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• Top headlines in major S. Korean newspapers

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  SEOUL, Oct. 20 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 20.Korean-language dailies-- Prosecution takes aim at Lee Jae-myung's presidential election funds; Democratic Party halts parliamentary audit (Kyunghya
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  S. Korea to work closely with FTSE Russell for inclusion in WGBI

  By Kang Yoon-seungSEOUL, Oct. 19 (Yonhap) -- South Korea's finance ministry said Wednesday it will work closely with FTSE Russell for the country's potential inclusion into the World Government Bond Index (WGBI), in line with efforts to attra
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  (LEAD) S. Korea discusses U.S. EV tax law with European nations

  (ATTN: ADDS separate meeting with German envoy, background info in paras 4-5)SEOUL, Oct. 19 (Yonhap) -- Trade Minister Ahn Duk-geun met with European officials Wednesday and discussed ways to jointly respond to a U.S. act that excludes electric vehic
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  S. Korea discusses U.S. EV tax law with European nations

  SEOUL, Oct. 19 (Yonhap) -- Trade Minister Ahn Duk-geun met with European officials Wednesday and discussed ways to jointly respond to a U.S. act that excludes electric vehicles assembled outside of North America from tax incentives, the industry mini
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  Seoul's ETF market has high growth potential: U.S. ETF manager

  By Chung Joo-wonSEOUL, Oct. 19 (Yonhap) -- South Korea's exchange traded fund (ETF) market has a high growth potential, the chief of a U.S. ETF-specializing asset manager said WednesdayChristian Magoon, the CEO of the Chicago-based Amplify ETFs,
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  Hyundai unveils all-new Grandeur ahead of launch

  SEOUL, Oct. 18 (Yonhap) -- Hyundai Motor Co., South Korea's leading carmaker, on Wednesday unveiled the design of the all-new Grandeur sedan ahead of its launch next month. The new Grandeur will be available with a 2.5-liter gasoline direct injec
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  (LEAD) GM Korea targets turnaround in 2023 with focus on exports

  (ATTN: UPDATES throughout with details) CHANGWON, South Korea, Oct. 19 (Yonhap) -- General Motors Co. said Wednesday it is targeting to transform its South Korean operations into a "profitable and sustainable business" next year by increa
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  (LEAD) S. Korea reports first avian influenza case in 6 months

  (ATTN: ADDS more details in 3rd para)SEOUL, Oct. 19 (Yonhap) -- South Korea on Wednesday confirmed a highly pathogenic avian influenza case at a duck farm for the first time in about six months, the agriculture ministry said.The case was first report
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  S. Korea's exports likely to slow; uncertainty mounts for current account: BOK report

  SEOUL, Oct. 19 (Yonhap) -- South Korea is expected to see sluggish exports for some time as demand from major markets, including the United States and China, wanes as a consequence of global monetary tightening and slowing growth, a central bank repo
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  Delinquency ratio on bank loans up in August amid rising borrowing costs

  SEOUL, Oct. 19 (Yonhap) -- The delinquency ratio on loans extended by banks in South Korea rose in August from a month earlier as borrowers are under growing pressure from fast-rising borrowing costs, data showed Wednesday.The delinquency ratio on ba
• S. Korea's sovereign wealth fund posts US$28.4 bln loss this year

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  SEOUL, Oct. 19 (Yonhap) -- South Korea's sovereign fund posted US$28.4 billion in losses in the first eight months of this year as global stock and bond markets suffered turmoil, and the fast-weakening local currency resulted in a decline in the
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  S. Korea reports first avian influenza case in 6 months

  SEOUL, Oct. 19 (Yonhap) -- South Korea on Wednesday confirmed a highly pathogenic avian influenza (AI) case at a duck farm for the first time in about six months, the agriculture ministry said.The case was first reported on Tuesday at the farm in the
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  Samsung Heavy wins 270.7 bln-won order for 2 very large gas carriers

  SEOUL, Oct. 19 (Yonhap) -- South Korean shipyard Samsung Heavy Industries Co. said Wednesday it has bagged a 270.7 billion-won (US$191 million) order to build two very large gas carriers for an African shipper.Samsung Heavy said it will deliver the v
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  Top 30 S. Korean firms push to improve energy efficiency by 1 pct per year through 2027

  SEOUL, Oct. 19 (Yonhap) -- Top 30 South Korean companies vowed Wednesday to push for increasing energy efficiency by 1 percent each year over the next five years to better cope with high energy prices and to ensure sustainability, the industry minist
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  GM Korea targets turnaround in 2023 with focus on exports

  CHANGWON, South Korea, Oct. 19 (Yonhap) -- General Motors Co. said Wednesday it is targeting to transform its South Korean operations into a "profitable and sustainable business" next year by increasing exports of next-generation vehicles
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  S. Korea seeks reform of shipbuilding industry's labor structure

  By Kang Yoon-seungSEOUL, Oct. 19 (Yonhap) -- South Korea plans to seek a structural change in the labor market of its shipbuilding industry, the finance ministry said Wednesday, amid growing criticism over shipbuilders taking advantage of subcontract
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  (LEAD) POSCO Holdings Q3 operating profit down 71 pct on typhoon damage

  (ATTN: CHANGES headline; ADDS more details throughout)SEOUL, Oct. 19 (Yonhap) -- POSCO Holdings Inc., the holding firm of South Korea's top steelmaker POSCO, on Wednesday said that its third-quarter operating profit dropped 71 percent as some of
• POSCO Holdings Q3 operating profit down 71 pct to 900 bln won

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  SEOUL, Oct. 19 (Yonhap) -- POSCO Holdings Inc. on Wednesday estimated its third-quarter operating profit at 900 billion won (US$632.6 million), down 71 percent from a year earlier.Revenue increased 2.9 percent to 21.2 trillion won. The data for net e
• Top headlines in major S. Korean newspapers

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  SEOUL, Oct. 19 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 19.Korean-language dailies-- Arrest warrants sought for ex-defense minister, ex-Coast Guard chief over slain fisheries official case (Kyunghyang Shinmun)--
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  Kia, labor union reach tentative wage deal

  SEOUL, Oct. 18 (Yonhap) -- South Korean automaker Kia Corp. and its labor union reached a tentative wage deal Tuesday without a strike for a second consecutive year.Kia's union said a majority of 65.7 percent of 26,490 voters nationwide OK'd