SEOUL, Aug. 12 (Korea Bizwire) — An alliance of South Korean and Japanese civic and religious groups called on both countries Wednesday to resolve bilateral history issues ahead of the 75th anniversary of Korea’s liberation from Japanese colonial rule. They urged Tokyo to implement the South Korean Supreme Court’s compensation ruling for wartime Korean forced [...]
SEOUL, Aug. 12 (Korea Bizwire) — South Korea and Japan are in talks over ways to ease coronavirus entry restrictions for business travelers, a diplomatic source said Wednesday. Last month, Seoul and Tokyo kicked off diplomatic talks on the relaxation of the restrictions based on the shared view that the countries should allow the entry [...]
SEOUL, Aug. 10 (Korea Bizwire) — South Korea’s imports of Japanese consumer goods sank more than 23 percent in July amid a boycott stemming from a bilateral trade dispute, government data showed Monday. Seoul brought in consumer goods worth US$253 million in July, down 23.4 percent from a year earlier, according to the preliminary data [...]
GAITHERSBURG, Md. and OSAKA, Japan, Aug. 7 (Korea Bizwire) — Novavax, Inc. (Nasdaq: NVAX), a late stage biotechnology company developing next-generation vaccines for serious infectious diseases, and Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK), today announced a partnership for the development, manufacturing and commercialization of NVX‑CoV2373, Novavax’ COVID‑19 vaccine candidate, in Japan. NVX‑CoV2373 is a stable, prefusion [...]
DAEGU, Aug. 7 (Korea Bizwire) — A Japanese company has appealed a South Korean court’s ruling to seize its assets in the country to compensate victims of wartime forced labor in a move expected to worsen tensions between the two countries. Nippon Steel Corp. has submitted an immediate complaint against the court’s decision to seize [...]
SEOUL, Aug. 3 (Korea Bizwire) — The already frayed relations between South Korea and Japan will likely plunge further into a fresh downward spiral as a local court is expected to kick off a procedure to sell off assets of a Japanese firm to compensate victims of wartime forced labor. Starting midnight Tuesday, the Pohang [...]
SEOUL, July 31 (Korea Bizwire) — Japanese fashion retailer Uniqlo said Friday it will close nine of its stores in South Korea next month amid a sharp fall in sales stemming from the new coronavirus outbreak and a trade dispute between Seoul and Tokyo. The closure came as online shopping has gained traction amid the [...]
SEOUL, July 30 (Korea Bizwire) — Kim Chang-yeol, head of Korea Botanic Garden which displays a pair of statues featuring a man who resembles Japanese Prime Minister Shinzo Abe bowing to a figure of a seated young girl, said Wednesday he has no plan to remove the statues called ‘Everlasting Atonement.’ In his interview with [...]
SEOUL, July 30 (Korea Bizwire) — Despite the boycott movement against Japanese products marking its first year after being sparked by Japan’s export restrictions against South Korea, consumption of Japanese cigarettes has remained more or less unaffected. The Korea Customs Service reported that South Korea imported 4,220.6 tons of cigarettes from the Philippines between July [...]
SEOUL, July 29 (Korea Bizwire) — Japan’s failure to recognize its wrongdoings during World War II should fundamentally be addressed and dealt with from the perspective of rectifying a violation of human rights, experts said Wednesday. “The interpretation issue of forced mobilization and forced labor is not just an issue between the two countries (South [...]