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 restri
U.S. President Donald Trump said Monday there was "very positive" correspondence recently with North Korea and that the two sides will meet for nuclear talks when the communist regime is ready.Trump's remark comes after he and North Korean leader Kim Jong-un held an impromptu meeting at the in
U.S. National Security Adviser John Bolton will make a two-day visit to Seoul this week for consultations with top government officials, Cheong Wa Dae announced Sunday amid trade tension between South Korea and Japan. Chung Eui-yong, chief of the presidential national security office, plans to hold
U.S. National Security Adviser John Bolton left for South Korea and Japan on Saturday, a U.S. official said, amid a growing trade dispute between Seoul and Tokyo over wartime forced labor.White House National Security Council spokesman Garrett Marquis said on Twitter that Bolton "departed today for
The office of President Moon Jae-in accused Japan on Friday of breaching international law with unilateral export restrictions against South Korea, saying it is considering "all options," including a review of a bilateral military information-sharing pact. Kim Hyun-chong, deputy chi
South Korea's economy could suffer a setback from Japan's export restrictions, the finance minister said Thursday, as an escalating standoff between South Korea and Japan shows no signs of abating. Japan has tightened regulations on exports to South Korea of three materials -- resist, etchin
South Korea is considering "various scenarios" for what to do about an escalating row over Japan's wartime forced labor, depending on how Tokyo reacts after its deadline for an arbitration panel on the issue expired on Thursday, officials said. Tokyo gave Seoul until Thursday to respond to its
President Moon Jae-in and the heads of five major political parties agreed to launch a bipartisan task force to cope with Japan's use of trade as a means of retaliation over a historical issue. The decision came during three-hour-long talks Moon held with the ruling and opposition party leaders
The United States will do "what it can" to help resolve an increasingly rancorous diplomatic spat between South Korea and Japan, a senior American diplomat said Wednesday. David Stilwell, new assistant secretary of state for East Asian and Pacific affairs, made the remarks in the wake of Seoul'
Samsung Electronics Co. has begun testing etching gas critical for the production of semiconductors, a source familiar with the issue said Wednesday, as South Korea is struggling to cope with Japan's export restrictions. Since July 4, Japan tightened regulations on exports to South Korea of resi
By Publisher Lee Kyung-sik with Busienss Editor Kim Neung-hyun, Reporters Kim Jung-mi, Son Da-som, Kim Do-kyunKorean companies are welcome to invest in variouos national development projects in Indonesia as the country needs investment in people in order to develop skills and knowledge required in t
A North Korean nuclear negotiator, reported to have been executed as punishment for the failed summit in Hanoi with the United States, appears to be alive, South Korea's state intelligence agency told lawmakers here Tuesday. Citing multiple sources, a Seoul-based newspaper reported in late May t
The United States looks forward to resuming talks with North Korea, the State Department said Tuesday, after Pyongyang warned that the prospect of talks would be affected if the U.S. goes ahead with a military exercise with South Korea. The North's foreign ministry issued the warning Tuesday, ar
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 expo
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 counterpro
Returning from a trip to the United States for consultations on Japan's recent export curbs, a top Cheong Wa Dae official said U.S. officials expressed understanding of Seoul's position on the matter. Kim Hyun-chong, deputy chief of Cheong Wa Dae's National Security Office, said he "ade
President Moon Jae-in offered a public apology Sunday for an apparent failure to keep his campaign pledge to raise South Korea's minimum wage to 10,000 won (US$8.48) per hour by 2020. Moon delivered the message through his chief of staff for policy, Kim Sang-jo. "As the president, it's very
The U.S. House of Representatives has passed an amendment to a bill calling for a formal end to the 1950-53 Korean War, advocacy groups said Friday.The text, led by Reps. Ro Khanna (D-CA) and Brad Sherman (D-CA), was passed Thursday as an amendment to the National Defense Authorization Act for fisca
Japan reaffirmed on Friday that it has no intention to lift export curbs against South Korea, indicating that the trade row between the neighbors could last longer than expected, Seoul's trade ministry said.During a working-level meeting in Tokyo earlier in the day, the Japanese side claimed tha
An opposition lawmaker claimed Thursday he has identified data from a Japanese agency showing that Japanese firms allegedly smuggled strategic items to North Korea that include hydrogen fluoride, a material subject to Tokyo's export curbs on South Korea. The revelation came in an apparent bid to