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Canada’s Unemployment Rate Rises to 6.7% as Jobs Stall; Youth Rate Jumps to 13.7%

Canada’s unemployment rate rose to 6.7% in October as employment stalled after two months of losses; youth unemployment jumped to 13.7%.

Semicon 2.0 Opens for Fab, Equipment and Chip-Testing Projects as India Approves 12 More Component Plants

India opened Semicon 2.0 applications for fabs, equipment and chip assembly, and approved 12 more component projects worth ₹7,503 crore, including the first for copper foil.

India’s Maritime Week: A Drill With South Korea at Busan, Tiger Triumph With the US and Coast Guard Talks in Sri Lanka

INS Sahyadri ended a bilateral exercise with South Korea at Busan, India and the US opened Tiger Triumph 2026 at Visakhapatnam, and the Indian and Sri Lankan coast guards met at Mirissa.

Asia’s Factories Cool in October as South Korea and Taiwan Slow; ASEAN Orders Hit a Record

October PMIs: India 54.7, Taiwan 54.9, Japan 53.3, ASEAN 53.1, China 52.0 and South Korea 51.3. Five of six surveys slowed, while ASEAN new orders grew at a record pace.

Lee Pitches Record ₩820.9 Trillion Budget for 2027 as AI and Chip Spending Nearly Doubles

President Lee Jae Myung asked parliament to pass a record ₩820.9 trillion budget for 2027, with AI and chip spending nearly doubling to ₩21.3 trillion and a ₩162.3 trillion fund from a tax windfall.

South Korea’s Inflation Eases to 2.8% in October as Fuel Lifts Transport Costs 6.8%

South Korea’s consumer prices rose 2.8% in October, with transport up 6.8% on fuel and food up only 0.5%. The category table, the 2026 trend and what it means for rates.

North Korea Tests Cluster-Bomb Warhead for Tactical Missiles, Plans Deployment by Year-End

North Korea says it tested a cluster-bomb warhead for tactical ballistic missiles and will field several types by year-end. What it claimed, how Seoul and its allies responded and what to watch.

South Korea’s October Exports Jump 93.7% to $115.3 Billion as Chips Make Up Half

South Korea’s exports rose 93.7% to $115.28 billion in October, with chips at $56.44 billion. Product and market tables, the holiday effect and the road to a $1 trillion year.

South Korea’s September Industrial Output Rises 3%, but Annual Demand Signals Stay Mixed

South Korea’s September data show industrial output up 3%, retail sales up 3.6% and equipment investment up 5.3% month on month. Annual comparisons explained.

Samsung Electronics Q3 Profit Hits ₩107.4 Trillion as Chips Drive Record Results

Samsung Electronics reports ₩195.3 trillion in Q3 revenue and ₩107.4 trillion operating profit. Chips lead, while its consumer-device division posts a loss.

Thoothukudi’s Proposed $4 Billion Shipyard Advances After Sonowal–HD Hyundai Talks

India says a joint working group will advance the proposed Thoothukudi shipyard, with the project report expected within six months after Seoul talks.

Samsung C&T Q3 Revenue Reaches ₩12 Trillion as Operating Profit Rises 15%

Samsung C&T reports Q3 revenue of ₩12.008 trillion and operating profit of ₩1.143 trillion. Growth calculations and selected business results explained.

India and South Korea Coast Guards Agree to Deepen Rescue and Pollution-Response Cooperation

Coast guards from India and South Korea reviewed rescue, pollution response and maritime law enforcement at their 14th high-level meeting in Incheon.

IMF Sees Emerging Asia Growing 5.1% in 2026: China 4.5%, India 7%, ASEAN-5 4.4% and Korea 3.3% — and the Risks From Oil and...

The IMF’s new World Economic Outlook, released in Bangkok, raised forecasts for India, the ASEAN-5 and South Korea and trimmed China’s. Our table brings together the Asian numbers and what the Fund says could go wrong.

Latest articles

Canada’s Unemployment Rate Rises to 6.7% as Jobs Stall; Youth Rate Jumps to 13.7%

Canada’s unemployment rate rose to 6.7% in October as employment stalled after two months of losses; youth unemployment jumped to 13.7%.

Semicon 2.0 Opens for Fab, Equipment and Chip-Testing Projects as India Approves 12 More Component Plants

India opened Semicon 2.0 applications for fabs, equipment and chip assembly, and approved 12 more component projects worth ₹7,503 crore, including the first for copper foil.

Bank of England Raises Rates to 4% as Middle East Energy Shock Pushes Inflation Towards 5%

The Bank of England raised Bank Rate to 4% by an 8–1 vote, citing energy-driven inflation pressure; it now expects UK inflation to reach around 5% by mid-2027.

US Adds 165,000 Jobs in October; Unemployment Holds at 4.1% and Earlier Months Revised Up

US payrolls rose 165,000 in October, far above the past year’s average, while unemployment held at 4.1% and August–September gains were revised up by 84,000.