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(EDITORIAL from Korea Herald on July 10)
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Show proof: Democratic party alleges expressway rerouted to benefit first lady; minister cancels project The Minister of Land, Infrastructure and Transport Won Hee-ryong said Thursday that he would cancel a project to construct an expressway linking
Top headlines in major S. Korean newspapers
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SEOUL, July 10 (Yonhap) -- The following are the top in major South Korean newspapers on July 10.Korean-language dailies-- DP rejected after asking IAEA to consider alternatives to Japan's Fukushima water discharge plan (Kyunghyang Shinmun)-- S.
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POSCO builds secondary battery recycling plant in S. Korea
SEOUL, July 9 (Yonhap) -- POSCO Holdings Inc., South Korea's leading steelmaker, said Sunday it has built a secondary battery recycling plant in the southwestern city of Suncheon as part of its push to expand its battery materials business. The p
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S. Korean economy appears to be on upswing as manufacturing rebounds: KDI
By Kang Yoon-seungSEOUL, July 9 (Yonhap) -- The South Korean economy appears to have passed its nadir recently on the back of the recovery in the manufacturing sector, a state-run think tank said Sunday.The assessment came after Asia's fourth-lar
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Regulator OKs Qoo10's purchase of 2 S. Korean online shopping platforms
By Kang Yoon-seungSEOUL, July 9 (Yonhap) -- South Korea's antitrust regulator said Sunday it has approved Singapore-based Qoo10 Pte. Ltd.'s purchase of two online shopping platforms, as the move is not likely to disrupt competition in the mar
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Hyundai Motor Group chief visits Intel's Ireland campus
SEOUL, July 9 (Yonhap) -- Hyundai Motor Group Executive Chair Euisun Chung has visited Intel's industrial campus in Ireland as part of efforts to diversify the company's automotive semiconductor supply, the company said Sunday. Chung looked a
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SKC takes over semiconductor test equipment maker in push for chip components
SEOUL, July 7 (Yonhap) -- SKC Co., a chemical company under South Korea's SK Group, said Friday it acquired a local semiconductor test equipment maker for 522.5 billion won (US$399 million) as it accelerates its push for a pivot to the manufactur
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S. Korea-U.S. alliance made 'miracle' of Korea possible: U.S. general
By Kim Seung-yeonSEOUL, July 7 (Yonhap) -- The security alliance between South Korea and the United States built upon the sacrifices of fallen soldiers from the 1950-53 Korean War and the unwavering international commitment to peace is what helped cr
Isc to raise 200 bln won via stock offering
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SEOUL, July 7 (Yonhap) -- Isc Co. on Friday announced that it will sell stock to raise 200 billion won(US$153.3 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the company wil
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S. Korea's industry chief, U.S.' TerraPower CEO discuss small nuclear reactors
SEOUL, July 7 (Yonhap) -- South Korea's industry chief met with the head of U.S. nuclear energy company TerraPower on Friday and discussed ways of cooperation on the development of advanced small modular reactors (SMRs), the industry ministry sai
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(3rd LD) Samsung Electronics Q2 profit down nearly 96 pct on-year to hit 14-year low
(ATTN: ADDS Samsung's closing share price at bottom)SEOUL, July 7 (Yonhap) -- Samsung Electronics Co. on Friday said its second-quarter operating profit likely plunged about 96 percent from a year earlier, as a chip oversupply and slow demand per
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(3rd LD) LG Electronics Q2 profit up on high-end appliances, EV business
(ATTN: ADDS LG's closing share price at bottom)SEOUL, July 7 (Yonhap) -- LG Electronics Inc. said Friday its operating profit for the April-June period likely rose nearly 13 percent from a year earlier on strong performance of premium consumer pr
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(LEAD) LG Energy Solution profit more than triples in Q2
(ATTN: ADDS more details throughout) By Kim Seung-yeon SEOUL, July 7 (Yonhap) -- LG Energy Solution Ltd. (LGES) said Friday its second-quarter operating profit is expected to have more than tripled from a year earlier on the back of strong demand for
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S. Korea, UAE to expedite investment projects in energy, advanced industries
SEOUL, July 7 (Yonhap) -- South Korea and the United Arab Emirates (UAE) vowed Friday to make joint efforts to push for their agreed-upon joint projects and investment plans in energy, the arms industry and the overall economic and trade fields witho
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S. Korea to seek more foreign workers amid population crisis
By Kang Yoon-seungSEOUL, July 7 (Yonhap) -- South Korea will explore ways to accept more foreign workers to address its low birth rates and workforce shortages, the finance ministry said Friday."We need to work together to reach a social consen
LG Energy Solution Q2 operating earnings up 212.7 pct to 611.6 bln won
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SEOUL, July 7 (Yonhap) -- LG Energy Solution Ltd. on Friday estimated its second-quarter operating earnings at 611.6 billion won (US$468.7 million), up 212.7 percent from a year earlier.Sales increased 73 percent to 8.77 trillion won. The data for ne
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(2nd LD) LG Electronics Q2 profit up on high-end appliances, EV business
(ATTN: ADDS more info in paras 3, 8-10; RESTRUCTURES)SEOUL, July 7 (Yonhap) -- LG Electronics Inc. said Friday its operating profit for the April-June period likely rose nearly 13 percent from a year earlier on strong performance of premium consumer
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(LEAD) LG Electronics Q2 profit up on high-end appliances, EV business
(ATTN: RECASTS throughout with details; CHANGES headline; ADDS photo)SEOUL, July 7 (Yonhap) -- LG Electronics Inc. said Friday its operating profit for the April-June period likely rose nearly 13 percent from a year earlier on strong performance of p
LG Electronics Q2 operating profit up 12.7 pct to 892.7 bln won
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SEOUL, July 7 (Yonhap) -- LG Electronics Inc. on Friday estimated its second-quarter operating earnings at 892.7 billion won (US$684.2 million), up 12.7 percent from a year earlier.Sales increased 2.7 percent to 19.99 trillion won. The data for net e
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HD Korea Shipbuilding bags 416.2 bln-won order for 3 LPG carriers
SEOUL, July 7 (Yonhap) -- South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Friday it has won a 416.2 billion-won (US$319.9 million) order to build three liquefied petroleum gas (LPG) carriers for a European shipper.HD Hyund
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