What economic consequences to Japan-South Korea spat?

Nearly 70 years after the conflict ended in stalemate, Seoul is pushing hard for a declaration that will formally end the Korean War. But Washington is reluctant to reward the regime in Pyongyang.

With four months to go until election day, the two top candidates for the presidency are already at the center of allegations of corruption and abuse of power, with debate over policy relegated to the background.

In 2015, Shiori Ito was a young journalist who went to meet a would-be mentor for drinks, only for the night to end in him raping her. She won a civil case against him in 2019, but only after years of fighting a judicial system that seemed determined to look the other way. Ito's memoir "Black Box" is the story of one young woman's quest for justice in a country where talking about sexual assault, and even sex education, is still very much taboo. She joined us for Perspective and told us that things are gradually moving in the right direction, but that she still receives "threatening emails every day" for speaking out.

South Korea's Joint Chiefs of Staff said the incursion off its east coast lasted roughly 10 minutes. Beijing later said the warplanes entering South Korea's air defense identification zone was part of an exercise.

Japan has stopped new bookings onto incoming flights after identifying the first cases of the Omicron strain of Covid-19. The country has also tightened its quarantine requirements for all arriving passengers, and extended a ban on non-citizens coming from ten countries in southern Africa. Travel companies have seen their shares tumble in recent days as governments tighten border rules in response to the new strain. Also today, Australia's economy feels the pinch from the recent lockdowns.

South Korea garnered early success in battling COVID-19. But as the country has begun to open up, daily case numbers have hit new highs. The government is considering reimposing restrictions. For businesses already struggling, that is not good news.

For a wealthy nation, Japan has a high proportion of seniors who have jobs - from babysitters to gardeners. With an aging population, the country is encouraging the "silver generation” to go back to work. Many are reveling in the new challenge.

Australian Prime Minister Scott Morrison and South Korean President Moon Jae-in have signed a defense deal worth 1 billion Australian dollars as the two countries mark 60 years of diplomatic relations.

Japanese billionaire Yusaku Maezawa returned to Earth on Monday after a 12-day journey into space, ending a practice run for his planned trip around the moon with Elon Musk's SpaceX in 2023.

If teens are playing video games for hours and hours, parents or teachers might grow concerned. Not so in South Korea where excelling in online gaming is becoming a legitimate career path with big investments behind it.

The Yakuza have long been one of the biggest criminal organisations in the world. At the height of their power in the 1960s, the Japanese Yakuza had more than 180,000 members. This Japanese mafia was rich, much feared, and virtually untouchable. But now their numbers, money and power have dwindled. There are only 23,000 Yakuzas left today, and they are older and poorer.

South Korea Justice Ministry seeks to "heal social conflicts" ahead of the March 2022 elections. The two main candidates are neck-and-neck in the polls.