Japan protests call for emperor to apologize to Korean 'comfort women'

Japan said on Tuesday it had lodged a complaint with South Korea and after a Korean lawmaker said the Japanese emperor should apologize to “comfort women” forced to serve in Japanese military brothels in World War Two. Relations between Japan and South Korea, both U.S. allies, have amid an intensifying row over their wartime history. South Korea’s National Assembly Speaker Moon Hee-sang said in an interview with Bloomberg last week Japanese Emperor Akihito, “as the son of the main culprit of war crimes”, should apologize to the women before he steps down at the end of April.

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Japan protests call for emperor to apologize to Korean 'comfort women'

Renault: Ghosn remains director of Renault, Bollore chairman of Renault-Nissan

Carlos Ghosn remains a director of Renault SA even though he has resigned as chairman and chief executive and Thierry Bollore is now chairman of the Renault-Nissan BV holding company, Renault said on Tuesday. “In addition to the Board of Directors’ communication of January 24, 2019, Renault wishes to specify that Mr. Ghosn resigned from his terms of office as Chairman of the Board ofDirectors and Chief Executive Officer, but remains, as of the date hereof, Director of Renault SA,” the company said.

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Renault: Ghosn remains director of Renault, Bollore chairman of Renault-Nissan

South Korea bans sales of some Nissan, BMW and Porsche models

South Korea has banned the sale of 10 models of Nissan, BMW and Porsche vehicles after the carmakers were found to have fabricated certification documents, in the latest fallout from the Volkswagen emissions scandal. The government announced in August that it would ban all 10 models after conducting an investigation into whether foreign carmakers besides Volkswagen AG falsified documents on emissions and noise-level tests. Nine of the models have been banned since last month and Nissan's Qashqai diesel sport utility vehicle has been banned since June, the environment ministry said on Monday.

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South Korea bans sales of some Nissan, BMW and Porsche models

Samsung Elec to consider split: Seoul Economic Daily

South Korea's Samsung Electronics Co Ltd will consider splitting itself into two as proposed by activist hedge fund Elliott Management, Seoul Economic Daily reported on Monday citing an unnamed source. Samsung's board of directors would hold a meeting on Tuesday and formally respond to Elliott's proposals, the paper said. The Korea Exchange separately asked Samsung to comment by 6 p.m. (4.00 a.m. ET/0900 GMT) on whether it planned a spinoff.

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Samsung Elec to consider split: Seoul Economic Daily

South Korea prosecutors raid Samsung Electronics in probe over scandal

By Jack Kim and Ju-min Park SEOUL (Reuters) – South Korean prosecutors raided the offices of Samsung Electronics on Tuesday as part of a probe over a political scandal involving President Park Geun-hye and her friend who is alleged to have exerted improper influence in state affairs. A prosecution official told Reuters the search is related to the scandal involving the president's friend, Choi Soon-sil, but declined to comment further. South Korea's Yonhap News Agency reported prosecutors are looking into whether Samsung improperly provided financial assistance to Choi's daughter.

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South Korea prosecutors raid Samsung Electronics in probe over scandal

Dollar near seven-month high as euro slides, Asia slips on weaker oil

The dollar was boosted by a fall in the euro after the European Central Bank shot down talk it was contemplating tapering its monetary easing – sending the euro lower. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent.South Korea's Kospi lost 0.4 percent and Australian stocks shed 0.3 percent. Japan's Nikkei bucked the trend and rose 0.2 percent, brushing a six-month high, as the yen weakened against the dollar.

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Dollar near seven-month high as euro slides, Asia slips on weaker oil

Noble Group’s LNG traders leaving to join Glencore – sources

SINGAPORE/LONDON (Reuters) – Three liquefied natural gas (LNG) traders at Asia's biggest commodity trade house, Noble Group Ltd , including two co-heads of the team, are leaving to join rival trader Glencore , sources familiar with the matter told Reuters. Noble and Glencore declined to comment. The sources said that Noble will continue to trade LNG, having restarted its London-based trading desk in 2014.

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Noble Group’s LNG traders leaving to join Glencore – sources

Germany wants to introduce random emissions tests on cars

Germany wants to carry out unannounced emissions tests on all carmakers, Transport Minister Alexander Dobrindt said on Sunday, aiming to reinstate confidence in the industry that was shattered by the Volkswagen cheating scandal. It would also call on the government to present plans to encourage motorists to switch to electric cars. Volkswagen, Europe's largest carmaker, admitted in September it had cheated U.S. emissions tests by installing software capable of deceiving regulators in up to 11 million diesel vehicles worldwide.

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Germany wants to introduce random emissions tests on cars

Africa’s big cities offer investors hope in hard times

By Joe Brock JOHANNESBURG (Reuters) – Africa's biggest economies have been hammered by the collapse in commodity prices over the past 18 months but there are still investment bright spots to be found. In cities such as Lagos, Nairobi, Accra, Kinshasa and Johannesburg, growth remains robust and investors are prospering in the retail, financial services, technology and construction sectors. This means investors can now re-adjust their strategy for Africa.

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Africa’s big cities offer investors hope in hard times

Global slowdown fears overshadow Singapore aviation show

Aerospace leaders gathering for this week's Singapore Airshow face conflicting pressures as they juggle growing concerns over jetliner demand while keeping record production plans on track. Worries about the effects of a faltering global economy and tensions in the South China Sea overshadow the two-yearly event in Singapore, which is both a major commercial travel hub and home to Southeast Asia’s most potent and best-trained air force.

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Global slowdown fears overshadow Singapore aviation show