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S. Korea Not Mulling Lifting Import Ban on Japanese Seafood to Join CPTPP

S. Korea Not Mulling Lifting Import Ban on Japanese Seafood to Join CPTPP

SEOUL, Jan. 21 (Korea Bizwire) — South Korea is not considering lifting a ban on imports of Japanese seafood to win Japan’s support for joining a mega free trade agreement in the Asia-Pacific region, Seoul’s oceans minister has said. South Korea is working to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which [...]

STACK Infrastructure Expands APAC Footprint with New 36MW Campus in Inzai, Japan

STACK Infrastructure Expands APAC Footprint with New 36MW Campus in Inzai, Japan

DENVER, SINGAPORE and TOKYO, Jan. 13 (Korea Bizwire) – STACK Infrastructure (“STACK” or the “Company”), the digital infrastructure partner to the world’s most innovative companies, today announced a partnership with funds managed by Oaktree Capital Management, L.P. (“Oaktree”), a leader among global investment managers specializing in alternative investments, to develop a 36MW data center campus in Inzai, [...]

GEODIS Awarded Contract with American Eagle Outfitters, Inc. to Support Retailer’s Growth in Japan

GEODIS Awarded Contract with American Eagle Outfitters, Inc. to Support Retailer’s Growth in Japan

TOKYO, JAPAN, Jan. 12 (Korea Bizwire) – GEODIS, a global leading transport and logistics services provider, today announced that AEO has awarded its Japan office the contract to support the retailer’s distribution center. According to economists at the United Nations Conference on Trade and Development (UNCTAD), global eCommerce growth has seen a dramatic rise across retail [...]

Top Court Dismisses Mitsubishi Heavy’s 2nd Appeal Against Wartime Labor Compensation

Top Court Dismisses Mitsubishi Heavy’s 2nd Appeal Against Wartime Labor Compensation

DAEJEON, Jan. 11 (Korea Bizwire) – The Supreme Court has dismissed a second appeal filed by Japan’s Mitsubishi Heavy Industries against an order to sell patent rights the company has in South Korea to compensate a victim of wartime forced labor, according to legal sources Tuesday. The top court dismissed Mitsubishi Heavy’s appeal against the [...]

BTS’ Japanese Compilation Album Tops 1 mln Copies in Sales

BTS’ Japanese Compilation Album Tops 1 mln Copies in Sales

SEOUL, Jan. 6 (Korea Bizwire) — K-pop superstar BTS sold more than 1 million copies of its latest Japanese compilation album, data showed Thursday, becoming the first South Korean pop singers to achieve the feat since 2005. According to the data from Japanese music market tracker Oricon, the album titled “BTS, The Best” added 3,000 [...]

Samsung’s High-end Smartphones Underperform in Japan

Samsung’s High-end Smartphones Underperform in Japan

SEOUL, Jan. 5 (Korea Bizwire) — Samsung Electronics Co.’s foldable smartphones are struggling in the Japanese market, partly driven by Japan’s aversion to Korean products. Apple Inc.’s iPhone SE became the most sold phone in Japan last year, followed by the iPhone 12, Sharp Corp.’s Aquos Sense 5G and other iPhones and Japanese brand smartphones, [...]

S. Korea Conducted Dokdo Defense Drills Last Week

S. Korea Conducted Dokdo Defense Drills Last Week

SEOUL, Dec. 29 (Korea Bizwire) — South Korea conducted regular military drills to strengthen the defense of its easternmost islets of Dokdo last week, multiple sources said Wednesday, amid lingering tensions caused by Japan’s persistent claims to the East Sea outcroppings. The country’s military staged the drills to ensure their readiness to fend off potential [...]