Tuesday, June 12th, 2018

 

AT&T Wins U.S. Court Approval to Buy Time Warner for $85 Billion

AT&T won approval from a U.S. court on Tuesday to buy Time Warner for $85 billion, without conditions, allowing AT&T to compete with internet companies that dominate digital advertising and providing new sources of revenue.The planned deal is seen as a turning point for a media industry that… Source: Culture


(LEAD) (News Focus) (US-NK summit) S. Korea's biz community hails Trump-Kim summit

(ATTN: UPDATES with analyst’s quote and other details) By Kim Kwang-tae SEOUL, June 12 (Yonhap) — The South Korean business community on Tuesday hailed the historic summit between the leaders of North Korea and the United States as it could offer ne Source: Money


(News Focus) (US-NK summit) Trump-Kim summit to have limited impact on financial market: analysts

By Kim Deok-hyun SEOUL, June 12 (Yonhap) — The summit between U.S. President Donald Trump and North Korean leader Kim Jong-un and the joint statement that followed fell short of mentioning details about Pyongyang’s nuclear weapons program, causing so Source: Money


(News Focus) (US-NK summit) S. Korea's biz community hails Trump-Kim summit

By Kim Kwang-tae SEOUL, June 12 (Yonhap) — The South Korean business community on Tuesday hailed the historic summit between the leaders of North Korea and the United States as it could offer new business opportunities for Asia’s fourth-largest econo Source: Money


(LEAD) Two board members call for less accommodative monetary policies

(ATTN: CORRECTS headline; CLARIFIES lead para) SEOUL, June 12 (Yonhap) — Two members of South Korea’s rate-setting panel said the central bank has to seek the best timing for a rate rise in coming months so as to reduce the financial costs caused by a Source: Money


(US-NK summit) S. Korean builders gear up for N.K. biz ops after Kim-Trump summit

SEOUL, June 12 (Yonhap) — South Korean construction companies on Tuesday said they are taking steps to prepare for potential opportunities in North Korea as Pyongyang earlier confirmed its commitment to the denuclearlization of the Korean Peninsula. Source: Money


(US-NK summit) S. Korean retailers express hope for inter-Korean projects

SEOUL, June 12 (Yonhap) — South Korean retailers are expressing optimism over new business opportunities in North Korea in the wake of the recent rapprochement on the Korean Peninsula as U.S. President Donald Trump and North Korean leader Kim Jong-un Source: Money


Two board members calls for less accommodative monetary policies

SEOUL, June 12 (Yonhap) — Two members of South Korea’s rate-setting panel said it has to seek the best timing for a rate rise in coming months so as to reduce the financial costs caused by a yearslong trend of low rates, according to minutes from the Source: Money


Coolant leaked from Wolseong No.3 nuclear reactor

GYEONGJU, June 12 (Yonhap) — A small amount of coolant leaked from a nuclear reactor in the southern part of South Korea, but no significant radiation leakage was reported, the plant’s operator said Tuesday. A total of 3,630 kilograms of the coolan Source: Money


Regulator holds extra meeting on suspected accounting breach at Samsung BioLogics

SEOUL, June 12 (Yonhap) — The financial regulator on Tuesday held an extraordinary meeting to discuss allegations of an accounting breach at Samsung BioLogics Co. The latest meeting is aimed at giving financial authorities more time to review whet Source: Money