South Korea’s Kospi index closed at a record high Thursday, after the International Monetary Fund raised the country’s 2025 growth forecast to 0.9% from 0.8% in its October outlook report. The IMF also raised its growth projection for the global…
Having won the presidency of Japan’s ruling Liberal Democratic Party, Sanae Takaichi is on the verge of becoming the country’s first female prime minister. Takaichi, a hardline conservative and close ally of the late Shinzo Abe, said Saturday that she…
Japan’s government bond market, long shielded by the Bank of Japan’s yield curve control and decades of deflation, faces a test of faith under Sanae Takaichi, who is set to be the country’s first female prime minister. Markets are betting…
U.S. President Donald Trump offered to allow hundreds of South Korean workers arrested during an immigration enforcement raid to stay in the United States to train American workers, but only one has opted to remain, South Korean officials said. Trump’s…
Thailand and Cambodia on Sunday signaled their readiness to negotiate an end to a deadly border dispute following mediation efforts by U.S. President Donald Trump. The fighting, now in its fourth day, has killed at least 34 people and displaced…
When Sakda Vicheansil, a lawmaker from western Thailand, announced his resignation from the ruling Pheu Thai party in early September, his words reflected the extraordinary decline of the country’s most dominant politician, Thaksin Shinawatra. “Thai people across the country, and…
After months of policy pivots, delays and negotiations from President Donald Trump, dozens of key U.S. trading partners were hit Thursday with “reciprocal” tariffs on their exports to the country. “IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING…
Asia semiconductor-related stocks traded mixed Thursday after U.S. President Donald Trump announced he would impose a 100% tariff on chip imports, with an exemption for companies that are “building in the United States.” Details on how much domestic manufacturing is…
The White House announced Wednesday that it is imposing an additional 25% tariff on India, bringing the total levies against the major United States trading partner to 50%. “I find that the Government of India is currently directly or indirectly…
Data from Japan’s agriculture ministry revealed that the average price of a five-kg bag of rice had fallen to 3,920 yen ($27.03) for the week ending June 15, which marked the first time that rice had fallen below the 4,000-yen…
South Korea avoided a technical recession as its economy expanded by 0.6% from the previous quarter, beating expectations, according to advance estimates. This was higher than the 0.5% expected by economists polled by Reuters, and a reversal from the 0.2%…
Japan’s embattled prime minister Shigeru Ishiba, fresh off a crushing defeat in upper house elections over the weekend, will not be in a position of strength to negotiate a favorable trade deal with the U.S., analysts said. The ruling Liberal…
Detailing the operation, Trump said the U.S. and Israel, “worked as a team, like perhaps no team has ever worked before. We’ve gone a long way to erasing this horrible threat” to the American ally. The president congratulated the U.S.…
Prime Minister Shigeru Ishiba has also signaled sharper focus on the defense sector and became the first sitting prime minister to attend DSEI Japan, the country’s largest defense exhibition. While the shift in stance comes at a time when global…