At one time during the trading session, the Kospi index was down by as much as 7.4 percent.
Romelu Lukaku is set to be officially unveiled as Chelsea's third signing this week after he arrived at London on Monday morning to take the medical at Chelsea's training ground at Cobham.
London witnessed a weekend of rioting after the shooting of Mark Duggen by police on August 4. A peaceful protest on Saturday turned violent by Sunday.
Manchester United could soon be making a bid for their top summer target Wesley Sneijder, after the player admitted that Inter Milan could sell him for the right price.
Britain and several euro zone countries are likely to have their credit ratings cut in coming months as debt problems worsen, and Western policymakers are bound to embark on more quantitative easing to get their economies moving, American investor Jim Rogers said on Monday.
London witnessed one of its most appalling riots in years after police fatally shot a black resident. Violence engulfed an economically deprived neighborhood in North London when a small anti-police demonstration snowballed into looting and violence that left 26 police officers injured and led to 55 arrests.
British police arrested more than 100 people overnight in London after shops were looted and officers attacked in a second night of violence that followed some of the worst disorder seen in the capital for years.
The European Central Bank stepped into bond markets on Monday, backing up a pledge to support Spain and Italy with the aim of averting financial meltdown in the euro zone, while the G7 and G20 offered soothing words to investors shaken by a historic downgrade of the U.S. debt rating.
Jefferies & Co. upgraded its rating on shares of Logica Plc (London: LOG) to "hold" from "underperform", while lowering its price target to 90 pence from 105 pence.
Mariah Carey is all set to star in the reality show X Factor.
Online hackers AntiSec retaliated against police by breaching 10 gigabytes of sensitive data from more than 70 U.S. law enforcement Web sites. The hackers said they retrieved emails, credit card information and other sensitive data in retaliation against the arrests of alleged members accused of hacking into the CIA, Britain's Serious Organized Crimes Agency, or SOCA, and Sony.
Authorities in Britain are asking that calmness prevail following a riot in Tottenham on Saturday where police cars were torched, stores looted and multiple fires were set in the north London area. Rioters on Saturday set two patrol cars, a building and a double-decker bus ablaze when they clashed with police in front of the Tottenham Police Station demanding "justice" for the death of a 29-year-old killed in a gunfight.
It may have started out as a time-travel mystery starring dinosaurs, but Fox television now appears to be repositioning its pricey new "Terra Nova" series as a family adventure.
Standard & Poor's took the unprecedented step of downgrading the U.S. government's "AAA" sovereign credit rating Friday in a move that could send shock waves through global. The following is a press release from Standard & Poor's:
The rioting in Tottenham, north London comes three decades after the deadly summer of 1981 when cities across England witnessed massive civil unrest.
Kate Middleton's style continues to amaze. Despite calls that she is a "Royal Recycler," Kate has conquered the world of fashion with her timeless beauty and impeccable sense of style.
Corrupt practices, nepotism, imagery and an inadequate education system responsible for lack of scientific spirit
Three large solar explosions from the Sun are threatening to cause chaos on earth, with energy from the release potentially shutting down communications systems and power grids across the world.
The latest attack by AntiSec hackers was targeted at the police. The hackers associated with hacker groups LulzSec and Anonymous leaked over 10GB of information from over 70 law enforcement agencies in the U.S. on Friday.
London picked itself up on Sunday from some of the worst violence seen in the British capital for years which politicians and police blamed on criminal thugs but residents attributed to local tensions and anger over rising financial hardship.
Australian Adam Scott edged one stroke clear of a congested third-round leaderboard at the WGC-Bridgestone Invitational on Saturday after a thrilling day of dazzling shot-making and low scoring.
The United States lost its top-tier AAA credit rating from Standard & Poor's on Friday, a move that will affect the country's borrowing costs and investor opinion of U.S. assets. Here is a Q+A on what the downgrade means for investors, consumers and to the country.