BRAND

• 

  BRAND

  Shin Hanul 1 nuclear reactor to begin full operation this week

  SEOUL, Dec. 6 (Yonhap) -- The Shin Hanul 1 nuclear reactor in southern South Korea will go into full operation this week some 12 years after its construction began, a move expected to help the country better manage electricity demand, the state-run n
• SL Vionics to raise 2 bln won via stock offering

  BRAND

  SEOUL, Dec. 6 (Yonhap) -- SL Vionics Co.on Tuesday announced that it will sell stock to raise 2 billion won (US$1.5 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the company
• 

  BRAND

  Yuhan intends to seek FDA approval for its lung cancer treatment as 1st-line therapy

  SEOUL, Dec. 6 (Yonhap) -- Yuhan Corp., a South Korean pharmaceutical firm, on Tuesday expressed its intention to push for approval from the U.S. Food and Drug Administration (FDA) for its lung cancer treatment, Leclaza, as first-line therapy next yea
• 

  BRAND

  Samsung leader Lee visits Barakah nuclear power plant in UAE

  SEOUL, Dec. 6 (Yonhap) -- Samsung Electronics Executive Chairman Lee Jae-yong visited the Barakah nuclear power plant in United Arab Emirates (UAE), the company said Tuesday, to check on the construction progress and support Korean workers on a long-
• 

  BRAND

  S. Korean shipyards rank 2nd in new global orders in Nov.

  SEOUL, Dec. 6 (Yonhap) -- South Korean shipbuilders fell far behind their Chinese rivals in terms of new global orders in November to rank second in the world, industry data showed Tuesday.Local shipbuilders won a combined 1.08 million compensated gr
• 

  BRAND

  (Yonhap Interview) Volkswagen Group on recovery path in S. Korea after 'dieselgate'

  By Choi Kyong-aeSEOUL, Dec. 6 (Yonhap) -- Volkswagen Group Korea (VWGK) is firmly on the recovery path as it has focused on reviving sales and regaining consumer confidence, which was hurt by the company's diesel emissions scandal in 2015, the gr
• 

  BRAND

  Truckers' strike disrupts supply of goods worth 3.5 tln won: gov't

  SEOUL, Dec. 6 (Yonhap) -- The nationwide strike by truckers has caused supply disruptions of goods worth an estimated 3.5 trillion won (US$2.69 billion) in five key sectors, the industry ministry said Tuesday.The estimate came as the truckers' st
• 

  BRAND

  SsangYong Motor to suspend production due to chip shortage

  SEOUL, Nov. 6 (Yonhap) -- SsangYong Motor Co., a South Korean SUV-focused carmaker, said Tuesday it will suspend production at its domestic plant for several days this month due mainly to a chip shortage. SsangYong Motor will suspend its sole car-man
• 

  BRAND

  Life expectancy of S. Koreans rises to 83.6 years in 2021

  By Kang Yoon-seungSEOUL, Dec. 6 (Yonhap) -- The life expectancy of South Korean babies born last year reached 83.6 years, data showed Tuesday, hovering above the average of major advanced countries.The average life expectancy at birth in 2021 marked
• S. Korean banks' capital adequacy ratio down in Q3 on increased assets

  BRAND

  SEOUL, Dec. 6 (Yonhap) -- South Korean banks saw their capital adequacy ratio down in the third quarter due to increased corporate loans and the strong dollar that raised the value of their overseas assets, data showed Tuesday. The average capital ad
• 

  BRAND

  (2nd LD) Vietnamese leader says his country, S. Korea share ample biz potential, opportunities

  (ATTN: RECASTS throughout with Vietnamese president's remarks; ADDS more photos and bylines) By Kim Seung-yeon and Kang Yoon-seung SEOUL, Dec. 6 (Yonhap) -- South Korea and Vietnam share ample business potential and opportunities for future growt
• (LEAD) Biz leaders of S. Korea, Vietnam discuss cooperation in green energy transition

  BRAND

  (ATTN: ADDS finance minister's remark in last 5 paras, photo) SEOUL, Dec. 6 (Yonhap) -- Business leaders of South Korea and Vietnam on Tuesday discussed efforts to deepen bilateral economic cooperation in new areas such as a transition to green e
• 

  BRAND

  Samsung Heavy sells 1 drillship for 299.1 bln-won

  SEOUL, Dec. 6 (Yonhap) -- South Korean shipyard Samsung Heavy Industries Co. said Tuesday it has sold one drillship to Italian multinational oilfield services firm Saipem for 299.1 billion won (US$230 million).The sale came after Samsung Heavy signed
• 

  BRAND

  CJ Cheiljedang partners with startup Emmyon to develop health supplements that prevent muscle loss

  SEOUL, Dec. 6 (Yonhap) -- South Korean food giant CJ Cheiljedang Corp. said Tuesday it has joined hands with a U.S. startup to develop ingredients used to make health supplements that prevent skeletal muscle loss. CJ Cheiljedang inked a license agree
• Biz leaders of S. Korea, Vietnam discuss cooperation in green energy transition

  BRAND

  SEOUL, Dec. 6 (Yonhap) -- Business leaders of South Korea and Vietnam on Tuesday discussed efforts to deepen bilateral economic cooperation in new areas such as a transition to green energy, in a step toward carbon neutrality and sustainable growth.
• 

  BRAND

  SK On-Ford venture breaks ground on EV battery plant in Kentucky

  SEOUL, Dec. 6 (Yonhap) -- South Korean battery maker SK On Co. said Tuesday its joint venture with Ford Motor Co. has broken ground on an electric vehicle battery plant in the U.S. state of Kentucky. The project is part of the US$11.4 billion investm
• 

  BRAND

  (LEAD) S. Korea, Vietnam sign MOUs on supply chains of key minerals, electric power

  (ATTN: ADDS separate agreement on financial ties in last 4 paras)SEOUL, Dec. 5 (Yonhap) -- South Korea and Vietnam agreed Monday to enhance cooperation on supply chains of key minerals and renewable energy, Seoul's industry ministry said.Industry
• 

  BRAND

  S. Korea, Vietnam sign MOUs on supply chains of key minerals, electric power

  SEOUL, Dec. 5 (Yonhap) -- South Korea and Vietnam agreed Monday to enhance cooperation on supply chains of key minerals and renewable energy, Seoul's industry ministry said.Industry Minister Lee Chang-yang and his Vietnamese counterpart, Nguyen H
• 

  BRAND

  (LEAD) S. Korea to report best ever exports performance this year: trade ministry

  (ATTN: ADDS Yoon's comments in 9th para)SEOUL, Dec. 5 (Yonhap) -- South Korea is expected to log a record annual value of exports this year to become the world's sixth-largest exporter despite a global economic slowdown, the trade ministry sa
• 

  BRAND

  Regulator makes another attempt to investigate striking truckers

  SEOUL, Dec. 5 (Yonhap) -- South Korea's antitrust regulator said Monday it has made another unsuccessful attempt to investigate the union of striking truckers as the members continued to block the on-site probe.Earlier in the day, officials of th