The Asia Series steering committee formally announced that the 2014 Asia Series will be canceled due to scheduling difficulties. Various reasons, including personnel changes at the CPBL, the NPB's preparations of the Suzuki All-Star Series with the MLB, and the KBO's participation in the Incheon Asian Games, pushed off talks for the series and made it difficult to set a schedule.
The Asia Series also confirmed with the World Baseball Softball Confederation that the two groups will work together to promote baseball on a global scale. The Asia Series will provide whatever support it can to help bring baseball back to the Olympics.
Discussions for the 2015 series will begin during the next steering committee meeting early next year.
Source: official announcement