South Korea
South Korean users flock to YouTube and Instagram as local platforms struggle
In September, a significant shift in digital engagement was observed among South Korean users, as American social media giants YouTube and Instagram reported impressive gains in usage, while domestic platforms like KakaoTalk and Naver faltered
Taiwan, Japan and ASEAN member nations deliver a diplomatic broadside to China
Taiwan President William Lai on October 10 – the nation’s National Day - vowed to safeguard the island’s self-governing status in his most prominent public address to date since taking office earlier this year
CENTRAL ASIA BLOG: Is proposal that “international consortium” should build Kazakhstan’s nuclear plant merely cosmetic?
CENTRAL ASIA BLOG: Is proposal that “international consortium” should build Kazakhstan’s nuclear plant merely cosmetic?
South Korea probes TikTok over alleged data consent violations
South Korea’s media regulator, the Korea Communications Commission, is preparing to investigate TikTok for potentially breaching the country’s personal data protection laws
South Korea's inflation hits 3.5-year low, sparking interest rate speculation
South Korea's inflation has reached its lowest point in three and a half years, with consumer prices rising just 1.6% y/y in September, marking the first time since early 2021 that inflation has dipped below 2%
South Korea, Japan to join NATO's defence summit: a new era of Indo-Pacific cooperation
South Korea, Japan, Australia, and New Zealand will join NATO’s defence ministerial meeting for the first time later this month
Rising gold ETF inflows set to drive global bullion prices
Inflows into gold exchange-traded funds (ETFs), particularly from Western investors, are expected to increase in the coming months, adding more upward momentum to already record-high bullion prices, analysts have said
OnlyFans CEO set to face Korean lawmakers
Keily Blair, the CEO of OnlyFans, has been summoned to testify before the Korean National Assembly as part of an upcoming audit focused on digital sex crimes
Sinar Mas and Korean firm partner to develop $300mn data centre
SMPlus Digital Investama, controlled by Indonesia's Widjaja family and partnered with Korea Investment Real Asset Management, is set to develop a $300mn data centre in Jakarta's business district, supported by tycoon Kim Nam-goo
Korean AI chipmakers Rebellions and FuriosaAI set to challenge Nvidia’s dominance
The Korean artificial intelligence semiconductor sector is poised for a significant shift as two homegrown firms, Rebellions and FuriosaAI, prepare to make major moves that could disrupt the established market leaders, including Nvidia
Asian LNG imports climb as demand in Europe remains muted
Asia is poised to post its highest LNG import numbers since the start of the year in July as demand surges despite rising spot prices in the region.