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  • Crisis takes its toll on currencies

    BANGKOK -- Knee-jerk reactions to Chinese moves in equity markets are currently grabbing headlines. But a longer-term perspective looking at the currency market shows just how deeply connected China has become with the global economy. The Nikkei

    August 27, 2015 12:00 am JST
  • How 'Black Monday' unfolded

    BANGKOK -- The global commentariat has dubbed Aug. 24, 2015, another "Black Monday." The original one -- Oct. 19, 1987 -- was a global equity collapse that culminated in a 22.6% drop in the Dow Jones Industrial Average. Substantial U.S. trade and fi

    August 27, 2015 12:00 am JST
  • International cooperation will be essential

    TOKYO -- The unrest rippling through global markets will test policymakers' ability to work together, calm investors and maintain economic momentum. Fears of slowing Chinese growth have cast a pall over the global economy and investors are scram

    August 27, 2015 12:00 am JST
  • Koreas agree to defuse tensions

    SEOUL -- The two Koreas on Aug. 25 produced a six-point joint agreement to ease their recent spike in tensions. North Korea expressed regret over the incident on Aug. 4, in which two South Korean border guards were maimed by land mines on the so

    August 27, 2015 12:00 am JST
  • From Shanghai to the world

    How 'Black Monday' unfolded

    BANGKOK -- The global commentariat has dubbed Aug. 24, 2015, another "Black Monday." The original one -- Oct. 19, 1987 -- was a global equity collapse that culminated in a 22.6% drop in the Dow Jones Industrial Average. Substantial U.S. trade and fi

    August 26, 2015 07:00 pm JST
  • Tied to China

    Crisis takes toll on currencies

    BANGKOK -- Knee-jerk reactions to Chinese moves in equity markets are currently grabbing headlines. But a longer-term perspective looking at the currency market shows just how deeply connected China has become with the global economy. The Nikkei

    August 26, 2015 07:00 pm JST
  • Batten down the hatches

    China brews a global economic storm

    TOKYO -- Market participants are rereading a year-old International Monetary Fund paper that took up the question of the global consequences of slower Chinese growth. China's economic ties with the rest of Asia have deepened not only in terms of

    August 26, 2015 07:00 pm JST
  • International schisms

    Western leaders pass on China's WWII commemorations

    BEIJING -- Leaders of major Western nations will not attend China's events commemorating the end of World War II, a sign of security and economic rifts between the two sides. "So far, a total of 49 countries have confirmed presence at China's Se

    August 26, 2015 02:03 am JST
  • North, South Korea reach agreement to ease tensions

    SEOUL (Reuters) -- North and South Korea reached agreement early on Tuesday to end a standoff involving an exchange of artillery fire that had pushed the divided peninsula into a state of heightened military tension. Under the accord reached aft

    August 25, 2015 04:11 am JST
  • Bordering on war

    South Korea's Park takes hard line in tense talks with North

    SEOUL -- The nerve-wracking length of talks aimed at defusing the latest stare-down between the Koreas owes partly to the defiance showed by South Korean President Park Geun-hye in the face of Pyongyang's saber-rattling. The on-again, off-again

    August 25, 2015 02:37 am JST
  • Koreas' talks run through night to defuse tensions

    SEOUL (Kyodo) -- High-level talks between North and South Korea ran through Sunday night into Monday morning in a bid to defuse newly heightened tensions. The talks at the truce village of Panmunjeom were apparently still underway after 8 a.m. M

    August 24, 2015 11:06 am JST
  • 2 Koreas resume high-level talks to defuse tensions

    SEOUL (Kyodo) -- For a second day Sunday high-level talks between North and South Korea on ways to defuse newly heightened tensions stretched late into the night at the truce village of Panmunjeom. According to the South Korean Unification Minis

    August 24, 2015 12:16 am JST
  • High-level talks between 2 Koreas still underway

    SEOUL (Kyodo) -- High-level talks between North and South Korea that began Saturday evening at the truce village of Panmunjeom on ways to defuse newly heightened tensions have continued past midnight, according to the South's Unification Ministry.

    August 23, 2015 01:05 am JST
  • 2 Koreas begin high-level talks to defuse tensions

    SEOUL (Kyodo) -- North and South Korea began high-level talks Saturday evening at the truce village of Panmunjeom to discuss ways to defuse the escalating tensions created by an exchange of artillery shells on Thursday, according to the South's Unif

    August 22, 2015 07:16 pm JST
  • 2 Koreas agree to hold high-level talks Sat. to defuse tensions

    SEOUL (Kyodo) -- North and South Korea agreed to hold high-level talks at 6 p.m. Saturday at the truce village of Panmunjeom to discuss ways to defuse the escalating tensions created by an exchange of artillery shells on Thursday, a senior official

    August 22, 2015 06:45 pm JST
  • N. Korea threatens military counteraction at U.N. as tensions rise

    NEW YORK (Kyodo) -- A North Korean envoy at the United Nations on Friday reiterated a threat of a strong military response if South Korea did not stop its anti-Pyongyang propaganda broadcasts along the demilitarized zone in the latest flare-up of te

    August 22, 2015 01:31 pm JST
  • Mounting tension

    North Korea dials up threat of military attack

    SEOUL -- North Korea said Friday that its military is ready to attack South Korea unless the neighboring nation halts anti-Pyongyang propaganda broadcasts, ratcheting up the confrontation at the border. Ji Jae Ryong, the North's ambassador to Ch

    August 22, 2015 01:16 am JST
  • North Korea declares 'quasi-state of war' as tensions rise with South Korea

    BEIJING (Kyodo) -- North Korean leader Kim Jong Un has declared a "quasi-state of war" in frontline areas amid escalating tensions with South Korea, Pyongyang's official media said Friday. North Korea convened Thursday night an emergency meeting

    August 21, 2015 11:16 am JST
  • Tensions rise as North and South Korea exchange fire

    SEOUL (Reuters) -- South Korea fired a barrage of artillery rounds into North Korea on Thursday after the North shelled across the border to protest against anti-Pyongyang propaganda broadcasts by Seoul, moves that raised tensions on the divided pen

    August 21, 2015 09:22 am JST
  • For companies, devaluation hit like a bolt from the blue

    BANGKOK -- The sudden devaluation of the yuan Aug. 11 was a stunning surprise for many companies, both inside China and out. Equity market reactions around the world after the announcements from Aug. 11 to the 14th have highlighted which companies a

    August 20, 2015 12:00 am JST