Indo-Pacific
Biden, Yoon agree to work toward rules-based Indo-Pacific
U.S. explores deploying more weapons, conducting bigger military drills
South Korea
Automobiles
Hyundai Motor Group to spend $5.5bn on first EV, battery plants in U.S.
Vehicle factory in Georgia expected to begin commercial output in first half of 2025
Supply Chain
Biden visits Samsung's chip plant to highlight economic security
President calls for supply-chain coordination among value-sharing partners
Indo-Pacific
Biden shifts focus back to Indo-Pacific with first trip to region
U.S. president visits South Korea before moving to Japan for Quad summit
Materials
Lotte Chemical to pour $8bn into battery materials and hydrogen
Focus on growth fields to help nearly triple overall revenue by decade's end
Business deals
Eneos unit to sell South Korea copper smelter stake for $730m
Proceeds will be used to ramp up investment in advanced chip materials
Markets
Asian markets tumble as investors fear stagflation
Stocks in Japan and China follow lead from decline in U.S. retailers
Biden's Asia policy
Indo-Pacific Economic Framework is not an FTA: 5 things to know
Tailored pact seeks to counter China's clout while protecting U.S. workers
Startups
Japan's SBI to invest in Asian tech with new Singapore fund
Financial giant partners with local university, South Korean insurance group
Companies
Hyundai plans to invest $16.5 bln in South Korea EV business
Auto group plans to build 1.44 million EVs a year at home by 2030.
International relations
Japan, U.S., South Korea defense chiefs to meet in June
Inauguration of new South Korean president opens door to rapprochement with Tokyo
Transportation
Singapore Airlines trims losses as Asia travel slowly rebounds
Japan and South Korea peers also look to ride elusive COVID recovery tailwind
Media & Entertainment
BTS agency Hybe looks to churn out more K-pop idols
South Korean company delves into games and NFTs to diversify profit base
Automobiles
Fast-charging Tesla and Hyundai leave Japanese EVs in the dust
Toyota and Nissan models are only compatible with low-output chargers
Your Week in Asia
Biden's Asia trip, Australia election, APEC Trade Ministers' Meeting
Your weekly lineup of Asia's biggest business and political events
Cryptocurrencies
Crypto 'death spiral' shocks users, emboldens regulators
Collapse of TerraUSD stablecoin was the danger watchdogs had flagged
Retail
Coupang raises membership fee, Amazon-style, in pivot to profit
SotfBank-backed e-commerce company narrows loss for 1st quarter
N Korea at crossroads
North Korea fires 3 ballistic missile off its east coast
South Korea and Japan armies report test, which comes after Saturday's
SoftBank
SoftBank's Son turns defensive in face of record $16bn loss
Group vows to scale back new investments after tech sell-off hits its portfolio
The Nikkei View
Yoon should handle Japan-South Korea ties with a global mind
Only a comprehensive settlement based on trust can break the current stalemate