S.Korea-Market Factors to watch Feb 2

SEOUL, Feb 2 - Following is a list of events in South
Korea as well as news stories and press reports which may
influence financial markets.
(Reuters News welcomes your feedback and for any queries, please
contact the Seoul newsroom at +822 3704 5640 or via email at
kr.rtrs@gmail.com)

TOP STORIES
>Korea exports shock, inflation dips as euro bites
>LG reports handset profit after 6-Q losing streak

>LG Elec CFO says expects higher Q1 operating profit

>Samsung Sec slash jobs, suspend brokerage ops in HK

>Panasonic, Samsung to propose tie-up with Olympus

>Inflation stays high in Asia, cbanks face dilemma

>Korea inflation pressure still high -c.bank offial

>S.Korea housing price growth slows in January -data

>S.Korea Shinsegae says mulling Hi-Mart bid

>S.Korea, Japan want U.S. to detail Iran sanctions

>S.Korea Jan crude oil imports down 5.2 pct vs year

MARKETS
>KOSPI closes flat as early gains meet resistance

>Won down after gloomy exports data; bonds eke gains

MARKET SNAPSHOTS
* U.S. stocks extended January's rally on Wednesday after upbeat
global manufacturing data boosted sentiment and as Greece neared
a long-delayed deal with private creditors.
*Brent crude rose on Wednesday as upbeat Chinese manufacturing
data and concerns about the standoff between Iran and the West
outweighed data showing a large build in U.S. oil
inventories.
*The euro rose on speculation a Greek debt deal was close at
hand on Wednesday while global equity markets surged on
encouraging U.S., Chinese and German manufacturing data - even
though enthusiasm ebbed at the session's end.

*Seoul shares closed nearly steady on Wednesday as earlier gains
backed by offshore bids were erased by local investors cashing
out on short-term positions amidst unresolved debt issues in
Europe and signs of weakness in the U.S. economic recovery.

IN THE KOREAN PRESS
Following is a summary of local press reports translated by
Reuters. Reuters has not verified the content of these reports
and does not vouch for their accuracy.
>Korea Electric Power Corp has bought a 14 percent
stake in Canadian uranium development company Strathmore
Minerals Corp for $8 million, according to the company
on Wednesday.
>Samsung Heavy Insdustries Co Ltd said it had
entered the European wind power industry by signing an agreement
to build a 7 megawatt offshore wind turbine plant in Fife,
Scotland.

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(Reporting by Tae-yi Kim; Editing by Jonathan Hopfner)