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(LEAD) BOK expects 2022 inflation to grow faster than anticipated, hit highest point in 14 years
(ATTN: ADDS BOK chief's comments, CHANGES photo)SEOUL, June 21 (Yonhap) -- South Korea's central bank said Tuesday it expected inflation to grow at a faster pace than previously anticipated and possibly hit the highest level in 14 years for t
S. Korea prepares to launch homegrown space rocket after failed attempt last year
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SEOUL, June 21 (Yonhap) -- South Korea was preparing Tuesday to launch its homegrown space rocket Nuri in the second attempt to put satellites into orbit, a critical mission for the country's space program.The 200-ton Nuri is set to blast off fro
(URGENT) BOK chief predicts economy still able to exceed potential growth rate of 2 pct for this year
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(URGENT) BOK chief voices concerns over many upward risks for inflation
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(URGENT) BOK chief says priority should be placed on price stability in managing monetary policy
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Hanwha Solutions to supply hydrogen tanks to Shell in U.S.
SEOUL, June 21 (Yonhap) -- Hanwha Solutions Corp., a chemical and energy unit of South Korean conglomerate Hanwha Group, said Tuesday it has won a deal to provide hydrogen tanks to global energy firm Shell PLC in the United States. Hanwha Cimarron, i
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(LEAD) Exports down 3.4 pct during first 20 days of June
(ATTN: ADDS more details in last 10 paras)SEOUL, June 21 (Yonhap) -- South Korea's exports fell 3.4 percent in the first 20 days of June from a year earlier due mainly to fewer working days, and its trade deficit widened on higher global energy c
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Exports down 3.4 pct during first 20 days of June
SEOUL, June 21 (Yonhap) -- South Korea's exports fell 3.4 percent in the first 20 days of June from a year earlier due mainly to fewer working days, and its trade deficit widened on higher global energy costs, customs data showed Tuesday.The coun
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S. Korea to extend rental-related loans for tenants, tax incentives for landlords
SEOUL, June 21 (Yonhap) -- The government on Tuesday vowed to relax regulations on loans for "jeonse" home rentals and to raise tax deduction rates for monthly rental contractors in a move to help ease financial burdens on tenants and sta
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BOK expects 2022 inflation to grow faster than anticipated, hit highest in 14 years
SEOUL, June 21 (Yonhap) -- South Korea's central bank said Tuesday it expected inflation to grow at a faster pace than previously anticipated and possibly hit the highest level in 14 years for this year as price pressures are mounting from rising
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(LEAD) Lexus Korea to launch 1st dedicated all-electric model next year
(ATTN: UPDATES with details in paras 10-11)JEJU, South Korea, June 20 (Yonhap) -- Lexus Korea said Monday it will launch its first dedicated pure electric model 'RZ 450e' next year as part of its plan to go all-electric by 2035. Lexus plans t
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Lexus Korea to launch 1st dedicated all-electric model next year
JEJU, South Korea, June 20 (Yonhap) -- Lexus Korea said Monday it will launch its first dedicated pure electric model 'RZ 450e' next year as part of its plan to go all-electric by 2035. Lexus plans to introduce the RZ 450e large-sized SUV equ
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(2nd LD) S. Korean space rocket positioned at launch pad ahead of 2nd launch
(ATTN: UPDATES with latest details in first 2 paras; TRIMS)SEOUL, June 20 (Yonhap) -- South Korea on Monday completed the preparatory work for the launch of its homegrown space rocket Nuri, a day before its second attempt to send multiple satellites
Yonhap News Summary
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The following is the second summary of major stories moved by Yonhap News Agency on Monday.-----------------Yoon's office reviewing Japan's proposal for four-way summit with Australia, NZSEOUL -- The presidential office is reviewing Japan'
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(LEAD) S. Korean space rocket positioned at launch pad ahead of 2nd launch
(ATTN: ADDS more info in paras 2-6; ADDS photo)SEOUL, June 20 (Yonhap) -- South Korea on Monday positioned its homegrown space rocket Nuri on the launch pad at Naro Space Center, a day before its second attempt to send multiple satellites into orbit.
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Yoon calls for measures to protect vulnerable groups from interest rate hikes
SEOUL, June 20 (Yonhap) -- President Yoon Suk-yeol instructed officials Monday to come up with measures to protect vulnerable groups from rising interest rates worldwide.Yoon gave the directive during a weekly meeting with his senior secretaries, app
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18 public firms earn low grade in management evaluation in 2021
SEOUL, June 20 (Yonhap) -- Eighteen out of 130 South Korean public companies and state-run agencies earned low grades in the government's annual management assessment for 2021, the finance ministry said Monday.A total of three companies earned Gr
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Lotte Chemical considering building electrolyte solvent factory with Sasol
SEOUL, June 20 (Yonhap) -- Lotte Chemical Corp. said Monday it is pushing to build an electrolyte solvent factory overseas with a U.S.-based chemical company as it seeks to bolster its battery components business. It signed an agreement with Sasol Ch
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SPC Group forms joint venture with Malaysia's Berjaya Food
SEOUL, June 20 (Yonhap) -- South Korean food and beverage giant SPC Group said Monday it has set up a joint venture with Malaysia's Berjaya Food Bhd. in a move to expand its presence in the global halal food market.The 50:50 joint venture, named
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(LEAD) Gov't postpones decision on Q3 electricity rates amid high inflation
(ATTN: ADDS more background info, finance chief's comments in paras 7-12, 18)SEOUL, June 20 (Yonhap) -- South Korea has postponed its decision on the possible adjustment of electricity fees for the third quarter, the state-run Korea Electric Powe
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