One of the stars of ‘Parasite’ said he hoped the film would help improve cultural ties between Japan and Korea, which have been strained by disputes including a trade row that ignited between the Asian neighbors last year.
The South Korean economy expanded at the slowest pace in a decade in 2019, largely weighed down by an extended slump in outbound shipments amid a lengthy trade row between the United States and China, the central bank said Wednesday.
The Bank of Korea (BOK) on Wednesday slashed its policy rate by a quarter percentage point to 1.25 percent, noting the growth of the local economy may further slow without support for sluggish exports and domestic consumption.
South Korean Ambassador to Iran Jeong-Hyun Ryu highlighted the East Asian country’s willingness to boost economic cooperation with the Islamic Republic and said the level of bilateral trade should return to that of the pre-sanctions era.
South Korea cabinet on Tuesday approved the waiving of preliminary feasibility studies for 23 projects worth 24.1 trillion won ($21.5 billion) in the latest move to promote balanced regional development.