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  S. Korea ranks No. 1 in household debt-to-GDP ratio in Q1

  SEOUL, June 6 (Yonhap) -- South Korea had the highest household debt-to-gross domestic product (GDP) ratio among 36 major economies in the first quarter, a global finance report said Monday.The country's household debt-to-GDP ratio came to 104.3
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  9 duck meat-processing firms, association fined for price fixing

  SEOUL, June 6 (Yonhap) -- South Korea's antitrust regulator said Monday it has decided to impose a combined fine of 6.24 billion won (US$5.03 million) on nine duck meat-processing firms and their association for fixing prices and the supply of po
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  Genesis' global sales exceed 700,000 units

  SEOUL, June 6 (Yonhap) -- Hyundai Motor Co. said Monday the accumulated sales of its independent Genesis brand models exceeded 700,000 units last month despite the prolonged chip shortage. The South Korean carmaker sold 699,751 Genesis vehicles, incl
• Top headlines in major S. Korean newspapers

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  SEOUL, June 6 (Yonhap) -- The following are the top in major South Korean newspapers on June 6.Korean-language dailies-- New U.S. military base to be installed right next to presidential office (Kyunghyang Shinmun)-- N. Korea launches 8 missiles; Yo
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  Gasoline, diesel prices rise for 4th straight week amid tight supply

  SEOUL, June 4 (Yonhap) -- The weekly average prices of gasoline and diesel in South Korea both climbed for the fourth consecutive week on a continued energy crunch around the world, industry data showed Saturday. The average retail price of gasoline
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  (2nd LD) S. Korea seeks U.S. congressional support for trade, investment

  (ATTN: ADDS details from Duckworth's meeting with AMCHAM in last 4 paras)By Oh Seok-min and Kang Jae-eunSEOUL, June 3 (Yonhap) -- South Korean Trade Minister Ahn Duk-geun drummed up support from the U.S. Congress on Friday to expand bilateral tra
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  HD Hyundai conducts world's 1st autonomous navigation on merchant ship

  SEOUL, June 3 (Yonhap) -- A unit of HD Hyundai, formerly known as Hyundai Heavy Industries Holdings, has conducted the world's first transoceanic voyage of a large merchant ship based on its autonomous navigation technology, the company said Frid
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  (LEAD) S. Korea seeks U.S. congressional support for trade, investment

  (ATTN: REPLACES photo; ADDS byline)By Oh Seok-min and Kang Jae-eunSEOUL, June 3 (Yonhap) -- South Korean Trade Minister Ahn Duk-geun drummed up support from the U.S. Congress on Friday to expand bilateral trade and investment, his office said.Ahn mad
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  S. Korea seeks U.S. congressional support for trade, investment

  SEOUL, June 3 (Yonhap) -- South Korean Trade Minister Ahn Duk-geun drummed up support from the U.S. Congress on Friday to expand bilateral trade and investment, his office said.Ahn made the request during a meeting with Sen. Tammy Duckworth (D-IL) in
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  SKC says mulling selling PET film biz

  SEOUL, June 3 (Yonhap) -- SKC Co., a film and chemical materials company of South Korea's conglomerate SK Group, has said it is considering selling its polyester (PET) film business in what could be an attempt to bolster its drive for battery mat
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  Korea Shipbuilding wins 572 bln-won LNG ship order in Asia

  SEOUL, June 3 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Friday it has received a 572 billion-won (US$460 million) liquefied natural gas (LNG) ship order in Asia.Korea Shipbuilding will build two LNG carriers for an unident
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  Hyundai Commercial seeks to raise stake in Hyundai Card

  SEOUL, June 3 (Yonhap) -- Hyundai Commercial Inc., the second-largest stakeholder of Hyundai Card Corp., said Friday it will push to purchase an additional stake in the card payment company from retail investors to help them their holdings.Hyundai Co
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  (3rd LD) Inflation growth hits nearly 14-year high in May on high energy prices

  (ATTN: ADDS more info, BOK's analysis)By Kim Soo-yeonSEOUL, June 3 (Yonhap) -- South Korea's consumer prices rose at the fastest clip in almost 14 years in May due to high energy and food costs over the protracted war between Russia and Ukrai
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  (2nd LD) Gov't to lift quarantine mandate for unvaccinated arrivals June 8

  (ATTN: ADDS more details in paras 3, 5, 9-10, additional photo)By Kim Deok-hyunSEOUL, June 3 (Yonhap) -- The government will lift a seven-day quarantine mandate for unvaccinated arrivals from overseas next week, as part of its efforts to restore pre-
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  (2nd LD) Inflation growth hits nearly 14-year high in May on high energy prices

  (ATTN: UPDATES throughout with more details )By Kim Soo-yeonSEOUL, June 3 (Yonhap) -- South Korea's consumer prices rose at the fastest clip in almost 14 years in May due to high energy and food costs over the protracted war between Russia and Uk
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  Hyundai, Kia's May U.S. sales fall 31 pct amid chip shortage

  SEOUL, June 3 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Friday their combined sales in the United States fell 31 percent last month from a year earlier amid the prolonged chip shortage.Hyundai and Kia sold 117,373 vehicles in the
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  (LEAD) Inflation growth hits nearly 14-year high in May on high energy prices

  (ATTN: UPDATES with more details throughout; ADDS photo)By Kim Soo-yeonSEOUL, June 3 (Yonhap) -- South Korea's consumer prices rose at the fastest clip in almost 14 years in May due to high energy and food costs over the protracted war between Ru
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  Inflation growth hits nearly 14-year high in May on high energy prices

  By Kim Soo-yeonSEOUL, June 3 (Yonhap) -- South Korea's consumer prices rose at the fastest clip in almost 14 years in May due to high energy and food costs over the protracted war between Russia and Ukraine and the economic recovery, data showed
• (URGENT) Consumer prices jump 5.4 pct on-year in May, fastest rise in almost 14 years

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  LG Energy-Stellantis EV battery JV named 'NextStar Energy'

  SEOUL, June 2 (Yonhap) -- South Korean battery maker LG Energy Solution Ltd. (LGES) said Thursday its battery joint venture with multinational automaker Stellantis N.V. was named "NextStar Energy."In March, LGES and Stellantis announced a