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  • Despite Trump's optimism on Pyongyang, tensions still high

    WASHINGTON/SEOUL -- Although U.S. President Donald Trump has hinted at a potential dialogue with North Korea, the countries remain as divided as ever over Pyongyang's ongoing nuclear and missile development."I believe [North Korean leader Kim Jong U

    August 24, 2017 06:20 am JST
  • Wall St falls as Trump threatens government shutdown

    NEW YORK (Reuters) -- U.S. stocks closed lower on Wednesday as investors grappled with a threat from President Donald Trump to shut down the government if Congress fails to fund a Mexico border wall.Stocks managed to briefly pare losses after commen

    August 24, 2017 06:14 am JST
  • Samsung seeks to bury fiery past with Galaxy Note 8 launch

    SEOUL/NEW YORK (Reuters) -- Samsung Electronics Co Ltd set out to wipe the slate clean in New York on Wednesday with its new Galaxy Note 8 "phablet," hoping features like dual rear cameras and its biggest-ever screen will extinguish memories of the

    August 24, 2017 05:46 am JST
  • Trump's comments roil capital markets, oil rises

    NEW YORK (Reuters) -- Stocks on Wall Street, the dollar and Treasury debt rates all fell on Wednesday after U.S. President Donald Trump's threat to shut down the government and nix a trade accord with Canada and Mexico gave investors pause.European

    August 24, 2017 05:35 am JST
  • Cambodia orders US-funded group to leave in new anti-American move

    PHNOM PENH (Reuters) -- Cambodia ordered the U.S.-funded National Democratic Institute to stop activities and remove foreign staff on Wednesday in the latest move by Prime Minister Hun Sen's government against American interests ahead of elections n

    August 24, 2017 04:41 am JST
  • Trump plans to meet scandal-hit Malaysian leader in September

    WASHINGTON (Reuters) -- U.S. President Donald Trump plans to meet Malaysian Prime Minister Najib Razak, who is embroiled in a corruption scandal at home, on Sept. 12 at the White House, the White House said on Wednesday.The U.S. Justice Department h

    August 24, 2017 04:30 am JST
  • Investors question Uber's value amid disarray

    PALO ALTO -- Disarray at Uber Technologies has led investors to question the company's heretofore massive value and added urgency to America's top ride-hailing service's search for a new CEO.The top post has sat vacant since founder Travis Kalanick

    August 24, 2017 04:01 am JST
  • Backed into corner, Toshiba, Western Digital edge closer to deal

    TOKYO -- The sudden progress toward a rapprochement between Toshiba and Western Digital on the sale of Toshiba's flash memory unit comes amid a sense of crisis on both sides as business and financial pressures start to close in.Out of patienceAt a m

    August 24, 2017 03:43 am JST
  • Keith B. Richburg

    White House dysfunction ensnares the world

    North Korea should be worried. China might be feeling relieved. America's traditional Asian allies, including Japan and the countries of Southeast Asia, can rest momentarily reassured. Human rights activists and dissidents must be disenchanted.This

    August 23, 2017 08:50 pm JST
  • Bandai Namco to bow out of overseas anime streaming

    TOKYO -- Bandai Namco Holdings will soon shut down an online anime distribution service aimed at foreign audiences after struggling to secure content in the face of competition from more-established American peers.The Japanese toy and entertainment

    August 23, 2017 08:49 am JST
  • Ford, Zotye team up to get piece of China EV future

    SHANGHAI -- Ford Motor and Chinese automaker Anhui Zotye Automobile aim to form an electric-car joint venture, spying opportunities in a nation seeking to nurture so-called new-energy vehicles as an industry.The 50-50 venture would develop, build an

    August 23, 2017 07:02 am JST
  • Wall Street rallies on optimism about tax reform

    NEW YORK (Reuters) -- U.S. stocks ended up on Tuesday, with each of the three major indexes posting their best one-day percentage gains in over a week, as lawmakers' comments on tax reform and the debt ceiling boosted investor optimism.U.S. House Sp

    August 23, 2017 05:29 am JST
  • Trump implores South Asia to step up on Afghanistan

    NEW DELHI -- Unveiling a new strategy on Afghanistan that is thin on specifics, U.S. President Donald Trump on Tuesday leaned on Pakistan and India to do more to help the war-ravaged country defeat terrorist forces."We can no longer be silent about

    August 23, 2017 05:13 am JST
  • South Korea rejects 'one-sided' US demands on trade pact

    SEOUL -- South Korea and the U.S. ended their trade talks without an agreement Tuesday, as they failed to see eye to eye on whether their existing bilateral free trade agreement needs to be amended.Seoul could not concede to Washington's "one-sided"

    August 23, 2017 04:50 am JST
  • China urges US to fix 'mistake' of sanctioning firms over North Korea

    WASHINGTON (Reuters) -- The United States should "immediately correct its mistake" of imposing unilateral sanctions on Chinese companies and individuals to avoid damaging bilateral cooperation, a Chinese embassy spokesman said on Tuesday.Washington

    August 23, 2017 04:49 am JST
  • Tillerson sees possible pathway to US-North Korea dialogue 'in near future'

    WASHINGTON (Reuters) -- U.S. Secretary of State Rex Tillerson appeared to make a peace overture to North Korea on Tuesday, welcoming what he called the restraint it had shown recently in its weapons programs and saying a path could be opening for di

    August 23, 2017 04:44 am JST
  • With Libor to end in 2021, central banks seek alternatives

    LONDON -- With the London Interbank Offered Rate slated to be phased out in 2021, central banks around the world are making preparations to ensure a smooth switch from the scandal-ridden benchmark to new home-based indicators.Underpinning mortgages,

    August 23, 2017 04:13 am JST
  • Remains of missing found in US destroyer damaged off Singapore

    SINGAPORE -- Divers found remains of some of 10 missing sailors in a sealed compartment of an American warship Tuesday, said the U.S. Pacific Fleet commander, Adm. Scott Swift.The guided-missile destroyer USS John S. McCain collided with an oil tank

    August 23, 2017 03:19 am JST
  • Exclusive

    Toshiba, Western Digital enter talks on memory sale

    TOKYO -- Toshiba has begun negotiations with business partner Western Digital in hopes of reaching an agreement this month to sell its flash memory arm and salvage a vital part of its turnaround plans, it was learned Tuesday.A consortium including W

    August 23, 2017 02:00 am JST
  • Japan to pump funding into AI chip development

    TOKYO -- Wary of allowing the country's industry fall behind, the Japanese government is set to fund the development of semiconductors for artificial intelligence and other new technologies.The country's Ministry of Economy, Trade and Industry sees

    August 22, 2017 01:20 pm JST