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  • Keeping an eye on the North

    Japan, US, South Korea to pool intelligence

    TOKYO -- Japan, the U.S. and South Korea are in the final stage of talks on a three-way framework for exchanging information about North Korean nuclear and missile activity, an attempt to bridge an intelligence-sharing gap between Tokyo and Seoul.

    December 18, 2014 05:48 am JST
  • South Korea's headache

    Won rises even as emerging currencies slip

    TOKYO -- South Korea's won keeps appreciating even while emerging-market currencies tumble -- a sign, some say, that the won has joined the club of safe assets since the country boasts a huge current-account surplus. The won traded at the 1,090

    December 18, 2014 04:34 am JST
  • Frederic Neumann: Asia does not have a dollar problem

    After a few false starts in recent years, the greenback is embarking on a relentless climb. Major swings in exchange rates force investors to reassess their positions, not just tactically but strategically. Global finance is thus in for a turbul

    December 18, 2014 12:00 am JST
  • South Korea's creative-economy recipe

    South Korea, having suffered through World War II and the Korean War, quickly rebuilt its infrastructure and economy. Thanks to its strong economic growth in the latter half of the 20th century, it soon took its place as one of the world's leading c

    December 18, 2014 12:00 am JST
  • Weaker yen batters Hyundai's sales in key US market

    SEOUL -- Hyundai Motor's strategy for lifting its sagging bottom line has hit a snag as a weaker yen is boosting the price competitiveness of its Japanese rivals in the crucial U.S. market. The South Korean automaker depended on the U.S. for 16%

    December 18, 2014 12:00 am JST
  • 2015 will be crucial

    Abe's politics should promote stability rather than tension

    TOKYO -- Japanese Prime Minister Shinzo Abe has reinforced his power base with the ruling coalition's victory in Sunday's general election. How he now uses his political might will affect not only Japan but also Asia as a whole. In late November

    December 17, 2014 07:00 pm JST
  • Make way for the Ivo and Knight X

    Indonesia and the Philippines have their own smartphone brands

    TOKYO/JAKARTA/MANILA -- In Indonesia and the Philippines, domestic smartphone makers could soon be selling more mid- to low-end handsets than their Chinese rivals. Sat Nusapersada, an Indonesian contract manufacturer, is making low-end smartphon

    December 16, 2014 07:00 pm JST
  • UN talks agree building blocks for new-style climate deal in 2015

    LIMA (Reuters) -- About 190 nations agreed on Sunday the building blocks of a new-style global deal due in 2015 to combat climate change amid warnings that far tougher action will be needed to limit increases in global temperatures. Under the de

    December 14, 2014 06:18 pm JST
  • All the rage

    Korean Air's 'nuts' spat feeds anger over haughty behavior

    SEOUL -- Criticism is growing over a Korean Airlines executive who delayed a flight after receiving service she deemed unacceptable, with the public ire even spilling over to the company itself and other family-run conglomerates. "I didn't raise

    December 13, 2014 07:20 am JST
  • Sagging Samsung

    New cellphone laws hurting at home

    SEOUL -- South Korea's Samsung Electronics has grappled with a declining share of the global smartphone market as Chinese and other emerging smartphone makers snag more and more customers. But even in South Korea, the company is on the ropes.

    December 12, 2014 07:00 pm JST
  • Asia-Pacific cities

    Tokyo tops poll in sightseeing, food culture

    TOKYO -- Japan's capital came in No. 1 among eight major Asia-Pacific cities in 10 categories, including sightseeing and food culture, in a survey this summer by Constituency Management Group, a U.S. public relations consultancy better known as Webe

    December 12, 2014 01:30 pm JST
  • Asian steel market

    Japan's imports from China, South Korea surge

    TOKYO -- Sluggish demand for steel products in China is pushing down market prices and sending more Chinese and South Korean products to Japan, though the weak yen is worsening the profitability of imports. Japan imported 5.1 million tons of ste

    December 12, 2014 01:00 pm JST
  • Daniel Twining

    Asia should focus on its own 'pivot to Asia'

    Much has been made of the intensifying strategic competition between the U.S. and China, with Beijing working to edge America out of its Asian neighborhood even as Washington doubles down on its regional partnerships and presence. Less attention has

    December 12, 2014 10:00 am JST
  • Attracting foreign shoppers

    Uniqlo offers duty-free purchases in central Tokyo

    TOKYO -- Fast Retailing is offering duty-free sales to foreigners shopping in Uniqlo stores in Tokyo, expanding the service beyond airports for the first time. Two major stores that have many foreign shoppers, one in the Ginza shopping district

    December 12, 2014 06:15 am JST
  • Asia steel crossroads

    Increased controls, competition spell trouble for Japan producers

    TOKYO -- Anti-dumping measures, bolstered quality controls and the advances of Chinese manufacturers are creating a tough climate for Japanese steelmakers. Australia conducted anti-dumping investigations for H-beams and other imported steel prod

    December 12, 2014 02:32 am JST
  • Politics in Korea

    Park's public support sinks as former aide faces questioning

    SEOUL -- South Korean President Park Geun-hye has found herself in a deepening political crisis as her former aide's suspected interference with state affairs has spurred criticism and sent her approval rating tanking. Prosecutors on Wednesday q

    December 11, 2014 05:35 am JST
  • Investors shun commodities in favor of equities

    HONG KONG -- Prices of crude oil and other natural resources have plunged. Speculation over the end of the so-called "supercycle," a term used to describe long-term changes in commodity prices, began two years ago. After returning from a break i

    December 11, 2014 12:00 am JST
  • Smartphone habits

    In South Korea and Singapore, ditching old for new is the thing to do

    TOKYO -- An online survey on mobile phone usage has hammered home a reminder that not all smartphone markets are created equal. In Singapore and South Korea, more than 60% of respondents said they had swapped old devices for new ones at least tw

    December 10, 2014 07:00 pm JST
  • Headwinds for Hyundai

    Weaker yen batters carmaker's sales in key US market

    SEOUL -- Hyundai Motor's strategy for lifting its sagging bottom line has hit a snag as a weaker yen is boosting the price competitiveness of its Japanese rivals in the crucial U.S. market. The automaker depended on the U.S. for 16% of its

    December 10, 2014 07:00 pm JST
  • Financial tie-up

    Sumitomo Mitsui Trust eyes local deals with South Korea's Hana

    TOKYO -- Sumitomo Mitsui Trust Holdings will form a business tie-up with Hana Financial Group of South Korea on Wednesday, aiming to jointly market investment products and broker M&A deals. Hana, ranked third in South Korea by total assets, has

    December 10, 2014 07:48 am JST