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First planned N.Korea-U.S. contact in Trump administration cancelled – WSJ

(Adds comment from U.S. State Dept official)SEOUL, Feb 25 (Reuters) - Plans for the first contact between North Korea and the United States after...

Switzerland's ABB hit by $100 million South Korean fraud

By John RevillZURICH (Reuters) - Swiss engineering group ABB (ABBN.S) revealed the discovery of what it called a "sophisticated criminal scheme" in its South...

Tight supply boosts CFR China, FOB Korea propylene to 22-month high

The FOB Korea marker in the propylene market hit a 22-month high Thursday, as the marker was assessed at $1,000/mt. The last time the marker...

Samsung chief Lee arrested in corruption investigation

By Hyunjoo JinSEOUL (Reuters) - Samsung Group chief Jay Y. Lee was arrested early on Friday over his alleged role in a corruption scandal...

Higher dollar and equities weigh on gold

By Pratima Desai(Reuters) - Gold prices slipped on Monday as the dollar rose and equities climbed, but political and economic uncertainty in the United...

Northeast Asia-Southeast Asia ethylene price spread hits record high

The spread between Northeast Asia and Southeast Asia ethylene prices widened $30/mt day on day to hit a record high of plus $175/mt Wednesday,...

Chinese ping rubber to 5yr high

First, Chinese speculators came for coking coal and iron ore, catapulting markets into orbit. Now, they're carpetbagging a different commodity, pushing it to its...

India extends temporary safeguard duties on some steel products by two...

The government has extended provisional anti-dumping duties on hot-rolled and cold-rolled flat products of alloy or non-alloy steel by a further two months, in...

Asia BD may resume uptrend on strong Chinese demand

SINGAPORE (ICIS)--Spot butadiene (BD) prices in Asia may resume their upward trend, driven by strong post-holiday demand in the key China market, industry sources...

High Asia TDP run rates on firm benzene boosts toluene prices

High run rates at toluene disproportionation units in Asia to meet strong demand for benzene has boosted demand and prices for toluene, but also...

Elastic band: Chinese speculators ping global rubber prices to 5-year high

By Yuka Obayashi | TOKYO First, Chinese speculators came for coking coal and iron ore, catapulting markets into orbit. Now, they're carpetbagging a different commodity,...

UPDATE 1-S.Korea's S-Oil expects firm refining profits in 2017

* Says upbeat on refining margins this year* Expects global oil demand to outstrip supply in 2017* Sees Arab Light Crude OSP...

Apple sues Qualcomm in Beijing seeking 1 billion yuan

By Diane BartzWASHINGTON (Reuters) - Apple Inc filed a lawsuit against Qualcomm Inc in Beijing, alleging that the chip supplier abused its clout in...

LG Display reports record Q4 profits; panel prices seen rising further

SEOUL (Reuters) - South Korea's LG Display Co Ltd <034220.KS> said on Tuesday it reported a record fourth-quarter operating profit of 904.3 billion won...

No longer 'rising', Africa pushed to the margin at Davos

By Sujata RaoDAVOS, Switzerland (Reuters) - In this Swiss Alps town where the global elite have gathered to debate the world's problems, there seems...