korea

The American beef market has rebounded since the dark days of 2003, when a report of "mad cow disease" virtually shut down U.S. beef and pork exports. Now, thanks to strong demand from Asia, industry officials say 2010 was the best year ever for U.S. beef exports.

Since the mad cow scare of 2003, South Korea has been a tough market for U.S. beef: The country first banned it, then severely limited imports. But a pending new trade agreement could mark the resumption of normal trade and the start of a more prosperous era for American beef exports.

North Korea has rattled global markets again with hostile acts toward Korea. As analysts struggle to determine the best course of engagement, China stands to gain in increased influence in the Asian economy.

Asian markets were mixed Wednesday. In China the Shanghai Composite Index rose 1.1% to 2,860 and in Hong Kong the Hang Seng Index advanced 0.6% to 23,024. Japan's Nikkei 225 Index sank 0.8% to close at 10,030.

Stocks fell sharply Tuesday as investors fled riskier assets following an exchange of artillery fire between North and South Korea. Better news on U.S. economic growth was no match for the new worries, on top of Euro-jitters.

The President's trip to Asia was supposed to be all about creating jobs back in the U.S. But he failed to create a trade pact with South Korea, get an agreement on limiting surpluses by large trading partners and to get China to allow its currency to appreciate more.

A strong sense of pessimism shrouded the start of an economic summit of rich and emerging economies Thursday, with President Barack Obama and fellow world leaders arriving in Seoul sharply divided over currency and trade policies. Can the meeting accomplish anything?

LG Electronics Inc (LGLD) may delay the introduction of its tablet computer device as it focuses on producing a competitive smartphone. Sponsored Links The South Korean company may introduce its tablet device at a trade show in Las Vegas in January, Bloomberg News said without naming its...

Chung Sung-eun, vice chairman and chief executive of South Korea's Kia Motors, has resigned following the recall of some 100,000 cars worldwide for a wiring defect.

KT Corp. (KT), South Korea's largest fixed-line phone operator and second-largest mobile carrier, launched a new tablet computer with the Google (GOOG) Android operating system. The tablet, called the Identity Tab, will sell for KRW300, 000, or $253, each, MarketWatch reported. The tablet will...