Unlike its US and European counterparts, the BoJ does not face a trade-off between the need to tame inflation and support the economy, Kuroda says

The CPI rose 5.4% in May from a year before, according to Statistics Korea data, faster than the 4.8% rise the previous month and above the 5.1% tipped in a Reuters poll

The country's lack of advanced technology was underscored by how many employers struggled to make the shift to remote work when the pandemic began, the IMF report said

The carmaker will procure electricity from renewable sources and use carbon-neutral vehicles at its factories, among other measures, it said in a statement

Beijing warns the US to handle its dealings with Taiwan prudently so as not to encourage separatists after Washington says it will launch new trade talks with Taipei

South Korean Do Kwon co-founded TerraUSD and Luna, two cryptocurrencies that crashed last month, causing mayhem across the industry.

B&M’s capital investment in LG Chem’s Gumi EV batteries cathode production plant will result in a 49% stake in the JV, with the remaining 51% to be held by LG Chem.

Apple supplier Foxconn and chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) are among firms looking to access Japanese know-how.

The first project is undergoing environmental impact assessment and a final investment decision will be made in 2024 or 2025, its Korea chief executive said.

The new blood could mark a turning point as Satoshi Tsunakawa, a former Toshiba CEO who has opposed reforms at the 146-year-old company, will step down

The South Korean central bank increased the key rate by 25 basis points to 1.75% on Thursday

The PS5, launched in November 2020, undersold its predecessor in its second year due to component shortages which have roiled the electronics industry