South Korea turmoil, Asian Nobel winners, China's economic meeting

South Korea turmoil, Asian Nobel winners, China's economic meeting

Welcome to Your Week in Asia.

All eyes will be on South Korea's political future this week after President Yoon Suk Yeol's quickly rescinded order to impose martial law triggered uproar and stirred memories of the country's authoritarian past.

The Nobel peace and literature prizes will be awarded to winners from Japan and South Korea, Malaysia opens a new office to support its drive into artificial intelligence while China starts a top meeting on economic policy.

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This is an adapted version of Nikkei Asia’s Your Week in Asia newsletter - a briefing of the most important business, economic and political events happening across Asia this week. Register to our full selection of newsletters.

MONDAY

South Korea's political future

South Korea's leader Yoon has survived an opposition-led impeachment bid after his brief declaration of martial law. But the respite for his political career may be brief as police and prosecutors set up special teams to probe whether the president engaged in insurrection.

TUESDAY

Nobel prizes

Japan's Nihon Hidankyo , an organization that represents survivors of the atomic bombings in Hiroshima and Nagasaki, receives the Nobel Peace Prize as official award ceremonies get underway in Oslo and Stockholm. The literature prize will be awarded to "The Vegetarian" author Han Kang from South Korea.

Monetary Policy: Australia

WEDNESDAY

China economic meeting

China's top leadership is due to convene for the annual Central Economic Work Conference. The two-day meeting, held behind closed doors and highly anticipated by markets, is expected to shape the country's growth goals and stimulus plans for 2025.

ADB outlook

The Asian Development Bank (ADB) releases its latest regional economic outlook after its September report projected "developing Asia" -- comprising 46 ADB members, including China and India -- would post economic growth of 5.0% this year and 4.9% in 2025.

Japan hosts tech conference

More than 1,000 companies and organizations are set to show off cutting-edge technology, including AI and 5G/6G communications offerings, at the three-day semiconductor industry conference SEMICON Japan.

THURSDAY

Malaysia taps AI

Prime Minister Anwar Ibrahim launches Malaysia's National AI Office as the country looks to boost use of the technology. Focused on digital investment, innovation, policy and governance, the new office aims to drive AI adoption, refine policies and explore regulatory needs.

FRIDAY

Iran's "chastity and hijab" law

Iran is set to impose harsher dress codes that would ban women from wearing tight clothing and outfits that expose the body below the neck or above the ankles and forearms. The hard-line parliament approved the new edict despite opposition from reformist President Masoud Pezeshkian, and two years after earlier dress codes sparked protests.

BOJ's Tankan survey

The Bank of Japan releases its quarterly Tankan business sentiment survey, a key influencer of central bank policy decisions. The data will be watched closely by the markets as it comes less than a week ahead of the bank's next policy announcement.

SATURDAY

Japan rocket launch

Tokyo-based startup Space One is set to launch its Kairos rocket from western Japan, less than a year after its first attempt ended in failure. A successful launch this time would make it the first private venture in Japan to put a satellite into orbit. The company's backers include Canon Electronics and rocket-engine maker IHI.

SUNDAY

U.K. joins Asia-Pacific trade bloc

The U.K. officially joins the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as the 12th member of the Asia-Pacific trade bloc. The general agreement removes trade tariffs between member countries and sets rules on matters such as cross-border investment, e-commerce, intellectual property and labor.

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