East Asian rate decoupling: A tale of four economies

SEOUL, January 16 (AJP) - East Asia is no longer a monolith but a disparate economic powerhouse that accounts for roughly a quarter of global GDP and a third of world trade. For years, the combined output of its leading quartet—China, Japan, South Korea and Taiwan—has surpassed that of the euro zone, underpinned by an export engine that remains the envy of the West. Beneath this shared headline

U.S. TSMC deal signals more deal-making for Seoul and pledges from chipmakers

SEOUL, January 16 (AJP) - In the tariff deal Seoul and Washington signed last October, South Korea was promised it would not be treated less favorably than Taiwan. But Taiwan’s newly secured tariff exemptions tied to expanded U.S. investment are now forcing Seoul and Korean chipmakers back to the negotiating table with fresh offers. Taiwan’s tariff outcome has been closely watched in Seoul, given

KOSPI stretches rally to 11 sessions, with gains now eclipsing past cycles

SEOUL, January 16 (AJP) - South Korean stocks extended their historic advance on Friday, pushing the KOSPI up for an 11th consecutive session and underscoring a rally that has grown not only longer, but materially stronger than previous market upswings. The benchmark index rose 0.9 percent to close at 4,840.7, marking a 13.8 percent gain since Jan.2 as the market continued to notch new highs with near-daily regu