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  • Aussie iron queen poised to join the ranks of majors

    PILBARA, Australia -- With the development of what will be one of the biggest iron mines in Australia, Gina Rinehart has taken her late father's dream a step closer to reality. Rinehart took the helm of Australian natural resources firm Hancock

    July 29, 2014 07:00 pm JST
  • Is S Korea headed for Japan-style slump?

    SEOUL -- Dark clouds have started gathering over the South Korean economy. The Bank of Korea, the country's central bank, announced on July 24 that South Korea's gross domestic product rose 0.6% in the second quarter of 2014 from the previous qu

    July 29, 2014 01:00 pm JST
  • Samsung joins forces with local university to foster the future of IT

    SEOUL -- For South Korea, keeping its mobile industry internationally competitive while further developing its software industry is critical for its economic growth. To achieve these ends and revitalize a regional city, South Korea's Kyungpook N

    July 27, 2014 01:00 pm JST
  • China-North Korea trade ebbs amid chillier ties

    BEIJING -- Trade between North Korea and China continued to decline in the first half of the year, as relations deteriorated between the Hermit Kingdom and the nation that has long been its most important patron. Bilateral trade value slid 4% on

    July 26, 2014 05:51 am JST
  • A diplomatic thaw still elusive for Japan, South Korea

    TOKYO/SEOUL -- Although Park Geun-hye agreed to meet with Yoichi Masuzoe on Friday, the South Korean president reiterated her firm position on historical issues to the Tokyo governor, highlighting the difficulty Japan faces in its quest for a rappro

    July 26, 2014 02:29 am JST
  • Korean leader urges Tokyo governor to work for 'stable relations'

    SEOUL (Kyodo) -- South Korean President Park Geun Hye urged Tokyo Gov. Yoichi Masuzoe on Friday to work for a stable relationship between South Korea and Japan, the presidential press office said. Speaking at the outset of her meeting with Masu

    July 25, 2014 01:02 pm JST
  • Gi-Wook Shin: How can Northeast Asia resolve its history wars?

    Northeast Asia is a global center of economic dynamism, propelled by phenomenal growth in social and cultural interactions among the region's nations. Still, wounds from past wrongs, committed during times of colonialism and war, have not yet fully

    July 25, 2014 01:00 pm JST
  • Rising won casting shadow over South Korean economy

    SEOUL -- The strengthening won is weighing on South Korea's economy, squeezing profits at Hyundai Motor, Samsung Electronics and other major exporters. Hyundai's group net profit for the April-June quarter fell 7% on the year to 2.35 trillion wo

    July 25, 2014 04:04 am JST
  • Japan, China battle over financial infrastructure

    TOKYO -- The Japanese government released the revised version of its Japan Revitalization Strategy for 2014 late last month. There was a low-profile but important measure in the strategy: Strengthening the yen's infrastructure. The measure is de

    July 24, 2014 01:20 pm JST
  • 1st Japan, tomorrow the world for South Korean IT startups

    TOKYO -- South Korean information-technology startups have set their sights on Japan, hoping to use the world's largest mobile app market as a springboard to global expansion. A delegation representing 19 such companies visited Tokyo recently to

    July 24, 2014 01:00 pm JST
  • Diverging from the conventional shop

    TOKYO -- Every day, 7-Eleven scatters a few new shops around the world. As of the end of March, the number of stores displaying the orange, green and red logo came to 52,811, up 54% from six years earlier. A lot of those stores opened in Asia. T

    July 24, 2014 12:00 am JST
  • 7-Eleven's regional numbers game

    Saturation hampering Seven-Eleven Japan's expansion? No problem. Much of the rest of Asia seems primed for convenience store growth. The chain is rapidly expanding in China and Southeast Asia. Sales at Seven & i Holdings, 7-Eleven Inc.'s parent comp

    July 24, 2014 12:00 am JST
  • Brand Japan almost 400 years old

    An imaginary European palace adorned with roughly 100 reproductions of antique Imari porcelain exported from Japan between the mid-17th and 19th centuries is the venue of the 34th Summer Festival of Arita & Imari Porcelain. The show runs through

    July 24, 2014 12:00 am JST
  • 4G's rise

    Home to a huge and growing chunk of the world's mobile phone users, Asia is beginning to embrace fourth-generation cellular services. 4G technology offers much faster data speeds, which is good news for the swelling ranks of people who use their han

    July 24, 2014 12:00 am JST
  • Hyundai hit by new fuel economy lawsuit at home

    SEOUL -- Hyundai Motor is again embroiled in a large-scale legal dispute over its fuel economy claims. This time the problem is in its home market, where the South Korean automaker is increasingly threatened by competition from foreign rivals. H

    July 24, 2014 12:00 am JST
  • Ken Kutaragi: In-car IT ready for masses

    Android Auto drew strong attention at this year's Google I/O, an annual software developer-focused conference held in June. The platform extends the use of Google's Android operating system to automobiles. It functions by connecting users' smartphon

    July 24, 2014 12:00 am JST
  • Weaponizing the world

    Military spending in 2013 showed year-on-year growth worldwide in all regions except for the U.S., Europe and Oceania. Increases were particularly high in emerging economies. China has nearly tripled its military spending over a decade, and now acco

    July 24, 2014 12:00 am JST
  • The South Korean saturation struggle

    In any South Korean city, a convenience store is never more than a short walk away. It is not uncommon to find more than one on the same block, and several dotting an intersection. This abundance of outlets is handy for customers. But the market

    July 24, 2014 12:00 am JST
  • The regeneration of stem cell research in South Korea

    TOKYO -- Nearly a decade after a star scientist's faked papers set back South Korean research on regenerative medicine, industry, government and academia are making a renewed push. Scientists in the country are progressing toward practical use of ve

    July 23, 2014 07:00 pm JST
  • South Korea taps ex-lawmaker as ambassador to Japan

    SEOUL -- South Korea plans to appoint a former four-term lawmaker with close ties to Japan as its new top envoy to Tokyo, sources said Tuesday. A former national police agency bureaucrat, Yoo Heung-soo is currently head of the Korea-Japan Friend

    July 23, 2014 02:00 am JST