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  • As NZ goes to the polls, will TPP be dealt another blow?

    SYDNEY -- When New Zealand goes to the polls on Saturday, the outcome will be a reflection of the national mood on one of the key areas of concern -- property prices. Countries signed up to the Trans-Pacific Partnership will also be watching to see

    September 22, 2017 10:38 am JST
  • South Korea gives nod to left-leaning chief justice

    SEOUL -- South Korea's parliament on Thursday confirmed President Moon Jae-in's choice of Kim Meong-su to lead the Supreme Court, an appointment with the potential to bring politically disruptive rulings on the issue of South Koreans forced to work

    September 22, 2017 05:26 am JST
  • Trump announces fresh sanctions on North Korea

    WASHINGTON/NEW YORK -- U.S. President Donald Trump on Thursday announced new unilateral sanctions on corporations, banks and individuals that deal with North Korea in order to "cut off sources of revenue that fund North Korea's efforts to develop th

    September 22, 2017 05:17 am JST
  • Earnings preview

    Ramen chain Hiday Hidaka seen hitting record interim profit

    TOKYO -- Hiday Hidaka likely rang up a record parent-only operating profit in the March-August period by attracting more customers with affordable meals and drinks.The ramen noodle chain operator is expected to post a profit of a little more than 2.

    September 22, 2017 04:10 am JST
  • Trump says signs new order to widen sanctions against North Korea

    NEW YORK (Reuters) -- U.S. President Donald Trump said on Thursday he had signed an executive order that would allow the United States to ramp up sanctions on North Korean firms in an effort to dissuade Pyongyang from pursuing its nuclear missile pr

    September 22, 2017 02:10 am JST
  • South Korea's Moon extends olive branch to North

    UNITED NATIONS -- The South Korean president called on Pyongyang to renounce its nuclear weapons program and choose a path to peace in his debut address at the U.N. Thursday, laying out a dialogue-based approach that is at odds with the hard-line Am

    September 22, 2017 02:06 am JST
  • Chipmaker GlobalFoundries asks EU to investigate bigger rival TSMC: source

    BRUSSELS (Reuters) -- U.S. electronic chipmaker GlobalFoundries has asked European antitrust regulators to investigate market leader TSMC, accusing the Taiwanese firm of unfair competition, an industry source said on Monday.GlobalFoundries is the cl

    September 22, 2017 01:51 am JST
  • Ex-South Korean President Lee Myung-bak faces criminal probe

    SEOUL -- Another former South Korean president faces a criminal investigation, as prosecutors gear up to look into Lee Myung-bak's alleged abuse of power during his five years in office from 2008 to 2013.Seoul Mayor Park Won-soon on Tuesday filed a

    September 21, 2017 08:13 pm JST
  • A sea change in Pacific fish wars

    TOKYO -- In ominous times, the world is already at war over fish, and seafood-loving Japan finds itself pitted against fish-hungry nations and regions like China, North Korea, Taiwan, and the U.S.Japan has been losing out to the competition lately,

    September 21, 2017 08:06 pm JST
  • Toshiba calls extraordinary meeting for Oct. 24

    TOKYO -- Toshiba will hold an extraordinary shareholders meeting on Oct. 24 to formalize the board's decision to sell Toshiba Memory to a consortium led by U.S. investment fund Bain Capital.Shareholders will also vote on the appointment of its 10 bo

    September 21, 2017 03:15 pm JST
  • SK Hynix says some key issues on Toshiba chip unit sale still need agreement

    SEOUL (Reuters) -- SK Hynix Inc, part of the winning consortium for Toshiba Corp's chip unit, said on Thursday that some key issues still needed to be agreed upon.Toshiba said on Wednesday it had agreed to sell the prized unit to a consortium led by

    September 21, 2017 03:08 pm JST
  • Asia will be home to 60% of world's elderly by 2030s: Deloitte

    SINGAPORE -- Some 60% of the world's population of people over 65 years old will live in Asia by 2030, causing a number of economies in the region to face demographic challenges before they get rich enough, according to a recent report by consultanc

    September 21, 2017 02:45 pm JST
  • China reiterates calls for South Korea to remove THAAD

    BEIJING (Reuters) -- Chinese Foreign Minister Wang Yi reiterated to his South Korean counterpart Beijing's demand for the removal of the Terminal High Altitude Area Defense (THAAD) anti-missile system, state news agency Xinhua said on Thursday. Wang

    September 21, 2017 02:35 pm JST
  • Seoul to offer North Korea $8 million in humanitarian aid

    SEOUL - The South Korean government said Thursday that it will provide two United Nations' agencies with $8 million in aid, which will be earmarked for children and pregnant women in North Korea. The move is aimed at separating humanitarian assistan

    September 21, 2017 01:46 pm JST
  • European business leaders back a Thai canal project

    BANGKOK An ambitious, $28 billion plan to build a ship canal linking the Indian and Pacific oceans has received a major boost of support as European business leaders in Thailand join Chinese government advisers and influential Thais to urge the mili

    September 21, 2017 10:00 am JST
  • Chinese makers offer Asia what Apple doesn't: Affordability

    BANGKOK On a recent Saturday morning, the MBK Center, a regional mecca for electronic gadgets in the heart of the Thai capital, was crowded with young technology buffs. Just days earlier, Apple had unveiled its iPhone X, but despite the worldwide bu

    September 21, 2017 10:00 am JST
  • Richard Heydarian: ASEAN can act as a bridge for the two Koreas

    The Association of Southeast Asian Nations could play an effective role in easing tensions over North Korea's nuclear and missile program because of its ties with both Koreas.North Korea appears well on its way to becoming a nuclear power. As the wo

    September 21, 2017 10:00 am JST
  • AP Systems benefiting from rising OLED orders

    SEOUL -- AP Systems stands to benefit from rising orders for its organic light-emitting diode equipment from its key client, Samsung Electronics, as well as customers from China as the panel display industry experiences a structural shift from liqui

    September 20, 2017 09:11 pm JST
  • Japan vows to promote "quality infrastructure" in Indo-Pacific

    NEW YORK (Kyodo) -- Japanese Foreign Minister Taro Kono on Tuesday pledged to take the lead in promoting "quality infrastructure" in the Indo-Pacific region.Speaking in a meeting in New York on promoting high-quality and environmentally friendly inf

    September 20, 2017 09:17 am JST
  • Biggest Asian workforces underprepared for digital future: survey

    HONG KONG -- The economies of China, India and Indonesia are digitizing fast, but their populations may not be well equipped to reap the benefits of a world experiencing rapid globalization, urbanization and technological innovation, according to a

    September 20, 2017 01:25 am JST