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(URGENT) Technical glitch occurred during space rocket launch preparation: KARI

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(LEAD) Unexpected launch pad problem discovered during space rocket launch preparation

(ATTN: ADDS more details, photo; RECASTS headline, lead)SEOUL, June 15 (Yonhap) -- Preparations to launch South Korea's homegrown space rocket Nuri were delayed at Naro Space Center on Wednesday due to a technical problem with the launch pad, acc
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Finance minister to meet with heads of BOK, regulators over Fed's looming rate hike

SEOUL, June 15 (Yonhap) -- Finance Minister Choo Kyung-ho plans to meet with the chiefs of the central bank and the financial regulators this week to discuss the impact of the Federal Reserve's looming rate hike, his office said Wednesday.Choo wi
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Korea Shipbuilding wins 617.3 bln-won order for 2 LNG carriers

SEOUL, June 15 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Wednesday it has inked a 617.3 billion-won (US$477 million) contract with an Oceanian shipping company to build two liquefied natural gas (LNG) carriers.Under the de
Money supply up in April as deposits grow amid rising rates

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SEOUL, June 15 (Yonhap) -- South Korea's money supply grew in April as rising interest rates led to an increase in deposits, central bank data showed Wednesday.The country's M2, a key gauge of the money supply, stood at 3,667.1 trillion won (
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(LEAD) Finance minister says stabilizing prices, people's livelihoods top priority

(ATTN: ADDS more info in last 2 paras)SEOUL, June 15 (Yonhap) -- Finance Minister Choo Kyung-ho said Wednesday that the government will use every possible policy measure to stabilize prices and people's livelihoods amid rising concerns of economi
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Finance minister says stabilizing prices, people's livelihoods top priority

SEOUL, June 15 (Yonhap) -- Finance Minister Choo Kyung-ho said Wednesday that the government will use every possible policy measure to stabilize prices and people's livelihoods amid rising concerns of economic slowdown and higher inflation. Choo
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JP Morgan predicts BOK's 'big-step' rate hike amid inflation woes

SEOUL, June 15 (Yonhap) -- Global investment bank JP Morgan on Wednesday forecast that South Korea's central bank could take a "big step" of raising its interest rate by 50 basis points as part of efforts to keep a lid on growing infl
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Auto exports up 19.1 pct in May on solid demand for eco-friendly cars

SEOUL, June 15 (Yonhap) -- South Korea's car exports rose 19.1 percent in May from the previous year on the back of global popularity of eco-friendly cars, data showed Wednesday.Outbound shipments of automobiles stood at 182,869 units last month,
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(LEAD) Court holds hearing to decide on ex-Industry Minister Paik's arrest

(ATTN; UPDATES with ex-minister's quote in 4th para; CHANGES photo)By Kim Han-jooSEOUL, June 15 (Yonhap) -- A Seoul court on Wednesday began a hearing to decide whether to issue an arrest warrant for former Industry Minister Paik Un-gyu over alle
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Court holds hearing to decide on ex-Industry Minister Paik's arrest

By Kim Han-jooSEOUL, June 15 (Yonhap) -- A Seoul court on Wednesday began a hearing to decide whether to issue an arrest warrant for former Industry Minister Paik Un-gyu over allegations that while in office he forced the heads of energy-related stat
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Space rocket Nuri being positioned at launch pad ahead of 2nd launch

SEOUL, June 15 (Yonhap) -- South Korea's first homegrown space rocket Nuri was being positioned at the launch pad at Naro Space Center on Wednesday, a day ahead its second attempt to send multiple satellites into orbit. The Ministry of Science an
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(2nd LD) S. Korea's job growth extended for 15th month in May

(ATTN: ADDS more details in paras 7-10)By Kim Soo-yeonSEOUL, June 15 (Yonhap) -- South Korea reported job additions for the 15th consecutive month in May as economic recovery momentum has been extended despite heightened global uncertainty, data show
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Fitch cuts 2022 growth outlook for S. Korea to 2.4 pct

SEOUL, June 15 (Yonhap) -- Global credit appraiser Fitch Ratings on Wednesday lowered its 2022 growth outlook for the South Korean economy to 2.4 percent, citing the fallout of the protracted war between Russia and Ukraine and China's economic sl
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(LEAD) S. Korea's job growth extended for 15th month in May

(ATTN: UPDATES with more details, photo throughout)By Kim Soo-yeonSEOUL, June 15 (Yonhap) -- South Korea reported job additions for the 15th consecutive month in May as economic recovery momentum has been extended despite heightened global uncertaint
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S. Korea's job growth extended for 15th month in May

By Kim Soo-yeonSEOUL, June 15 (Yonhap) -- South Korea reported job additions for the 15th consecutive month in May as economic recovery momentum has been extended despite heightened global uncertainty, data showed Wednesday.The number of employed peo
(URGENT) 935,000 jobs added on-year in May, marking 15th straight month of job growth

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S. Korea's global competitiveness ranking falls to 27th in 2021: report

SEOUL, June 15 (Yonhap) -- South Korea's global competitiveness ranking fell by four notches this year from the previous year amid the economic slowdown and a continued rise in the national debt, a report showed Wednesday.South Korea ranked 27th
Top headlines in major S. Korean newspapers

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SEOUL, June 15 (Yonhap) -- The following are the top in major South Korean newspapers on June 15.Korean-language dailies-- Truck drivers to return to work after weeklong strike (Kyunghyang Shinmun)-- Truckers decide to end strike after late-night ne
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(2nd LD) Truckers to return to work after weeklong strike

(ATTN: ADDS more info in paras 5-6, photo; UPDATES lead)SEOUL, June 14 (Yonhap) -- Unionized cargo truck drivers on Tuesday have decided to end their walkout that caused nationwide logistic disruptions and delays after reaching an agreement with the