Asia Top News and Analysis South Korea

  • SEOUL, South Korea— South Korean prosecutors questioned Lotte Group's chairman, Shin Dong- bin, on Tuesday in a corruption probe at the country's fifth-largest business group. Lotte started as a chewing gum company in Japan in 1948 but now operates businesses in chemicals, food, shopping and hotels, including South Korea's largest discount and department store...

  • *China probing Liaoning firm that trades heavily with North. President Barack Obama and Chinese Premier Li Keqiang agreed on Monday to step up cooperation in the United Nations Security Council and in law-enforcement channels after North Korea's fifth nuclear test, the White House said. China and the United States are also targeting the finances of Liaoning...

  • SEOUL, South Korea— South Korean prosecutors are questioning Lotte Group's chairman in a corruption probe at the country's fifth-largest business group. Shin Dong- bin told reporters outside the Seoul Central District Prosecutors' Office building on Tuesday that he regretted causing concern and will cooperate with the prosecutors. Lotte Group, which...

  • Samsung Note 7 phone

    Samsung says an investigation into one Galaxy Note 7 fire in China found no battery problem, while it couldn't access the other phone.

  • *ATL says its battery not the cause of Note 7 fire in China. Late on Sunday, Chinese online financial magazine Caixin cited an internet user's report that their Note 7 phone, bought from JD.com Inc, had caught fire in what appeared to be the first report in China of a fire involving the handset. Battery maker Amperex Technology Limited said separately on Monday one of...

  • SEOUL/ BEIJING, Sept 19- Tech giant Samsung Electronics Co Ltd said on Monday a Galaxy Note 7 smartphone in China that reportedly caught fire was damaged by external heating. Battery supplier Amperex Technology Limited said earlier in the day it investigated the damaged Samsung phone with the South Korean smartphone maker and determined that its battery was...

  • Judge orders Hanjin vessels to be returned

    A South Korean judge says all chartered vessels that have unloaded cargo should cancel their charter agreements.

  • *ATL says its battery not the cause of Note 7 fire in China. SEOUL/ BEIJING, Sept 19- A supplier to Samsung Electronics Co Ltd said on Monday that its battery does not appear to have caused a Galaxy Note 7 smartphone to ignite in China, after Chinese media reported one of the handsets caught fire. Amperex Technology Limited said it conducted a joint investigation with...

  • BEIJING, Sept 19- Chinese online retailer JD.com Inc said on Monday Samsung Electronics Co Ltd is carrying out an internal review, after the e-commerce firm referred a customer report of a Galaxy Note 7 battery fire to the South Korean company. In a statement on Samsung's Chinese website dated Sept. 14, the South Korean firm said that Galaxy Note 7 phones sold after...

  • A technical glitch halted trading in Australia's market for most of Monday's session, but other Asia markets gained.

  • Aviation authorities in the United States, Australia and Europe have urged passengers not to use or charge Note 7 s while flying and not to put them in checked baggage. Samsung had earlier excluded China from its global Note 7 recall. It said handsets sold in China were safe because they used different batteries from those linked to problems elsewhere.

  • North Korea threatens another attack against US

    The isolated state says it's ready to respond to 'provocations' of the United States.

  • Asia markets traded higher on the final trading day of the week, ahead of next week's key central bank meetings in the U.S. and Japan.

  • Sept 15- A lawyer for Hanjin Shipping Co Ltd, the failed South Korean container carrier, said on Thursday a U.S.-bound vessel was held "hostage" by disputes over payments, adding to the struggles in getting $14 billion of cargo off its ships stranded at sea. "There is no clear visibility yet on what will happen with this business," Hanjin lawyer Ilana Volkov said at a...

  • A woman speaks on an Apple phone as she passes an advertisement for the Samsung Galaxy Note 7 in London, September 2, 2016.

    It was supposed to be a dramatic — but quick — recall. Today, the recall looks anything but smooth. NYT reports.

  • China aims to shut almost half a million industrial small-scale coal boilers by 2018, but don't expect a boost for the LNG market.

  • LONDON, Sept 14- Maybe it's because it's the lead market. The first anyone knew that all was not right with the LME lead stock count at Vlissingen was on March 8, when the exchange issued a short notice to members titled "Vlissingen Stock Correction." "Please note that 31,700 mt of Lead in Vlissingen will show in the stock report published 09 March 2016 as a delivery out.

  • SHANGHAI/ SINGAPORE, Sept 14- Three ships chartered to Hanjin Shipping Co Ltd have been sold and two more vessels are up for sale, ship brokers said on Wednesday, kicking off an asset sale sparked by the failure of the world's seventh largest container shipper. Around $14 billion of cargo has been tied up globally as ports, tugboat operators and cargo handling firms...

  • Donald Trump during the Republican National Convention.

    A win for U.S. presidential candidate Trump could have grave implications for the world’s largest economy, according to Oxford Economics.

  • SHANGHAI/ SINGAPORE, Sept 14- Three ships chartered to Hanjin Shipping Co Ltd have been sold and two more of vessels are up for sale, ship brokers said on Wednesday, kicking off a fire sale sparked by the failure of the world's seventh largest container shipper. Around $14 billion of cargo has been tied up globally as ports, tugboat operators and cargo handling firms...