Japan Protests as Firm’s Funds Hit for S. Korea Compensation ...Middle East

(Bloomberg) — Japan protested to South Korea’s ambassador after Japanese company funds lodged with a Seoul court were paid out as compensation over colonial-era forced labor, a step Tokyo said was a breach of a 1965 treaty.  HT Image Vice-Minister for Foreign Affairs Masataka Okano summoned Yun Dukmin Wednesday and told him the payment “placed Japanese companies at an unfair disadvantage,” describing it as “extremely regrettable,” the ministry said in a statement.  Hindustan Times – your fastest source for breaking news! Read now. The plaintiff, a relative of a deceased former laborer, received 60 million won ($45,000) in funds that Hitachi Zosen Corp. had deposited at the court dur

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