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Japanese Travelers to S. Korea Still Outpacing Korean Visitors to Japan amid Trade Row

Japanese Travelers to S. Korea Still Outpacing Korean Visitors to Japan amid Trade Row

SEOUL, Dec. 29 (Korea Bizwire) — More Japanese tourists have visited South Korea than South Koreans have visited the Asian neighbor since August, data showed Sunday, after their countries have been engaged in an unprecedented trade row, sparking a boycott of Japanese goods and services here. The number of Japanese visiting South Korea reached 329,652 [...]

Japanese Retailer Posts Net Plunge in S. Korea amid Trade Row

Japanese Retailer Posts Net Plunge in S. Korea amid Trade Row

SEOUL, Dec. 27 (Korea Bizwire) — The South Korean unit of Japanese conglomerate Fast Retailing Co. said Thursday its net profit fell 9.9 percent in the January-September period from a year earlier due to local sentiment against Japanese products. The company, which sells Uniqlo and GU brand products, said in a regulatory filing that its [...]

Japan Suffers More Damage amid Protracted Seoul-Tokyo Trade War

Japan Suffers More Damage amid Protracted Seoul-Tokyo Trade War

SEOUL, Dec. 15 (Korea Bizwire) — Japan suffered a wider decrease in its outbound shipments to South Korea compared with the other way around amid the monthslong trade dispute between the two Asian neighbors, data showed Sunday. Japan’s exports to South Korea reached US$15 billion over the July-October period compared with a year earlier, down [...]

Boycott Movement against Japanese Products Affects Food Products the Most

Boycott Movement against Japanese Products Affects Food Products the Most

SEOUL, Dec. 12 (Korea Bizwire) — Amid a prolonged boycott movement against Japanese products, most consumers are in fact refusing to purchase goods made in Japan. In a survey conducted by the Korea Rural Economic Institute on 1,519 households in South Korea, 81.5 percent of all consumers supported the boycott movement. The result comes as [...]

Seoul-Tokyo Trade Row Averts Worst Case

Seoul-Tokyo Trade Row Averts Worst Case

SEOUL, Nov. 23 (Korea Bizwire) — South Korea on Friday suspended its earlier notice to Japan regarding the expiration of a military intelligence-sharing pact with its neighbour, thereby likely providing a fresh impetus to resolve their monthslong bilateral trade dispute. While the General Security of Military Information Agreement (GSOMIA) was scheduled to expire at midnight [...]