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  • Lessons from the Elysee Treaty

    How Japan and Korea can cooperate in science and technology

    The year 2015 marks the 50th anniversary of the Treaty on Basic Relations, which restored diplomatic ties between Japan and the Republic of Korea (hereafter, Korea) when it came into effect in 1965. Having worked for three years in the Japanese emba

    November 28, 2014 01:40 pm JST
  • Asia-Pacific M&A

    Volume hits record high, China most targeted

    SINGAPORE -- Merger and acquisition volume in the Asia-Pacific region hit a record high for the year-to-date, according to latest statistics from global deal tracking company Dealogic. A total of 8,609 M&A transactions, worth $566.5 billion ha

    November 28, 2014 12:40 pm JST
  • Press freedom in South Korea

    Trial of Japanese journalist begins

    SEOUL -- The attorney representing a Japanese journalist accused of defaming President Park Geun-hye squared off with prosecutors in a trial that began Thursday, providing a riveting courtroom drama that brings the issue of press freedom into sharp

    November 28, 2014 04:58 am JST
  • Corporate streamlining

    Samsung to unload petrochemical, defense businesses

    SEOUL -- Samsung will sell off units in the petrochemical and defense industries, as the group restructures in advance of a leadership handover to a younger generation. The group said Wednesday it will sell four companies, including Samsung Tota

    November 27, 2014 05:43 am JST
  • Japanese banks look beyond Northeast Asia

    Japanese banks are following the money, and it is taking them out of China and into the rest of Asia. The structure of Japanese banking is undergoing a significant shift as domestic manufacturers invest more in South and Southeast Asia, and less

    November 27, 2014 12:00 am JST
  • Frederic Neumann: Monetary easing not the answer for Asia

    The U.S. Federal Reserve, having ended its quantitative easing in October, may be edging closer to a rate hike next year. But much of Asia, with the exception of Indonesia, is heading in the opposite direction. Only a few, short weeks ago, the B

    November 27, 2014 12:00 am JST
  • The race to the center of the city

    Tourists and corporate executives want fast access to their destinations, not just to airports. Once travelers land, they have to choose how to complete their journey -- via train, bus or taxi. Cost and convenience have to be weighed. Make your choi

    November 27, 2014 12:00 am JST
  • Chinese steel

    Cheap billet exports hit Asian markets

    TOKYO -- China's massive exports of cheap, semifinished steel are swaying markets across Asia, pushing down prices of both scrap metal and finished steel products. Excessive production of steel in China, including billets, as semifinished steel is k

    November 26, 2014 07:00 pm JST
  • Mixed signals in India

    Modinomics draws foreign investment, but domestic businesses slow

    MUMBAI -- Modinomics economic reforms have brought in a flood of foreign investment and propelled stocks to an all-time high, but real growth still remains elusive as domestic companies struggle to keep up with expectations. Foreign direct inves

    November 26, 2014 05:15 am JST
  • China craves South Korean cosmetics

    Amorepacific taps surging demand for midrange beauty products

    SEOUL -- Amorepacific is boosting its production capacity in China tenfold as it aims to satisfy the country's growing appetite for affordable cosmetics. The leading South Korean cosmetics company generated group sales of 996.7 billion won ($909

    November 25, 2014 01:00 pm JST
  • Frederic Neumann

    Monetary easing not the answer to Asia's travails

    The U.S. Federal Reserve, having ended its quantitative easing in October, may be edging closer to a rate hike next year. But much of Asia, with the exception of Indonesia, is heading in the opposite direction. Only a few, short weeks ago, the B

    November 24, 2014 07:00 pm JST
  • Tokyo-Seoul ties

    Park may be warming up to Abe through informal chitchat

    TOKYO -- The relationship between Tokyo and Seoul may have become a little less strained thanks to a recent series of informal chats between South Korean President Park Geun-hye and Japan's Prime Minister Shinzo Abe. It was Abe who made the firs

    November 24, 2014 01:00 pm JST
  • Japan, China, South Korea agree on Ebola cooperation

    BEIJING (Kyodo) -- The health ministers of Japan, China and South Korea said Sunday they will collaborate closely in preventing Ebola and other deadly diseases from entering their borders. The trilateral meeting was held in Beijing at a time of

    November 23, 2014 02:33 pm JST
  • Garment industry shift

    Vietnam emerges as next big factory floor

    TOKYO/YANGON -- Cost-sensitive garment businesses around the world increasingly regard Vietnam as a top choice for production, in anticipation of a trans-Pacific trade deal that would eliminate tariffs on clothes entering the U.S. A factory esta

    November 22, 2014 06:41 am JST
  • Lithium-ion batteries

    Marubeni sells US electrode carbons in Asia

    TOKYO -- Japanese trading house Marubeni has broadened its battery business, selling advanced electrode materials for use in lithium-ion batteries to battery manufacturers in South Korea and China. The materials come from EnerG2, based in Seattl

    November 22, 2014 01:17 am JST
  • Samsung's reshuffle

    Earnings slump has top executives fearing shake-up

    SEOUL -- As earnings continue to disappoint, top officials at Samsung Electronics are awaiting this year's personnel reshuffle with more anxiety than usual. The South Korean electronics giant usually begins implementing its annual personnel chan

    November 21, 2014 07:00 pm JST
  • South Korean gamble

    Sega Sammy begins building integrated casino-resort

    INCHEON, South Korea -- Sega Sammy Holdings broke ground here Thursday on an integrated resort that will center on a casino, with opening slated for May 2017. Surrounding the foreigners-only casino will be lodgings and a shopping mall. The resor

    November 21, 2014 07:02 am JST
  • Japanese automakers race ahead

    Toyota leads pack with record net profit

    TOKYO -- Japanese automakers enjoyed solid earnings for the fiscal 2014 first half, helped by a weak yen and robust North American market, while recall woes and unfavorable exchange rates eroded profits at U.S. and South Korean rivals. The Nikke

    November 21, 2014 02:13 am JST
  • Exporting karaoke

    Koshidaka to ramp up South Korean parlor openings

    TOKYO -- Karaoke chain operator Koshidaka Holdings will turn to overseas markets for a new pillar of revenue, with plans to sharply boost its presence in South Korea while considering zeroing on karaoke aficionados in Malaysia and other Southeast As

    November 21, 2014 01:37 am JST
  • Washington, the AIIB and Taiwan

    US not fighting China-backed fund, senior official says

    TAIPEI -- Striking a reconciliatory tone, a senior U.S. diplomat said Thursday that Washington is not trying to undermine Chinese efforts to create a fund aimed at helping develop infrastructure in Asia. The statement by Kurt Tong, U.S. principl

    November 20, 2014 06:00 pm JST