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  S. Korea, India to resume talks on upgrading trade pact

  SEOUL, Nov. 3 (Yonhap) -- South Korea and India were to hold a new round of negotiations Thursday to upgrade their bilateral trade pact after a three-year hiatus, Seoul's trade ministry said.The two nations implemented the Comprehensive Economic
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  Foreign reserves continue to shrink in Oct. as authorities support local currency

  SEOUL, Nov. 3 (Yonhap) -- South Korea's foreign reserves continued to shrink in October as authorities unloaded dollars to support the weakening local currency, central bank data showed Thursday.The country's foreign reserves had stood at US$
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  S. Korea, Saudi Arabia vow energy cooperation amid OPEC Plus' production cut

  SEOUL, Nov. 2 (Yonhap) -- South Korea and Saudi Arabia agreed Wednesday to boost cooperation to ensure stable oil supplies, Seoul's industry ministry said, as concerns have grown over the Organization of the Petroleum Exporting Countries (OPEC) P
• Dongwon Systems Q3 net income down 8.7 pct to 18.8 bln won

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  SEOUL, Nov. 2 (Yonhap) -- Dongwon Systems Corp. on Wednesday reported its third-quarter net income of 18.8 billion won (US$13.3 million), down 8.7 percent from a year earlier.The company said in a regulatory filing that operating income for the July-
• Doosan swings to black in Q3

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  SEOUL, Nov. 2 (Yonhap) -- Doosan Co. on Wednesday reported its third-quarter net profit of 83.8 billion won (US$59.1 million), swinging from a loss of 1.8 billion won a year earlier.Operating profit for the July-September period was 340.6 billion won
• Dongwon Industries Q3 net income down 11.9 pct to 48.7 bln won

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  SEOUL, Nov. 2 (Yonhap) -- Dongwon Industries Co. on Wednesday reported its third-quarter net profit of 48.7 billion won (US$34.4 million), down 11.9 percent from a year earlier.The company said in a regulatory filing that operating profit for the Jul
• SK Ie Technology swings to red in Q3

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  SEOUL, Nov. 2 (Yonhap) -- SK Ie Technology Co. on Wednesday reported its third-quarter net loss of 25 billion won (US$17.6 million), shifting from a profit of 36.1 billion won a year earlier.The company said in a regulatory filing that it posted an o
• Korea Zinc Inc Q3 net income down 64.9 pct to 70.3 bln won

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  SEOUL, Nov. 2 (Yonhap) -- Korea Zinc Inc on Wednesday reported its third-quarter net profit of 70.3 billion won (US$49.6 million), down 64.9 percent from a year earlier.Operating profit for the July-September period was 150.6 billion won, down 43.3 p
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  (LEAD) S. Korea to provide official feedback to U.S. on IRA this week

  (ATTN: ADDS trade chief's comments in last 2 paras)SEOUL, Nov. 2 (Yonhap) -- South Korea will submit an official written opinion to the United States this week regarding an act that excludes electric vehicles assembled outside of North America fr
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  (LEAD) Hankook Tire Q3 net jumps 19 pct on weak won, increased sales

  (ATTN: RECASTS headline; ADDS more details throughout, photo)SEOUL, Nov. 2 (Yonhap) -- Hankook Tire & Technology Co. said Wednesday its third-quarter net profit rose 19 percent from a year earlier helped by a weak won and increased sales of high-end
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  Insurer's uncalled US$500 mln bond adds to credit crunch woes

  SEOUL, Nov. 2 (Yonhap) -- A South Korean insurer's uncalled foreign currency-denominated debt is adding woes to the country's already deepening credit crunch, industry sources said Wednesday.Second-tier insurer Heungkuk Life Insurance Co. has
• Hankook Tire & Technology Q3 net profit up 19 pct to 220.7 bln won

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  SEOUL, Nov. 2 (Yonhap) -- Hankook Tire & Technology Co. on Wednesday reported its third-quarter net income of 220.7 billion won (US$155.6 million), up 19 percent from a year earlier.Operating income for the July-September period was 192.4 billion won
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  Korean Air begins inspections on Airbus planes after two accidents

  SEOUL, Nov. 2 (Yonhap) -- Korean Air Co., South Korea's top air carrier, said Wednesday it has launched a thorough special safety audit of its Airbus A330 fleet after two incidents involving the same model in less than two weeks.The move came aft
• S. Korea closes some air routes in East Sea after N. Korean missile launches

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  SEOUL, Nov. 2 (Yonhap) -- South Korea on Wednesday closed some of its air routes in the East Sea after one of multiple missiles fired by North Korea landed near the South's Ulleung Island. North Korea fired about a dozen missiles earlier in the d
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  S. Korea to provide official feedback to U.S. on Inflation Reduction Act this week

  SEOUL, Nov. 2 (Yonhap) -- South Korea will submit an official written opinion to the United States this week regarding an act that excludes electric vehicles assembled outside of North America from tax credits, officials said Wednesday.The U.S. Treas
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  (LEAD) Hyundai, Kia's U.S. sales up 7.9 pct in Oct. amid chip shortage

  (ATTN: UPDATES with Genesis figures throughout)SEOUL, Nov. 2 (Yonhap) -- Hyundai Motor Group said Wednesday its overall vehicle sales in the United States rose 7.9 percent last month from a year earlier despite the extended chip shortage.Hyundai Moto
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  Hyundai, Kia's U.S. sales up 9.2 pct in Oct. amid chip shortage

  SEOUL, Nov. 2 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday their vehicle sales in the United States rose 9.2 percent last month from a year earlier despite the extended chip shortage.Hyundai and Kia sold a combined 118,880
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  (3rd LD) S. Korea's consumer prices up 5.7 pct on-year in Oct. on higher utility bills

  (ATTN: ADDS BOK's forecast, more info in paras 16-20)By Kang Yoon-seungSEOUL, Nov. 2 (Yonhap) -- South Korea's on-year growth in consumer prices accelerated from the previous month in October, data showed Wednesday, staying above the 5 percen
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  (2nd LD) S. Korea's consumer prices up 5.7 pct on-year in Oct. on higher utility bills

  (ATTN: ADDS details in last 4 paras, photo)By Kang Yoon-seungSEOUL, Nov. 2 (Yonhap) -- South Korea's on-year growth in consumer prices accelerated from the previous month in October, data showed Wednesday, staying above the 5 percent level for si
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  (LEAD) S. Korea's consumer prices up 5.7 pct on-year in Oct. on higher utility bills

  (ATTN: RECASTS headline, lead; ADDS details throughout)By Kang Yoon-seungSEOUL, Nov. 2 (Yonhap) -- South Korea's on-year growth in consumer prices accelerated from the previous month in October, data showed Wednesday, staying above the 5 percent