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  • US-South Korea military drills about to begin

    SEOUL -- U.S. and South Korean forces on Monday will start annual joint military exercises that assume potential armed conflict on the Korean Peninsula. The largely computer simulated Ulchi Freedom Guardian drills will last until Aug. 31.The U.S. ha

    August 20, 2017 01:12 am JST
  • South Korea, US gear up for war games to counter North Korea threat

    SEOUL (Reuters) -- In air conditioned bunkers and at military bases across South Korea, it is with keyboards - not tanks - that South Korean and the U.S. forces will launch military exercises on Monday, denounced by North Korea as a rehearsal for wa

    August 19, 2017 07:35 pm JST
  • Moon's bold reforms weigh heavily on Korea Inc.

    SEOUL -- South Korean President Moon Jae-in is moving quickly to deliver on his promise of sweeping economic reforms, roiling the energy and other sectors amid concerns over cost increases and a big hit to earnings.Groups including the labor union o

    August 19, 2017 06:36 am JST
  • Asian plastic prices climb on weak Chinese supply

    TOKYO -- Three of the most widely used plastic materials are becoming more expensive in Asia amid higher crude oil prices and stricter environmental regulations on factories in China.Formosa Plastics' polyvinyl chloride resin for September shipment

    August 19, 2017 04:50 am JST
  • Moon off to rocky start with pacifist approach to North

    SEOUL -- South Korean President Moon Jae-in's commitment to resolving the North Korea situation through dialogue has been sorely tested as Pyongyang carries on with provocations and the U.S. demands a more forceful approach.Moon has taken a tougher

    August 18, 2017 03:33 pm JST
  • North Korea tells UN chief nuclear program not up for negotiation

    UNITED NATIONS (Reuters) -- North Korea's nuclear weapons program will never be up for negotiation as long as the U.S. government's "hostile policy and nuclear threat continue," Pyongyang's deputy U.N. ambassador told United Nations Secretary-Genera

    August 18, 2017 06:23 am JST
  • Moon backs South Korean forced laborers' fight for compensation

    SEOUL -- South Koreans forced to work for Japanese businesses before and during World War II have the right to seek compensation despite a postwar settlement, President Moon Jae-in said Thursday, in a dramatic reversal of the government's previous p

    August 18, 2017 06:23 am JST
  • Hyundai unveils fuel cell SUV with 580km range

    SEOUL -- Hyundai Motor unveiled its new fuel cell automobile Thursday, a sport utility vehicle with a range 39% farther than that of its predecessor.The South Korean automaker's second-generation fuel cell vehicle features new core components includ

    August 18, 2017 05:05 am JST
  • Japan plays key support role in hot OLED display market

    TOKYO -- As South Korea and China dominate the production of next-generation OLED display panels, Japan is carving out its own niche as a support player in the booming market.Organic light-emitting diode display panels are rapidly becoming ubiquitou

    August 17, 2017 11:47 pm JST
  • China military criticises "wrong" US moves on Taiwan, South China Sea

    BEIJING (Reuters) -- The "wrong" actions of the United States on Taiwan, its South China Sea patrols and deployment of an advanced anti-missile system in South Korea have had a large, negative influence on military trust, a senior Chinese officer sa

    August 17, 2017 03:07 pm JST
  • North Korean nuclear ICBM would cross 'red line,' says Moon

    SEOUL (Reuters) -- North Korea would be "crossing a red line" if it put a nuclear warhead on an intercontinental ballistic missile, South Korea's president said on Thursday, but the United States had promised to seek Seoul's approval before taking a

    August 17, 2017 01:16 pm JST
  • South Korean companies haul record first-half sales, profit

    SEOUL -- South Korea's listed companies collectively generated record group sales and operating profits in the January-June period, led by the strong performance of semiconductor- and display-related businesses.A report released Wednesday by the Kor

    August 17, 2017 03:23 am JST
  • Tea Leaves

    Chasing North Korean diplomats in Manila

    I was given an intriguing assignment in early August -- to follow North Korean Foreign Minister Ri Yong Ho around Manila and report on what he said while attending the Association of Southeast Asian Nations regional forum there.It was not easy. Wait

    August 16, 2017 08:00 pm JST
  • Lotte founder retires from final board perch

    SEOUL -- The 94-year-old founder of the Lotte group has stepped down from the board of the sole member company in which he still held an oversight role as a director.Shin Kyuk-ho, known in Japan as Takeo Shigemitsu, was not permitted to continue ser

    August 16, 2017 12:59 am JST
  • Moon seeks Japan leaders' courage to resolve wartime victims' issues

    SEOUL (Kyodo) -- South Korea's President Moon Jae In urged Japan's leaders on Tuesday to be bold and take steps to resolve the issues of wartime forced labor by Koreans and Korean women forced into wartime brothels for the Japanese military."It is n

    August 15, 2017 03:00 pm JST
  • Abe, Trump focus on thwarting Pyongyang's missile plans

    TOKYO -- Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump on Tuesday agreed to work closely to prevent North Korea from firing off additional missiles, days after Pyongyang threatened to hit the waters off Guam.Speaking to reporter

    August 15, 2017 01:49 pm JST
  • North Korea's Kim holds off on Guam plan; U.S says it can intercept missile

    SEOUL/WASHINGTON (Reuters) -- North Korea's leader has delayed a decision on firing missiles towards the U.S. territory of Guam while he watches the actions of the United States a little longer, the North's state media said on Tuesday, as Washington

    August 15, 2017 10:24 am JST
  • Military option on North is last resort, US tells Seoul

    SEOUL/WASHINGTON -- The U.S. is considering using force against North Korea only if no other options remain, America's military chief told South Korean President Moon Jae-in on Monday, stressing that peaceful solutions remain the top priority.Gen. J

    August 15, 2017 01:51 am JST
  • Amid renewed N.Korea tensions, China appoints new special envoy

    BEIJING (Reuters) -- China has appointed a new special envoy for the North Korean standoff, the foreign ministry said on Monday, a relatively low-profile diplomat now in charge of Asian affairs, amid renewed international concern over China's nuclea

    August 14, 2017 09:44 pm JST
  • Nikkei Asia300 Index recovers from weekly loss as US inflation damps Fed rate hike bets

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rebounded from a weekly loss, tracking gains on Wall Street after slower-than-expected U.S. inflation data eased expectations of another rate increase this year.The Nikkei Asia300 Index add

    August 14, 2017 09:24 pm JST