Economy

South Korean President Moon Jae-in wants to raise the corporate income tax rate for large companies, but additional reforms are needed to avoid stifling business investment.
Economy

South Korean corporate tax hike risks investment decline

Broader capital gains tax might generate more revenue from the wealthy

10 August 2017
North Korean Foreign Minister Ri Yong Ho, seen here in Manila on Aug. 7, has been in the spotlight at the ASEAN meetings in the Philippines.
Economy

North Korea vows 'thousands-fold' revenge on US over sanctions

Chinese foreign minister says Pyongyang's provocations are at a 'tipping point'

7 August 2017
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Economy

North Korea rejects Seoul's 'insincere' talks offer

Foreign ministers of two Koreas meet in Manila

7 August 2017
South Korean President Moon Jae-in, center, speaks during a cabinet meeting at the presidential Blue House in Seoul on July 25.
Economy

South Korea proposes tax hikes for big corporations, wealthy

Corporate rate for top segment to rise from 22% to 25%

2 August 2017
New smartphones from Samsung helped spur consumption.
28 July 2017
Engineers assemble a FA-50, South Korea's first home-built light fighter, at a plant of the Korea Aerospace Industries in Sacheon on August 14, 2013.
Economy

CEO of top South Korean military supplier resigns over corruption scandal

Ha of KAI suspected of manipulating costs of helicopter, aircraft development

20 July 2017
5G technology will have transmission speeds that are 10 to 100 times faster than existing mobile services.
Economy

Global standard coming for next-generation mobile service

Common specs for 5G to lower costs and speed 'internet of things'

20 July 2017
Tourists in Kyoto. Visitors from the U.K., Italy and elsewhere in Europe stayed longer and spent more in Japan during the April-June period.
Economy

Tourists to Japan boosted spending 13% in April-June

Tally tops $8bn, reaching record as visitor numbers grow

19 July 2017
South Korea's Shin Textile Solutions in Bole Lemi Industrial Park mainly produces sportswear.
Business

Chinese, South Korean, Indian apparel makers landing in Ethiopia

Young, low-wage labor attracting garment companies from around world

17 July 2017
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Economy

US viewed as world economic leader, but gap with China narrows

Impressions of American strength highest in Japan, South Korea amid decline in EU

14 July 2017
U.S. President Donald Trump, right, meets with his South Korean counterpart, Moon Jae-in, at the White House on June 30.
14 July 2017
President Donald Trump answers a question as he departs the White House on July 12 in Washington.
Economy

US demands renegotiation of South Korea free trade pact

Move seen as way to force Seoul to adopt Washington's stance on North Korea

13 July 2017
A woman looks at recruiting information during a job fair in Seoul.
Economy

South Korean jobs rise at lowest rate in five months in June

Parliament under pressure to pass extra-budget bill designed to create more jobs

12 July 2017
Trucks transporting containers with imported items are prepared to leave a port in Manila, Philippines.
Economy

Philippine officials welcome record $2.75bn trade deficit

Economic growth and infrastructure push seen driving the surge in May imports

11 July 2017
A poorly anchored exchange rate left the Indonesian rupiah open to violent fluctuations.
Economy

Stephen Grenville: How the Asian financial crisis exposed neoliberalism's limits

The West's response to the global crisis was vastly different

6 July 2017
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Economy

ASEAN's manufacturing index comes in flat as demand wanes

Japan and South Korea get a dose of good news as activity picks up

6 July 2017
Indonesia was one of the Southeast Asian countries to log a contraction in manufacturing last month.
Economy

ASEAN manufacturing snaps 5-month growth streak

Bloc's PMI turns flat in June; spare capacity expected to hinder hiring

5 July 2017
South Korean President Moon Jae-in looks at U.S. President Donald Trump after delivering a joint statement from the Rose Garden of the White House in Washington on June 30.
Politics

Less-hawkish Trump tries to rope Moon into reopening trade deal

US leader throws dovish South Korean counterpart a bone on security

4 July 2017
Even on holidays, many patients go to a hospital operated by TMSS in Bangladesh.
Economy

Philanthro-capitalism sprouts in South Korea

Public outcry over economic disparity has companies advancing a social agenda

2 July 2017
Lei Yong Sheng, general secretary of the Lao Niu Foundation, speaking at the Asian Venture Philanthropy Network conference in Bangkok in June (Photo by Marwaan Macan-Markar)
Economy

Asia gets wise to 'art of giving'

Philanthropy gains hold in the region amid steady rise in charitable donations

30 June 2017
A poorly anchored exchange rate left the Indonesian rupiah open to violent fluctuations.
Economy

Asian financial crisis exposed limits of neoliberalism

Vulnerabilities remain 20 years on, despite West facing similar challenges

28 June 2017
Over the last three months, South Korean, Indonesian and Malaysian stocks have risen despite jitters in China's markets.
Economy

Asian markets brush off concerns about China, Fed

Stronger economic fundamentals bolster region's resilience

27 June 2017
The Kori No. 1 reactor, right, in Ulsan, South Korea
Economy

How Moon can recharge South Korea's batteries

Green energy could be Seoul`s next boom industry

26 June 2017
Bank of Korea Governor Lee Ju-yeol indicated his support for the government's policy in a meeting with reporters in Seoul on June 22. (Photo provided by the Bank of Korea)
Economy

South Korean central bank chief backs Moon on growth

Governor Lee wary over effect of Fed's move to cut balance sheet

22 June 2017
This file photo shows an intercept missile being launched by a THAAD system. © Reuters
Business

South Korean tourists sanction China, opt for Japan

Tourists from South Korea decide to make their own foreign policy

21 June 2017