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Top headlines in major S. Korean newspapers

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SEOUL, Jan. 19 (Yonhap) -- The following are the top in major South Korean newspapers on Jan. 19.Korean-language dailies-- Intelligence agency, tracking spies, raids KCTU (Kyunghyang Shinmun)-- 130,000 young people in Seoul opt for isolation, seclus
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Danish wind turbine producer to invest US$300 mln in S. Korea

By Lee Haye-ahDAVOS, Switzerland, Jan. 18 (Yonhap) -- Danish wind turbine producer Vestas Wind Systems will invest US$300 million in South Korea and move its Asia-Pacific headquarters to the country, the presidential office said Wednesday.The investm
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S. Korea discusses nuclear power cooperation with Poland, Czech Republic

SEOUL, Jan. 19 (Yonhap) -- South Korea's Industry Minister Lee Chang-yang has met with senior officials from Poland and the Czech Republic to discuss ways to enhance cooperation in nuclear power generation and other advanced industry sectors, his
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(LEAD) Yoon pitches himself as S. Korea's 'No. 1 salesman' to global CEOs

(ATTN: UPDATES with Yoon's remarks; CHANGES headline)By Lee Haye-ahDAVOS, Switzerland, Jan. 18 (Yonhap) -- President Yoon Suk Yeol met with a group of CEOs from South Korean conglomerates and other leading multinational companies in Davos on Wedn
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Yoon discusses solutions to global challenges with leading CEOs

By Lee Haye-ahDAVOS, Switzerland, Jan. 18 (Yonhap) -- President Yoon Suk Yeol met with a group of CEOs from South Korean conglomerates and other leading multinational companies in Davos on Wednesday and discussed solutions to global challenges that i
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Hyundai, Kia's sales rise 4.2 pct in Europe last year

SEOUL, Jan. 18 (Yonhap) -- Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their combined sales in Europe rose 4.2 percent in 2022 from a year earlier amid a global chip shortage and the COVID-19 pandemic.Hyundai and Kia sold a c
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(LEAD) BOK to pay 'additional attention' to trade-offs on growth, financial stability in executing monetary policy

(ATTN: ADDS more remarks, info throughout, CHANGES photo)SEOUL, Jan. 18 (Yonhap) -- South Korea's central bank will pay "additional attention" to implications that previous steep rate increases could have on economic growth and financ
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(LEAD) S. Korea to ease set of tax regulations in property market

(ATTN: UPDATES throughout with details)SEOUL, Jan. 18 (Yonhap) -- South Korea's finance ministry said Wednesday it plans to revamp a set of tax regulations on the property market to ease the financial burden of people amid soaring borrowing costs
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BOK to pay 'additional attention' to trade-offs on growth, financial stability in executing monetary policy

SEOUL, Jan. 18 (Yonhap) -- South Korea's central bank will pay "additional attention" to implications that previous steep rate increases could have on economic growth and financial stability in carrying out its monetary policy going f
S. Korea to ease set of tax regulations in property market

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SEOUL, Jan. 18 (Yonhap) -- South Korea's finance ministry said Wednesday it plans to revamp a set of tax regulations on the property market to ease the financial burden of people amid soaring borrowing costs.Under the plan, South Korea will allow
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SsangYong Motor shifts to operating profit in Q4

SEOUL, Jan. 18 (Yonhap) -- SsangYong Motor Co. said Wednesday it shifted to an operating profit in the fourth quarter from a year earlier despite the global chip shortage and the extended COVID-19 pandemic. SsangYong swung to an operating profit of 4
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Banks to keep eased stance in extending loans in Q1 on more lending capacity, competition

SEOUL, Jan. 18 (Yonhap) -- Banks in South Korea are expected to maintain an eased stance in extending loans in the first quarter of the year given their increased lending capacity and intensifying competition, a central bank survey showed Wednesday.
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Number of foreigners filing taxes in S. Korea down for 2021 income amid pandemic

SEOUL, Jan. 18 (Yonhap) -- The number of foreign workers filing taxes in South Korea for 2021 income fell 7.3 percent from a year earlier, data showed Wednesday, amid the restricted travel following the COVID-19 pandemic.A total of 505,000 foreign wo
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Lotte Confectionery to invest 70 bln won in new ice cream factory in India

SEOUL, Jan. 18 (Yonhap) -- Lotte Confectionery Co. said Wednesday it will invest 70 billion won (US$56.6 million) in its ice cream making affiliate in India, Havmor Ice Cream Ltd., over the next five years as the confectionery maker tries to strength
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S. Korea to extend 900 bln won in policy financing for display sector

SEOUL, Jan. 18 (Yonhap) -- South Korea will offer 900 billion won (US$726.86 million) in policy financing to the display industry this year to help fund their investments in advanced technologies and boost exports, the industry ministry said Wednesda
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Corporate watchdog to file complaint against truckers' union for obstructing investigation

By Kang Yoon-seungSEOUL, Jan. 18 (Yonhap) -- South Korea's antitrust regulator said Wednesday it has decided to file a criminal complaint against a truckers' union for obstructing its on-site investigation during its strike last year. The mov
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U.S. clean energy startup tests ammonia-based fuel cell system on semitruck

By Kim Seung-yeon SEOUL, Jan. 18 (Yonhap) -- Amogy Inc., a U.S. clean energy startup backed by South Korea's SK Innovation Co., has successfully carried out a test-drive of a semitruck running on its ammonia-based fuel cell platform, in a scale-u
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Top firms invest big in environment, safety areas in 2022

SEOUL, Jan. 18 (Yonhap) -- Major South Korean companies spent more than 5 trillion won (US$4.04 billion) in 2022 to help cut air pollution and promote workplace safety as part of their so-called environment, social and governance (ESG) management, a
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Hyundai launches all-new Kona subcompact SUV in S. Korea

SEOUL, Jan. 18 (Yonhap) -- Hyundai Motor Co. on Wednesday launched the all-new Kona subcompact SUV in the domestic market, while planning to introduce its electrified version in the second quarter of this year. Hyundai Motor aims to sell 37,000 units
Top headlines in major S. Korean newspapers

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SEOUL, Jan. 18 (Yonhap) -- The following are the top in major South Korean newspapers on Jan. 18.Korean-language dailies-- President Yoon's slip of tongue becomes diplomatic risk (Kyunghyang Shinmun)-- Easing restrictions on green belt only made