A South Korean court on Friday ordered Japan to compensate 12 women who were forced to work in its wartime brothels, a ruling that drew a strong rebuke from Tokyo and threatened to rekindle a …
Seoul court orders Japan to compensate 12 Korean sex slaves
A South Korean court on Friday ordered Japan to financially compensate 12 South Korean women forced to work as sex slaves for Japanese troops during World War II, …
Japan says South Korean court ruling on comfort women is regrettable
Japan’s chief government spokesman said on Friday that a South Korean court ruling ordering damages to be paid to so-called “comfort women” was regrettable and unacceptable.
South Korea Hopes Kim Jong Un’s Congress Will Help Bring ‘Peace’ to Peninsula
“I hope that this North Korean party congress will serve as an opportunity to contribute to peace on the Korean Peninsula and the development of inter-Korean relations,” a South Korean Foreign Ministr …
North Korea’s Party Congress Discusses South Korea, Foreign Policy
North Korean leader Kim Jong Un speaks during the 8th Congress of the Workers’ Party in Pyongyang, North Korea, in this photo supplied by North Korea’s Central News Agency (KCNA) on January 8, 2021.
Why Tesla Is Opposing South Korea’s Proposed Green Energy Vehicle Policy
Given the high cost of electric vehicles, government subsidies and incentives are a major factor that can alleviate the financial burden on manufacturers and prospective customers. What Happened: …
Plug Power shares soar after blockbuster deal with South Korean firm
Shares of Plug Power soared on the news, rising more than 30 percent to more than $45 per share in Nasdaq trading. SK Group will take a $1.5 billion stake in Plug Power, which has already gotten …
Foreign investment banks raise 2021 growth outlook for S.Korea
Top foreign investment banks, including Goldman Sachs, JP Morgan and HSBC, have upgraded South Korea’s growth outlook for this year by 0.1 percentage point on average from their previous estimate, a …
Foreign investment banks raise 2021 growth outlook for S.Korea
Top foreign investment banks, including Goldman Sachs, JP Morgan and HSBC, have upgraded South Korea’s growth outlook for this year by 0.1 percentage point on average from their previous estimate, a …
South Korea: Owners sue government for shutting down their small businesses
A group of small business owners in South Korea recently filed a case against the government for their financial losses. They have become more determined to sue as the social distancing measures in …