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Moon urges innovative growth to counter Japan’s trade pressure

Moon urges innovative growth to counter Japan’s trade pressure

President Moon Jae-in said Monday his government will redouble its push for innovative growth in South Korea’s manufacturing sector, especially by nurturing globally competitive startups, as part of a long-term response to Japan’s trade pressure. He pointed out that Tokyo’s export restrictions have added to the economic troubles facing Asia’s fourth-largest economy amid the exacerbation […]

Fate of S. Korea-Japan military pact in doubt amid escalating export row

Fate of S. Korea-Japan military pact in doubt amid escalating export row

A rancorous diplomatic spat between South Korea and Japan is casting doubts over the fate of a military intelligence-sharing pact seen as a rare symbol of their trust and a key platform for trilateral security cooperation involving the United States. The tussle that started from a simmering row over Japan’s wartime forced labor has been […]

Moon warns Japan will suffer more damage from export curbs against S. Korea

Moon warns Japan will suffer more damage from export curbs against S. Korea

President Moon Jae-in on Monday vowed not to succumb to Japan’s economic pressure, warning that the neighboring country will suffer greater economic damage should their trade stand-off continue. He stressed that Tokyo’s tougher export restrictions, which target firms here, will be counterproductive and eventually backfire due to the “united power” of all South Korean people. […]

U.S. officials share concern about Seoul-Tokyo tensions: NSC official

U.S. officials share concern about Seoul-Tokyo tensions: NSC official

U.S. officials have expressed concern that tensions between South Korea and Japan over Tokyo’s export restrictions against Seoul are not conducive to trilateral cooperation between the three countries, Seoul’s deputy national security adviser said Saturday. Kim Hyun-chong, deputy chief of Cheong Wa Dae’s National Security Office, made the remark to reporters as he wrapped up […]

S. Korea embraces deepening trade row as Japan considers additional measures

S. Korea embraces deepening trade row as Japan considers additional measures

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 on South Korea for three key […]

Seoul seeks US backing over trade war

Seoul seeks US backing over trade war

Calls are growing for the United States to intervene in the deepening trade friction between South Korea and Japan after Japan’s Prime Minister Shinzo Abe imposed new restrictions on exports that could hurt South Korea’s tech industry. Thoughts are that if tensions continue to escalate, cooperation outside bilateral economic relations such as coordinating “in efforts […]

Japan rejects S. Korea’s offer to hold talks to resolve export curbs

Japan rejects S. Korea’s offer to hold talks to resolve export curbs

Japan on Tuesday rejected South Korea’s call for negotiations to resolve a row over Tokyo’s export restrictions against the South, saying it has no intention of lifting the curbs and the issue is not a matter of talks. Trade Minister Hiroshige Seko made the remark after a Cabinet meeting, a day after South Korean President […]

Mounded Tombs of Ancient Japan added to World Heritage list

Mounded Tombs of Ancient Japan added to World Heritage list

Two tumulus clusters in western Japan that represent an outstanding type of ancient East Asian burial mound construction and the hierarchy of society at the time have been added to the World Heritage list. Located on a plateau above the Osaka Plain, the site, called Mozu-Furuichi tumulus clusters, includes 49 kofun (old mounds in Japanese) […]

Japan, Singapore and South Korea lead world’s passport power

Japan, Singapore and South Korea lead world’s passport power

Japan, Singapore and South Korea have confirmed Asia’s leadership in the world’s passport power, topping the latest list compiled by the Swiss consulting company Henley & Partners. According to the Henley Passport Index at the beginning of the third quarter of 2019, Japan and Singapore held the top spot as their citizens can visit 189 […]

S. Korea warns of ‘corresponding measures’ against Japan’s export curbs

S. Korea warns of ‘corresponding measures’ against Japan’s export curbs

South Korea’s finance minister warned Thursday of “corresponding measures” against Japan’s move restricting key supplies for the nation’s semiconductor and display industries, in a major escalation of a long-simmering row over compensation for wartime forced labor. The diplomatic conflict between South Korea and Japan, which have close economic ties despite strains over history and territory, […]

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