President pardons Hyundai's boss

Hyundai boss avoids prison again
A South Korean court upholds the suspended sentence on Hyundai boss Chung Mong-Koo.

South Korea in $11bn economy plan
South Korea sets out plans designed to boost the economy by investing in public projects and cutting taxes.

Japan index sees stocks rebound
Japan's Nikkei rises 6.4% in morning trading, with similar gains in South Korea, in the wake of a surge on Wall Street.

South Korea cuts rates to 4.25%
South Korea's central bank cuts its key interest rate to 4.25% from 5% in an attempt to boost the economy.

Japan sees further market losses
Japan's Nikkei stock index continues to fall, losing almost 7%, as South Korea says its economy is at a four-year low.