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Naver To Consult South Korea After Japan s Pressure To Divest Stake

(CTN News) - According to media reports on Saturday, South Korea will consult with Naver, a domestic internet company. This is after......

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South Korea to act following reports of Japan pressuring Naver to divest stake in LY Corp

Kyodo news agency reported that SoftBank was in talks to buy shares of LY Corp from Naver after guidance from Japan's government.

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South Korea to Consult Naver, After Report Firm Faces Japan Pressure to Divest Stake

South Korea to Consult Naver, After Report Firm Faces Japan Pressure to Divest Stake
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South Korea to consult Naver, after report firm faces Japan pressure to divest stake

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 Corp from Naver after administrative guidance from Japan's internal affairs and communications ministry over a data leak last year.

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World News Roundup: Russian missiles pound Ukrainian power plants in escalating campaign; U S intelligence believes Putin probably didn t order Navalny to be killed - WSJ and more

World News Roundup: Russian missiles pound Ukrainian power plants in escalating campaign; U S intelligence believes Putin probably didn t order Navalny to be killed - WSJ and more
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