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[News Focus] Korea stands to lose more than Japan: poll

SEJONG -- This year on Aug. 15, South Koreans will celebrate Liberation Day and mark the 74th anniversary of Korean independence amid a trade war with Japan. Then on Sept. 18 the nation will commemo...

Aug 6, 2019
Politics
Japan unlikely to target Korea’s financial market: state policy chief

Kim Sang-jo, the president’s chief of staff for policy, said Tuesday the “possibility is very low” that Japan will target Korea’s financial market for economic retaliation amid thorny relations betwe...

Aug 6, 2019
Politics
National Assembly sends resolution to Japan over trade curbs

South Korea's National Assembly on Monday sent Japan a parliamentary resolution calling on Tokyo to withdraw its export curbs on the neighboring country. The statement sent by Speaker Moon Hee-sang ...

Aug 5, 2019
Politics
Moon says government must aim to overtake Japan’s economy

President Moon Jae-in on Monday stressed the need to seek economic growth and improve inter-Korean relations in overcoming trade curbing measures imposed by Japan. Speaking at a weekly meeting with ...

Aug 5, 2019
Politics
Food fight continues over ruling party chairman’s lunch at Japanese restaurant

Political parties continued their quarrel over the weekend as to whether it was appropriate for Lee Hae-chan, the chairman of the ruling Democratic Party of Korea, to visit a Japanese restaurant for ...

Aug 5, 2019
Politics
South Korea confirms 2020 minimum wage at W8,590

South Korea’s hourly minimum wage for next year has been confirmed at 8,590 won ($7.10) after a monthslong debate, the government said Monday. The Ministry of Employment and Labor legally set the fi...

Aug 5, 2019
Politics
S. Korea affirms next year's minimum wage as earlier set

The government announced Monday that the 2020 minimum wage will be set at 8,590 won ($7.16) per hour as earlier decided as it has rejected a call for more deliberation by the labor sector. The labor...

Aug 5, 2019
Politics
German museum removes wartime sex slave statue on Japan's pressure

Japan has allegedly pressured a German museum to remove a statue of a girl representing victims of Japan's World War II-era sexual slavery from display, a South Korean civic group said Sunday amid es...

Aug 4, 2019
Politics
Govt. vows to support local industries amid Japan's economic retaliation

South Korea's industry minister on Sunday vowed to provide any necessary support to local firms to help them cope with Japan's economic retaliation and export restrictions on key industrial materials...

Aug 4, 2019
Politics
Main opposition warns its lawmaker who showed up drunk at National Assembly

Main opposition Liberty Korea Party Chairman Hwang Kyo-ahn has issued a warning to Rep. Kim Jae-won, who stirred up controversy after answering questions on the extra budget under the influence of al...

Aug 4, 2019
Politics
Koreans hold candlelight vigil to protest Abe government

Some 680 civic groups held a candlelight vigil over the weekend in protest of the Japanese government’s decision to take South Korea off a list of preferred trading partners and to call on Tokyo to a...

Aug 4, 2019
Politics
PM says Japan 'crossed line' with removal of S. Korea from whitelist

Prime Minister Lee Nak-yon on Saturday blasted Japan for its decision to remove South Korea from a whitelist of trusted trading partners, saying that it "crossed a line it should not have." "(The de...

Aug 3, 2019
Politics
National Assembly passes W5.8tr extra budget bill

South Korea's parliament passed a 5.83-trillion won ($4.9 billion) extra budget bill Friday, supporting the government's efforts to prop up the slowing economy and tackle Japan's export curbs against...

Aug 2, 2019
Politics
Parliament passes resolution urging Japan to withdraw export curbs

The National Assembly on Friday passed a resolution calling on Japan to immediately withdraw its export curbs against South Korea in a unanimous vote during a plenary meeting. The five-point resolut...

Aug 2, 2019
Politics
S. Korean political parties rebuke Japan's 'whitelist' decision

South Korean political parties strongly condemned Japan's decision to remove South Korea from a list of preferred trade partners Friday, with the ruling party calling the move an "economic invasion."...

Aug 2, 2019
Politics

The Korea Herald by Herald Corporation

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