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  • Internet of things promises sustained chip market surge

    TOKYO -- The global semiconductor market is seen ballooning nearly 30% over two years as the need for high-speed data processing and the dawn of networked devices create massive new demand.The market will reach $408.6 billion this year, 20.6% larger

    November 29, 2017 04:51 am JST
  • Heavy debt raises interest-rate risk for emerging economies

    TOKYO -- Years of accommodative monetary policy may have kept the world economy growing, but it has also increased risk, an intergovernmental think tank warned in its most recent economic outlook on Tuesday.The Organization for Economic Cooperation

    November 28, 2017 09:42 pm JST
  • Nikkei Asia300 Index ends little changed after China recovery

    NEW DELHI (NewsRise) -- Asian stocks ended little changed on Tuesday as a rebound in Chinese equities outweighed losses in energy producers ahead of a meeting by the Organization of Petroleum Exporting Countries.The Nikkei Asia300 Index edged 0.03%

    November 28, 2017 08:18 pm JST
  • Samsung shares edge higher but Asian chip stocks remain weak

    SEOUL/TAIPEI -- Samsung Electronics shares on Tuesday clawed back some of their losses triggered by a downgrade of the semiconductor industry by investment bank Morgan Stanley at the weekend, although other stocks in the sector remained weak for a s

    November 28, 2017 07:58 pm JST
  • China partly lifts ban on group tours to S.Korea, online curbs stay

    SEOUL/BEIJING (Reuters) -- China will allow travel agencies in Beijing and Shandong to partly resume sales of group tours to South Korea, in a sign of thawing relations between the nations that have been locked in a year-long diplomatic standoff.How

    November 28, 2017 04:07 pm JST
  • Anatole Kaletsky

    Today's rational exuberance

    With share prices around the world setting new records almost daily, it is tempting to ask whether markets have entered a period of "irrational exuberance" and are heading for a fall. The answer is probably no.What many analysts still see as a tempo

    November 28, 2017 12:48 pm JST
  • South Korean households up to their necks in debt

    SEOUL -- South Korea's household debt continues to spiral upward, reaching 1,419.1 trillion won ($1.3 trillion) in September, up 2.2% from three months earlier. That is equal to about 86.7% of the country's seasonally-adjusted nominal GDP, which rea

    November 27, 2017 08:30 pm JST
  • Chinese companies pull Nikkei Asia300 lower amid high funding costs

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan fell Monday, led by losses in Chinese companies, as investors remained concerned about elevated funding costs in the world's second-largest economy.The Nikkei Asia300 Index lost 1.1% to 1,4

    November 27, 2017 08:14 pm JST
  • Kim Larkin

    Asian regulators should focus on light touch for ICOs

    China banned initial coin offerings in September as "a form of unapproved illegal public financing behavior." South Korea followed suit a few weeks later. Regulators in Hong Kong, Singapore, the U.S. and other countries have also expressed concerns.

    November 27, 2017 11:50 am JST
  • North Korean workers seen digging trench where defector crossed border

    SEOUL (Reuters) -- North Korea has reportedly replaced guards and fortified a section of its border with South Korea where a North Korean soldier defected last week, while South Korean and U.S. soldiers have been decorated for their role in the defe

    November 27, 2017 03:33 am JST
  • UK retailer Cath Kidston to double stores in Japan

    LONDON -- British handmade accessory chain Cath Kidston, known for bags and wallets with flowery prints, is set to boost its presence in Asia, increasing the number of shops in Japan, South Korea and Thailand, while scaling back its business in Chin

    November 26, 2017 10:47 am JST
  • World trade grows 5.1% in July-September, fastest in over 6 years

    TOKYO -- The volume of world trade between July and September grew at the highest rate in six and a half years, according to statistics from the CPB Netherlands Bureau for Economic Policy Analysis, a sign that years of "slow trade" may be coming to

    November 26, 2017 12:37 am JST
  • South Korea creates day of remembrance for comfort women

    SEOUL -- The National Assembly voted Friday to designate Aug. 14 a day to honor wartime "comfort women," a move that could further strain South Korean relations with Japan.Though not a holiday, the national and local governments will make efforts to

    November 25, 2017 06:25 am JST
  • Castro meets North Korea minister amid hope Cuba can defuse tensions

    HAVANA (Reuters) -- Cuban President Raul Castro met with North Korean Foreign Minister Ri Yong Ho on Friday amid hopes the Communist-run island might be able to convince its Asian ally to avert a showdown with the United States.North Korea is facing

    November 25, 2017 06:10 am JST
  • Hyundai Mobis develops low-cost tech that helps drivers back up

    SEOUL -- Drivers needing to reverse their path can have the vehicle handle the task with precision through a low-cost technology developed by Hyundai Mobis, an autoparts maker in the Hyundai Motor group.The South Korean company's technology lets the

    November 25, 2017 04:14 am JST
  • Wage growth plateaus at Asian ops of Japanese companies

    BANGKOK -- Japanese companies pulled back on pay raises at operations elsewhere in Asia this fiscal year, a Nikkei Research poll shows, with growth appearing to peak even in areas where wages had been surging.Local wages rose by an average of 5.55%

    November 25, 2017 02:09 am JST
  • Nikkei Asia300 Index rises as China bond rout eases

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan ended higher on Friday to clinch a weekly advance, as a rout in Chinese equities eased after Treasury bond yields edged away from three-year highs.The Nikkei Asia300 Index rose 0.4% to 1,41

    November 24, 2017 09:04 pm JST
  • South Korean companies step up push into India

    SEOUL -- South Korean companies are aggressively increasing their investments in India, drawn by the country's fast-expanding economy and youthful demographics.Lotte Confectionary has agreed to acquire a 100% stake in Indian ice cream maker Havmor f

    November 24, 2017 08:04 pm JST
  • Hyundai Mobis touts its new air bag for sunroofs

    SEOUL -- Hyundai Mobis, a major car parts maker affiliated with South Korea's Hyundai Motor, has developed an airbag for sunroofs.The company, known for its production quality standards and distribution network, sees the new air bag -- which it says

    November 24, 2017 12:15 pm JST
  • Japan loses appeal as regional airline hub

    NEW YORK -- Japan is losing its luster as the primary aviation hub in northeast Asia.Major U.S. airlines are scrapping routes to and from Narita International Airport near Tokyo -- the country's main international gateway -- and opting instead for a

    November 24, 2017 11:54 am JST