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Senin, 12 September 2011

S.Korea-Market Factors to watch Aug 31

SEOUL, Aug 31 (Reuters) - Following is a list of events in

South Korea as well as news stories and press reports which may

influence financial markets. (Reuters News welcomes your

feedback and for any queries, please contact the Seoul newsroom

at +822 3704 5640 or via email at kr.rtrs@gmail.com)

WHAT IS HAPPENING IN KOREA (Times local, GMT +9 hrs)

>South Korean President Lee Myung-bak due to conduct a partial

cabinet reshuffle under which the unification minister is widely

expected to be removed

>South Korea July industrial output 0800

>SK Telecom holds meeting to approve decision to

spin off platform operation 0900

REUTERS NEWS

>Samsung unveils 3 smartphones to run own platforM

>Hyundai E&C wins $1.5 bln deal in Vietnam

>S.Korea KOMIP seeks 490,000 T coal for Oct-Dec

MARKETS

>Seoul shares up for 4th session

>S.Korea won rises but checked ahead of output data

MARKET SNAPSHOTS

*Seoul shares extended gains on Tuesday, with foreign investors

turning net buyers after a bank merger deal in Greece and

positive U.S. consumer spending data lifted sentiment.

* U.S. stocks rose for a third straight day on Tuesday in a

volatile session, after minutes from the latest Federal Reserve

meeting boosted expectations the U.S. central bank will act

again to stimulate the economy.

* Brent crude rose for a sixth straight session to a four-week

high on Tuesday, boosted by concerns about gasoline supplies,

optimism about fresh economic stimulus and the threat of fresh

storms.

*Gold, oil and bonds surged on Tuesday while Wall Street

rebounded in choppy trade after the latest Federal Reserve

minutes boosted expectations policymakers will act again to try

to stimulate the economy.

IN THE KOREAN PRESS

Following is a summary of local press reports translated by

Reuters. Reuters has not verified the content of these reports

and does not vouch for their accuracy.

>POSCO has agreed to invest 480 billion won ($447.9

million) to increase annual production of nickel with joint

venture partner SMSP by 54,000 tonnes.

Latest KR stock report Latest money report

Latest stocks KR press digest

KR main diary KR IPO diary

Global Markets report Oil Markets report

New York Stocks Asia stock outlook

Emerging markets report

($1 = 1071.700 Korean Won)

(Seoul Newsroom; Editing by Jonathan Hopfner)

Keywords: KOREA FACTORS/

(seoul.newsroom@reuters.com)(+822 3704 5649)

COPYRIGHT

Copyright Thomson Reuters 2011. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.


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