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  • Nikkei Asia300 Index recovers from weekly loss as US inflation damps Fed rate hike bets

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rebounded from a weekly loss, tracking gains on Wall Street after slower-than-expected U.S. inflation data eased expectations of another rate increase this year.The Nikkei Asia300 Index add

    August 14, 2017 09:24 pm JST
  • South Korea's CDSs surge on Pyongyang missile tensions

    TOKYO -- South Korea's sovereign credit default swaps jumped Monday, amid rising tensions over North Korea's nuclear weapons and missile programs.CDSs on South Korean five-year government bonds stood at 69.00 points on Friday, hitting their highest

    August 14, 2017 08:35 pm JST
  • 'Made in Japan' label powers cosmetics exports

    TOKYO -- Japan's cosmetics exports are on track to hit another all-time high this year as Shiseido and other heavyweights accelerate efforts to attract consumers in China and other parts of Asia with the appeal of the "Made in Japan" label.These exp

    August 14, 2017 08:16 am JST
  • South Korea's Chinese-free duty-free shops suffer

    SEOUL -- The row over South Korea's deployment of a U.S. anti-missile system is hitting the country's duty-free industry hard. Angry Chinese travelers are shunning South Korea, stripping the country's duty-free industry of as much as 600 billion won

    August 13, 2017 05:00 pm JST
  • Company in focus

    Toshiba dithers over chip unit sale as clock ticks

    TOKYO -- Toshiba belatedly submitted its annual report for the year ended March to the Kanto Local Finance Bureau on Aug. 10, after its auditor granted conditional approval to its books, which will allow the company to stay listed on the stock marke

    August 13, 2017 12:00 pm JST
  • Samsung trial raises questions of Lee's leadership prowess

    SEOUL -- Is Lee Jae-yong, vice chairman of Samsung Electronics, qualified to lead South Korea's top industrial group? The bribery trial Samsung's de facto leader is going through has raised questions within South Korea's business world of whether hi

    August 13, 2017 07:33 am JST
  • Japan lags behind on free trade, despite EU partnership

    TOKYO -- The share of Japan's total trade which is covered by free trade pacts or economic partnership agreements will stand at a little more than 30% when its EPA signed with the European Union takes effect, according to data from the Japan Externa

    August 13, 2017 12:54 am JST
  • Japan readies for North Korean strike on Guam

    TOKYO -- With tensions mounting on the Korean Peninsula, Japan's Ministry of Defense and the country's Self-Defense Force on Saturday deployed Patriot Advanced Capability-3 surface-to-air missile systems at bases in four prefectures in western Japan

    August 12, 2017 08:55 pm JST
  • North Korea says nearly 3.5mn volunteer for People's Army as tensions rise

    SEOUL (Reuters) -- North Korea said on Saturday that nearly 3.5 million workers, party members and soldiers volunteered to join or rejoin its army to resist new U.N. sanctions and to fight against the United States in the current geopolitical tensio

    August 12, 2017 06:10 pm JST
  • K-pop purveyors build bands with multinational flair

    TOKYO -- If you turned on a TV in Japan seven years ago, there was a good chance you would see a South Korean pop act gyrating away. The odds of that are lower today.Chalk it up to changing tastes, new entertainment options or politics, but there is

    August 12, 2017 06:00 pm JST
  • Investors shun Asian stocks amid North Korea risk

    SINGAPORE -- The escalating war of words between the U.S. and North Korea has rattled previously bullish investors, spurring a broad-based exodus from Asian stocks that had been riding high on a global flood of liquidity.Asian markets sank across th

    August 11, 2017 11:42 pm JST
  • South Korean central bank to move reserves to provincial cities if war breaks out

    SEOUL -- South Korea's central bank has contingency plans to move its reserves to provincial cities if war breaks out, the bank said Friday. The Bank of Korea also has deposited some of its gold bars in the Bank of England to protect its assets."We

    August 11, 2017 10:12 pm JST
  • Interview

    Sanctions, not bluster, can 'hit a nerve' on Pyongyang: expert

    NEW YORK -- Deterring Pyongyang's nuclear and missile threats requires pressure from "painful" economic sanctions such as those enacted recently by the United Nations Security Council, a Northeast Asia expert from a U.S. nonprofit think tank told Th

    August 11, 2017 04:18 am JST
  • Moon's best-laid plans for North-South peace go awry

    SEOUL -- North Korea's second test of an intercontinental ballistic missile July 28 shattered South Korean President Moon Jae-in's hopes for dialogue and threw a wrench into his foreign policy revolving around a path to reconciliation.Pyongyang anno

    August 11, 2017 04:13 am JST
  • Kakao plans to link up banking and payment platforms

    SEOUL -- Internet company Kakao said it will connect its new banking service with its popular payments platform later this year, as it seeks to synergize its businesses and innovate in the financial technologies sector.The company, whose messenger a

    August 10, 2017 07:45 pm JST
  • Asian music sensations break the sound barrier

    Move over, K-pop. South Korea has been a dominant force in Asian entertainment for about a decade, but a powerful combination of economic development and social media is changing the game. From Southeast Asia to China, other countries are producing

    August 10, 2017 03:30 pm JST
  • Changwoo Nam

    South Korean corporate tax hike risks investment decline

    South Korean President Moon Jae-in, elected in May following the impeachment of his predecessor Park Geun-hye, wants to raise the corporate income tax rate for large companies to provide more resources for social welfare spending. On the surface, So

    August 10, 2017 01:00 pm JST
  • K-pop purveyors build bands with multinational flair

    TOKYO If you turned on a TV in Japan seven years ago, there was a good chance you would see a South Korean pop act gyrating away. The odds of that are lower today.Chalk it up to changing tastes, new entertainment options or politics, but there is a

    August 10, 2017 10:00 am JST
  • Asian music sensations break the sound barrier

    Move over, K-pop. South Korea has been a dominant force in Asian entertainment for about a decade, but a powerful combination of economic development and social media is changing the game. From Southeast Asia to China, other countries are producing

    August 10, 2017 10:00 am JST
  • China wants to play peacemaker for US-North Korea

    MANILA The relationship between China and North Korea is not quite as special as it once was. Chinese President Xi Jinping has often referred to their "blood ties," forged when the two sides fought against the U.S. in the Korean War. More recently,

    August 10, 2017 10:00 am JST