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Ruling party considering enacting law on blockchain platforms to regulate cryptocurrencies

By Joo Kyung-donSEOUL, June 13 (Yonhap) -- The ruling People Power Party (PPP) is considering enacting a law on blockchain-based platforms to better regulate cryptocurrencies and protect investors, the party's chief policymaker said Monday. &quo
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(3rd LD) Truckers' strike continues for 7th day; negotiations with gov't fall through

(ATTN: ADDS more details in paras 3-4, 10-13, photo)SEOUL, June 13 (Yonhap) -- A truckers' walkout continued for the seventh day Monday, deepening logistic disruptions and delays nationwide, as their negotiations with the government for a resolut
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Final preparations under way for 2nd launch of S. Korean space rocket

SEOUL, June 13 (Yonhap) -- South Korea's state-run Korea Aerospace Research Institute (KARI) was carrying out final preparations Monday ahead of this week's second attempt to send multiple satellites into orbit. Nuri, also known as KSLV-II, i
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(2nd LD) Truckers' strike continues for 7th day; negotiations with gov't fall through

(ATTN: ADDS more info in last 2 paras)SEOUL, June 13 (Yonhap) -- A truckers' walkout continued for the seventh day Monday, deepening logistic disruptions and delays nationwide, as their negotiations with the government for a resolution fell throu
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(LEAD) Truckers' strike continues for 7th day; negotiations with gov't fall through

(ATTN: ADDS details of ministry's release, firms' complaints in paras 8, 13-14)SEOUL, June 13 (Yonhap) -- A truckers' walkout continued for the seventh day Monday, deepening logistic disruptions and delays nationwide, as their negotiation
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(LEAD) Exports down 12.7 pct during first 10 days of June; trade deficit widens

(ATTN: UPDATES with more details throughout)SEOUL, June 13 (Yonhap) -- South Korea's exports fell 12.7 percent on-year in the first 10 days of June due largely to fewer working days, and the country suffered a trade deficit due to high fuel costs
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Exports down 12.7 pct during first 10 days of June

SEOUL, June 13 (Yonhap) -- South Korea's exports fell 12.7 percent on-year in the first 10 days of June due largely to fewer working days, data showed Monday.The country's outbound shipments stood at US$15.07 billion in the June 1-10 period,
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KAI, Lockheed Martin team up to boost trainer jet sales in U.S.

SEOUL, June 12 (Yonhap) -- Korea Aerospace Industries Co., South Korea's sole aircraft manufacturer, said Sunday it has signed an agreement with the U.S. defense firm Lockheed Martin to boost sales of its advanced trainer jets in the United State
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Renault Korea Motors to roll out first electric vehicle in 2026: CEO

SEOUL, June 12 (Yonhap) -- The top executive of Renault Korea Motors Co. has said that his company will roll out its first electric vehicle in South Korea in 2026.During a meeting with reporters on Friday, CEO Stephane Deblaise stressed that 2026 wou
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Samsung Electronics at world's 22nd by market cap: data

SEOUL, June 12 (Yonhap) -- Samsung Electronics Co., South Korea's leading tech firm, was the world's 22nd-largest company in terms of market capitalization, down seven notches from a year earlier, data showed Sunday.According to the list of t
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(LEAD) Disruptions deepen as unionized truckers continue strike for 5th day

(ATTN: UPDATES with police officers' injury, other details in paras 8-10)SEOUL, June 11 (Yonhap) -- Unionized cargo truck drivers extended their strike to a fifth day on Saturday, causing disruptions and delays in logistics nationwide, industry s
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Trade chief attends IPEF meeting in Paris

SEOUL, June 11 (Yonhap) -- Trade Minister Ahn Duk-geun attended a non-official ministerial meeting of the Indo-Pacific Economic Framework (IPEF) in Paris on Saturday and discussed regional trade issues, his ministry said.Ahn took part in the discussi
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Disruptions deepen as unionized truckers continue strike for 5th day

SEOUL, June 11 (Yonhap) -- Unionized cargo truck drivers extended their strike to a fifth day on Saturday, causing disruptions and delays in logistics nationwide, industry sources said.Some 33 percent, or 7,350 members, of the 22,000-strong Cargo Tru
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S. Korea to actively consider economic support for Ukraine

SEOUL June 11 (Yonhap) -- South Korea will actively consider joining a global move to support the war-torn Ukraine by participating in multilateral development banks, a Seoul senior official has said.During the annual meeting of the OECD Council at t
Kainos Medicine to raise 47.7 bln won via stock sale

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SEOUL, June 10 (Yonhap) -- Kainos Medicine Inc.on Friday announced that it will sell stocks to raise 47.7 billion won (US$37.6 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory f
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S. Korea calls for quick ratification of trade deal with Indonesia

SEOUL, June 10 (Yonhap) -- South Korea on Friday asked Indonesia to quickly ratify their trade deal as they seek to strengthen cooperation on supply chains and other economic issues.South Korea's National Assembly endorsed the Comprehensive Econo
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DSME signs tie-up deal on onboard CO2 capture, storage

SEOUL, June 10 (Yonhap) -- South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday it has signed a business partnership agreement with Greek shipper GasLog and the American Bureau of Shipping (ABS) to jointly develop an
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(LEAD) BOK chief emphasizes timely action to tame inflation, hints at more rate hikes

(ATTN: CHANGES photo)SEOUL, June 10 (Yonhap) -- South Korea's top central banker on Friday emphasized the importance of timely action to fight rising inflation in the latest hint at further rate hikes amid worries that prices could fast rise amid
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(LEAD) Banks' household loans grow for 2nd month in May but at slower pace

(ATTN: ADDS info in para 5, photo)SEOUL, June 10 (Yonhap) -- Household loans extended by banks in South Korea expanded for the second straight month in May but at a slower pace than a month earlier amid rising borrowing costs, central bank data showe
Banks' household loans grow for 2nd month in May but at slower pace

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SEOUL, June 10 (Yonhap) -- Household loans extended by banks in South Korea expanded for the second straight month in May but at a slower pace than a month earlier amid rising borrowing costs, central bank data showed Friday.Banks' outstanding ho