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Hankook Tire supplies tires for Mercedes-Benz's S-Class sedan

SEOUL, April 12 (Yonhap) -- Hankook Tire & Technology Co., the world's sixth-largest tiremaker by sales, said Tuesday it started supplying tires for Mercedes-Benz's S-Class sedan last year. Hankook Tire has been providing the high-performance
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Hyundai Glovis wins LNG shipping deal from Australia

SEOUL, April 12 (Yonhap) -- Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, said Tuesday it has signed a long-term liquefied natural gas (LNG) shipping deal with Australian energy firm Woodside. Hyundai Glovis has ordered a local shipb
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Incheon Int'l Airport becomes world's No. 2 in cargo handling

WASHINGTON, April 11 (Yonhap) -- Incheon International Airport, the main gateway to South Korea, became the world's second-busiest cargo airport in 2021, up one notch from the previous year, a trade body said Monday.Incheon International Airport
Top headlines in major S. Korean newspapers

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SEOUL, April 12 (Yonhap) -- The following are the top in major South Korean newspapers on April 12.Korean-language dailies-- Feud over prosecution's investigative right becomes tool for power struggle (Kyunghyang Shinmun)-- Transition team membe
Asiana to resume Incheon-Rome route in June

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SEOUL, April 11 (Yonhap) -- Asiana Airlines Inc., South Korea's second-biggest carrier, said Monday it will resume the Incheon-Rome route in June to meet pent-up demand amid eased virus curbs.Asiana plans to offer two flights a week to Rome from
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Gov't not to ease property tax burdens for multiple home owners during its term

SEOUL, April 11 (Yonhap) -- South Korea's finance ministry on Monday rejected a request by the presidential transition team to temporarily ease property capital gain taxes for multiple home owners.The transition team of President-elect Yoon Suk-y
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Antitrust regulator gives warning against Samsung chief over false data

SEOUL, April 11 (Yonhap) -- South Korea's antitrust regulator said Monday it has given a warning against Lee Jae-yong, Samsung Group's de facto leader, over allegations that he has submitted falsified data about the group's affiliates.The
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(LEAD) Banks to ease lending policy on households, companies in Q2: survey

(ATTN: ADDS projections on credit risks in last 3 paras)SEOUL, April 11 (Yonhap) -- Banks in South Korea will likely ease their lending criteria for households and companies in the second quarter amid expectations that the government could ease its t
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8 S. Korean drug firms to donate 3 bln won worth of medicine to war-torn Ukraine

SEOUL, April 11 (Yonhap) -- Eight South Korean pharmaceutical companies will donate medicine, medical supplies and health supplements to Ukraine that's been devastated by Russia's invasion, a pharmaceutical association said Monday.The Korea P
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S. Korea to host int'l forum of UN aviation agency this week

SEOUL, April 11 (Yonhap) -- The major aviation agency of the United Nations will hold a major legal forum in Seoul this week, where some 800 officials from a dozen nations will discuss ways of ensuring the safe recovery of the global aviation sector
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Banks to ease lending policy on households, companies in Q2: survey

SEOUL, April 11 (Yonhap) -- Banks in South Korea will likely ease their lending criteria for households and companies in the second quarter amid expectations that the government could ease its tough curbs on lending, a survey showed Monday.According
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Hyundai chief heads to U.S. for New York auto show

SEOUL, April 11 (Yonhap) -- Hyundai Motor Group Chairman Euisun Chung departed for the United States on Monday to attend a global auto show and check on the automaking group's business in the North American market, sources said.Chung's latest
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Sales of short-term corporate bonds swell 26.8 pct in Q1

SEOUL, April 11 (Yonhap) -- Sales of corporate bonds with maturity of one year or below in South Korea grew 26.8 percent in 2021 from a year earlier amid the coronavirus pandemic, data showed Monday.Local companies issued 326.2 trillion won (US$265.1
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Bond issuance in S. Korea gains in March

SEOUL, April 11 (Yonhap) -- Bond issuance in South Korea rose solidly in March from the previous month thanks largely to increased state debt sale, industry data showed Monday.The value of bonds sold in Asia's fourth-largest economy came to 71.3
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Samsung eases pandemic rules as omicron is loosening its hold

SEOUL, April 11 (Yonhap) -- Samsung Electronics Co. on Monday eased health protocols meant to mitigate coronavirus transmission, as the omicron wave appears to be in retreat and the country is trying to restore a semblance of normalcy.The tech giant
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(LEAD) Exports up 3 pct in first 10 days of April

(ATTN: UPDATES with more details from para 3)SEOUL, April 11 (Yonhap) -- South Korea's exports rose 3 percent in the first 10 days of April from a year earlier on the back of demand for chips and petroleum products, customs data showed Monday.The
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Exports up 3 pct in first 10 days of April

SEOUL, April 11 (Yonhap) -- South Korea's exports rose 3 percent in the first 10 days of April from a year earlier on the back of demand for chips and petroleum products, customs data showed Monday.The country's outbound shipments stood at US
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Finance minister nominee vows to seek extra budget in way not to stoke inflation

SEOUL, April 10 (Yonhap) -- The nominee for South Korea's finance minister said Sunday the incoming government plans to draw up an extra budget to support pandemic-hit merchants but it will be pursued in a way that does not stoke inflation or ham
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(LEAD) (profile) Yoon's pick for finance minister says extra budget necessary despite inflation woes

(ATTN: RECASTS throughout with Choo's remarks; CHANGES headline; TRIMS)SEOUL, April 10 (Yonhap) -- Choo Kyung-ho, the nominee for finance minister and deputy minister for economic affairs, called Sunday for an extra budget bill to support people
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(LEAD) (profile) Bureaucrat-turned-KAIST professor tapped as Yoon's first industry minister

(ATTN: ADDS Lee's remarks in paras 3-5)SEOUL, April 10 (Yonhap) -- Lee Chang-yang, a professor at the Korea Advanced Institute of Science and Technology (KAIST) nominated for industry minister by President-elect Yoon Suk-yeol, is known for his ex