Search results

Results 121 - 140 of 5283
  • Release of Samsung head won't hurt chaebol reform, analysts say

    SEOUL -- A Seoul court set free Samsung Group leader Lee Jae-yong on Monday, cutting by half and suspending the five-year jail term he was dealt on conviction of bribery and embezzlement, but analysts say the move will not derail South Korea's plans

    February 5, 2018 08:00 pm JST
  • Stocks fall across Asia as Nikkei index closes down 2.5%

    TOKYO -- Major Asian stock markets started the week with steep declines across the board, trailing a sharp Wall Street fall on Friday, which was prompted by soaring long-term interest rates.In India, the latest major market to open in the region, th

    February 5, 2018 05:18 pm JST
  • South Korean appeals court sets Samsung scion Lee free

    SEOUL (Reuters) -- A South Korean appeals court on Monday set Samsung Group heir Jay Y. Lee free after nearly a year of detention, suspending his five-year jail term after he was convicted of bribing the country's former president.A lower court had

    February 5, 2018 03:31 pm JST
  • Japan protests over South Korea Olympics flag showing disputed islands

    TOKYO (Kyodo) -- Japan has lodged a protest with South Korea as flags hoisted during an exhibition match by the unified Korean women's ice hockey team for the Pyeongchang Winter Olympics showed disputed islets in the Sea of Japan, the government's t

    February 5, 2018 02:51 pm JST
  • South Korea says North stole cryptocurrency worth billions of won last year

    SEOUL (Reuters) -- South Korea said on Monday that North Korea last year stole cryptocurrency from the South worth billions of won and that it was still trying to hack into its exchanges."North Korea sent emails that could hack into cryptocurrency e

    February 5, 2018 02:43 pm JST
  • North Korea's ceremonial leader to visit South Korea amid hopes for high-level talks

    SEOUL (Reuters) -- North Korea's ceremonial leader will visit South Korea this week as Seoul boosts hopes for high-level inter-Korean talks during the Winter Olympics that begin in four days.Kim Yong Nam, president of the Presidium of the Supreme Pe

    February 5, 2018 12:25 pm JST
  • Okinawa political dominoes begin to fall in favor of US base move

    TOKYO -- A mayoral election in Okinawa has removed one opponent of relocating a U.S. air base there -- a hotly debated plan with major implications for Asia-Pacific stability.Susumu Inamine, the incumbent mayor of the Okinawa Prefecture city of Nago

    February 5, 2018 11:47 am JST
  • China up close

    Downfall of a diva mirrors Beijing's backstage politics

    TOKYO -- A Chinese folk diva is in the spotlight, put there by her absence from a list.The name of Song Zuying, a female military singer close to Jiang Zemin, the 91-year old former Chinese President, has disappeared from the list of members of the

    February 5, 2018 08:00 am JST
  • Newcomer defeats anti-US base incumbent in Nago mayoral race

    NAHA, Japan (Kyodo) -- An independent newcomer backed by Prime Minister Shinzo Abe's government defeated the anti-U.S. base incumbent in the Nago mayoral election Sunday, an outcome which could give impetus to the central government's controversial

    February 5, 2018 01:01 am JST
  • Abe to ask U.S., S. Korea not to scale down joint military drill

    TOKYO (Kyodo) -- Japanese Prime Minister Shinzo Abe will ask the United States and South Korea to conduct a planned joint military drill after the Pyeongchang Winter Olympics without scaling it down so as to keep pressuring North Korea to give up it

    February 4, 2018 10:29 am JST
  • KT, Samsung, Intel to offer trial 5G service at Pyeongchang Olympics

    SEOUL -- South Korean telecom giant KT will for the first time unveil a trial service of fifth-generation network technology together with Samsung Electronics and Intel of the U.S. at the Pyeongchang Winter Olympics starting on Friday.According to K

    February 4, 2018 12:46 am JST
  • Comment

    Trump's military options in spotlight after Korean ambassador spat

    TOKYO -- The withdrawal of Victor Cha as the next U.S. ambassador to South Korea due to his disagreement over a limited strike on North Korea, shows just how real the possibility of a preemptive strike is within the Trump administration.And while No

    February 3, 2018 08:53 pm JST
  • South Koreans buying more German luxury autos than Japanese

    SEOUL -- German high-end vehicles have become such must-have status symbols in South Korea that imports are outpacing those to Japan.The number of Mercedes-Benz vehicles sold last year in South Korea soared 22% to a record 68,861 units, data from th

    February 3, 2018 04:35 pm JST
  • North Korea wants to win more than medals at Olympics

    SEOUL -- As ten North Korean skaters and skiers arrived in South Korea on Thursday to take part in the Winter Olympics in Pyeongchang, South Korea, the world is reminded, again, that there is nothing separating sports from politics. North Korea watc

    February 3, 2018 02:47 pm JST
  • Asian equity bull run halts, spooked by Wall Street

    TOKYO -- The bull run of Asian stocks has come to a halt. Major benchmark indexes in the region, apart from Malaysia, are now off their highs as investors grow wary of Wall Street stocks' performance.The Nikkei Asia 300 Index of more than 300 region

    February 3, 2018 05:28 am JST
  • UN chief welcomes signs of North-South thaw ahead of Olympics

    UNITED NATIONS -- The improved relations between North and South Korea ahead of the upcoming Winter Olympics in Pyeongchang are encouraging but do not undercut the importance of removing nuclear weapons from the Korean Peninsula, U.N. chief Antonio

    February 3, 2018 05:08 am JST
  • North Korea warns against US-South Korea military drills after Olympics

    SEOUL (Reuters) -- North Korea has warned that if the United States goes ahead with delayed military exercises with South Korea after the Winter Olympics it will not "sit idle", the North's foreign minister said in a letter to the United Nations.Nor

    February 3, 2018 04:38 am JST
  • Trump talks to South Korean president on trade, human rights in North

    WASHINGTON (Reuters) -- U.S. President Donald Trump spoke to South Korean President Moon Jae-in on Friday about human rights in North Korea and trade between the United States and South Korea, the White House said."The two leaders discussed the impo

    February 3, 2018 04:18 am JST
  • Abe, Trump agree to cooperate with Seoul in reining in North Korea

    TOKYO (Kyodo) -- Prime Minister Shinzo Abe said Friday he and U.S President Donald Trump agreed to work together with South Korea in pressing North Korea to abandon its nuclear and missile development programs.During their telephone talks, Abe also

    February 3, 2018 01:53 am JST
  • Nikkei Asia300 Index falls as U.S. bond selloff damps appetite for risk assets

    MUMBAI (NewsRise) -- Asian stocks outside of Japan ended the week on a negative note as a selloff in U.S. bond market accelerated, sapping regional risk appetite.The Nikkei Asia300 Index declined 1% to 1,504.4. For the week, the gauge was down more

    February 2, 2018 08:42 pm JST