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Exports of agro-fisheries products jump 14.6 pct in H1
SEJONG, July 5 (Yonhap) -- South Korea's exports of farm and fisheries products grew 14.6 percent in the first half of this year on solid demand for Korean food, data showed Tuesday.Outbound shipments of agricultural and fisheries goods came to U
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S. Korea to expand nuclear power generation to 30 pct of total by 2030
SEJONG, July 5 (Yonhap) -- South Korea will expand its generation of nuclear power to 30 percent of its total energy creation by 2030 as part of efforts to boost energy security and better meet carbon neutrality goals, the industry ministry said Tues
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S. Korean battery makers to post mixed Q2 results amid higher raw materials costs, auto chip issue
SEOUL, July 5 (Yonhap) -- South Korean battery makers are expected to show mixed quarterly results in the second quarter, with Samsung SDI Co. likely to be the only one with profit growth, as rising raw materials costs and auto chip shortages continu
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(3rd LD) S. Korea's inflation at 24-year high in June; sharp rate hike in offing
(ATTN: ADDS more info in paras 10, 22-23)By Kim Soo-yeonSEOUL, July 5 (Yonhap) -- South Korea's consumer prices rose at the fastest clip in nearly 24 years in June due mainly to soaring energy costs, data showed Tuesday, fanning expectations of a
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Refiners' Q2 earnings predicted to be brisk on widened margins
SEOUL, July 5 (Yonhap) -- Major South Korean oil refiners are estimated to have reaped strong earnings in the second quarter following record profits in the previous quarter, boosted by widened margins and higher oil prices, industry data showed Tues
Imported car sales fall 13 pct in June amid chip shortage
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SEOUL, July 5 (Yonhap) -- Sales of imported vehicles in South Korea fell 13 percent last month from a year earlier as a chip shortage continued to affect vehicle production, an industry association said Tuesday.The number of newly registered foreign
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S. Korea begins transporting country's 1st lunar orbiter to U.S. for Aug. launch
SEOUL, July 5 (Yonhap) -- South Korea on Tuesday started transporting the country's first lunar orbiter to the United States ahead of next month's launch using a SpaceX rocket, officials said.South Korea plans to launch the Korea Pathfinder L
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SsangYong launches all-new Torres SUV in S. Korea
INCHEON, July 5 (Yonhap) -- SsangYong Motor Co. launched the all-new Torres SUV in South Korea on Tuesday, a week after a Seoul court approved a local consortium as final bidder for the debt-laden carmaker. The Torres SUV comes with a 1.5-liter turbo
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(LEAD) Gov't to investigate Eastar Jet for false documents
(ATTN: UPDATES with Eastar's comments in paras 5-7)SEOUL, July 5 (Yonhap) -- South Korea will investigate Eastar Jet Co. to see if there was any violation in the process of the budget carrier having obtained government approval last year for flig
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(2nd LD) S. Korea's inflation at 24-year high in June; sharp rate hike in offing
(ATTN: UPDATES with more details in paras 6, 10-13, 15-20)By Kim Soo-yeonSEOUL, July 5 (Yonhap) -- South Korea's consumer prices rose at the fastest clip in nearly 24 years in June due mainly to soaring energy costs, data showed Tuesday, fanning
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Top 5 biz groups' assets jump 38.2 percent over past decade
SEOUL, July 5 (Yonhap) -- South Korea's top five business groups have seen their assets surge nearly 40 percent over the past decade, a corporate tracker said Tuesday, pointing to their ever-growing clout in Asia's fourth-largest economy.The
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(LEAD) S. Korea's inflation at 24-year high in June; sharp rate hike in offing
(ATTN: RECASTS headline, lead; UPDATES with more details throughout; ADDS photo)By Kim Soo-yeonSEOUL, July 5 (Yonhap) -- South Korea's consumer prices rose at the fastest clip in nearly 24 years in June due mainly to soaring energy costs, data sh
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S. Korea's inflation growth hits nearly 24-year high in June on fuel costs
By Kim Soo-yeonSEOUL, July 5 (Yonhap) -- South Korea's consumer prices rose at the fastest clip in nearly 24 years in June due to high energy and food costs, and a rebound in demand from the pandemic, data showed Tuesday.Consumer prices soared 6
(URGENT) Consumer prices jump 6 pct on-year in June, fastest rise in nearly 24 years
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Foreign reserves dip by most in over 13 years in June amid currency volatility
SEOUL, July 5 (Yonhap) -- South Korea's foreign reserves fell by the largest amount in more than 13 years in June as foreign exchange authorities unloaded the U.S. dollar to help stem the won's sharp weakness, central bank data showed Tuesday
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Gov't to investigate Eastar Jet for false documents
SEOUL, July 5 (Yonhap) -- South Korea will investigate Eastar Jet Co. to see if there was any violation in the process of the budget carrier having obtained government approval last year for flight resumptions, the transport ministry said Tuesday. Th
S&P estimates S. Korea's inflation at 5 pct for 2022
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SEOUL, July 4 (Yonhap) -- Global credit appraiser S&P Global Ratings said Monday South Korea's annual inflation is expected to hit 5 percent this year due to higher energy and commodity prices.In its latest report, S&P said the inflation in the A
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(2nd LD) Seoul-Tokyo summit needed to restore ties, resolve pending issues: biz leaders
(ATTN: UPDATES with joint statement adopted after meeting in paras 10-14; TRIMS)By Kim Seung-yeonSEOUL, July 4 (Yonhap) -- Business leaders of South Korea and Japan called Monday for the leaders of the two countries to hold a summit at an early date
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SK E&S eyes Europe expansion with LNG biz amid global energy crisis: CEO
By Kim Seung-yeon SEOUL, July 4 (Yonhap) -- SK E&S Co., a South Korean natural gas provider, is planning to open an office in London to push for an expansion in Europe, the world's largest economic bloc, where the energy market is being reshaped
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(profile) Commerce law professor named to lead antitrust regulator
SEOUL, July 4 (Yonhap) -- Song Ok-rial, the nominee for South Korea's new antitrust chief, is an expert well versed in commerce law who is critical of stricter regulations on companies.Song, 53, passed the bar exam in 1990 while he was studying l
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