May 21 (Bloomberg) -- South Korea, U.S. and Japan chief nuclear envoys meet at about 10 a.m. in Seoul to discuss North Korea.
WHAT TO WATCH * Kospi 200 futures fell 0.1 percent to 236.25 * South Korea sells 1.45 trillion won of 10-year bonds at about 11:30 a.m. * Japan’s top nuclear negotiator gives press conference on outcome of trilateral discussions at about 2:50 p.m.
MARKETS * Dow Average 0.6% to 12,369.38 * Euro was little changed at $1.2782 * U.S. 10-year yield gained 3bps to 1.723% * Crude oil slipped 1.2% to $91.80/bbl * Spot gold climbed 1.2% to $1,592.99/oz
EQUITY MOVERS * Hyundai Motor Co. (005380 KS) may not be able to produce 7,800 vehicles in three plants in South Korea, Yonhap reports. * STX Corp. (011810 KS) will sell 50.75 percent stake in STX OSV Holdings Ltd. to a group formed by Italy’s Fincantieri and Carlyle, Maeil reports. * KB Financial Group (105560 KS) and Korea Life Insurance Co. Ltd. (088350 KS) make preliminary bids for ING Groep NV’s (INGA NA) Asia business, Edaily reports. * Hana Financial Group (086790 KS) preparing for Bank of Jilin to be listed on Shanghai Stock Exchange mid next year, Korea Economic Daily reports.
BTV HIGHLIGHTS LIVE <GO> * 09:10 a.m.: Sanjay Mathur, head of Research and Strategy for Asia at RBS, talks about rates, credit, foreign exchange and local markets in non-Japan Asia. * 09:40 a.m.: Charles Kim, head of Korean equities at Mirae Asset talks about how South Korea is trading.
To contact the editor responsible for this story: Brett Miller at firstname.lastname@example.org