China, Japan | featured news

Washington has urged the governments in Tokyo and Seoul to increase cooperation. But the pact triggered an uproar in South Korea, where resentment of Japan’s early 20th-century colonization remains raw and the public regards any sign of Japan’s growing military role with deep suspicion.

A treaty between South Korea and Japan will encourage the sharing of military data on their common concerns: North Korea’s threats and China’s military expansion.

The U.S., knocked from the top spot by China in 2010 and Japan in 2011, once again has the world's fastest supercomputer, scorecard says.

China remained the largest foreign holder of U.S. Treasurys in April, marginally increasing its net portfolio. Japan reduced its net holdings for the second month in a row. Overall, foreigners were net buyers of long-term U.S. financial assets in April, according to the monthly Treasury International Capital report, known as TIC.

Their technical skills helped Japan's corporate giants sweep all before them in the 1980s, and now thousands of aging Japanese engineers are finding a new lease on life in booming China.

The mayor of a Japanese city has sparked outrage after playing down a well-documented massacre of civilians in China's former capital more than 70 years ago.

China, India and Japan are planning cuts of at least 10 percent in Iranian crude imports as tightening U.S. sanctions make it difficult for the top Asian buyers to keep doing business with the OPEC producer.

Toyota over the weekend broke ground for a technical center near Shanghai that will prepare for shifting production to China of tightly guarded technology used in its hybrids and other alternative-energy vehicles—but not its latest technology.

The European Union will call on China this week to boost domestic demand and on the United States and Japan to tackle their public deficits as part of global efforts to rebalance growth, an EU document showed.