North Korea fired two ballistic missiles off its east coast on Sunday, flouting a United Nations ban on the country testing such missiles.» Read More
SEOUL, July 16- South Korea has delayed a move to allow certain levels of the animal feed additive zilpaterol in beef to August from mid-July as it finalizes the policy, a food ministry official said on Wednesday.
CHANGPYONG RI, North Korea— Rim Ok Hua looks out over her patch of farm just across the Tumen River from China with a mixture of satisfaction and concern.
TOKYO— Asian stock markets were lukewarm Wednesday after China met expectations of solid but unspectacular growth in the second quarter. Hong Kong's Hang Seng added 0.2 percent to 23,515.47 while Seoul's Kospi shed 0.1 percent to 2,011.75. China's Shanghai Composite rose 0.1 percent to 2,071.97 and Australia's S&P/ASX 200 dropped 0.1 percent to 5,505.50.
WASHINGTON, July 14- President Barack Obama told Chinese President Xi Jinping on Monday he wants U.S.-Chinese relations defined by more cooperation and a constructive management of differences, during a phone call in which Iran and North Korea were discussed.
BEIJING— Global stocks rebounded Monday from jitters about a struggling Portuguese bank as investors looked ahead to a busy week of data releases in the U.S., China and Europe. In Europe, Germany's DAX added 0.8 percent to 9,742.95 and France's CAC-40 rose 0.6 percent to 4,341.37.
LONDON, July 14- Stock markets in Europe and Asia rose on Monday as investors put aside concern about euro zone banks and looked forward to corporate earnings and a raft of global economic events, including testimony from the head of the U.S.
*U.S. activist group says China supplier uses child labour. SEOUL, July 14- Samsung Electronics Co Ltd said it halted business with a supplier in China over suspected use of child workers, the first time it has taken such a step, after criticism that its monitoring of labour practices at suppliers was inadequate.
SEOUL, South Korea— Samsung Electronics Co. said it has suspended business ties with a Chinese supplier that allegedly hired children. The South Korean company, which is the world's biggest smartphone maker, said in its blog Monday that it had found possible evidence of child labor and illegal hiring at Dongguan Shinyang Electronics Co..
BEIJING— Asian stocks rebounded Monday from jitters about a struggling Portuguese bank as investors looked ahead to a busy week of data releases in the U.S., China and Europe.
*Stocks inch ahead in Asia as EU banking worries fade. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent, with Seoul putting on 0.4 percent.
SEOUL, South Korea— LG Display Co. has developed an 18- inch flexible display that can be rolled into the shape of a thin cylinder, a step toward making a large display for flexible TVs. It means LG Display could produce TVs that are larger than 50 inches diagonally and can be rolled up.
SEOUL, South Korea— Samsung is facing a fresh accusation that one of its China suppliers hired children to meet production targets during a period of high demand from the South Korean electronics giant.
BEIJING— China and the United States on Thursday promised closer cooperation on climate change and North Korea, although China warned the U.S. not to take sides on its maritime disputes with Asian neighbors. Secretary of State John Kerry said the two sides discussed ways to persuade North Korea to give up nuclear weapons.
SEOUL, South Korea— Global markets were mixed Thursday with a slight pickup in China's exports failing to give a lift to European stocks after most Asian indexes closed up. Britain's FTSE 100 was down 0.4 percent to 6,693.71.
*Bank of Korea cuts GDP, CPI forecasts; recovery seen on track. As expected, the Bank of Korea left its policy interest rate unchanged at 2.50 percent for the 14th straight month and trimmed its economic forecasts to reflect recent softness, but its governor maintained the view that Asia's fourth-largest economy was still on a recovery track.
SEOUL, South Korea— South Korea's central bank said economic growth will be slower than expected this year because consumer spending has waned following a deadly ferry sinking. Lee Ju- yeol, governor at the Bank of Korea, said Thursday that South Korea's economy will expand 3.8 percent this year instead of 4.0 percent predicted in April.
SEOUL, July 10- A South Korean nuclear reactor has restarted after a month-long closure due to a control rod problem, a spokesman at state-run atomic operator Korea Hydro and Nuclear Power Co Ltd said on Thursday.
BEIJING/ HONG KONG, July 9- China's quest to turn its yuan into a full-fledged global currency has hit a road-block as the planned roll-out of a worldwide payments superhighway looks certain to get delayed because of policy snags and technology challenges.
Below are key facts and a timeline concerning development of China's yuan payments system. NOVEMBER 2005- China's central bank announces the expansion of the yuan banking business in Hong Kong.
BEIJING, July 8- The United States will press China to resume cooperation on fighting cyber espionage to ensure an orderly cyber environment, a senior U.S. official said on Tuesday ahead of annual talks between the world's two largest economies this week.