Korean disrupts China monopoly
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Athens: South Koreaâs Ryu Seung-min upset Wang Hao on Monday to win the menâs table tennis singles gold and disrupt Chinaâs Olympic domination in the sport.
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The site sports a Korean-language interface and content from local partners, but faces established rivals.
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Investing: Taming China's Dragon Market
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A decision by minority shareholders of China Eastern to reject a tie-up with Singapore Airlines and a Singapore government investor has set the stage for an unusual corporate battle in China.
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Gazprom, the natural gas operator, moved closer to a monopoly the on Russian market, which could have far-reaching consequences for the pricing and politics of energy in Asia.
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The tech company is bruised during a fight over intellectual property rights in Korea.
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A South Korean semiconductor parts maker on Tuesday became operational at a pilot industrial park in the Democratic People&#39;s Republic of Korea (DPRK), reported the South Korean Yonhap News Agency.
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Banking giant HSBC is moving to expand its presence in Asia through the acquisition of Korea First Bank. It has also been reported that Standard Chartered is competing with its
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Shares of China Merchant Bank surge as much as 30% on their first day of trading in Hong Kong.
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HSBC Holdings, Europeâs biggest bank, agreed to buy a 51 percent stake in Korea Exchange Bank for $6.3 billion as it attempts to bolster its presence in the fast-growing Asian market. The purchase of the stake from the United States private equity group Lone Star Funds would allow Lone Star, based in Dallas, to exit a controversial investment. HSBC, based in London, said that it did not intend to make an offer for the remainder of the Korean bankâs shares and that the bank would remain listed on the Korea Exchange. The acquisition would catapult HSBC past its foreign rivals Standard Chartered and Citigroup. Both have bested HSBC in the past in purchasing local banks during the post-Asian crisis turmoil. A local court in South Korea has been investigating allegations that Lone Star manipulated the stock price of the Korean bankâs credit card unit in 2003 so that the bank could take it over at a lower price.
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China has banned British computer game âFootball Manager 2005,â saying it violated Chinese law by referring to Taiwan, Hong Kong and other regions claimed by China as separate countries.
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A South Korean securities firm partly owned by billionaire financier George Soros has broken off talks to buy SK Securities, knocking its smaller rival's shares down by over 12 percent on Monday.
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The internet auction house ups its stake in South Korea's Internet Auction, expanding into a country with the world's highest broadband penetration rate.
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Swedish software company MindArk, which operates the online game "Entropia Universe," has authorized a Beijing company to create a version of its online game for the Chinese market.
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Private equity house Lone Star sold a  larger-than-expected 13.6 percent stake in lender Korea  Exchange Bank, raising $1.28 billion, a source said, as the  U.S. firm begins to exit an investment burdened by legal  challenges.
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eBay Inc. EBAY.O offered about $530  million to buy the remainder of South Korean affiliate Internet  Auction Co. Ltd. as it pushes deeper into Asia, saying key  shareholders had accepted a 79 percent increase to an earlier  offer.
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The parent of China.com disappoints the market with a quarterly loss.