South Korean President Moon Jae-in said on Thursday that a 2015 agreement with Japan over South Korean “comfort women” was seriously flawed and urged follow-up measures to resolve the contentious issue. South Korea on Wednesday said the 2015 deal with Japan over “comfort women” forced to work in Japan’s wartime military brothels failed to meet […]

Asian markets looked set to open little changed on Thursday after an oil rally fizzled and copper prices soared overnight. On Wall Street, markets eked out marginal gains in the last session. U.S. stocks closed slightly higher on Wednesday amid thin trade as gains in real estate and utilities offset losses among energy and telecommunications […]

Huawei Technologies, the world’s third-largest smartphone maker, said on Wednesday that Chinese police are conducting an investigation, after the China sales head of its smartphone unit was detained on suspicion of accepting bribes. Huawei, which in recent years has overtaken Apple and others to take the top share of China’s smartphone market but is now […]

South Korean prosecutors sought a 12-year jail term on Wednesday for Samsung Electronics Vice Chairman Jay Y. Lee, in a corruption case that led to the ouster of the nation’s president earlier this year. They made their demand in the Seoul High Court which is hearing an appeal by Lee against a five-year jail term […]

North Korea has reportedly developed a new, more advanced reconnaissance satellite and may be able to move it on a mobile launcher. Named the Kwangmyongsong-5, the satellite is equipped with cameras and telecommunication devices, South Korean newspaper the JoongAng Ilbo said this week, citing an unnamed government source. JoongAng Ilbo’s report, which has been picked […]

China has dominated global issuance of “green” bonds for two straight years — a trend that will likely continue as the world’s top carbon-emitter tries to play a larger role to contain climate change. The Asian economic giant burst onto the scene in 2016 to take the crown as the world’s largest issuer of green […]

Asia’s fitness technology sector has attracted millions in funding — but fatigue may be kicking In. The continent is seeing a boom in apps, wearables and other tech that helps people stay in shape, and the industry has attracted millions of dollars in funding in recent years. Buoyed by rising income levels and favorable government […]

Wall Street recorded slight declines amid lighter-than-usual trading ahead of Asia’s Wednesday trading day. Meanwhile, investors in the region await the release of industrial profit numbers out of China. U.S. stocks finished the Tuesday session lower following the long Christmas weekend. Retailers stateside notched gains, although losses were seen in the tech space. Apple stock […]

China exported no oil products to North Korea in November, Chinese customs data showed, apparently going above and beyond sanctions imposed earlier this year by the United Nations in a bid to limit petroleum shipments to the isolated country. Tensions have flared anew over North Korea’s ongoing nuclear and missile programs, pursued in defiance of […]

Displacing as much water as five aircraft carriers is just one eye-popping statistic that attempts to explain the sheer size of the world’s largest vessel. Construction on Shell‘s huge floating liquefied natural gas (FLNG) structure began in 2012 and was finished in July by Samsung’s Heavy Industries in South Korea, before being towed to Australia. […]