wartime forced labor Archives

Japanese Company Appeals S. Korean Court’s Decision on Asset Seizure

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 [...]

Fresh Tensions Brewing in Seoul-Tokyo Ties over Court Procedure to Sell Off Japanese Assets

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 [...]