Weak Yen Boosts S. Korean Direct Purchases from Japan

SEOUL, July 3 (Korea Bizwire) — The weak yen is encouraging more South Koreans to participate in foreign direct purchases from Japan. According to data from Statistics Korea, South Koreans spent 120.17 billion won (US$91.8 million) in the first quarter on direct purchases from Japan through online shopping, marking a 29.1 percent year-on-year increase or [...]