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  • Trump says he is considering quotas, tariffs on Chinese steel dumping

    PARIS (Reuters) -- U.S. President Donald Trump said he is considering quotas and tariffs to deal with the "big problem" of steel dumping from China and others."They're dumping steel and destroying our steel industry, they've been doing it for decade

    July 14, 2017 06:08 am JST
  • Wall St rises as financials lead before earnings

    NEW YORK (Reuters) -- Wall Street posted slight gains on Thursday and the Dow hit another record high close, with financials rising ahead of profit reports due Friday from several big U.S. banks.The financial index was the best performer among the 1

    July 14, 2017 05:41 am JST
  • TPP to stay largely as is minus US, members agree

    TOKYO -- The Trans-Pacific Partnership will be salvaged without too many revisions despite the American withdrawal, the 11 remaining signatories agreed Thursday, but forging a new pact will still likely prove a contentious process.Negotiators met fo

    July 14, 2017 02:41 am JST
  • US urges China to release Liu Xiaobo's wife and let her leave

    WASHINGTON (Reuters) -- U.S. Secretary of State Rex Tillerson expressed condolences for the death of Chinese dissident and Nobel Peace Prize-winner Liu Xiaobo on Thursday and called on China to release his wife Liu Xia and let her leave the country.

    July 14, 2017 02:39 am JST
  • Seoul readies to defend 'win-win' trade deal against Trump pressure

    SEOUL -- As the U.S. seeks to rework what it considers an unfair free trade agreement with South Korea, Seoul hopes to persuade its ally that the deal has actually benefited both sides.South Korean President Moon Jae-in on Thursday directed Blue Hou

    July 14, 2017 02:13 am JST
  • Amazon's Prime Day smashes records with 60% sales increase

    SILICON VALLEY -- Sales for this year's Prime Day bargain by Amazon.com grew 60% from the previous year to hit a new high, the company said on Wednesday.Although the U.S. e-commerce giant did not disclose sales figures, they are believed to have out

    July 13, 2017 07:34 pm JST
  • US demands renegotiation of South Korea free trade pact

    WASHINGTON -- The office of the U.S. trade representative said on Wednesday it has requested a special session with South Korea to renegotiate terms of their free trade agreement in August.U.S. Trade Representative Robert Lighthizer stated that "a k

    July 13, 2017 12:11 pm JST
  • Andy Yee

    Blockchain can lift Asian trade over gaps in trust

    Much discussion has centered on the use of blockchain, the technology that underlies the digital currency bitcoin, as a tool to improve transparency and efficiency in financial services. Its greatest potential however lies in the provision of a crit

    July 13, 2017 12:00 pm JST
  • G-20's failure over North Korea bodes ill for the future

    HAMBURG/BEIJING Member countries left the Group of 20 summit in Hamburg, Germany on July 8 after blowing an opportunity to help defuse the dangerous situation brewing on the Korean Peninsula.While North Korea crowed about its July 4 test-firing of a

    July 13, 2017 10:00 am JST
  • Gadget assembler Foxconn harbors big-brand ambitions

    TAIPEI Terry Gou, founder and chairman of Hon Hai Precision Industry, seemed caught off guard and unprepared to talk outside his hotel in Osaka in early June when approached by a Nikkei Asian Review reporter.But Gou soon loosened up, taking the oppo

    July 13, 2017 10:00 am JST
  • Apple to use OLED screens in new iPhones next year: Sources

    TAIPEI Apple is planning to use organic light-emitting diode displays in all new iPhone models, starting in the second half of 2018, according to two industry sources.One said that Apple is tentatively looking at releasing three new models next year

    July 13, 2017 10:00 am JST
  • Asia is a growing force in global industry, survey shows

    TOKYO Asian companies are a growing force in industry, taking the largest global market share in 27 out of 57 product and service categories last year, according to a major annual survey.Asian players are strong in information technology and electro

    July 13, 2017 10:00 am JST
  • 'Tight oil' lures Asian producers to the US

    SINGAPORE Asian energy companies look set to catch up to their peers with investments in U.S. unconventional oil production -- the dominant focus of merger and acquisition activity in the global energy industry over the last 12 months.Asian oil prod

    July 13, 2017 10:00 am JST
  • Foxconn, Apple and the partnership that changed the tech sector

    PALO ALTO, U.S. For Apple, Hon Hai Precision Industry is not just a subcontractor. It is a business partner. And though both sides are taking steps to reduce their mutual dependence, their fortunes remain very much entwined.Their ties deepened in 20

    July 13, 2017 10:00 am JST
  • The software engineer keeping Uber on track

    PALO ALTO, U.S. As a software engineer at Uber Technologies, a big part of Yuki Yamashita's job is to find ways to bridge the physical-digital divide and make sure the company's popular ride-hailing app gets its 40 million monthly users to their des

    July 13, 2017 10:00 am JST
  • Richard Heydarian: Mindanao crisis stops Duterte from cutting the US cord

    Now in his second year in office, Philippine President Rodrigo Duterte is confronting his greatest political challenge. For the past month and a half, a legion of Islamic State-affiliated fighters, under the command of the Maute group, have stubborn

    July 13, 2017 10:00 am JST
  • Joseph Chinyong Liow

    Southeast Asia views Trump administration with unease

    Since the withdrawal of U.S. forces from Vietnam in 1973, the tendency among American foreign policy decision makers has been to pay relatively little attention to Southeast Asia compared to other regions, with the exception of counter-terrorism sin

    July 13, 2017 09:00 am JST
  • US informs South Korea plans to start talks to amend trade pact

    WASHINGTON (Reuters) -- The United States notified South Korea on Wednesday it plans to start negotiating amendments to a five-year-old free trade agreement with Seoul and called a meeting to kick off the talks for next month.The announcement came m

    July 13, 2017 06:17 am JST
  • Dow sets record-high close; Fed signals gradual rate hikes

    NEW YORK (Reuters) -- The Dow rose to a record high close while U.S. stocks kept their upward momentum Wednesday following Federal Reserve Chair Janet Yellen's congressional testimony to gradually raise interest rates.Yellen's speech was a nod to Wa

    July 13, 2017 06:04 am JST
  • Bitcoin split could prove a cryptocurrency 'black swan'

    TOKYO -- One of bitcoin's biggest tests looms next month as disagreement over how the virtual currency ought to be maintained has exchange operators considering a freeze on transactions to protect users.Bitcoin lacks a single governing authority lik

    July 13, 2017 05:27 am JST