BRAND

• 

  BRAND

  Number of executives at major firms rises 4.5 pct in Q1

  SEOUL, May 24 (Yonhap) -- The number of executives at South Korea's major firms expanded 4.5 percent on-year in the first quarter of the year despite the coronavirus pandemic, a corporate tracker said Tuesday.A total of 353 leading companies in A
• Top headlines in major S. Korean newspapers

  BRAND

  SEOUL, May 24 (Yonhap) -- The following are the top in major South Korean newspapers on May 24.Korean-language dailies-- 'China-containing' IPEF sets sail under U.S. leadership (Kyunghyang Shinmun)-- IPEF formally launches; Yoon pledges coop
• Consumer sentiment down in May amid inflation woes

  BRAND

  SEOUL, May 24 (Yonhap) -- South Korea's consumer sentiment worsened in May amid worries that monetary tightening to rein in inflation could undercut economic growth, a central bank survey showed Tuesday.The composite consumer sentiment index stoo
• 

  BRAND

  Korean Air seeks to resume Incheon-Bali flight from mid-July

  SEOUL, May 23 (Yonhap) -- Flag carrier Korean Air Lines Co. is seeking to resume the direct flight between Incheon and Bali from mid-July after a two-year hiatus due to the pandemic, industry sources said Monday. Korean Air filed for resuming the dir
• 

  BRAND

  U.S.-led IPEF outweighs China-involving RCEP in population, GDP

  By Oh Seok-minSEOUL, May 23 (Yonhap) -- The U.S.-led Indo-Pacific Economic Framework (IPEF) is likely to be a greater economic bloc in the region than the mega trade pact of the Regional Comprehensive Economic Partnership (RCEP) that includes China i
• Bridge Biotherapeutics to raise 3 bln won via stock offering

  BRAND

  SEOUL, May 23 (Yonhap) -- Bridge Biotherapeutics Inc.on Monday announced that it will sell stocks to raise 3 billion won (US$2.4 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing
• Bridge Biotherapeutics to raise 45.6 bln won via stock sale

  BRAND

  SEOUL, May 23 (Yonhap) -- Bridge Biotherapeutics Inc.on Monday announced that it will sell stocks to raise 45.6 billion won (US$36.1 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regula
• Ismedia to raise 6.5 bln won via stock sale

  BRAND

  SEOUL, May 23 (Yonhap) -- Ismedia Co.on Monday announced that it will sell stocks to raise 6.5 billion won (US$5.1 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing, the c
• 

  BRAND

  (LEAD) Yoon says S. Korea committed to supply chain resilience under IPEF

  (ATTN: UPDATES throughout with Yoon's speech; CHANGES headline)By Lee Haye-ahSEOUL, May 23 (Yonhap) -- President Yoon Suk-yeol said Monday South Korea will contribute to the newly launched Indo-Pacific Economic Framework (IPEF) across all sectors
• 

  BRAND

  S. Korea's 1st lunar orbiter set for Aug. launch named Danuri

  SEOUL, May 23 (Yonhap) -- South Korea said Monday it has named its first lunar orbiter scheduled to be launched in August Danuri.Danuri -- a portmanteau of the Korean words for moon and enjoy -- was chosen from a national naming contest held from Jan
• 

  BRAND

  S. Korea relies more on imports for intermediate goods than G-7 nations: report

  SEOUL, May 23 (Yonhap) -- South Korea depends more on imports for its intermediate goods needs than other major economies, with its heavy reliance on China, a report showed Monday.South Korea's imports of intermediate goods accounted for 50.2 per
• 

  BRAND

  KSOE wins 110.5 bln-won order for 2 feeder container ships

  SEOUL, May 23 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Monday it has clinched a 110.5 billion-won (US$87 million) order to build two feeder container carriers.Under the deal with an undisclosed African shipper, Hyundai Mi
• 

  BRAND

  SK Group says it created 18.4 tln won in social value in 2021

  By Kim Seung-yeonSEOUL, May 23 (Yonhap) -- SK Group said Monday it generated 18.4 trillion won (US$14.5 billion) in "social value" last year, in its first disclosure of its nonfinancial performance related to environmental, social and oth
• Foreign banks in S. Korea see profits down 4.5 pct in 2021

  BRAND

  SEOUL, May 23 (Yonhap) -- Foreign bank branches in South Korea saw their combined net profit down 4.5 percent in 2021 due to a rise in securities-linked losses amid market downswings, data showed Monday.The combined net income of 35 foreign lenders&#
• 

  BRAND

  Foreign currency deposits down for 2nd month in April

  SEOUL, May 23 (Yonhap) -- Foreign currency deposits at banks in South Korea shrank for the second straight month in April due in part to companies' increased withdrawals to pay for investments and imports, central bank data showed Monday.Resident
• 

  BRAND

  Yoon says S. Korea's participation in IPEF is only natural

  SEOUL, May 23 (Yonhap) -- President Yoon Suk-yeol said Monday that the Indo-Pacific Economic Framework (IPEF) proposed by the United States aims to set the rules for economics and trade in the region, making it only natural for South Korea to join.Yo
• 

  BRAND

  (2nd LD) Exports up 24 pct during first 20 days of May; trade deficit widens

  (ATTN: UPDATES with more details in paras 3, 9)SEOUL, May 23 (Yonhap) -- South Korea's exports rose 24.1 percent in the first 20 days of May from a year earlier on robust demand for chips and petroleum products, but the country suffered a trade d
• 

  BRAND

  Market experts warn of asset bubble crash in S. Korea

  SEOUL, May 23 (Yonhap) -- The collapse of an asset market bubble in South Korea could lead to a more dangerous situation than the crash of the country's information technology (IT) bubble in the early 2000s, market experts warned Monday.Their doo
• 

  BRAND

  S. Korea joins U.S. and others in condemning Russia for Ukraine invasion

  SEOUL, May 23 (Yonhap) -- South Korea, the United States and five other countries on Monday condemned Russia for its invasion of Ukraine in the latest diplomatic pressure on Moscow to end the unprovoked war of aggression.Russia's war in Ukraine h
• 

  BRAND

  Hanwha Systems teams up with Italian defense firm for advanced radar export

  SEOUL, May 23 (Yonhap) -- Hanwha Systems Co., the defense and ICT unit of South Korean conglomerate Hanwha Group, said Monday it has partnered with an Italian defense company to cooperate on the export of an advanced radar system as it eyes to furthe