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Fewer young S. Koreans preparing for job exams this year: data

SEOUL, July 18 (Yonhap) -- The number of young South Koreans preparing for exams for public jobs and professional licenses has fallen for the second year in a row, data showed Tuesday.Some 634,000 people out of 4.16 million economically inactive peop
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SK Biopharmaceuticals expects US$1 bln in U.S. sales in 2029

By Kim BoramSEOUL, July 18 (Yonhap) -- SK Biopharmaceuticals Co., a pharmaceutical affiliate of South Korea's SK Group, said Tuesday that its signature anti-epilepsy treatment, Xcopri, could generate US$1 billion in sales in the United States in
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(LEAD) POSCO Holdings Q2 profit narrowly beats forecast

(ATTN: CHANGES headline, lead; UPDATES throughout; ADDS image)SEOUL, July 18 (Yonhap) -- POSCO Holdings Inc. on Tuesday reported that its second-quarter operating profit had narrowly exceeded expectations due to "normalized" sales and hig
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Eastar to resume services on routes to Tokyo, Osaka in September

SEOUL, July 18 (Yonhap) -- Eastar Jet Co., a South Korean low-cost carrier, said Tuesday it will resume services on the routes to Tokyo and Osaka in September after a three-year hiatus due to the COVID-19 pandemic. Eastar Jet will provide one flight
POSCO Holdings Q2 operating profit down 38.1 pct to 1.3 tln won

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SEOUL, July 18 (Yonhap) -- POSCO Holdings Inc. on Tuesday estimated its second-quarter operating earnings at 1.3 trillion won (US$1 billion), down 38.1 percent from a year earlier.Revenue decreased 12.6 percent to 20.1 trillion won. The data for net
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S. Korea's finance chief meets U.S., Chinese counterparts to discuss economic ties

SEOUL, July 18 (Yonhap) -- South Korea's Finance Minster Choo Kyung-ho has met with his U.S. and Chinese counterparts in India and discussed ways to enhance economic cooperation with the respective nation, his office said Tuesday.Finance Minister
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S. Korea to attend RCEP talks in Indonesia this week

SEOUL, July 18 (Yonhap) -- South Korea will take part in a joint committee meeting of a regional mega trade pact to be held in Indonesia this week, the industry ministry said Tuesday.The fourth joint committee meeting of the Regional Comprehensive Ec
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Hyundai unveils all-new Santa Fe SUV ahead of launch in August

SEOUL, July 18 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker by sales, on Tuesday unveiled the design of the all-new Santa Fe SUV ahead of its planned world premiere in August.The fifth-generation Santa Fe is a full-change model f
Xperix to raise 10 bln won via stock sale

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SEOUL, July 17 (Yonhap) -- Xperix Inc.on Monday announced that it will sell stock to raise 10 billion won (US$7.9 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regulatory filing, the
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Samsung wins 3.96 tln-won order for 16 container ships

SEOUL, July 17 (Yonhap) -- South Korean shipbuilder Samsung Heavy Industries Co. said Monday it has bagged a 3.96 trillion-won (US$3.1 billion) order to build 16 container ships for an Asian shipper. The 16,000 twenty-foot equivalent unit (TEU) vesse
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(LEAD) Auto exports hit fresh high in H1 on strong eco-friendly car sales

(ATTN: ADDS more details throughout)SEOUL, July 17 (Yonhap) -- South Korea's car exports soared nearly 50 percent on-year in the first half of the year to reach an all-time high, driven by solid demand for eco-friendly cars, the industry ministry
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Asiana's flight cancellations, delays rise due to pilot protest for higher wages

SEOUL, July 17 (Yonhap) -- Flight cancellations and delays are on the rise on Asiana Airlines Inc.'s domestic and international routes after its pilots began a work-to-rule protest last month for higher wages, the company said Monday.On June 7, t
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Vice minister plays down concerns about Russia ties after Yoon's surprise visit to Ukraine

SEOUL, July 17 (Yonhap) -- South Korea's vice foreign minister on Monday played down concerns that a surprise visit by President Yoon Suk Yeol to Ukraine might worsen relations with Russia, indicating that Seoul's relations with Moscow would
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Auto exports hit fresh high in H1 on strong eco-friendly car sales

SEOUL, July 17 (Yonhap) -- South Korea's car exports soared nearly 50 percent on-year in the first half of the year to reach an all-time high, driven by solid demand for eco-friendly cars, the industry ministry said Monday.The value of outbound s
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S. Korea, Thailand discuss enhanced ties on EVs, advanced industries

SEOUL, July 17 (Yonhap) -- Senior officials of South Korea and Thailand discussed ways Monday to expand bilateral cooperation on electric vehicles and other future industries, Seoul's industry ministry said.The discussion was made during a meetin
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Nearly 50 pct of crewmen in S. Korea are foreigners: data

SEOUL, July 17 (Yonhap) -- Foreign workers accounted for nearly 50 percent of crew members working in South Korea last year, the oceans ministry said Monday.A total of 60,148 crew members were working on local fishing boats as of end-2022, and 28,281
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Container freight rates for major destinations down in June

SEOUL, July 17 (Yonhap) -- Outbound container shipping costs for major destinations, including the United States and the European Union, fell in June from a month earlier, data showed Monday.The average rate for a 40-foot container from South Korea t
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S. Korea's Exim Bank joins hands with Polish development bank

SEOUL, July 16 (Yonhap) -- South Korea's state-run Export-Import Bank of Korea (Exim Bank) said Sunday it has joined hands with Poland's national development bank to enhance business cooperation between the two countries.Exim Bank, the Korea
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Asiana Airlines cancels one int'l flight due to pilot protest

SEOUL, July 16 (Yonhap) -- Asiana Airlines Inc. canceled one international roundtrip flight Sunday, days after its unionized pilots announced plans to launch a strike next week, officials said.South Korea's second-largest air carrier notified pas
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Lotte Energy Materials invests in French startup for EV battery materials

SEOUL, July 16 (Yonhap) -- Lotte Energy Materials Corp. said Sunday it has signed a deal to make a 7.9 billion-won (US$6.2 million) equity investment in a French electric vehicle battery materials startup as part of its plans to enter the next-genera