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Asia Top News and Analysis Korea

  • LONDON, March 21- Singapore remains the world's most expensive city to live in, a study showed on Tuesday, with two Japanese cities-- Tokyo and Osaka-- returning to the top 10 thanks to the strengthening of the yen. Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria. Europe was represented in the top 10 by four cities-- Zurich at three,...

  • LONDON, March 21- Singapore remains the world's most expensive city to live in, a study showed on Tuesday, with two Japanese cities-- Tokyo and Osaka-- returning to the top 10 thanks to the strengthening of the yen. Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria. Europe was represented in the top 10 by four cities-- Zurich at three,...

  • LONDON, March 21- Singapore topped the Economist Intelligence Unit's twice-yearly list of the world's most expensive cities. Here is the ranking for the most expensive and cheapest cities:. (Reporting by Jeremy Gaunt, editing by Pritha Sarkar).

  • *Investigation comes amid rising tension with North Korea. SEOUL, March 21- Ousted South Korean president Park Geun-hye apologised to the country on Tuesday as she arrived at prosecutors' offices for questioning as a criminal suspect in a corruption scandal that has gripped the country for months. Park, 65, became South Korea's first democratically elected...

  • *Investigation comes amid rising tension with North Korea. SEOUL, March 21- Ousted South Korean president Park Geun-hye apologized to the country on Tuesday as she arrived at prosecutors' offices for questioning as a criminal suspect in a corruption scandal that has gripped the country for months. Park, 65, became South Korea's first democratically elected...

  • *Oil prices tick up on hopes of extended OPEC- led output curb. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent in its eighth consecutive day of gains with tech-heavy Seoul and Taipei shares hitting two-year highs while Hong Kong's Hang Seng scaled 1-1/ 2- year highs. European shares are expected to open slightly higher, with...

  • *Asia shares hit 15- month high. *Oil prices tick up on hopes of extended OPEC- led output curb. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent to 21- month highs, with tech-heavy Seoul and Taipei shares hitting two-year highs while Hong Kong's Hang Seng scaled 1 1/ 2- year highs.

  • *Asia shares hit 15- month high. *Oil prices tick up on hopes of extended OPEC- led output curb. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent to 15- month highs, with tech-heavy Seoul and Taipei shares hitting two-year highs while Hong Kong's Hang Seng scaled 1 1/ 2- year highs.

  • SAO PAULO/ BEIJING, March 20- China and the European Union curtailed meat imports from Brazil on Monday after police, in an anti-corruption probe criticized by the government as alarmist, accused inspectors in the world's biggest exporter of beef and poultry of taking bribes to allow sales of rotten and salmonella-tainted meats. As the scandal deepened,...

  • SAO PAULO/ BEIJING, March 20- Fallout from a meatpacking industry scandal in Brazil, the world's biggest exporter of beef and poultry, widened on Monday as China, the EU, South Korea and Chile curtailed meat imports from the country after inspectors were accused of taking bribes to allow sales of tainted food. Brazil's President Michel Temer has sought to downplay...

  • SAO PAULO/ BEIJING, March 20- Fallout from a corruption scandal in Brazil's massive meat industry spread on Monday, with China and South Korea suspending some imports and the European Union mulling action, hitting shares of the world biggest poultry producer BRF SA. China, which accounted for nearly one-third of the Brazilian industry's $13.9 billion in...

  • SAO PAULO/ BEIJING, March 20- Fallout over a Brazilian meat corruption scandal spread on Monday, with China and South Korea suspending some imports, the European Union mulling action and shares of meatpacking companies BRF SA and JBS SA dropping. China, Brazil's top trade partner, decided to suspend the import of meat products from Brazil as a "precautionary...

  • SEOUL, March 20- North Korea has likely mastered the technology to power the different stages of an intercontinental ballistic missile and may show it off soon, analysts say, but is likely still a long way from being able to hit the mainland United States. North Korean state media announced its latest rocket-engine test on Sunday, saying it would help North Korea...

  • *China is South Korea's largest trading partner. South Korea and the United States say the sole purpose of the Terminal High Altitude Area Defense system is to guard against missile launches from North Korea, but China says that its powerful radar could penetrate into its territory. It would be up to South Korea to follow up on its complaint to the WTO for any...

  • SEOUL, South Korea— Six people died when the roof of a mine in North Korea collapsed in January, the North's state media reported Monday, in a rare admission of a deadly accident in the secretive country. Seven miners were initially trapped after the collapse Jan. 9 at the Unryul mine, a leading iron ore producer in the country's southwest, North Korea's main...

  • KEEPING SCORE: Hong Kong's Hang Seng index advanced 0.5 percent to 24,429.89 points and the Shanghai Composite Index rose 0.2 percent to 3,242.97. Seoul's Kospi shed 0.5 percent to 2,153.21 and Sydney's S&P-ASX 200 retreated 0.4 percent to 5,776.60. Benchmarks in Taiwan and Jakarta advanced while New Zealand and Singapore declined.

  • *SK Group the latest corporate leader to be questioned. SEOUL, March 18- South Korean prosecutors questioned the chairman of the SK Group on Saturday in connection with an influence-peddling scandal that brought down President Park Geun-hye, the latest corporate leader to come under suspicion. Park, South Korea's first democratically elected leader to be...

  • MOSCOW- Central Bank of Russia Deputy Governor Vasily Pozdyshev will hold a presentation of new banking legislation- 0800 GMT. CANBERRA- Reserve Bank of Australia Assistant Governor Luci Ellis to speak at the ACT Launch of the Women in Economics Network. WARSAW- National Bank of Poland monetary policy council meeting.

  • *Saudi Arabia says OPEC cuts could be extended. LONDON/ NEW YORK, March 17- Oil prices were largely steady on Friday, finishing the week with modest gains, but speculators sharply cut long positions during last week's rout, on concerns that an OPEC production cut was failing to reduce a global supply overhang. Brent crude settled up 2 cents to $51.76 a barrel while U.S....

  • Secretary of State Rex Tillerson on Friday issued the Trump administration's starkest warning yet to North Korea, saying that a military response would be "on the table" if Pyongyang took action to threaten South Korean and U.S. forces. He said any North Korean actions that threatened U.S. or South Korean forces would be met with "an appropriate response," turning...