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The announcement came just before the leaders of South Korea and Japan were to meet for a summit to mend their frayed ties and boost cooperation.Why did South Korea's ties plunge after World War II?
Ties plunged after South Korea’s Supreme Court in 2018 ordered two Japanese companies, Nippon Steel and Mitsubishi Heavy Industries, to compensate some of their former Korean employees for forced labor during World War II.Will South Korea build a chip factory?
South Korea says it will build an enormous facility to make computer chips in greater Seoul, with about $230 billion in investment from private companies.Why did South Korea's money supply decrease in January?
SEOUL, March 15 (Yonhap) -- South Korea's money supply decreased for the first time in nearly 10 years in January, largely due to aggressive monetary tightening by the Bank of Korea (BOK), central bank data showed Wednesday. The country's M2, a key gauge of the money supply, stood at 3,803. 4 trillion won (US$2. 93 trillion) in January, down 6.