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Renault Korea's June sales fall 15 pct on chip shortage

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SEOUL, July 1 (Yonhap) -- Renault Korea Motors, the South Korean unit of Renault S.A., said Friday its vehicle sales fell 15 percent last month from a year earlier amid the ongoing chip shortage.Renault Korea sold 12,011 vehicles in June, down from 1
SsangYong's June sales fall 5.8 pct amid chip shortage

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SEOUL, July 1 (Yonhap) -- SsangYong Motor Co. said Friday its sales fell 5.8 percent last month from a year earlier amid the ongoing chip shortage. SsangYong Motor sold 7,979 vehicles in June, down from 8,474 units a year earlier, the company said in
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S. Korea faces 199 import curbs amid protectionism

SEOUL, July 1 (Yonhap) -- South Korea had faced a total of 199 import restrictions from 26 trading partners as of end-June amid continued protectionism, the trade ministry said Friday.Those restrictions include anti-dumping duties, countervailing tar
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Korea Shipbuilding bags 182.1 bln-won order for 1 LPG carrier

SEOUL, July 1 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Friday it has clinched a 182.1 billion-won (US140 million) order from an Oceanian shipping company to build one liquefied petroleum gas (LPG) carrier.Hyundai Mipo Doc
Yonhap News Summary

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The following is the first summary of major stories moved by Yonhap News Agency on Friday.-----------------(2nd LD) Exports up 5.4 pct in June; trade deficit hits record high in H1SEOUL -- South Korea's exports rose 5.4 percent on-year in June to
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(2nd LD) Exports up 5.4 pct in June; trade deficit hits record high in H1

(ATTN: ADDS more info, industry chief's comments in paras 11-19, 22-23, additional photo)By Oh Seok-minSEOUL, July 1 (Yonhap) -- South Korea's exports rose 5.4 percent on-year in June to US$57.73 billion on solid demand for chips and petroleu
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Online shopping expands in May on lifting of virus curbs

SEOUL, July 1 (Yonhap) -- Online shopping in South Korea continued to increase in May as the lifting of virus curbs bolstered demand for travel and cultural services and foodstuffs, data showed Friday.The value of online shopping transactions stood a
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S. Korea seeks nuclear power sales in Poland

SEOUL, July 1 (Yonhap) -- South Korea's Industry Minister Lee Chang-yang has called for deeper bilateral cooperation in the nuclear power generation field with Poland, as Seoul seeks to participate in the European nation's new reactor constru
(LEAD) S. Korea to review measures to prop up exports in H2

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(ATTN: UPDATES with more details in paras 4-7)SEOUL, July 1 (Yonhap) -- South Korea plans to review a set of measures to help bolster the country's exports in the second half, a senior government official said Friday, amid concerns that exports g
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S. Korea to review measures to prop up exports in H2

SEOUL, July 1 (Yonhap) -- South Korea plans to review a set of measures to help bolster the country's exports in the second half, a senior government official said Friday, amid concerns that exports growth is likely to slow down due to heightened
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(LEAD) Exports up 5.4 pct in June; trade deficit hits record high in H1

(ATTN: ADDS more details throughout; RECASTS headline to highlight trade deficit info)By Oh Seok-minSEOUL, July 1 (Yonhap) -- South Korea's exports rose 5.4 percent on-year in June on solid demand for chips and petroleum products, but the country
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Exports up 5.4 pct in June; trade deficit hits record high in H1

SEOUL, July 1 (Yonhap) -- South Korea's exports rose 5.4 percent on-year in June on solid demand for chips and petroleum products, but the country suffered a trade deficit due to high global energy prices, data showed Friday.Outbound shipments st
(URGENT) S. Korea's H1 trade deficit hits record high of US$10.3 bln

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(END)
(URGENT) S. Korea's exports rise 5.4 pct on-year to US$57.73 bln in June

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(END)
(EDITORIAL from Korea JoongAng Daily on July 1)

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Tough diplomatic challenges aheadPresident Yoon Suk-yeol returns home today after attending the NATO Summit in Madrid, Spain. The summit showed a dramatic realignment of the international order between democratic countries led by the United States an
(EDITORIAL from Korea Times on July 1)

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SsangYong's restartTroubled automaker should enter EV businessA local bankruptcy court approved SsangYong Motor's decision to select a consortium led by KG Group as the final bidder for the debt-stricken automaker on Tuesday. The approval cam
(EDITORIAL from Korea Herald on July 1)

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Pain-sharingDeputy PM requests large companies' restraint on excessive wage hikes amid high inflationDeputy Prime Minister and Finance Minister Choo Kyung-ho has requested large companies refrain from raising wages excessively.Choo said in a brea
Top headlines in major S. Korean newspapers

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SEOUL, July 1 (Yonhap) -- The following are the top in major South Korean newspapers on July 1.Korean-language dailies-- Minimum wage for next year set at under 10,000 won (Kyunghyang Shinmun)-- Yoon stresses importance of S. Korea-U.S.-Japan cooper
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(LEAD) Apple to allow external app payment options in S. Korea in compliance with local law

(ATTN: ADDS more info in para 3)SEOUL, June 30 (Yonhap) -- Apple Inc. said Thursday it will allow alternative payment options for apps sold in South Korea in compliance with a law that bans app store operators from forcing their own in-app payment sy
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Hyundai to create new American affiliate after US$10.5 bln investment pledge

SEOUL, June 30 (Yonhap) -- Hyundai Motor Group said Thursday it is setting up a new investment affiliate in the United States, in a follow-up to its pledge to invest US$10.5 billion in the world's largest economy. The new affiliate, tentatively n