Stagnant demand from China, monetary policy tightening, and high inflation were the key causes of falling exports, Finance Ministry official Beatrice Tsai said.
Analysts expect a 50 basis point hike in the key interest rate to 3.00% when the Bank of Korea reviews policy at its October 12 meeting.
US Federal Reserve chiefs reasserted their commitment to capping inflation sending stock indexes across the region downwards again
Japan's foreign reserves fell by a record $54 billion last month after its rare intervention in the currency market two weeks ago
The S&P Global India services PMI data fell from 57.2 in August to 54.3 in September, but still well over the 50-mark separating growth from contraction for the 14th straight month
Japan's Nikkei reached a two-week high but Hong Kong’s Hang Seng dipped on a thin day of trading ahead of key employment figures from the US
The territory's Mandatory Provision Fund lost $32.98 billion, equating to $7,197.63 per person, the South China Morning Post reported
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.