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South Korea warns Joe Biden’s EV subsidy scheme at risk of ‘collapse’: Seoul’s trade minister says China’s grip on graphite threatens Inflation Reduction Act ...
ft.com/content/7a7ba474-7068-46fc-89da-19d87e83f9d3
Quick Glance: South Korea warns of Joe Biden's EV subsidy scheme collapse
- Seoul’s trade minister warns of China's grip on graphite jeopardizing the Inflation Reduction Act incentives.
- Chinese companies control a significant portion of the global battery graphite market, risking qualification for Biden's subsidies.
- South Korean companies are already investing billions in technology facilities in the US to capitalize on subsidies.
- South Korea emphasizes the need to strengthen supply chain resilience and create new partnerships to reduce dependence on China.
North Korea leader Kim Jong Un inspects test-firing of multiple launch rockets, KCNA says
reuters.com/world/asia-pacific/north-korea-leader-kim-jong-un-inspects-test-firing-multiple-launch-rockets-kcna-2024-04-25/
Wealthy Koreans are twice as happy with life as non-rich: bank report : The richer people are, the more satisfied they are with their life and appearance ...
koreatimes.co.kr/www/biz/2024/04/175_373483.html
Japan March duty-free sales at department stores surge to record high - The Mainichi
mainichi.jp/english/articles/20240425/p2g/00m/0bu/045000c
Tokyo inflation slows for 2nd straight month, falls under BOJ goal: TOKYO (Reuters) -- Core inflation in Japan's capital slowed for a second month in April ...
asia.nikkei.com/Economy/Tokyo-inflation-slows-for-2nd-straight-month-falls-under-BOJ-goal
Bank of Japan may signal near-term rate hike with new price forecasts: The Bank of Japan on Friday is set to project inflation will stay near its 2% target in ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
Yen inches closer to intervention point as BOJ meeting starts: For the first time in over 30 years, the yen weakened beyond ¥155 per dollar ...
japantimes.co.jp/business/2024/04/25/markets/yen-falls-past-155/
South Korea prepares new monitoring system to detect illegal stock short selling: South Korea's financial market watchdog said on Thursday it had prepared a new ...
reuters.com/markets/asia/south-korea-prepares-new-monitoring-system-detect-illegal-stock-short-selling-2024-04-25/
Quick Glance: South Korea introduces monitoring system to curb illegal stock short selling
- South Korea's financial market watchdog has developed a new monitoring mechanism to detect illegal short-selling transactions in the stock market. Institutional investors will be electronically processed and filtered through a central detection system to prevent illegal trades.
- South Korea has made various reform efforts to address the 'Korea discount' in the stock market, where domestic companies have lower valuations compared to global peers due to factors like low dividend payouts and opaque governance structures.
- Last November, South Korea imposed a sudden ban on short selling of shares for the first half of the year after discovering illegal trades by foreign investment banks. Authorities stated that the ban would remain until adequate measures are in place to prevent such practices.
- The FSS aims to implement the new monitoring system swiftly after finalizing it, although no specific date was provided for the implementation.
Ramen is more than just a bowl of noodles, it is an experience and tourist attraction in Japan
apnews.com/article/japan-ramen-food-noodles-f7b36ca1fb7abc08c069bf8462e29dd6
The US quietly shipped long-range ATACMS missiles to Ukraine: The United States in recent weeks secretly shipped long-range missiles to Ukraine for use in its ...
reuters.com/world/us/us-quietly-shipped-long-range-atacms-missiles-ukraine-2024-04-24/
Quick Glance: USA Provides Ukraine with Long-Range ATACMS Missiles
- The USA delivered short-range ATACMS missiles with extended range to Ukraine to protect the country.
- The delivery was discreet, part of an aid package to maintain Ukraine's operational security.
- The USA previously provided ATACMS missiles with a range of 165 km last year, now supplying missiles with up to 300 km range.
- Germany rejects providing the Taurus missile while the USA offers extensive aid to Ukraine.
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain: The South Korean economy grew at the fastest pace in more than two years in the first ...
reuters.com/markets/asia/south-korea-q1-gdp-13-qq-beating-forecast-2024-04-24/
Quick Glance: South Korea Q1 GDP Growth Exceeds Estimates
- The South Korean economy grew faster than expected in the first quarter, driven by an increase in domestic consumption and robust exports. However, the sustainability of the recovery was questioned.
- GDP for the January-March quarter grew by 1.3%, marking the sharpest expansion since the fourth quarter of 2021 and surpassing all forecasts.
- Growth in domestic demand was the main factor behind the stronger-than-expected GDP, with private consumption increasing by 0.8%. Analysts expressed uncertainty regarding the long-term strength of economic growth.
- Despite a rebound in exports and an increase in government spending, uncertainty remains regarding inflation outlook and monetary policy, as the Bank of Korea reconsiders its economic growth projections for 2024.
New Zealand trampoline couple fall head over heels before Paris: For New Zealand's trampoline gymnastics team, the Paris Olympics will be a labour of love.
reuters.com/sports/new-zealand-trampoline-couple-fall-head-over-heels-before-paris-2024-04-25/
How US allies are preparing for a possible second Trump term - Asia & Pacific - The Jakarta Post
thejakartapost.com/world/2024/04/25/how-us-allies-are-preparing-for-a-possible-second-trump-term.html
North Korean official lambasts US over sanctions, state media says: North Korea will take more action to maintain its military power despite U.S ...
reuters.com/world/asia-pacific/north-korean-official-lambasts-us-over-sanctions-state-media-says-2024-04-24/
Quick Glance: Kim Leads Rocket Drills for Nuclear Counterattacks
- North Korean leader Kim Jong Un supervised rocket launches simulating nuclear counterattacks.
- The drills showcased the strength of the country's nuclear forces.
- The rockets were described as highly accurate and capable of carrying tactical nuclear warheads.
- The US and South Korea are responding with enhanced military exercises and nuclear deterrence strategies.
LG Energy Solution to minimise capex this year due to slow EV demand: South Korean battery maker LG Energy Solution (LGES) said on Thursday it plans to minimise ...
reuters.com/technology/battery-firm-lg-energy-solution-q1-profit-plunges-weak-ev-sales-2024-04-25/
Japan’s Rhythmic Gymnastics Team Adorned in Ukiyo-e; New Costumes Feature Hokusai’s Famous Wave
japannews.yomiuri.co.jp/sports/other-sports/20240425-182485/
Tepid economic data weighs on equities; yen sinks to fresh lows: Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook ...
reuters.com/markets/global-markets-wrapup-1-2024-04-25/
Morning Bid: Japan's FX no-show, Meta plunges: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-24/
Quick Glance: Market Volatility in Asia: Impact of Meta's Losses
- The depreciation of Asian currencies against the U.S. dollar and potential actions by monetary authorities are at the forefront of Asian markets.
- Post-market gains from U.S. tech giant Meta could impact Asian markets as shares dropped by 10% after trading hours.
- Concerns surrounding currencies are escalating as the dollar breached 155.00 yen on Wednesday without any indication of intervention from Japanese authorities. Will Tokyo take action?
- Given the current environment that led to a rare joint statement on exchange rates from the United States, Japan, and South Korea this month, no possibilities can be ruled out.
South Korean woman conned out of US$50,000 by fake Elon Musk she fell in love with on Instagram
scmp.com/news/asia/east-asia/article/3260197/south-korean-woman-conned-out-us50000-fake-elon-musk-she-fell-love-instagram
Quick Glance: South Korean Woman Falls Victim to $50k Elon Musk Deepfake Scam
- A South Korean woman was convinced to invest 70 million won ($50,770) after watching a fabricated video portraying someone who looked like Elon Musk, the CEO of Tesla, as reported locally on Tuesday.
- Jeong Ji-sun, identified by the pseudonym at KBS, disclosed her experience as a victim of a romance scam on KBS's 'In-Depth 60 Minutes.' During the episode on April 19, Jeong narrated her initial interactions with the scammer posing as Musk.
- Jeong's initial hesitations dissipated swiftly. The scammer forwarded his identification and a workplace photo to Jeong. Moreover, he discussed aspects such as his children and commuting to Tesla or SpaceX via helicopter. He further mentioned his sporadic outreach to fans.
- The program highlighted the prevalent use of AI in these romance scams. The swindler engaged in a form of deception known as 'pig butchering,' as explained by the producer. This approach involves gradually enticing victims to increase their contributions to an apparently legitimate investment before the perpetrator vanishes.
Markets Wary of Intervention as Yen Struggles at 155 Level
japannews.yomiuri.co.jp/news-services/reuters/20240425-182270/
SK Hynix to invest $3.86 bln in DRAM chip production in South Korea
reut.rs/3Ux58yf
Quick Glance: SK Hynix Anticipates Full Chip Recovery Post Q1 Profit Surprising AI Boom
- SK Hynix anticipates a complete recovery in memory chips due to AI demand, achieving its highest profit in nearly two years by selling advanced DRAM chips with High Bandwidth Memory (HBM) for generative AI chipsets.
- The company surpassed expectations for an operating profit of 1.88 trillion won by LSEG SmartEstimate, stating that the memory market is entering a full recovery cycle.
- SK Hynix is the biggest beneficiary of the explosive increase in AI adoption, serving as the main supplier of HBM chips for Nvidia's graphic processing units training AI systems.
- To outpace competition, SK Hynix announced a $3.87 billion investment to construct an advanced chip packaging plant in Indiana with an HBM chip line and research and development for AI products.
Korean Crypto Boom: Upbit Now a Top Global Exchange by Volume: The beating heart of the crypto bull market sweeping the world isn’t Miami, Paris or the Middle ...
bloomberg.com/news/articles/2024-04-25/korean-crypto-boom-upbit-is-now-a-top-global-exchange-by-volume
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Yen drops to 155 range, new 34-yr low against U.S. dollar - The Mainichi: NEW YORK (Kyodo) -- The yen weakened to the 155 range against the U.S ...
mainichi.jp/english/articles/20240424/p2g/00m/0bu/069000c
Record giant HYBE audits 'NewJeans' label as infighting returns to K-pop: South Korea's largest music company is auditing the management of one of its labels as ...
reuters.com/lifestyle/record-giant-hybe-audits-newjeans-label-infighting-returns-k-pop-2024-04-24/
Easy Japanese news in translation: 15,000 people take part in Tokyo Rainbow Pride event - The Mainichi
mainichi.jp/english/articles/20240424/p2a/00m/0na/008000c
Wendy’s releases Pretzel Roast Beef Burger aimed at foreign tourists in Japan: Wendy’s has released a limited-edition burger with a Western bent in Japan ...
japantoday.com/category/features/food/wendy%E28099s-releases-a-pretzel-roast-beef-burger-aimed-at-foreign-tourists-in-japan
New private rooms on Tokaido Shinkansen change the way we travel from Tokyo to Kyoto
japantoday.com/category/features/travel/new-private-rooms-on-tokaido-shinkansen-change-the-way-we-travel-from-tokyo-to-kyoto
Executives at Samsung now have to work six days instead of five: Because of the poor business figures for 2023, a “feeling of crisis” is intended to be conveyed ...
derstandard.at/story/3000000216674/fuehrungskraefte-bei-samsung-muessen-nun-sechs-statt-fuenf-tage-arbeiten
Hank Bank team serves guest workers in Korea: Banking services for guest workers are becoming increasingly crucial, as more foreign workers are entering and are ...
koreatimes.co.kr/www/biz/2024/04/126_373411.html
Everland celebrates spring with historic flower festivals: YONGIN, Gyeonggi Province — Everland, Korea's largest theme park, greets springtime picnickers with ...
koreatimes.co.kr/www/culture/2024/04/141_373444.html
Morning Bid: Yen on the brink, but Tesla pulls back: A look at the day ahead in European and global markets from Tom Westbrook
reuters.com/markets/europe/global-markets-view-europe-2024-04-24/
Waseda University’s Rugby Club Kicks Off New Era with 1st Women’s Team; Head Coach Former Member of Japan’s Rugby Sevens Team
japannews.yomiuri.co.jp/sports/rugby/20240426-182357/
Japan set for clean power surge in 2024: Japan's utilities are on track to boost clean electricity output to the highest levels in several years in 2024 ...
reuters.com/business/energy/japan-set-clean-power-surge-2024-maguire-2024-04-24/
U.S. official says Kishida and Yoon deserve Nobel Peace Prize: WASHINGTON/SEOUL -- A senior U.S. official said Wednesday that the leaders of Japan and South ...
asia.nikkei.com/Politics/Japan-South-Korea-ties/U.S.-official-says-Kishida-and-Yoon-deserve-Nobel-Peace-Prize
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Taiwan airport bus takes passengers for Tokyo, Osaka to same plane | Taiwan News | Apr. 24, 2024 20:34
taiwannews.com.tw/en/news/5672805
Crypto.com delays Korean market entry indefinitely : Crypto.com's entry into the Korean market has been delayed indefinitely due to regulatory issues.
koreatimes.co.kr/www/biz/2024/04/816_373373.html
Exclusive: South Korea considers easing bond market reporting rules, sources say: South Korea is considering easing real-time reporting requirements for ...
reuters.com/markets/asia/south-korea-considers-easing-bond-market-reporting-rules-sources-say-2024-04-24/
Quick Glance: South Korea Contemplates Easing Bond Market Reporting Rules
- South Korea is considering relaxing reporting requirements for investors in the bond market to facilitate inclusion in FTSE Russell's global bond index.
- Proposed changes may reduce reporting to once or twice daily and address a later reporting deadline.
- Easing these regulations could enhance the prospects of South Korean bonds being included in FTSE Russell's WGBI and attract billions of dollars in capital inflows.
- Recent reforms in South Korea aim to improve foreign investor access, including the elimination of a 30-year-old rule for foreign stock traders.
Japan supermarket sales grow 3.7% in FY 2023, biggest rise in 32 yrs - The Mainichi
mainichi.jp/english/articles/20240424/p2g/00m/0bu/012000c
The flight attendant who became CEO hopes more women will make it to the top: Mitsuko Tottori admits Japan has much more to do to get people like her into the ...
cnn.com/2024/04/24/business/japan-airlines-first-female-ceo-interview-intl-hnk/
Record giant HYBE audits 'NewJeans' label as infighting returns to K-pop: South Korea's largest music company is auditing the management of one of its labels as ...
reuters.com/lifestyle/record-giant-hybe-audits-newjeans-label-infighting-returns-k-pop-2024-04-24/
Japanese Gacha machine dispenses Intel Core i7-8700 for just $3.25: The machine was highlighted by X/Twitter user LaurieWired (via Tom's Hardware) ...
techspot.com/news/102720-japan-gacha-vending-machine-dispenses-intel-core-i7.html
Quick Glance: CPU Gacha Machine in Japan: Core i7-8700 for $3
- A CPU Gacha machine in Japan dispenses Intel processors. One user got an Intel Core i7-8700 for $3.
- The machine contains various Intel CPUs, possibly including older or defective models.
- Located in front or inside a computer store called 1's PC, the machine could be a way to get rid of old or defective CPUs.
- Despite issues with one core, the affordable Core i7-8700 was able to run Windows and pass benchmarks.
Hyundai Motor to bolster hybrid sales amid falling EV sentiment : Hyundai Motor will boost sales of its hybrid cars and SUVs as part of its key strategy to ...
koreatimes.co.kr/www/tech/2024/04/419_373481.html
Convenience stores become popular sales platform for small gold bars : Amid rising gold prices, Koreans are hoarding gold sold at convenience stores as an ...
koreatimes.co.kr/www/biz/2024/04/126_373482.html
WADA launches independent review of its decision to allow Chinese swimmers in Tokyo Olympics
wionews.com/sports/wada-launches-independent-review-of-its-decision-to-allow-chinese-swimmers-in-tokyo-olympics-715005
Japan's corporate service inflation perks up in March: Japan's annual business-to-business service inflation accelerated for the second month to hit 2 ...
reuters.com/markets/asia/japans-corporate-service-inflation-perks-up-march-2024-04-24/
Private rooms coming to some of Japan’s bullet trains: Japan’s beloved Shinkansen trains are getting another upgrade – private rooms with doors in the upper ...
cnn.com/travel/private-rooms-japan-bullet-trains-intl-hnk/
IPL: The batting blitz turning cricket into baseball: Indian Premier League batters are fearlessly unleashing big shots, every match a six-hitting spectacle.
bbc.com/news/world-asia-india-68872429
Police operation: Store opening of Berlin brand 032c in Seoul calls for law enforcement officers
berliner-zeitung.de/stil-individualitaet/polizei-einsatz-store-opening-von-berliner-marke-032c-in-seoul-ruft-ordnungshueter-auf-den-plan-li.2209134
'City Hunter' manga hero drops sexism for new live-action film: Attracting global audiences with a live-action adaptation of a classic Japanese manga can be ... Show more #Japan #JapanToday #news
South Koreans sue government over climate change, saying it's violating human rights
npr.org/2024/04/24/1246784475/south-korea-lawsuit-government-climate-change-violating-human-rights
South Korea's 'first' sex festival gets cancelled. Here's what changed its fate
wionews.com/world/south-koreas-first-sex-festival-gets-cancelled-heres-what-changed-its-fate-714830
Smoke seen as ANA flight carrying about 200 people lands safely in northern Japan, public TV says
apnews.com/article/japan-ana-smoke-sapporo-landing-b86e5f14f9f59fb8fcae911fd6b65b95
Imperial graveyard visit: Princess Aiko visits the tomb of the late Empress Nagako who died in 2000, at the Musashi Imperial Graveyard in Hachioji, western Tokyo ...
japantoday.com/category/picture-of-the-day/imperial-graveyard-visit
Kep1er in talks to extend group activities : Project girl band Kep1er, formed via the 2021 audition show 'Girls Planet 999,' is in talks to extend its group ...
koreatimes.co.kr/www/art/2024/04/732_373489.html
Oil sprays from an ANA flight carrying 213 people as it lands in Hokkaido: Oil sprayed from an All Nippon Airways plane as it landed Wednesday at Shin Chitose ...
japantoday.com/category/national/Oil-sprays-from-an-ANA-flight-carrying-213-people-as-it-lands-in-Hokkaido
Unruly Korean passenger forces flight from Europe to make emergency landing : A Korea-bound flight from Hungary had to make an emergency landing in Kazakhstan on ...
koreatimes.co.kr/www/nation/2024/04/113_373368.html
Japan's ANA and Air India to operate codeshare flights: TOKYO -- All Nippon Airways will partner with Air India to offer codeshare flights from late May ...
asia.nikkei.com/Business/Transportation/Japan-s-ANA-and-Air-India-to-operate-codeshare-flights
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New workers name Shohei Ohtani as 'dream boss' for two years running: Announcer Asami Miura and 16th-century warlord Oda Nobunaga also featured in a survey on ...
japantimes.co.jp/news/2024/04/24/japan/society/shohei-ohtani-dream-boss-new-employees/
Imported liquor prices set to increase amid high exchange rate, logistics costs : Various imported liquors here are raising their prices due to the strengthening ...
koreatimes.co.kr/www/tech/2024/04/419_373468.html
Sumo: Top prospect Onosato apologizes for underage drinking incident - The Mainichi
mainichi.jp/english/articles/20240424/p2g/00m/0sp/059000c
Korean man sentenced to 14 months in jail for killing 76 cats: A Korean man has been sentenced to 14 months in prison for killing 76 cats in one of the country's ...
koreatimes.co.kr/www/nation/2024/04/371_373315.html
New method introduced to crack down on street prostitution in Tokyo's Kabukicho district - The Mainichi
mainichi.jp/english/articles/20240425/p2a/00m/0na/004000c
Hiroyuki Sanada Explains ‘Shogun’ Ending and Season Two: Shōgun’s Hiroyuki Sanada on off-screen methods, onscreen battles, and the scene that nearly moved him to ...
vulture.com/article/hiroyuki-sanada-shogun-ending-explained-season-2.html
DP World Tour ISPS Handa Championship coming to Japan this weekend: Japanese and European golf stars will battle for the tour’s penultimate event in its Asian ...
japantoday.com/category/sports/dp-world-tour-isps-handa-championship-coming-to-japan-this-weekend
Shohei Ohtani finding comfort zone with scandal (mostly) behind him. Watch out, MLB teams.
usatoday.com/story/sports/mlb/columnist/gabe-lacques/2024/04/24/shohei-ohtani-stats-scandal-dodgers-first-month/73445941007/
Hotel at new Tokyo DisneySea area shown to press: The minimum overnight fee for the hotel's two buildings is ¥66,000 for rooms at the Fantasy Chateau and ¥341 ...
japantimes.co.jp/business/2024/04/24/companies/disney-sea-new-hotel-opens-in-june/
This 'supereasy ramen' recipe shows how easy it is to make the Japanese noodle dish at home
bloomberg.com/en/news/thp/2024-04-25/this-supereasy-ramen-recipe-shows-how-easy-it-is-to-make-the-japanese-noodle-dish-at-home
Samsung workers threaten biggest ever union action: Tech Latest by Nikkei Asia brings you the newest updates from Asia's technology industry ...
asia.nikkei.com/Spotlight/Podcast/Podcast-News-Roundup/Samsung-workers-threaten-biggest-ever-union-action
Japan’s Nikkei Closes above 38,000 Points as Tech Shares Soar (Update 1)
japannews.yomiuri.co.jp/news-services/reuters/20240424-182090/
Canoe queen Carrington looks to add to New Zealand record haul in Paris: Canoe sprint champion Lisa Carrington became New Zealand's most decorated Olympian at ...
reuters.com/sports/canoe-queen-carrington-looks-add-new-zealand-record-haul-paris-2024-04-24/
SOCCER/ Yokohama reaches Asian Champions League in penalty shootout nailbiter | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15245289
Aerospace professor, ex-NASA executive to lead inaugural Korean space agency: President Yoon Suk Yeol named aerospace engineering professor Yoon Young-bin as the ...
koreatimes.co.kr/www/tech/2024/04/133_373386.html
Femtech event in Japan speaks out on taboo health issues: A promising niche in Japan's tech industry is struggling to overcome social stigmas ― and a mess of red ...
www3.nhk.or.jp/nhkworld/en/news/backstories/3279/
Tokyo Tsukiji fish market site to be redeveloped with 50,000-seat stadium, hotel, shopping center
japantoday.com/category/national/okyo-tsukiji-fish-market-site-to-be-redeveloped-with-50-000-seat-stadium-hotel-shopping-center-1
Goldman Sachs to name Hidehiro Imatsu as Japan unit president: TOKYO -- Goldman Sachs is set to name Hidehiro Imatsu, a 52-year-old Japanese manager at the ...
asia.nikkei.com/Business/Finance/Goldman-Sachs-to-name-Hidehiro-Imatsu-as-Japan-unit-president
Chinese swimmers head to Paris Olympics under a cloud amid row over handling of drugs tests
cnn.com/2024/04/23/sport/china-swimming-doping-paris-olympics-spt-intl/
Traveling in Japan? Fill your suitcase with these six healthy food souvenirs: As you make your way through the crowds in some of Japan's most popular cities ...
japantoday.com/category/features/food/traveling-in-japan-fill-your-suitcase-with-these-six-healthy-food-souvenirs
When China Banned Korean Boy Bands: Back in 2017, when South Korea opted to deploy the U.S. THAAD system, one response from China was to ban K-pop acts from ...
buff.ly/3WbXF95
DisneySea reveals new hotel in Fantasy Springs area to open in June - The Mainichi
mainichi.jp/english/articles/20240424/p2g/00m/0et/005000c
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