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  • Asia most represented region on Forbes' list

    NEW YORK/TOKYO -- The number of billionaires across the world topped 2,000 for the first time ever, with the Asia-Pacific region home to more than anywhere else, 720 to be precise, according to Forbes' annual rich list.In the list released on Monday

    March 21, 2017 12:41 pm JST
  • Asia dominates rankings of most expensive cities

    TOKYO -- Asian cities such as Singapore and Tokyo were the most expensive worldwide for residents in 2016, as currency appreciation drove an increase in the general cost of living.The Worldwide Cost of Living research, conducted semiannually by The

    March 21, 2017 11:00 am JST
  • Human Go masters, AI begin world championship

    OSAKA -- Go professionals from Japan, South Korea and China and a computer are facing off in a tournament this week, as artificial intelligence continues to demonstrate strength in the complex board game developed more than 2,500 years ago.The Japan

    March 21, 2017 10:51 am JST
  • South Korea's Park says she's 'sorry to the people'

    SEOUL (AP) -- South Korea's just-ousted president said she was "sorry" to the people as she arrived Tuesday at a prosecutors' office for questioning over a corruption scandal that led to her removal from office.Earlier this month, the Constitutional

    March 21, 2017 10:30 am JST
  • Seoul prosecutors set to grill Park in corruption probe

    SEOUL -- Ousted South Korean President Park Geun-hye is scheduled to appear at the Seoul Central District Prosecutors' Office on Tuesday morning for questioning over her corruption scandal.A lawyer for Park said Monday that she has prepared a statem

    March 21, 2017 02:00 am JST
  • Corporate tax debate heats up in South Korea amid presidential race

    SEOUL -- Raising corporate tax is a hot issue in South Korea where corporations contribute one fifth of the country's tax revenues. As Asia's fourth-largest economy needs more money to fund its welfare costs, some presidential candidates aiming to f

    March 20, 2017 09:00 pm JST
  • North Korea rocket-engine test shows "meaningful" progress - South Korea

    SEOUL (Reuters) -- North Korea's latest rocket-engine test showed "meaningful" progress, South Korea said on Monday, while an analyst said it was a dangerous step towards the North's goal of developing a rocket that could hit the United States.The N

    March 20, 2017 06:46 pm JST
  • Korean Peninsula still suffering 'strife of princes'

    SEOUL -- A month has passed since North Korea's Kim Jong Nam was assassinated in Malaysia. There is strong suspicion the murder was committed by Pyongyang, and the South Korean government alleges North Korean leader Kim Jong Un, Jong Nam's half-brot

    March 20, 2017 02:00 pm JST
  • Asia stocks mixed, dollar slips as Fed continues to weigh

    SINGAPORE (Reuters) -- Asian stocks were mixed on Monday in thin trade, following Wall Street's declines and the G20's decision to drop a pledge to avoid trade protectionism, while the Federal Reserve's less hawkish-than-expected comments continued

    March 20, 2017 01:07 pm JST
  • Jeju Island goes green as Chinese tourists go elsewhere

    SEOUL -- South Korea's Jeju Island is turning to planet-friendly pursuits to power its economy and reduce its reliance on fickle tourists and agriculture.The shift in focus comes as the number of Chinese visitors declines, following South Korea's de

    March 19, 2017 05:00 pm JST
  • South Koreans prepare to raise sunken ferry, three years after disaster

    SEOUL (Reuters) -- South Korea prepared on Sunday to raise the Sewol ferry that sank nearly three years ago, killing more than 300 people, most of them children, testing a system to bring the ship to the surface in the hope of finding the last nine

    March 19, 2017 03:42 pm JST
  • Tillerson agrees with China tensions over N. Korea now very high

    BEIJING (Kyodo) -- U.S. Secretary of State Rex Tillerson said Saturday he agreed with China that tensions over North Korea are now very high, although sharp differences remain between Washington and Beijing over how best to rein in an increasingly a

    March 19, 2017 02:04 am JST
  • Head of South Korea's SK Group questioned by prosecutors in graft probe

    SEOUL (Kyodo) -- Chey Tae Won, chairman of South Korea's third-largest conglomerate, SK Group, was on Saturday questioned by prosecutors investigating former President Park Geun Hye.Donations paid by SK to nonprofit organizations controlled by Park'

    March 18, 2017 04:05 pm JST
  • Tillerson doubles down on support for THAAD missile shield

    SEOUL -- By stressing the importance of a new U.S. missile shield to be deployed in South Korea, Secretary of State Rex Tillerson sent a message Friday to the system's critics in the South as well as a disgruntled China about Washington's commitment

    March 18, 2017 06:20 am JST
  • Turkey serves lesson for Japan's infrastructure export drive

    ANKARA -- Though Japan is working to boost infrastructure exports by focusing on its technological prowess, its failure to score a major bridge-building contract in Turkey shows how costs and other considerations can take precedence.Turkey signed an

    March 17, 2017 05:00 pm JST
  • Tillerson arrives in South Korea for 2-day visit

    SEOUL (Kyodo) -- U.S. Secretary of State Rex Tillerson arrived in South Korea on Friday for a two-day visit aimed at discussing ways to strengthen bilateral cooperation in dealing with mounting security threats and provocations from North Korea.Till

    March 17, 2017 11:42 am JST
  • US to dial up pressure on North Korea under new approach

    TOKYO -- U.S. Secretary of State Rex Tillerson made clear Thursday that Washington intends to ratchet up pressure on North Korea to drop its nuclear and missile development programs, promising a break from what he sees as decades of failed policy to

    March 17, 2017 05:15 am JST
  • Park's impeachment leaves South Korea adrift

    SEOUL South Korea's disgraced former President Park Geun-hye is gone. Hundreds of thousands took to the streets of Seoul to celebrate on March 11.The eight-member Constitutional Court ruled unanimously to uphold Park's impeachment on the grounds tha

    March 16, 2017 10:00 am JST
  • With North Korea, Trump is showing capacity for careful deliberation

    Amid the sound and fury of President Donald Trump's first weeks in office, the new U.S. administration has been widely castigated for policy dysfunction, an insurgent view of international alliances and trade, and worrying signals about its approach

    March 16, 2017 10:00 am JST
  • When politics get ugly, the beautiful game can help

    It was March 2008 and relations between the two Koreas were not exactly great. Yet, as I emerged from the Shanghai subway to arrive at Hongkou Football Stadium, there was something in the air -- and not just the smell wafting from the hot-pot restau

    March 16, 2017 10:00 am JST