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  • President Donald Trump speaks during an interview with Reuters in the Oval Office of the White House in Washington, U.S., April 27, 2017.

    President Donald Trump warned North Korea on its missile tests but demurred when asked if the US had anything to do with their failure.

  • WASHINGTON— The administration officials who gave President Donald Trump's tax plan a splashy debut in recent days seem to have caught the exaggeration bug from their boss. TREASURY SECRETARY STEVE MNUCHIN, on Trump having "no intention" of releasing his own tax returns ever: "The president has released plenty of information and I think has given more financial...

  • KORUS, as the deal is known, has been a boon for South Korea and its U.S. goods trade surplus has surged to $28 billion. Meanwhile, the U.S. economy is strengthening, supporting consumer demand for imported goods, including cars and electronics from South Korea. One sector for which the trade deal has not gone horribly is U.S. beef, where exports have risen steadily to...

  • U.S. stocks closed modestly lower Friday, ending just short of another milestone for Wall Street. So far, earnings have been mostly exceeding Wall Street's expectations. "The market is worried that the second quarter perhaps will see continued weakness, and that's part of the tug-of-war we're seeing in the market," said Quincy Krosby, market strategist at...

  • *MSCI AC World set for longest streak of monthly gains in decade. LONDON, April 28- Concern about global trade and U.S. In an interview with Reuters, Trump called the U.S. trade pact with South Korea "unacceptable" and said it would be targeted for renegotiation after his administration completed a revamp of the North American Free Trade Agreement with Canada and...

  • BEIJING, April 28- As the United Nations Security Council decides whether to tighten the sanctions screws on North Korea, the country's increasingly isolated government could lose a lifeline provided by state-owned China National Petroleum Corp. President Donald Trump's administration is focusing its North Korea strategy on tougher economic sanctions,...

  • *South Korea defense ministry: No change in THAAD agreement. President Donald Trump told Reuters on Thursday he will either renegotiate or terminate what he called a "horrible" free trade deal with South Korea and said Seoul should pay for a U.S. anti-missile system that he priced at $1 billion. In an interview with Reuters, Trump called the five-year-old trade...

  • LONDON, April 28- Concern about global trade and U.S. In an interview with Reuters, Trump called the five-year-old trade pact with South Korea "unacceptable" and said it would be targeted for renegotiation after his administration completes a revamp of the North American Free Trade Agreement with Canada and Mexico. Trump's comments stunned South Korean...

  • Shipping containers are offloaded from a cargo ship at Port Everglades on June 24, 2016 in Fort Lauderdale, Florida.

    Trump's maverick move to chuck the trade rulebook has been "a step back," said Steve Okun, vice chairman for AmCham's Asia Pacific Council.

  • NEW YORK/ SAN FRANCISCO, April 28- Growing tensions with North Korea should worry global electronics firms such as Apple Inc as they source key parts from South Korea, but investors are brushing off such concerns and snapping up shares in key exporters, heartened by robust earnings and big investment plans. South Korea, a U.S. ally and home to major electronics...

  • NEW YORK/ SAN FRANCISCO, April 28- Growing tensions with North Korea should worry global electronics firms such as Apple Inc as they source key parts from South Korea, but investors are brushing off such concerns and snapping up shares in key exporters, heartened by robust earnings and big investment plans. South Korea, a U.S. ally and home to major electronics...

  • President Donald Trump told Reuters on Thursday he will either renegotiate or terminate what he called a "horrible" free trade deal with South Korea and said Seoul should pay for a U.S. anti-missile system that he priced at $1 billion. In an interview with Reuters, Trump called the five-year-old trade pact with South Korea "unacceptable" and said it would be...

  • *Singapore semiconductor industry outpaces Asian rivals. SINGAPORE, April 28- Foreign precision engineering firms are investing more in Singapore, drawn by strong semiconductor demand and government incentives aimed at re-tooling an economy short of skilled labour. From a proactive standpoint, Singapore is about as good as it gets, "said Wayne Allan, vice...

  • SEOUL, South Korea— Kia Motors Co. plans to invest $1.1 billion in India to build its first plant in the world's fifth-largest auto market. Kia and its larger affiliate Hyundai Motor Group are the world's fifth-largest auto company. Hyundai makes 650,000 vehicles in India a year, but without its own production line, Kia could not enter the market due to steep...

  • SEOUL, April 27- South Korea raised its export outlook for the year after first quarter economic growth accelerated at a sharper pace, with policymakers saying there was no need for extra stimulus even as the economy faces a host of political and economic challenges. The firm start to the year on strong exports and capital investment is a relief for policymakers...

  • PYONGYANG, North Korea— An acute shortage of gasoline in the North Korean capital of Pyongyang that has sparked price hikes and hoarding is raising fears of potentially crippling pain at the pumps if things don't get better soon— and driving rumors that China is to blame. China supplies most of energy-poor North Korea's fuel, and in lieu of official explanations,...

  • SEOUL, South Korea— Samsung Electronics reported its best quarterly profit in more than three years Thursday and forecast improvement for the full year as its semiconductor division posted its highest income ever. "The semiconductor business will continue to see a boom for at least a year ahead and its earnings result is on a roll," said Park Ju- gun, chief...

  • *Q1 operating profit $8.8 bln, highest since Q3 2013. SEOUL, April 27- Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high. "The cancellation of the entire existing shares held by the company...

  • SEOUL, April 27- South Korea raised its export outlook this year after economic growth accelerated at a sharper pace on Thursday, with policymakers saying there was no need for extra stimulus even as the economy faces a host of political and economic challenges. The strong start to the year on strong exports and capital investment is a relief for policymakers...

  • SEOUL, South Korea— Samsung Electronics said Thursday its first-quarter profit surged to the highest level in more than three years as its semiconductor division posted the highest income in the company's history. The South Korean company's January-March earnings jumped 46 percent over a year earlier to 7.7 trillion won, compared with 5.3 trillion won a...