B&M’s capital investment in LG Chem’s Gumi EV batteries cathode production plant will result in a 49% stake in the JV, with the remaining 51% to be held by LG Chem.

Apple supplier Foxconn and chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) are among firms looking to access Japanese know-how.

The first project is undergoing environmental impact assessment and a final investment decision will be made in 2024 or 2025, its Korea chief executive said.

The new blood could mark a turning point as Satoshi Tsunakawa, a former Toshiba CEO who has opposed reforms at the 146-year-old company, will step down

The South Korean central bank increased the key rate by 25 basis points to 1.75% on Thursday

The PS5, launched in November 2020, undersold its predecessor in its second year due to component shortages which have roiled the electronics industry

Japan has said it hopes to put one of its astronauts on the lunar surface in the latter half of the 2020s as part of NASA's Artemis programme

The issue of China-Taiwan loomed over a meeting in Tokyo of leaders of the Quad grouping of the US, Japan, Australia and India, who stressed their determination to ensure a free and open Indo-Pacific

Both companies said operations are expected to start in 2025, with an initial annual production capacity of 23 gigawatt hours, and the ability to increase to up to 40 GWh later

The US is looking to deepen its economic partnership with Taiwan, a senior US Security Advisor revealed en route to Japan with President Biden

The LKB & Partners law firm filed a lawsuit against Terraform Labs co-founders Do Kwon and Daniel Shin, the Seoul-based Munwha Ilbo newspaper reported

Japanese firms, private and public, will have to publish the pay levels for female staff as a percentage of pay to men on their websites and disclose legitimate reasons for any disparities