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As Chinese tourists pull back from visiting Japan amid a diplomatic row, a slumping won is positioning South Korea as the new bargain destination for mainland travellers, analysts said. The Korean won has become Asia’s worst-performing currency in the second half of the year, weighed down by an interest rate gap with the United States and sustained equity outflows to the US mark...
A total of 3,498 properties around critical security facilities and remote islands in Japan were bought by foreign individuals or entities in fiscal 2024, with nearly half from China, a government study showed on Tuesday. Separately, the government announced it will demand from April 2026 increased disclosure when corporations attempt to acquire forested lands or properties deem...
Japanese Prime Minister Sanae Takaichi’s revival of Tokyo’s claim to islets whose symbolic weight far outweighs their size has rekindled an old dispute that may play well with nationalist supporters at home, but risks derailing hard-won diplomatic progress abroad. Seoul swiftly shot down Takaichi’s assertion last week that the rocky outcrops, known as Takeshima to Japan and Dokd...
Kim Jong-un has publicly mourned nine North Korean soldiers killed in Russia, in a rare display of grief analysts say belies a harder message of military solidarity with Moscow and rising expectations of compensation. North Korean state television broadcast scenes of Kim greeting wounded soldiers in wheelchairs and consoling relatives of the fallen during a welcome ceremony in P...
South Korea’s former president Yoon Suk-yeol began plotting to impose martial law barely a year after taking office, aiming to cling to power by provoking a military confrontation with North Korea, special investigators have found. Announcing the results of a 180-day investigation on Monday, special prosecutor Cho Eun-suk said Yoon and his closest aides had devised a scheme to f...
