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(EDITORIAL from Korea Herald on Jan. 5)

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Raise nuclear deterrenceAbout time S. Korea, US took joint response to NK nukes to higher levelUS President Joe Biden said "no" when asked by a reporter at the White House on Tuesday if he was currently discussing joint nuclear exercises
Top headlines in major S. Korean newspapers

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SEOUL, Jan. 5 (Yonhap) -- The following are the top in major South Korean newspapers on Jan. 5.Korean-language dailies-- S. Korea may consider suspending 2018 tension reduction deal if N. Korea violates South's territory again: Yoon (Kyunghyang
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Yoon calls for raising agricultural productivity with help of technology

By Lee Haye-ahSEOUL, Jan. 4 (Yonhap) -- President Yoon Suk Yeol instructed the government Wednesday to raise the productivity of the agriculture and fisheries industries with the help of digital and state-of-the-art technologies.Yoon made the remark
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S. Korea seeks to hike food self-sufficiency rate to 55 pct in 5 years

SEOUL, Jan. 4 (Yonhap) -- South Korea will push to significantly raise its self-sufficiency rate of grain, rice and other food items to counter the impacts of rising food import prices and to better ensure food security, the agriculture ministry said
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E-grocery giant Kurly scraps IPO plan amid harsh market conditions

SEOUL, Jan. 4 (Yonhap) -- Kurly Corp. the operator of South Korean e-grocery platform Market Kurly, said Wednesday it will postpone the initial public offering (IPO) originally planned for early this year, due to harsh market conditions. "We de
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(CES) SK to showcase future net-zero technologies at largest-ever CES pavilion

By Kim Seung-yeon LAS VEGAS, Jan. 3 (Yonhap) -- South Korea's SK group said Tuesday it is sharing a glimpse into the present and future of low carbon emission technologies in what will be its largest-ever exhibition at the upcoming CES 2023 this
HLB Therapeutics to raise 13 bln won via stock sale

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SEOUL, Jan. 4 (Yonhap) -- HLB Therapeutics Co. on Wednesday announced that it will sell stock to raise 13 billion won(US$10.2 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regulatory
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(News Focus) Home market rout in S. Korea deepens amid higher rates, economic slowdown

By Park Sang-sooSEOUL, Jan. 4 (Yonhap) -- Home prices in South Korea are cooling at a jaw-dropping clip amid soaring borrowing costs and an economic slowdown, portending that indebted home owners may face the toughest-ever challenge this year and Asi
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S. Korean EV battery makers' market share dips in 2022

SEOUL, Jan. 4 (Yonhap) -- Three South Korean electric vehicle (EV) battery makers saw their global market share sink in the first 11 months of 2022 from a year earlier amid robust growth of Chinese rivals, industry data showed Wednesday. The trio --
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Imported car sales rise 24 pct in Dec. despite chip shortage

SEOUL, Jan. 4 (Yonhap) -- Sales of imported vehicles in South Korea rose 24 percent last month from a year earlier despite the extended chip shortage, an industry association said Wednesday.The number of newly registered foreign vehicles stood at 29,
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Hyundai's U.S. unit, Microsoft to develop air mobility solutions

SEOUL, Jan. 4 (Yonhap) -- Hyundai Motor Group said Wednesday its wholly owned U.S. unit Supernal will collaborate with Microsoft Corp. to develop advanced air mobility (AAM) solutions. Supernal will utilize Microsoft's cloud computing platform to
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(LEAD) S. Korea to spend at least 60 pct of budget in H1 amid economic fears

(ATTN: ADDS more info in last 3 paras; CHANGES photo)By Kang Yoon-seungSEOUL, Jan. 4 (Yonhap) -- South Korea's finance ministry said Wednesday it aims to spend at least 60 percent of the annual budget in the first half of 2023 amid the slowdown i
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S. Korea to spend at least 60 pct of budget in H1 amid economic fears

By Kang Yoon-seungSEOUL, Jan. 4 (Yonhap) -- South Korea's finance ministry said Wednesday it aims to spend at least 60 percent of the annual budget in the first half of 2023 amid the slowdown in exports and employment."Of the expenditure pl
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S. Korea to expand food supply, offer discounts ahead of holiday

By Kang Yoon-seungSEOUL, Jan. 4 (Yonhap) -- South Korea's finance ministry said Wednesday it plans to use around 30 billion won (US$23.5 million) to offer discounts on major food products in line with efforts to stabilize their prices ahead of th
Top headlines in major S. Korean newspapers

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SEOUL, Jan. 4 (Yonhap) -- The following are the top in major South Korean newspapers on Jan. 4.Korean-language dailies-- Gov't throws 'deregulation bomb' in housing market (Kyunghyang Shinmun)-- Gov't to ease regulations in housing m
G Enone Energy to raise 5 bln won via stock offering

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SEOUL, Jan. 3 (Yonhap) -- G Enone Energy Co.on Tuesday announced that it will sell stock to raise 5 billion won (US$3.9 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the com
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(LEAD) Hyundai Motor to accelerate EV push for growth

(ATTN: ADDS group's 2023 sales target in last 2 paras; CHANGES photo)SEOUL, Jan. 3 (Yonhap) -- South Korea's Hyundai Motor Group said Tuesday it will accelerate a wider transition to electric vehicles (EV) this year as it aims to morph into a
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(LEAD) Kia's Dec. sales rise 14 pct despite chip shortage

(ATTN: ADDS 2023 sales target in last para) SEOUL, Jan. 3 (Yonhap) -- Kia Corp., South Korea's second-largest automaker, said Tuesday its sales rose 14 percent last month from a year earlier despite an extended chip shortage. Kia sold a total of
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S. Korea to ease property regulations amid falling home prices

SEOUL, Jan. 3 (Yonhap) -- South Korea will lift property-related regulations in most of Seoul and metropolitan areas as the country's housing market is at the risk of a deep freeze due to strict regulations and higher lending rates, the land mini
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KSOE decides not to seek affiliate IPO

SEOUL, Jan. 3 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Tuesday that it has decided not to push for an initial public offering of Hyundai Samho Heavy Industries Co., one of its three affiliates.Under the decision, KSOE wil