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  • Asian equities

    China stocks slide despite speculation over funds injection

    HONG KONG -- Chinese stocks continued to struggle Wednesday, after sharp overnight declines in the U.S. and Europe. Global investors are finding it hard to shake concerns about the fundamental weakness of the world's second-largest economy. The

    September 2, 2015 06:00 pm JST
  • 'Not pessimistic'

    China market woes no threat to Asia's growth, says ADB chief Nakao

    TOKYO -- Asia's economies will continue to grow steadily in the future, Asian Development Bank President Takehiko Nakao said Wednesday, arguing they are strong enough to weather a slowdown in China. Speaking at a hotel in Kanagawa Prefecture, so

    September 2, 2015 06:00 pm JST
  • Chinese, South Korean leaders hold talks ahead of WWII events

    BEIJING (Kyodo) -- Chinese President Xi Jinping on Wednesday held talks with South Korean President Park Geun Hye, a day before they attend a massive military parade in the heart of Beijing to commemorate together Japan's defeat in World War II.

    September 2, 2015 02:50 pm JST
  • New leader

    KEB Hana Bank becomes South Korea's largest on launch

    SEOUL -- Hana Financial Group holdings Hana Bank and Korea Exchange Bank merged Tuesday, creating a new leader in South Korea's banking sector. The newly launched KEB Hana Bank has 299 trillion won ($256 billion) in assets based on figures from

    September 1, 2015 11:40 pm JST
  • Brand strengthening

    Chat app operator Daum Kakao to rename itself Kakao

    SEOUL -- South Korea's Daum Kakao will change its name to Kakao, the messaging app provider said Tuesday. The company was born last October via a merger of Daum Communications and Kakao. The former operated the search engine Daum and the latter

    September 1, 2015 09:58 pm JST
  • Signs of pullback growing

    Spiking gold to oil ratio points to trouble for world economy

    TOKYO -- The world economy is showing signs of stress, as reflected in turbulent global stock markets. Investors and policymakers are on guard, with the outlook China and other emerging economies particularly grim. One closely watched commodity

    September 1, 2015 02:15 pm JST
  • Nikkei PMI

    South Korea's factory activity remains weak at 47.9 in August

    TOKYO -- The Nikkei South Korea Manufacturing Purchasing Managers' Index, or PMI, for August remained weak at 47.9. It was 47.6 in July. A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction.(Nikkei)

    September 1, 2015 10:40 am JST
  • S.Korea Aug exports mark worst fall in 6 yrs, inflation steady

    SEOUL (Reuters) -- South Korea's exports fell for an eighth straight month in August and at the fastest pace since 2009, preliminary data showed on Tuesday, as an economic slowdown in its biggest trade partner China dissipates foreign demand. Ex

    September 1, 2015 09:56 am JST
  • Nariman Behravesh

    What are the ramifications of the 'rolling routs' in financial markets on US and global growth?

    Global financial markets have been gripped by fear in recent weeks. What began as "Taper Panic" two years ago turned into "The Great Deflation" in commodity prices last year, and finally morphed into a huge stock market sell-off this summer, first i

    September 1, 2015 09:28 am JST
  • Casting a wider net

    Countries to bolster measures against tax avoidance

    TOKYO -- About 40 countries have agreed on a set of measures for combating tax avoidance by multinational corporations, taking aim at shell companies operating in tax havens. The framework was solidified in a recent round of working-level talks

    September 1, 2015 02:00 am JST
  • Troops along border

    China indirectly tells North Korea to behave itself

    TOKYO -- It is clear that North Korea's latest attention-seeking tantrum crossed a line with China, whose 70th anniversary end-of-the-war military parade takes place later this week. Unlike previous occasions on which North Korea felt the need to sh

    August 31, 2015 07:30 pm JST
  • Susheela Rivers

    Asia to draw renewed interest from property investors

    Asia has been an attractive destination for inbound property investment for years. Global investors have poured money into the region in the hope of high returns. However, 2014 saw a surge in the value of outbound real estate deals utilizing capital

    August 31, 2015 07:00 am JST
  • Medical research

    Genomic screening project aims to foster trials of new cancer drugs

    TOKYO -- Drugmakers in Japan, U.S. and Europe are teaming up to discover new drugs based on human genetic data. Led by the National Cancer Center of Japan, the joint research by private companies and academic institutions will collect genetic inform

    August 30, 2015 01:00 pm JST
  • Changing tide?

    Park's support soars after South Korea's standoff with Pyongyang

    SEOUL -- South Korean President Park Geun-hye's approval rating has soared since the end of a military confrontation with the North this week, providing a tailwind for a leader struggling to build domestic policy successes. Research company Gall

    August 29, 2015 12:21 am JST
  • Asian market jitters

    Sharp rebound fails to quell pessimism

    BANGKOK -- Even though mainland Chinese equities sharply rebounded on the last two days of a tumultuous week, market watchers remain on edge. Some warn that another steep correction is in store.2,000, here we come?David Cui, head of China equity str

    August 29, 2015 12:15 am JST
  • Bolstering production

    Samsung SDI to buy battery materials maker

    SEOUL -- Lithium-ion battery giant Samsung SDI plans to buy a battery materials business from a Samsung group company for 18.7 billion won ($15.9 million). Samsung SDI will obtain Samsung Fine Chemicals' interest in STM, a joint venture establis

    August 28, 2015 10:06 pm JST
  • Nicholas Spiro

    China the real worry for emerging market investors

    Investor sentiment towards emerging markets remains bleak. Emerging market stocks have lost 10% in dollar terms this month, resulting in a 20% decline over the past three months. In the period between Aug. 19 and 26, emerging market bond funds s

    August 28, 2015 07:00 pm JST
  • Japan-South Korea relations

    President Park tries softer line with Tokyo

    SEOUL -- Japanese officials got a pleasant surprise Aug. 15 when South Korean President Park Geun-hye responded favorably to Japanese Prime Minister Shinzo Abe's statement marking the 70th anniversary of the end of World War II. The night befor

    August 28, 2015 03:45 pm JST
  • Curtis S. Chin and Jose B. Collazo

    Is Southeast Asia equal to the opportunity challenge?

    It is perhaps not surprising that the issue of inequality gained little attention at the just-concluded 47th ASEAN Economic Ministers' meeting in Malaysia's capital. After all, relative to economic troubles elsewhere in the world, Southeast Asia's r

    August 27, 2015 05:00 pm JST
  • Crisis takes its toll on currencies

    BANGKOK -- Knee-jerk reactions to Chinese moves in equity markets are currently grabbing headlines. But a longer-term perspective looking at the currency market shows just how deeply connected China has become with the global economy. The Nikkei

    August 27, 2015 12:00 am JST