The talks in Los Angeles will seek to agree on a framework for economies to engage on trade and data flows, environmental and labour standards, supply chains and anti-corruption efforts

Hynix’s parent, the SK Group, also recently announced plans to build a chip packaging facility in the United States

"I believe that after this period of combat readiness missions, our national military's combat skills are more mature and its combat power is more powerful," President Tsai said.

Businesses in Japan and South Korea were bracing themselves as Typhoon Hinnamnor began to pound their shores

World's largest contract chipmaker TSMC is building a $12 billion semiconductor plant in US state of Arizona

The US dollar hit a 24-year high of 139.69 after gaining about 0.5% against the Japanese yen on Thursday, as investors brace for more US rates hikes.

Most Asian markets slipped on Wednesday as investor worries about monetary tightening were inflamed by strong US jobs data. But stocks in Korea edged up slightly

"We will change [these old rules] promptly," Digital Affairs Minister Tara Kono was quoted as saying, as he outlined plans to move government data online.

Toyota now plans to outlay $3.9 billion on an EV battery plant in North Carolina, it said on Wednesday, partly because of rising consumer demand.

China stocks slipped again on Tuesday amid concern about Covid restrictions, but markets in Japan, Australia and India all climbed higher. Eyes are now on US data on Friday.

Bilateral deal with South Korea is a move to attract investment to develop the electric vehicle and batteries industry, while most Southeast Asian nations, China and Australia are in RCEP

Asian shares fell across the board on Monday as thoughts of more US and EU rate hikes stirred fears of a global recession and shot the dollar sharply higher