S Korea's Daewoo Shipbuilding Books 51 PCT Surge in Q1 Profit - AsiaPulse - Fri 12:50 am
SEOUL, May 8 Asia Pulse - Daewoo Shipbuilding & Marine Engineering Co. (KSE:042660), the world's second-largest shipyard, said Thursday that its first-quarter earnings increased 51 per cent from a year earlier on increased demand for high-priced ships.

[external] S.Korea bond yield surges on rate freeze - Reuters - Fri 12:45 am
SEOUL, May 8 (Reuters) - South Korean bond prices tumbled on Thursday as the benchmark yield posted its largest gain in 22 weeks after the central bank made it clear controlling inflation was its top priority by keeping interest rates steady.

[external] Hynix says to buy ProMOS stake worth up to $180 mln - Reuters - Thu 11:58 pm
SEOUL/TAIPEI, May 8 (Reuters) - South Korea's Hynix Semiconductor Inc said on Thursday it plans to buy an 8-10 percent stake in Taiwan rival ProMOS Technologies worth up to $180 million, deepening cooperation in the midst of a lengthy industry downturn.

SKorea's Lee blames US trade pact opponents for mad cow fears - AFP - Thu 11:53 pm
South Korea's president Thursday accused opponents of a free trade pact of spreading scare stories about the dangers of US beef.

[external] S.Korean won at 2-½ yr low on oil prices - Reuters - Thu 11:29 pm
SEOUL, May 8 (Reuters) - The South Korean won dropped 1.6 percent to hit a 2-1/2-year low against the dollar on Thursday, with a central bank decision to hold interest rates steady failing to limit the fallout from record-breaking oil prices.

[external] S.Korea Woori Bank plans $300 mln ringgit-bond sale - Reuters - Thu 10:24 pm
SEOUL, May 8 (Reuters) - Woori Bank, a unit of South Korea's Woori Finance Holdings , plans to sell about $300 million worth of bonds in ringgit during May to secure liquidity, a bank official said on Thursday.

[external] S.Korea bond futures plunge on c.bank's CPI worries - Reuters - Thu 10:20 pm
SEOUL, May 8 (Reuters) - South Korea's treasury bond futures ended 74 ticks weaker on Thursday, extending losses after the central bank's chief made clear that high inflation was a big worry by holding interest rates steady for nine straight months.

[external] Taiwan's ProMOS to sell 8-10 pct stake to Hynix - Reuters - Thu 10:13 pm
TAIPEI, May 8 (Reuters) - Taiwan memory chip maker ProMOS Technologies said on Thursday it will sell 8-10 percent of itself to South Korea's Hynix , as part of a broader tie-up between the two companies.

[external] S.Korea Hynix says to buy stake in Taiwan ProMOS - Reuters - Thu 10:10 pm
SEOUL, May 8 (Reuters) - South Korea's Hynix Semiconductor Inc , the world's No. 2 memory chip maker, said on Thursday it would buy an 8 to 10 percent stake in smaller Taiwanese rival ProMOS Technologies .

Earlier Headlines

All times are Singapore Time (GMT+8)

· [external] Doosan wins $288 mln U.S. nuclear facility order - Reuters - Thu 10:07 pm
· Daewoo Motors Sales Posts 47PCT Plunge in Q1 Profit - AsiaPulse - Thu 10:07 pm
· Hyundai Motor Auto Sales in Japan Plunge in April - AsiaPulse - Thu 9:47 pm
· [external] SK Energy buys 1H June gasoline at $4.50 premium - Reuters - Thu 8:22 pm
· [external] S.Korea won at 2-½ yr low on oil; BOK cuts loss - Reuters - Thu 7:33 pm
· Suspected Bird Flu Case Reported in South of Seoul - AsiaPulse - Thu 7:25 pm
· SKorea may seek changes to US beef pact amid mad cow fears - AFP - Thu 7:24 pm
· [external] ProMos up over 3 pct on reports of Hynix stake buy - Reuters - Thu 7:12 pm
· More's Koreans Tour N Korea Despite Chill in Ties - AsiaPulse - Thu 7:06 pm
· N Korea Still Country of Concern on Religious Freedom: US Commission - AsiaPulse - Thu 7:03 pm

· Sales of Imported Cars in South Korea Jump 48.4% in April - AsiaPulse - Thu 6:49 pm
· Doosan to Take Over South Korea's Chung-Ang University - AsiaPulse - Thu 6:44 pm
· [external] TEXT-South Korea c.bank holds rates steady for 9th mth - Reuters - Thu 6:32 pm
· S Korean Brewer Jinro's Q1 Profit Jumps, Raising Relisting Hopes - AsiaPulse - Thu 6:18 pm
· [external] South Korea holds rates as prices, economy worry - Reuters - Thu 5:42 pm
· [external] S.Korea bonds fall ahead of c.bank's rate review - Reuters - Thu 4:49 pm
· [external] S.Korea won at 2-½ yr low as rate decision looms - Reuters - Thu 4:38 pm
· [external] S.Korean won hits low in 2-½ yrs on oil, stocks - Reuters - Thu 4:11 pm
· [external] Seoul shares open down; Samsung Elec, Hyundai fall - Reuters - Thu 4:08 pm
· [external] Seoul shares seen weak on oil, caution before data - Reuters - Thu 3:22 pm

· [external] S.Korea's 6 pct growth target "not easy"-FinMin - Reuters - Thu 6:39 am
· SKorea to stick to US beef deal despite wave of criticism - AFP - Thu 5:29 am
· [external] S.Korea to unveil bank privatisation plan soon - Reuters - Thu 4:31 am
· [external] S.Korea money supply data adds to rate cut case - Reuters - Thu 12:44 am
· [external] REFILE-S.Korean won at 7-wk low on oil; more falls seen - Reuters - Thu 12:41 am
· [external] Woori gains as CEO departure spurs privatisation hopes - Reuters - Thu 12:40 am
· [external] SK Energy seeks 30,000 tonne 1H June gasoline cargo - Reuters - Thu 12:29 am
· [external] S.Korea bond yield hits 1-mth high on oil, won - Reuters - Thu 12:19 am
· [external] S.Korean won at 7-wk low on oil; more falls seen - Reuters - Wed 10:59 pm
· South Korea's Retail Sales up 8.5% in March - AsiaPulse - Wed 10:27 pm