The launch comes after Hyundai announced plans to build EV plants both at home and the US, where the Ioniq 5 and Kia's EV 6 SUV together became the second-best selling EVs

Over 40,000 new cases were announced on Wednesday, the highest level since May 11 and there are fears cases could soar to 200,000 by mid-August, the PM said

South Korean central bank raised benchmark interest rate by 50 basis points to 2.25%, the biggest hike since the bank adopted the current policy system in 1999

The Reuters Tankan showed sentiment among Japanese manufacturers and the services sector improving only modestly over the next three months

Covid curbs in Shanghai reignited worries of a wider economic disruption, while possible delisting risks of major Chinese firms from US exchanges dragged Hong Kong shares to a six-week low.

Closer ties with the EU ``would be very helpful for our companies for their attention towards and knowledge of Europe," said Taiwan Deputy Economy Minister Chen Chern-chyi.

The South Korean automaker plans to invest 63 trillion won ($48.07 billion) in South Korea through till 2025

The dollar climbed to as high as 137.28 yen in morning trading, its highest since late 1998 before lightly paring those gains

Government unveils moves to ease costs of living after President says economic conditions are an "emergency" and orders officials to take all possible steps to ease people's burdens

Abe was best known for his signature “Abenomics” policy that featured bold monetary easing and fiscal spending. He also bolstered defence spending after years of declines

Cyber bullies who insult or threaten other people on social media could face up to a year in prison or a fine up to 300,000 yen ($2,200) under new penalties that came into effect in Japan on Thursday

The 11% rise in earnings was attributed to demand for memory chips from server customers, which offset inflation-hit smartphone sales