SEOUL, Jul. 15 (Korea Bizwire) — Trade tensions between South Korea and Japan are escalating as Tokyo seems to be preparing to expand the scope of its export controls beyond high-tech materials to a wide spectrum of areas, which could disrupt the global supply chain, industry watchers said Monday. Japan began applying stricter export rules [...]
SEOUL, Jul. 15 (Korea Bizwire) — K-pop super band BTS’ four concerts in Japan this month drew a total of 210,000 fans, making the Japanese leg of the band’s world tour a solid success despite worsening trade and diplomatic rows between South Korea and Japan. On Saturday and Sunday, the Korean septet rocked Shizuoka’s 50,000-seat [...]
SEOUL, Jul. 14 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong has convened a meeting with top executives to discuss countermeasures against Japan’s export restrictions of key materials and possibilities of expanding the measures to other areas, company officials said Sunday. On Saturday, Lee met with Kim Ki-nam, head of the company’s device solution [...]
SEOUL, Jul. 14 (Korea Bizwire) — Japan exported some strategic items and luxury goods to North Korea over the past several years in violation of international sanctions, U.N. reports have shown. According to 10 reports that the U.N. panel of experts wrote between 2010 and 2019, there have been multiple cases where restricted items, including [...]
SEOUL, Jul. 12 (Korea Bizwire) — Japan’s restrictions on exports to South Korea has sharply cut into its favorability rating among the South Korean people, a poll by Gallup Korea showed Friday. In the survey of 1,005 Korean adults conducted nationwide from Tuesday to Thursday, only 12 percent said they have a favorable view of [...]
SEOUL, Jul. 12 (Korea Bizwire) — A recent survey has revealed that 7 out of 10 Koreans plan to participate in a boycott against Japanese products amid Japan’s measures to impose restrictions on exports to South Korea. According to a survey conducted by Realmeter commissioned by Traffic Broadcasting System (TBS), of the total survey participants, [...]
SEOUL, Jul. 12 (Korea Bizwire) — A boycott campaign against Japanese products and services is becoming a nationwide movement. The boycott started after Japan imposed trade restrictions against South Korea. Amid the boycott, a series of statistics show that the number of reservations for trips to Japan has dropped significantly. Hana Tour, the nation’s leading [...]
SEOUL, Jul. 11 (Korea Bizwire) — An opposition lawmaker claimed Thursday he has identified data from a Japanese agency showing that Japanese firms allegedly smuggled strategic items to North Korea that include hydrogen fluoride, a material subject to Tokyo’s export curbs on South Korea. The revelation came in an apparent bid to counter the suspicion [...]
SEOUL, Jul. 10 (Korea Bizwire) — Japan’s tighter regulations on some high-tech exports to South Korea will serve as a new downside risk to Asia’s fourth-largest economy, which is already struggling with a U.S.-China trade war, economists said Wednesday. In a seminar on the impact of Japan’s trade curbs, Kwon Tae-shin, president of the Korea [...]
SAN MATEO, Calif., Jul. 9 (Korea Bizwire) — Cloudian today announced that Dwango, a leading Japanese telecommunications and media company, has deployed Cloudian’s HyperStore object storage software in a unique all-flash hardware configuration to meet the evolving needs of its niconico video streaming service. As a result, Dwango has been able to repatriate application development [...]