Business News Seoul

  • *Japan, S.Korea accuse each other of breaking international law. South Korea accused Japan of violating international law with its curbs this month on the export of high-tech materials to South Korean chipmaking giants, which could disrupt global supply chains. Japanese Foreign Minister Taro Kono summoned South Korea's ambassador, Nam Gwan- pyo, a day after...

  • *Japan summons South Korean envoy. South Korea's ambassador to Japan, Nam Gwan- pyo, was summoned to meet Japanese Foreign Minister Taro Kono a day after a midnight deadline set by Japan for South Korea to accept third-country arbitration of the forced labour dispute passed. South Korea has rejected third-country arbitration and Kono said Seoul must take swift...

  • TOKYO, July 19- Early in December, dozens of journalists and editors from the Japan Times gathered for an emergency meeting in a glass-walled conference room in their brand-new 14th floor office. In the past, the Japan Times described Korean workers as "forced labourers" and comfort women as those "forced to provide sex for Japanese troops before and during World...

  • SEOUL, July 19- South Korea on Friday rejected Japan's call for third-party arbitration over a court ruling last year ordering Japanese companies to pay compensation for using South Korean forced labor during World War Two. Japan had set Thursday as a deadline for South Korea to accept the proposal in a deepening feud over wartime forced labor, which has led to...

  • SEOUL, July 19- As soon as supermarket manager Cho Min- hyuk got to work the day after Tokyo imposed curbs on exports to South Korea, he pulled all Japanese products off the shelves. It was Cho's way of taking a stand against Japan in a quickly worsening political and economic dispute between the two east Asian neighbours. "Japan putting pressure on South Korea...

  • TOKYO, July 19- Seoul must take swift steps to resolve a dispute over the issue of compensation for wartime forced labour, Japan's Foreign Minister Taro Kono told South Korea's ambassador on Friday, adding that the situation violated international law. Kono made the comment to Nam Gwan- pyo after summoning him to the foreign ministry, as the neighbours' political...

  • TOKYO, July 19- Seoul must take swift steps to resolve a dispute over the issue of compensation for wartime forced labor, Japan's Foreign Minister Taro Kono told South Korea's ambassador on Friday, adding that the situation violated international law. Kono made the comment to Nam Gwan- pyo after summoning him to the foreign ministry, as the neighbors' political...

  • SEOUL, July 19- South Korea's Trade Ministry urged Japan on Friday to accept its request for another round of talks over Tokyo's tighter export controls, which are seen threatening global microchip and smartphone display supply chains. Japan has cited "inadequate management" of sensitive items exported to South Korea, with Japanese media reporting some items...

  • S.KOREA' S TRADE MINISTRY DIRECTOR URGES JAPAN TO HOLD TALKS TO DISCUSS SEOUL'S EXPORT CONTROL SYSTEM.

  • Kono will once again urge Seoul to take "appropriate steps" to rectify what Japan says was an improper ruling last year by South Korea's Supreme Court ordering two Japanese companies to compensate the wartime workers, public broadcaster NHK reported. Things took a turn for the worse this month when Japan restricted exports of high-tech material to South Korea,...

  • Kono will once again urge Seoul to take "appropriate steps" to rectify what Japan says was an improper ruling last year by South Korea's Supreme Court ordering two Japanese companies to compensate the wartime workers, public broadcaster NHK reported. Things took a turn for the worse this month when Japan restricted exports of high-tech material to South Korea,...

  • TOKYO, July 19- Japan's Foreign Minister Taro Kono plans to summon South Korea's ambassador on Friday in a deepening political and economic row over compensation for Korean forced laborers in the World War Two era, Japan's public broadcaster NHK said. Kono will once again urge Seoul to take "appropriate steps" to rectify what it says was an improper ruling last...

  • *Cuts by Bank of Korea, Bank Indonesia first in years. SEOUL/ JAKARTA, July 18- South Korea and Indonesia cut their benchmark interest rates for the first time in years on Thursday, not waiting for an expected reduction soon in U.S. rates as they aim to help borrowers cope with mounting risks to economic growth. Both Indonesia and South Korea cut main rates by 25 basis...

  • *South Korea supplies 75% of global DRAM, 45% of NAND chip output. SEOUL, July 18- Memory chip spot prices have risen for the first time this year, indicating grim warnings of "never seen before" spikes and a supply disruption could come to pass as a dispute between South Korea and Japan drags on. The 15% spike in DRAM chip prices over a week- in a sector dogged by oversupply...

  • TOKYO, July 18- Japan is considering taking a dispute with South Korea over its compensation for wartime forced labourers to the International Court of Justice as the deadline for seeking third-country arbitration passes on Thursday, public broadcaster NHK reported. The question of compensation for South Koreans for labour during Japan's 1910-45...

  • TOKYO, July 18- Japan is considering taking a dispute with South Korea over its compensation for wartime forced laborers to the International Court of Justice as the deadline for seeking third-country arbitration passes on Thursday, public broadcaster NHK reported. The question of compensation for South Koreans for labor during Japan's 1910-45...

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/cb-polls? RIC= JPINTRQP Bank of Japan policy poll data. TOKYO, July 18- Expectations have risen sharply that the Bank of Japan's next policy move will be to ease further, a Reuters poll of economists found, as the U.S.

  • TOKYO, July 18- Japan is considering taking a dispute with South Korea over its compensation for wartime forced laborers to the International Court of Justice as the deadline for seeking third-country arbitration passes on Thursday, public broadcaster NHK reported. The question of compensation for South Koreans for labor during Japan's 1910-45...

  • TOKYO, July 18- Japan is considering taking a dispute with South Korea over its compensation of wartime forced laborers to the International Court of Justice as the deadline for seeking third-country arbitration passes on Thursday, public broadcaster NHK reported. The question of compensation for South Koreans for labor during Japan's 1910-45 occupation...

  • SEOUL, July 17- The United States will "do what it can do" to help defuse a worsening political and economic dispute between South Korea and Japan, a senior U.S. diplomat said on Wednesday, as South Korea warned that the row would have global repercussions. Stilwell told reporters in the South Korean capital, Seoul, that he took the situation seriously but did not...