williams as the chief executive of the company replacing co-founder Eric Lefkofsky, who is now back to his role as the chairman.

Read Full Article

South Korea and Japan break diplomatic freeze during trilateral summit

The leaders of South Korea and Japan have finally decided to break their long-standing diplomatic freeze in favor of combining forces to address North Korea's nuclear ambitions.

Read Full Article

GoPro misses revenue targets on sluggish sales, marketing mistakes

GoPro Inc has announced quarterly results below the market forecast as the demand for new cameras has been sluggish in the market. Recently launched wearable cameras haven't been received well by the market.

Read Full Article

South Korea, China, and Japan to discuss free trade deal at Seoul summit

China, South Korea, and Japan have announced plans to reignite a three-party summit that was halted on 2012 due to lingering animosity towards Japan's part in WWII.

Read Full Article

Evernote cuts down 47 jobs, closes three global offices

Evernote Corporation had layoff 47 of its workers and closes three of its global offices. Reports confirmed affected locations were in Moscow, Singapore and Taiwan. Evernote CEO Chris O'Neill wrote in the company blog on Tuesday that Evernote had reduced 47 jobs. The company shuts down operation in three offices as well. "Today we let go of 47 people from the Evernote team and announced the closure of three of our global offices. We are grateful for the immense contributions of each and every affected person."

Read Full Article

Asian growth plans at risk due to China meltdown

Chinese factor is impacting significantly growth plans of several economies in the Asian region. The uncertainty in the stock markets and volatility in the foreign exchange (forex) have kept the many Asian nations in a gripping situation.

Read Full Article

UK testing motorways that charge electric cars as they drive

Charging an electric car in the United Kingdom may soon be as convenient as charging a phone. The British government is testing later this year a motorway that enables electric cars to charge as they drive, using magnetic induction technology.

Read Full Article

Delta Air Lines looks to strengthen global partnerships

Delta Air Lines Inc (DAL.N) is hoping to strengthen partnerships with carriers in South Korea, Mexico and Brazil, and it has been approached about investing in Japan's bankrupt Skymark Airlines, Delta's president Ed Bastian told reporters Monday.

Read Full Article

Bernanke sees no risk of hard landing in China, bullish on U.S. economy

Former Federal Reserve Chairman Ben Bernanke said that China's economic slowdown should not worry markets as there was no risk of a hard landing, and emphasized that a move to raise U.S. rates should be viewed as a positive sign for the world's largest economy.

Read Full Article

China, Japan, South Korea commit to economic policies supporting demand

Central bankers and finance ministers from China, Japan and South Korea said on Sunday they remained committed to policies to support demand in the face of moderate and uneven global growth.

Read Full Article

U.S., UK, China manufacturing all in slow lane

Manufacturing activity growth remained sluggish in some of the world's major economies in April, suggesting that global economic growth remains "moderate and uneven," as the International Monetary Fund described it in its World Economic Outlook in April.

Read Full Article

China's struggles argue for stimulus all round

China's factories stayed stuck in the slow lane in April while Japanese output went into reverse and South Korea suffered its worst export performance in two years, adding urgency to calls for more state stimulus in all three economies.

Read Full Article

U.S. asks China to drop ban on poultry imports triggered by bird flu

U.S. Agriculture Secretary Tom Vilsack on Monday asked China to drop a ban on imports of U.S. poultry imposed because of an outbreak of bird flu in chickens and turkeys.

Read Full Article

Asian central banks to ease further, but effects may be muted: Reuters poll

Emerging Asian central banks are expected to cut interest rates again in the coming months, but economists polled by Reuters are doubtful the moves will significantly boost growth or inflation.

Read Full Article
1 2 3 4 5 6 7 8 9 10  

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics