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S.Korea raises 2017 defense budget on advancing DPRK nuke, missile

South Korea raised its 2017 defense budget to speed up efforts at building its homegrown missile defense system amid an advance in nuclear and missile technologies of the Democratic People's Republic of Korea (DPRK).

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China's forex reserves down slightly in July

The data was basically in line with market expectations after an unexpected rise surprised investors in June.

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Japan's cabinet approves 28.1 trillion yen stimulus package

The Japanese cabinet approved an economic stimulus package worth 28.1 trillion yen (274 billion U.S. dollars) on Tuesday to support Japan's sluggish economy in the wake of Britain's decision to leave the European Union.

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Samsung Electronics posts better-than-expected earnings in Q2

Samsung Electronics, South Korean tech behemoth, posted better-than-expected earnings in the second quarter thanks to solid demand for its flagship Galaxy smartphones, a regulatory filing showed on Thursday.

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S.Korea to provide 17 bln USD fiscal stimulus after cutting economic outlook

​South Korea on Tuesday announced a plan to provide at least 20 trillion won (17 billion U.S. dollars) in fiscal stimulus in the second half of this year, including a 10 trillion-won supplementary budget plan.

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Online shopping in S. Korea jumps in 2015 on mobile transactions

​Online shopping among South Korean consumers posted a double-digit growth in 2015 as people increasingly use mobile phones in transactions of goods, a government report said on Tuesday.

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Mortgage loans in S. Korea post largest increase in 2015

​Mortgage loans in South Korea posted the largest increase in 2015 due to record-low borrowing costs and eased regulations on mortgage financing, financial watchdog data showed Thursday.

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Samsung's Q4 profit declines on soft smartphone demand

Samsung Electronics, the world's largest smartphone maker, posted its first profit slump in five quarters as soft demand for smartphones dampened the company's Galaxy device sales and lowered prices of components such as chips and display panels.

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Japan posts trade deficit for 5th straight year in 2015 as imports slump

​Japan posted a trade deficit in 2015 for the fifth successive year, although the deficit shrank by 77.9 percent from the previous year to 2.83 trillion yen (23.9 billion U.S. dollars), as import costs dropped owing to the global oil glut and slumping prices, government data showed Monday.

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China banks' 2015 new yuan lending hits new high

China's new yuan-denominated lending in 2015 hit 11.72 trillion yuan (1.79 trillion U.S. dollars), up 1.81 trillion yuan from one year earlier, latest data showed on Friday.

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Interbank RMB transactions hit 618.12 tln yuan in 2015

China's interbank local currency market transactions totalled 618.12 trillion yuan (94.17 trillion U.S. dollars) in 2015, data showed on Sunday.

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Samsung Electronics warns of tough 2016 amid fourth-qaurter outlook concerns

South Korean tech giant Samsung Electronics Co Ltd said it expects a difficult business environment in 2016 due to weak global economic conditions and heightened competition in key businesses including memory chips and smartphones.

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Japan's cabinet green-lights record budget for FY 2016, challenging fiscal reform goals ahead

​Prime Minister Shinzo Abe's cabinet on Thursday approved a record budget for fiscal 2016 which will rely on robust corporate profits and interest payments to tackle the nation's burgeoning welfare costs and mounting public debt.

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Corporate financing in S. Korea jumps on rising bond sales

​Corporate financing in South Korea jumped last month as companies increase sales of bonds amid low borrowing costs, financial watchdog data showed Tuesday.

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S. Korea's retail sales hit 4-month high on demand for cosmetics, clothing

​Retail sales in South Korea hit the highest in four months due to demand for consumer goods, indicating a full-fledged recovery in private consumption from a MERS outbreak, a government report showed Monday.

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China's fiscal revenue growth picks up but pressure remains

​China's fiscal revenue grew faster in September but the country's exchequer faces great pressure in the fourth quarter of this year, the Ministry of Finance (MOF) said Monday.

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Samsung's operating profit rises for 4 quarters, topping estimates

​Samsung Electronics, one of the world 's major maker of smartphones, memory chips and TVs, said Wednesday that its third-quarter operating profit rose for four straight quarters, topping analysts' estimates.