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  • High growth in Asia-Pacific of high net worth individuals

    SINGAPORE -- The wealth held by high net worth individuals (HNWIs) in emerging Asia is predicted to grow at about 12.3% annually from 2013 to 2016, and at about 8.4% for their counterparts in more mature Asian economies, according to the Asia-Pacifi

    October 21, 2014 09:07 pm JST
  • China woos Australia, South Korea for regional development bank

    BEIJING -- China is seeking to rope Australia and South Korea into the Asian Infrastructure Investment Bank partnership to boost the institution's prestige and make it less menacing to the world's existing financial order. The fifth consultation

    October 21, 2014 05:06 am JST
  • Jordi Martin: Innovation is changing how the world works, be ready

    Flying into Tianjin, China's fourth-largest city, I could see from the air just how big China's major cities are. This was early September and I was in this metropolis of 14 million for the World Economic Forum's "Annual Meeting of the New Champ

    October 20, 2014 01:00 pm JST
  • Lotte beer taking South Korean market by storm

    SEOUL -- Lotte Chilsung Beverage has quickly carved out a niche in the beer market here through a 100% malt product with a rich taste and creamy foam, unlike the flat offerings of rivals Oriental Brewery and Hite-Jinro. Lotte sold 27 million can

    October 20, 2014 02:48 am JST
  • Sixteen die, nine hurt in accident at outdoor theater in S Korea

    SEOUL (Kyodo) -- Sixteen people were killed and nine others seriously injured at an outdoor theater on the outskirts of Seoul on Friday after they plunged into an underground car park when a ventilation grate they were standing on collapsed, Yonhap

    October 17, 2014 11:30 pm JST
  • Samsung readies next NAND revolution

    SEOUL -- Samsung Electronics has developed technology that could increase the data capacity of NAND flash memory chips by as much as 50%. The technology, called 3-bit/cell multilayer cell NAND, works in two ways to raise memory capacity. First,

    October 17, 2014 07:00 pm JST
  • South Korea's Park confronts limits of 'principled diplomacy'

    SEOUL -- The sporting action at the recently concluded 17th Asian Games in Incheon, South Korea, was overshadowed somewhat by the diplomacy surrounding the event. In a surprise move, North Korean leader Kim Jong Un sent three close aides to atte

    October 17, 2014 01:00 pm JST
  • Daum Kakao chief apologizes for wiretaps, vows no more

    SEOUL -- Revelations that the company behind the popular KakaoTalk instant-messaging service had complied with South Korean law enforcement authorities' eavesdropping warrants continue to reverberate throughout the country. Lee Sirgoo, co-chief

    October 17, 2014 03:55 am JST
  • Gi-Wook Shin: Is engaging North Korea still useful?

    Two weeks ago, North Korea surprised the world by sending three of its top leaders to the South to attend the closing ceremony of the 17th Asian Games in Incheon. The visit occurred in the midst of growing speculation that North Korea's young leader

    October 16, 2014 07:00 pm JST
  • Japan, China, South Korea to boost cooperation against cyberattacks

    TOKYO -- Japan, China and South Korea will hold their first working-level meeting on cyberattacks in Beijing on Tuesday, a move designed to create a cooperative framework and foster trust among the neighboring nations. The Japanese delegation wi

    October 16, 2014 04:19 am JST
  • Jeju gets jitters over Chinese visitors

    SEOUL -- Jeju Island, a popular South Korean vacation spot off the country's southwest coast, is experiencing an influx of Chinese visitors and not all the locals are happy about it. The number of tourists from China has been increasing sharply

    October 16, 2014 12:00 am JST
  • The play's (still) the thing

    SEOUL -- Relations between Japan and South Korea may be strained, but on stage, things are going swimmingly as theatrical exchanges between Japan and South Korea grow. Actors and playwrights deal with sensitive cultural and historical topics. At

    October 16, 2014 12:00 am JST
  • Anders Corr: China threat requires an Asian NATO

    China's increasing belligerence in the East and South China seas, and toward India, has fundamentally destabilized the security dynamics of Asia. Japan is seeking a closer alliance with India and is likely seeking advanced offensive weapons from the

    October 16, 2014 12:00 am JST
  • Investors take note

    HONG KONG -- A festive mood came over Japan's stock markets earlier this month after the 2014 Nobel Prize in physics went to three Japan-born scientists who made blue light-emitting diodes practical. The announcement was also considered good news in

    October 16, 2014 12:00 am JST
  • Business as usual for China

    GUANGZHOU, China -- The day after three Japanese scientists won the Nobel Prize in physics for changing the world with the blue light-emitting diode, China's state-run Xinhua news agency asked, "How can Japan win so many Nobel Prizes?" The headline

    October 16, 2014 12:00 am JST
  • Number of Nobelists speaks of prowess

    Winning the Nobel Prize in physiology or medicine, the Nobel Prize in physics or the Nobel Prize in chemistry is an indicator of the science and technology prowess of the nation from which the recipient hails.

    October 16, 2014 12:00 am JST
  • Lotte tries to catch pop culture wave with new Seoul megamall

    SEOUL/BANGKOK/DALIAN -- As big-budget shopping malls pop up across Asia, to varying degrees of success, South Korea's newest would-be consumer mecca attempts to capitalize on the country's prolific pop culture. Lotte World Mall opened Tuesday to

    October 15, 2014 12:00 pm JST
  • Asia-Europe summit will seek peaceful ends to thorny conflicts

    BRUSSELS -- European and Asian leaders are expected to agree on the need to bring international conflicts to peaceful ends under international law when they meet for a summit here this week. The biennial meeting, known as the ASEM summit, will t

    October 15, 2014 05:11 am JST
  • Japan, S Korea finance ministers agree to resume regular talks

    WASHINGTON -- (Kyodo) Japanese Finance Minister Taro Aso said Friday he agreed with his South Korean counterpart to resume regular bilateral talks that have been suspended since Nov. 2012 amid strained diplomatic relations between the neighboring co

    October 11, 2014 01:00 pm JST
  • G-20 discuss infrastructure investment for growth, details due in November

    WASHINGTON (Kyodo) -- Finance chiefs of the Group of 20 major economies agreed Friday to work out details of an initiative to promote investment and foster growth worldwide at a time when the global economy faces a raft of slowdown risks. "We wi

    October 11, 2014 12:50 pm JST