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(LEAD) Hyundai, Kia U.S. sales rise 9.9 pct in June on SUVs, eco-friendly models

(ATTN: UPDATES with Genesis sales figures throughout; CHANGES headline) SEOUL, July 4 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Tuesday their combined sales in the United States rose 9.9 percent in June from a year earlier on rob
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(2nd LD) S. Korea's consumer prices up 2.7 pct in June, slow for 5th month

(ATTN: UPDATES with details throughout; ADDS photo)By Kang Yoon-seungSEOUL, July 4 (Yonhap) -- South Korea's consumer price growth slowed for the fifth straight month in June, falling below 3 percent for the first time in 21 months, data showed T
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Hyundai, Kia U.S. sales rise 9 pct in June

SEOUL, July 4 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Tuesday their combined sales in the United States rose 9 percent in June from a year earlier on robust sales of SUVs and environment-friendly models. Last month, Hyundai and
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(LEAD) S. Korea's consumer prices up 2.7 pct in June, slow for 5th month

(ATTN: UPDATES with details throughout; ADDS photo)By Kang Yoon-seungSEOUL, July 4 (Yonhap) -- South Korea's consumer price growth slowed for the fifth straight month in June, falling below 3 percent for the first time in 21 months, data showed T
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S. Korea's consumer prices up 2.7 pct in June, slow for 5th month

SEOUL, July 4 (Yonhap) -- South Korea's consumer price growth slowed for the fifth straight month in June, falling below 3 percent for the first time in 21 months, data showed Tuesday.Consumer prices, a key gauge of inflation, rose 2.7 percent la
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(URGENT) S. Korea's consumer prices up 2.7 pct on-year in June

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Coupang launches luxury beauty shopping service Rocket Luxury

SEOUL, July 3 (Yonhap) -- South Korea's top e-commerce retailer Coupang Inc. said Monday it has launched a new service allowing customers to buy luxury beauty brands' products at its platform. At Rocket Luxury, customers will be able to purch
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Kia's June sales rise 7.2 pct on strong SUV demand

SEOUL, July 3 (Yonhap) -- Kia Corp., South Korea's second-largest automaker, said Monday its sales rose 7.2 percent last month from a year earlier on strong demand for its SUV models. Kia, a smaller affiliate of Hyundai Motor Co., sold 278,256 ve
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HD Korea Shipbuilding wins orders for 1 offshore facility, 8 ships

SEOUL, July 3 (Yonhap) -- Major South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Monday it has clinched orders worth billions of dollars to build a floating production unit (FPU) and eight vessels.A 1.57 billion-won (US$1.1
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GM Korea's June sales jump 87 pct on strong exports

SEOUL, July 3 (Yonhap) -- GM Korea Co., the South Korean unit of General Motors Co., said Monday its sales jumped 87 percent last month from a year earlier, driven by strong exports.GM Korea sold a total of 49,831 vehicles in June, up from 26,688 uni
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KG Mobility picked as final bidder for Edison Motors

SEOUL, July 3 (Yonhap) -- KG Mobility, formerly SsangYong Motors, said Monday it has been selected as the final bidder for Edison Motors Co., which has been under the court-led debt rescheduling program since January.In April, a bankruptcy court in t
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Hyundai's June sales rise 9.5 pct on high-end, SUV models

SEOUL, July 3 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker, said Monday its sales rose 9.5 percent last month from a year earlier helped by high-end and SUV models. Hyundai Motor sold 375,113 vehicles in June, up from 342,641 uni
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Major coffee chain A Twosome Place names new CEO

SEOUL, July 3 (Yonhap) -- A Twosome Place Co., one of the major cafe chains in South Korea, said Monday it has named Moon Young-joo, former head of BKR Corp., the operator of Burger King in the country, as its new CEO.Moon is a marketing expert who h
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KG Mobility's June sales jump 28 pct on SUV models

SEOUL, July 3 (Yonhap) -- KG Mobility, formerly known as SsangYong Motors, said Monday its sales rose 28 percent last month from a year earlier on increased sales of its SUV models.KG Mobility sold 10,243 vehicles in June, up from 7,979 units a year
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Renault Korea's June sales fall 39 pct on weak domestic sales

SEOUL, July 3 (Yonhap) -- Renault Korea Motors, the South Korean unit of Renault S.A., said Monday its sales fell 39 percent last month from a year earlier due to weak domestic sales. Renault Korea sold 7,297 vehicles in June, down from 12,011 units
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(3rd LD) Biggest umbrella labor group goes on 2-week general strike

(ATTN: ADDS industry chief's meeting with major economic associations in last 6 paras)SEOUL, July 3 (Yonhap) -- The Korean Confederation of Trade Unions (KCTU), South Korea's largest umbrella labor group, launched a two-week general strike Mo
Today in Korean history

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July 41950 -- U.S. troops engage North Korean forces in Osan. The encounter marks the first clash between U.S. and North Korean soldiers in the Korean War.1972 -- South and North Korea announce the July 4 joint communique outlining the future directi
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POSCO to invest 121 tln won to hone competitiveness

SEOUL, July 3 (Yonhap) -- POSCO Holdings Inc. said Monday it will invest 121 trillion won (US$92 billion) by 2030 in an effort to boost its competitive edge in steelmaking and new growth engines.South Korea's leading steelmaker said 73 trillion w
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Online shopping up 8.7 pct on stronger travel demand

By Kang Yoon-seungSEOUL, July 3 (Yonhap) -- Online shopping in South Korea rose 8.7 percent on-year in May on the stronger demand for travel services amid the eased COVID-19 restrictions, data showed Monday.The value of online shopping transactions a
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S. Korea's exports to U.S. up 5.5 pct per year for 10 years on KORUS FTA

SEOUL, July 3 (Yonhap) -- South Korea's exports to the United States rose more than 5 percent per year on average over the past decade thanks to the 2012 bilateral free trade agreement, compared with a 1.5 percent increase in the country's ov