South Korea has made an announcement regarding a proposal to settle a labour dispute with Japan that dates back to the war.

On Monday, South Korea unveiled a controversial plan to raise local civilian funds to compensate Koreans who won damages in cases against Japanese businesses that enslaved them during World War II.

The proposal is a reflection of conservative South Korean President Yoon Suk Yeol's determination to repair strained ties with Japan and strengthen trilateral security cooperation between Seoul, Tokyo, and Washington in the face of Nor....