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Moon punches back and restricts exports to Japan
Korea will remove Japan from its own list of trusted trade partners and impose tighter regulations on tourism and food imports, a response to Tokyo’s newest economic retaliations announced earlier Friday. Deputy Economic Prime Minister Hong Nam-…
Aug 03,2019
Komeito’s comments (KOR)
SEO SEUNG-WOOK The author is a Tokyo bureau chief of the JoongAng Ilbo. “Japanese people are disappointed. It is because of the dissatisfaction that Korea does not keep promises between governments when administrations change. At th…
Aug 03,2019
At last minute, envoys fail to make progress
Seoul and Tokyo’s top diplomats were unable to narrow any differences during tense bilateral talks in Bangkok Thursday, and Japan appears poised to remove Korea from a list of countries with minimal export restrictions today, which will bring a major…
Aug 02,2019
Countering Japan with business (KOR)
SOHN HAE-YONG On August 29, 1994, Samsung Electronics announced it successfully developed the world’s first 256M DRAM. It was also the 84th anniversary of the Korea-Japan Annexation Treaty. The choice of the date signifies Korea’s triumph …
Aug 02,2019
Four missiles tested in six days
North Korea on Wednesday launched two short-range ballistic missiles from its eastern coast, the second such test in six days. According to South Korea’s Joint Chiefs of Staff (JCS), the missiles were fired at 5:06 a.m. and 5:27 a.m. from an area…
Aug 01,2019
A crusade against big companies (KOR)
CHANG CHUNG-HOON The author is the deputy industrial 2 team editor at the JoongAng Ilbo. For about a month since Japan placed export restrictions on key materials needed to produce semiconductors in Korea, the industry has been de…
Aug 01,2019
Korean airlines cut back on routes to Japan
Korean airlines are suspending flights and reducing the size of planes on Japanese routes as demand for seats plummets in the wake of a diplomatic-trade dispute between the neighbors. Asiana Airlines said Tuesday that it will use smaller airplanes…
July 31,2019
Anybody to mediate? (KOR)
JUNG HYO-SIK The author is a Washington correspondent of the JoongAng Ilbo. The expansion of the trade war is imminent as Japan is about to exclude Korea from a list of countries eligible for preferential treatment in trade. Korea…
July 31,2019
Trump’s challenge to WTO could hurt farmers
The government called for calm after U.S. President Donald Trump said he wants some countries including Korea to lose advantages given to self-designated “developing countries” by the World Trade Organization (WTO). The Ministry of Agriculture, F…
July 30,2019
Today’s debt is tomorrow’s tax (KOR)
HA HYUN-OCK The author is a finance team editor of the JoongAng Ilbo. John Maynard Keynes once wrote to his friend George Bernard Shaw, “I believe myself to be writing a book on economic theory which will largely revolutionize the …
July 30,2019
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