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(LEAD) Rolls-Royce unveils brand's 1st all-electric model in S. Korea

(ATTN: UPDATES with details in paras 5-9; CHANGES photo)SEOUL, June 16 (Yonhap) -- Rolls-Royce Motor Cars on Friday unveiled the brand's first all-electric model, named Spectre, in South Korea as it sees further room to grow in Asia's fourth-
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S. Korea dismisses chances of lifting Fukushima seafood import ban

SEOUL, June 16 (Yonhap) -- South Korea's current ban on imports of seafood from Japan's Fukushima area will remain in place regardless of Japan's planned release of contaminated water from its crippled Fukushima nuclear power plant, a sen
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Seniors to make up 46 pct of population in 2070: Statistics Korea

By Kang Yoon-seungSEOUL, June 16 (Yonhap) -- South Koreans aged 65 and above are set to make up 46.4 percent of the total population in 2070, data showed Friday, a projection that shows rapid population aging amid the country's critically low bir
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KT Sat launches satellite service for fishing vessels

SEOUL, June 16 (Yonhap) -- KT Sat Co., the satellite service arm of telecom giant KT Corp., said Friday it launched a satellite service for fishing vessels 100 or more kilometers away from land.The service covers waters off the Korean Peninsula, Taiw
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CJ Logistics signs MOU with Taiwan's Evergreen Marine to expand global business

SEOUL, June 16 (Yonhap) -- CJ Logistics Corp., a major South Korean logistics company, said Friday it has signed an initial agreement with Taiwanese shipping company Evergreen Marine Corp. to expand its global business. With the memorandum of underst
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S. Korea, Japan team up for advanced industry materials, tech development

SEOUL, June 16 (Yonhap) -- South Korea and Japan joined hands to boost cooperation on the development of key industry materials and advanced technologies in such major fields as semiconductors and displays, Seoul's industry ministry said Friday.T
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(LEAD) Finance ministry assesses 18 public firms as 'lackluster' or below

(ATTN: UPDATES with details throughout)By Kang Yoon-seungSEOUL, June 16 (Yonhap) -- South Korea's finance ministry said Friday that 18 state-run companies were rated "lackluster" or below during its annual management assessment, notin
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Rolls-Royce unveils brand's 1st all-electric model in S. Korea

SEOUL, June 16 (Yonhap) -- Rolls-Royce Motor Cars on Friday unveiled the brand's first all-electric Spectre model in South Korea as it sees further room to grow in Asia's fourth-biggest economy.South Korea is the first country for the British
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Hanwha to showcase space, mobility technologies at Paris Air Show

By Kim Seung-yeon SEOUL, June 16 (Yonhap) -- Two affiliates of South Korea's defense-to-energy Hanwha Group will present their latest space and mobility technologies at next week's trade show in Paris, including a model of the Korean indigeno
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Finance ministry assesses 18 public firms as 'lackluster' or below

By Kang Yoon-seungSEOUL, June 16 (Yonhap) -- South Korea's finance ministry said Friday that 18 state-run companies were rated "lackluster" or below during its annual management assessment, noting it plans to order such firms to cut b
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GM appoints marketing expert as new CEO for S. Korean operations

SEOUL, June 16 (Yonhap) -- General Motors Co. on Friday appointed a marketing expert from its Mexican operations as president and CEO of GM Korea.Hector Villarreal, vice president in charge of vehicle sales, service and marketing at GM Mexico, will r
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Economic slowdown continues on weak exports, inflation weakens: gov't

By Kang Yoon-seungSEOUL, June 16 (Yonhap) -- South Korea's finance ministry said Friday that Asia's No. 4 economy has recently experienced weaker inflationary pressure, although it continued to suffer an economic slowdown."Recently, the
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S. Korea's H2 economy strategy to focus on rebound, livelihood stability

SEOUL, June 16 (Yonhap) -- South Korea's economic strategy for the second half is set to focus on solidifying people's livelihoods and seeking a rebound, the finance ministry said Friday.The remark was made in light of the Ministry of Economy
(EDITORIAL from Korea JoongAng Daily on June 16)

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The spy agency should be born againThe National Intelligence Service (NIS) has become shaky after the appointments of top officials of the spy agency by President Yoon Suk Yeol were reversed. After reviewing a list of names for their promotion to the
(EDITORIAL from Korea Herald on June 16)

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Corrupt energy projectsNew corruption cases in renewable energy projects show lack of oversightThe previous Moon Jae-in administration launched an ambitious policy initiative to shift the country's energy policy toward clean and renewable sources
(EDITORIAL from Korea Times on June 16)

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Dominating airwavesPublic broadcasters must be better, leaner and neutralIn Korea in the early 1980s, when the clock struck nine o'clock each and every evening, general-turned-president, Chun Doo-hwan, would invariably be on the nation's TV s
Top headlines in major S. Korean newspapers

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SEOUL, June 16 (Yonhap) -- The following are the top in major South Korean newspapers on June 16.Korean-language dailies-- Top court rules strikers should be considered individually liable in damages suit (Kyunghyang Shinmun)-- Supreme Court says st
Cbi to raise 10 bln won via stock offering

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SEOUL, June 15 (Yonhap) -- Cbi Co. on Thursday announced that it will sell stock to raise 10 billion won(US$7.8 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the company wil
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S. Korea ready to supply record-high electricity during summer

SEOUL, June 15 (Yonhap) -- South Korea is expected to see record-high demand for electricity this summer, and it is ready to meet the demand on the back of increased production capacity, the industry ministry said Thursday.The country's maximum e
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(LEAD) S. Korea, Qatar sign investment agreements on trade, intellectual property

(ATTN: ADDS investment forum in last para)SEOUL, June 15 (Yonhap) -- South Korea and Qatar signed initial agreements on trade, intellectual property and the smart farm sector Thursday as they seek to enhance bilateral economic and industry ties, Seou