KB Asset Buys South Korea Futures as Templeton Sees Kospi Value

December 20, 2011 | OPPORTUNITY

KB Asset Management Co., a unit of South Korea’s second-largest financial services group, is buying futures on the nation’s bonds, betting declines after the death of North Korean leader Kim Jong Il won’t last. (read on…)

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North Korean leader’s death seen with wary optimism; new opportunity for diplomacy

December 20, 2011 | OPPORTUNITY

BERLIN – North Korea’s closest neighbours responded to the news of leader Kim Jong Il’s death by bracing for possible destabilization in the region, while across the globe, other nations expressed cautious optimism that the change of leadership could provide an opportunity to usher in reforms. (read on…)

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Japan picks Lockheed F-35 fighter as allies stress tight ties

December 20, 2011 | BUSINESS

TOKYO (Reuters) – Japan picked Lockheed Martin’s F-35 jet as its next mainstay fighter Tuesday, choosing the aircraft over combat-proven but less stealthy rivals, as concern simmers over North Korea and as China introduces its own stealth fighters. The decision came as Japan and the United States stressed that their security alliance was tight...

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Japan to buy 42 F-35 joint strike fighters

December 20, 2011 | BUSINESS

The decision is welcome news at Lockheed Martin’s Fort Worth plant. (get the story…)

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Japan to buy Chinese bonds

December 20, 2011 | BUSINESS

Japan is preparing to buy yuan-denominated bonds issued by the Chinese government under a proposed bilateral currency and financial agreement, according to the Nikkei business daily. (get the story…)

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Australia Weathering Europe Recalls 2009 Resilience: Economy

December 20, 2011 | BUSINESS

Australia’s central bank said resource investment is helping the economy ride out Europe’s sovereign-debt crisis, sending the local currency higher as traders reduced bets on the scale of future interest-rate cuts. (get the story…)

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North Korea Transition Adds Risk as South Korea Exports Slow

December 20, 2011 | BUSINESS

Kim Jong Il’s death and the risk of instability in North Korea may weigh on business and consumer confidence in South Korea just as the central bank warns of threats to growth and exports falter. (get the story…)

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Korea Change Adds Risk as South’s Exports Slow

December 20, 2011 | BUSINESS

Kim Jong Il’s death and the risk of instability in North Korea may weigh on business and consumer confidence in South Korea just as the central bank warns of threats to growth and exports falter. (get the story…)

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Taiwan tycoon’s son sues for $4bn

December 20, 2011 | BUSINESS

Taiwan tycoon’s son sues for $4bn (get the story…)

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Obama criticizes Venezuela’s ties to Iran, Cuba

December 20, 2011 | BUSINESS

President Barack Obama’s sharp criticisms of Venezuela’s human rights record and its ties to Iran are heightening tensions with Venezuelan President Hugo Chavez, who on Monday responded by calling Obama a “clown” and telling him to mind his own business. (get the story…)

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Pentagon hails Japan’s F-35 order

December 20, 2011 | NEWS

WASHINGTON (Reuters) – The Pentagon office that runs the Lockheed Martin Corp on Monday hailed news that Japan had selected the F-35 as its next generation fighter and said it would help strengthen partnerships with Japan. “The F-35 Program Office looks forward to strengthening partnerships with Japan, and contributing to enhanced security throughout the...

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/ CORRECTION – China Direct Industries, Inc.

December 20, 2011 | NEWS

POINT ROBERTS, WA– – In the news release, “China Direct Industries Inc’s Magnesium Batteries Could Establish US Leadership in EV Battery Market,” issued earlier today by China Direct Industries, … (read the story …)

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Live Nation Launches in South Korea

December 20, 2011 | NEWS

LOS ANGELES , Dec. 19, 2011 /PRNewswire/ — Live Nation Entertainment, Inc. (NYSE: LYV – News) today announced it has opened a concert promotion office in Seoul, South Korea .This marks another important step … (read the story …)

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