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  • Nikkei Asia300 Index extends gains as U.S. government shutdown leaves no impact

    MUMBAI (NewsRise) -- Asian stocks outside of Japan continued their ascent on Monday, as investors bet the U.S. government shutdown will have little impact on demand for risk assets.The Nikkei Asia300 Index rose 0.7% to 1,512.32, extending last week'

    January 22, 2018 08:46 pm JST
  • Asian airlines respond to North Korea missile test threat

    TOKYO/SEOUL -- Airlines that fly over or near the Korean Peninsula have contingency plans should North Korea test another missile.U.S. Secretary of State Rex Tillerson on Jan.16 highlighted the threat North Korean missile tests can pose to civil avi

    January 22, 2018 12:15 pm JST
  • Sumitomo Chemical exits LED materials business

    TOKYO -- Japan's Sumitomo Chemical has halted production of a key material used in light-emitting diodes at a joint venture with South Korea's Samsung Electronics.The two founded the 50-50 joint venture SSLM in 2011, with hopes of combining their st

    January 20, 2018 03:05 am JST
  • Samsung denies 'planned obsolescence' allegation

    SEOUL -- Samsung Electronics on Friday denied an allegation that the tech conglomerate intentionally slowed down its smartphones and other devices through software updates, raised by the Italian antitrust authority.The South Korean tech conglomerate

    January 19, 2018 10:02 pm JST
  • Nikkei Asia300 advances as Taiwan Semiconductor jumps after earnings

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged higher on Friday, helped by gains in index heavyweight Taiwan Semiconductor Manufacturing Co. after better-than-expected fourth-quarter earnings.The Nikkei Asia300 Index rose 0.5% to 1,502.20.

    January 19, 2018 08:28 pm JST
  • Nikkei Asia300 Index advances, buoyed by Wall Street gains, China growth

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday, as U.S. indexes continued their record run and China's fourth-quarter economic growth exceeded expectations.The Nikkei Asia300 Index added 0.3% to close at 1,495.46.The S&P 500 Index

    January 18, 2018 09:00 pm JST
  • Samsung in talks with LG over LCD TV panels

    SEOUL -- Samsung Electronics said Thursday it was in talks with LG Display to procure liquid crystal display panels for its TVs, the first time that the two South Korean rivals have shown any interest in working with each other.Samsung said that it

    January 18, 2018 08:13 pm JST
  • Peter S. Kim

    Moon's chance to tame the chaebol

    South Korean President Moon Jae-in won election last May with a pledge to break the collusive relationship between the government and the chaebol, the country's family-controlled conglomerates. The stage was set for his victory with the impeachment

    January 18, 2018 12:00 pm JST
  • Asia makes waves at CES 2018 in Las Vegas

    LAS VEGAS, U.S. In terms of ambition and sheer numbers, Asian tech companies were a dominant force at this year's CES in Las Vegas, where artificial intelligence, autonomous vehicles and other cutting-edge technology took center stage.Founded as the

    January 18, 2018 10:00 am JST
  • Samsung targeting 5G equipment sales in US, Japan and India

    SEOUL -- Samsung Electronics is looking to double its share in the global market for mobile-phone network equipment by boosting sales of its fifth-generation devices in the U.S., Japan, South Korea and India.Samsung was the first in the industry to

    January 18, 2018 05:17 am JST
  • Nikkei Asia300 Index slips after U.S. equities drop from record highs

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged lower on Wednesday, after U.S. equities retreated from record highs overnight and as investors awaited China's fourth-quarter economic data.The Nikkei Asia300 Index fell less than 0.1% to 1,49

    January 17, 2018 08:43 pm JST
  • Hyundai Heavy to boost finances for expected shipbuilding rebound

    SEOUL -- South Korea's Hyundai Heavy Industries Group plans to improve finances to bolster its core shipbuilding business. The move comes in anticipation of a warming shipbuilding market and will help clear the conglomerate's debts.Hyundai Heavy Ind

    January 17, 2018 01:30 pm JST
  • Hyundai wage hike ends months of contentious labor talks

    SEOUL -- South Korean automaker Hyundai Motor at last has concluded wage talks that began in April, agreeing to raise monthly base pay by 58,000 won ($55) despite a sales slump in China and the U.S.Early Tuesday morning, nearly 50,000 members of the

    January 17, 2018 02:02 am JST
  • Taiwan chipmaker: Chinese rivals will face scrutiny over trade secrets

    TAIPEI -- A senior executive at Taiwanese memory chipmaker Nanya Technology said Tuesday that Chinese rivals will face increasing global scrutiny over trade secret violations as Beijing aggressively builds up a domestic semiconductor industry in lar

    January 17, 2018 12:21 am JST
  • Nikkei Asia300 Index advances as Chinese insurers rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Tuesday, paced by mainland insurers and lenders.The Nikkei Asia300 Index rose 1.1% to 1,491.87. Ping An Insurance Group advanced 2.8% after the Chinese insurer said accumulated gross premium in

    January 16, 2018 08:17 pm JST
  • Asian philanthropists can potentially give twice as much as US

    TOKYO -- Thanks to rapid economic growth, personal wealth in Asia is at an all-time high, with more billionaires in the region now than anywhere else in the world. But have charitable donations grown proportionally to the region's wealth? The answer

    January 16, 2018 08:00 am JST
  • Posco's Indonesian unit turns profit for the first time

    SEOUL -- Posco's joint venture in Indonesia achieved its first operating profit after four years of operations, the South Korean steel giant said Monday.Krakatau Posco is 70% owned by Posco, with the rest held by Indonesia's state-run Krakatau Steel

    January 16, 2018 01:38 am JST
  • Nikkei Asia300 Index rises tracking U.S. equity rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan began the week on a positive note, boosted by a weaker dollar and another record high for U.S. indexes.The Nikkei Asia300 Index rose 0.4% to 1,475.43.The advance on the gauge came after U.S. stocks

    January 15, 2018 08:28 pm JST
  • Lauren Compere

    Socially responsible Asian companies are a better bet

    Asia's leading economies were in the grip of the worst financial crisis in decades 20 years ago, with stock markets in the four so-called Tiger economies in freefall. At around the same time, investors elsewhere were taking the first steps to integr

    January 15, 2018 11:30 am JST
  • Nikkei Asia300 Index gains tracking record-high Wall Street

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Friday, buoyed by Wall Street's record highs. Energy companies rose after Brent crude topped $70 a barrel mark.The Nikkei Asia300 Index advanced 1% to 1,469.50 on Friday, helping the gauge

    January 12, 2018 08:15 pm JST