SEOUL, June 25 (Korea Bizwire) — For the past decades, the relationship between South Korea and Japan went through ups and downs, but the two Asian neighbors managed to maintain close ties at least on the economic side while haggling over their shared history. But Japan’s unprecedented export restrictions against South Korea last year took [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s exports of beauty products to Japan advanced nearly 30 percent in the first 11 months of last year, data showed Sunday, despite the ongoing bilateral trade row stemming from their shared history. Asia’s No. 4 economy shipped US$370 million worth of beauty products to Japan in the [...]
SEOUL, Dec. 29 (Korea Bizwire) — More Japanese tourists have visited South Korea than South Koreans have visited the Asian neighbor since August, data showed Sunday, after their countries have been engaged in an unprecedented trade row, sparking a boycott of Japanese goods and services here. The number of Japanese visiting South Korea reached 329,652 [...]
SEOUL, Dec. 27 (Korea Bizwire) — The South Korean unit of Japanese conglomerate Fast Retailing Co. said Thursday its net profit fell 9.9 percent in the January-September period from a year earlier due to local sentiment against Japanese products. The company, which sells Uniqlo and GU brand products, said in a regulatory filing that its [...]
SEOUL, Dec. 15 (Korea Bizwire) — Japan suffered a wider decrease in its outbound shipments to South Korea compared with the other way around amid the monthslong trade dispute between the two Asian neighbors, data showed Sunday. Japan’s exports to South Korea reached US$15 billion over the July-October period compared with a year earlier, down [...]
SEOUL, Nov. 23 (Korea Bizwire) — South Korea on Friday suspended its earlier notice to Japan regarding the expiration of a military intelligence-sharing pact with its neighbour, thereby likely providing a fresh impetus to resolve their monthslong bilateral trade dispute. While the General Security of Military Information Agreement (GSOMIA) was scheduled to expire at midnight [...]