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  • Ride app Uber gets respite in German city of Hamburg Friday, 25 Jul 2014 | 10:31 AM ET

    DUESSELDORF, Germany, July 25- Uber, whose smartphone app summons rides at the touch of a button, won a new lease of life in the German city of Hamburg on Friday when a court suspended a ban imposed by local regulators.

  • Son of S.Korea sunken ferry owner detained Friday, 25 Jul 2014 | 6:47 AM ET

    SEOUL, South Korea— South Korean news agency says the eldest son of the sunken ferry owner has been detained by police after two months on the run. Yonhap News Agency said Friday that Yoo Dae- gyun was picked up from an office south of Seoul, just three days after his billionaire father was found dead.

  • Towering worry: Small holes cause big jitters Friday, 25 Jul 2014 | 4:27 AM ET

    SEOUL, South Korea— For the developers of the world's sixth tallest building near Seoul, a mysteriously shrinking lake and the appearance of small sinkholes in residential neighborhoods couldn't have come at a more inopportune time.

  • BEIJING, July 24- The mobile industry has long held that Samsung's broad range of mobile devices makes it nimble in changing markets, while Apple loses out by rigidly sticking to its high-end gadgets. Apple Inc's latest quarterly results showed sales of its high-end phones in China grew at nearly twice the pace analysts had expected.

  • SEOUL, July 24- South Korea offered billions of dollars in stimulus spending and property market-boosting steps on Thursday to shore up demand after reporting its weakest economic growth in more than a year.

  • *Tech stocks boosted by Apple, Facebook hit record high. The HSBC flash PMI for China came in at 52.0 for July, well above forecasts of a small rise to 51 in July and the highest reading in 18 months. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.2 percent, and Australia notched another six-year peak.

  • Hyundai Motor's 2Q profit dips due to strong won Thursday, 24 Jul 2014 | 1:47 AM ET

    Despite selling more cars, Hyundai said its bottom line was hit by the sharp rise of the South Korean won. Those two models have been popular in South Korea, helping Hyundai win back some ground after taking a hit last year from greater available of foreign cars.

  • LG Electronics says 2Q profit more than doubled Thursday, 24 Jul 2014 | 1:38 AM ET

    SEOUL, South Korea— LG Electronics Inc. reported a forecast-beating quarterly profit Thursday and gave an upbeat outlook for smartphone profitability as its mobile division ended a streak of losses. Like other South Korean exporters, LG Electronics said the strength of the country's currency, the won, eroded its oversea profits.

  • *Tech stocks boosted by Apple, Facebook hits record high. The news injected some life into what had been a very sluggish session, and helped China's CSI300 index of leading Shanghai and Shenzhen A-share jump 1.1 percent. Japan's Nikkei added 0.2 percent while MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.3 percent.

  • South Korea unveils stimulus after ferry sinking Wednesday, 23 Jul 2014 | 9:31 PM ET

    SEOUL, South Korea— South Korea's government unveiled stimulus plans Thursday after the shock of a deadly ferry sinking slowed economic growth to the lowest level in three quarters. In announcing the stimulus, the ministry lowered its forecast for South Korea's economic growth this year to 3.7 percent from 3.9 percent.

  • SEJONG, South Korea, July 24- South Korea unveiled stimulus measures on Thursday to prop up slowing economic growth, including plans to boost public spending by some $11 billion and ease mortgage borrowing rules.

  • *Tech stocks boosted by Apple, Facebook hits record high. SYDNEY, July 24- Asian stocks inched higher on Thursday, encouraged by upbeat corporate results and a record close on Wall Street, while unrest in the Middle East and Ukraine underpinned demand for high-rated bonds. MSCI's broadest index of Asia-Pacific shares outside Japan was up a slim 0.09 percent.

  • German city Hamburg seeks to ban Uber ride service Wednesday, 23 Jul 2014 | 12:59 PM ET

    HAMBURG/ FRANKFURT, July 23- Hamburg has told Uber, a U.S. car service whose smartphone app summons rides at the touch of a button, to stop operating in the German city, adding to resistance the company has faced globally from local regulators and taxi drivers.

  • Ultra high definition TVs boost LG Display profit Wednesday, 23 Jul 2014 | 3:00 AM ET

    SEOUL, South Korea— LG Display Co. said profit for the April-June quarter more than doubled as a stronger won reduced the value of its foreign debt and the World Cup boosted demand for ultra-high-definition TVs. The South Korean display panel maker said Wednesday its net income reached 256 billion won, compared with 105 billion won a year earlier.

  • Global stocks bolstered by US earnings, home sales Wednesday, 23 Jul 2014 | 12:45 AM ET

    Hong Kong's Hang Seng was up 0.8 percent to 23,962.98 and Australia's S&P/ASX 200 rose 0.6 percent to 5,575.10 helped by the brisk output report by mining giant BHP Billiton.

  • Flight bans show skittishness over trouble spots Tuesday, 22 Jul 2014 | 11:07 AM ET

    When U.S. and European airlines quickly canceled flights to Israel Tuesday, they showed both a skittishness and a new sense of urgency in dealing with global trouble spots following last week's downing of a passenger plane over Ukraine.

  • This fragmentation is mirrored in the first-half import picture from China, the world's largest user of industrial metals and raw materials. A couple of years ago it was customary to view China's metals trade as a proxy for the health, or otherwise, of the country's manufacturing economy.

  • Seoul, South Korea seeks to ban Uber Monday, 21 Jul 2014 | 12:55 PM ET
    A sign on a taxi in Seoul, South Korea.

    The government of Seoul, South Korea said Monday it would seek to ban ride-sharing app Uber, according to a report in The Wall Street Journal.

  • Asia shares rise as Ukraine plane tensions ease Monday, 21 Jul 2014 | 12:04 AM ET

    BEIJING— World stock markets remained on the back foot Monday as tensions grew between Russia and the West over the downing of an airliner in eastern Ukraine.

  • *Qantas, British Airways among airlines to avoid Ukraine. SYDNEY, July 18- Qantas Airways and several other airlines altered their flight paths some time ago to avoid Ukrainian air space after fighting flared up in the region, raising questions about why others did not do the same.