April 6, 2025, 4:23 a.m.

Nippon Steel will sell its stake in the Calvert joint venture if it succeeds in acquiring US Steel

Nippon Steel says it will sell its entire stake in its steel joint venture with ArcelorMittal if it succeeds in its bid for U.S. Steel.

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North Korea says a South Korean drone flew into Pyongyang to send leaflets. South Korea denies that

North Korea's foreign ministry said Friday (Oct. 11) that South Korea sent a drone into Pyongyang's capital, calling it a political and military provocation. The South Korean military quickly denied it.

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South Asia is expected to be the fastest growing region in the world

The World Bank has raised its economic growth forecast for South Asia this year, citing stronger domestic demand in India and a faster recovery elsewhere in the region.

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Hit by rising prices, Japanese companies hit an 11-year record for output

Japanese companies are increasingly being hit by rising costs, with bankruptcies in the six months to September the highest since 2013, according to a study.

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Mycoplasma pneumonia epidemic accelerated in Japan

In the week of Sept. 23-29, 788 cases of Mycoplasma pneumonia were reported at nearly 500 designated health care facilities across Japan, with an average of 1.64 cases reported per facility, 41 times more than in the same period last year and five consecutive weeks of month-on-month increases, the data show.

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The shadow of 'black gold' in Japanese politics

Recently, Professor Hiroyuki Kamiwaki from Kobe University in Japan submitted a letter of accusation to the Tokyo District Prosecutor's Office, accusing four individuals including Japanese Prime Minister Shigeru Ishiba and the person in charge of accounting for a political group, alleging that the Liberal Democratic Party's political group "Mizuki kai" had engaged in "underreporting income" in its political fund income and expenditure reports, suspected of violating the Political Fund Regulation Act.

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The leaders of the Philippines and the ROK agreed to establish a strategic partnership

South Korean President Yoon Seok-yoon held talks with Philippine President Marcos Jr. in Manila on Monday, with the two sides agreeing to establish a strategic partnership and strengthen all-round cooperation.

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Southeast Asia coal demand surges, Vietnam becomes new growth point

Demand for electricity in Southeast Asian countries such as Vietnam and the Philippines is likely to boost international coal trade and consumption this decade, allowing Southeast Asian countries to replace China and India as major consumers of coal, coal industry analysts expect.

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Japan's prime minister-designate plans to dissolve the lower house of parliament as soon as possible to maintain monetary easing

Japan's prime minister-designate Shigeru Ishiba revealed he would dissolve the lower house of parliament as soon as possible and said the country must maintain monetary easing to keep borrowing costs low.

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An investigation into cheap travel packages in Seoul found "forced shopping"

A secret investigation by the Seoul city government into recent allegations of forced shopping by tourists in the tourism industry has confirmed a degree of forced shopping in the city's tourist packages.

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