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(3rd LD) S. Korea ordered to pay Lone Star US$216.5 mln in investor-state suit

(ATTN: RECASTS headline, 4th para)By Kim Han-joo SEOUL, Aug. 31 (Yonhap) -- An international tribunal ordered South Korea to pay the U.S. private equity firm Lone Star Funds US$216.5 million plus interest, officials said Wednesday, bringing an end to
S. Korea's trade terms down for 16th month in July

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SEOUL, Aug. 31 (Yonhap) -- South Korea's terms of trade sank for 16 months in a row in July as import costs rose faster than export prices, central bank data showed Wednesday.The nation's net terms-of-trade index for goods -- a gauge of overa
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(2nd LD) S. Korea suffers fall in production, consumption, investment in July

(ATTN: UPDATES with more details in paras 9, 11)By Kim Soo-yeonSEOUL, Aug. 31 (Yonhap) -- South Korea's industrial output, retail sales and investment declined together for the first time in three months in July amid heightened external uncertain
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(2nd LD) S. Korea ordered to pay Lone Star US$216.5 mln in investor-state suit

(ATTN: UPDATES with more info in 5th para)By Kim Han-joo SEOUL, Aug. 31 (Yonhap) -- An international tribunal ordered South Korea to pay the U.S. private equity firm Lone Star Funds US$216.5 million, officials said Wednesday, bringing an end to a dec
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Over 200 firms showcase latest tech at hydrogen conference

By Kim Seung-yeon SEOUL, Aug. 31 (Yonhap) -- More than 200 auto and energy companies from here and abroad gathered at an international hydrogen show in South Korea on Wednesday, putting on display their latest technologies and visions on hydrogen, wh
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(LEAD) S. Korea ordered to pay Lone Star US$216.5 mln in investor-state suit

(ATTN: UPDATES throughout with more information)By Kim Han-joo SEOUL, Aug. 31 (Yonhap) -- An international tribunal ordered South Korea to pay the U.S. private equity firm Lone Star Funds US$216.5 million, officials said Wednesday, bringing an end to
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S. Korea ordered to pay Lone Star US$216.5 mln in investor-state suit

By Kim Han-joo SEOUL, Aug. 31 (Yonhap) -- An international tribunal ordered South Korea to pay the U.S. private equity firm Lone Star Funds US$216.5 million, bringing an end to a decadelong legal battle over the firm's claims it suffered massive
(URGENT) S. Korea ordered to pay Lone Star 292.5 billion won in investor-state suit

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(LEAD) S. Korea suffers fall in production, consumption, investment in July

(ATTN: UPDATES with more details throughout; ADDS photo)By Kim Soo-yeonSEOUL, Aug. 31 (Yonhap) -- South Korea's industrial output, retail sales and investment declined together for the first time in three months in July amid heightened external u
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Number of startups drops 4.7 pct in H1

SEOUL, Aug. 31 (Yonhap) -- The number of startups in South Korea fell nearly 5 percent in the first half of the year due mainly to a plunge in new real estate businesses, government data showed Wednesday.A total of 696,000 new companies were set up i
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S. Korea suffers fall in production, consumption, investment in July

By Kim Soo-yeonSEOUL, Aug. 31 (Yonhap) -- South Korea's industrial output, retail sales and investment declined in July in the latest sign that Asia's fourth-largest economy is losing steam amid heightened external uncertainty, data showed We
(URGENT) Industrial output falls 0.1 pct on-month in July; retail sales down 0.3 pct

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U.S., S. Korea agree to continue discussions on Inflation Reduction Act: USTR

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By Byun Duk-kunWASHINGTON, Aug. 30 (Yonhap) -- The United States and South Korea agreed to continue their discussions on Seoul's concerns over the Inflation Reduction Act, the office of the U.S. Trade Representative (USTR) said Tuesday.The agreem
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BOK to sell 8.8 tln won worth of monetary stabilization bonds next month

SEOUL, Aug. 30 (Yonhap) -- South Korea's central bank said Tuesday it will sell 8.8 trillion won (US$6.5 billion) worth of monetary stabilization bonds (MSBs) in September. The amount is down 1.5 trillion won from its monthly MSB sale plan for th
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Processed food consumption up 18.4 pct throughout pandemic: RDA

SEOUL, Aug. 30 (Yonhap) -- South Korea's expenditure on processed food consumption grew approximately 18 percent during the course of the COVID-19 pandemic, a public institution survey analysis showed Tuesday. According to the state-run Rural Dev
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(LEAD) Parliamentary committee adopts resolution calling for improvement of U.S. inflation reduction act

(ATTN: UPDATES with resolution adoption by parliamentary industry committee in last 2 paras) SEOUL, Aug. 30 (Yonhap) -- South Korea's parliamentary foreign affairs committee on Tuesday passed a resolution to express concerns over the U.S. Inflati
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S. Korea calls for 'consultative mechanism' with U.S. on inflation law

SEOUL, Aug. 30 (Yonhap) -- South Korea's trade minister called Tuesday for the United States to launch a bilateral consultative mechanism to address the adverse effects of a U.S. law that will exclude South Korean electric vehicles from tax credi
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S. Korea to expand nuclear power generation to about 33 pct of total by 2030

SEOUL, Aug. 30 (Yonhap) -- South Korea seeks to expand its generation of nuclear power to nearly 33 percent of its total energy creation by 2030 in a move to boost energy security and to better meet net-zero goals, the industry ministry said Tuesday.
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Parliamentary committee adopts resolution calling for improvement of U.S. inflation reduction act

SEOUL, Aug. 30 (Yonhap) -- South Korea's parliamentary foreign affairs committee on Tuesday passed a resolution to express concerns over the U.S. Inflation Reduction Act (IRA) that excludes electric vehicles (EVs) assembled outside North America
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Construction orders rose in 2021 for 3rd year amid economic recovery

SEJONG, Aug. 30 (Yonhap) -- Construction orders clinched by South Korean builders rose for the third straight year in 2021 as the global economy recovered from the fallout of the pandemic, data showed Tuesday.Local builders secured a combined 315 tri