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  • Hyundai drafts quake response, learning from Japan

    SEOUL -- Hyundai Motor has compiled a manual for workers on what to do in the event of an earthquake, learning from peers in quake-prone Japan, South Korea's Yonhap News Agency reported Friday.The news came just two days after a magnitude 5.4 temblo

    November 18, 2017 06:31 am JST
  • China likely seeks diplomatic coup with North Korea envoy

    BEIJING/SEOUL -- A Chinese special envoy has gone to Pyongyang during what could prove a window to push for talks between North Korea and the U.S. on de-escalating tensions.Song Tao, head of the Chinese Communist Party's International Liaison Depart

    November 18, 2017 05:37 am JST
  • iPhone X drives record orders for Japan's parts makers

    TOKYO -- The launch of Apple's iPhone X has brought a boom for Japanese parts suppliers, six of which scored record order values on a quarterly basis in July-September, and business looks set to stay strong now that production of the high-end smartp

    November 18, 2017 03:16 am JST
  • Trump discussed trade pact with Abe, US ambassador says

    TOKYO -- United States President Donald Trump discussed a possible bilateral free trade agreement with Japanese Prime Minister Shinzo Abe during his visit to Tokyo in the beginning of this month, the U.S. ambassador to Japan said on Friday.After the

    November 17, 2017 07:54 pm JST
  • Former South Korean spy chiefs arrested on bribery charges

    SEOUL -- South Korean prosecutors Friday arrested Lee Byung-kee, a former chief of the National Intelligence Service under former President Park Geun-hye's administration, over accusations that secret payments were delivered by the NIS to the now-im

    November 17, 2017 01:54 pm JST
  • Panasonic staking claim to India as future core market

    NEW DELHI -- Panasonic is finally turning its fortunes around in India as efforts to give local operations more say in product development and deepen cooperation with other companies bear fruit."India will become a core market for us in the future,"

    November 17, 2017 11:50 am JST
  • Japan to pay dues again as UNESCO signals reform

    TOKYO -- Japan plans to resume annual contributions to UNESCO now that the organization has postponed a decision on a contentious issue and indicated a willingness to better handle politically sensitive matters.Tokyo had withheld funding on the grou

    November 17, 2017 06:58 am JST
  • Top Moon aide offers to resign over bribery scandal

    SEOUL -- A top aide to South Korean President Moon Jae-in offered to resign on Thursday after his subordinates were arrested on embezzlement charges, dealing a heavy blow to the president's campaign against improprieties committed by the past two co

    November 17, 2017 06:08 am JST
  • Hyundai, SK Telecom, Hanwha ready AI investment fund

    SEOUL -- Hyundai Motor, SK Telecom and Hanwha Group will establish a $45 million investment fund for artificial intelligence startups, the South Korean companies said Thursday, hoping to uncover cutting-edge technologies that can improve their core

    November 17, 2017 03:27 am JST
  • Interview

    Business chat app Slack seeks to crack Asia from Japan

    TOKYO -- Slack Technologies, an operator of business chat software, will start offering a Japanese version of its service on Friday, making it the U.S. startup's first attempt in Asia at localization. Co-founder and Chief Technology Officer Cal Hend

    November 17, 2017 12:00 am JST
  • South Korean companies still face China obstacles, despite positive talks

    SEOUL -- South Korean companies say that they still face obstacles doing business in China, despite the fact the two countries agreed last month to resolve their conflict over the deployment of a U.S. missile defense system in Seongju.Retail conglom

    November 16, 2017 08:41 pm JST
  • Nikkei Asia300 Index gains as Tencent rises after earnings

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Thursday, as Tencent Holdings paced a rally in technology shares after upbeat third-quarter earnings.The Nikkei Asia300 Index rose 0.8% to 1,380.25.Index heavyweight Tencent advanced 2.3% a

    November 16, 2017 08:28 pm JST
  • Can an 'America first' approach restore US leadership in Asia?

    DANANG, Vietnam U.S. President Donald Trump has made it clear -- finally -- that America intends to stay involved in the Asia-Pacific region. What is far less certain is whether bilateral deals that put "America first" will be enough to curb China's

    November 16, 2017 10:00 am JST
  • China resists U.S. calls for 'maximum pressure' on North Korea

    BEIJING The U.S. strategy to back North Korea into a corner remains incomplete after President Donald Trump met with East Asian leaders through Nov. 9, as China balked at the more forceful approach accepted by Japan and South Korea.Trump appears rea

    November 16, 2017 10:00 am JST
  • Singles Day shows that the 'Alibaba effect' has global legs

    SHANGHAI China's Singles Day festival on Nov. 11 generated a record 168.3 billion yuan ($25.3 billion) in sales on Alibaba's online platforms, up 39% from a year earlier, the e-commerce conglomerate said."More than $25 billion of [gross merchandise

    November 16, 2017 10:00 am JST
  • Uniqlo aims for just local enough

    Uniqlo operator Fast Retailing is planning to expand its lineup of localized products without sacrificing its globally recognized identity."We will offer more variations [in our items] to meet our customers' growing need for modest clothing," Fast R

    November 16, 2017 10:00 am JST
  • Japan's rise in shipbuilding orders dwarfed by Asian rivals

    TOKYO -- A rebound continues for Japanese shipbuilders as new-order capacity rose on the year for a 10th straight month in October, but these manufacturers are firing volleys at heftier rivals in South Korea and China whom they say receive unfair go

    November 16, 2017 07:35 am JST
  • Trump: China agrees North Korea nuclear weapon freeze not enough

    WASHINGTON (AP) -- President Donald Trump said Wednesday that the U.S. and China agree that North Korea cannot just freeze its nuclear weapons program in exchange for concessions and that it must eliminate its arsenal.Trump was restating a long-stan

    November 16, 2017 07:08 am JST
  • South Korea, Canada sign standing currency swap: Bank of Korea

    SEOUL (Reuters) -- South Korea and Canada have signed a standing bilateral currency swap agreement that will allow both countries to provide liquidity for the counterparty to support domestic financial stability, the Bank of Korea said on Thursday.T

    November 16, 2017 06:43 am JST
  • Samsung, SK Hynix drive South Korea Inc. to record earnings

    SEOUL -- South Korea's semiconductor industry has proven so dominant in the country's corporate sector that a single segment controlled by Samsung Electronics makes the difference between record aggregate profit and a relatively flat period.During t

    November 16, 2017 03:42 am JST