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  • North Korea launched 5 missiles Monday: U.S. report

    WASHINGTON (Kyodo) -- North Korea launched five missiles Monday, not four as initially reported, NBC News said, quoting two senior U.S. Defense Department officials.The report came as a Pentagon spokesman indicated Pyongyang's latest launches could

    March 7, 2017 09:37 am JST
  • Park implicated in bribery and blacklisting by prosecutors

    SEOUL -- Though South Korean special prosecutors reaffirmed Monday the allegations of President Park Geun-hye's involvement in a vast abuse-of-power scandal, a spokesman expressed frustration over a premature end to the investigation.The task force

    March 7, 2017 06:34 am JST
  • Pyongyang's missile launch a brazen rebuke to US, allies

    SEOUL -- North Korea's launch of four ballistic missiles Monday amid U.S.-South Korean military drills served as a daring provocation to Washington and its allies, a threat that will grow more serious as Pyongyang's weapons technology develops.The m

    March 7, 2017 06:30 am JST
  • Park 'accomplice' in alleged bribery and abuse of power: prosecutors

    SEOUL (Kyodo) -- South Korea's impeached President Park Geun Hye was reaffirmed as a suspected accomplice to alleged bribery and abuse of power on Monday, as a special prosecution team investigating a corruption scandal announced its findings.In a s

    March 6, 2017 04:23 pm JST
  • South Korea's Lotte says 4 retail stores in China closed amid political tension

    SEOUL (Reuters) -- South Korea's Lotte Group said on Monday four of its retail stores in China were closed after inspections by authorities, as Seoul protests at discriminating action by China after Lotte agreed to provide land for a U.S. missile de

    March 6, 2017 03:24 pm JST
  • North Korea's ballistic missiles flew 1,000km

    SEOUL/TOKYO -- North Korea launched four ballistics missiles on Monday at around 7:30 a.m. from the Tongchang-ri region, near North Korea's border with China, and fell into the Sea of Japan, according to the South Korean military.South Korea's milit

    March 6, 2017 11:45 am JST
  • Place your bets

    New frontiers for a new breed of casino operator

    HONG KONG Casino gambling has always been a cross-border business in Asia.The many gaming parlors of Macau, the region's oldest casino hub, could hardly have survived for so many decades just serving the small territory's population, today barely a

    March 6, 2017 10:00 am JST
  • North Korea fires unidentified projectile from near missile base -- South Korea

    SEOUL (Reuters) -- North Korea fired an unidentified projectile from its Tongchang-ri region, where a missile base is located, South Korea's military said on Monday, a possible retaliation by the reclusive state to joint U.S.-South Korean drills tha

    March 6, 2017 09:18 am JST
  • S.Korea says to act against China's discrimination against S.Korean firms

    SEOUL (Reuters) -- South Korea's trade minister said on Sunday the government's responses against discriminating action by China towards South Korean companies will be strengthened and he feels "deep concern" over recent measures taken by Beijing.Tr

    March 5, 2017 04:13 pm JST
  • AI-based digital assistants making their voices heard

    BARCELONA, Spain -- There is a battle heating up in the new market for voice-operated digital devices empowered with artificial intelligence.That was one of the takeaways from the Mobile World Congress, which just ended its run in Barcelona and dubs

    March 4, 2017 07:05 am JST
  • Cosmetic, travel stocks take different paths in Seoul, Tokyo

    TOKYO -- Shares of companies trading in cosmetics and travel dropped sharply in Seoul but rose in Tokyo Friday, as investors reacted to reports that the Chinese government has told Beijing-area travel agencies to curb tourism to South Korea.On the K

    March 4, 2017 04:08 am JST
  • Top US diplomat to visit Japan this month

    WASHINGTON -- U.S. Secretary of State Rex Tillerson plans to visit Japan on March 17 to discuss the North Korea situation with top officials, his first trip to the country since taking office.Tillerson will meet with Prime Minister Shinzo Abe and Fo

    March 4, 2017 02:00 am JST
  • Macau's regional challengers up their casino game

    MANILA Clad in a coat, tie and muddied loafers, Kazuo Okada paused briefly one recent afternoon during his daily rounds through his partially opened $2.4 billion casino being built in Manila."I check the inflow of customers from early evening and

    March 3, 2017 11:00 am JST
  • Samsung sets up independent quality control gatekeeper

    SEOUL -- Samsung Electronics said Thursday that it has created an office for global quality control management in an effort to prevent debacles like the one that befell its Galaxy Note 7 smartphone last year.The office comes under direct control of

    March 3, 2017 03:15 am JST
  • China turns up heat on South Korea over THAAD

    SEOUL -- China seems to be retaliating against South Korea for its plans to deploy a U.S. ballistic missile defense system, apparently launching a cyberattack on a Lotte Group unit and reportedly moving to reduce tourism to the country.Lotte Korea a

    March 3, 2017 03:00 am JST
  • Toshiba opens bidding on semiconductor unit

    TOKYO -- Toshiba has begun the bidding process for its memory chip business, The Nikkei learned Thursday, as the Japanese industrial giant struggles to get back on its feet following a massive loss at its U.S. nuclear operations.Toshiba will take pr

    March 3, 2017 02:00 am JST
  • Kasikornbank offering local settlement for ASEAN currencies

    BANGKOK -- On the back of growing regional trade, Kasikornbank, Thailand's fourth-largest lender by assets, has expanded its local currency settlement services to cover all currencies of members of the Association of Southeast Asia Nations and its t

    March 2, 2017 11:53 pm JST
  • Booming sales of big-screen TVs drive LCD rebound

    GUANGZHOU/JAKARTA -- Hunger for big-screen televisions in markets across the world is giving makers of liquid crystal display panels a welcome lift, but a rush to expand production is already making some market players nervous about the prospect of

    March 2, 2017 07:00 pm JST
  • World awaits Trump reaction to North Korea missile upgrade

    TOKYO -- The assassination of Kim Jong Nam on Feb. 13 at Kuala Lumpur airport has caused both alarm and bewilderment throughout the international community.While most of the world has been gripped by the increasingly bizarre nature of an attack that

    March 2, 2017 04:00 pm JST
  • Japan's entry to shake up Asia's casino market

    TOKYO/SINGAPORE -- Top executives from U.S. and Asian casino operators were in an optimistic mood as they gathered in Tokyo in late February. Speaking at a gathering of investors, each expressed an eagerness to go into business in the world's third-

    March 2, 2017 11:30 am JST