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(2nd LD) LG Energy Solution expects steep decline in Q2 profit amid global supply disruptions

(ATTN: ADDS more details in paras 5-7)SEOUL, July 7 (Yonhap) -- South Korean battery maker LG Energy Solution Ltd. said Thursday it expects its second-quarter operating profit to shrink sharply from a year earlier due to global supply disruptions and
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Yoon calls for waking up from 'fiscal universalism'

By Lee Haye-ahSEOUL, July 7 (Yonhap) -- President Yoon Suk-yeol sounded the alarm on the country's fiscal health on Thursday, saying people should wake up from the "fantasy" that increasing government spending will automatically impro
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(LEAD) LG Energy Solution expects steep decline in Q2 profit amid global supply disruptions

(ATTN: ADDS more details throughout; CHANGES headline, lead)SEOUL, July 7 (Yonhap) -- South Korean battery maker LG Energy Solution Ltd. said Thursday it expects its second-quarter operating profit to shrink sharply from a year earlier due to global
Incheon Int'l Airport likely to see ninefold increase in summer vacation travelers: officials

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YEONGJONG ISLAND, South Korea, July 7 (Yonhap) -- Incheon International Airport, the main gateway to South Korea, is likely to see a ninefold increase in air travelers in the upcoming peak summer vacation season, compared with last year, airport offi
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(2nd LD) LG Electronics estimates Q2 operating earnings down 12 pct on weaker demand

(ATTN: ADDS photo, details in paras 7-10, 16; TRIMS)By Woo Jae-yeonSEOUL, July 7 (Yonhap) -- LG Electronics Inc. on Thursday estimated its second-quarter operating profit decreased 12 percent year-over-year on weaker demand for TV and home appliances
LG Energy Solution Q2 operating earnings down 73 pct. to 195.6 bln won

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SEOUL, July 7 (Yonhap) -- LG Energy Solution Ltd. on Thursday estimated its second-quarter operating earnings at 195.6 billion won (US$150.5 million), down 73 percent from a year earlier.Revenue decreased 1.2 percent to 5.07 trillion won. The data fo
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(LEAD) S. Korea eyes belt-tightening policy to improve fiscal health

(ATTN: RECASTS paras 2-5 to highlight details of fiscal policy plan; ADDS more details throughout) By Kim Soo-yeonSEJONG, July 7 (Yonhap) -- South Korea said Thursday it plans to implement a belt-tightening policy in a shift from years of an expansio
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Listed firms urged to prepare for ESG disclosures

SEOUL, July 7 (Yonhap) -- South Korea's bourse operator said Thursday that it will provide guidelines that meet global standards for listed firms' disclosures for their environment, social and governance (ESG) management. The Korea Exchange (
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(LEAD) LG Electronics estimates Q2 operating earnings down 12 pct on weaker demand

(ATTN: REWRITES throughout; ADDS photo)SEOUL, July 7 (Yonhap) -- LG Electronics Inc. on Thursday estimated its second-quarter operating profit decreased 12 percent year-over-year on weaker demand for home appliances amid rising inflation and raw mate
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S. Korea eyes belt-tightening policy to improve fiscal health

By Kim Soo-yeonSEJONG, July 7 (Yonhap) -- South Korea said Thursday it plans to implement a belt-tightening policy in a shift from years of an expansionary fiscal policy stance in an effort to improve fiscal health impaired by the growing national de
LG Electronics Q2 operating earnings down 12 pct. to 791.7 bln won

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SEOUL, July 7 (Yonhap) -- LG Electronics Inc. on Thursday estimated its second-quarter operating earnings at 791.7 billion won (US$610.5 million), down 12 percent from a year earlier.Revenue increased 15 percent to 19.47 trillion won. The data for ne
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Korea Shipbuilding wins 2.87 tln-won order for 10 LNG carriers

SEOUL, July 7 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has clinched a combined 2.87 trillion-won (US$2.2 billion) order to build 10 liquefied natural gas (LNG) carriers for European and Oceanian shippers, near
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Korea Exchange to review Kyobo Life's IPO bid

SEOUL, July 7 (Yonhap) -- Kyobo Life Insurance Co. on Thursday said the country's bourse operator will begin a preliminary assessment of its initial public offering (IPO).The Korea Exchange (KRX) has said it will launch a panel to review the IPO
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Economic recovery momentum constrained by external uncertainty: KDI

By Kim Soo-yeonSEJONG, July 7 (Yonhap) -- South Korea's economic recovery momentum has been losing steam in the face of deteriorating external conditions, such as Russia's war with Ukraine and monetary tightening modes in major economies, a s
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POSCO International breaks ground for EV parts plant in Mexico

SEOUL, July 7 (Yonhap) -- POSCO International Corp., a unit of South Korean steel giant POSCO Holdings Inc., said Thursday it has begun the construction of an electric vehicle (EV) parts plant in Mexico as it pushes to expand its EV-related business.
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Shipper HMM gets ISO certification for workplace health, safety

SEOUL, July 7 (Yonhap) -- HMM Co., South Korea's leading container shipper, said Thursday it has obtained a global certification for its efforts to promote workplace safety and workers' health.HMM said it has secured the top certification for
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(LEAD) S. Korea logs current account surplus in May, turnaround from April deficit

(ATTN: ADDS BOK official's comments, cumulative figure in paras 8-11, photo)SEOUL, July 7 (Yonhap) -- South Korea posted a current account surplus in May, turning around from the previous month's deficit, but its surplus was still much smalle
S. Korea logs current account surplus in May, turnaround from April deficit

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SEOUL, July 7 (Yonhap) -- South Korea posted a current account surplus in May, turning around from the previous month's deficit, but its surplus was still much smaller than a year earlier as import bills remained high amid soaring energy and comm
(URGENT) S. Korea logs current account surplus of US$3.86 bln in May, turnaround from April's deficit

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(LEAD) LG Energy Solution to supply EV batteries to Isuzu: report

(ATTN: ADDS more in last 2 paras) SEOUL, July 6 (Yonhap) -- LG Energy Solution Ltd. (LGES) will supply its electric vehicle batteries to Japanese commercial vehicle maker Isuzu Motors Ltd. in a deal likely amounting to at least 1 trillion won (US$762