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  • Seoul, August 24, 2016: People watch a TV news program about the Democratic People's Republic of Korea (DPRK) ballistic missile launch. DPRK on Wednesday test-fired a ballistic missile from a submarine off its east coast into the sea at a time of heightened tensions on the Korean Peninsula following the start of annual South Korea-U.S. war games, Seoul's military said.

    What can be done to stop North Korea's hostile missile technology? The answer is, very little, unless the world's superpowers cooperate.

  • SEOUL, Aug 24- South Korea said on Wednesday it will extend a review of a request by Google Inc in June for permission to take government mapping data out of the country for use in servers worldwide, with a decision due by Nov. 23. Seoul had previously said it would decide on the request by Wednesday. Google, whose corporate parent is Alphabet Inc, has said it needs to put...

  • In Japan, shares rose on speculation the Bank of Japan may make a surprise move to help shore up growth. KEEPING SCORE: Britain's FTSE 100 edged 0.1 percent lower to 6,864.60 and Germany's DAX also fell 0.1 percent, to 10,583.67. TENSIONS IN KOREA: Rattling nerves in northeast Asia, North Korea fired a ballistic missile from a submarine early Wednesday.

  • Markets were steady following the submarine launch of a ballistic missile by North Korea. KEEPING SCORE: Japan's Nikkei 225 rose 0.6 percent to 16,590.00 on rising hopes for more stimulus from the Bank of Japan and government stimulus, while Australia's S&P/ASX 200 added 0.2 percent to 5,564.40. But South Korea's Kospi fell 0.2 percent to 2,045.77 and Hong...

  • *Plan could be launched as early as next year. SEOUL/ SINGAPORE, Aug 22- Samsung Electronics Co Ltd plans to launch a program to sell refurbished used versions of its premium smartphones as early as next year, a person with direct knowledge of the matter told Reuters. The world's top smartphone maker will refurbish high-end phones returned to the company by users...

  • *Plan could be launched as early as next year. SEOUL/ SINGAPORE, Aug 22- Samsung Electronics Co Ltd plans to launch a programme to sell refurbished used versions of its premium smartphones as early as next year, a person with direct knowledge of the matter told Reuters. The world's top smartphone maker will refurbish high-end phones returned to the company by users...

  • London's FTSE 100 was up 1.3 points at 6,860.31. Sydney's S&P-ASX 200 gained 0.4 percent to 5,497.40 and benchmarks in Thailand, New Zealand and the Philippines also rose. India's Sensex lost 0.1 percent to 28,036.76 and Taiwan also declined.

  • *VertuoLine goes to France, Dolce Gusto gets global advert. LONDON/ ZURICH/ CAPETOWN, Aug 17- Nestle is giving its instant coffee brand Nescafe and its Nespresso single-serve coffee a shot in the arm as fast-growing rivals with lean cost structures chip away at its global dominance. While its two megabrands still control nearly 23 percent of the $77 billion retail...

  • *OPEC, other producers to meet next month. SINGAPORE, Aug 17- Oil prices fell away from 5- week highs on Wednesday as analysts doubted possible producer talks to rein in ballooning oversupply would be successful. Brent crude futures were trading at $48.86 per barrel at 0702 GMT, down 37 cents from their last settlement.

  • BEIJING— Global stocks were mixed Wednesday after Wall Street declined and China said it will give foreign investors more access to Chinese equities through Hong Kong. London's FTSE 100 declined 0.2 percent to 6,878.66. HONG KONG STOCK LINK: China's Cabinet approved an initiative that would give foreign investors more access to Chinese stocks by linking...

  • *Q2 crude oil imports up 4.5 pct y/y, boosted by Iran cargoes. SEOUL, Aug 17- South Korea's crude oil imports rose 4.5 percent in the second quarter of 2016 from a year ago due to growing shipments from Iran after sanctions were lifted, while local oil consumption also increased on the back of low prices. The world's fifth-largest crude importer has continued to buy...

  • WEDNESDAY, AUGUST 17 JOHANNESBURG- J.P Morgan conference call with SARB Deputy Governor Kuben Naidoo, who will share his views on South Africa's financial outlook with regard to recovery, interest rates and reforms- 1030 GMT. BEIJING- China's Commerce Ministry holds its regular briefing- 0200 GMT. SINGAPORE- International Monetary Fund and the Sim Kee Book...

  • SEOUL, South Korea— Consumers think smartphone makers are releasing too many new models each year, a survey showed Tuesday. The survey conducted in six countries, commissioned by the environmental group Greenpeace, showed that more than half of those who responded would prefer to change their phones less frequently. "Over half of respondents across the...

  • "Novartis does not tolerate misconduct and we are already implementing a remediation plan in Korea based on the findings from our own investigation," the Basel- based company said. Paul Barrett, an official from Novartis International, said Saturday that the company could provide no other details on the case before the trial proceedings. According to the...

  • SEOUL, South Korea— In a story Aug. 10 about sick Samsung workers, The Associated Press reported erroneously that a compensation plan the company offered covers some of the workers' medical expenses. SEOUL, South Korea— As a high school senior, Hwang Yu- mi went to work bathing silicon wafers in chemicals at a Samsung factory that makes computer chips for laptops and...

  • SEOUL, South Korea— South Korea plans to review if there was any negligence in the government's handling of sick workers' inquiries about workplace toxins, after an Associated Press investigation found the government repeatedly withheld such information following requests from Samsung. Ko Dong- woo, a director at the Labor Ministry, said Friday that the...

  • SEOUL, Aug 12- South Korea's antitrust regulator said on Friday it is looking into whether Google has violated the country's anticompetition laws, acknowledging formal scrutiny of the global internet search company for the first time. The Korea Fair Trade Commission disclosed the investigation in a brief statement, without commenting on the nature of the...

  • *Six current or former employees indicted. ZURICH, Aug 11- Novartis employees in South Korea gave kickbacks to doctors including paying for their travel abroad, the Swiss drugmaker said on Thursday as it faces scrutiny over illegal practices to boost sales. The Basel- based company confirmed media reports that six current or former employees had been indicted...

  • THURSDAY, AUGUST 11 MANILA- Philippines central bank holds monetary policy meeting- 0800 GMT. SEOUL- Bank of Korea holds its monetary policy meeting and will give its decision on interest rates- 0100 GMT. BELGRADE- National Bank of Serbia interest rate decision- 1000 GMT.

  • Aug 10- Michael Kors Holdings Ltd reported a bigger-than-expected drop in quarterly comparable sales as fewer shoppers visited malls and a strong dollar discouraged tourists from spending on its handbags and accessories. From next year, Kors will stop participating in store-coupon promotions by North American retailers, Chief Executive John Idol said.