South Korea dislikes China's response to anti-missile system

South Korea dislikes China's response to anti-missile system

On Monday, South Korea's trade minister told that Seoul had complained to the World Trade Organization about China's recent retaliation against South Korean companies over the deployment of an American anti-missile defense system in the South.

The South Korean government notified the WTO that China might be in violation of certain trade agreements.

The issue was actually raised with the WTO's Council for Trade in Services on Friday right after China dared to impose restrictions on a series of South Korean companies in the tourism as well as distribution sectors.

A trade ministry official, who asked not to be identified due to the sensitivity of the matter, told that the complaint couldn’t be categorized as legal action. It was rather a request for the World Trade Organization to look into whether China was upholding trade agreements fairly enough or not.

Meanwhile, in Beijing, Hua Chunying, Chinese Foreign Ministry spokeswoman refused to comment directly on the WTO complaint.



Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera