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Samsung Electronics and SK Hynix are experiencing difficulties since Japan is restricting exports of chip- and display-making materials, but foreign investors are rushing to buy shares of the two chipmakers, according to the Korea Exchange Sunday. The stock market operator said foreigners bought 633.5 billion won ($537.3 million) worth of Samsung Electronics shares over the pa..

A mother of two children, surnamed Kang, had planned for some time to take her family to Sapporo, Japan. But the famous Odori Park and Sapporo Clock Tower are no longer on her itinerary ― the family will now go to the Vietnamese resort city of Da Nang amid an intensifying campaign for Koreans to boycott travel to Japan; a campaign sparked by Tokyo's trade restrictions on thr..

Intervention in realty market has more to lose than gain The government appears set to introduce price ceilings on apartments built by private contractors. "It is time to consider applying price limits to apartments constructed by private builders," Minister of Land, Infrastructure and Transport Kim Hyunmee told the National Assembly, Monday. The price ceiling on new apartment..

Government should not ignore business leader's appeal Korea Chamber of Commerce and Industry Chairman Park Yongmaan has vented his frustration with the reality facing domestic businesses confined by numerous regulations. "New industries are already stuck in a jungle of regulations, but new regulations are being made continuously," the KCCI head said on Facebook. Park expressed..

Abe should not make false claims over retaliation Japanese Prime Minister Shinzo Abe must have gone too far in defending Tokyo's export restrictions against South Korea over wartime forced labor issues. On Sunday, he insinuated the retaliatory measure has to do with international sanctions imposed on North Korea over its nuclear and missile tests. He seemed to call into questi..

Korea should see why it is lagging in No. 1 goods A report has shown that Korea lags behind not just Japan but also China in the number of goods it produces that occupy the largest share in the world market. According to a survey of 74 primary products by Japan's Nihon Keizai Shimbun last year, seven Korean goods had the largest global market share, the same as in 2017. On the..

Government should reduce non-essential spending The government's collection of income from taxes has turned sluggish this year. Revenue in the first five months of 2019 stood at 139.5 trillion won ($118.2 billion), down 1.2 trillion won from a year ago. The national tax income increased in January year-on-year but decreased over the next four months. Despite the dwindling reve..

Rep. Ha Taekeung of the minor opposition Bareunmirae Party (BMP) claimed Thursday that Japan sent sanctioned material to North Korea on 30 occasions over the last two decades, some of which were used in the production of nuclear weapons. Citing data from Japan's Center for Information on Security Trade Control (CISTEC), a nongovernmental organization which deals with security ..

Authorities should minimize fallout of cancellation of elite schools The Moon Jaein administration is required to make concerted efforts to normalize school education after education offices across the country decided to strip private elite high schools of their status. The decision was made in line with Moon's campaign promise to shut down elite schools to "help" students enj..

Nominee Yoon could be capable, but not best man Prosecutor General nominee Yoon Seokyoul has been branded as the right person to lead prosecutorial reform by liberal politicians since being picked for the position last month by President Moon Jaein. Yoon was a widely anticipated choice for the job given his strong track record as a reform-minded prosecutor and Moon's confidenc..