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  S. Korean icebreaker begins 13th Arctic mission

  SEOUL, July 4 (Yonhap) -- South Korea's sole icebreaker kicked off its 13th Arctic mission Monday to conduct research on clues about climate change in the North Pole, a local polar research institute said.The Araon left the western port of Incheo
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  (LEAD) Seoul-Tokyo summit needed to restore ties, resolve pending issues: biz leaders

  (ATTN: ADDS photos, dropped letter in para 9)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 to address pending bilateral issues
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  Yoon instructs aides to follow up on economic talks in Spain

  By Lee Haye-ahSEOUL, July 4 (Yonhap) -- President Yoon Suk-yeol instructed aides Monday to follow up on economic discussions he had with world leaders in Spain last week, including potential exports of nuclear power plants and weapons, saying South K
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  (3rd LD) Preemptive measures in store to tackle risks from rising rates: chief policymakers

  (ATTN: ADDS FSS chief's remarks in paras 14-15)SEOUL, July 4 (Yonhap) -- South Korea's finance minister, the central bank chief and financial regulators said Monday they will step up policy coordination to minimize fallout from rising interes
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  (2nd LD) Preemptive measures in store to tackle risks from rising rates: chief policymakers

  (ATTN: UPDATES with more details in paras 11, 12, 15-18; ADDS photo)SEOUL, July 4 (Yonhap) -- South Korea's finance minister, the central bank chief and financial regulators said Monday they will step up policy coordination to minimize fallout fr
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  S. Korea's power demand hits new high in June amid hot weather

  SEOUL, July 4 (Yonhap) -- South Korea's electricity demand touched a fresh all-time high in June as the country was struck by an early heat wave, data showed Monday.The country's maximum power demand averaged 71,805 megawatts (MW) last month,
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  (LEAD) Preemptive measures in store to tackle risks from rising rates: chief policymakers

  (ATTN: UPDATES with more details from para 6; ADDS photo)SEOUL, July 4 (Yonhap) -- South Korea's finance minister, the central bank chief and financial regulators said Monday they will step up policy coordination to minimize fallout from rising i
• Seoul-Tokyo summit needed to restore ties, resolve pending issues: biz leaders

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  By Kim Seung-yeon SEOUL, July 4 (Yonhap) -- Business leaders of South Korea and Japan on Monday called for the leaders of the two countries to hold a summit at an early date to address pending bilateral issues and help restore economic ties. The join
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  Preemptive measures in store to tackle risks from rising rates: chief policymakers

  SEOUL, July 4 (Yonhap) -- South Korea's finance minister, the central bank chief and financial regulators said Monday they will step up policy coordination to minimize fallout from rising interest rates at home and abroad.In a meeting presided ov
• Top headlines in major S. Korean newspapers

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  SEOUL, July 4 (Yonhap) -- The following are the top in major South Korean newspapers on July 4.Korean-language dailies-- Heating-up summer labor protest amid high inflation, pro-biz policy (Kyunghyang Shinmun)-- Moon-appointed heads of 59 public ins
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  S. Korea to expand trade financing to prop up exports in H2

  SEOUL, July 3 (Yonhap) -- South Korea plans to expand trade financing to bolster the country's exports in the second half, the finance minister said Sunday, amid growing concerns that export growth is likely to weaken amid heightened economic unc
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  Hyundai Motor's labor union votes for strike

  SEOUL, July 3 (Yonhap) -- Unionized workers at Hyundai Motor Co. have voted in favor of a strike, setting the stage for another walkout that may cut the carmaker's vehicle output amid declining sales.The labor union said 71.8 percent of the 40,95
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  5 makers of manhole covers fined for price fixing

  SEOUL, July 3 (Yonhap) -- South Korea's antitrust regulator said Sunday it has decided to impose a combined fine of 2.14 billion won (US$1.64 million) on five producers of manhole covers for colluding to fix prices of industrial products.Segye Ca
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  Hyundai, Kia see 12.7 pct drop in U.S. sales in H1

  SEOUL, July 2 (Yonhap) -- Hyundai Motor Co. and its smaller affiliate Kia Corp. saw their sales in the United States fall 12.7 percent on-year in the first half of the year due to a slowdown and a chip shortage, the companies said Saturday.Hyundai an
• Top headlines in major S. Korean newspapers

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  SEOUL, July 2 (Yonhap) -- The following are the top in major South Korean newspapers on July 2.Korean-language dailies-- H1 trade deficit hits record; pessimism grows for H2 (Kyunghyang Shinmun)-- Worst trade deficit amid commodities, energy shocks
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  Top economic policymakers of S. Korea, U.S. discuss Russian oil price cap

  SEOUL, July 2 (Yonhap) -- The top economic policymakers of South Korea and the United States have discussed a Washington-led proposal to impose a price cap on Russian oil as part of sanctions against Moscow, Seoul's finance ministry said Saturday
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  Financial regulator to take measures to ease volatility in stock markets

  SEOUL, July 1 (Yonhap) -- Financial authorities said Friday they will take a series of measures from next week to ease volatility in stock markets, as the nation's benchmark stock index sank to a 20-month low due to fears of an economic recession
• Kia's June sales rise 1.8 pct amid chip shortage

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  SEOUL, July 1 (Yonhap) -- Kia Corp., South Korea's second-largest automaker, said Friday its sales rose 1.8 percent last month from a year earlier as a global chip shortage affected its vehicle production and sales.Kia sold a total of 258,610 veh
• Hyundai's June sales fall 4.5 pct amid chip shortage

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  SEOUL, July 1 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker, said Friday its sales fell 4.5 percent in June from a year earlier, as a global chip shortage continued to affect its vehicle production and sales.Hyundai Motor sold a t
• GM Korea's June sales fall 0.7 pct amid chip shortage

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  SEOUL, July 1 (Yonhap) -- GM Korea Co., the South Korean unit of General Motors Co., said Friday its sales fell 0.7 percent last month from a year earlier amid a global chip shortage.GM Korea sold 26,688 vehicles in June, down from 26,876 units a yea