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S. Korea's exports to China tumble 26 pct in H1: data
SEOUL, July 21 (Yonhap) -- South Korea's exports to China fell 26 percent in the first half of this year on Beijing's falling demand for chips and display items amid a global economic slowdown, data showed Friday.Outbound shipments to China c
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(LEAD) Exports down 15.2 pct during first 20 days of July
(ATTN: UPDATES with details throughout)SEJONG, July 21 (Yonhap) -- South Korea's exports fell 15.2 percent on-year in the first 20 days of July amid the protracted slump in the chip sector, data showed Friday. The country's outbound shipments
Seoul shares open lower on U.S. rate hike woes
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SEOUL, July 21 (Yonhap) -- South Korean stocks started lower Friday as investors took a cautious stance amid strong U.S. jobs data.The benchmark Korea Composite Stock Price Index (KOSPI) fell 24.37 points, or 0.94 percent, to 2,575.86 in the first 15
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S. Korea to offer tax, financial support to victims of downpour
By Kang Yoon-seungSEJONG, July 21 (Yonhap) -- South Korea will provide all available tax and financial support to the victims of the recent downpour, the finance minister said Friday, while focusing onpreventing its impact on consumer prices of agric
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Exports down 15.2 pct during first 20 days of July
SEJONG, July 21 (Yonhap) -- South Korea's exports fell 15.2 percent on-year in the first 20 days of July amid the protracted slump in the chip sector, data showed Friday.The country's outbound shipments reached US$31.2 billion in the July 1-2
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(LEAD) S. Korea to speed up digitalization of service sector
(ATTN: UPDATES with more info in last 2 paras; ADDS photo)By Kang Yoon-seungSEJONG, July 21 (Yonhap) -- South Korea's finance ministry said Friday the country will speed up efforts to adopt digital technologies in the service sector, with the goa
S. Korea to speed up digitalization of service sector
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By Kang Yoon-seungSEJONG, July 21 (Yonhap) -- South Korea's finance ministry said Friday the country will speed up efforts to adopt digital technologies in the service sector, with the goal of enhancing its competitiveness and bringing convenienc
Top headlines in major S. Korean newspapers
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SEOUL, July 21 (Yonhap) -- The following are the top in major South Korean newspapers on July 21.Korean-language dailies-- Young teacher's apparent suicide raises public outcry against infringement of teachers' rights (Kyunghyang Shinmun)--
Lemon to raise 19.2 bln won via stock sale
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SEOUL, July 20 (Yonhap) -- Lemon Co.on Thursday announced that it will sell stock to raise 19.2 billion won (US$15.2 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing, the
Thira-utech to raise 5 bln won via stock offering
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SEOUL, July 20 (Yonhap) -- Thira-utech Co.on Thursday announced that it will sell stock to raise 5 billion won (US$3.9 million). The proceeds from the stock sale will be used mainly to pay off its debts.According to a regulatory filing, the company w
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S. Korea to sell 13 tln won worth of Treasurys in Aug.
SEOUL, July 20 (Yonhap) -- South Korea plans to sell 13 trillion won (US$10.2 billion) in state bonds next month, the finance ministry said Thursday.The country will issue 1.6 trillion won in Treasurys with a maturity of two years and another 2.4 tri
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Late Samsung head's art collection museum passes feasibility review
SEOUL, July 20 (Yonhap) -- South Korea's finance ministry said Thursday it has approved the feasibility review to build a new art museum in central Seoul that will display works collected by late Samsung Chairman Lee Kun-hee.Lee's family dona
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S. Korea designates 7 'specialized complexes' for strategic, advanced industries
SEOUL, July 20 (Yonhap) -- South Korea announced a decision Thursday to designate seven "specialized complexes" for the semiconductor, display and secondary battery industries in major cities across the country to offer a package of incen
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N. Korea's trade reliance on China hits 10-year high in 2022
SEOUL, July 20 (Yonhap) -- North Korea's dependency on China for foreign trade hit its highest level in 2022 since its leader Kim Jong-un took the helm of the reclusive country 10 years earlier, a report showed Thursday.Pyongyang's trade with
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S. Korea discusses zero-emission measures with Asian partners
SEOUL, July 20 (Yonhap) -- South Korea's trade chief met with ambassadors of seven Asian nations to Seoul on Thursday for talks on ways to enhance cooperation on net-zero goals, his office said.Trade Minister Ahn Duk-geun held a roundtable meetin
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FTC slaps 40.9 bln won in fines on drug firms for bid-rigging
SEOUL, July 20 (Yonhap) -- South Korea's antitrust regulator said Thursday it has decided to slap combined fines of 40.9 billion won (US$32.2 million) on 32 pharmaceutical companies involved in collusive practices in the government's procurem
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Vehicle registrations rise 12 pct in S. Korea in H1
SEOUL, July 20 (Yonhap) -- South Korea's newly registered vehicles rose 12 percent in the January-June period from a year earlier, helped by increased sales of environmentally friendly models, the transport ministry said Thursday.The number of re
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June Huh says S. Korean mathematicians can win Fields Medal within 10 years
By Kim BoramSEOUL, July 19 (Yonhap) -- June Huh, the Korean American who won the Fields Medal last year, said Wednesday that South Korean mathematicians are competitive and capable enough to win the prestigious award within 10 years."There are
The Codi to raise 3 bln won via stock offering
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SEOUL, July 19 (Yonhap) -- The Codi Co.on Wednesday announced that it will sell stock to raise 3 billion won (US$2.4 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the compan
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Renault Korea workers tentatively OK 2023 wage deal
SEOUL, July 19 (Yonhap) -- Unionized workers at Renault Korea Motors have reached a tentative wage deal with the company for this year as part of win-win efforts for sustainable growth, the company said Wednesday. Under the tentative agreement, Renau
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