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(LEAD) Striking cargo truckers, gov't to sit down for negotiations next week
(ATTN: ADDS minister's remarks in paras 9-11) SEOUL, Nov. 26 (Yonhap) -- Striking cargo truckers and the government will sit down next week to seek a negotiated solution to the nationwide walkout that continued to disrupt supply chains across the
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Striking cargo truckers, gov't to sit down for negotiations next week
SEOUL, Nov. 26 (Yonhap) -- Striking cargo truckers and the government will sit down next week to seek a negotiated solution to the nationwide walkout that continued to disrupt supply chains across the cement and steel industries on its third day Satu
S. Korean firms request EU's proposed raw materials act support free trade rules
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BRUSSELS, Nov. 26 (Yonhap) -- South Korean companies have called for the European Union to ensure its new legislative proposal on critical raw materials supports the principle of free trade and international standards. The Korea Business Association
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(2nd LD) Truckers' strike cripples shipments in cement, steel industries
(ATTN: ADDS details in paras 6, 14-16)SEOUL, Nov. 25 (Yonhap) -- The nationwide strike by truck drivers caused supply disruptions across the cement and steel industries on Friday, with other sectors like auto and petrochemicals feared to bear the bru
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(LEAD) S. Korea, Canada to sign agreement on supply chains of key minerals
(ATTN: ADDS Canadian minister's speech in paras 9-10, photo)SEOUL, Nov. 25 (Yonhap) -- South Korea and Canada agreed Friday to expedite their push for signing a memorandum of understanding (MOU) on key minerals in a move to enhance cooperation on
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(LEAD) Yoon warns of using executive order to force striking truckers to return to work
(ATTN: UPDATES with presidential spokesperson's remarks)SEOUL, Nov. 25 (Yonhap) -- President Yoon Suk-yeol warned the government could use an executive order to force striking truckers to return to work.Yoon issued the warning in a Facebook post
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(LEAD) Truckers' strike cripples shipments in cement, steel industries
(ATTN: RECASTS lead; ADDS more updates throughout)SEOUL, Nov. 25 (Yonhap) -- The nationwide strike by truck drivers caused supply disruptions across the cement and steel industries on Friday, with other sectors like auto and petrochemicals feared to
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S. Korea, Canada to sign agreement on supply chains of key minerals
SEOUL, Nov. 25 (Yonhap) -- South Korea and Canada agreed Friday to expedite their push for signing a memorandum of understanding (MOU) on key minerals in a move to enhance cooperation on supply chains of secondary cells, electric vehicles and broader
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Truckers' strike cripples shipments in cement, steel industries
SEOUL, Nov. 25 (Yonhap) -- The nationwide strike by truck drivers has affected logistics of the cement and steel industries, the industry ministry said Friday, a move that could further disrupt operations of broader industry sectors.On Thursday, truc
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SK On to build nickel production facility in Indonesia with EcoPro, China's GEM
By Kim Seung-yeon SEOUL, Nov. 25 (Yonhap) -- South Korean battery maker SK On Co. said Friday it has signed an initial agreement with two battery component producers to build a facility in Indonesia to produce an intermediate nickel product for elect
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Yoon warns of using executive order to force striking truckers to return to work
SEOUL, Nov. 25 (Yonhap) -- President Yoon Suk-yeol warned the government could use an executive order to force striking truckers to return to work.Yoon issued the warning in a Facebook post late Thursday night after thousands of members of the Cargo
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(Yonhap Interview) K-pop, Korean tech prowess could be useful tools against unprecedented food crisis: WFP official
By Oh Seok-minSEOUL, Nov. 25 (Yonhap) -- South Korea can and should do more to help resolve the unprecedented level of the global food crisis by maximizing its experiences, cultural influence and advanced technology, a senior official of the U.N. foo
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(LEAD) Truckers go on strike for 2nd time this year amid supply disruption woes
(ATTN: ADDS info in paras 4, 12-14)SEOUL, Nov. 24 (Yonhap) -- Unionized truckers in South Korea launched a nationwide strike Thursday, the second of its kind in less than six months, stoking worries over supply disruptions amid post-pandemic recovery
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S. Korea to sell 3.8 tln won worth of gov't bonds in December
SEOUL, Nov. 24 (Yonhap) -- South Korea plans to sell 3.8 trillion won (US$2.86 billion) in government bonds next month, the finance ministry said Thursday.The ministry will issue 600 billion won in Treasurys with a two-year maturity, another 500 bill
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S. Korea, Kenya agree to deeper economic cooperation
SEOUL, Nov. 24 (Yonhap) -- South Korea and Kenya agreed Thursday to push for talks on the establishment of a platform to enhance their investment and trade ties, Seoul's industry ministry said.Trade Minister Ahn Duk-geun and Kenya's trade and
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LG Household & Health Care appoints 1st female CEO
SEOUL, Nov. 24 (Yonhap) -- LG Household & Health Care Ltd., a major South Korean cosmetics and household goods maker, said Thursday it named the first female chief executive in its annual reshuffle.LG Household & Healthcare promoted Lee Jung-ae to be
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S. Korea aims for 5 pct share in global arms market by 2027
SEOUL, Nov. 24 (Yonhap) -- South Korea is seeking to carve out a 5 percent share in the global arms export market by 2027 to become the world's fourth-largest defense exporter, Seoul's defense ministry said Thursday.The goal was outlined as P
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SK, Maeil Dairies join hands with U.S. startup for alternative dairy biz
SEOUL, Nov. 24 (Yonhap) -- SK Inc. said Thursday it has joined hands with a major local dairy producer and a U.S. startup to merchandise alternative dairy products, such as plant-based milk and cheese, in its drive for sustainable food business. The
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(3rd LD) BOK hikes policy rate by quarter point, lowers growth projection for next year
(ATTN: ADDS BOK chief's remarks throughout; CHANGES photos)By Koh Byung-joonSEOUL, Nov. 24 (Yonhap) -- South Korea's central bank raised its policy rate by a quarter percentage point Thursday to tame persistently high inflation but slowed the
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S. Korea adds 628,000 jobs for wage workers in Q2
By Kang Yoon-seung SEJONG, Nov. 24 (Yonhap) -- South Korea added 628,000 jobs for wage workers in the second quarter of 2022 amid the recovery of the services and construction sectors amid eased COVID-19 restrictions, data showed Thursday.The number
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