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  • Sinkholes in Seoul keep nation focused on safety-efficiency equation

    SEOUL -- A series of road collapses in South Korea this summer has raised further questions about safety in a country still reeling from the deadly Sewol ferry disaster in April. Some say the nation's economic development rush came at the price of p

    August 29, 2014 07:00 pm JST
  • Samsung's newest smartwatch works without smartphone

    SEOUL -- Samsung Electronics and LG Electronics both announced new smartwatches Thursday, with Samsung displaying a wearable that works without a smartphone, and LG showing off a gadget that has a round face like a regular wristwatch. The new Sa

    August 29, 2014 02:56 am JST
  • Kishida seeks new envoy's support to improve Japan-S. Korea ties

    TOKYO (Kyodo) -- Foreign Minister Fumio Kishida met South Korea's new Ambassador to Japan Yoo Heung Soo on Thursday and sought his cooperation in improving bilateral relations strained by a territorial dispute and differing perceptions of wartime h

    August 28, 2014 07:00 pm JST
  • Seoul earmarks $11.9B for R&D in 2015

    SEOUL -- South Korea's National Science and Technology Council decided to allocate a record 12.3902 trillion won ($12.3 billion), a 2.3% year-on-year increase, to R&D activities in the 2015 budget plan at the council's sixth session. The NSTC, w

    August 28, 2014 01:24 pm JST
  • The big uneasy: South Korea's close economic ties with China a two-edged sword

    SEOUL -- China's meteoric rise to global superpower status has given South Korea reason to both celebrate and squirm, as economic ripples from its giant neighbor can hit like tidal waves. Raon Private Town is a resort complex on Jeju, an island

    August 28, 2014 01:00 pm JST
  • Ministop goes on Asia investment spree

    TOKYO -- Japanese convenience store chain Ministop will step up efforts to further strengthen its footprint across Asia. Ministop will refurbish existing stores in South Korea, its core overseas market, in a bid to attract more customers, especi

    August 28, 2014 01:00 pm JST
  • Myanmar seen licensing multiple Japanese banks

    YANGON -- Myanmar will issue licenses to foreign banks for the first time since the 2011 transition to a civilian government, and multiple Japanese banks are expected to get the nod thanks to their sizable client bases and global prominence. Wit

    August 28, 2014 04:22 am JST
  • East Asian free-trade talks stumble over tariff rates

    TOKYO -- Sixteen Asia-Pacific nations negotiating a free-trade pact were unable to settle on a common target for tariff elimination at a ministerial meeting Wednesday in Naypyitaw, making a conclusion by the end of next year unlikely. This marke

    August 28, 2014 03:50 am JST
  • Gi-Wook Shin: Can we use skilled foreign labor as social capital?

    I left South Korea in the summer of 1983 to pursue graduate studies in the U.S. At the time, I had every intention of returning to South Korea with an advanced degree. After three decades, I am still in the U.S., teaching at an American, not a Korea

    August 28, 2014 12:00 am JST
  • Chipmakers go 3-D to boost performance

    TOKYO -- There are limits to how small circuits can get on flat computer chips. That is why some industry players are taking their downsizing efforts to a new dimension, literally. The effort to make semiconductor devices smaller using conventio

    August 28, 2014 12:00 am JST
  • George Magnus: Strategies for winning the demographic battle

    Asia's aging population will inevitably affect its economic growth. But demographics are not destiny; all nations have the capacity to develop ways of navigating the transition toward grayer societies. The main mechanisms for coping with a stagn

    August 28, 2014 12:00 am JST
  • KidZania CEO sees opportunity in Asia's education ethic

    MEXICO CITY -- From Sao Paulo to Moscow, KidZania is expanding around the world. It is particularly keen to branch out in Asia, where large cities and education-minded families spell vast opportunities for the children's theme park operator. CEO

    August 28, 2014 12:00 am JST
  • India next target for Chinese, Taiwanese smartphone makers

    MUMBAI -- Chinese smartphone manufacturers are shaking up the Indian market as they rapidly gain popularity and shift the balance of power in the country's mobile sector. Since entering the Indian market in July, Beijing Xiaomi Technology has qu

    August 28, 2014 12:00 am JST
  • Samsung struggles against falling earnings as charismatic leader recovers

    TOKYO -- Samsung Group's charismatic leader Lee Kun-hee has recovered "considerably" from a heart attack, said Lee June, senior managing director of the group, in mid-August. The 72-year-old leader is reportedly spending more time sitting up in

    August 27, 2014 07:00 pm JST
  • Park fears Japan-like deflation as her presidency bogs down in politics

    SEOUL -- It was Aug. 5, and South Korean President Park Geun-hye was attending her first post-summer-vacation cabinet meeting. She wore a stern expression. At issue was a young soldier who was bullied to death by his seniors. "Punish those responsib

    August 27, 2014 01:00 pm JST
  • South Korea proposes vice-ministerial talks with Japan in Sept.: report

    SEOUL (Kyodo) -- South Korea has proposed holding a vice-ministerial meeting with Japan in early September in a major turnaround of its position to expand dialogue with the neighboring country, a Seoul daily reported Wednesday. Citing multiple S

    August 27, 2014 11:30 am JST
  • Chinese tourists, sneakers put spring in ABC-Mart's earnings

    TOKYO -- While its peers struggle with depressed consumer demand in the wake of the consumption tax hike, footwear retailer ABC-Mart is defying the odds by racking up strong earnings. The Japanese company's profit is being driven by three factor

    August 25, 2014 11:21 pm JST
  • KidZania CEO values Asia's education ethic

    MEXICO CITY -- KidZania is rapidly expanding around the world, especially in Asia. CEO and founder Xavier Lopez spoke recently with the Nikkei about his company's plans for Asia. Excerpts from the interview follow.Q: Why have you opened so many faci

    August 21, 2014 07:00 pm JST
  • S. Korea consoles Japan over deadly landslides, flooding

    SEOUL (Kyodo) -- South Korea on Thursday offered "deep consolation" to Japan for massive damages caused by recent landslides and flooding in Hiroshima, which have left 39 people dead and seven missing. "Our government conveys our deep consolatio

    August 21, 2014 04:20 pm JST
  • New Korean ambassador to Japan eager to mend bilateral ties

    SEOUL -- Former South Korean lawmaker Yoo Heung-soo, who spent his early childhood in Japan and has personal connections with Japanese officials, is resolved to help thaw the frosty bilateral relationship as he prepares to take up his post as ambass

    August 21, 2014 06:24 am JST