South Korea faces demographic and economic competition challenges

South Korea is facing two major challenges: a record low birth rate and intensifying economic competition from its neighbors. The government is taking measures to encourage childbearing and family support, as well as investing in advanced technology to maintain its competitive edge. However, experts warn that failing to effectively address the popu

read more

Japan to accept more foreign workers to address labor shortages

The Japanese government is considering relaxing immigration regulations and increasing the number of foreign workers it can accept to address severe labor shortages in many sectors, particularly in services, agriculture, and elderly care. The policy change aims to maintain the country's economic growth potential and address a rapidly aging and decl

read more

China announces massive stimulus measures to tackle deflation

The Chinese government has announced a series of massive stimulus measures to address the emerging deflation and boost domestic consumption. The measures include lowering the policy interest rate, increasing government spending on infrastructure projects, and supporting small and medium-sized enterprises (SMEs), with the aim of reinforcing business

read more

Europe faces new energy crisis amid gas price volatility

The European region is facing new concerns about the energy crisis, as global natural gas prices remain highly volatile and are set to rise again after a hot summer and a forecast of a milder winter. Governments in many countries are taking countermeasures, such as increasing gas reserves and promoting renewable energy, to reduce dependence on exte

read more

War in Ukraine: Drone and missile attacks continue

The fighting in Ukraine remains fierce, with drone and missile attacks targeting Ukrainian energy infrastructure and cities continuing. Ukraine also continues to use drones to attack targets inside Russia, causing severe damage and impacting civilian lives. Efforts to find a diplomatic solution have yet to yield results, making the humanitarian sit

read more