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S. Korea, U.S. to create Busan-Tacoma green cargo shipping route

SEOUL, Nov. 22 (Yonhap) -- South Korea and the United States have agreed to establish a green cargo shipping route linking South Korea's Busan port with the U.S.' Tacoma port near Seattle in a move to better achieve the maritime carbon neutra
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S. Korea, India discuss supply chain cooperation, investment

SEOUL, Nov. 22 (Yonhap) -- Senior trade officials of South Korea and India discussed ways Tuesday to boost cooperation on ensuring stable supply chains and expanding bilateral trade and investment, Seoul's trade ministry said.South Korea's De
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Jeju Air resumes Incheon-Nagoya route, plans more flights to Japan

SEOUL, Nov. 22 (Yonhap) -- Jeju Air Co., South Korea's biggest budget carrier, said Tuesday it has resumed the Incheon-Nagoya route in two and a half years, as eased virus restrictions have unleashed pent-up travel demand.Jeju Air began to offer
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Samsung Heavy bags 346.6 bln-won order for 2 shuttle tankers

SEOUL, Nov. 22 (Yonhap) -- South Korean shipyard Samsung Heavy Industries Co. said Tuesday it has won a 346.6 billion-won (US$255 million) order to build two shuttle tankers for an Oceanian shipper.Samsung Heavy said in a regulatory filing that it wi
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S. Korea to build polar research base in inland Antarctica by 2030

SEOUL, Nov. 22 (Yonhap) -- South Korea plans to build an Antarctic inland research station by 2030 in a move to better respond to climate change and lead global research into the little-known region, the oceans ministry said Tuesday.Under the compreh
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(2nd LD) LG Chem to build 1st U.S. cathode plant in Tennessee

(ATTN: UPDATES story with more photos, comments in paras 9-10, ADDS share price in last para; RECASTS paras 2-5; RESTRUCTURES)By Kim Seung-yeonSEOUL, Nov. 22 (Yonhap) -- LG Chem Ltd., South Korea's top chemical producer, said Tuesday it will buil
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Regulator to recommend 6 financial firms to reimburse investment in troubled German fund

SEOUL, Nov. 22 (Yonhap) -- South Korea's financial regulator said Tuesday it will recommend six financial firms to rescind sales contracts on a German fund and reimburse customers, as they provided false information and caused them to make a &qu
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(LEAD) LG Chem to build 1st U.S. cathode plant in Tennessee

(ATTN: ADDS more details throughout, more photos)By Kim Seung-yeon SEOUL, Nov. 22 (Yonhap) -- LG Chem Ltd., South Korea's top chemical producer, said Tuesday it will build its first U.S. cathode plant in Tennessee as it accelerates its overseas p
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LG Chem to build 1st U.S. cathode plant in Tennessee

SEOUL, Nov. 22 (Yonhap) -- LG Chem Ltd., South Korea's top chemical producer, said Tuesday it will build its first U.S. cathode plant in Tennessee as it accelerates its overseas push in North America to respond to the growing demand for electric
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Big firms' inventories soar 36 pct this year amid global slump

SEOUL, Nov. 22 (Yonhap) -- Major South Korean companies' inventories spiked nearly 36 percent in the first nine months of this year amid a global economic slump, a corporate tracker said Tuesday.Combined inventories of 195 out of the country'
(EDITORIAL from Korea JoongAng Daily on Nov. 22)

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Communication with reporters must continueIn a stunning decision, President Yoon Suk-yeol suspended his iconic "doorstep interviews" with the press, which started from his inauguration on May 10. The president has had 61 doorstep intervie
(EDITORIAL from Korea Herald on Nov. 22)

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Probe heading for LeeProspects dim for Democratic Party leader after closest confidant detainedJeong Jin-sang, a vice chief of staff to the Democratic Party of Korea chairman Lee Jae-myung who is regarded as one of Lee's alleged two closest confi
(EDITORIAL from Korea Times on Nov. 22)

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Climate crisis fundTime to act to reduce carbon emissions drasticallyOn Sunday, the world agreed to establish a fund to compensate poor and vulnerable countries for the "loss and damage" they have suffered due to climate change. The fund
Top headlines in major S. Korean newspapers

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SEOUL, Nov. 22 (Yonhap) -- The following are the top in major South Korean newspapers on Nov. 22.Korean-language dailies-- Yoon indefinitely suspends routine Q&As with reporters (Kyunghyang Shinmun)-- Opposition leader Lee Jae-myung accused of holdi
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Inflation expectations down in Nov. ahead of BOK's rate decision

SEOUL, Nov. 22 (Yonhap) -- South Korea's inflation expectations edged down on-month in November ahead of the Bank of Korea (BOK)'s widely-anticipated rate increase this week aimed at bringing price growth under control, a central bank survey
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Finance minister renews need to delay new financial tax law

By Kang Yoon-seungSEOUL, Nov. 21 (Yonhap) -- Finance Minister Choo Kyung-ho on Monday reiterated his call to delay the implementation of a new investment tax policy that may hurt the local stock market already hit hard by global economic uncertaintie
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S. Korean economy forecast to grow 1.9 pct in 2023: think tank

SEOUL, Nov. 21 (Yonhap) -- The South Korean economy is expected to expand 1.9 percent on-year in 2023 over aggressive monetary tightening policy by major economies and a global economic slowdown, a local think tank said Monday.The Korea Institute for
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S. Korea signs 1st digital partnership pact with Singapore

SEOUL, Nov. 21 (Yonhap) -- South Korea and Singapore officially signed a bilateral digital partnership pact Monday that aims to boost digital trade and industry cooperation, Seoul's trade ministry said.The signing ceremony for the Digital Partner
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Number of comprehensive real estate taxpayers above 1 mln for 1st time

By Kang Yoon-seungSEOUL, Nov. 21 (Yonhap) -- The number of people subject to the so-called comprehensive real estate tax hovered above 1 million for the first time since the scheme was introduced in 2005 amid soaring overall property prices, data sho
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CJ Logistics inks MOU with shipper SM Line to strengthen North America biz

SEOUL, Nov. 21 (Yonhap) -- CJ Logistics Corp. said Monday it has signed a memorandum of understanding (MOU) with shipper SM Line Corp. to expand their logistics businesses in North America.The two sides will join hands in the shipping and truck deliv