Care workers under the Korean Confederation of Trade Unions (KCTU) stage a rally near the presidential office in Seoul in 2022. 
Economy

South Korean central bank proposes lower pay for foreign care workers

Bank says tough steps needed to halt demographic slide, keep women in workforce

8 March 2024
Malaysia has revived a high-speed rail plan to connect Kuala Lumpur and Singapore. (Nikkei montage/Source photos by Hiroki Endo and Akira Kodaka)
Transportation

Malaysia revives 'ambitious' high-speed rail plan amid hurdles

China Railway Construction, Hyundai unit among companies showing interest

6 March 2024
The opening ceremony of National People's Congress in Mach 2023 at the Great Hall of the People in Beijing. (Photo by Yusuke Hinata)
Your Week in Asia

China 'Two Sessions', ASEAN-Australia Summit, Malaysia rate decision

Your weekly lineup of Asia's biggest business and political events

3 March 2024
A baby in Seoul. South Korean policymakers have for years been seeking measures to spur more births. (File photo by Reuters)
Society

Singapore and South Korea fertility rates fall to record lows

Heavy government spending to encourage more births fails to reverse trend

28 February 2024
The Bank of Korea has highlighted stubborn inflation and high household debt as challenges for the economy.
Economy

South Korea holds growth projection while flagging inflation risk

Policymakers keep key lending rate unchanged for ninth consecutive session

22 February 2024
A bank employee counts Thai baht. The strong U.S. economy has squeezed the value of emerging-market currencies.
Currencies

Thai baht, Malaysian ringgit sink to three-month lows against dollar

Emerging nation central banks balk at rate cuts to defend currencies

16 February 2024
South Korean policymakers have flagged semiconductors as a key driver of economic growth in 2024.
Economy

South Korea GDP maintains 0.6% growth pace

Exports and private consumption both log modest expansions

25 January 2024
From the Philippine peso to the Australian dollar, a wide range of Asia-Pacific currencies faces weakness against the U.S. dollar. (Photo by Akira Kodaka)
Currencies

Philippine peso, Malaysian ringgit sink on China's economic woes

Trade ties to No. 2 economy spur rate cut speculation in Australia and Thailand

25 January 2024
Shanghai's skyline. Many Japanese and South Korean business leaders see the slowing of the Chinese economy having a significant impact on their companies.
Economy

Japan, China and South Korea execs optimistic on economy in 2024

Corporate heads see strong growth despite weakness in China, poll shows

16 January 2024
South Korea has been widening a probe into global investment banks to weed out illegal short-sellers from the local stock market.
Markets

South Korea says it will impose penalties on two global banks

Authority has been investigating practice of naked short-selling

14 January 2024
Bystanders look at a damaged road on Japan's Noto Peninsula following a deadly earthquake on Jan. 1.
Natural disasters

Asian leaders offer assistance for Japan earthquake response

Marcos, Yoon and more express solidarity as death toll climbs

3 January 2024
Shipping containers in Pyeongtaek, South Korea.
Trade

South Korea records its first trade deficit with China in 31 years

Country's overall shortfall narrows in 2023 as exports to U.S. increase

1 January 2024
A construction site in Seoul. Condo development has stalled recently across much of South Korea amid rising interest rates and stagnating prices.
Property

South Korea builder Taeyoung files for debt workout amid slump

Worries about industry credit crunch mount as higher rates dent real estate demand

29 December 2023
Chairman Jin Roy Ryu of the Federation of Korean Industries speaks to reporters in Seoul on Dec. 21. (Photo courtesy of FKI)
International relations

South Korea business lobby seeks regular meetings with U.S., Japan

Chairman Jin Roy Ryu calls for talks on chip and EV supply chains

22 December 2023
Chinese tourists visit Bangkok's Wat Phra Kaew temple in August. People from the country made up the world's biggest outbound travel market before the COVID pandemic, with 155 million trips in 2019. (Photo by Ken Kobayashi)
Travel & Leisure

In charts: How Asia's tourism recovery is held back by stay-home Chinese

World's biggest foreign travel market hurt by weak economy, safety concerns

21 December 2023
Singapore's commercial property investment volume declined 11%, year-on-year, to $2 billion in the third quarter of 2023. (Photo by Norman Goh)
Market Spotlight

From Singapore to South Korea, commercial property deals falter

Japan and India are bright spots, although most real estate investors remain wary

11 December 2023
A bull statue at the Bombay Stock Exchange. India's benchmark Sensex index ended Friday at a record high.
Markets

India, Taiwan stocks draw emerging-market investors as China slumps

Growth hopes lift Sensex to record; U.S. rate cut chatter boosts other currencies

9 December 2023
A South Korean couple take care of their baby son at their home in Seoul in December 2018. 
Society

New South Korean statistics worsen dread over low birthrate

Officials seek to encourage more births but have failed to stop decline

5 December 2023
A view of Seoul's financial district: In October, South Korea's market regulator, the Financial Services Commission, accused two global investment banks of engaging in naked short-selling.
Markets

South Korea suspects more banks involved in naked shorting

Seoul says joining MSCI's advanced markets indexes not its main goal

1 December 2023
A lack of talent and funding to advance technology have sent Japan sliding in an annual digital competitiveness ranking. (Photo by Kosaku Mimura) 
Economy

Japan sinks to new low in digital ranking on talent shortage

Tokyo, just ahead of Malaysia, falls further behind South Korea, Taiwan and China

1 December 2023
Seoul accounts for a large share of South Korea's population and economic activity. (Photo by Kotaro Hosokawa)
Economy

South Korea's 2024 GDP outlook downgraded for third time

Central bank now predicts 2.1% growth amid weak exports and consumption

1 December 2023
A banner promoting the South Korean city of Busan's bid for World Expo 2030. (Photo by Ahn Seong-bok)
Economy

Riyadh beats South Korea's Busan to host World Expo 2030

Saudi capital also competed with Rome for the five-yearly event

29 November 2023
South Korean Minister for Trade Ahn Duk-geun speaks to Nikkei Asia on Nov. 25 in Seoul about a U.S. move giving South Korean companies a way around "hopelessly difficult" restrictions on shipments to China. (Photo by Ahn Seong-bok)
Semiconductors

South Korea welcomes new rules easing chip tool shipments to China

Updates to U.S. regulations 'very significant' for Samsung, SK Hynix, trade minister says

27 November 2023
A smart farm grows tomatoes at a research center in Jeonju, South Korea. Government-funded R&D is facing the prospect of budget cuts. (Photo by Steven Borowiec)
Economy

South Korean R&D budget cut casts shadow on tech-driven growth

Opposition insists country needs to maintain research funding to stay competitive

18 November 2023
The South Korean city of Busan is competing with Riyadh, Saudi Arabia and Rome for the right to host World Expo 2030. (Photo by Ahn Seong-bok)
Economy

South Korea's Busan goes all out in bid for World Expo 2030

City hopes monthslong show will raise its profile, boost tourism and economy

14 November 2023