Asia Top News and Analysis South Korea

  • SEOUL, Oct 23- The animosity between Japan and South Korea is entwined with the history of Japan's 1910-45 occupation of the Korean peninsula, the mobilisation of forced labour at companies and women in wartime brothels, and a row over the ownership of islets in the sea between the two nations. Last October, South Korea's Supreme Court ordered Japan's Nippon...

  • Buildings in the Central district are seen from Victoria Peak in Hong Kong on August 28, 2019.

    The IMF said in its latest report that growth in Asia could moderate to 5% in 2019, and 5.1% in 2020 — lower than its April projections.

  • *China says progress made in trade talks with United States. NEW YORK, Oct 22- Oil prices rose on Tuesday after China signaled progress in trade talks with the United States and OPEC and its allies mulled deeper production cuts, but gains were capped by forecasts of a buildup in U.S. crude stockpiles. OPEC and its allies plan to consider whether to deepen cuts to crude...

  • *China says progress made in trade talks with United States. NEW YORK, Oct 22- Oil prices rose on Tuesday after China signalled progress in trade talks with the United States, but gains were capped by forecasts of a buildup in U.S. crude stockpiles. The International Monetary Fund last week forecast that fallout from the U.S.- China trade war and trade disputes...

  • *China says progress made in trade talks with United States. LONDON, Oct 22- Oil prices rose on Tuesday after China signaled progress in trade talks with the United States, but gains were capped by bearish forecasts of a buildup in U.S. crude stockpiles. China and the United States have achieved some progress in their trade talks, Vice Foreign Minister Le Yucheng...

  • *China says progress made in trade talks with United States. LONDON, Oct 22- Oil prices rose on Tuesday after China signaled progress in trade talks with the United States, but gains were capped by bearish forecasts of a buildup in U.S. crude stockpiles. China and the United States have achieved some progress in their trade talks, Vice Foreign Minister Le Yucheng...

  • SINGAPORE/ SEOUL, Oct 22- Equity analysts have cut their earnings forecasts for Asia's oil refiners as a surge in oil tanker freight rates and crude premiums offset an expected boost in refining margins. Spot market freight rates for crude cargoes from the Middle East to Asia recently surged to a record following U.S. sanctions on Chinese tanker companies on...

  • *China says progress made in trade talks with United States. LONDON, Oct 22- Oil prices steadied on Tuesday as bearish forecasts of a buildup in U.S. crude stockpiles offset signs of progress in U.S.- China trade talks. The poll was conducted ahead of reports from the American Petroleum Institute, an industry group, and the Energy Information Administration, an...

  • President Trump says trade talks with China going well. SEOUL, Oct 22- Oil prices were little changed Tuesday as lingering worries over a global economic slowdown that could hurt oil demand offset some signs of progress in U.S.- China trade talks. "Commodity markets were cautiously optimistic amid signs that a trade deal was close to being signed by the United...

  • HTC's Exodus 1s smartphone comes packed with cryptocurrency-related features.

    HTC says the Exodus 1s comes packed with cryptocurrency-related features that will let users exchange, lend and borrow digital assets.

  • *China's September refinery throughput up 9.4%. NEW YORK, Oct 18- Oil prices edged lower on Friday, as concerns about China's economy outweighed bullish signals from its refining sector, but losses were limited on hopes for progress toward a U.S.- China trade agreement. China's economic growth slowed to 6% year-on-year in the third quarter, its weakest in 27-1/ 2...

  • *China's September refinery throughput up 9.4%. In the third quarter, China's economic growth slowed to 6% year on year, its weakest for 27-1/ 2 years and below expectations, dogged by soft factory production amid sluggish domestic demand and continuing trade tensions with the United States. China's September refinery throughput, however, was up 9.4% year on...

  • SEOUL, Oct 18- South Korea's Prime Minister Lee Nak- yon is expected to meet Japanese Prime Minister Shinzo Abe next Thursday in what would be the highest-level talks between the two countries since Tokyo imposed export curbs in a deepening trade and diplomatic spat, Seoul officials said on Friday. Lee is scheduled to visit Tokyo for Oct. 22-24 to attend Japanese...

  • *China's September refinery throughput up 9.4%. SEOUL, Oct 18- Oil prices slid on Friday on jitters over demand from China after the world's largest oil importer recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States. In the third quarter, China's gross domestic product growth slowed to 6%...

  • Visitors walk past an advertisement for the SK Telecom Co. at the World IT Show 2018 in Seoul, South Korea on May 23, 2018.

    Singapore Minister for Communications and Information, S Iswaran, called 5G the "backbone" of the city-state's digital economy.

  • SEOUL, Oct 17- South Korea's LG Chem, one of the leading electric vehicle battery makers, expects global sales of EVs to grow more than five-fold from 2018 levels to account for about 15% of global vehicle sales in 2024, it said on Thursday. LG Chem, which counts General Motors and Volkswagen among its customers, also forecast battery costs, which account for about...

  • VIENNA, Oct 16- Airline Swiss expects to resume mostly normal service with its fleet of Airbus A220 jets on Thursday after temporarily grounding the jets for safety checks of their engines, it said on Wednesday. The inspections of Pratt& Whitney engines came after a Geneva- bound Swiss jet had to divert to Paris on Tuesday. In Seoul, Korean Air Lines Co Ltd said it had...

  • SEOUL, Oct 16- South Korea's central bank cut its policy interest rate on Wednesday, as expected, and left the door open for further easing although a split vote on the move suggested the next reduction may not be imminent. The Bank of Korea's monetary policy board trimmed the base rate by 25 basis points to 1.25% in a 5-2 vote, an indication the call for looser...

  • *Governor Lee Ju- yeol's news conference due at 0220 GMT. SEOUL, Oct 16- South Korea's central bank cut its policy interest rate for the second time in three months on Wednesday, as expected, to support slowing economic growth and address mounting deflationary pressures. BOK Governor Lee Ju- yeol is due to hold a news conference from 0220 GMT.

  • A South Korean national flag (left) and a Bank of Korea flag fly outside the central bank's headquarters in South Korea, on January 15, 2015.

    The Bank of Korea's monetary policy board trimmed the base rate by 25 basis points to 1.25%, a media department official said.