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  • Trump negotiating with several countries over tariffs: White House

    WASHINGTON (Reuters) -- President Donald Trump is negotiating with a number of countries over the possibility of providing exemptions to new U.S. tariffs on steel and aluminum imports, the White House said on Friday."He's ... working with a number o

    March 17, 2018 08:24 am JST
  • Global trade surpasses economic growth for first time in 6 years

    TOKYO -- The volume of global trade grew faster than the world economy in 2017 for the first time in six years, as rising demand for semiconductors added fuel to the industry's far-reaching supply chains, thereby ending a period in which global trad

    March 17, 2018 06:50 am JST
  • North Korea must agree to nuclear inspections, Abe tells Moon

    TOKYO -- Japanese Prime Minister Shinzo Abe told South Korean President Moon Jae-in Friday that North Korea must take concrete steps toward scrapping its nuclear program, such as submitting to inspections by the International Atomic Energy Agency.In

    March 17, 2018 03:16 am JST
  • Nuclear-free North Korea is nonnegotiable, Moon tells Trump

    SEOUL -- South Korea will not compromise with North Korea on denuclearization, President Moon Jae-in told U.S. counterpart Donald Trump by telephone Friday in a likely attempt to ease American concerns over Seoul relaxing pressure on Pyongyang.Moon

    March 17, 2018 03:09 am JST
  • South Korea seeks high-level talks with the North this month

    SEOUL -- South Korea said Friday that it will propose holding high-level talks with North Korea within the month to lay the groundwork for their summit meeting slated for late April.The summit -- preceding a separate, historic one expected by May be

    March 17, 2018 02:50 am JST
  • Nikkei Asia300 Index falls amid U.S. political uncertainty

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday amid more U.S. political uncertainty and one more report of President Donald Trump preparing to impose tariffs on China.The Nikkei Asia300 Index declined 0.5% to 1,473.18.Concerns over U

    March 16, 2018 08:43 pm JST
  • Asia Inc. comes roaring back in 2017

    BANGKOK -- Asia's big corporations posted record profits in 2017 following several lackluster years, with the technology sector in particular taking advantage of solid demand for devices like smartphones and consumer appliances.Samsung Electronics w

    March 16, 2018 03:20 pm JST
  • KT&G shareholders reappoint controversial CEO

    DAEJEON, South Korea -- Shareholders of KT&G approved the reappointment of CEO Baek Bok-in at a meeting Friday, showing trust in the controversial figure, despite his being mired in allegations of accounting irregularities.The South Korean tobacco m

    March 16, 2018 02:35 pm JST
  • Nikkei Asia300 Index little changed as concerns linger over US trade policies

    MUMBAI (NewsRise) -- Asian stocks outside of Japan ended little changed on Thursday as uncertainty surrounding U.S. trade polices weighed on the outlook for equities.The Nikkei Asia300 Index closed almost unchanged at 1,480.04.The losses came after

    March 15, 2018 08:49 pm JST
  • South Korea quietly weighs economic cooperation with North

    SEOUL -- South Korea is considering a resumption of economic projects with North Korea, but officials are choosing their words carefully since Pyongyang is still subject to international sanctions and the U.S. is still insisting on "maximum pressure

    March 15, 2018 06:14 pm JST
  • Samsung to start building new China memory chip line this month

    SEOUL (Reuters) -- Samsung Electronics Co Ltd plans to begin building a new memory chip production line in China in late March, a spokesman said on Thursday, as the tech giant ramps up efforts to boost NAND flash technology to meet future demand.The

    March 15, 2018 02:42 pm JST
  • Puja Kapai

    Time to confront workplace sexual harassment in Asia

    The #MeToo movement against sexual harassment that kicked off in the U.S. is starting to gain momentum in Asia. Actresses in Hong Kong, a prosecutor in South Korea, a journalist in Japan and even factory workers in China have spoken out about their

    March 15, 2018 02:00 pm JST
  • Comment

    Pacific trade rules on digital data may already be outdated

    TOKYO -- When 11 countries from around the Pacific signed a sweeping free trade pact in Chile on March 8, it included rules touted as being geared for the 21st century, including those on digital trade, which will no doubt be key to economic growth

    March 15, 2018 01:00 pm JST
  • Japan and South Korea hold 1st security talks in 3 years

    TOKYO (Kyodo) -- Japan and South Korea held security talks for the first time in three years in Tokyo on Thursday, exchanging views on North Korea and the rest of the security situation in Northeast Asia.The 11th round of the talks follows the South

    March 15, 2018 12:56 pm JST
  • South Korean ex-President Lee denies bribery at summons

    SEOUL (Kyodo) -- Former South Korean President Lee Myung Bak was allowed to return home Thursday after prosecutors summoned him the day before for questioning over alleged bribery while in office.A prosecutorial source said Lee, who led a conservati

    March 15, 2018 12:46 pm JST
  • Australia's immigration debate flares up over property prices

    MELBOURNE An Australian think tank's report on housing affordability has heated up debate on population size and quality of life in a country whose large migrant intake has resulted in the fastest-growing population in the developed world.In its rep

    March 15, 2018 10:00 am JST
  • What to expect from a Trump-Kim summit

    SEOUL Both U.S. President Donald Trump and North Korean leader Kim Jong Un are taking a major gamble with their planned summit by May that could end the standoff over Pyongyang's nuclear and missile development, or could exacerbate regional tensions

    March 15, 2018 10:00 am JST
  • Trump's steel and aluminum tariffs stir worries, and some hope

    SEOUL/MANILA China on March 9 condemned U.S. tariffs on imported aluminum and steel, while Japanese and South Korean officials expressed concerns and vowed to try to persuade the Trump administration to exempt the two countries.The reactions came af

    March 15, 2018 10:00 am JST
  • The 'TPP 11' is signed, and ready to welcome more members

    SANTIAGO, Chile The revised Trans-Pacific Partnership trade pact was signed on March 8 in Chile's capital. The deal is positioned to serve as a critical bastion against the U.S. administration's protectionist policies as the pact is set to take effe

    March 15, 2018 10:00 am JST
  • Rival chipmaker asks China to probe TSMC

    TAIPEI The world's second-largest contract chipmaker has asked Chinese regulators to probe market leader Taiwan Semiconductor Manufacturing Co. for allegedly violating antitrust laws, according to two industry sources familiar with the matter.Global

    March 15, 2018 10:00 am JST