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(LEAD) Auto exports jump 28 pct in October on solid demand for eco-friendly cars

(ATTN: ADDS more details in last 5 paras)SEOUL, Nov. 11 (Yonhap) -- South Korea's car exports jumped 28.5 percent on-year last month on brisk demand for eco-friendly cars, data showed Friday.The value of outbound shipments of automobiles came to
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(LEAD) KEPCO Q3 net losses deepen on higher fuel costs

(ATTN: RECASTS throughout with details; CHANGES headline; ADDS photo)SEOUL, Nov. 11 (Yonhap) -- The state-run Korea Electric Power Corp. said Friday its net losses deepened in the third quarter from a year earlier on higher fuel costs and limited ele
Korea Electric Power remains in red in Q3

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SEOUL, Nov. 11 (Yonhap) -- Korea Electric Power Corp. on Friday reported its third-quarter net loss of 5.88 trillion won (US$4.4 billion), remaining in the red compared with a year ago.The company said in a regulatory filing that it continued to post
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BOK board member calls for 'simple, direct' communication on monetary policy

SEOUL, Nov. 11 (Yonhap) -- A monetary policymaker of the Bank of Korea (BOK) on Friday underlined the need for "simple" and "direct" communication when the central bank tries to send signals to the market on its future policy
Gov't to inject 2.8 tln won to prop up short-term money market

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SEOUL, Nov. 11 (Yonhap) -- South Korea's financial regulator said Friday it will inject more than 2.8 trillion won (US$2.1 billion) in liquidity to prop up the short-term money market and ease worries over a credit crunch. The money will be pumpe
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(2nd LD) BOK chief says continued monetary tightening necessary but worries about 'growing signs of stress'

(ATTN: ADDS BOK chief's remarks, CHANGES photo)SEOUL, Nov. 11 (Yonhap) -- South Korea's top central banker said Friday that it is a top priority to ensure price stability and reduce inflation pressure through monetary tightening but worried t
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SsangYong Motor graduates from court-led debt rescheduling program

SEOUL, Nov. 11 (Yonhap) -- SsangYong Motor Co. said Friday it has graduated from the court-led debt rescheduling program 1 1/2 years after it was placed under court receivership amid the COVID-19 pandemic. SsangYong Motor applied for court receiversh
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GS Caltex starts up new cracking facility in S. Korea

By Kim Seung-yeonSEOUL, Nov. 11 (Yonhap) -- GS Caltex Corp., a major South Korean refiner, said Friday it has completed the construction of a new olefin cracking facility on the country's southwest coast, as it seeks to expand the petrochemical b
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Auto exports jump 28 pct in October on solid demand for eco-friendly cars

SEOUL, Nov. 11 (Yonhap) -- South Korea's car exports jumped 28.5 percent on-year last month on brisk demand for eco-friendly cars, data showed Friday.The value of outbound shipments of automobiles came to US$4.92 billion last month, the largest e
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Korean Air to expand flights on Asia routes amid eased virus curbs

SEOUL, Nov. 11 (Yonhap) -- Korean Air Lines Co., South Korea's biggest carrier, said Friday it will expand the number of flights on routes to Asian countries from later this month as travel demand recovers amid eased COVID-19 curbs.Korean Air wil
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U.S. keeps S. Korea on 'monitoring list' of foreign exchange

By Kang Yoon-seungSEOUL, Nov. 11 (Yonhap) -- South Korea has again been placed on a list of countries to be closely monitored by the United States in terms of foreign exchanges, the U.S. Department of Treasury has said, due to its strong surplus in b
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(LEAD) BOK chief says continued monetary tightening necessary but worries about 'growing signs of stress'

(ATTN: ADDS more info in last 3 paras, photo)SEOUL, Nov. 11 (Yonhap) -- South Korea's top central banker said Friday that it is a top priority to ensure price stability and reduce inflation pressure through monetary tightening but worried there a
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Economy slowdown to linger on inflation, weak exports: ministry

SEOUL, Nov. 11 (Yonhap) -- South Korea's economy is likely to face a slowdown despite a recovery in private spending, as global economic uncertainties weigh down on exports, the finance ministry said Friday.The outlook also came as the global inf
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Jin Air to open Busan-Kota Kinabalu route next month

SEOUL, Nov. 11 (Yonhap) -- Jin Air Co., the budget carrier unit of Korean Air Lines Co., said Friday it will open the Busan-Kota Kinabalu route next month as travel demand recovers amid eased COVID-19 virus curbs. Jin Air will operate a 189-seat B737
Kolmar Korea Q3 net income down 5.8 pct to 6.5 bln won

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SEOUL, Nov. 11 (Yonhap) -- Kolmar Korea Co. on Friday reported its third-quarter net income of 6.5 billion won (US$4.8 million), down 5.8 percent from a year earlier.The company said in a regulatory filing that it posted 18.1 billion won in operating
BOK chief says continued monetary tightening necessary but worries about 'growing signs of stress'

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SEOUL, Nov. 11 (Yonhap) -- South Korea's top central banker said Friday that it is a top priority to ensure price stability and reduce inflation pressure through monetary tightening but worried there are "growing signs of stress" in v
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(LEAD) Exports down 2.8 pct during first 10 days of Nov.

(ATTN: ADDS details throughout)By Kang Yoon-seungSEOUL, Nov. 11 (Yonhap) -- South Korea's exports slipped 2.8 percent on-year in the first 10 days of November due mainly to weak shipments of chips and mobile devices, data showed Friday.The countr
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(LEAD) NCSOFT Q3 net profit up 83 pct on stellar sales of 'Lineage' franchise

(ATTN: RECASTS throughout; CHANGES headline; ADDS photo)SEOUL, Nov. 11 (Yonhap) -- NCSOFT Corp., a major South Korean online and mobile game developer, said Friday its third-quarter net income soared more than 80 percent from a year earlier, led by s
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Exports down 2.8 pct during first 10 days of Nov.

SEOUL, Nov. 11 (Yonhap) -- South Korea's exports slipped 2.8 percent on-year in the first 10 days of November due mainly to weak shipments of chips and mobile devices, data showed Friday.The country's outbound shipments stood at US$17.7 billi
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LG Energy Solution secures long-term lithium carbonate supply from U.S. producer

SEOUL, Nov. 11 (Yonhap) -- South Korean battery maker LG Energy Solution Ltd. said Friday it has signed a binding agreement with a U.S. minerals provider for a long-term supply of a key lithium product used in electric vehicle (EV) lithium-ion batter