Asia Top News and Analysis South Korea

  • SEOUL, South Korea— Samsung Electronics says flaws in the design and production of batteries used in its Galaxy Note 7 smartphone, not its hardware or software, made it prone to catch fire. Samsung said Monday that it was responsible for not ensuring the design specifications given to its suppliers were failsafe but believed its investigation into the problem...

  • SEOUL, Jan 23- Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation into the cause of fires in its premium Note 7 devices. Samsung mobile chief Koh Dong- jin said procedures had been put in place to avoid a repeat of the fires as the South...

  • KEEPING SCORE: In early trading, France's CAC-40 shed 0.8 percent to 4,812.41 while Germany's DAX lost 0.7 percent to 11,542.93 and London's FTSE 100 retreated 0.7 percent to 7,144.52. On Friday, the DAX rose 0.3 percent and the CAC-40 added 0.2 percent while the FTSE 100 fell 0.1 percent. ASIA'S DAY: The Shanghai Composite Index rose 0.4 percent to 3,136.77 and...

  • BEIJING— Japanese stocks tumbled while Chinese markets gained Monday after Donald Trump took office as U.S. president and promised "American first" policies, adding to concerns about the threat of protectionism. Seoul's Kospi added 0.1 percent to 2,067.59 and Taiwan and Singapore also gained. TRUMP ON TRADE: Trump has rattled businesspeople in Japan, China and...

  • Koh Dong-jin, president of mobile communications at Samsung Electronics, speaks as various types of batteries used in the company's Galaxy Note 7 smartphones are displayed on a screen during a news conference in Seoul, South Korea, on Monday, Jan. 23, 2017.

    Samsung's Galaxy Note 7 handsets caught fire due to separate battery problems.

  • SEOUL, Jan 23- Samsung Electronics Co Ltd on Monday said faulty batteries caused its flagship Galaxy Note 7 phones to catch fire and announced steps to avoid repeat incidents, as it tries to restore trust and regain momentum in the smartphone business. The announcement came more than three months after Samsung scrapped the short-lived competitor of Apple...

  • SEOUL, South Korea— Samsung Electronics said Monday that tests of more than 200,000 Galaxy Note 7 smartphones found defects in two sets of batteries from two different manufacturers that made the devices prone to catch fire. Samsung's mobile division president, Koh Dong- jin, ruled out any problems with other aspects of the Note 7, either in its hardware or its...

  • SEOUL, South Korea— Samsung says battery design and manufacturing process caused Galaxy Note 7 smartphone fires.

  • *Case follows impeachment last month of President Park. SEOUL, Jan 21- South Korean prosecutors arrested the culture minister on Saturday, on suspicion of abuse of power for drawing up a blacklist of artists, writers and entertainers critical of the country's impeached president, Park Geun-hye. Cho, 50, had offered to quit, Yonhap news agency reported, adding that...

  • *Case follows impeachment last month of President Park. SEOUL, Jan 21- South Korean prosecutors arrested the culture minister on Saturday, on suspicion of abuse of power for drawing up a blacklist of artists, writers and entertainers critical of the country's impeached president, Park Geun-hye. Cho, 50, had offered to quit, Yonhap news agency reported, adding that...

  • SEOUL, Jan 21- South Korean prosecutors arrested the culture minister on Saturday for suspected involvement in drawing up a blacklist of artists, writers and entertainers critical of President Park Geun-hye amid a graft scandal that led to her impeachment. South Korea has been gripped by crisis for months, and Park could become the first democratically...

  • SEOUL, Jan 21- South Korean prosecutors arrested the culture minister on Saturday for suspected involvement in drawing up a blacklist of artists, writers and entertainers critical of President Park Geun-hye amid a graft scandal that led to her impeachment. Seoul Central District Court said on Saturday in a text message to reporters that minister Cho was...

  • SEOUL, Jan 21- South Korean prosecutors arrested the culture minister on Saturday for suspected involvement in drawing up a blacklist of artists, writers and entertainers critical of President Park Geun-hye amid a graft scandal that led to her impeachment. Seoul District Court said on Saturday in a text message to reporters that minister Cho was arrested...

  • Secretary-General Ban Ki- moon on charges that he engaged in a bribery scheme to carry out the sale of a Vietnamese building complex, a U.S. prosecutor said on Friday. Attorney Daniel Noble said that a request had been made for the arrest of Ban Ki- sang, who was an executive at South Korean construction firm Keangnam Enterprises Co Ltd.. Ban Ki- sang could not be...

  • Secretary-General Ban Ki- moon on charges that he engaged in a bribery scheme to carry out the sale of a Vietnamese building complex, a U.S. prosecutor said on Friday. Attorney Daniel Noble said that a request had been made for the arrest of Ban Ki- sang, who was an executive at South Korean construction firm Keangnam Enterprises Co Ltd.. Ban Ki- sang could not be...

  • Computers are a key contributor to the U.S.-China trade deficit.

    North Asia will be hit the hardest when U.S. president-elect Trump follows through on his promises on trade, said Goldman Sachs.

  • SEOUL, South Korea— Samsung Electronics said Friday it will announce on Jan. 23 the reason why its Galaxy Note 7 smartphones overheated and caught fire. Koh Dong- jin, Samsung's mobile president, will give details of the probe. The announcement comes after a South Korean court dismissed on Thursday a request by prosecutors to arrest Samsung Vice Chairman Lee...

  • Samsung will announce the cause of the Galaxy Note 7 fires a day before its full-year 2016 earnings.

  • *Samsung mobile chief, Koh Dong- jin, to attend briefing. SEOUL, Jan 20- Samsung Electronics Co Ltd said it will announce on Jan. 23 the results of a probe on what caused some Galaxy Note 7 smartphones to catch fire, as the firm seeks to recover from one of the biggest product safety failures in tech history. The head of it mobile business, Koh Dong- jin, who announced the...

  • WASHINGTON, Jan 19- When world powers agreed in 2015 to lift sanctions on Iran in return for curbs on its nuclear program, the deal's supporters in the United States, Europe and Tehran hoped renewed trade and investment could boost Iran's private sector and weaken the state's hold on the economy. But a Reuters review of business accords reached since then shows...