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  • North Korea allows South Korea reporters to visit nuclear site

    SEOUL (Reuters) -- North Korea has accepted a list of South Korean reporters to visit their nuclear testing site after a days-long tug of war with Seoul, South Korea's unification ministry said on Wednesday.North Korea invited a handful of media fro

    May 23, 2018 11:00 am JST
  • Trump says June summit with Kim Jong Un may be postponed

    NEW YORK -- U.S. President Donald Trump said on Tuesday that his scheduled June 12 meeting with North Korean leader Kim Jong Un may happen at a different time, signaling that it will be postponed if conditions are not met. The president personally g

    May 23, 2018 06:27 am JST
  • Nikkei Asia300 Index falls as investor focus shifts to Fed minutes

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Tuesday as investors await the U.S. Federal Reserve's May meeting minutes.The Nikkei Asia300 Index declined 0.3% to 1,403.45. The index traded in a less than four points range before settling l

    May 22, 2018 08:34 pm JST
  • US shale-based LNG gushes into Asia

    TOKYO -- Liquefied natural gas originating from the U.S. is flowing into Asia at an accelerating pace, with Japan becoming the most recent country to buy the fuel under a long-term contract.Japan will begin sourcing a sizable portion of its LNG from

    May 22, 2018 06:07 am JST
  • LG chairman leaves legacy of integrity and innovation

    SEOUL -- LG Twins baseball players wore black socks in their home match against Hanwha Eagles Sunday afternoon in a sign of mourning for the founder of the club and LG Corp. Chairman Koo Bon-moo, who died earlier in the day at 73 of brain cancer.Koo

    May 22, 2018 05:15 am JST
  • Hyundai pulls ownership reshuffle under fire from activist fund

    SEOUL -- A Hyundai Motor autoparts unit has withdrawn a restructuring plan that would give it effective control of the South Korean conglomerate, the supplier said Monday, after a small group of international investors criticized the terms as skewed

    May 22, 2018 01:45 am JST
  • Japan gains help in crackdown on North Korean smugglers at sea

    TOKYO -- The Japanese government is working with Asian neighbors as well as faraway countries like Canada and the U.K. to clamp down on North Korean smuggling to ensure that United Nations sanctions continue to pressure the Pyongyang regime.To gain

    May 22, 2018 01:30 am JST
  • Nikkei Asia300 Index rises as US-China trade worries cool

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose on Monday, as worries over a potential Sino-American trade war eased after the two nations agreed not to impose import tariffs on each other for now.The Nikkei Asia300 Index rose 0.3%

    May 21, 2018 08:12 pm JST
  • China up close

    Is Xi Jinping the scriptwriter of the Trump-Kim summit?

    TOKYO -- A Chinese diplomatic source said last week that "Xi Jinping will be the maestro of the U.S.-North Korean summit, even in absentia." It was a difficult concept to digest. That the Chinese president will be pulling the strings of the historic

    May 21, 2018 08:00 am JST
  • South Korea's parliament approves extra budget bill -Yonhap

    SEOUL(Reuters) -- South Korea's parliament on Sunday approved a 3.88 trillion Korean won ($3.59 billion) supplementary budget, Yonhap news agency reported, after the government proposed the bill in April.President Moon Jae-in's government's extra bu

    May 20, 2018 09:59 pm JST
  • South Korea's LG Group chairman dies at 73

    SEOUL(Reuters) -- The chairman of LG Group, Koo Bon-moo, who helped transform South Korea's fourth-largest conglomerate into a global brand, passed away on Sunday after a battle with a brain disease.Koo, 73, had been ill for a year, LG Group said in

    May 20, 2018 07:54 pm JST
  • South Korea and US to work closely on summit after Pyongyang's about-face

    SEOUL (Reuters) -- South Korean President Moon Jae-in and U.S. President Donald Trump held discussions on Sunday to ensure that the North Korea-U.S. summit remains on track after North Korea threatened to pull out of the high-level talks.Moon and Tr

    May 20, 2018 03:17 pm JST
  • Korea Inc. mostly freed from China's missile shield wrath

    SEOUL -- Most South Korean companies that do business in China are finally getting back on track after the deployment of a U.S. missile shield in the South triggered a harsh economic retaliation by Beijing, though manufacturers of electric car batte

    May 20, 2018 02:47 pm JST
  • Pacific island leaders pledge action toward North Korea denuclearization

    FUKUSHIMA, Japan -- The leaders of 16 Pacific island nations and territories, as well as Japan, Australia and New Zealand, adopted a declaration at the end of a two-day summit Saturday committing to concrete action toward denuclearization of the Kor

    May 19, 2018 11:26 pm JST
  • Trump nominates Pacific commander Harris as US ambassador to Seoul

    WASHINGTON(Reuters) -- U.S. President Donald Trump on Friday nominated Admiral Harry Harris, head of the U.S. Pacific Command, as U.S. ambassador to South Korea ahead of a summit with North Korean leader Kim Jong Un scheduled next month but since ca

    May 19, 2018 07:42 am JST
  • Nikkei Asia300 little changed as traders eye US-China trade talks

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan were little changed on Friday, as investors stayed on the sidelines ahead of the outcome of a meeting on trade between the U.S. and China.The Nikkei Asia300 Index edged 0.1% lower to 1,403.

    May 18, 2018 08:26 pm JST
  • North Korea not accepting South Korea list of reporters to visit nuke site

    SEOUL (Kyodo) -- North Korea has not accepted South Korea's roster of journalists who are planning to attend a ceremony for dismantling the Punggye-ri nuclear test site next week, Seoul's Unification Ministry said Friday.It comes just days after Nor

    May 18, 2018 07:35 pm JST
  • Smuggling ring recruited Koreans to sneak gold into Japan

    TOKYO -- Smugglers allegedly pocketed about 3.2 billion yen ($28.8 million) by selling untaxed gold brought into Japan via South Korea by couriers recruited online, marking the latest in a rash of similar cases with links to East Asia, sources close

    May 18, 2018 12:10 pm JST
  • Toshiba enters new chapter with sale of memory unit

    TOKYO -- With a key deal out of regulatory limbo, Toshiba can leave the worst of its financial troubles behind and begin building a new growth engine to replace the chip memory unit, its top earner.Chinese authorities have finally granted approval f

    May 18, 2018 06:44 am JST
  • Samsung BioLogics denies accounting fraud in hearing with regulator

    SEOUL -- South Korea's financial regulator held a hearing Thursday on Samsung BioLogics' accounting fraud case, taking the first step to review allegations that the world's third-largest contract drugmaker inflated its profits three years ago, befor

    May 18, 2018 03:58 am JST