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S. Korea's gold bourse gets off to weak start

SEOUL, April 23 (Yonhap) -- South Korea's gold bourse is drawing a weaker-than-expected attention from investors, with a turnover staying well below what authorities anticipated one month after its opening, data showed on Wednesday. The gold bourse was launched on March 24 as the country struggles to bring the unregulated market into the open as well as broaden its taxation base.

Asia shares mixed on lacklustre China data; Japan buoyed by yen, Seibu IPO

TOKYO - Shares were mixed in Asia on Wednesday, as weak data from China sapped upward momentum from an overnight rally on a flurry of deals in the pharmaceutical sector. A preliminary survey of Chinese manufacturers by HSBC showed slight improvements in prices and demand, but contractions in new export orders and employment in April. The results were expected, but helped pull Hong Kong's Hang Seng index down 0.6 per cent to 22,592.41. Shares in mainland China also fell.

Asian stocks mixed after holiday weekend as investors look ahead to Korea, China data

BEIJING, China - Asian stocks were mixed Monday in light trading after Japan reported a jump in its trade deficit and investors looked ahead to economic data this week from China and Korea. Oil declined but stayed above $104 per barrel amid concern over simmering tensions in Ukraine. The regional heavyweight, Tokyo's Nikkei 225 index, added 0.7 per cent to 14,620.45 despite the government's announcement that the country's trade deficit widened by nearly 70 per cent to a record high in the year ending March 31. It was Japan's third straight deficit year.

Listed firms' debt-repaying ability improves in 2013

SEOUL, April 21 (Yonhap) -- The ability of South Korean listed companies to pay back their debts improved last year due mainly to a rise in their operating profits and lower financial costs, data showed Monday. The average interest coverage ratio of 613 firms listed on the main bourse came to 4.84 last year, compared with 4.23 tallied a year earlier, according to the data compiled by the Korea Exchange (KRX). The ratio, or a firm's operating profit divided by its interest costs, measures the company's ability to pay interest on outstanding debt.

Listed firms' debt-repaying ability improves in 2013

SEOUL, April 21 (Yonhap) -- The ability of South Korean listed companies to pay back their debts improved last year due mainly to a rise in their operating profits and lower financial costs, data showed Monday. The average interest coverage ratio of 613 firms listed on the main bourse came to 4.84 last year, compared with 4.23 tallied a year earlier, according to the data compiled by the Korea Exchange (KRX). The ratio, or a firm's operating profit divided by its interest costs, measures the company's ability to pay interest on outstanding debt.

Asian stock markets rise in abbreviated trading

BEIJING, China - Asian stocks were mostly higher in trading muted by Good Friday observance. Markets in Europe, the U.S. and many countries in Asia were closed for the holiday. Oil trading also was suspended. Among the markets that traded, Tokyo's Nikkei 225 gained 0.7 per cent to 14,516.27 while China's Shanghai Composite Index shed 0.1 per cent to 2,097.75 after data earlier this week showed economic growth slowed to its lowest level since 2012.

World stock markets subdued ahead of holiday, Nikkei flat as investors lock in profits

HONG KONG - World stocks were subdued Thursday ahead of a long weekend for many markets, with Japan's Nikkei faltering as investors locked in profits after a strong rally. Profit taking set in following a sharp rise in Tokyo the day before and as comments from the country's central bank governor left investors unimpressed.

Asian stock markets struggle to match Wall Street gains

HONG KONG - Asian stock markets were mostly lower Thursday, with Japan's Nikkei leading the retreat as investors locked in profits after a strong rally. Profit taking set in following a sharp rise in Tokyo the day before and as comments from the country's central bank governor left investors unimpressed. Other regional benchmarks were unable to find direction in spite of optimism in the U.S., where major benchmarks closed at least 1 per cent higher, and Federal Reserve Chair Janet Yellen said the central bank would continue to provide stimulus for the job market.

Financial regulator to ease requirements on IPOs

SEOUL, April 15 (Yonhap) -- South Korea's financial regulator unveiled Tuesday a plan to improve the corporate financing environment by promoting initial public offerings (IPOs) and invigorating the moribund local capital market. The Financial Services Commission (FSC) said it will remove hurdles to stock listings and ease rules on filing and disclosing corporate financial information to the extent that it does not hurt the interests of investors.

Financial regulator to ease requirements on IPOs

SEOUL, April 15 (Yonhap) -- South Korea's financial regulator unveiled Tuesday a plan to improve the corporate financing environment by promoting initial public offerings (IPOs) and invigorating the moribund local capital market. The Financial Services Commission (FSC) said it will remove hurdles to stock listings and ease rules on filing and disclosing corporate financial information to the extent that it does not hurt the interests of investors.
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