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Nuvei Opens New Office in China as It Continues to Expand Its Footprint in APAC

Nuvei Opens New Office in China as It Continues to Expand Its Footprint in APAC

Nuvei’s increased presence in the region is enabling eCommerce businesses to reach local and cross-border customers MONTREAL, Oct. 02 (Korea Bizwire) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today it has opened its latest operational hub in China as it continues to expand its presence in [...]

S. Korea, China, Japan Hold High-level Talks to Discuss Trilateral Summit

S. Korea, China, Japan Hold High-level Talks to Discuss Trilateral Summit

SEOUL, Sept. 26 (Korea Bizwire) — South Korea, China and Japan held a high-level meeting Tuesday to discuss three-way cooperation and explore the possibility of resuming the long-stalled summit of their leaders. The trilateral senior officials’ meeting held in Seoul brought together South Korean Deputy Foreign Minister Chung Byung-won; Takehiro Funakoshi, Japan’s senior deputy foreign [...]

S. Korea, China, Japan to Hold Talks This Week to Discuss Three-way Summit

S. Korea, China, Japan to Hold Talks This Week to Discuss Three-way Summit

SEOUL, Sept. 25 (Korea Bizwire) — South Korea, China and Japan are set to hold a series of meetings in Seoul on Monday to discuss resuming the long-stalled summit of their leaders. The deputy director-general meetings come a day before high-level talks among South Korean Deputy Foreign Minister Chung Byung-won, Takehiro Funakoshi, Japan’s senior deputy [...]

S. Korea Asks for U.S.’ Cooperation Regarding Chip Export Controls on China

S. Korea Asks for U.S.’ Cooperation Regarding Chip Export Controls on China

SEOUL, Sept. 22 (Korea Bizwire) — South Korea’s Industry Minister Bang Moon-kyu met with U.S. Deputy Secretary of Commerce Don Graves in Seoul on Friday and asked for addressing concerns among domestic chipmakers regarding Washington’s semiconductor export controls on China, his office said. In October last year, the U.S. announced a set of rules that [...]

U.S. Official Voices Concerns over N. Korean Detainees in China at Risk of Repatriation

U.S. Official Voices Concerns over N. Korean Detainees in China at Risk of Repatriation

WASHINGTON, Sept. 19 (Korea Bizwire) — A U.S. diplomat expressed concerns Tuesday over North Korean detainees in China who are at the risk of torture if repatriated, calling on Beijing to comply with the international principle of non-refoulement. Jung Pak, deputy special representative for North Korea, made the remarks during a forum on the human [...]

Earnings from Korean Exports of Cathode Materials Flow Back to China, Key Supplier of Ingredient Compounds

Earnings from Korean Exports of Cathode Materials Flow Back to China, Key Supplier of Ingredient Compounds

SEOUL, Sept. 6 (Korea Bizwire) — South Korea’s exports of cathode materials have experienced significant growth, primarily driven by the rapid expansion of the secondary battery industry, especially in the electric vehicle sector. However, a substantial portion of the earnings from South Korea’s cathode material exports are flowing back to China, which supplies crucial ingredient [...]

S Korea‘s Chip Industry Faces Tough Choice Between U.S. and China: Report

S Korea‘s Chip Industry Faces Tough Choice Between U.S. and China: Report

SEOUL, Sept. 1 (Korea Bizwire) — South Korea’s chip industry, heavily dependent on China for production and exports, faces a dilemma due to the United States government’s policy of promoting sanctions against Beijing, a report showed Thursday. The global chip supply network is projected to undergo reorganization between 2025 and 2030, aligning with the anticipated [...]