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

Stocks Rise, Bonds Slip on Shutdown, Trade Hopes: Markets Wrap

U.S. futures added to gains as President Donald Trump spoke at a rally without casting any immediate shadow over a deal in principle among legislators to fund the government. Japanese 10-year bond yields remained in negative territory even after the Bank of Japan on Tuesday cut purchases of some longer-dated bonds for the first time since July in a regular operation. The BOJ has sought to taper its purchases as it focuses on yield targets rather than quantitative easing.

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Stocks Rise, Bonds Slip on Shutdown, Trade Hopes: Markets Wrap

Samsung Electronics says battery caused Note 7 fires, may delay new phone launch

By Hyunjoo Jin SEOUL (Reuters) – Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation into the cause of fires in its premium Note 7 devices. Samsung mobile chief Koh Dong-jin said procedures had been put in place to avoid a repeat of the fires, as investors look to the launch of the South Korean tech giant's first premium handset since the Note 7, the Galaxy S8, some time this year. “Samsung Electronics will be working hard to regain consumer trust.” However Koh said the Galaxy S8 would not be unveiled at the Mobile World Congress (MWC) trade show in Barcelona, which begins on Feb. 27, the traditional forum for Samsung premium product launches.

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Samsung Electronics says battery caused Note 7 fires, may delay new phone launch

Samsung chief questioned by prosecutors in South Korea political scandal

Special South Korean prosecutors questioned the head of top conglomerate Samsung Group [SAGR.UL] on suspicion of bribery on Thursday in an influence-peddling scandal that led to President Park Geun-hye's impeachment. “I am very sorry to the South Korean people for not showing a better side,” Samsung Group leader Jay Y. Lee told reporters as he arrived at the prosecution office in a black sedan, greeted by protesters holding signs calling for his arrest and accusing him of being the president's accomplice. Investigators would now decide whether to seek an arrest warrant against Lee, 48, special prosecution spokesman Lee Kyu-chul told reporters.

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Samsung chief questioned by prosecutors in South Korea political scandal

Dollar loses altitude, Asia shares touch 11-week high

By Wayne Cole SYDNEY (Reuters) – The U.S. dollar nursed widespread losses on Thursday after President-elect Donald Trump's long-awaited news briefing provided scant clarity on future fiscal policies, disappointing bulls wagering on major stimulus. The euro had rallied to $1.0602 from a trough of $1.0454, while the dollar lapsed to 114.76 yen from a top of 116.87.

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Dollar loses altitude, Asia shares touch 11-week high

Samsung scraps Galaxy Note 7 over fire concerns

By Se Young Lee SEOUL (Reuters) – Samsung Electronics Co Ltd scrapped its flagship Galaxy Note 7 smartphone on Tuesday less than two months after its launch, dealing a huge blow to its reputation and outlook after failing to resolve safety concerns. Samsung announced the recall of 2.5 million Note 7s in early September following numerous reports of the phones catching fire and on Tuesday it finally pulled the plug on the $882 device in what could be one of the costliest product safety failures in tech history. “(We) have decided to halt production and sales of the Galaxy Note 7 in order to consider our consumers' safety first and foremost,” the South Korean firm said in a filing to the Seoul stock exchange.

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Samsung scraps Galaxy Note 7 over fire concerns

Samsung sees third quarter profit jump as chip surge eases smartphone recall blues

South Korea's Samsung Electronics Co expects third-quarter profit grew 5.6 percent, beating estimates, as a pickup in chip and display earnings likely offset the impact of a global smartphone recall that has roiled the tech giant. The world's biggest smartphone maker said in a brief filing on Friday its operating profit for July-September was likely 7.8 trillion won ($7 billion), compared with the 7.4 trillion won tipped by a Thomson Reuters StarMine SmartEstimate of analysts' forecasts. Revenue for the quarter likely fell 5.2 percent to 49 trillion won, the South Korean firm said, less than the Thomson Reuters StarMine SmartEstimate of 51.1 trillion won.

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Samsung sees third quarter profit jump as chip surge eases smartphone recall blues

Oil edges up on U.S. inventories, but slowing Asia weighs

Oil prices rose in early trading on Thursday, supported by a report of another fall in U.S. crude inventories as well as a weaker dollar, although a glut of refined products and economic growth concerns continue to weigh on markets. International Brent crude oil futures were trading at $49.08 per barrel at 0045 GMT on Thursday, up 28 cents from their last settlement. U.S. West Texas Intermediate (WTI) crude was up 27 cents at $47.70 a barrel.

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Oil edges up on U.S. inventories, but slowing Asia weighs

Brazil judge overturns 72-hour suspension of WhatsApp

By Natalia Scalzaretto SAO PAULO (Reuters) – A Brazilian judge on Tuesday overturned a suspension of Facebook Inc's WhatsApp messaging application that affected some 100 million users, after many people voiced frustration at the second such freeze in five months in the South American country. On Monday, a judge in the northeastern state of Sergipe had ordered Brazil's five main wireless operators to block access to WhatsApp for 72 hours. The judge who ordered the suspension, Marcel Maia Montalvão, in March ordered the imprisonment of a Brazil-based Facebook executive in a dispute over law enforcement demands for data from the company’s encrypted messaging service for use in a drug trafficking investigation.

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Brazil judge overturns 72-hour suspension of WhatsApp