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  Regulator fines Hankook Tire for unfair intra-affiliate trading

  By Kang Yoon-seungSEJONG, Nov. 8 (Yonhap) -- South Korea's antitrust regulator said Tuesday it has decided to impose fines of around 8 billion won (US$5.73 million) on Hankook Tire & Technology Co. and its tire mold manufacturing arm for an unfai
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  S. Korea's economy to grow 0.5 pct in 2050 on low birth rates

  SEJONG, Nov. 8 (Yonhap) -- South Korea's economy is expected to rise 0.5 percent on-year in 2050 due to the country's aging population and chronically low birth rates, a state-run think-tank said Tuesday.The South Korean economy is expected t
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  Manufacturers' domestic supply extends gains to 7th quarter in Q3

  SEJONG, Nov. 8 (Yonhap) -- South Korean manufacturers' domestic supply rose on-year for the seventh straight quarter in the July-September period on the back of eased social distancing measures, data showed Tuesday.The manufacturing domestic supp
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  58 more firms added to antitrust watch list

  SEJONG, Nov. 8 (Yonhap) -- South Korea's antitrust regulator said Tuesday it has added 58 new businesses to the list of companies affiliated with large business groups under tight supervision. The total number of affiliates on the Fair Trade Comm
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  S. Korean shipbuilders rank 2nd in new global orders in Oct.

  SEOUL, Nov. 8 (Yonhap) -- South Korean shipbuilders lagged far behind their Chinese rivals in terms of new global orders in October to take the No. 2 spot in the world, industry data showed Tuesday.Local shipbuilders won a combined 1.43 million compe
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  (2nd LD) Sept. current account turns to surplus, sharply drops on-year amid high import, travel bills

  (ATTN: ADDS BOK's forecast in paras 10-12)SEOUL, Nov. 8 (Yonhap) -- South Korea posted a current account surplus in September, swinging from the previous month's shortfall, but it was much smaller than a year earlier as import bills remained
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  MSCI chairman says S. Korea needs more 'action' to join MSCI's watch list of developed markets

  By Chung Joo-won SEOUL, Nov. 8 (Yonhap) -- South Korea needs to show significant action to make MSCI's watch list of countries with developed market status, the chief of the global index provider Morgan Stanley Capital International (MSCI) has sa
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  (LEAD) NHN Q3 net income down 51.9 pct to 21.4 bln won on operating costs

  (ATTN: RECASTS with more details throughout; ADDS image)SEOUL, Nov. 8 (Yonhap) -- NHN Corp. on Tuesday reported its third-quarter net profit of 21.4 billion won (US$15.3 million), down 51.9 percent from a year earlier due to increased operating costs
• NHN Q3 net income down 51.9 pct to 21.4 bln won

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  SEOUL, Nov. 8 (Yonhap) -- NHN Corp. on Tuesday reported its third-quarter net profit of 21.4 billion won (US$15.3 million), down 51.9 percent from a year earlier.The company said in a regulatory filing that it posted 8.3 billion won in operating prof
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  (LEAD) Sept. current account turns to surplus, sharply drops on-year amid high import, travel bills

  (ATTN: RECASTS headline; ADDS more info from 5th para, photo)SEOUL, Nov. 8 (Yonhap) -- South Korea posted a current account surplus in September, swinging from the previous month's shortfall, but it was much smaller than a year earlier as import
• S. Korea's current account swings to surplus in Sept. but much smaller than year before

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  SEOUL, Nov. 8 (Yonhap) -- South Korea posted a current account surplus in September, swinging from the previous month's shortfall, but it was much smaller than a year earlier as import bills remained high and outbound travel grew due to eased pan
• (URGENT) S. Korea's current account swings to surplus of US$1.61 bln in September

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  (END)
• (EDITORIAL from Korea Times on Nov. 8)

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  Looming debt crisisTake bolder action to defuse ticking financial bombConcerns are growing over the potential volatility in the financial markets, prompted by the seemingly "excessive" interest rate hikes. Central banks of the United Stat
• Top headlines in major S. Korean newspapers

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  SEOUL, Nov. 8 (Yonhap) -- The following are the top in major South Korean newspapers on Nov. 8.Korean-language dailies-- Yoon only rebukes police, doesn't hold gov't responsible (Kyunghyang Shinmun)-- Opposition party calls for interior mini
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  Heungkuk to exercise call option for hybrid bonds

  SEOUL, Nov. 7 (Yonhap) -- South Korean insurer Heungkuk Life Insurance Co. said Monday it plans to exercise a call option for long-term hybrid bonds issued in 2017, reversing its previous decision to delay the buy-back."We apologize for causing
• Handsome Q3 net profit down 7.5 pct to 20.9 bln won

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  SEOUL, Nov. 7 (Yonhap) -- Handsome Corp. on Monday reported its third-quarter net profit of 20.9 billion won (US$14.9 million), down 7.5 percent from a year earlier.The company said in a regulatory filing that operating profit for the July-September
• CJ Logistics Q3 net income up 52.2 pct to 60.2 bln won

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  SEOUL, Nov. 7 (Yonhap) -- CJ Logistics Corp. on Monday reported its third-quarter net profit of 60.2 billion won (US$43 million), up 52.2 percent from a year earlier.Operating income for the July-September period was 107.7 billion won, up 2.2 percent
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  Daily number of travelers at Incheon Int'l Airport hits highest level in nearly 3 yrs

  SEOUL, Nov. 7 (Yonhap) -- The daily number of passengers traveling via Incheon International Airport has hit 90,000, the highest point in two years and eight months, the airport's operator said Monday. According to the Incheon International Airpo
• Hyundai Home Shopping Network Q3 net income down 38.1 pct to 40.6 bln won

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  SEOUL, Nov. 7 (Yonhap) -- Hyundai Home Shopping Network Corp. on Monday reported its third-quarter net profit of 40.6 billion won (US$29 million), down 38.1 percent from a year earlier.The company said in a regulatory filing that operating income for
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  S. Korea introduces own container cargo index

  SEOUL, Nov. 7 (Yonhap) -- South Korea announced its maiden container freight index Monday to better reflect shipping rates on Asian routes, the oceans ministry said.The Korea Ocean Business Corporation (KOBC) Container Composite Index (KCCI) stood at