Tag: East Asia
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KOSPI bounces back as Asian markets look to recover from rout
Investors tentatively got back on the horse in Seoul as they picked up the pieces following a 10 per cent collapse in the KOSPI on Tuesday, which was led by 12 per cent losses in chip giants and market heavyweights SK Hynix and Samsung.
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South Korea says North Korean soldier in custody after crossing border: Report
The North Korean soldier is believed to have defected, according to South Korea’s Yonhap news agency.
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North Korea’s Kim unveils plans for 10,000-ton warships, nuclear navy
North Korean leader Kim Jong Un announced the plans at the commissioning of the Choe Hyon, one of two 5,000-ton-class warships the country launched last year.
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South Korea’s KOSPI surges 4.1% as chip stocks recover
The KOSPI gained more than 330 points moments after trading began on Wednesday (Jun 24), instantly recouping a massive chunk of the losses from a nearly 10 per cent plunge a day earlier.
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China, India unlikely to replace US role in Middle East even as Iran war reshapes dynamics: Analysts
The influence of rising powers in the Middle East is unlikely to take the form of the military presence traditionally associated with the United States, say analysts at the Middle East Institute’s annual conference.
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From blind boxes to theme parks: How Pop Mart is building a world beyond Labubu
The Chinese toy company is seeking to build long-term global franchises around its characters and reduce reliance on its breakout star.
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Yen hovers near 40-year low against dollar
Japanese Finance Minister Satsuki Katayama’s conversation with US Treasury Secretary Scott Bessent on Monday helped the yen recover from a low of 161.93 per dollar, just short of the 161.96 level last seen in December 1996.
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North Korea’s Kim vows to accelerate military buildup: KCNA
Kim Jong Un cited efforts by Washington and Seoul to push forward with South Korea’s possession of a nuclear submarine as one justification for accelerating North Korea’s military buildup.
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China launches probe after media reports of contaminated diapers
BEIJING: Chinese authorities have launched an investigation after local media reported that a rash-causing irritant had been found in nappies from brands including Huggies, Beijing’s market watchdog said on Monday (Jun 22).A report from Chinese outlet Economic Information Daily last week said diapers from Hug
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South Korea ex-minister gets 25 years in jail for role in martial law attempt
Park Sung-jae had held a meeting of justice ministry officials in the early hours of the martial law and checked on prison capacity should the authorities arrest anti-government figures, prosecutors say.
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