South Korea

South Korea to file WTO complaint over Japan export curbs

South Korean protesters hold up a sign saying "Boycott Japan" in Seoul
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South Korea will file a complaint to the World Trade Organization (WTO) over the export restrictions imposed by Japan, escalating the dispute between the two countries.

A diplomatic row over forced wartime labour during World War II between Seoul and Tokyo has developed into a trade battle.

In July, Japan tightened export controls on three materials to South Korea that are crucial to make high tech equipment including memory chips.

"We have decided to complain about Japan's measures at the WTO... to prevent the act of abusing trade for political purposes from recurring," South Korea's Trade Minister Yoo Myung-Hee said at a briefing.

South Korea and Japan's fued explained

‘Age is just a number’ for senior cheerobics team
A group of Korean women in their 70s have found new freedom in their older age in "cheerobics", a mixture of cheerleading and aerobics.

Japanese car sales in South Korea fall sharply

Japanese car sales in South Korea fell 57% in August from a year earlier, Reuters has reported.

Toyota's South Korean sales fell 59% in August compared to the year before, while Honda's sales plunged 81%, the report said, citing industry data.

South Korea grew by less than previously thought in Q2

People walk cross the road in front of the Bank of Korea in Seoul on October 25, 2016
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South Korea grew by less than previously estimated, the Bank of Korea has said.

Gross domestic product increased by 1.0 percent in the second quarter of 2019 compared to the previous quarter, 0.1 percentage points lower than in the previous advance estimate, it said on its website.