A policeman stands guard in front of  the headquarters of the ruling Liberal Democratic Party in Tokyo. The LDP will select a new leader next month.
Japan’s leadership race

Japan's ruling LDP to vote on Kishida successor: 5 things to know

With prime minister stepping down, how will party select his replacement?

15 August 2024
Amid surging labor demand in an AI boom, Vietnam aims to train at least 50,000 chip engineers and designers by 2030 as industry giants look to offset severe staff shortages in their home markets. (Illustration by Yoshiko Kawano)
The Big Story

Vietnam turns chip sector magnet with affordable, quality talent pool

US, Taiwan, South Korean players beat path to Vietnam though boom strains resources

14 August 2024
Japanese stocks have been in a downward spiral since Aug. 1, a day after the Bank of Japan aggressively raised interest rates to 0.25% from 0.1% and said it was open to more hikes this year. (Photo by Satoko Kawasaki)
Equities

Japan stocks dive 4,451 points, more than Black Monday in 1987

Yen surges to 141 per dollar as potential U.S. recession spooks investors

5 August 2024
BTS member Jin enjoyed some of his favorite beverages, including Milkis, at a June 13 fan event just after finishing his mandatory military service. (Hybe)
Media & Entertainment

K-pop's sway over fan spending lures foreign investors

But BTS agency Hybe's court battle highlights looming governance concerns

4 August 2024
The nomination of Kim Moon-soo as South Korea's labor minister comes with the country experiencing high-profile strikes. (Source photos by Reuters and EPA/Jiji)
Economy

South Korea's Yoon nominates trade union opponent as labor minister

Kim Moon-soo has shed his student activist past to become staunchly conservative

1 August 2024
IPEF nations have established a network that will take action whenever supply chains are disrupted.
Supply Chain

South Korea, Japan to help crisis-proof Indo-Pacific supply chain

14 IPEF members to share chips and medical supplies in emergencies

31 July 2024
A vacant storefront in central Seoul. (Photo by Ahn Seong-bok)
Economy

South Korea's Q2 GDP shrinks 0.2% as incomes decline

Country's economy caught between robust exports and weak domestic conditions

25 July 2024
Han Dong-hoon speaks after being elected leader of the ruling People Power Party in Goyang, South Korea on July 23. (Photo by Junnosuke Kobara)
Politics

South Korea's ruling PPP picks ex-justice minister as new leader

President Yoon Suk Yeol's party tries to reboot after April's electoral drubbing

23 July 2024
The North Korean flag flies at the country's consular office in Dandong, China.
North Korea tensions

North Korea forced labor system widespread, U.N. report says

Pyongyang urged to end system of compulsory state-allocated employment

17 July 2024
Containers are offloaded from the freighter Alula Express at South Korea's Busan Newport International Terminal, one of the largest container ports in the world.
Economy

Developing Asia's growth revised up by ADB as tech exports grow

Regional lender keeps forecasts for ASEAN economies, China, India unchanged

17 July 2024
A shipyard in Busan, South Korea. Small- and medium-size enterprises have "considerable untapped potential" beyond supplying conglomerates, an OECD report said.
Economy

South Korea must boost SMEs as fertility declines, OECD says

Report advises streamlining complex government support programs for smaller firms

12 July 2024
From left, Japanese Economy, Trade and Industry Minister Ken Saito, U.S. Commerce Secretary Gina Raimondo, and South Korean Trade, Industry and Energy Minister Ahn Duk-geun in Washington on June 26. (Photo by Shunsuke Ushigome)
International relations

U.S. and Japan face disconnect over further China chip controls

Trilateral with South Korea produces agreement on supply chain cooperation

28 June 2024
The site of a deadly fire at a lithium-ion battery factory in Hwaseong, South Korea, on June 24. The majority of the victims were from overseas.
Work

South Korea factory blaze highlights risks to migrant workers

Government opens employment door wider despite safety concerns

25 June 2024
A dealing room at KEB Hana Bank's headquarters in Seoul on May 30.
Equities

South Korea extends short-selling ban to March 2025

Financial regulator plans to develop an electronic system to prevent illegal trades

13 June 2024
Kazakh President Kassym-Jomart Tokayev, left, and South Korean President Yoon Suk Yeol inspect an honor guard during a welcome ceremony in Astana on June 12. Yoon is on a three-nation visit to Central Asia.
International relations

South Korea's Yoon seeks deals in Central Asian resource push

Visit to Kazakhstan and other countries aimed at mineral access, less reliance on China

13 June 2024
Mauritanian President Mohamed Ould Ghazouani, left, chairman of the African Union, speaks as South Korean President Yoon Suk Yeol listens during a joint news conference on June 4.
Supply Chain

South Korea woos African nations over critical mineral supplies

High-tech economy aims to cut reliance on China for lithium and graphite

5 June 2024
United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan, South Korean President Yoon Suk Yeol and his wife Kim Keon Hee watch the Black Eagles aerobatic team over the Presidential Office in Seoul on May 29.
Trade

South Korea and UAE agree to slash duties and strengthen ties

Malaysia, Vietnam and the Philippines also work toward pact with the emirates

29 May 2024
South Korean President Yoon Suk Yeol speaks during a meeting with business leaders also attended by Chinese Premier Li Qiang, far right, and Japanese Prime Minister Fumio Kishida, second from right, at the Korea Chamber of Commerce and Industry in Seoul on May 27.
Economy

South Korean, Japanese and Chinese executives plan digital cooperation

Business leaders participate in gathering linked to countries' trilateral summit

27 May 2024
From left: Japanese Prime Minister Fumio Kishida, South Korean President Yoon Suk Yeol and Chinese Premier Li Qiang were all smiles at a trilateral summit in Seoul on May 27. (Photo courtesy of Japanese Cabinet Office)
International relations

China, Japan and South Korea vow to seek progress on FTA

East Asian powers aim to 'institutionalize' summit meetings after long hiatus

27 May 2024
South Korea, Japan and China announced in November 2012 that they would begin the negotiations. But progress has stalled since the 16th round was held in November 2019. (Source photos by Nikkei)
Trade

China, Japan and South Korea to revive FTA talks

Sources say Beijing is prepared to discuss the overproduction and subsidy issues

27 May 2024
Japanese Prime Minister Fumio Kishida (right) speaks to South Korean President Yoon Suk Yeol during a bilateral meeting in Seoul on May 26. China, South Korea and Japan will hold a trilateral summit in the South Korean capital on Monday.
International relations

Japan, South Korea leaders tout growing 'trust' before summit with China

East Asian countries gather in Seoul for first three-way talks since 2019

26 May 2024
Economic growth in Japan and South Korea has been lackluster, while China's economy has lost momentum compared with the early 2000s. (Source photos from Nikkei)
International relations

Economic woes push Japan, China, South Korea to restart 3-way summit

Amid Beijing's military buildup, Kishida and Yoon seen calling for restraint

26 May 2024
From left, Japanese Prime Minister Fumio Kishida, South Korean President Yoon Suk Yeol, and Chinese Premier Li Qiang. (Source photos by Uichiro Kasai and Reuters)
International relations

China, Japan and South Korea to navigate tensions at Seoul summit

First gathering in years aims to restore trilateral diplomacy as challenges mount

25 May 2024
Vacant storefronts in central Seoul. In the first quarter of this year, 11,341 small-business owners defaulted on loans, bringing the total number of self-employed people in default in South Korea to 72,815. (Photo by Steven Borowiec) 
Economy

South Korea's self-employed struggle under growing debt load

One restaurateur finds niche in catching, cooking freshwater fish

14 May 2024