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S. Korea calls Japan’s export restrictions economic retaliation

S. Korea calls Japan’s export restrictions economic retaliation

South Korea’s finance minister on Thursday pressed Japan to withdraw its export restrictions, denouncing them as an economic retaliation. Hong Nam-ki, the minister of economy and finance, said South Korea will decide when to file a complaint with the World Trade Organization over Japan’s decision as soon as an internal review is over. “We believe […]

S. Korea’s jobless rate rises to 4.7 pct in February

S. Korea’s jobless rate rises to 4.7 pct in February

South Korea’s jobless rate rose to 4.7 percent in February despite the increased pace of hiring, government data showed Wednesday, in the latest sign of an economic slowdown in Asia’s fourth-largest economy. The unemployment rate marked the highest level for any February since 2017, when the corresponding figure stood at 4.9 percent, according to Statistics […]

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