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(2nd LD) Striking cement truckers to face penalties next week
(ATTN: CHANGES headline; ADDS gov't plan to impose penalties on non-complying truckers; UPDATES with antitrust regulator's probe attempt in last 5 paras; RESTRUCTURES; TRIMS)SEOUL, Dec. 2 (Yonhap) -- The transportation ministry said Friday it
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S. Korea sends 2nd official feedback to U.S. on Inflation Reduction Act
SEOUL, Dec. 2 (Yonhap) -- South Korea sent another official written opinion to the United States on Friday regarding the Inflation Reduction Act (IRA) that stipulates tax incentives for clean energy sectors, the industry ministry said.The U.S. Treasu
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(LEAD) Trade body mulls filing compensation suit against striking truckers
(ATTN: ADDS more info on damage in paras 6-9)SEOUL, Dec. 2 (Yonhap) -- A major South Korean trade association said Friday it is considering filing a compensation suit against striking truckers over the mounting losses and damage the walkout has cause
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S. Korea, EU vow joint responses to U.S. Inflation Reduction Act
SEOUL, Dec. 2 (Yonhap) -- South Korea and the European Union have agreed to work more closely for joint responses to a new U.S. act that excludes electric vehicles assembled outside of North America from tax incentives, the two sides have said.The co
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Hyundai, Kia's EV sales in U.S. sink in Nov. as IRA takes effect
SEOUL, Dec. 2 (Yonhap) -- Sales of electric vehicles (EVs) by Hyundai Motor Co. and its smaller affiliate Kia Corp. sank in the U.S. market last month from a month earlier, company data showed Friday, suggesting the new U.S. law on EV tax credits is
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Trade body mulls filing compensation suit against striking truckers
SEOUL, Dec. 2 (Yonhap) -- A major South Korean trade association said Friday it is considering filing a compensation suit against striking truckers over the mounting losses and damage the walkout has caused in the cement and steel industries. The Kor
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Local listed firms obligated to issue English regulatory filings 'in stages' from 2024
SEOUL, Dec. 2 (Yonhap) -- South Korea's financial regulator said Friday that it will obligate listed firms to provide corporate filings in English "in stages" from 2024 as it seeks to expand foreigners' access to business informat
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(3rd LD) S. Korea's consumer prices up 5 pct on-year in Nov., lowest in 7 months
(ATTN: ADDS BOK's views in paras 15-16)By Kang Yoon-seungSEOUL, Dec. 2 (Yonhap) -- South Korea's on-year growth in consumer prices sharply slowed in November from a month earlier at the lowest level in seven months, data showed Friday, hintin
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(2nd LD) S. Korea's consumer prices up 5 pct on-year in Nov., lowest in 7 months
(ATTN: ADDS more details in last 4 paras)By Kang Yoon-seungSEOUL, Dec. 2 (Yonhap) -- South Korea's on-year growth in consumer prices sharply slowed in November from a month earlier at the lowest level in seven months, data showed Friday, hinting
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(LEAD) S. Korea's consumer prices up 5 pct on-year in Nov., lowest in 7 months
(ATTN: RECASTS headline, lead; UPDATES with details throughout)By Kang Yoon-seungSEOUL, Dec. 2 (Yonhap) -- South Korea's on-year growth in consumer prices sharply slowed in November from a month earlier at the lowest level in seven months, data s
S. Korea's consumer prices up 5 pct on-year in Nov.
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By Kang Yoon-seungSEOUL, Dec. 2 (Yonhap) -- South Korea's on-year growth in consumer prices sharply slowed in November from a month earlier, data showed Friday, in a signal that the country's inflation has passed the peak.Consumer prices, a k
(URGENT) S. Korea's consumer prices up 5 pct on-year in Nov.
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(END)
Top headlines in major S. Korean newspapers
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SEOUL, Dec. 2 (Yonhap) -- The following are the top in major South Korean newspapers on Dec. 2.Korean-language dailies-- S. Korea's exports decline again; trade deficit extended for 8th month (Kyunghyang Shinmun)-- Shock of truckers' strike;
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(2nd LD) Gov't considering issuing return-to-work order to striking fuel tanker drivers
(ATTN: ADDS presidential office's briefing in paras 9-12)SEOUL, Dec. 1 (Yonhap) -- The government is considering issuing an additional return-to-work order to striking truckers, this time on fuel tanker drivers, officials said Thursday, as their
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Kia's Nov. sales rise 15 pct despite chip shortage
SEOUL, Dec. 1 (Yonhap) -- Kia Corp., South Korea's second-largest automaker, said Thursday its sales rose 15 percent last month from a year earlier despite an extended chip shortage. Kia sold a total of 252,825 vehicles in November, up from 219,8
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GM Korea's Nov. sales jump 86 pct on strong exports
SEOUL, Dec. 1 (Yonhap) -- GM Korea Co., the South Korean unit of General Motors Co., said Thursday its sales jumped 86 percent last month from a year earlier on strong exports.GM Korea sold 22,860 vehicles in November, up from 12,274 units a year ago
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Hyundai's Nov. sales rise 11 pct despite chip shortage
SEOUL, Dec. 1 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker, said Thursday its sales rose 11 percent last month from a year earlier despite an extended chip shortage.Hyundai sold a total of 351,179 vehicles in November, up from 31
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Renault Korea's Nov. sales fall 3 pct on weak demand
SEOUL, Dec. 1 (Yonhap) -- Renault Korea Motors, the South Korean unit of Renault S.A., said Thursday its sales fell 3 percent last month from a year earlier on weak domestic demand.Renault Korea sold a total of 17,333 vehicles in November, down from
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SsangYong's Nov. sales jump 28 pct on strong exports
SEOUL, Dec. 1 (Yonhap) -- SsangYong Motor Co. said Thursday its sales jumped 28 percent last month from a year earlier, helped by robust overseas demand for its SUV models. SsangYong Motor sold 11,222 vehicles in November, up from 8,748 units a year
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S. Korea, U.S. discuss enhanced cooperation in chips sector
SEOUL, Dec. 1 (Yonhap) -- South Korea and the United States discussed ways Thursday to boost cooperation in the semiconductor industry and to ensure stable supply chains for chips, Seoul's industry ministry said.The discussions were made during t
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