Search results

Results 121 - 140 of 4341
  • Samsung turns to LG as supplier of LCD panels

    SEOUL -- Samsung Electronics will procure liquid crystal display panels from LG Group, the first full-fledged partnership between the two longtime South Korean rivals.LG Display will soon begin supplying panels 40 inches and larger to Samsung, a sou

    July 21, 2017 03:45 am JST
  • Posco profit surges 44% on recovering steel demand

    SEOUL -- Posco's operating profit soared 44% to 979.1 billion won ($869 million) in the April-June quarter, the major South Korean steelmaker said Thursday.Recovering steel demand in advanced economies and a reduction in output by Chinese steel prod

    July 21, 2017 03:27 am JST
  • Co-working pioneer WeWork confident of rapid Japan growth

    TOKYO -- WeWork, a New York-based provider of shared office space services, has never met a cultural barrier it hasn't overcome, said co-founder Miguel McKelvey. He said Japan will be no exception and expressed confidence that his company will grow

    July 20, 2017 09:30 pm JST
  • CEO of top South Korean military supplier resigns over corruption scandal

    SEOUL -- The chief executive of Korea Aerospace Industries, Ha Sung-yong, resigned Thursday amid a corruption scandal in which the state-owned military company is alleged to have manipulated costs for the development of military aircraft by tens of

    July 20, 2017 06:58 pm JST
  • John Merrill

    US flexibility could ease tensions with North Korea

    The Chinese and Russian proposal for a freeze on large-scale U.S.-South Korean military exercises in return for a freeze on further North Korean nuclear and missile tests just might work -- if only Washington could give it a chance rather than dismi

    July 20, 2017 09:00 am JST
  • Asahi exports Super Dry 'freshness management' to South Korea

    TOKYO -- Asahi Breweries will introduce freshness-ensuring techniques in South Korea for its Super Dry brand, looking to add to its already market-leading share of the country's imported beer market. The Japanese beer maker does not have a brewery i

    July 20, 2017 06:53 am JST
  • South Korea plans remembrance day for 'comfort women'

    SEOUL -- South Korea will launch a series of tributes to wartime military "comfort women" starting next year, aiming to appease a public demanding more be done to resolve the issue without renegotiating an ostensibly "final" settlement with Japan.Se

    July 20, 2017 06:01 am JST
  • South Korea's SK Telecom to test self-driving tech on road

    SEOUL -- SK Telecom will test autonomous vehicles on public roadways in its effort to develop vehicle communications technology based on the next-generation mobile phone standard.South Korea's largest wireless carrier said Wednesday it has secured g

    July 20, 2017 04:22 am JST
  • South Korea's Moon sets goal of nuclear deal with North by 2020

    SEOUL -- South Korean President Moon Jae-in on Wednesday put forward a plan for his time in office that details a pivot to engagement with the North, as well as a raft of measures to address widening income inequality.Road to rapprochementMoon's new

    July 20, 2017 03:23 am JST
  • South Korean bank adding forex to Japanese mobile repertoire

    TOKYO -- Shinhan Bank, a unit of South Korea's Shinhan Financial Group, will soon start accepting currency exchange orders around the clock in Japan via the Line Pay mobile payment platform.Entering the currencies and the amount, the user specifies

    July 20, 2017 02:10 am JST
  • Global standard coming for next-generation mobile service

    TOKYO -- A worldwide standard for mobile communications is in the works as Japan, the U.S., Europe, China and South Korea work to set common specifications for ultrahigh-speed 5G data services by 2020 -- a move expected to propel the spread of "inte

    July 20, 2017 02:10 am JST
  • Tourists to Japan boosted spending 13% in April-June

    TOKYO -- Travel expenditures by visitors to Japan increased 13% year on year to 1.07 trillion yen ($8.37 billion) in the quarter ended in June, the Japan Tourism Agency said Wednesday.The figure is the highest for a quarter since the survey began in

    July 19, 2017 11:41 pm JST
  • Hyundai Motor to begin production at fifth China factory in August

    SEOUL (Reuters) -- South Korean automaker Hyundai Motor Co said on Wednesday it will begin production at its fifth factory in China in August, as it hopes to reverse a sales slump in the world's biggest auto market where a diplomatic spat has hit Ko

    July 19, 2017 03:22 pm JST
  • With offer of talks, Seoul puts ball in Pyongyang's court

    SEOUL -- South Korea's offer of military and humanitarian dialogue with the North could let Seoul take the lead in efforts to curb Pyongyang's nuclear and missile development programs -- but only if the reclusive state shows an unusual willingness t

    July 19, 2017 02:01 am JST
  • Asian currencies edge up as dollar slips to 10-month low

    Most Asian currencies edged up on Tuesday as the dollar came under renewed pressure, with the Thai baht hitting its strongest in more than two years and the won climbing to a 1-month high.Uncertainty over the pace of the Federal Reserve's policy tig

    July 18, 2017 03:50 pm JST
  • At some companies, sons-in-law trump professional managers

    TOKYO -- Toyota Motor, Wal-Mart Stores, and ArcelorMittal. Many companies that draw stock market attention are management-owned companies. They have strengths and weaknesses, and not all of them are big names."We focus more on future growth than on

    July 18, 2017 01:14 pm JST
  • Samsung Elec to recover rare metals from recalled Note 7s

    SEOUL (Reuters) -- Tech giant Samsung Electronics Co Ltd said on Tuesday it plans to recover 157 tonnes' worth of rare metals from recalled Galaxy Note 7 smartphones in a bid to minimise the environmental impact of the fire-prone devices.Samsung sai

    July 18, 2017 11:45 am JST
  • Nanya forecasts continued tight DRAM supply

    TAIPEI -- Taiwan's leading memory chipmaker Nanya Technology on Monday said the supply of dynamic random access memory (DRAM) chips would continue to be tight in the second half, driven by demand for data center servers, dual cameras in handsets, ot

    July 17, 2017 11:10 pm JST
  • South Korea proposes military talks with North Korea to ease tensions

    SEOUL (kyodo) -- South Korea on Monday proposed holding inter-Korean military talks on Friday to ease tensions along the border, South Korean Vice Defense Minister Suh Choo Suk said.In the proposal, South Korea wants to have the meeting at Tongilgak

    July 17, 2017 03:23 pm JST
  • Chinese, South Korean, Indian apparel makers landing in Ethiopia

    ADDIS ABABA -- Ethiopia is fast developing into a dynamic apparel-sourcing hub as low labor costs lure international clothing makers to the African nation.Manufacturers from China, South Korea, India and other countries have opened new plants in the

    July 17, 2017 03:02 pm JST