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  • Trump's steel and aluminum tariffs take effect

    WASHINGTON/TOKYO -- Brushing aside international outcries, Donald Trump has let his controversial steel and aluminum tariffs take effect. The U.S. president says the import taxes will help his country reduce its trade deficit and create American job

    March 23, 2018 03:23 pm JST
  • China unveils retaliatory measures against Trump's tariff threats

    BEIJING/WASHINGTON -- China on Friday announced plans to impose tariffs on $3 billion worth of imports from the U.S., in apparent retaliation to U.S. President Donald Trump ordering levies on a range of imports from China. Beijing urged the U.S. to

    March 23, 2018 12:11 pm JST
  • Stocks slide, bonds and yen gain on Trump's China tariffs

    TOKYO (Reuters) -- Stock markets slid and perceived havens such as government bonds and the yen gained on Friday as investors rushed to safety after U.S. President Donald Trump announced long-promised tariffs on Chinese goods, stoking fears of a glo

    March 23, 2018 10:50 am JST
  • South Korea arrests its second ex-president in a year

    SEOUL -- Former South Korean President Lee Myung-bak was arrested on corruption charges early Friday, the same fate that befell Park Geun-hye in just March of last year.Prosecutors arrested Lee at his residence in Seoul and moved him to a detention

    March 23, 2018 04:17 am JST
  • South Korea's KT to launch 5G service for businesses next March

    SEOUL -- South Korean telecom company KT will launch a 5G wireless service for business clients early next year, potentially giving the country a head start on the development of "internet of things" systems built on the superfast data communication

    March 23, 2018 01:55 am JST
  • South Korea's ex-President Lee faces imminent arrest

    SEOUL -- The Seoul Central District Court issued an arrest warrant on Thursday night for former President Lee Myung-bak, who will become South Korea's fourth president to be arrested for corruption since the country democratized in the late 1980s.So

    March 23, 2018 12:35 am JST
  • South Korean court issues arrest warrant for ex-President Lee

    SEOUL (Kyodo) -- A Seoul court on Thursday approved a request by prosecutors to arrest former South Korean President Lee Myung Bak over corruption allegations including that he took 11 billion won (around $10.3 million) in bribes while in office.The

    March 22, 2018 11:38 pm JST
  • Nikkei Asia300 Index declines as Tencent falls after earnings

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Thursday, as losses in heavyweight Tencent Holdings wiped off earlier gains after the U.S. Federal Reserve stuck to its interest rate projections for 2018.The Nikkei Asia300 Index fell 0.8% to

    March 22, 2018 10:03 pm JST
  • South Korea's Moon calls for two-term presidency

    SEOUL -- South Korean President Moon Jae-in on Thursday proposed changing the term limits for the country's highest office to two four-year terms, from the current single five-year term, as part of his draft revisions to the constitution.Cho Kuk, Mo

    March 22, 2018 05:16 pm JST
  • New Asian importers shaking up world LNG market

    TOKYO -- The Asian market for liquid natural gas is being transformed as Thailand, Pakistan and others join the ranks of importers and consumption grows rapidly in China and India, resulting in a fundamental shift in a market that had long been domi

    March 22, 2018 03:45 pm JST
  • South Korea's Moon visits Vietnam to deepen economic ties

    SEOUL -- South Korean President Moon Jae-in embarks on a three-day state visit to Vietnam on Thursday to strengthen economic ties with the rising Southeast Asian power, as Seoul struggles to deal with its two largest trade partners, China and the U.

    March 22, 2018 12:05 pm JST
  • US seeks bilateral FTA with Japan

    WASHINGTON -- The U.S. hopes to negotiate a bilateral free trade agreement with Japan, U.S. Trade Representative Robert Lighthizer said in congressional testimony Wednesday.Lighthizer told the House Ways and Means Committee that he will negotiate a

    March 22, 2018 10:56 am JST
  • Puja Kapai: This is what Asia must do to tackle sexual harassment at work

    The #MeToo movement against sexual harassment that kicked off in the U.S. is starting to gain momentum in Asia. Actresses in Hong Kong, a prosecutor in South Korea, a journalist in Japan and even factory workers in China have spoken out about their

    March 22, 2018 10:00 am JST
  • South Korea's Moon floats 3-way summit with Kim and Trump

    SEOUL -- South Korea could hold a trilateral summit with North Korea and the U.S. to cement any results of bilateral talks, President Moon Jae-in said Wednesday, marking the first time he has raised such a possibility.The South Korean president is t

    March 22, 2018 02:46 am JST
  • China rises to No. 2 in global patent filings

    BASEL, Switzerland -- China became the second-largest source of patent applications worldwide in 2017, surpassing Japan to solidify its place as an intellectual property powerhouse on the tail of the U.S., the perennial leader.China's patent applica

    March 22, 2018 02:11 am JST
  • North Korean, South Korean, U.S. delegates had constructive meeting, host Finland says

    VANTAA, Finland, (Reuters) -- Informal talks held in Finland between North Korean, South Korean and U.S. delegates ended on Wednesday, the Finnish foreign ministry said, describing the talks as constructive.Some 18 delegates from the three countries

    March 21, 2018 11:00 pm JST
  • Moon indicates possibility of three-way summit with US and North Korea

    SEOUL (Kyodo) -- South Korean President Moon Jae In said Wednesday that a trilateral summit with the United States and North Korea may be held, depending on the results of their separate summits due to take place in the coming months.Moon's remarks

    March 21, 2018 03:22 pm JST
  • US and South Korea shorten joint military drills

    SEOUL/WASHINGTON -- This year's annual U.S.-South Korea military exercises will start April 1 and run a month or so, roughly half their previous length, likely to avoid provoking North Korea ahead of planned bilateral summits with Pyongyang.The dril

    March 21, 2018 04:51 am JST
  • South Korea to stage goodwill concerts in Pyongyang

    SEOUL -- A South Korean musical troupe with 160 or so members will perform in North Korea from late March to early April in an effort to keep the atmosphere of reconciliation alive past last month's Winter Olympics in the South.An agreement was reac

    March 21, 2018 04:26 am JST
  • North Korea denuclearization not on the agenda in Helsinki talks: Finland

    HELSINKI (Reuters) -- Denuclearization is not on the agenda of a meeting in Finland between delegations from North Korea, South Korea and the United States, Finnish Foreign Minister Timo Soini said on Tuesday.Choe Kang Il, a deputy director general

    March 21, 2018 04:06 am JST