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  • Nikkei Asia300 Index over 2% on week after US shares' record run

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced on Friday to end the week higher after U.S. equity indexes rose to fresh record highs on optimism over tax reforms.The Nikkei Asia300 Index rose 0.4% to 1,320.81 points Friday. The index is

    October 6, 2017 08:44 pm JST
  • Panel finds US washing machine makers hurt by LG, Samsung imports

    WASHINGTON (Reuters) -- The U.S. International Trade Commission found on Thursday that surging imports of large residential washing machines harmed domestic producers, a major step toward the imposition of broad duties or quotas on foreign-made Sams

    October 6, 2017 05:04 am JST
  • Trump trying to revamp 'bad' deals via bilateral trade talks

    WASHINGTON/SEOUL -- President Donald Trump is embracing bilateral trade pacts as a way to extract better deals for his country as he struggles to fulfill his campaign promises of reducing the U.S. trade deficit and creating jobs.The U.S. and South K

    October 6, 2017 04:32 am JST
  • Nikkei Asia300 Index edges higher as Singapore property developers advance

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Thursday, helped by Singapore property developers and positive U.S. cues.The Nikkei Asia300 Index rose 0.2% to 1,315.07. Trading was thin as markets in Hong Kong, China, and South Korea wer

    October 5, 2017 08:27 pm JST
  • In shift, South Korea and US to push forward on trade talks

    WASHINGTON (Reuters) -- South Korea indicated on Wednesday it was open to talks on revising a 2012 trade pact with the United States after initial differences that followed President Donald Trump's threat to terminate the accord unless it was renego

    October 5, 2017 11:48 am JST
  • South Korea's anti-graft rules appear to be working, mostly

    SEOUL For one woman here, South Korea's year-old anti-graft law means never having to buy another designer scarf for her child's teacher."You don't have to worry about what to give the teacher anymore" for Teachers' Day, she cheerfully reports, refe

    October 5, 2017 10:00 am JST
  • Bitcoin is a bellwether of anti-government sentiment

    TOKYO An startling proposal is being discussed in Seoul: nationalizing the Samsung group, the largest family-owned conglomerate, or chaebol, in South Korea.Under the plan, Samsung Electronics Vice Chairman Lee Jae-yong, the de facto leader of the gr

    October 5, 2017 10:00 am JST
  • Pyeongchang spends big to prepare for the Winter Olympics

    PYEONGCHANG, South Korea There's a rumor going around South Korea that Pyeongchang, the northeastern county hosting the 2018 Winter Olympics, has changed its English spelling, adding an "e" to avoid confusion with the North Korean capital Pyongyang.

    October 5, 2017 10:00 am JST
  • Hitachi to bring Samsung-made medical equipment to Japan

    TOKYO -- Hitachi will offer in Japan a compact diagnostic ultrasound system from Samsung Medison, hoping the addition will help it win business from small- and midsize health care providers.Hitachi will release the HS40 ultrasound system Thursday, o

    October 5, 2017 03:18 am JST
  • CJ Group expands into Vietnamese logistics

    HO CHI MINH CITY -- South Korea's CJ Group has acquired over 50% of the shipping and logistics subsidiaries of Gemadept, Vietnam's biggest logistics company, according to filings Tuesday at the Ho Chi Minh Stock Exchange.Figures have not been disclo

    October 5, 2017 12:51 am JST
  • Nikkei Asia300 Index advances tracking record U.S. stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, buoyed by record-high U.S. equities, even as Chinese developers extended their gains.The Nikkei Asia300 Index advanced 0.3% to 1,312.51. Taiwan's financial markets were closed on Wed

    October 4, 2017 08:58 pm JST
  • Vietnam and Japan would be among hardest hit by a Korean conflict

    TOKYO -- If recent escalations in tensions ultimately culminate in a military conflict on the Korean peninsula, the U.S. and North Korea would not be the only countries to suffer -- at least in terms of credit-worthiness, the ratings company Moody's

    October 4, 2017 04:15 pm JST
  • World Bank warns of 'serious economic consequences' if North Korea dispute escalates

    SINGAPORE/BANGKOK -- The World Bank has taken the unusual step of warning that geopolitical tensions could jeopardize what is otherwise a positive picture of regional growth prospects in its semiannual East Asia and Pacific Economic Update.The repor

    October 4, 2017 11:00 am JST
  • A year on, South Korea's wining-and-dining curbs sinking in

    SEOUL -- For one woman here, South Korea's year-old anti-graft law means never having to buy another designer scarf -- for your child's teacher."You don't have to worry about what to give the teacher anymore" for Teachers' Day, she cheerfully report

    October 4, 2017 09:45 am JST
  • Japan Display puts OLED panels at center of comeback plan

    TOKYO -- Japan Display is counting on OLED panels to help it regain its financial footing, planning a big investment in the field with outside support as part of a drastic turnaround plan due out this coming spring.The Japanese company intends to be

    October 4, 2017 03:45 am JST
  • North Korea snubs Moon's calls for family reunions

    SEOUL -- Despite South Korean President Moon Jae-in's attempts at thawing relations with North Korea, Pyongyang has ignored Seoul's proposal for an October reunion of families torn apart by the Korean War.Moon, whose progressive administration has o

    October 4, 2017 02:14 am JST
  • Japan to challenge South Korea's OLED lead with cost-cutting tech

    TOKYO -- The government-backed JOLED is set to become the first Japanese company to mass-produce panels that use organic light-emitting diodes, employing new low-cost manufacturing technology to take on South Korean front-runners. The Japan Display

    October 4, 2017 02:00 am JST
  • Nikkei Asia300 Index gains as reserve ratio cut boosts Chinese banks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Tuesday, led by Chinese banks following a targeted cut in their reserve requirements by the nation's central bank.The Nikkei Asia300 Index rose 0.8% to 1,309.04. Industrial and Commercial B

    October 3, 2017 08:33 pm JST
  • Japanese digital reward program crossing borders in Southeast Asia

    TOKYO -- A loyalty program backed by Japan Airlines and others will continue its expansion in Asia by enabling consumers in Japan, Indonesia and Malaysia to accrue and spend points in all of these countries starting next spring, a move that could he

    October 3, 2017 04:30 pm JST
  • North Korea plots next move as Trump gives cold shoulder

    WASHINGTON/TOKYO -- U.S. President Donald Trump is doubling down on his hard-line North Korea strategy, with the White House on Monday again ruling out direct talks. This came a day after the president called negotiating over Pyongyang's nuclear and

    October 3, 2017 04:11 pm JST