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Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Myanmar warns against predicting Suu Kyi verdict | 30 July 2009
Mobile firms seeing ads coming to handsets | 3 December 2010
HP and Oracle set for court clash over Itanium | | 4 June 2012

Kevin Cheng, Myolie Wu rumored to be on retrenchment list | 8 December 2008

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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Korea Hot Stocks - LG Innotek, Kyobo Securities, Kumho Petrochem Reuters - Wednesday, July 29 SEOUL, July 29 - Stocks on the move on Wednesday include: ADVERTISEMENT As of 0431 GMT, the main KOSPI <.KS11> was down 0.43 percent at 1,519.51 points. The index opened 0.13 percent lower at 1,524.08 points. **LG INNOTEK UP AFTER STRONG Q2 RESULTS** Shares in LG Innotek <011070.KS> rose after the electronic parts maker said on Wednesday afternoon its second quarter net profit jumped 54.5 percent from a year ago to 28.9 billion won. Its operating profits also grew 47.9 percent to 35.5 billion won. Shares in LG Innotek were up 2.05 percent as of 0433 GMT. 0433 GMT **KYOBO SECURITIES JUMPS ON M&A RUMOUR** Kyobo Securities <030610.KS> rose after a local media outlet, Moneytoday, reported on Tuesday that KB Financial was considering taking over the South Korean broker, citing a source familiar with KB's M&A business. But spokesmen at both companies told Reuters that the rumour was unfounded. Korea Exchange has asked Kyobo Securities and KB Financial Group to clarify the rumours. "KB has been talking about wanting to buy a non-banking firm, and among mid-size brokerages Kyobo Securities comes about as an attractive candidate, which is why shares are reacting," said Chung Bo-seung, an analyst at Hanwha Securities. "But I have not heard about any due diligence or other procedures that precede mergers and acquisitions. The rumours have yet to materialise," Chung added. Kyobo Securities was up 6.52 percent at 14,700 won as of 0211 GMT. 0211 GMT **KUMHO PETROCHEM JUMPS ON MANAGEMENT FEUD** Kumho Petrochemical <011780.KS> jumped on Wednesday after its chairman and the head of parent Kumho Asiana Group -- brothers, and sons of the group's founder -- both resigned in a group management tussle. Kumho Asiana Group chairman Park Sam-koo resigned from his position yesterday to take responsibility for contributing to a situation that forced Kumho Petrochemical chairman Park Chan-koo to step down for "violating" the balance of management among group units, Kumho Asiana Group said in a statement. In late June, Park Chan-koo sold his stake in Kumho Industrial <002990.KS> and began buying shares in Kumho Petrochemical, increasing his stake in the petrochemical company to 9.44 percent as of mid-July from 4.73 percent in early June, according to Korea Exchange filings. Park Sam-koo controlled 46.86 percent of Kumho Petrochemical as of July 16, up from 46.59 percent in early July. "Expectations the two brothers will compete to increase their stakes in Kumho Petrochemical have boosted appetites for the shares," said Lee Jung-hun, an analyst at Hana Daetoo Securities. Kumho Petrochemical jumped 5.8 percent as of 0041 GMT, while Kumho Industrial tumbled 6.8 percent. (Reporting by Jungyoun Park and Shin Jieun; Editing by Jonathan Hopfner and Ken Wills) Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: Business China to cut fuel price by 3%: govtAFP - Wednesday, July 29 Canon's profits plunge in first-halfAFP - Wednesday, July 29 Putnam cuts fund fees, restructures pricingAP - Wednesday, July 29 IBM to acquire SPSS for $1.2BAP - Wednesday, July 29 China to ban violent online gamesAP - Wednesday, July 29 Most Popular – Business Viewed Doctor gave Jackson drug that killed him: CNN Ex-boxing champ Forrest shot in back and killed Lost love letter reunites couple after 16 years Police raid Vegas home of Jackson doctor Rare Angolan antelope tracked by research team View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

Other News on Wednesday, 29 July 2009
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