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  S. Korean shipyards dominate global green-ship market

  SEOUL, Sept. 22 (Yonhap) -- South Korean shipbuilders won nearly 57 percent of global orders for eco-friendly ships in the first eight months of this year thanks to their technological superiority, an industry tracker said Thursday.Local shipyards cl
• Top headlines in major S. Korean newspapers

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  SEOUL, Sept. 22 (Yonhap) -- The following are the top in major South Korean newspapers on Sept. 22.Korean-language dailies-- Gov't lifts real estate rules for non-metropolitan areas except for Sejong amid falling home prices (Kyunghyang Shinmun)
• STX Heavy Industries to sell shares to raise capital

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  SEOUL, Sept. 21 (Yonhap) -- STX Heavy Industries Co. on Wednesday announced that it will sell stock to raise capital.According to a regulatory filing, the company will issue 6,915 common shares at a price of 20,000 won per share. The stock will be so
• STX Heavy Industries to sell shares to raise capital

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  SEOUL, Sept. 21 (Yonhap) -- STX Heavy Industries Co. on Wednesday announced that it will sell stock to raise capital.According to a regulatory filing, the company will issue 8,151 common shares at a price of 200,000 won per share. The stock will be s
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  S. Korea seeks active cooperation with EU on nuclear power generation

  SEOUL, Sept. 21 (Yonhap) -- South Korea seeks to boost cooperation with European nations on nuclear power generation facilities in a move to ensure energy security and better respond to climate change, the industry ministry here said Wednesday.How to
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  (2nd LD) Exports down 8.7 pct during first 20 days of September

  (ATTN: ADDS finance minister's comments at bottom)SEOUL, Sept. 21 (Yonhap) -- South Korea's exports fell 8.7 percent on-year in the first 20 days of September due mainly to fewer working days, and the country logged a trade deficit on high en
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  Fed may not open standing currency swap line exclusively with S. Korea: U.S. economist

  By Kim Soo-yeonSEOUL, Sept. 21 (Yonhap) -- Maurice Obstfeld, a renowned U.S. economist, said Wednesday the opening of a currency swap line will help stabilize the foreign exchange market but voiced doubts about the possibility of the U.S. clinching a
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  POSCO reaffirms its plans to fully normalize typhoon-hit facilities by December

  SEOUL, Sept. 21 (Yonhap) -- South Korea's top steelmaker POSCO said Wednesday it will complete the normalization of its facilities damaged by a recent typhoon within three months, stressing that any major supply glitch would not occur given its p
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  Woori Card's Indonesian unit sets sail

  SEOUL, Sept. 21 (Yonhap) -- Woori Card, a major card firm in South Korea, said Wednesday its subsidiary firm PT Woori Finance Indonesia Tbk has set sail in Jakarta as it seeks to broaden inroads into the Southeast Asian market. The launch came about
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  Electronic payments jump in H1 amid pandemic

  SEOUL, Sept. 21 (Yonhap) -- The amount of payments made electronically posted a two-digit growth in the first half of this year, central bank data showed Wednesday, as the COVID-19 pandemic prompted more people to engage in contact-free commerce. The
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  (LEAD) S. Korea seeks 'political' solution to U.S. inflation law: industry minister

  (ATTN: UPDATES with additional remarks from Minister Lee in last 4 paras; ADDS photo)By Byun Duk-kunWASHINGTON, Sept. 20 (Yonhap) -- South Korea hopes to find a political solution to the new U.S. law on inflation that excludes South Korean-made elect
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  POSCO Chemical, OCI begin construction of joint factory for battery coating material

  SEOUL, Sept. 21 (Yonhap) -- POSCO Chemical Co., a South Korean producer of advanced materials, said Wednesday the construction began for a domestic plant to produce a key coating material used in secondary batteries under a joint venture with chemica
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  (LEAD) Exports down 8.7 pct during first 20 days of September

  (ATTN: ADDS more details throughout)SEOUL, Sept. 21 (Yonhap) -- South Korea's exports fell 8.7 percent on-year in the first 20 days of September due mainly to fewer working days, and the country logged a trade deficit on high energy costs, data s
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  Exports down 8.7 pct during first 20 days of September

  SEOUL, Sept. 21 (Yonhap) -- South Korea's exports fell 8.7 percent on-year in the first 20 days of September due mainly to fewer working days over the Chuseok holiday, data showed Wednesday.The country's outbound shipments stood at US$32.96 b
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  ADB cuts 2023 growth outlook for S. Korean economy to 2.3 pct

  SEOUL, Sept. 21 (Yonhap) -- The Asian Development Bank (ADB) on Wednesday slashed its 2023 growth outlook for the South Korean economy to 2.3 percent amid growing concerns that monetary tightening in the United States and other major countries will l
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  S. Korea seeks 'political' solution to U.S. inflation law: industry minister

  By Byun Duk-kunWASHINGTON, Sept. 20 (Yonhap) -- South Korea hopes to find a political solution to the new U.S. law on inflation that excludes South Korean-made electric vehicles (EVs) from U.S. tax benefits, South Korean Industry Minister Lee Chang-y
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  Internet-only K-Bank wins bourse operator's approval for preliminary IPO review

  By Chung Joo-wonSEOUL, Sept. 20 (Yonhap) -- South Korea's bourse operator on Tuesday approved the preliminary review of South Korean online lender K-Bank to go public, citing the bank's solid performance. The Korea Exchange (KRX) said K-Bank
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  Amorepacific to sell 60 pct stake in packaging affiliate to France's Autajon Group

  SEOUL, Sept. 20 (Yonhap) -- South Korean cosmetics giant Amorepacific Corp. said Tuesday it has agreed to sell a 60 percent stake in its packaging making affiliate to France's Autajon Group, as part of its plan to strengthen ties with the French
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  Most S. Korean bond experts eye more rate hikes in Oct.: poll

  SEOUL, Sept. 20 (Yonhap) -- A majority of bond experts in South Korea expect the country's central bank to raise its policy interest rates next month along with the U.S. Federal Reserve's hawkish signal, a poll showed Tuesday. According to th
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  S. Korea, Thailand conduct joint crackdown on drug smuggling

  SEOUL, Sept. 20 (Yonhap) -- The customs agencies of South Korea and Thailand have carried out a joint crackdown on drug smuggling and confiscated a large amount of methamphetamine and other narcotics, government officials said Tuesday.The Korea Custo