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Korean women scrap meeting Japanese mayor over brothel remarks

OSAKA, Japan (Reuters) - Two elderly South Korean women forced to work in Japanese war-time military brothels canceled a meeting on Friday with the mayor of the city of Osaka after he refused to withdraw remarks asserting the brothels were "necessary" at the time.Full story

Japan life insurers may keep money at home as bond yields rise

  TOKYO (Reuters) - Japanese life insurers are giving signs that they may not send much more of their $3 trillion in assets abroad this year, as Japanese government bond yields start picking up, despite hinting last month that they might boost their foreign bond holdings to seek higher returns. Full story

StanChart's Sands says Muddy Waters' debt bet misplaced

  JAKARTA (Reuters) - Standard Chartered PLC's <STAN.L> chief executive Peter Sands denied U.S. activist investor Muddy Waters' claim that the bank has taken on too much risk, saying its loan book was in a good condition and there is no change in risk appetite for lending. Full story

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  North Korea willing to take action to ensure peace, envoy tells China

Three mainland Chinese charged in HK mercantile exchange probe

  Abe on 1st trip to Myanmar by Japan PM in 36 years

Taiwan cuts growth forecast on muted export demand

Market turbulence poses first serious test for Abenomics

  Global shares steady but stimulus fears still present

Foreign preacher takes rare turn on Vietnam stage

Volatile Nikkei keeps Asian stocks on edge

In Indonesia, soccer is kicked around by political parties

Softbank-Sprint deal clears regulatory hurdle

Video

  Maria's Observation: 'Buy on the Dip' Market

From the FOMC Minutes, to an unexpected weak report on manufacturing in China, what has changed about investing strategy? CNBC's Maria Bartiromo shares her observation.

  Avoiding a Japanese Drop?

Japan suffered its worst 1-day loss in more than 2 years, but the Nikkei is still up about 40 percent this year. Walter Zimmerman, United-ICAP says this type of drop could occur in the U.S., while Darren Wolfberg, BNP Paribas, doesn't think so.

  Commodities Fall on China Data

China factory data is slowing, and industrial commodities, as well as copper and palladium slid on the news, reports CNBC's Sharon Epperson. Frank McGhee, Integrated Brokerage Services, offers insight on gold.

  Safe Haven Demand Boosts Gold

Gold has gained ground as investors sell stocks in Japan, Europe and the U.S., reports CNBC's Sharon Epperson.

  Bass: BOJ Facing 'Rational Investor Paradox'

Kyle Bass, Hayman Capital Management, says rational investors are starting to sell Japanese government bonds.

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Bang Chung-Ja, co-chair of the Korean Council for Women Drafted for Military Sexual Slavery, hands over a protest petition to an Osaka City Hall official in Osaka
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Bang Chung-Ja, co-chair of the Korean Council for Women Drafted for Military Sexual Slavery, hands over a protest petition to an Osaka City Hall official in Osaka, western Japan, in this photo taken by Kyodo May 24, 2013. Two elderly South Korean women forced to work in Japanese wartime military bro

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