RICHMOND, Virginia (Reuters) – Two of America’s closest Asian allies played out their historic rivalry in the U.S. state of Virginia on Thursday, with South Korea celebrating victory after state lawmakers approved legislation requiring that the Korean name for... More »
TOKYO (Reuters) – Japan said on Tuesday it was revising teaching manuals to make clear that two sets of remote islands at the center of disputes with China and South Korea are integral parts of its territory, prompting protests from an angry Seoul and Beijing.... More »
TOKYO (Reuters) – The first weeks of 2014 showed North Asia’s manufacturing and export giants enjoying mixed fortunes, with South Korea and Japan starting the year positively, while China, the biggest of the trio, was still struggling to regain momentum. Asia’... More »
SEOUL (Reuters) – South Korea’s Hyundai Motor (005380.KS ) posted its first year-on-year fall in quarterly revenue in nearly three years, as the stronger local currency weighed and imported rivals gained ground in the Korean home market. Hyundai posted a reven... More »
HONG KONG/BRUSSELS (Reuters) – Anheuser-Busch InBev SA, the world’s biggest brewer, agreed to buy back South Korea’s Oriental Brewery Co Ltd (OB) for $5.8 billion including debt, returning to a large Asian market at a time of strong industry growth across the ... More »
SEOUL (Reuters) – North Korea demanded that South Korea and the United States halt annual military drills due in February and March, saying they were a direct provocation, a statement that suggested a re-run of a sharp escalation in tension last year. But in a... More »
SEOUL (Reuters) – North Korean leader Kim Jong Un’s uncle, considered the power behind the throne, is believed to have been dismissed from his posts, a South Korean lawmaker said on Tuesday, suggesting a huge upheaval in one of the world’s most secretive state... More »
SEOUL (Reuters) – Hyundai Motor Co (005380.KS ) could be one of the biggest losers from surging sales of Japanese cars in China as the South Korean automaker’s problems spread from the United States to the world’s largest auto market. Hyundai’s total overseas ... More »
TOKYO/SEOUL (Reuters) – Japanese and South Korean military aircraft flew through disputed air space over the East China Sea without informing China, officials said on Thursday, challenging a new Chinese air defense zone that has increased regional tensions and... More »
WASHINGTON (Reuters) – The United States Defense Department has approved a deal under which the U.S. unit of Britain’s BAE Systems Plc would upgrade 134 older F-16 fighter jets for South Korea, the Defense Security Cooperation Agency (DSCA) notified Congress o... More »
WASHINGTON (Reuters) – U.S. Vice President Joe Biden will travel to China, Japan and South Korea in the first week of December, a trip designed to emphasize the U.S. commitment to a policy pivot toward Asia. With events in the Middle East and domestic policy b... More »
SEOUL (Reuters) – South Korea showed off on Tuesday new missiles designed to target North Korea’s artillery and long-range missiles and vowed to boost deterrence against its unpredictable neighbor. The ballistic Hyeonmu-2, with a range of 300 km (190 miles), a... More »
SEOUL (Reuters) – Jang Chang-yoon was drunk and weepy one rainy night, troubled by debts from his divorce. On a dark impulse, the South Korean waiter bought a bottle of pesticide to end it all with a few toxic swigs. At the last minute, he changed his mind whe... More »
SEOUL (Reuters) – South Korea’s supreme court has overturned a three-year prison sentence against Hanwha Group Chairman Kim Seung-youn for breach of trust and other charges, sending the case back to a lower court. Shares in Hanwha Corp (000880.KS ) rose 1.5 pe... More »
SEOUL (Reuters) – South Korea voted against Boeing’s (BA.N ) F-15 Silent Eagle in its 8.3 trillion won ($7.7 billion) tender for 60 fighter jets, the country’s arms procurement agency said on Tuesday, saying it would restart the bidding process. The decision o... More »
SEOUL/MILAN (Reuters) – South Korea’s E-Land Group has denied a press report it was interested in buying into Italian fashion house Versace, which is planning to sell a stake to fund growth. The privately owned retailing group was named by Italian weekly Il Mo... More »
DAEJEON, South Korea (Reuters) – With a click on a smartphone, the experimental “Armadillo-T” electric car made in South Korea will park itself and fold nearly in half, freeing up space in crowded cities. The quirky two-seater, named after the animal whose she... More »
MILAN (Reuters) – Scarlett Johansson as a predatory alien in Scotland got a lukewarm reception and a film about mutilation and masochism that is banned in the director’s native South Korea roused disbelieving laughter at the Venice film festival on Tuesday. Bo... More »
SEOUL (Reuters) – South Korea said on Friday that at least one bid came in under budget for its 8.3 trillion Korean won ($7.42 billion) purchase of 60 next generation fighter jets, the country’s biggest-ever defense import program to replace its ageing fleet. ... More »
SEOUL (Reuters) – General Motors Co. (GM.N ) has begun gradually cutting its presence in South Korea after mounting labor costs and militant unionism triggered a rethink of its reliance on the country for a fifth of its global production, three individuals fam... More »
WASHINGTON (Reuters) – A U.S. trade panel on Friday ruled that South Korea’s Samsung Electronics Co Ltd infringes on portions of two Apple Inc patents on digital mobile devices, a decision likely to inflame passions in the long-running dispute. The U.S. Intern... More »
BEIJING (Reuters) – China’s Commerce Ministry issued preliminary anti-dumping duties on imports of U.S. and South Korean solar-grade polysilicon on Thursday, but made no decision on tariffs on European Union exports of the raw material used to make solar panel... More »
SEOUL/HONG KONG (Reuters) – South Korea has rejected preliminary casino licenses for two international bidders – a Caesars Entertainment Corp and Lippo Limited consortium, and Kazuo Okada’s Universal Entertainment Corp – in a surprise move that could stall the... More »
The preliminary analysis of major changes in world nuclear statistics during the year 2012 shows that three new units were connected to the grid, two in South Korea in January (Shin-Kori-2, Shin-Wolsong-1) and one in China in December (Ningde-1), while four un... More »
