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Top headlines in major S. Korean newspapers
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SEOUL, Sept. 30 (Yonhap) -- The following are the top in major South Korean newspapers on Sept. 30.Korean-language dailies-- Dismissal motion against Park Jin passes; rival parties clash head-on (Kyunghyang Shinmun)-- Harris calls N. Korea 'brut
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(LEAD) PM calls for swift containment measures against African swine fever
(ATTN: ADDS gov't responses in paras 3-4)SEOUL, Sept. 29 (Yonhap) -- Prime Minister Han Duck-soo on Thursday called for officials to swiftly carry out containment measures against the African swine fever, with the nation having reported two new o
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BOK to sell 9.9 tln won worth of monetary stabilization bonds next month
SEOUL, Sept. 29 (Yonhap) -- South Korea's central bank said Thursday it will issue a larger amount of monetary stabilization bonds (MSBs) in October from a month earlier to better manage market liquidity.The Bank of Korea (BOK) said it plans to s
Powernet Technologies to raise 5 bln won via stock offering
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SEOUL, Sept. 29 (Yonhap) -- Powernet Technologies Corp. on Thursday announced that it will sell stock to raise 5 billion won(US$3.5 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory fil
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S. Korea to sell 9 tln won worth of gov't bonds in October
SEOUL, Sept. 29 (Yonhap) -- South Korea plans to sell 9 trillion won (US$6.25 billion) in government bonds next month, the finance ministry said Thursday.The ministry will issue 1.3 trillion won in Treasurys with a two-year maturity, another 1.3 tril
Hyungji Innovation And Creative to raise 12.9 bln won via stock sale
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SEOUL, Sept. 29 (Yonhap) -- Hyungji Innovation And Creative Co. on Thursday announced that it will sell stock to raise 12.9 billion won(US$8.9 million). The proceeds from the stock offering will be used primarily to pay off its debts.According to a r
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SsangYong to export 170,000 vehicles to Saudi firm by 2030
SEOUL, Sept. 29 (Yonhap) -- SsangYong Motor Co., a South Korean SUV-focused carmaker, said Thursday it will export about 170,000 vehicles to a Saudi Arabian company by 2030 in the form of semi knockdown (KD) units.In January, SsangYong Motor signed t
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Rubber Duck project returns to Seoul after 8 years
Lotte-rubber duckRubber Duck project returns to Seoul after 8 yearsSEOUL, Sept. 29 (Yonhap) -- Dutch artist Florentijn Hofman's giant yellow rubber duck is back in South Korea for the first time i
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Trade terms hit record low in August
SEOUL, Sept. 29 (Yonhap) -- South Korea's terms of trade fell to the lowest point in August, marked by a fall in prices of semiconductors and petrochemicals, central bank data showed Thursday.The nation's net terms-of-trade index for goods --
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Number of businesses in S. Korea up 0.7 pct in 2021
SEJONG, Sept. 29 (Yonhap) -- The number of companies doing business in South Korea edged up in 2021 from a year earlier amid the economic recovery, government data showed Thursday.Asia's fourth-largest economy had 6.08 million businesses last yea
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Senior citizens make up 17.5 pct of S. Korea's population in 2022
SEOUL, Sept. 29 (Yonhap) -- People aged 65 and older took up 17.5 percent of South Korea's population this year amid rapid aging, data showed Thursday, underscoring concerns that the demographic change could weigh on the country's economy.The
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(LEAD) Korean Air involved in minor collision at Heathrow Airport
(ATTN: UPDATES with details throughout) SEOUL, Sept. 29 (Yonhap) -- Korean Air Lines Co., South Korea's national flag carrier, said Thursday there was a minor collision involving its aircraft and an Icelandair plane at London's Heathrow Airpo
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Tax revenue up 41 tln won through August
SEOUL, Sept. 29 (Yonhap) -- South Korea's tax revenue increased 41 trillion won (US$28.8 billion) in the first eight months of this year compared with a year earlier as the collection of corporate and income taxes rose, the finance ministry said
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Kia to launch high-performance electric model EV6 GT
SEOUL, Sept. 29 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker, said Thursday it will launch the pure electric high-performance model EV6 GT in the domestic market next week in a move to beef up its EV lineup. The EV6 GT comes with
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Korean Air involved in minor collision incident at Heathrow airport
SEOUL, Sept. 29 (Yonhap) -- Korean Air Lines Co., South Korea's national flag carrier, said Thursday there was a minor collision incident involving its aircraft and an Icelandair plane at London Heathrow airport. No injuries have been reported.Th
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(Yonhap Interview) Airbnb wants to add 'hanok' as a category amid growing interest in K-culture from international travelers
By Kang Jae-eunSEOUL, Sept. 29 (Yonhap) -- Airbnb Inc. could add Korean traditional houses known as "hanok" as an independent booking option on its home rental platform, an executive has said, amid the growing popularity of the Korean wav
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Biz sentiment worsens for October amid high prices, economic uncertainites
SEOUL, Sept. 28 (Yonhap) -- South Korea's business sentiment worsened for October amid high commodity costs and aggressive policy tightening in major economies, a central bank poll showed Wednesday.The business sentiment index (BSI) came to 79 fo
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(LEAD) S. Korea, EU discuss responses to U.S. EV tax incentives
(ATTN: REPLACES photo)SEOUL, Sept. 28 (Yonhap) -- South Korea sought joint responses with European Union member nations over a new U.S. act that excludes electric vehicles assembled outside of North America from tax incentives, the industry ministry
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S. Korea decides to scrap satellite launches using Russian rockets amid sanctions
SEOUL, Sept. 28 (Yonhap) -- South Korea has decided to cancel plans to launch satellites using Russian rockets later this year amid the international community's sanctions on Russia's space program over the Ukrainian war, a government documen
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S. Korean plastic film maker wins US$1 bln battery material supply deal for LG-GM joint venture
SEOUL, Sept. 28 (Yonhap) -- Youlchon Chemical Co., a South Korean producer of plastic films, said Wednesday it has signed an agreement to supply a key battery component used in electric vehicles to the joint venture company run by LG Energy Solution
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