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  • The Light Rose Garden, a public art installation featuring a sea of white roses made with light-emitting diode, or LED, is also a perfect venue for Valentine's Day in Hong Kong. Originating in South Korea, the Light Rose Garden is on a world tour with its first stop in the southern Chinese city. Organizer Jung Yong Jin said he's thrilled to see people outside of Seoul...

  • SEOUL, Feb 14- South Korea said on Sunday 70 percent of the U.S. dollars paid as wages and other fees for the now-suspended Kaesong industrial project run jointly with the North had been diverted for use in Pyongyang's weapons program and luxury goods for its leader. South Korea on Wednesday suspended the project as punishment for the North's long-range rocket...

  • SEOUL, Feb 14- South Korea said on Sunday 70 percent of the U.S. dollars paid as wages and other fees for the now-suspended Kaesong industrial project run jointly with the North had been diverted for use in Pyongyang's weapons programme and luxury goods for its leader. South Korea on Wednesday suspended the project as punishment for the North's long-range...

  • SEOUL, Feb 12- South Korea and the United States are expected to begin talks next week on possible deployment of an advanced U.S. missile defence system following North Korea's recent rocket launch, officials said on Friday, as Seoul cut power to a factory park run jointly with the North. The discussions would focus on placing one Terminal High Altitude Area...

  • SEOUL, South Korea— The closure of a factory park in North Korea jointly run by both Koreas has robbed the impoverished North of a rare source of legitimate hard currency. The bank has been publishing estimates of North Korea's economy since 1991. The Bank of Korea said North Korea's combined imports and exports that year were about $9.9 billion, including $2.4...

  • Wall Street should fear the next president Thursday, 11 Feb 2016 | 11:10 AM ET
    Sen. Bernie Sanders (L) and Donald Trump (R).

    Wall Street may not know it yet, but it's really going to miss President Obama, says Kabir Sehgal. Here's why.

  • SEOUL, South Korea— South Korea's sudden withdrawal from a factory park in North Korea is a severe blow for the South Korean businesses that populated it, but is unlikely to make much difference to the North's decrepit economy despite being a stern diplomatic measure. Aiming to punish North Korea for a rocket launch on Sunday, South Korea's government said...

  • *Other sectors monitoring case for guidance on pricing methods. BRUSSELS, Feb 10- Leading shipping container groups Maersk, MSC and 13 other companies have offered to change their pricing practices to settle an EU antitrust probe and stave off possible fines, two people familiar with the matter said on Wednesday. The European Commission opened an...

  • SEOUL, Feb 10- South Korea said on Wednesday it would suspend operations at a jointly run factory park just inside North Korea following the North's long-range rocket launch over the weekend, cutting off an important source of revenue for the impoverished North. North Korea's Feb. 7 rocket launch put a satellite into orbit, although the United States and South...

  • S. Korea shuts down joint industrial park with N. Korea Wednesday, 10 Feb 2016 | 3:21 AM ET

    PAJU, South Korea— South Korean workers on Thursday began shutting down a jointly run industrial park in North Korea, a move that will end, at least temporarily, the Koreas' last major cooperation project as punishment over Pyongyang's recent rocket launch. Pyongyang has yet to comment, but Seoul said that North Korean workers did not report to work at Kaesong on...

  • SEOUL, South Korea— South Korea says it will halt operations at joint industrial park with North Korea in response to rocket launch.

  • TOKYO, Feb 6- North Korea has brought forward a time frame for the launch of a rocket that it says will carry an earth observation satellite, to begin on Sunday, the Japanese and South Korean governments said on Saturday. North Korea had earlier told the International Maritime Organisation it would launch the rocket some time between Feb. 8 and Feb. 25.

  • *Tom Ford also to sell collection on same day as Sept show. LONDON/ PARIS, Feb 5- Design houses Burberry and Tom Ford on Friday announced new strategies that will allow them to close the gap between the runway and retail in order to get clothing and accessories more quickly to customers in different climates around the world. Major luxury brands such as Dior, Chanel,...

  • Whatever lifts off from North Korea's western coast space center this month, one thing is certain— since rockets and missiles inevitably have overlapping technologies, it will run afoul of U.N. resolutions that have been in place for years to bar North Korea from testing any technology that could be used to develop long-range ballistic missiles.

  • Coming near you: 6M Chinese tourists next week Thursday, 4 Feb 2016 | 11:13 PM ET
    BEIJING, CHINA - FEBRUARY 17: A Chinese traveler sleeps as others read and relax as they wait to leave for the Spring Festival at a local railway station on February 17, 2015 in Beijing, China.

    The Chinese economy may be slowing but that's not stopping a record number of tourists from traveling over Lunar New Year.

  • SEOUL, Feb 5- Chinese visitors to South Korea are buying less from global luxury mainstays like Louis Vuitton and Chanel in favour of cheaper homegrown brands, as young, independent travellers make up a bigger share of tourists. South Korea trails only Thailand as an overseas destination for Chinese travellers, whose heavy retail spending has helped make South...

  • Local market leader Hanssem Co Ltd, with sales of more than $1 billion in 2014, saw a 31 percent increase in revenue for the first nine months of 2015 and a doubling in its share price for the year as it opened 27 of its larger stores in 2014 and 2015. Shinsegae Co Ltd's Jaju chain opened 10 stores in 2015, bringing its total to 149.. Swedish giant IKEA, whose single...

  • KEEPING SCORE: Europe started lower, with Britain's FTSE 100 down 1.2 percent to 5,985.97. Germany's DAX fell 1 percent to 9,656.78 while France's CAC 40 slipped 1.4 percent to 4,331.20. Benchmark U.S. oil was down 56 cents to $31.06 per barrel in electronic trading on the New York Mercantile Exchange.

  • Europe stocks lower as weak China data weighs Monday, 1 Feb 2016 | 1:00 AM ET

    Japanese stocks, however, extended gains following the Bank of Japan's decision last week to introduce a negative interest rate policy to boost lending and spur growth. KEEPING SCORE: Europe got off to a weak start with Britain's FTSE 100 down 0.4 percent to 6,059.68. THE QUOTE: "There are precious few indicators that point to a recovery within China and this...

  • Asia stocks uneven as China data, Japan policy weighed Sunday, 31 Jan 2016 | 10:54 PM ET

    SEOUL, South Korea— Chinese stocks fell Monday after a weak manufacturing report while Japan extended gains following its central bank's introduction of a negative interest rate policy to boost lending by banks. KEEPING SCORE: Japan's Nikkei 225 rose 1.8 percent to 17,833.53 and South Korea's Kospi added 0.3 percent to 1,918.22. THE QUOTE: Investors will...