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  Shipyard KSOE bags 331.8 bln-won order for 2 vehicle carriers

  SEOUL, Sept. 14 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE), a major South Korean shipyard, said Wednesday it has clinched a 331.8 billion-won (US$239 million) order to build two vehicle carriers for a Middle East-based shipper.H
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  (2nd LD) Won hits over 13-yr low following disappointing U.S. inflation data, rate hike woes

  (ATTN: UPDATES paras 2, 8-9; ADDS more info in last 6 paras)SEOUL, Sept. 14 (Yonhap) -- The South Korean currency on Wednesday tumbled below the 1,390 won mark against the greenback for the first time in over 13 years as the higher-than-expected infl
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  Hyundai Glovis wins 2.2 tln-won vehicle delivery deal

  SEOUL, Sept. 14 (Yonhap) -- Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, said Wednesday it has received a record 2.2 trillion-won (US$1.6 billion) vehicle delivery deal from a global carmaker. Under the deal, Hyundai Glovis will del
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  (LEAD) Won hits over 13-yr low following disappointing U.S. inflation data, rate hike woes

  (ATTN: ADDS gov't response meeting, stock tradings in last 5 paras)SEOUL, Sept. 14 (Yonhap) -- The South Korean currency on Wednesday tumbled below the 1,390 won mark against the greenback for the first time in over 13 years as the higher-than-ex
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  S. Korea sets up task force to support typhoon-hit steel industry

  SEOUL, Sept. 14 (Yonhap) -- The industry ministry said Wednesday it will run a task force to support steelmakers with post-typhoon recovery work and to check the supply situation of steel products to minimize damage by Typhoon Hinnamnor.Last week, Ty
• Won hits over 13-yr low following disappointing U.S. inflation data, rate hike woes

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  SEOUL, Sept. 14 (Yonhap) -- The South Korean currency on Wednesday tumbled below the 1,390-won mark against the greenback for the first time in over 13 years as the higher-than-expected inflation data in the United States stoked worries over the Fede
• (EDITORIAL from Korea JoongAng Daily on Sept. 14)

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  'Squid Game' wins Emmy Award againFollowing the success of K-pop and K-movies, Korean drama has set a new record in the history of Emmy Award. Actor Lee Jung-jae and director Hwang Dong-hyuk of the Netflix's dystopian hit series "Sq
• (EDITORIAL from Korea Times on Sept. 14)

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  Growing nuclear threats: North Korea makes preemptive nuclear strike possibleNorth Korea has expanded the possible use of nuclear weapons from deterrence to a preemptive nuclear strike. It has also declared its determination not to give up its nuclea
• (EDITORIAL from Korea Herald on Sept. 14)

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  Privacy of phone calls: Bill to ban recording of phone calls triggers disputes about privacy, whistleblowingA number of South Koreans opt for smartphones made by Samsung Electronics, rather than those by its US rival Apple for mainly two killer apps.
• Top headlines in major S. Korean newspapers

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  SEOUL, Sept. 14 (Yonhap) -- The following are the top in major South Korean newspapers on Sept. 14.Korean-language dailies-- 'Squid Game' wins best drama series actor, director at Emmys (Kyunghyang Shinmun)-- 8 Air Force officers, others ind
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  BOK policymakers worried about entrenched high inflation in hiking rate in Aug.: minutes

  SEOUL, Sept. 13 (Yonhap) -- Monetary policymakers of the Bank of Korea (BOK) voiced concerns over the possibility of high inflation getting entrenched when they voted to raise the central bank's policy rate last month, minutes of the latest rate-
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  S. Korea, U.S. to hold working-level talks on EV tax credits

  SEOUL, Sept. 13 (Yonhap) -- South Korea and the United States will hold working-level talks this week on ways to minimize impacts the U.S.' Inflation Reduction Act (IRA) would have on South Korean electric vehicles over its discriminatory tax inc
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  (LEAD) S. Korea seeks to enforce tighter fiscal rules immediately upon enactment

  (ATTN: ADDS more details throughout; RECASTS headline, lead to highlight push for immediate implementation)SEOUL, Sept. 13 (Yonhap) -- South Korea's finance ministry said Tuesday it will push to enforce tighter fiscal rules immediately upon their
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  Card issuers' combined net profit up 8.7 pct amid improving consumer sentiment

  SEOUL, Sept. 13 (Yonhap) -- Credit card companies in South Korea saw their combined net profit grow 8.7 percent in the first half of this year amid rebounding consumption from the coronavirus pandemic, data showed Tuesday.The country's eight cred
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  POSCO restarts all typhoon-hit blast furnaces in Pohang

  SEOUL, Sept. 13 (Yonhap) -- South Korean steel giant POSCO said Tuesday that its three blast furnaces are back in operation, about a week after the shutdown of the facilities over Typhoon Hinnamnor.POSCO halted the three blast furnaces at its main st
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  (LEAD) Exports down, trade deficit widens during first 10 days of Sept.

  (ATTN: ADDS more details in paras 4-5, 8-16; RECASTS headline, lead to highlight trade deficit)SEOUL, Sept. 13 (Yonhap) -- South Korea's exports fell 16.6 percent on-year in the first 10 days of September due mainly to fewer working days over the
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  S. Korea seeks to introduce tighter rules to improve fiscal health

  SEOUL, Sept. 13 (Yonhap) -- South Korea's finance ministry said Tuesday it will push to introduce fiscal rules that would mandate a sharp drop in the deficit in case the national debt exceeds 60 percent of gross domestic product (GDP).The move ca
• ECB's hike, Powell's remarks within expectations but volatility likely to mount amid global tightening: BOK

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  SEOUL, Sept. 13 (Yonhap) -- The recent rate hike decision by the European Central Bank (ECB) and the U.S. Federal Reserve chair's remarks on monetary policy were in line with expectations but worries over aggressive monetary tightening in major c
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  Exports down 16.6 pct during first 10 days of September

  SEOUL, Sept. 13 (Yonhap) -- South Korea's exports fell 16.6 percent on-year in the first 10 days of September due mainly to fewer working days over the Chuseok holiday, data showed Tuesday.The country's outbound shipments stood at US$16.25 bi
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  Participation in U.S.-led tech alliance 'rational' decision for S. Korea: think tank

  SEOUL, Sept. 13 (Yonhap) -- South Korea's participation in an envisioned tech alliance led by the United States would be a "rational" decision for the country amid the intensifying competition for global technology hegemony between Wa