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(LEAD) Won dips below 1,380 level per dollar for 1st time in more than 13 years

(ATTN: UPDATES with market reaction, background throughout)SEOUL, Sept. 7 (Yonhap) -- The South Korean currency on Wednesday declined below the 1,380-won level against the U.S. dollar for the first time in more than 13 years during intraday trading a
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(Busan Expo Bid) S. Korean biz circles campaign across globe for Busan Expo bid

By Kim Seung-yeon SEOUL, Sept. 7 (Yonhap) -- Major South Korean business enterprises, including Samsung, SK and Hyundai, are stepping up their campaign across the globe for Korea's bid to host the World Expo in the southern port city of Busan in
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(Busan Expo Bid) Yoon steers all-out campaign to host World Expo 2030

By Lee Haye-ahSEOUL, Sept. 7 (Yonhap) -- President Yoon Suk-yeol is steering an all-out campaign to bring the World Expo 2030 to Busan as the government prepares to submit its proposal to the event's top authorities on Wednesday.The proposal is s
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(LEAD) S. Korea's current account surplus plunges as goods balance turns red amid soaring import bills

(ATTN: ADDS details throughout)SEOUL, Sept. 7 (Yonhap) -- South Korea posted a current account surplus for the third straight month in July, but the surplus plunged as the goods balance turned red for the first time in about 10 years due to fast-risi
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(LEAD) U.S. stands ready for talks with S. Korea on EV tax credits: NSC spokesperson

(ATTN: UPDATES with remarks from South Korean trade minister in paras 7-12; ADDS photo)By Byun Duk-kunWASHINGTON, Sept. 6 (Yonhap) -- The United States stands ready to engage in serious consultations with South Korea on concerns over the Inflation Re
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Won dips below 1,380 level per dollar for 1st time in more than 13 years

SEOUL, Sept. 7 (Yonhap) -- The South Korean currency on Wednesday declined below the 1,380-won level against the U.S. dollar for the first time in more than 13 years during intraday trading amid a sharp decline in the country's current account su
(URGENT) S. Korea reports 56 COVID-19 deaths, total at 27,249: KDCA

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Eximbank floats US$2.5 bln in dollar bonds

SEOUL, Sept. 7 (Yonhap) -- The state-run Export-Import Bank of Korea (Eximbank) said Wednesday that it has issued US$2.5 billion worth of dollar bonds to foreign investors.The state lender has sold two-year bonds worth $1 billion, $1 billion in five-
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S. Korea's current account surplus plunges as goods balance turns red amid soaring import bills

SEOUL, Sept. 7 (Yonhap) -- South Korea posted a current account surplus for the third straight month in July, but the surplus plunged as the goods balance turned red for the first time in about 10 years due to fast-rising import costs of energy and o
(URGENT) S. Korea posts current account surplus of US$1.09 bln in July

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U.S. stands ready for talks with S. Korea on EV tax credits: NSC spokesperson

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By Byun Duk-kunWASHINGTON, Sept. 6 (Yonhap) -- The United States stands ready to engage in serious consultations with South Korea on concerns over the Inflation Reduction Act (IRA) that Seoul believes would place South Korean automakers at a serious
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Top diplomats of S. Korea and Laos discuss bilateral ties, cooperation

SEOUL, Sept. 6 (Yonhap) --- South Korean Foreign Minister Park Jin met with his Laotian counterpart Saleumxay Kommasith in Seoul on Tuesday to discuss bilateral relations, including trade and investment, officials here said.Both sides expressed hope
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No problem with S. Korea's foreign currency liquidity: top financial regulator

SEOUL, Sept. 6 (Yonhap) -- There is no problem with South Korea's current foreign liquidity position in the face of mounting volatility in financial markets, including the won's recent plunge, a top financial regulator said Tuesday."As
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SK E&S wins mining rights for carbon storage exploration in Australia

SEOUL, Sept. 6 (Yonhap) -- SK E&S Co., a leading South Korean liquefied natural gas provider, said Tuesday it has won a joint permit with several other global energy companies for the exploration of potential carbon dioxide storage off northwestern A
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Audi to add all-electric compact SUV to S. Korea lineup

SEOUL, Sept. 6 (Yonhap) -- Audi Korea said Tuesday it will add an all-electric compact SUV model to its lineup in South Korea to better compete with its rivals in the burgeoning local EV market and boost sales. Audi will begin to deliver the Q4 e-tro
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S. Korea to log trade deficit for time being: BOK

SEOUL, Sept. 6 (Yonhap) -- South Korea is expected to post a trade deficit for the time being as export growth will likely lose steam as high energy costs could push up import bills amid the global economic slowdown, the central bank said Tuesday.If
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Daewoo Shipbuilding wins 2 tln-won LNG ship order in Africa

SEOUL, Sept. 6 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. said Tuesday it has received a 2 trillion-won (US$1.5 billion) liquefied natural gas (LNG) ship order in Africa. The world's fourth-biggest shipbuilder by order backlog will
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Financial holding firms' H1 net up 7.9 pct on increased interest income

SEOUL, Sept. 6 (Yonhap) -- South Korea's financial holding firms saw their combined net profit jump 7.9 percent in the first half this year primarily due to higher interest income, data showed Tuesday.The combined net profit of KB Financial, Shin
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S. Korea, Netherlands discuss semiconductors, nuclear energy cooperation

SEOUL, Sept. 6 (Yonhap) -- South Korea's Deputy Trade Minister Jeong Dae-jin on Tuesday asked for the Netherlands' active investment in his country in semiconductors and other major sectors, stressing Seoul's push to ease regulations and
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Samsung Heavy wins 1.16 tln-won LNG ship order in Bermuda, Africa

SEOUL, Sept. 6 (Yonhap) -- Samsung Heavy Industries Co., the world's third-biggest shipbuilder by order backlog, said Tuesday it has received a 1.16 trillion-won (US$850 million) liquefied natural gas (LNG) ship order in Bermuda and Africa. Samsu