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Yoon promotes S. Korean businesses, K-food at Hanoi trade fair

By Lee Haye-ahHANOI, June 22 (Yonhap) -- President Yoon Suk Yeol on Thursday visited a Hanoi trade fair promoting South Korean businesses and helping entrepreneurs of the two countries make inroads into each other's markets.The Korea-Vietnam Part
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S. Korean firms seek up to US$100 mln in business deals in Vietnam

SEOUL, June 22 (Yonhap) -- South Korean companies have discussed various potential business deals with a combined value of up to US$100 million with Vietnamese counterparts during an export event in Hanoi on Thursday, the industry ministry said.The S
Sambu Construction to raise 25 bln won via stock sale

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SEOUL, June 22 (Yonhap) -- Sambu Construction Co.on Thursday announced that it will sell stock to raise 25 billion won (US$19.3 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory
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S. Korea to sell 14 tln won worth of Treasurys in July

SEOUL, June 22 (Yonhap) -- South Korea plans to sell 14 trillion won (US$10.8 billion) in state bonds next month, the finance ministry said Thursday.The country will issue 1.7 trillion won in Treasurys with a maturity of two years and another 2.5 tri
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S. Korea to invest 145 tln won in climate tech industry by 2030

SEOUL, June 22 (Yonhap) -- South Korea will invest 145 trillion won (US$112.38 billion) in nurturing the climate technology industry by 2030 and extend various supportive measures to achieve 100 trillion-won worth of exports in the sector, the indust
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Five Guys to open 1st store in South Korea next week

By Kim Na-youngSEOUL, June 22 (Yonhap) -- South Korea's first Five Guys burger restaurant will open in Gangnam, southern Seoul, next week, its operator said Thursday. The two-story store with about 150 seats will open in the bustling commercial d
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(LEAD) Hyundai signs MOU with Japanese culture content firm for EV sales

(ATTN: ADDS new photo)SEOUL, June 22 (Yonhap) -- South Korea's Hyundai Motor Co. said Thursday it has signed an initial pact with a Japanese culture content company to promote sales of zero-emission vehicles in the neighboring country.Hyundai Mot
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S. Korea to open probe into aerogel imports for possible patent breaches

SEOUL, June 22 (Yonhap) -- South Korea decided to launch an investigation into whether imports of aerogel items by a domestic company violate the patents of an American aerogel firm, the industry ministry said Thursday.The move came two months after
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Number of households moving to rural areas falls over 10 pct in 2022: data

SEOUL, June 22 (Yonhap) -- The number of households that moved from urban areas to farming and fishing villages logged a marked decrease in 2022 following two years of on-year growth amid the COVID-19 pandemic, data showed Thursday.The number of hous
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Hyundai signs MOU with Japanese culture content firm for EV sales

SEOUL, June 22 (Yonhap) -- South Korea's Hyundai Motor Co. said Thursday it has signed an initial pact with a Japanese culture content company to promote sales of zero-emission vehicles in the neighboring country.Hyundai Motor signed a memorandum
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S. Korea logs record current account surplus with U.S. in 2022

SEOUL, June 22 (Yonhap) -- South Korea posted a record current account surplus with the United States last year on brisk demand for autos and increased dividend income, but it suffered its first current account deficit with China last year in two dec
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S. Korea-led consortium wins Oman green hydrogen deal

SEJONG, June 22 (Yonhap) -- An international consortium led by South Korea's top steel maker POSCO Holdings Inc. has won a project to develop and build a large-scale green hydrogen plant in Oman, POSCO Holdings said Thursday.The deal, signed betw
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Jeju Air begins services on Incheon-Oita route

SEOUL, June 22 (Yonhap) -- Jeju Air Co. said Thursday it has started services on the Incheon-Oita route as it moves to absorb rapidly recovering air travel demand amid a nationwide move to return to pre-pandemic normalcy.Jeju Air, South Korea's b
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Renault Korea in talks to manufacture EVs at Busan plant

SEOUL, June 22 (Yonhap) -- Renault Korea Motors, the South Korean unit of Renault S.A., said Thursday it is in talks with the South Korean government to manufacture electric vehicles (EVs) at its sole Busan plant amid carmakers' accelerating elec
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SK to fund project to erect memorial honoring two late U.S. war veterans

By Kim Seung-yeon SEOUL, June 22 (Yonhap) -- SK Group said Thursday it is funding a project to erect a memorial honoring two late U.S. veterans who fought in the 1950-1953 Korean War, as the allies celebrate the 70th anniversary of the two countries&
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(LEAD) Biz leaders of S. Korea, France discuss energy, tech cooperation in Paris

(ATTN: UPDATES photos; CORRECTS last para to remove Ukraine from expo host candidates) By Kim Seung-yeonSEOUL, June 22 (Yonhap) -- Business leaders of South Korea and France have discussed efforts to deepen industrial cooperation, with a focus on ene
(EDITORIAL from Korea JoongAng Daily on June 22)

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Science prevails over wild rumorsThe government on Wednesday released the results of its assessment of environmental effects from the Terminal High Altitude Area Defense (Thaad) system deployed in Seongju County, North Gyeongsang. The Korea Radio Pro
(EDITORIAL from Korea Times on June 22)

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Global Pivotal StateKorea needs to modernize its national security strategyOne of the traits of a pre-modern society is the importance of titles. In a status-driven society, titles symbolize privileges, wealth, power and respect. In the pre-modern er
(EDITORIAL from Korea Herald on June 22)

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Sluggish competitivenessDrop in Korea's global ranking reveals issues plaguing government efficiencyThe annual report on world competitiveness ranking issued by the International Institute for Management Development, or IMD, tends to draw keen at
Top headlines in major S. Korean newspapers

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SEOUL, June 22 (Yonhap) -- The following are the top in major South Korean newspapers on June 22.Korean-language dailies-- S. Korea completes environmental assessment of U.S. THAAD missile defense base (Kyunghyang Shinmun)-- 4 major firms struggling