Japan's economy faces a sharp decline, with per capita GDP dropping behind South Korea for the first time since 1980.

With the South Korean won weakening to the lowest level against the U.S. dollar since the 2008-2009 financial crisis, businesses catering to foreign tourists, including travel and duty-free retail, are eyeing potential opportunities.

Japan and South Korea will celebrate 60 years of normalized relations in 2025, but given the current situation, they will have difficulty in making bold, mutual compromises to change the status quo. The best that can be expected for now is a maintenance of the status quo.

U.S. lawmakers and diplomatic officials stressed the need for close cooperation among the United States, South Korea and Japan in response to the possible impeachment of South Korean President Yoon Suk Yeol.

South Korea also topped Japan in 2023, the Cabinet Office said in the annual economic data released Monday. South Korean GDP figures received a boost from the nation's retroactive revisions.

FUKUOKA, Japan (Kyodo) -- Kyushu Railway said Monday it will terminate its ferry service between Fukuoka in southwestern Japan and South Korea's Busan as it was unable to resolve a water seepage issue affecting its Queen Beetle vessel that its subsidiary was found to have concealed.

Kyushu Railway Co. said Monday it will terminate its ferry service between Fukuoka in southwestern Japan and South Korea's Busan as

South Korea held the largest share of the US import market for battery materials last year, a trade association said on Sunday, outranking rivals China and Japan.

As the region awaits the return of Donald Trump to the White House and to a possible tumultuous Year of the Snake in the lunar calendar, we take a look at the year that was.

Kang-Kook Lee is a professor at Ritsumeikan University's Graduate School of Economics in Japan. While the impeachment of President Yoon Suk Yeol is dominating headlines in South Korea and Japan, the administrations of both countries face the difficult task ...

Foreign ministry says China won’t interfere because ‘South Korean people have the wisdom and ability to properly handle domestic issues’.