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Merrill Sued by South Korea's Woori Bank Over CDO Losses - Bloomberg

Merrill Sued by South Korea's Woori Bank Over CDO Losses
Bloomberg
The Korean bank seeks damages of at least $143 million plus unspecified punitive damages. Earlier this week, Woori filed a similar complaint against Citigroup Inc. (C) over $95 million in CDO investments by the South Korean bank.

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S.Korea may limit exports to Iran on payment concerns -sources - Reuters

Moneycontrol.com

S.Korea may limit exports to Iran on payment concerns -sources
Reuters
South Korea considers quotas on exports, sources say * Exports to Iran at $1.7 bln in 2012 Q1, up 49 pct y/y * Imports from Iran at $2.9 bln in 2012 Q1, up 4 pct y/y * Q1 Iranian crude imports at $2 bln, down 13 pct y/y By Ju-min Park and Meeyoung Cho ...
South Korea and Japan want EU insurance for Iran oil post - EmbargoSteelGuru

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iShares MSCI South Korea Index Fund Experiences Big Outflow - Forbes

Bloomberg

iShares MSCI South Korea Index Fund Experiences Big Outflow
Forbes
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI South Korea Index Fund (AMEX: EWY) where we have detected an approximate $150.4 million dollar outflow ...
An Emerging ProblemBarron's

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South Korea to Meet with US and Japan Over North Korea - Voice of America (blog)

Telegraph.co.uk

South Korea to Meet with US and Japan Over North Korea
Voice of America (blog)
South Korea says it will host high-level diplomatic talks with Japan and the United States next week about North Korea. South Korean foreign ministry spokesman Cho Byung-je says the diplomats in Seoul will discuss developments on the Korean peninsula ...
Seoul Pressures China to Release ActivistsWall Street Journal
South Korea Urges China to Release Detained ActivistsNTDTV
S. Korea wants China to release activistsUPI.com
Sunday Times.lk -FOX 4 News
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South Korea Down To Hit 5-Month Low, BOK Selling Suspected - Wall Street Journal

Bloomberg

South Korea Down To Hit 5-Month Low, BOK Selling Suspected
Wall Street Journal
SEOUL (Dow Jones)--The South Korean won was weaker against the US dollar Friday, reaching a five-month low, though suspected intervention by local foreign-exchange authorities prevented a further slide. Risk appetite was battered by news that Moody's ...
South Korea Ready to Take Action to Calm MarketsBloomberg
TABLE-Foreign trading in South Korean stocksReuters
Korea Won Halts Six-Day Drop as Government Pledges ActionBusinessWeek
BusinessGhana -The Korea Herald
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Talks with South Korea focus on infrastructure projects - Oman Daily Observer

Oman Daily Observer

Talks with South Korea focus on infrastructure projects
Oman Daily Observer
SEOUL — Dr Ahmed bin Mohammed al Futaisi, Minister of Transport and Communications, and Deputy Chairman of Oman Shipping Company (OSC) Board met in the Korean capital, Seoul yesterday with the President of the Korean GS Caltex Company.
Futaisi, South Korean officials hold talksOman Tribune

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Japan Launches South Korean Satellite Into Orbit - Voice of America

Voice of America

Japan Launches South Korean Satellite Into Orbit
Voice of America
SEOUL - Early Friday, Japan successfully launched a South Korean satellite. The historical accomplishment puts the Japanese in the same arena as European and Russian entities in the lucrative commercial space launch business.
Japan's space industry shoud build on H-2A rocket successThe Daily Yomiuri
S. Korean satellite successfully reaches earth's orbitJakarta Post
Japan launches rocket with first foreign satelliteBusinessWeek
Wall Street Journal (blog)
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Bank of Korea Should Hold Rates as Europe Woes Deepen, KDI Says - Bloomberg

Bank of Korea Should Hold Rates as Europe Woes Deepen, KDI Says
Bloomberg
The Bank of Korea should hold its benchmark rate at 3.25 percent as Europe's debt crisis worsens and inflation remains a threat, a state-run South Korean research institute said. “The recent economic slowdown and stabilizing prices have reduced the ...

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South Korea to North Korea: Learn from Myanmar - Christian Science Monitor

Jakarta Post

South Korea to North Korea: Learn from Myanmar
Christian Science Monitor
South Korea's President Lee made a historic visit to Myanmar this week to boost long-frozen relations – and send a message to North Korea about the benefits of coming in from the cold. By Steven Borowiec, Contributor / May 17, 2012 In this photo taken ...
Myanmar, South Korea Deepen TiesWall Street Journal
South Korea says Myanmar has promised to stop buying arms from North KoreaWashington Post
Myanmar and South Korea set for businessUPI.com
Newstrack India -Jakarta Post -New York Times
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South Korea struts its robotic stuff at Expo 2012 - San Jose Mercury News

South Korea struts its robotic stuff at Expo 2012
San Jose Mercury News
By Sam Kim AP In this April 20, 2012 photo, a fish robot swims at the Marine Robot pavilion of the EXPO 2012 Yeosu Korea site in Yeosu, South Korea. More than 100 nations are expected to participate in the expo that will open from May 12 to Aug.
Interior Minister Heads to Yeosu in South KoreaOman News Agency
'National Day' at Sultanate's pavilionOman Daily Observer
National pavilions draw large crowds at Yeosu ExpoYonhap News
Oman Tribune
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