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• Top headlines in major S. Korean newspapers

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  SEOUL, Feb. 15 (Yonhap) -- The following are the top in major South Korean newspapers on Feb. 15.Korean-language dailies-- Artificial intelligence is more human than humans (Kyunghyang Shinmun)-- 400,000 leave home amid despair; even silver lining o
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  Import prices down in Jan. on stronger local currency

  SEOUL, Feb. 15 (Yonhap) -- South Korea's import prices fell for a third straight month in January despite oil price hikes, largely due to the local currency's rise against the U.S. dollar, central bank data showed Tuesday.The import price ind
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  (LEAD) Korea Aerospace's 2022 net more than double on parts orders, weak won

  (ATTN: CHANGES headline, lead and throughout with updated info)SEOUL, Feb. 14 (Yonhap) -- Korea Aerospace Industries Ltd. (KAI), South Korea's sole aircraft manufacturer, said Tuesday its net profit more than doubled in 2022 from a year earlier o
• Hankook & Company 2022 net income down 20.5 pct to 159.1 bln won

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  SEOUL, Feb. 14 (Yonhap) -- Hankook & Company Co. on Tuesday reported its 2022 net profit of 159.1 billion won (US$125.3 million), down 20.5 percent from a year earlier.The company said in a regulatory filing that operating income for the year rose 4.
• Hankook & Company shifts to loss in Q4

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  SEOUL, Feb. 14 (Yonhap) -- Hankook & Company Co. on Tuesday reported its fourth-quarter net loss of 57.9 billion won (US$45.6 million), swinging from a profit of 22.4 billion won a year earlier.The company said in a regulatory filing that operating i
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  Mongolia endorses S. Korea's World Expo bid

  SEOUL, Feb. 14 (Yonhap) -- Mongolia supports South Korea's bid to host the World Expo in the southern city of Busan in 2030, as it will help benefit all Asian countries in the region, its prime minister said Tuesday. "The Mongolian governme
• Hyundai Green Food 2022 net income up 20.6 pct to 49.8 bln won

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  SEOUL, Feb. 14 (Yonhap) -- Hyundai Green Food Co. on Tuesday reported its 2022 net profit of 49.8 billion won (US$39.2 million), up 20.6 percent from a year earlier.Operating profit for the year was 68.7 billion won, up 17.2 percent on-year, the comp
• Hyundai Green Food remains in red in Q4

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  SEOUL, Feb. 14 (Yonhap) -- Hyundai Green Food Co. on Tuesday reported its fourth-quarter net loss of 42.2 billion won (US$33.2 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it continued to post a
• Korea Aerospace Industries 2022 net income up 117.4 pct to 115.9 bln won

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  SEOUL, Feb. 14 (Yonhap) -- Korea Aerospace Industries Ltd. on Tuesday reported its 2022 net profit of 115.9 billion won (US$91.3 million), up 117.4 percent from a year earlier.Operating profit for the year was 141.6 billion won, up 142.9 percent on-y
• Korea Aerospace Industries remains in red in Q4

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  SEOUL, Feb. 14 (Yonhap) -- Korea Aerospace Industries Ltd. on Tuesday reported its fourth-quarter net loss of 23.2 billion won (US$18.3 million), remaining in the red compared with a year ago.Operating profit for the October-December period was 37.5
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  E-Mart Q4 net doubles on increased profitability of affiliates

  SEOUL, Feb. 14 (Yonhap) -- E-Mart Inc. on Tuesday said its net income in the fourth quarter more than doubled from a year earlier on improved profitability of its affiliates. Net income came to 148.7 billion won (US$ 117.3 million) on a consolidated
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  NH Financial's 2022 net falls 2.7 pct amid investment loss

  SEOUL, Feb. 14 (Yonhap) -- South Korean financial holding firm Nonghyup Financial Group Inc. said Tuesday its net earnings fell 2.7 percent last year, largely as losses from investment in the stock market and loan-loss deposit outweighed increased in
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  Hyundai Mobis to invest 10 tln won in future mobility solutions

  SEOUL, Feb. 14 (Yonhap) -- Hyundai Mobis Co., South Korea's leading auto parts maker, said Tuesday it will invest up to 10 trillion won (US$7.9 billion) in future mobility solutions in the next three years. Hyundai Mobis will inject 5 to 6 trilli
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  HMM places order for 9 methanol-fueled container ships

  SEOUL, Feb. 14 (Yonhap) -- South Korea's top container shipper HMM Co. on Tuesday signed a 1.41 trillion-won (US$1.1 billion) deal with two local shipbuilders to build nine methanol-propelled container ships as part of its push to go carbon neutr
• Grand Korea Leisure remains in red in Q4

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  SEOUL, Feb. 14 (Yonhap) -- Grand Korea Leisure Co. on Tuesday reported its fourth-quarter net loss of 8.9 billion won (US$7.1 million), remaining in the red compared with a year ago.Operating income for the October-December period was 5.4 billion, co
• Grand Korea Leisure remains in red in 2022

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  SEOUL, Feb. 14 (Yonhap) -- Grand Korea Leisure Co. on Tuesday reported its 2022 net loss of 22.7 billion won (US$17.9 million), remaining in the red compared with the previous year.The company said in a regulatory filing that it continued to post an
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  Hanjin establishes Indonesia subsidiary to strengthen logistics biz

  SEOUL, Feb. 14 (Yonhap) -- Hanjin Transportation Co. said Tuesday it converted its representative office in Indonesia's Jakarta into a corporation last month, as the logistics company tries to diversify its business portfolio amid Indonesia's
• KCC shifts to profits in 2022

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  SEOUL, Feb. 14 (Yonhap) -- KCC Corp. on Tuesday reported its 2022 net profit of 28.5 billion won (US$22.5 million), swinging from a loss of 53.2 billion won a year earlier.The company said in a regulatory filing that operating profit for the year ros
• KCC swings to profits in Q4

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  SEOUL, Feb. 14 (Yonhap) -- KCC Corp. on Tuesday reported its fourth-quarter net profit of 79.5 billion won (US$62.7 million), shifting from a loss of 232.2 billion won a year earlier.Operating income for the October-December period was 57.6 billion w
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  POSCO Holdings signs MOU with Aussie firm for lithium project in U.S.

  SEOUL, Feb. 14 (Yonhap) -- POSCO Holdings Inc., South Korea's top steelmaker, said Tuesday it has signed a memorandum of understanding with an Australian firm to look into a lithium project in the United States.Under the non-binding pact, POSCO a