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  • Asian LNG prices spike as Hurricane Harvey disrupts exports

    TOKYO -- Spot prices for liquefied natural gas have swelled in recent weeks in Asia, as the massive storm that struck the southern U.S. late last month held up exports from the area.Asian spot prices hovered in the mid-$6 range per million British t

    September 13, 2017 08:19 am JST
  • Apple's newest iPhone boasts bigger screen -- and price tag

    PALO ALTO, U.S. -- With its newest, most expensive iPhone, Apple is making a deliberate push into a higher price range to try to set itself apart in a maturing smartphone market. Unveiled Tuesday, the iPhone X, pronounced "10" for the 10th annivers

    September 13, 2017 06:30 am JST
  • S&P ends at record high led by banks while Apple drags

    NEW YORK (Reuters) -- The S&P 500 hit a record closing high for the second day in a row on Tuesday, with financial stocks leading the charge, but gains were stunted by a decline in Apple Inc shares after it unveiled its latest iPhone.Nasdaq also clo

    September 13, 2017 05:48 am JST
  • Harvey-hit Mitsubishi Chemical plant reopening soon

    TOKYO -- A Mitsubishi Chemical group company's plant in Texas that shut down over Hurricane Harvey could restart operations as early as next week.Production at the Lucite International methyl methacrylate factory in Beaumont, east of Houston, has be

    September 13, 2017 05:32 am JST
  • JPMorgan's Dimon says bitcoin 'is a fraud'

    NEW YORK (Reuters) -- Bitcoin "is a fraud" and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co, said on Tuesday.Speaking at an investor conference in New York, Dimon said, "The currency isn't going to work. You can't have a busines

    September 13, 2017 05:00 am JST
  • Latest UN sanctions go after North Korea's oil supply

    NEW YORK -- The United Nations imposed the first-ever cap on petroleum shipments to North Korea as part of the latest batch of sanctions, laying the groundwork for a full embargo if Pyongyang's provocations continue.The U.S.-led sanctions approved M

    September 13, 2017 04:05 am JST
  • Trump says UN North Korea sanctions only small step

    WASHINGTON (Reuters) -- U.S. President Donald Trump said on Tuesday that the latest U.N. sanctions on North Korea were only a very small step and nothing compared what would have to happen to deal with the country's nuclear program.The U.N. Security

    September 13, 2017 03:08 am JST
  • Electric-car stocks zoom ahead on expected market growth

    TOKYO -- Signs that China may join the U.K. and France in phasing out sales of fossil-fuel-burning automobiles sent share prices soaring for manufacturers of electric cars and their components, propelled by hopes that heavy demand for greener vehicl

    September 13, 2017 02:03 am JST
  • Japanese LPG importers face heightened US exposure

    TOKYO -- Prices for U.S. liquefied petroleum gas have climbed on the back of surging demand, undercutting an advantage Japan importers had gained in branching out from Middle East suppliers.The Mont Belvieu spot price, named for a city in Texas, ser

    September 13, 2017 12:30 am JST
  • Interview

    Japan won't accept North Korea as nuclear power, Abe says

    TOKYO -- As North Korea rapidly develops its nuclear weapons capability and China grows as the top economic and military power in the region, Japanese Prime Minister Shinzo Abe vowed to stop Pyongyang's nuclear program and to strengthen Japan's defe

    September 13, 2017 12:26 am JST
  • Nagging doubts accompany tougher sanctions on North Korea

    TOKYO -- North Korea's anxious neighbors on Tuesday cautiously welcomed the passage of new United Nations sanctions against the regime. But while the ink is barely dry on the Security Council resolution, experts are already questioning the effective

    September 12, 2017 02:35 pm JST
  • Japan's PM welcomes new UN sanctions on North Korea

    TOKYO -- The new sanctions on North Korea adopted by the U.N. Security Council were welcomed by Japan's Prime Minister Shinzo Abe, who said the international community has shown a united front against the increasingly belligerent country.By tighteni

    September 12, 2017 10:38 am JST
  • China urges North Korea to 'take seriously' bid to halt nuclear program

    UNITED NATIONS (Reuters) -- China's U.N. Ambassador Liu Jieyi called on North Korea to "take seriously the expectations and will of the international community" to halt its nuclear and ballistic missile development, and called on all parties to rema

    September 12, 2017 09:03 am JST
  • UN passes toughest sanctions yet on North Korea

    UNITED NATIONS -- The Security Council on Monday unanimously approved its harshest sanctions so far against Pyongyang, with China and Russia coming on board to back revised measures that do not include a total ban on oil exports.By imposing new rest

    September 12, 2017 07:50 am JST
  • S&P 500 chalks up record high as fear gives way

    NEW YORK (Reuters) -- The S&P 500 surged over 1 percent to a record high close on Monday as tropical storm Irma caused less damage than expected in Florida, and after North Korea did not test-fire missiles over the weekend, which some had feared.All

    September 12, 2017 05:53 am JST
  • South Korea leaves door open to US nuclear weapons

    SEOUL -- South Korea is not currently considering redeploying American nuclear weapons within its borders, Foreign Minister Kang Kyung-wha told international media here Monday, without explicitly ruling out the option amid North Korea's continued nu

    September 12, 2017 04:51 am JST
  • Najib's visit to Washington breeds controversy

    KUALA LUMPUR -- As Prime Minister Najib Razak began his three-day visit to Washington on Monday to bolster bilateral ties, the Malaysian media hailed the invitation from President Donald Trump as recognition of Malaysia as a strategic partner.Najib,

    September 12, 2017 12:31 am JST
  • European business joins China in pushing $28bn Thai Canal

    Bangkok -- European business leaders in Thailand have joined Chinese government advisers and influential Thais in urging the country's military junta to construct a $28 billion ship canal through the narrow Isthmus of Kra to link the Indian and Paci

    September 11, 2017 08:55 pm JST
  • North Korea oil embargo just another hardship in country used to shortages

    TOKYO -- The latest attempts to rein in an increasingly belligerent North Korea center around a U.S.-led push for a ban on oil exports to the country.Whether an oil embargo would bring about a quick end to the regime's provocations is unclear, but i

    September 11, 2017 01:37 pm JST
  • FPT global expansion plows on with fifth US office

    HO CHI MINH -- Vietnam's leading information technology group FPT opened its fifth representative office in the U.S. in Denver, Colorado this month as it presses ahead with overseas expansion plans.The new office aims to enhance cooperation and supp

    September 11, 2017 01:30 pm JST