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• Hyundai Motor Q1 net rises 16.8 pct to 1.77 tln won

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  SEOUL, April 25 (Yonhap) -- Hyundai Motor Co on Monday reported its first-quarter net profit of 1.77 trillion won (US$1.4 billion), up 16.8 percent from a year earlier.Operating income for the January-March period was 1.92 trillion won, up 16.4 perce
• POSCO Holdings Q1 net profit up 72.7 pct. to 1.9 tln won

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  SEOUL, April 25 (Yonhap) -- POSCO Holdings Inc. on Monday reported its first-quarter net profit of 1.9 trillion won (US$1.5 billion), up 72.7 percent from a year earlier.Operating income for the January-March period was 2.29 trillion won, up 43.8 per
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  Hana Financial buys stake in Vietnamese brokerage

  SEOUL, April 25 (Yonhap) -- South Korean brokerage house Hana Financial Investment Co. said on Monday that it signed a deal to purchase 35 percent stake in Vietnam-based brokerage BIDV Securities Co.The 142 billion won (US$113.8 million) deal makes H
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  S. Korea's seaport cargo up 0.6 pct in Q1

  SEOUL, April 25 (Yonhap) -- Cargo processed at South Korean seaports inched up 0.6 percent in the first quarter of this year, the oceans ministry has said.Cargo handled at the country's ports came to 389 million tons in the January-March period,
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  LG Chem develops advanced flame-retardant plastic for EV battery packs

  SEOUL, April 25 (Yonhap) -- LG Chem Ltd. said Monday it has developed a highly heat-resistant plastic material designed to delay thermal runaway in lithium-ion batteries used in electric vehicles.The flame-retardant plastic material can prevent the s
• POSCO Chemical Q1 net income down 9.5 pct to 36 bln won

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  SEOUL, April 25 (Yonhap) -- POSCO Chemical Co. on Monday reported its first-quarter net profit of 36 billion won (US$28.9 million), down 9.5 percent from a year earlier.The company said in a regulatory filing that it posted 25.5 billion won in operat
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  Yoon to visit headquarters of homegrown COVID-19 vaccine

  SEOUL, April 25 (Yonhap) -- President-elect Yoon Suk-yeol will visit homegrown vaccine producer SK Bioscience on Monday and emphasize vaccine sovereignty amid the country's fight against the novel coronavirus, his spokesperson said. Yoon is sched
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  Asiana Airlines to reopen route to India, offer more to Japan, others

  SEOUL, April 25 (Yonhap) -- Asiana Airlines Inc., South Korea's second-biggest carrier, said Monday it will reopen the route to India this week as eased virus restrictions unleash pent-up demand. Asiana will offer one flight a week on the Incheon
• POSCO International Q1 net profit up 75.7 pct to 163.1 bln won

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  SEOUL, April 25 (Yonhap) -- POSCO International on Monday reported its first-quarter net income of 163.1 billion won (US$131.1 million), up 75.7 percent from a year earlier.Operating income for the January-March period was 216 billion won, up 70.2 pe
• Samsung Card Q1 net income up 16.2 pct to 160.8 bln won

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  SEOUL, April 25 (Yonhap) -- Samsung Card Co. on Monday reported its first-quarter net income of 160.8 billion won (US$129.2 million), up 16.2 percent from a year earlier.The company said in a regulatory filing that it posted 216.4 billion won in oper
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  Instant noodle exports jump 20 pct in March

  SEOUL, April 25 (Yonhap) -- South Korea's exports of instant noodles soared 20 percent on-year in March on the global popularity of Korean pop culture amid the coronavirus pandemic, data showed Monday.Asia's fourth-largest economy exported US
• Top headlines in major S. Korean newspapers

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  SEOUL, April 25 (Yonhap) -- The following are the top in major South Korean newspapers on April 25.Korean-language dailies-- Prices for cooking oil, eggs rise as fears of 'egg-flation' grow (Kyunghyang Shinmun)-- Lee Jun-seok to reconsider p
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  8 insurers fined 1.76 bln won for collusion

  SEOUL, April 24 (Yonhap) -- South Korea's antitrust regulator said Sunday it has decided to impose a combined fine of 1.76 billion won (US$1.42 million) on eight insurance companies for colluding to fix bidding prices.KB Insurance Co., six other
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  (LEAD) SK Innovation's unit signs Malaysian oil block production contract

  (ATTN: UPDATES with details in paras 6, 8-10)SEOUL, April 24 (Yonhap) -- SK Innovation Co., South Korea's leading refiner, said Sunday its energy unit has signed a production sharing contract with Malaysian companies for a local oil block. SK ear
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  SK Innovation's unit signs Malaysian oil block production contract

  SEOUL, April 24 (Yonhap) -- SK Innovation Co., South Korea's leading refiner, said Sunday its energy unit has signed a production sharing contract with Malaysian companies for a local oil block. SK earthon Co. recently signed the deal with Malays
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  S. Korea requests MSCI to put its stock market on watch list for developed market status

  SEOUL, April 23 (Yonhap) -- South Korea's top economic policymaker has requested the global index provider Morgan Stanley Capital International (MSCI) to place the country's stock market on the watch list for the developed market status durin
• Top headlines in major S. Korean newspapers

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  SEOUL, April 23 (Yonhap) -- The following are the top in major South Korean newspapers on April 23.Korean-language dailies-- Rival parties agree on 'staged abolition of investigative powers' by prosecution (Kyunghyang Shinmun)-- Rival partie
• KB Financial Group Q1 net profit up 13.9 pct to 1.46 tln won

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  SEOUL, April 22 (Yonhap) -- KB Financial Group Inc. on Friday reported its first-quarter net profit of 1.46 trillion won (US$1.2 billion), up 13.9 percent from a year earlier.Operating income for the January-March period was 1.9 trillion won, up 8.9
• Hana Financial Group Q1 net income up 7.4 pct to 914.7 bln won

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  SEOUL, April 22 (Yonhap) -- Hana Financial Group Inc. on Friday reported its first-quarter net income of 914.7 billion won (US$738.2 million), up 7.4 percent from a year earlier.Operating income for the January-March period was 1.1 trillion won, up 2
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  (LEAD) Woori Financial reports record quarterly earnings in Q1

  (ATTN: RECASTS throughout with details; CHANGES headline)SEOUL, April 22 (Yonhap) -- Woori Financial Group Inc., a major South Korean banking group, reported record quarterly earnings in the first quarter, driven by increased interest income.Net prof