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  • South Korea's KT prices $1B bond: Dealogic

    KT, a South Korean telecom company, priced a $1 billion bond this week. The deal was priced at a discount and is the second largest dollar-denominated deal by a South Korean issuer in 2014, on par with Korean National Oil's $1 billion deal on Jan. 1

    April 18, 2014 11:36 am JST
  • In rare move, China, Japan, South Korea gang up on smog

    BEIJING -- Working-level environmental officers from Japan, China and South Korea met here recently to discuss cross-border air pollution, kicking off the first such talks among the three neighbors, which have long been mired in historical and terri

    April 18, 2014 03:30 am JST
  • Rescue work resumes to search for missing in sunken ferry

    SEOUL (Kyodo) -- Rescue work resumed Thursday to search for more than 280 passengers still missing after a multi-deck ferry sank off South Korea's southern coast Wednesday. Of the 475 passengers, most of whom were high school students, nine have

    April 17, 2014 08:03 pm JST
  • Hundreds still missing after ferry sinks off South Korea

    SEOUL (Kyodo) -- Six people were confirmed dead and 280 others listed as missing Wednesday night after a multi-story passenger ferry sank in waters off South Korea's southwest coast in the morning, according to South Korean antidisaster authorities.

    April 17, 2014 07:55 am JST
  • Toyota overhauls Camry to counter Hyundai's spiffy new Sonata

    NEW YORK -- Toyota Motor unveiled an upgraded Camry sedan at the New York Auto Show on Wednesday, counting on the sportier-looking sedan to steal the spotlight from Hyundai's all-new Sonata. The 2015 Camry, to debut this fall, features a bolder

    April 17, 2014 04:10 am JST
  • As smartphone profits dip, Samsung rushes to overhaul empire

    SEOUL -- Smartphones have been good to the Samsung group, but like all good things, an end is inevitable. With the company's other businesses on shaky ground, South Korea's largest conglomerate is racing to restructure. In his New Year's address

    April 17, 2014 12:00 am JST
  • Trade key to diplomatic success with US

    TOKYO -- U.S. President Barack Obama's Japan visit next week comes at a critical time for the bilateral relationship and for Asia. A key point of contention is the Trans-Pacific Partnership trade agreement. Tokyo and Washington are still at odds ove

    April 17, 2014 12:00 am JST
  • Asia's manufacturing balance could prove a house of cards

    BANGKOK -- Hon Hai Precision Industry is heading south. The company, better known as Foxconn, is in talks with an Indonesian provincial government to build an assembly plant in a Jakarta suburb. It wants to expand its smartphone supply chain, which

    April 17, 2014 12:00 am JST
  • Rescue workers search for 293 missing after South Korean ship sinks

    SEOUL (Kyodo) -- Rescue workers continue to search Wednesday for 293 missing passengers after a ship carrying about 460 people sank in waters off South Korea's southwest coast earlier in the day, leaving at least two dead, according to South Korean

    April 16, 2014 07:03 pm JST
  • Sony fights to revive TV business with 4K

    TOKYO -- Sony aims to whip its money-losing television business back into shape by focusing on ultrahigh-definition 4K technology. But despite the company's early lead, overseas rivals are catching up. A 4K TV boasts four times the resolution of

    April 16, 2014 05:24 am JST
  • US sounds alarm on possible North Korean nuclear test

    WASHINGTON -- The U.S. is holding a flurry of talks with Asian allies over a possible nuclear test by North Korea amid growing concern ahead of President Barack Obama's tour of the region later this month. North Korea launched ballistic missile

    April 16, 2014 04:32 am JST
  • Japan online ad agency Adways big on Asia smartphone market

    TOKYO -- Japanese Internet advertising agency Adways is accelerating its business targeting Asia's market for smartphone ads. Haruhisa Okamura, founder and CEO of Adways, has set a goal of "becoming the No. 1 agency for smartphone ads in Asia."

    April 15, 2014 07:00 pm JST
  • Stephen Grenville: IMF ignores its own data on emerging economies

    Christine Lagarde, managing director of the International Monetary Fund, told the Group of 20 summit in St. Petersburg last September: "Just as some advanced economies have begun to gather momentum, many emerging markets are slowing." With this warn

    April 15, 2014 01:00 pm JST
  • Obama to visit Japan on April 23-25: White House

    WASHINGTON (Kyodo) -- U.S. President Barack Obama will visit Japan for three days from April 23 on the first leg of a weeklong Asian tour that will also take him to South Korea, Malaysia and the Philippines, the White House said Monday. Obama w

    April 15, 2014 10:01 am JST
  • Japan, South Korea try some diplomacy ahead of Obama visit

    TOKYO -- Japan and South Korea will show they are at least interested in mending fences before U.S. President Barack Obama travels to Asia, but they remain deeply divided over questions of history and territory. Asia bureau chiefs from both coun

    April 15, 2014 03:06 am JST
  • SingTel teams with Samsung to boost Asian mobile data presence

    SINGAPORE -- Singapore Telecommunications announced a multifaceted partnership with Samsung to accelerate wireless data usage in emerging markets from India to Indonesia. The tie-up is aimed at increasing data revenue through SingTel group compa

    April 14, 2014 11:59 pm JST
  • South Korean won near 6-year high on current-account surplus

    TOKYO -- The South Korean won is surging on an increase in the country's current-account surplus, briefly hitting 1,031 against the dollar last Thursday to mark its highest level since August 2008. Though the won has been rising since the start

    April 14, 2014 07:00 pm JST
  • Museums wrestle with how to display, preserve contemporary art

    TOKYO -- Museums the world over have a problem with contemporary art. Namely, the particular needs of art installations can often prevent them from being displayed properly. There are works, for instance, that play videos on outdated TVs. Other

    April 14, 2014 07:00 am JST
  • Glendale city defends approval of "comfort women" memorial in lawsuit

    LOS ANGELES (Kyodo) -- The city authority of Glendale, southern California, requested a court Friday to dismiss a lawsuit filed by Japanese-American citizens in February over a statue honoring wartime sex slaves erected in a public park. In the

    April 12, 2014 04:48 pm JST
  • Japan's internal affairs minister visits Yasukuni

    TOKYO (Kyodo) -- Internal Affairs and Communications Minister Yoshitaka Shindo visited the war-linked Yasukuni Shrine in Tokyo on Saturday, with the lawmaker describing his attendance as "a private matter." "I did it as a private matter which I

    April 12, 2014 01:58 pm JST