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Published 12 days ago

South Korea to consult Naver, after report firm faces Japan pressure to divest stake

Summary by WTVB
By Hyunsu Yim and Katya Golubkova SEOUL (Reuters) – South Korea said on Saturday it will consult with Naver, after media reported that the domestic internet company was under pressure from Japan to divest from a venture, adding that its companies should not face discrimination. The South Korean foreign ministry was asked to respond to a Kyodo news agency report earlier this week that Japan’s SoftBank Group was in talks to buy shares of LY Co…

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