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Technology Stocks : Semi Equipment Analysis

SOXX 314.52

-0.6%

Dec 11 4:00 PM EST

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To: Return to Sender who wrote (83758)	8/1/2019 10:06:14 PM
From: Sam	2 Recommendations Recommended By Return to Sender Sr K Read Replies (2) of 95572

Japan approves bill removing Korea from list of trusted trading partners Japan's Cabinet approved a proposal Friday to remove South Korea from a list of trusted trading partners in a move seen as additional economic retaliation in a row over wartime forced labor. The decision, which was widely expected, follows Tokyo's first restriction, imposed on July 4, that applies a tougher approval process for exports to South Korea of three key chemicals used for semiconductor and display production. The new measure, which will take effect 21 days after its promulgation, is expected to deal yet another heavy blow to already frayed relations between the two countries. The row began after South Korea's Supreme Court rulings last year that Japanese firms should compensate forced labor victims. Japan has vehemently protested the decisions, arguing all reparation issues stemming from its 1910-45 colonial rule of Korea were settled under a 1965 accord that normalized bilateral ties. Japan claims the export curbs are unrelated to the forced labor issue but few believe the claim. continues at koreatimes.co.kr

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