BRAND

• 

  BRAND

  Producer prices down for 2nd month in May

  SEOUL, June 21 (Yonhap) -- South Korea's producer prices declined for the second consecutive month in May as a fall in the prices of industrial goods led the overall decline, offsetting a gain in the prices of agricultural products and utilities,
• 

  BRAND

  (URGENT) S. Korea ordered to pay Elliott 69 bln won in investor-state suit

  (END)
• TS Trillion to raise 20 bln won via stock sale

  BRAND

  SEOUL, June 20 (Yonhap) -- TS Trillion Co.on Tuesday announced that it will sell stock to raise 20 billion won (US$15.6 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regulatory filin
• 

  BRAND

  (LEAD) Hyundai to invest 109.4 tln won by 2032 in EV growth

  (ATTN: UPDATES with details in paras 3-15; ADDS 1st and 3rd photos)SEOUL, June 20 (Yonhap) -- South Korea's Hyundai Motor Co. said Tuesday it will invest 109.4 trillion won (US$85.4 billion) by 2032 to secure a leading position in the global futu
• CJ CGV to raise 570 bln won via stock offering

  BRAND

  SEOUL, June 20 (Yonhap) -- CJ CGV Co. on Tuesday announced that it will sell stock to raise 570 billion won(US$445.2 million). The proceeds from the stock sale will be used mainly to pay off its debts.According to a regulatory filing, the company wil
• Plasmapp to raise 5.5 bln won via stock offering

  BRAND

  SEOUL, June 20 (Yonhap) -- Plasmapp Co.on Tuesday announced that it will sell stock to raise 5.5 billion won(US$4.3 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the company
• Hyundai Motor to invest 109.4 tln won by 2032 in EV growth

  BRAND

  SEOUL, June 20 (Yonhap) -- South Korea's Hyundai Motor Co. said Tuesday it will invest 109.4 trillion won (US$85.4 billion) by 2032 to secure a leading position in the global future mobility market, while aiming to sell 2 million all-electric mod
• 

  BRAND

  Interpark Triple announces goal to attract 50 mln annual inbound travelers to S. Korea by 2028

  By Kim Na-youngSEOUL, June 20 (Yonhap) -- South Korea's major travel booking platform Interpark Corp. on Tuesday announced its vision to attract 50 million foreign travelers to South Korea annually by 2028 as it has changed its name to Interpark
• 

  BRAND

  Corporate sales growth slows in Q1 amid higher costs, economic slump

  SEOUL, June 20 (Yonhap) -- South Korean companies' sales growth slowed and their profitability narrowed in the first quarter of the year, central bank data showed Tuesday, as higher borrowing costs and increased prices of raw materials ate into t
• 

  BRAND

  Number of double-income households up in 2022

  By Kang Yoon-seungSEOUL, June 20 (Yonhap) -- The number of double-income households in South Korea moved up in 2022 from a year earlier, data showed, amid the eased COVID-19 restrictions.Double-income households came to 5.84 million in October 2022,
• 

  BRAND

  S. Korea's overseas investment dips 41.6 pct in Q1

  By Kang Yoon-seungSEOUL, June 20 (Yonhap) -- South Korea's overseas direct investment dipped 41.6 percent in the first quarter of 2023 from a year earlier, data showed Tuesday, led by the manufacturing and property sectors.The value of overseas i
• 

  BRAND

  S. Korean steelmakers seek extension of grace period for EU's carbon tax

  SEOUL, June 20 (Yonhap) -- South Korean steelmakers asked the government Tuesday to persuade the European Union to allow domestic carbon emission calculation methods for a longer period of time ahead of the full implementation of its new carbon borde
• 

  BRAND

  S. Korea to open foreign currency account for EDCF projects

  SEOUL, June 20 (Yonhap) -- South Korea plans to open a foreign currency account for the country's low-interest loan projects for developing nations, the finance ministry said Tuesday, eliminating the need for unnecessary foreign exchange conversi
• E-tron to raise 40 bln won via stock sale

  BRAND

  SEOUL, June 20 (Yonhap) -- E-tron Co.on Tuesday announced that it will sell stock to raise 40 billion won The proceeds from the stock offering will be used primarily to pay off its debts.According to a regulatory filing, the company will issue 200 mi
• 

  BRAND

  (LEAD) S. Korea committed to cultivating favorable business environment

  (ATTN: UPDATES with details throughout; ADDS photo)By Kang Yoon-seungSEOUL, June 20 (Yonhap) -- South Korea's finance minister said Tuesday the government is committed to building a favorable business environment by revamping regulations and offe
• S. Korea committed to cultivating favorable business environment

  BRAND

  SEOUL, June 20 (Yonhap) -- South Korea's finance minister said Tuesday the government is committed to building a favorable business environment by revamping regulations and offering tax cuts as he asked local firms to proactively roll out investm
• 

  BRAND

  S. Korea's competitiveness down one notch to 28th in 2023: report

  By Kang Yoon-seungSEOUL, June 20 (Yonhap) -- South Korea's global competitiveness rank moved down by a notch from a year earlier in 2023, due mostly to a decline in government efficiency, a report showed Tuesday. South Korea ranked 28th in terms
• Top headlines in major S. Korean newspapers

  BRAND

  SEOUL, June 20 (Yonhap) -- The following are the top in major South Korean newspapers on June 20.Korean-language dailies-- Head of Korea Institute for Curriculum and Evaluation offers to resign (Kyunghyang Shinmun)-- People who give up on buying hom
• Voronoi to raise 45 bln won via stock offering

  BRAND

  SEOUL, June 19 (Yonhap) -- Voronoi Inc. on Monday announced that it will sell stock to raise 45 billion won (US$35.1 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the compan
• 

  BRAND

  Passenger attempts to open plane door on Jeju Air flight

  SEOUL, June 19 (Yonhap) -- A passenger attempted to open the plane door during flight early Monday, the second such incident in less than a month after the shocking mid-air door opening accident on an Asiana Airlines flight. The door did not open in