South Korea's foreign ministry said on Friday it has proposed that the United States offer federal EV tax credits for groups that have investments planned in the US.

Big Chinese, South Korean and Japanese firms are seen as more likely to follow through than local startups, as they have contracts with global carmakers and experience building large factories

Manufacturing activity shrank in Taiwan, South Korea, and Malaysia, and grew at its slowest rate in almost two years in Japan

It was Toyota's fourth consecutive quarterly profit decline. The company has repeatedly cut output targets, but has fared better than most competitors in managing its supply chains

Exports sank in October by the most in more than two years, official data showed, the most since August 2020. Government vows to boost the economy but said it could take time.

Tokyo spent up to 6.4 trillion yen over two consecutive trading days of unannounced interventions, its finance ministry revealed on Monday

China stocks sank again on Friday, with CSI 300 Index falling 2.5% and the Hang Seng plunging 3.7% to hit new lows since 2008; most other Asian markets edged down

The Japanese government said on Friday it will create an extra budget worth $200.8 billion to fund a package to help households and businesses cope with rising living costs.

South Korean tech giant aims to continue with its investment plans despite rivals moving to scale back output and spending, amid concern about a global recession.

Samsung insiders say his quiet manner disguises a steely determination that Lee will need if he is to grow Samsung amid mounting business headwinds amid a sharp downturn in global tech demand

The world's second-largest memory chipmaker, said its 2023 investment would be cut by more than half, and warned of uncertainty on its operations in Wuxi, China after US export curbs

Over the past week Japanese officials have spent close to $62 billion propping up the yen against the soaring dollar