Asia markets mostly fall as Japan corporate inflation climbs; New Zealand rate decision on tap
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Asian news from South Korea
Steak, cherry blossoms and Paul Simon will be featured at the White House state dinner for Japan
Dry-aged rib eye steak, cherry blossoms and the music of Paul Simon are on tap for more than 200 guests who are expected to attend a swanky White House state dinner on Wednesday to celebrate the relationship between the United States and Japan.
South Korea’s president faces a major test in a crucial parliamentary election
SEOUL, South Korea (AP) — South Koreans vote Wednesday in a hotly contested parliamentary election that’s largely seen as a referendum on conservative President Yoon Suk Yeol and a possible sign of a deepening domestic divide.
South Korean, European EVs secure U.S. tax credits via lease loophole
WASHINGTON -- The ratio of leases among electric vehicle sales in the U.S. has risen as high as 90% for some models, as overseas automakers take advantage of a loophole that allows some foreign-made cars to receive the same tax credits as those assembled in America.
South Korean chicken joint Mom's Touch to make Japan debut in Shibuya
TOKYO -- Popular South Korean fast casual restaurant chain Mom's Touch will open its first permanent location in Japan in Tokyo's Shibuya district on April 16, making a play for Gen Z after a successful pop-up store run.
South Korean tiremakers eye EV market for new growth
SEOUL -- South Korean tiremakers are setting their sights on electric vehicles as demand for original and replacement equipment is expected to grow steadily despite a recent EV market slowdown.
U.S. to award Samsung up to $6.6 billion chip subsidy for Texas expansion: Reuters
The Biden administration plans to announce it is awarding more than $6 billion to South Korea's Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipmaking in the U.S., two people familiar with the matter said.