SEOUL, Jan. 28 (Korea Bizwire) — The already fraught ties between South Korea and Japan were dealt yet another setback Friday when Tokyo plowed ahead with the recommendation of a former mine linked to wartime forced labor as a UNESCO World Heritage candidate despite Seoul’s objections. After weeks of deliberation, Japanese Prime Minister Fumio Kishida [...]
SEOUL, Jan. 27 (Korea Bizwire) — Hyundai Motor Co. reportedly plans to start selling cars again in Japan. The South Korean carmaker is in the final stages of resuming car sales in the Japanese market, with a particular focus on electric vehicles, industry sources said. Hyundai has already unveiled new Japanese pamphlets introducing the Nexo [...]
SEOUL, Jan. 22 (Korea Bizwire) — The Japanese Embassy in Seoul has refused to accept South Korean President Moon Jae-in’s Lunar New Year gift, claiming the gift’s box bears an image of South Korea’s easternmost islets of Dokdo, Japanese news reports said Saturday. South Korea’s presidential office Cheong Wa Dae had sent a gift box [...]
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 [...]
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, [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]