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  (LEAD) S. Korea wary of greater market volatility over Silicon Valley Bank failure

  (ATTN: UPDATES with more details of National Pension Service's investment in SVB in last 3 paras)SEOUL, March 12 (Yonhap) -- The collapse of the United States' Silicon Valley Bank (SVB) could heighten volatility and uncertainties in the finan
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  LGES CEO leaves for China for EV battery biz: source

  SEOUL, March 12 (Yonhap) -- Kwon Young-soo, chief of LG Energy Solution Ltd. (LGES), embarked on a business trip to China on Sunday to check on its electric vehicle (EV) battery plant in China, according to an industry source.During the five-day trip
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  S. Korea wary of greater market volatility over Silicon Valley Bank failure

  SEOUL, March 12 (Yonhap) -- The collapse of the United States' Silicon Valley Bank (SVB) could heighten volatility and uncertainties in the financial market, South Korea's finance ministry said Sunday, vowing to beef up monitoring and swift r
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  KT Skylife's nominee for new chief offers to resign

  SEOUL, March 12 (Yonhap) -- The nominee for the new chief of KT Skylife Co., a satellite broadcasting affiliate of local telecom giant KT Corp., said Sunday he has offered to resign.Yoon Jeong-sig told Yonhap News Agency that he has requested KT to r
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  Beijing again excludes S. Korea from group tour destination

  SEOUL, March 10 (Yonhap) -- China on Friday shunned South Korea in its second batch of countries allowed for Chinese group tourists, a move widely seen as a form of political complaint.The Chinese culture ministry added 40 foreign countries, includin
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  (LEAD) 2 live bullets found at Korean Air plane about to take off; authorities find no link to terrorism

  (ATTN: RECASTS headline; ADDS land ministry's stance, more details of incident in last 4 paras)INCHEON, March 10 (Yonhap) -- Two live bullets were found on a Korean Air plane about to take off from Incheon International Airport on Friday, groundi
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  LG Group chairman sued over inheritance

  SEOUL, March 10 (Yonhap) -- LG Group Chairman Koo Kwang-mo has been sued by his family over inheritance he received more than four years ago, in a dispute that is feared to shake management of the country's fourth-largest chaebol.Koo's stepmo
• S. Korea, China's Shandong discuss ways to boost economic cooperation

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  SEOUL, March 10 (Yonhap) -- Senior officials of the South Korean government and China's eastern province of Shandong discussed ways Friday to enhance cooperation on supply chains, logistics and overall economic cooperation, Seoul's industry m
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  (News Focus) Online car selling platforms gain momentum in S. Korea

  By Choi Kyong-aeSEOUL, March 10 (Yonhap) -- Boosted by the popularity of U.S. electric carmaker Tesla Inc., automakers are increasingly adopting online car selling platforms to revive sales in South Korea amid the prolonged COVID-19 pandemic. In 2017
• PM calls for all-out efforts for Busan expo campaign

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  SEOUL, March 10 (Yonhap) -- Prime Minister Han Duck-soo called on the government and the private sector Friday to make all-out efforts to win the bid to host the 2030 World Expo in the southeastern port city of Busan, with the announcement on the fin
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  Live bullet found at Korean Air plane about to take off; passengers evacuated

  INCHEON, March 10 (Yonhap) -- A live bullet was found on a Korean Air plane about to take off from Incheon International Airport on Friday, grounding the aircraft and causing more than 200 passengers to evacuate, airport police said. The airport poli
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  (2nd LD) S. Korea posts record current account deficit in Jan. as exports slump amid recession woes

  (ATTN: ADDS BOK's outlook in paras 11-12)SEOUL, March 10 (Yonhap) -- South Korea posted the largest ever current account deficit in January as exports sharply dwindled amid growing worries over a global economic recession, central bank data showe
• Seoul stocks open sharply lower on Wall Street losses

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  SEOUL, March 10 (Yonhap) -- Seoul stocks opened lower Friday, following overnight Wall Street losses amid growing fears over faster rate hikes by the Federal Reserve.The benchmark Korea Composite Stock Price Index (KOSPI) shed 25.35 points, or 1.05 p
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  (LEAD) S. Korea posts record current account deficit in Jan. as exports slump amid recession woes

  (ATTN: RECASTS headline, lead; ADDS more data from 3rd para, photo)SEOUL, March 10 (Yonhap) -- South Korea posted the largest ever current account deficit in January as exports sharply dwindled amid growing worries over a global economic recession, c
• S. Korea posts current account deficit of US$4.52 bln in Jan. amid sluggish exports

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  SEOUL, March 10 (Yonhap) -- South Korea posted a current account deficit of over US$4 billion in January as exports sharply dwindled amid growing worries over a global economic recession, central bank data showed Friday.The country's current acco
• (URGENT) S. Korea logs current account deficit of US$4.52 bln in Jan.: BOK

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  (END)
• (EDITORIAL from Korea JoongAng Daily on March 10)

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  Semiconductor summitPresident Yoon Suk Yeol must deal with the nuclear threats from North Korea and establish a reliable security cooperation system in his state visit to the United States next month. But economic challenges are as important. He must
• (EDITORIAL from Korea Times on March 10)

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  Broken 'Korean dream'Migrant workers deserve more humane treatment"A frog does not remember when it was a tadpole," an old Korean saying goes.Whenever Koreans talk about their country's shift from a beggar to a donor in just t
• Top headlines in major S. Korean newspapers

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  SEOUL, March 10 (Yonhap) -- The following are the top in major South Korean newspapers on March 10.Korean-language dailies-- This year's economic growth to fall 1.4 percentage points; impacts of high interest rates to get stronger (Kyunghyang Sh
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  (2nd LD) Yoon attends groundbreaking ceremony for S-Oil petrochemical plant

  (ATTN: UPDATES with Yoon's visit to Hyundai facility; ADDS photo)By Lee Haye-ah and Kim Seung-yeon SEOUL, March 9 (Yonhap) -- President Yoon Suk Yeol attended the groundbreaking ceremony for a 9.3 trillion-won (US$7 billion) petrochemical plant i