By Makiko Yamazaki and Mayu Sakoda TOKYO (Reuters) -Shareholders of Japan’s Seven & i Holdings Co Ltd on Thursday voted down all four of the board candidates nominated by ValueAct Capital, dismissing the U.S. investment firm’s attempt to shake up the retail giant’s board. ValueAct, long critical of the 7-Eleven convenience store operator’s conglomerate structure,…
By Melanie Burton MELBOURNE (Reuters) – Western Australia state has agreed to compensate an Aboriginal group for historic acts including issuing mining leases on their traditional lands, setting a precedent that is set to allow Indigenous groups a greater say in future developments. The state has been strengthening its laws to protect Indigenous cultural heritage…
SEOUL (Reuters) – North Korean media criticised on Thursday plans by South Korea, the United States and Japan to share real-time data on Pyongyang’s missile launches, describing the trio as discussing “sinister measures” for tightening military cooperation. The information sharing pact is a result of American efforts to incite confrontation and boost its military edge…
By Alasdair Pal SYDNEY (Reuters) – The family of a 95-year-old woman who died after being tasered by police in Australia paid tribute to her on Thursday, as the premier of the state where the incident occurred expressed confidence in its police force. Clare Nowland, who had dementia, died in hospital on Wednesday, police in…
By Choonsik Yoo and Jihoon Lee SEOUL (Reuters) -South Korea’s central bank on Thursday flagged it may not be done tightening, sending bond yields soaring, after it held rates steady for a third straight meeting and trimmed this year’s economic growth forecast. The Bank of Korea’s monetary policy board unanimously voted to keep its policy…
By Kane Wu and Yantoultra Ngui HONG KONG (Reuters) – Private equity firms Boyu Capital, Hillhouse Capital and BPEA EQT are among bidders vying for Longreach Group’s Hong Kong-based medical device maker Quasar, three people with knowledge of the matter said. Longreach, an Asia-focused private equity firm, is targeting a valuation of as much as…
By Josh Smith SEOUL (Reuters) – Construction at North Korea’s satellite launching station has hit a “new level of urgency,” most likely in preparation for a launch, a U.S.-based think tank said in a report citing commercial satellite imagery. North Korea says it has completed its first military spy satellite, and leader Kim Jong Un…
JAKARTA (Reuters) – The world’s two biggest palm oil producers Indonesia and Malaysia will send top officials to the European Union next week to voice concern over a new deforestation law they believe could be detrimental to small farming businesses. Indonesia and Malaysia accounts for about 85% of global palm oil exports and the EU…
By Hyonhee Shin SEOUL (Reuters) – Hundreds of thousands of South Korean artillery rounds are on their way to Ukraine via the United States, after Seoul’s initial resistance toward arming Ukraine, the Wall Street Journal reported on Wednesday. The Journal, citing unnamed sources, said Seoul had reached a “confidential arrangement” with Washington to transfer the…
By Michael Martina and Humeyra Pamuk WASHINGTON (Reuters) -The U.S. State Department’s top China policy official Rick Waters is set to step down at a time of fraught relations between Washington and Beijing. Waters, deputy assistant secretary of State for China and Taiwan who leads the department’s recently created China House policy division, will leave…
