Taiwan’s Delta Briefly Tops NT$5 Trillion Market Cap as Shares Hit Record Taiwan power supply unit maker Delta (Taidah Electronics Inc.) saw its shares rise to NT$1,980 on the Taiwan stock market on April 20, briefly pushing its market capitalization above NT$5 trillion, the Economic Daily reported April 21. The report said buying spread after moves by institutional investors. Delta is the second company in Taiwan to exceed a NT$5 trillion market cap, after Taiwan Semiconductor Manufacturing Co., the world’s largest foundry chipmaker. Delta reported consolidat April 22, 2026

Why South Korea Sees the Global South as a Supply-Chain Lifeline, Not an ‘Alternative Market’ “Alternative market” is the label often attached to the Global South. But it no longer fits. India and Vietnam are no longer just low-cost production bases meant to replace China. With U.S.-China tensions, war in the Middle East and U.S. tariff pressure colliding, the Global South is increasingly where South Korea must operate to keep its economy resilient. In India, the shift is already visible in the numbers. POSCO’s planned 10 trillion won steel mill with JSW is hard to view as a routine inv April 22, 2026

PPP Floor Leader Song Eon-seok Calls for Major Shift in Housing Policy, Urges Unification Minister’s Dismissal Song Eon-seok, floor leader of the People Power Party, on the 22nd took aim at what he called risks tied to the Lee Jae-myung government’s real estate policy and Unification Minister Jeong Dong-young. He urged a fundamental shift in housing policy and called for Jeong’s immediate dismissal. At a news conference at the National Assembly, Song said the government’s efforts to curb housing demand have reduced listings and transactions and produced “various side effects.” He pointed to the April 22, 2026

South Korean Ruling Party Candidates Sideline Jang Dong-hyeok as Local Election Tensions Grow People Power Party candidates running in the June 3 local elections are increasingly keeping their distance from party leader Jang Dong-hyeok, as internal disputes over nominations continue and his recent U.S. trip draws criticism. In key battlegrounds including Seoul, Gyeonggi Province and the Daegu-North Gyeongsang region, candidates and lawmakers are moving to set up their own campaign committees, effectively sidelining the central leadership. Jang on the 22nd began his first regional April 22, 2026

Lotte Chairman Shin Dong-bin Eyes Faster Expansion in Vietnam During State Visit Shin Dong-bin, chairman of Lotte Group, is traveling to Vietnam as part of an economic delegation accompanying President Lee Jae-myung on a trip to India and Vietnam, drawing attention to whether the group will accelerate its local expansion. Lotte has long positioned Vietnam as a key overseas base to overcome growth limits in its domestic retail business. Industry officials said April 22 that Shin is expected to strengthen ties with Vietnamese political and govern April 22, 2026

Harim skips preliminary bid, emerges as preferred bidder for Homeplus Express Harim Group has jumped into the final bidding for Homeplus Express after skipping the preliminary round and has been named the preferred bidder, industry officials said. The move is widely seen as part of a broader shift in Harim’s distribution strategy. According to the industry on the 22nd, Homeplus, which is undergoing corporate rehabilitation proceedings, selected NS Home Shopping, an affiliate of Harim Group, as the preferred negotiating partner for the sale of its corporate sup April 22, 2026

Solo Bids Rise in Seoul Redevelopment as Builders Target Only Prime Projects Rising construction costs and weaker profitability are pushing South Korean builders to pursue “selective bidding” rather than aggressive head-to-head competition, reshaping Seoul’s redevelopment market around solo bids. In that shift, DL E&C has effectively secured the first builder’s role in the Mokdong reconstruction market by emerging as the only bidder for the Mokdong New Town Complex 6 project, seen as the fastest-moving among the area’s major rebuilds. According to the redevelopme April 22, 2026

Seoul mayoral candidate Jung Won-oh proposes 700,000 won 'first independence' grant for young adults Jung Won-oh, the Democratic Party’s candidate for Seoul mayor, met with young office workers on April 22 as he stepped up his street-level campaign focused on livelihoods. He said he understood their concerns about living costs, noting that “in reality, real income is declining in some ways.” Jung made the remarks during his third “Seoul In(people)terview” lunchtime session for office workers, held in Jung-gu, central Seoul. A participant identified only by the surname Kim said lunch in April 22, 2026

Korean Card Issuers Face Profit Squeeze as Mid-Rate Loans Rise and Card Loans Are Curbed Korean card issuers are being squeezed as they are pressed to expand mid-rate lending while facing tighter limits on card loans, a key profit driver. The policy mix is forcing companies to grow lower-margin loans and rein in higher-margin products, increasing strain across the industry. In the first quarter, card issuers’ mid-rate loan originations totaled 2.5708 trillion won, the highest quarterly figure on record, according to the financial sector on Tuesday. The rise contrasted with a April 22, 2026

Thailand’s SSP to Sell Stake in Yamaga Solar Plant in Japan’s Kumamoto Thailand-based solar power company SSP (Sermsang Power Corporation) said its board on the 9th approved a plan to sell the Yamaga Solar Power Plant it operates in Japan’s Kumamoto prefecture. According to a filing with the Stock Exchange of Thailand (SET), SSP will sell its 90% stake in the plant, held through subsidiaries Sergi Energy and S Global Power, to a Japanese renewable energy power producer. The sale price is expected to be about 4.976 billion yen, and the transaction is set to b April 22, 2026