Japan's corporate governance reforms show way for China, South Korea
Haonan Wu is manager of engagement (Japan, China and South Korea) for EOS at Federated Hermes.
Asian news from South Korea
South Korea's ruling PPP picks ex-justice minister as new leader
GOYANG, South Korea -- South Korea's ruling conservative party selected a former justice minister now at odds with President Yoon Suk Yeol as its leader on Tuesday as part of efforts to rebuild after a stinging defeat in legislative elections earlier this year.
Heading to Asia, Blinken aims to shore up Indo-Pacific ties and stress US commitment to the region
WASHINGTON (AP) — Ignoring the political chaos surrounding President Joe Biden’s decision to end his reelection campaign, Secretary of State Antony Blinken will head to Asia this week on a long-planned eight-day trip aimed at shoring up ties with Indo-Pacific allies and partners but with the priority of assuring them that the United States remains committed to the region.
South Korean court approves arrest warrant for Kakao founder
A South Korean court approved early on Tuesday a prosecution request for a warrant to arrest Brian Kim, the billionaire founder of tech giant Kakao Corp, on accusations of stock manipulation during a 2023 acquisition.
China's CSI 300 leads declines in Asia amid mixed trading in the region; India markets fall after budget
Asia-Pacific markets traded mixed on Tuesday after Wall Street looked past political uncertainty to log gains overnight, with China stocks leading declines.
Kakao founder Kim Beom-su arrested for alleged stock manipulation
SEOUL -- The founder of South Korea's leading internet company, Kakao, has been arrested over alleged stock manipulation, creating uncertainties for the tech conglomerate known for its popular KakaoTalk chat app.
Alibaba's Taobao takes on Temu, Shein with free overseas shipping
HONG KONG -- Taobao, the flagship retail platform of China's Alibaba Group, will introduce free overseas shipping on apparel orders as it attempts to challenge cross-border e-commerce rivals Temu and Shein.
Founder of South Korea’s Kakao arrested for suspected stock manipulation
Seoul, South Korea —The billionaire founder of South Korean tech giant Kakao Corp, Kim Beom-su was arrested on Tuesday on accusations of manipulating stocks during the acquisition of a K-Pop agency last year.