SEOUL - Stocks on the move on Tuesday include: As of 0220 GMT, the main KOSPI was up 0.8 per cent at 1,399.60 points.

The index opened 1.0 per cent higher at 1,402.30 points.

The newspaper Hankyoreh said on Monday the South Korean carmaker could face bankruptcy even before submitting its business normalisation plan to the court, quoting the court-appointed administrators.

"Ssangyong Motor's estimated value on the recovery has been lowered as its operation has slowed down," said Lee Sang-hyun, an analyst at Hana Daetoo Securities.

"The government rescue measures would be the only hope since the management-workers talk is heading toward a collapse," Lee added.

Ssangyong Motor shares slid 12.76 per cent to 1,470 won (S$1.67) as of 0220 GMT. -Reuters