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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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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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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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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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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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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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 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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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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Typhoon Capricorn, the strongest typhoon in Asia this year, is estimated to have caused economic losses in Vietnam of $3.31 billion, double previous estimates.
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Since 2022, the Fed has cumulatively reduced its balance sheet by $2.4 trillion through quantitative tightening (QT) policies, leading to a near depletion of liquidity in the financial system.
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