SEOUL, Oct. 5 (Korea Bizwire) — South Korea wants to build a “healthy and mature” relationship with China, its top diplomat said Thursday, amid concerns over cooling bilateral relations as Seoul has been pushing for closer ties with the United States and Japan. Foreign Minister Park Jin made the remarks at a forum as the [...]
Nuvei’s increased presence in the region is enabling eCommerce businesses to reach local and cross-border customers MONTREAL, Oct. 02 (Korea Bizwire) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today it has opened its latest operational hub in China as it continues to expand its presence in [...]
SEOUL, Sept. 26 (Korea Bizwire) — South Korea, China and Japan held a high-level meeting Tuesday to discuss three-way cooperation and explore the possibility of resuming the long-stalled summit of their leaders. The trilateral senior officials’ meeting held in Seoul brought together South Korean Deputy Foreign Minister Chung Byung-won; Takehiro Funakoshi, Japan’s senior deputy foreign [...]
SEOUL, Sept. 25 (Korea Bizwire) — South Korea, China and Japan are set to hold a series of meetings in Seoul on Monday to discuss resuming the long-stalled summit of their leaders. The deputy director-general meetings come a day before high-level talks among South Korean Deputy Foreign Minister Chung Byung-won, Takehiro Funakoshi, Japan’s senior deputy [...]
SEOUL, Sept. 22 (Korea Bizwire) — South Korea’s Industry Minister Bang Moon-kyu met with U.S. Deputy Secretary of Commerce Don Graves in Seoul on Friday and asked for addressing concerns among domestic chipmakers regarding Washington’s semiconductor export controls on China, his office said. In October last year, the U.S. announced a set of rules that [...]
WASHINGTON, Sept. 19 (Korea Bizwire) — A U.S. diplomat expressed concerns Tuesday over North Korean detainees in China who are at the risk of torture if repatriated, calling on Beijing to comply with the international principle of non-refoulement. Jung Pak, deputy special representative for North Korea, made the remarks during a forum on the human [...]
SEOUL, Sept. 6 (Korea Bizwire) — South Korea’s exports of cathode materials have experienced significant growth, primarily driven by the rapid expansion of the secondary battery industry, especially in the electric vehicle sector. However, a substantial portion of the earnings from South Korea’s cathode material exports are flowing back to China, which supplies crucial ingredient [...]
SEOUL, Sept. 1 (Korea Bizwire) — South Korea’s chip industry, heavily dependent on China for production and exports, faces a dilemma due to the United States government’s policy of promoting sanctions against Beijing, a report showed Thursday. The global chip supply network is projected to undergo reorganization between 2025 and 2030, aligning with the anticipated [...]
SEOUL, Aug. 31 (Korea Bizwire) – South Korean cosmetics giant LG H&H Co. said Thursday it has changed the name of its luxury beauty brand, The history of Whoo, and will launch the brand’s renewed flagship product line in China this week. The history of Whoo, now renamed The Whoo, renewed its key basic skincare [...]
SEOUL, Aug. 25 (Korea Bizwire) — A South Korean visa application center was inaugurated in Beijing on Thursday in response to the surging interest in tourism to South Korea. This rise in demand follows the decision by the Chinese government to permit group travel to South Korea for the first time in more than six [...]