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PRESS DIGEST - South Korean newspapers - Jan 7

Wed Jan 7, 2009 5:50am IST
 
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SEOUL, Jan 7 (Reuters) - The following is a summary of major South Korean newspapers on Wednesday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.

DONG-A ILBO

Political conflict among elites in North Korea seems to be deepening under the mandate of Chang Sung-taek, a senior Workers' Party official and brother-in-law to North Korean leader Kim Jong-il, a North Korea specialist said.

MAEIL BUSINESS NEWSPAPER

To limit the surge in stock investment from tax havens and overseas tax evasion, South Korea is going to sign up for Joint International Tax Shelter Information Centre, JITSIC, as the sixth member country, according to government souces.

KOREA ECONOMIC DAILY

SC First Bank, a South Korean banking arm of Standard Chartered (STAN.L: Quote, Profile, Research), asked Seoul Central District Court to review its decision approving an injunction against some currency option deals. The company plans to appeal if the request is dismissed.

Dubai Debt Fears

Villas are seen on the The Palm, Jumeirah, with Atlantis, The Palm, under construction on the breakwater (crescent), May 3, 2008.  REUTERS/Jumana El Heloueh

Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets.  Full Article | Slideshow 

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India.  Full Coverage 

People stroll outside the Taj Mahal hotel ahead of the first anniversary of the militant attacks in Mumbai, November 24, 2009.  REUTERS/Punit Paranjpe
Investors worry about another attack

The risk of militants striking again worries investors who fear that a second attack similar to last year's Mumbai raids could shake the economy.  Full Article | Full Coverage 

Market Update

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road to Copenhagen

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Calculated Move

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SHOWCASE

Capital Raising
Capital Raising

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Bonus Payout

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Bubble trouble?
Bubble trouble?

With the BSE Sensex at around 17,000 points, are the Indian equity markets looking at a possible bubble?   Commentary 

 
Funding Blues
Funding Blues

A popular tactic used by Indian brokerages to raise money for rich clients is likely to be banned.  Full Article 

 
Recovery Path
Recovery Path

Indian techie logging out of downturn gloom.  Full Article 

 
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Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.   Full Coverage 

 
Risky Proposal
Risky Proposal

Rupert Murdoch courts trouble if he blocks Google on news.  Full Article