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S. Korea to invest 1.2 tln won for energy tech development

SEOUL, Jan. 26 (Yonhap) -- South Korea will earmark 1.21 trillion won (US$982.3 million) this year for technology development in nuclear energy, hydrogen and other energy resources, the industry ministry said Thursday.The budget marked a 0.8 percent
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S. Korea's gas, coal imports hit record high in 2022: data

SEOUL, Jan. 26 (Yonhap) -- South Korea's imports of gas and coal hit an all-time high last year on surging global energy prices, data showed Thursday.The value of gas imports came to US$56.7 billion last year, the highest since 1956 when the gove
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S. Korea's childbirths hit record low in Nov.

By Kang Yoon-seungSEJONG, Jan. 26 (Yonhap) -- The number of babies born in South Korea reached yet another record low in November, data showed Thursday, reflecting the country's dire population crisis.A total of 18,982 babies were born in Novembe
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Eco-friendly car registrations exceed 1.5 mln in S. Korea

SEOUL, Jan. 26 (Yonhap) -- South Korea's environment-friendly vehicle registrations exceeded 1.5 million last year on growing awareness of environmental issues and economic efficiency, the transport ministry said Thursday. The number of eco-frien
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S. Korea's seaport cargo down 2.3 pct in 2022 on global economic slowdown

SEOUL, Jan. 26 (Yonhap) -- Cargo processed at South Korean seaports fell 2.3 percent on-year in 2022 over the war between Russia and Ukraine, China's lockdown of major cities over the COVID-19 pandemic and a global economic downturn, the oceans m
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(2nd LD) S. Korea's economic growth slows to 2.6 pct in 2022 on weak exports, investment

(ATTN: ADDS more info in last 4 paras, photo)SEOUL, Jan. 26 (Yonhap) -- South Korea's economy grew at a slower pace in 2022 on weak exports and corporate investment amid mounting economic recession woes, central bank data showed Thursday.South Ko
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Hanwha Solutions signs partnership with Microsoft for solar panel services

By Kim Seung-yeon SEOUL, Jan. 26 (Yonhap) -- Hanwha Solutions Corp. said Thursday its U.S.-based solar panel unit signed a partnership with Microsoft Corp. to supply solar panels and related services to projects under way by the American tech company
Samsung SDS 2022 net income up 78.4 pct to 1.13 tln won

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SEOUL, Jan. 26 (Yonhap) -- Samsung SDS Co. on Thursday reported its 2022 net profit of 1.13 trillion won (US$917.4 million), up 78.4 percent from a year earlier.The company said in a regulatory filing that it posted 916.1 billion won in operating pro
Samsung SDS Q4 net income up 127.8 pct to 252.3 bln won

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SEOUL, Jan. 26 (Yonhap) -- Samsung SDS Co. on Thursday reported its fourth-quarter net income of 252.3 billion won (US$204.9 million), up 127.8 percent from a year earlier.Operating profit for the October-December period was 187.5 billion won, up 30
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POSCO Chemical gets gov't approval for export of cathode technologies

By Kim Seung-yeon SEOUL, Jan. 26 (Yonhap) -- POSCO Chemical Co., a major South Korean producer of secondary battery materials, said Thursday it has obtained government approval for the export of its technologies related to producing cathodes, a key c
S. Korea to earmark 11.7 tln won in EDCF loans by 2025

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By Kang Yoon-seungSEJONG, Jan. 26 (Yonhap) -- South Korea plans to set aside 11.7 trillion won (US$9.48 billion) in low-interest rate loans for developing countries by 2025 and seek a new partnership in war-torn Ukraine as well, the finance ministry
(LEAD) S. Korea's economic growth slows to 2.6 pct in 2022 on weak exports, investment

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(ATTN: ADDS more info from 4th para)SEOUL, Jan. 26 (Yonhap) -- South Korea's economy grew at a slower pace in 2022 on weak exports and corporate investment amid economic recession woes, central bank data showed Thursday.South Korea's gross do
Korean economy likely to rebound in Q1: finance minister

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By Kang Yoon-seungSEJONG, Jan. 26 (Yonhap) -- The South Korean economy is expected to rebound in the first quarter of the year on the back of China's reopening, the country's finance minister said Thursday.Asia's No. 4 economy shrank 0.4
S. Korea's economic growth slows to 2.6 pct in 2022 on weak exports

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SEOUL, Jan. 26 (Yonhap) -- South Korea's economy grew at a slower pace in 2022 as export growth slumped amid economic recession woes, central bank data showed Thursday. South Korea's gross domestic product is estimated to have grown 2.6 perce
(URGENT) South Korea's economy grows 2.6 pct in 2022

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Top headlines in major S. Korean newspapers

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SEOUL, Jan. 26 (Yonhap) -- The following are the top in major South Korean newspapers on Jan. 26.Korean-language dailies-- Na Kyung-won hoists white flag; ruling party leadership race to be affected by Yoon's preference (Kyunghyang Shinmun)-- Un
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Inflation expectations inch up in January amid continued monetary tightening

SEOUL, Jan. 26 (Yonhap) -- South Korea's inflation expectations inched up in January from a month earlier amid the Bank of Korea (BOK)'s continued monetary tightening to bring price growth under control, a central bank survey showed Thursday.
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Exports to remain in doldrums amid weak tech demand: think tanks

SEOUL, Jan. 26 (Yonhap) -- South Korea's exports could remain in the doldrums for the time being amid the slowing demand for tech products coupled with the delayed recovery of the global economy, local think tanks said Thursday."South Korea
(LEAD) Samsung Electro-Mechanics Q4 operating income sinks 68 pct on weak IT product demand

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(ATTN: CHANGES headline, lead; UPDATES throughout) SEOUL, Jan. 25 (Yonhap) -- Samsung Electro-Mechanics Co., a major electronic components maker under South Korea's Samsung, said Wednesday its fourth-quarter operating income tumbled 68 percent fr
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(LEAD) LG Innotek 2022 net up 10.3 pct on demand for auto components

(ATTN: COMBINES slugs; CHANGES headline; REWRITES throughout)SEOUL, Jan. 25 (Yonhap) -- LG Innotek Co., an IT parts manufacturer, on Wednesday said its net profit for 2022 rose more than 10 percent, helped by robust sales of high-value products and g