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(LEAD) Gov't considering issuing return-to-work order to striking fuel tanker drivers
(ATTN: ADDS fuel shortage situation, gov't response in paras 4, 6)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,
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S. Korea submits bid for Czech nuke plant project
SEOUL, Dec. 1 (Yonhap) -- South Korea's nuclear power plant operator said Thursday it has made an initial bid for the Czech Republic's Dukovany nuclear power plant project.Korea Hydro & Nuclear Power Co. (KHNP) said it is expected to vie with
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KSOE wins 399.9 bln-won order for 2 ethane carriers
SEOUL, Dec. 1 (Yonhap) -- South Korea's top shipbuilder Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has clinched a 399.9 billion-won (US$308 million) order to build two very large ethane carriers (VLECs) for an Asian shi
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(2nd LD) S. Korea's exports log steeper fall in Nov. on weak chip demand
(ATTN: RECASTS throughout with weak chip demand, trade deficit figures in paras 8, 19; CHANGES headline)By Oh Seok-minSEOUL, Dec. 1 (Yonhap) -- South Korea's exports fell for the second consecutive month in November and the decline accelerated fr
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Online shopping up 8.2 pct in Oct.
SEOUL, Dec. 1 (Yonhap) -- Online shopping in South Korea advanced 8.2 percent on-year in October as demand for travel and transportation services increased on eased COVID-19 restrictions, data showed Thursday.The value of online shopping transactions
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Income gap widens in 2021 amid COVID-19 pandemic
By Kang Yoon-seungSEOUL, Dec. 1 (Yonhap) -- The income gap between the haves and have-nots in South Korea widened in 2021 amid the prolonged COVID-19 pandemic, data showed Thursday.The distribution ratio for disposable income, a key barometer of inco
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Foreign ownership of S. Korean land rises 1.2 pct in H1
SEOUL, Dec. 1 (Yonhap) -- Foreign ownership of South Korean land rose 1.2 percent in the first half of 2022 from the end of 2021, the land ministry said Thursday.Foreigners owned 260.75 square kilometers -- slightly more than four times the size of M
S. Korea's trade deficit to narrow to US$13.8 bln in 2023: trade association
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SEOUL, Dec. 1 (Yonhap) -- South Korea is forecast to run a trade deficit for the second consecutive year in 2023, weighed by the slowing economy, falling oil prices and other external factors, a trade body said Thursday. The country's trade defic
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(LEAD) S. Korea's exports log steeper on-year fall in November
(ATTN: RECASTS headline, lead to highlight steeper fall; ADDS more details, comments throughout)By Oh Seok-minSEOUL, Dec. 1 (Yonhap) -- South Korea's exports fell for the second consecutive month on-year in November and the decline accelerated fr
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(LEAD) S. Korea's economy grows 0.3 pct in Q3, unchanged from earlier estimate: BOK data
(ATTN: ADDS details in paras 5, 8-9, photo)SEOUL, Dec. 1 (Yonhap) -- South Korea's economy grew 0.3 percent in the third quarter of this year despite rising interest rates and weak exports, unchanged from an earlier estimate, central bank data sh
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Finance minister renews call for truckers to return to work
By Kang Yoon-seungSEOUL, Dec. 1 (Yonhap) -- Finance Minister Choo Kyung-ho on Thursday reiterated his call for local truckers to return to work, stressing that their strike is causing severe damage to the country's economy, already hurt by uncert
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S. Korea's exports down 14 pct in Nov.; trade deficit extended for 8th month
SEOUL, Dec. 1 (Yonhap) -- South Korea's exports logged an on-year decline for the second consecutive month in November amid a global economic slowdown and logistics disruptions over a truckers' strike, the trade ministry said Thursday.The cou
(URGENT) S. Korea's exports down 14 pct in Nov.; trade deficit extended for 8th month
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S. Korea's economy grows 0.3 pct in Q3, unchanged from earlier estimate: BOK data
SEOUL, Dec. 1 (Yonhap) -- South Korea's economy grew 0.3 percent in the third quarter of this year despite rising interest rates and weak exports, unchanged from an earlier estimate, central bank data showed Thursday. The country's real gross
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S. Korea's whisky imports soar 62 pct this year
SEOUL, Dec. 1 (Yonhap) -- South Korea's whisky imports spiked nearly 62 percent in the first 10 months of the year as more people drank at home amid the coronavirus pandemic, data showed Thursday.The value of imported whisky stood at US$218 milli
(URGENT) S. Korea's economy grows 0.3 pct in Q3, unchanged from earlier estimate: BOK
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Top headlines in major S. Korean newspapers
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SEOUL, Dec. 1 (Yonhap) -- The following are the top in major South Korean newspapers on Dec. 1.Korean-language dailies-- Ssangyong unionists win compensation suit as top court overturns ruling (Kyunghyang Shinmun)-- Friction over truckers' strik
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(LEAD) Talks between gov't, striking truckers fall through
(ATTN: ADDS land minister's comments in last 5 paras, second photo)SEOUL, Nov. 30 (Yonhap) -- Negotiations between the government and striking truckers fell through on Wednesday, in the second unsuccessful attempt to reach a compromise over the p
SK On to raise up to 1.3 tln won from local private equity funds
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SEOUL, Nov. 30 (Yonhap) -- SK On Co., the battery-making unit under South Korea's SK Group, will raise up to 1.3 trillion won (US$985 million) from six local private equity funds, its parent firm said Wednesday, a move that will help the company
Biden visits SK Siltron's plant in Michigan
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WASHINGTON/SEOUL, Nov. 30 (Yonhap) -- U.S. President Joe Biden toured a plant of SK Siltron CSS, a local subsidiary of South Korea's SK Group, in Michigan on Tuesday.Biden gave a speech at the semiconductor chip production line in Bay City, in wh
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