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  • Kerry tells Japan, South Korea to mend fences soon

    SEOUL -- With the U.S. leaning on Japan and South Korea to reconcile, the embittered neighbors just may try a different approach. At a news conference here Thursday, Secretary of State John Kerry urged both sides to work toward a rapprochement b

    February 14, 2014 06:36 am JST
  • Japan's nuclear plant builders look for new spark

    TOKYO -- Japanese nuclear equipment manufacturers are struggling amid gloomy prospects in the domestic market and intense competition with South Korean and Russian rivals overseas. Toshiba in January signed a deal to acquire a majority stake in

    February 13, 2014 07:00 pm JST
  • Asia-Pacific to be biggest aircraft market by 2032: Airbus

    PARIS -- The Asia-Pacific region will be the world's largest aircraft market by 2032, Airbus said in a report released Thursday. The European aircraft maker said airlines in the region will likely require a total of 10,940 new planes over the tw

    February 13, 2014 01:00 pm JST
  • IMF chief Lagarde puts her finger on what ails some emerging economies

    TOKYO -- Christine Lagarde, managing director of the International Monetary Fund, has perhaps most aptly described why a group of emerging countries find themselves in a financial predicament. Lagarde, however, made her point in a rather circuit

    February 13, 2014 01:00 pm JST
  • Google's Android controls nearly of 80% smartphone market

    NEW YORK -- Google's Android operating system dominates the global smartphone market and is gaining momentum, according to a recent U.S. survey. According to a report released Wednesday by market research firm IDC, Android controlled 78.6% of th

    February 13, 2014 01:00 pm JST
  • Obama to visit Japan April 22 on leg of Asian tour

    WASHINGTON -- U.S. President Barack Obama will travel to Japan for a two-day stay as part of his Asian tour, a visit Tokyo hopes will help mend bilateral ties frayed by Prime Minister Shinzo Abe's year-end visit to a war-linked shrine. Japan, wh

    February 13, 2014 02:54 am JST
  • Samsung's future on the line

    SEOUL -- Samsung Electronics is not accustomed to losing and does not enjoy it. Having racked up record profits for several quarters, the South Korean juggernaut suffered its first profit decline in nearly two years in the quarter ended Dec. 31.

    February 13, 2014 12:00 am JST
  • Samsung's future on the line

    SEOUL -- Samsung Electronics is not accustomed to losing and does not enjoy it. Having racked up record profits for several quarters, the South Korean juggernaut suffered its first profit decline in nearly two years in the quarter ended Dec. 31.

    February 13, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Vietnam's Vuong aims to fight back

    HANOI -- Pham Nhat Vuong has found strength in adversity. Vingroup, a major Vietnamese property developer, on Christmas Eve opened a shopping and entertainment complex, named Vincom Mega Mall Times City, in Hanoi. The facilities were swamped wit

    February 13, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Tang adds zest to infrastructure market

    SINGAPORE -- Tang Kin Fei has a rare trait for a Singaporean businessman: loyalty. The president of Singapore's leading government-affiliated conglomerate, Sembcorp Industries, is one of the few executives in the city-state who has stuck with th

    February 13, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Sugiarto sees life beyond cars

    JAKARTA--Prijono Sugiarto must diversify income streams this year as president director of Astra International. One of Indonesia's largest conglomerates, Astra assembles and sells vehicles in collaboration with Japanese automakers Toyota Motor a

    February 13, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Lee faces weighty tasks at Hyundai Heavy

    SEOUL -- Did Lee Jai-seong take up the captaincy of a modern-day Titanic? Since being installed in November as chairman and CEO of Hyundai Heavy Industries, he has felt a sense of urgency at the helm of the company. A stalled recovery in the shi

    February 13, 2014 12:00 am JST
  • Built to last?

    Samsung Group has grown spectacularly over the decades, outshining its Japanese rivals and others. But an air of uncertainty hangs over the conglomerate. Can Samsung Electronics, the group's flagship, move away from dependence on smartphones and int

    February 13, 2014 12:00 am JST
  • Lee rallies the troops

    SEOUL -- Lee Kun-hee, chairman of Samsung Electronics and head of the Samsung Group, is working to instill a sense of crisis in his companies' ranks, urging staff to shed old ways and help Samsung reinvent itself. "Our leading businesses are con

    February 13, 2014 12:00 am JST
  • Quiet strength

    SEOUL -- The Samsung Group is most widely known these days for its smartphones, which have been outselling those of any other company. But the South Korean technology giant has also been quietly winning business building the telecommunications netwo

    February 13, 2014 12:00 am JST
  • Battery power

    SEOUL -- Long before the rise of smartphones, Samsung was known for supplying parts to companies such as Apple and Sony. Today Samsung plays an indispensable role in the global supply chain for phones, refrigerators and TVs thanks to its talent for

    February 13, 2014 12:00 am JST
  • Family business

    SEOUL -- There is little doubt that Samsung Electronics Vice Chairman Lee Jae-yong will follow in his father's footsteps as chairman of the massive conglomerate. With the "who" of the succession question all but answered, speculation is now turning

    February 13, 2014 12:00 am JST
  • Tension fuels arms race in East Asia

    LONDON -- Asia's defense spending is catching up fast with the West as China builds up its military strength and other nations in the region spend to counter this rise, the annual Military Balance report from the International Institute for Strategi

    February 13, 2014 12:00 am JST
  • Taiwan's DRAM profit came too late

    TAIPEI -- The good news came too late for Taiwan's chip industry. Nanya Technology, the island's largest DRAM maker, on Jan. 28 announced it had posted a net profit of 8.1 billion New Taiwan dollars ($265 million) for 2013. The last time the company

    February 12, 2014 02:00 pm JST
  • Japan's business hotels expanding into emerging markets

    TOKYO -- Japanese operators of budget business hotels are setting their sights abroad, eager to replicate their style of accommodations in emerging markets. Hotels in emerging countries typically fall under two categories: large foreign luxury h

    February 12, 2014 01:03 am JST