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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World South Korea won advances as stocks, euro bounce Reuters - Thursday, December 2 Send IM Story Print SEOUL, Dec 2 - The South Korean won opened higher on Thursday, reflecting increased appetite for risky assets following the euro' rally on speculation the region's debt crisis may abate with bold steps by the European Central Bank. The won <KRW=> was quoted at 1,146.3 per dollar as of 0007 GMT, versus Wednesday's domestic close at 1,151.4. Seoul shares <.KS11> advanced 0.8 percent to 1,944.57 with support from foreign investors' buying, which briefly pushed the benchmark stock index to its strongest level in more than a week. South Korea's economy grew a seasonally adjusted 0.7 percent in the third quarter from three months earlier, the same as previously estimated. revised central bank data showed. [ID:nSUL000205] [ID:nTOE6AT06D] Foreign exchange reserves held by Asia's fourth-largest economy fell by $3.12 billion to $290.23 billion at the end of November from $293.35 billion a month before, the Bank of Korea said in a statement. Recommend Send IM Story Print Related Articles Kingfisher Q3 profit up 8 pct in tough markets Reuters - 27 minutes ago PetroChina readies new crude storage in Xinjiang Reuters - 33 minutes ago German stocks - Factors to watch on December 2 Reuters - 34 minutes ago BOJ Nishimura: Too soon to assess growth industry scheme Reuters - 1 hour 30 minutes ago Fast Retailing Uniqlo Nov sales slide 14.5 pct y/y Reuters - 39 minutes ago News Search Top Stories FA condemn pitch invasion on eve of 2018 vote Eurozone braces for radical ECB liquidity move 'Critical safety issue' with Rolls A380 engine Fed lifts lid on crisis lending to non-US banks Obama reverses oil drill expansion after BP spill More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Finger length predicts prostate cancer risk: study 'Sarkozy the American' mulled troops for Iraq: WikiLeaks Eurozone debt crisis deepens Complacency fuels new AIDS surge in West: UN Euro recovers -- but fears of Portugal bailout More Most Viewed » 'Naked' airport scanners may be 'dangerous' Pilgrims stone 'devil' as Muslims celebrate Eid World leaders scramble for funds to save the tiger US, S.Korea plan war games after N.Korean attack Obama gets 12 stitches after 'elbow in the lip' More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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