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Yonhap News Summary
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The following is the first summary of major stories moved by Yonhap News Agency on Tuesday.-----------------S. Korea, Japan seek ways to mend ties in bilateral talksWASHINGTON -- Vice foreign ministers of South Korea and Japan held rare bilateral tal
E-Mart 2022 net profit down 36.1 pct to 1.01 tln won
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SEOUL, Feb. 14 (Yonhap) -- E-Mart Inc. on Tuesday reported its 2022 net profit of 1.01 trillion won (US$800.9 million), down 36.1 percent from a year earlier.Operating income for the year was 145.1 billion won, down 54.2 percent from the previous yea
E-Mart Q4 net income up 122.3 pct to 148.7 bln won
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SEOUL, Feb. 14 (Yonhap) -- E-Mart Inc. on Tuesday reported its fourth-quarter net income of 148.7 billion won (US$117.2 million), up 122.3 percent from a year earlier.Operating profit for the October-December period was 22.3 billion won, down 71.2 pe
Money supply shrinks for 1st time in 9 months in Dec.
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SEOUL, Feb. 14 (Yonhap) -- South Korea's money supply shrank for the first time in nine months in December due in part to a decline in on-demand bank deposits, central bank data showed Tuesday.The country's M2, a key gauge of the money supply
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SsangYong signs export deal with UAE firm this year
SEOUL, Feb. 14 (Yonhap) -- SsangYong Motor Co., a South Korean SUV-focused carmaker, said Tuesday it has recently signed a deal to export 7,000 vehicles to a company in the United Arab Emirates this year. SsangYong Motor signed the export deal with N
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S. Korea, Arab nations to hold new round of FTA talks
SEOUL, Feb. 14 (Yonhap) -- South Korea and a group of Arab countries will hold a new round of negotiations for their free trade deal in Saudi Arabia this week, Seoul's trade ministry said Tuesday.The seventh round of talks for a bilateral free tr
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Big listed firms' 2022 dividends dip nearly 14 pct amid economic slump
SEOUL, Feb. 14 (Yonhap) -- Major listed companies in South Korea cut their dividends by nearly 14 percent in 2022 from a year earlier amid an economic slump, a corporate tracker said Tuesday.Combined dividends paid out by 50 of South Korea's top
Top headlines in major S. Korean newspapers
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SEOUL, Feb. 14 (Yonhap) -- The following are the top in major South Korean newspapers on Feb. 14.Korean-language dailies-- Kim Keon Hee's account used for 1st and 2nd scams (Kyunghyang Shinmun)-- Yoon orders measures to address hardship caused b
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(LEAD) Hyundai's accumulated EV sales in U.S. top 100,000
(ATTN: RECASTS throughout; CHANGES headline, lead)SEOUL, Feb. 13 (Yonhap) -- Hyundai Motor Group's accumulated electric vehicle (EV) sales in the United States exceeded 100,000 units last month, industry sources said Monday.Hyundai Motor Co., its
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Oasis cancels IPO on poor market sentiment
SEOUL, Feb. 13 (Yonhap) -- South Korean online grocer Oasis Corp. cancelled its planned initial public offering (IPO) on Monday amid lackluster investor sentiment. Oasis said it submitted a withdrawal letter after it received a lackluster response fr
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(LEAD) HMM's 2022 net spikes 89 pct on high freight rates
(ATTN: RECASTS headline, lead; ADDS more info in paras 4-7)SEOUL, Feb. 13 (Yonhap) -- HMM Co., South Korea's top container shipper, said Monday its 2022 earnings jumped nearly 89 percent from a year earlier on high shipping rates and lower costs.
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(LEAD) CJ Cheiljedang's Q4 net down 62 pct on increased expenses, grain prices
(ATTN: RECASTS throughout with more details; ADDS photo)SEOUL, Feb. 13 (Yonhap) -- CJ Cheiljedang Corp. said Monday its net profit declined 62 percent in the fourth quarter from a year earlier on increased expenses and worsened profitability of its f
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HMM's 2022 net spikes 89 pct on brisk sales
SEOUL, Feb. 13 (Yonhap) -- HMM Co., South Korea's top container shipper, said Monday its 2022 earnings jumped nearly 89 percent from a year earlier on the back of resilient sales.Consolidated net profit came to 10.07 trillion won (US$7.9 billion)
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DSME wins 314.5 bln-won order for 1 LNG carrier
SEOUL, Feb. 13 (Yonhap) -- South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday it has clinched a 314.5 billion-won (US$246 million) order to build one liquefied natural gas (LNG) carrier for an Oceanian shipper.DSME
CJ Cheiljedang 2022 net profit down 10.1 pct to 802.7 bln won
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SEOUL, Feb. 13 (Yonhap) -- CJ Cheiljedang Corp. on Monday reported its 2022 net income of 802.7 billion won (US$628.4 million), down 10.1 percent from a year earlier.Operating profit for the year was 1.66 trillion won, up 9.2 percent from the previou
CJ Cheiljedang Q4 net profit down 62 pct to 76.3 bln won
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SEOUL, Feb. 13 (Yonhap) -- CJ Cheiljedang Corp. on Monday reported its fourth-quarter net profit of 76.3 billion won (US$59.7 million), down 62 percent from a year earlier.The company said in a regulatory filing that operating profit for the October-
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More S. Korean businesses offer donations, relief items to help quake-hit Turkey, Syria
SEOUL, Feb. 13 (Yonhap) -- Several more South Korean big companies joined the nationwide efforts Monday to help Turkey and Syria recover from the devastating earthquakes. Hanwha Group, an energy-to-defense conglomerate, said it was donating US$700,00
GS Holdings 2022 net income up 53.7 pct to 2.48 tln won
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SEOUL, Feb. 13 (Yonhap) -- GS Holdings on Monday reported its 2022 net profit of 2.48 trillion won (US$1.9 billion), up 53.7 percent from a year earlier.The company said in a regulatory filing that it posted 5 trillion won in operating profit for the
GS Holdings Q4 net income down 21.3 pct to 236.5 bln won
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SEOUL, Feb. 13 (Yonhap) -- GS Holdings on Monday reported its fourth-quarter net income of 236.5 billion won (US$185.2 million), down 21.3 percent from a year earlier.The company said in a regulatory filing that it posted 878.9 billion won in operati
Hyundai Department Store 2022 net profit down 20.1 pct to 186.5 bln won
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SEOUL, Feb. 13 (Yonhap) -- Hyundai Department Store Co. on Monday reported its 2022 net income of 186.5 billion won (US$146 million), down 20.1 percent from a year earlier.The company said in a regulatory filing that operating income for the year ros
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