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Japan-South Korea rift

South Korea sets for August sale of Japan assets over war labor

Court ruling triggers Tokyo, which warns of a 'serious situation'

Plaintiffs cheer in Seoul after receiving a favorable decision regarding compensation from South Korea's Supreme Court in 2018. (Photo by Yosuke Onchi) 

SEOUL/TOKYO -- A South Korean local court began a process that could lead to seizing assets of a Japanese company involved in wartime labor, a move which provoked criticism from Tokyo.

The move by the Pohang branch of Daegu District Court in southeastern Korea on Wednesday targets Nippon Steel, previously known as Nippon Steel & Sumitomo Metal Corp.

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