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  Most S. Korean manufacturers rule out reshoring: poll

  SEOUL, Sept. 27 (Yonhap) -- More than 9 in 10 South Korean companies aren't considering bringing their manufacturing back home due mainly to labor regulations here, a poll showed Tuesday.Of the 306 South Korean businesses that have overseas opera
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  Deaths in S. Korea hit record high last year amid rapid aging, pandemic

  SEOUL, Sept. 27 (Yonhap) -- The number of deaths in South Korea hit an all-time high last year due largely to rapid aging and the fallout of the COVID-19 pandemic, data showed Tuesday.A total of 317,680 people died in the country last year, up 12,732
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  Celltrion receives approval to sell anticancer biosimilar Vegzelma in Japan

  SEOUL, Sept. 27 (Yonhap) -- South Korean biopharmaceutical firm Celltrion Inc. said Tuesday it has received approval to sell its anticancer biosimilar Vegzelma in Japan.According to the company, Japan's Ministry of Health, Labor and Welfare recen
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  Asiana to expand flights to Japan as visa-free travel resumes

  SEOUL, Sept. 27 (Yonhap) -- Asiana Airlines Inc., South Korea's second-biggest carrier, said Tuesday it will expand flights to Japan from late October on Japan's decision to ease travel restrictions despite the COVID-19 pandemic. Japan announ
• Top headlines in major S. Korean newspapers

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  SEOUL, Sept. 27 (Yonhap) -- The following are the top in major South Korean newspapers on Sept. 27.Korean-language dailies-- Exchange rate soars to 1,431 won; stocks plunge 3 pct (Kyunghyang Shinmun)-- Hyundai outlet fire in Daejeon kills 7 people (
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  Inflation expectations fall for second consecutive month in Sept.: BOK data

  SEOUL, Sept. 26 (Yonhap) -- South Korea's inflation expectations declined for a second straight month in September amid falling oil prices, a central bank survey showed Monday. Ordinary people expected consumer prices will grow 4.2 percent over t
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  OECD cuts South Korea's 2023 growth outlook to 2.2 pct

  SEOUL, Sept. 26 (Yonhap) -- The Organization for Economic Cooperation and Development (OECD) on Monday lowered its outlook for South Korea's growth for next year, citing uncertainties in the global economy. In its interim report on next year'
• Genexine to raise 100 bln won via stock sale

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  SEOUL, SEPTEMBER 26 (Yonhap) -- Genexine Inc.on Monday announced that it will sell stock to raise 100 billion won(US$69.9 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing
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  (News Focus) Hanwha eyes major boost in defense, green energy drive with envisioned Daewoo Shipbuilding takeover

  By Kim Seung-yeon SEOUL, Sept. 26 (Yonhap) -- Hanwha Group's push to take over Daewoo Shipbuilding & Marine Engineering Co. (DSME) heralds a major boost for its key defense and green energy sectors amid widening efforts to streamline the business
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  (News Focus) DSME seen to get a boost from potential sale to Hanwha

  SEOUL, Sept. 26 (Yonhap) -- Troubled South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) is widely expected to make headway with its efforts to get back on track, as it is likely to find a private owner after 21 years of state c
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  S. Korea's external soundness remains in good shape: finance minister

  SEOUL, Sept. 26 (Yonhap) -- The South Korean economy has been weighed down by heightened global uncertainty, but it has maintained robust external soundness, the finance minister said Monday.Finance Minister Choo Kyung-ho made the remarks during his
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  (LEAD) Daewoo Shipbuilding inks MOU with Hanwha on conditional sale

  (ATTN: REWRITES headline, lead; UPDATES with more details from 2nd para)SEOUL, Sept. 26. (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. (DSME) signed a preliminary investment deal with Hanwha Group on Monday, in a move that could put the em
• (URGENT) Hanwha signs MOU with Daewoo Shipbuilding on conditional sale of shipyard: KDB

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  (2nd LD) Won hits fresh over 13-year low per U.S. dollar on tightening woes

  (ATTN: RECASTS with latest details throughout; ADDS photos)SEOUL, Sept. 26 (Yonhap) -- The South Korean currency on Monday hit a fresh over 13-year low against the U.S. dollar amid growing concerns that the Federal Reserve's aggressive monetary t
• Daewoo Shipbuilding & Marine Engineering to sell shares to raise capital

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  SEOUL, Sept. 26 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co.on Monday announced that it will sell stock to raise capital.According to a regulatory filing, the company will issue some 104.43 million common shares at a price of 19,150 won p
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  Major firms urged to join energy-saving efforts

  SEOUL, Sept. 26 (Yonhap) -- Industry Minister Lee Chang-yang asked major companies Monday to join efforts to reduce energy consumption this winter to cope with soaring energy costs.Lee made the request during a meeting with CEOs of 10 major companies
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  (LEAD) Inflation to stabilize at slow pace due to won's weakness: BOK chief

  (ATTN: UPDATES with remarks by BOK chief throughout)SEOUL, Sept. 26 (Yonhap) -- South Korea's consumer prices are likely to peak in October, but they may stabilize at a slow pace due to the local currency's sharp weakness against the U.S. dol
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  (LEAD) Won hits over 13-year low per U.S. dollar during intraday trade on global tightening

  (ATTN: RECASTS with latest details throughout; ADDS photos)SEOUL, Sept. 26 (Yonhap) -- The South Korean currency on Monday dipped below the 1,420 won mark against the U.S. dollar for the first time in more than 13 years during intraday trading amid t
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  Inflation to stay in 5-6 pct range for considerable period of time: BOK chief

  SEOUL, Sept. 26 (Yonhap) -- South Korea's consumer prices are likely to stay in the 5-6 percent range for a considerable period of time amid high energy and food prices and the local currency's sharp weakness against the U.S. dollar, the chie
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  Gov't mulling sale of DSME to Hanwha Group: sources

  SEOUL, Sept. 26. (Yonhap) -- Ranking government officials on Monday discussed a plan to sell major South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) to Hanwha Group, the country's seventh-largest conglomerate, sources said