North Korea held a ceremony Aug. 4 to mark the handover of missile launchers to forces stationed near the South Korean border. (KCNA via Reuters)
North Korea tensions

North Korea sends 250 missile launchers to border with South

Kim claims improved effectiveness of tactical nuclear weapons as tensions rise

6 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
SK On recorded its biggest quarterly operating loss since the battery maker launched in 2021.
Supply Chain

South Korea's top 3 battery makers see earnings slide on EV slowdown

LG Energy Solution, SK On and Samsung SDI have been building up production capacity

2 August 2024
A server pours Budweiser at a beer festival in Beijing. Budweiser Brewing Co. APAC, the Hong Kong-listed regional arm of Anheuser-Busch InBev, has reported sharply weaker performance in the country.
Food & Beverage

Budweiser group's China beer sales plunge by double digits

APAC CEO blames drop-off on COVID reopening hangover, weather, weak consumption

1 August 2024
JD Vance speaks at a rally in St. Cloud, Minnesota, U.S. on July 27.
Opinion

Childless cat ladies of the world must unite against JD Vance's misogyny

Remarks by Trump's running mate reverberate through Japan and South Korea

1 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
Samsung Electronics' troubles in establishing production processes for AI memory semiconductors kept it behind competitors. (Samsung Electronics)
Semiconductors

Samsung's comeback marred by AI chip woes despite strong Q2

South Korean company lags behind rivals in producing advanced HBM semiconductors

1 August 2024
South Korea's Samsung Electronics is benefiting from robust demand for AI-related chips.
31 July 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
South Korea's population grew slightly in 2023, despite a persistently low birth rate.
Society

South Korea population rises for 1st time in 3 years on foreign workers

Influx of workers from Vietnam, Thailand and elsewhere outpaces natural decline

30 July 2024
From left, U.S. Secretary of Defense Lloyd Austin, Secretary of State Antony Blinken, Japanese Foreign Minister Yoko Kamikawa and Defense Minister Minoru Kihara attend a press conference in Tokyo on July 28.
Defense

Japan, U.S. unveil 'most significant' defense upgrade amid 'global threats'

U.S. to 'reconstitute' Japan-based forces to enhance contingency coordination

28 July 2024
South Korean athletes during the floating parade on the Seine during the Olympic opening ceremony in Paris on July 26. 
Sports

Olympics: IOC apologizes to South Korea over North Korea gaffe

Seoul's delegation introduced as from rival during opening ceremony

28 July 2024
The Sado mine complex was one of the world's largest producers of gold in the 17th century. (Sado City, Niigata Prefecture)
Society

UNESCO adds Japan's Sado mine complex to World Heritage list

South Korea opposed the move by linking site to wartime forced labor

27 July 2024
Japanese Foreign Minister Yoko Kamikawa, left, with South Korean Foreign Minister Cho Tae-yeol in Vientiane on July 26. (Japan's Foreign Ministry)
Society

South Korea says listing Japan's Sado mine as World Heritage Site likely

Seoul had raised concerns over listing due to site's links to wartime forced labor

27 July 2024
A Hyundai showroom in Mumbai in 2022. The company's sales and service network covers hundreds of Indian cities. 
Business Spotlight

Hyundai celebrates Indian success with plan for largest IPO

South Korean carmaker under pressure from Chinese rivals to raise its game in EVs

26 July 2024
Hyundai Motor's Kona Electric SUV: The company's EV sales fell 24.7% year on year in the three months through June.
Automobiles

Hyundai Motor posts small profit increase in Q2 on hybrids

Automaker eyes more such sales as hedge against possible Trump return

25 July 2024
SK Hynix credits its second-quarter turnaround to a recovery in the memory chip sector as well as rising demand for AI memory chips.
Artificial intelligence

SK Hynix swings to profit in Q2 on strong AI chip demand

HBM sales up, but shares in South Korean memory maker hit by U.S. tech selloff

25 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
Hybe is the agency behind K-pop idols like male supergroup BTS. (Photo by Tetsuya Fujita)
Media & Entertainment

BTS agency Hybe CEO resigns amid feud with subsidiary

Leading South Korean entertainment group under strain

24 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
Japan's stock market hit a record high in February and has since gone higher after a 34-year wait.
Opinion

Japan's corporate governance reforms show way for China, South Korea

But oversight remains an area of weakness compared to Europe and the U.S.

23 July 2024
Kakao Corp. founder Kim Beom-su in Seoul.
Technology

Kakao founder Kim Beom-su arrested for alleged stock manipulation

South Korean billionaire accused of inflating shares of K-pop agency SM

23 July 2024
Moscow and Kyiv have reached out for support to faraway Pyongyang and Seoul and upgraded military ties. 
Asia Insight

Korean tensions flare as Seoul, Pyongyang take opposing sides on Ukraine

Russia-North Korea military upgrade triggers deeper U.S.-South Korea nuclear alliance

23 July 2024
Trends spread quickly via social media in South Korea. (Photo by Nikkei)
Media & Entertainment

K-pop stars link hot South Korean products to eager Japanese buyers

Fandom drives fashion trends honed by social media scrutiny

21 July 2024