PRE-MARKET JAPANESE AND SOUTH KOREAN STOCK NEWS: Hyundai Motor (005380 KS) union is to extend partial strikes to next week between December 11th-15th

JAPAN

Advantest (6857 JT)
- Co. may report FY 18 oper. profit of JPY 20bln amid strong overseas demand for semi-conductor testing equipment. (Nikkei)

Asahi (2502 JT)
- Co. is to increase prices by about 5% on 15 brands of wine from April. (Newswires)

SBI Holdings (8473 JT)
- Co. is to form a capital tie-up with crypto currency trading platform Huobi. (Newswires)

Skylark (3197 JT)
- Co. same-store sales fell 1.2% Y/Y during November. (Newswires)

Toshiba (6502 JT)
- Bain Capital says Toshiba and Western Digital (WDC) are close to a final settlement. (Sankei)

Apple suppliers / screen manufacturers
- Apple is seen likely to release another new iPhone with a liquid crystal display next year and plans 2 new handsets that contain organic light-emitting diode displays, according to sources. (Nikkei)

Other News
- Japanese listed companies reportedly look set to collectively increase annual dividend payments this fiscal year by 7% Y/Y. (Nikkei)
- Japan will include missile defence spending in the current year’s supplementary budget. (Nikkei)
- Japan is to tighten money-laundering guidelines. (Nikkei)
- Japan is moving closer towards an infrastructure deal with Bangladesh and has received preferential negotiating rights from the latter’s government regarding highways and other infrastructure. (Nikkei)

 

SOUTH KOREA

Daewoo Shipbuilding (042660 KS)
- Co. receives USD 480mln of ship orders. (Yonhap)

Hyundai Motor (005380 KS)
- Union is to extend partial strikes to next week between December 11th-15th. (Newswires)

KEPCO (015760 KS)
- Co. announces its President is to resign. (Nikkei)

Other News
- Russian Foreign Minister Lavrov says North Korea would like discussion with US regarding security guarantees. (Newswires)

07 Dec 2017 - 23:30- Research Sheet- Source: Newswires

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