
S. Korean tech firms urge lawmakers to stop Google from using own billing system
Mar 17, 2021 15:27 pm UTC| Economy Technology
South Korean online companies urged lawmakers to pass a bill restricting Googles planned enforcement of its billing system. Googles plan to require all app developers on its Play store to use its billing system is...

Japan's exports fall 4.5% due to weaker demands from US, China
Mar 17, 2021 13:32 pm UTC| Economy
Japanese exports fell 4.5 percent on-year in February, its first dip in three months, as the US and China-bound shipments weakened. The dip was preceded by a 6.4 percent gain in January. According to the Ministry of...

Chinese firms on investment blacklist encouraged by Xiaomi win, eye lawsuits against US
Mar 17, 2021 09:56 am UTC| Economy
Chinese firms targeted by former President Donald Trumps investment ban are thinking of suing the US government, encouraged by a federal judges suspension of blacklisting for Beijing-based smartphone maker Xiaomi. A...

US urged to block solar products from China's Xinjiang due to forced labor
Mar 17, 2021 00:04 am UTC| Economy
The largest US labor federation is calling for a ban on solar products importation from Chinas Xinjiang region over human rights concerns. The leader of the AFL-CIO, Richard Trumka, had written Secretary of State Antony...

S. Korean air shipments soar to $183 billion
Mar 16, 2021 23:57 pm UTC| Economy
South Koreas airfreight export deliveries reached $183 billion in 2020 to account for 36 percent of the countrys combined $512.5 billion exports last year, according to the data compiled by the Korea International Trade...

Japan orders record number of Taiwanese pineapples to counter China's ban
Mar 15, 2021 23:59 pm UTC| Economy
Japan has ordered a record number of 10,000 tons of Taiwanese pineapples after China suspended imports of the fruit on March 1 in an apparent attempt to squeeze its economy. Shunsuke Shirakawa, chairman of the Japan...

BOK to prop up S. Korea's modest economic recovery
Mar 11, 2021 23:44 pm UTC| Economy
The Bank of Korea (BOK) will continue monetary easing to prop up an expected modest recovery in South Koreas economy. According to the BOK, it will pay close attention to household debts and financial imbalances as...