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(LEAD) S. Korea to expand fuel tax cuts amid surging energy prices

(ATTN: ADDS more info from 4th para, photos)SEJONG, April 5 (Yonhap) -- South Korea will expand tax cuts on fuel consumption as part of efforts to ease inflation pressure that has been building up amid surging energy prices, the country's top eco
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(LEAD) Soaring energy costs push up inflation growth to over 4 pct in March

(ATTN: UPDATES with more details throughout; ADDS photo)By Kim Soo-yeonSEOUL, April 5 (Yonhap) -- South Korea's consumer prices grew more than 4 percent for the first time in more than 10 years in March as energy prices jumped amid Russia's i
S. Korea to expand fuel tax cuts amid surging energy prices

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SEJONG, April 5 (Yonhap) -- South Korea will expand tax cuts on fuel consumption as part of efforts to ease inflation pressure that has been building up amid surging energy prices, the country's top economic policymaker said Tuesday. The governme
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Jet fuel consumption hits 17-year low in 2021 amid pandemic

SEOUL, April 5 (Yonhap) -- Jet fuel consumption in South Korea tumbled to a 17-year low in 2021 in the wake of the coronavirus pandemic, data showed Tuesday. Jet fuel consumption in Asia's fourth-largest economy came to 21.17 million barrels last
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Soaring energy costs push up inflation growth to over 4 pct in March

By Kim Soo-yeonSEOUL, April 5 (Yonhap) -- South Korea's consumer prices grew more than 4 percent for the first time in more than 10 years in March as energy prices jumped amid Russia's invasion of Ukraine, data showed Tuesday.The consumer pri
(URGENT) Consumer prices grow 4.1 pct on-year in March, fastest rise in over 10 years

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(LEAD) FTC chief to attend antitrust regulators' meeting online despite biz trip to U.S.

(ATTN: UPDATES with more details throughout)SEOUL, April 4 (Yonhap) -- South Korea's antitrust chief has left for the United States to attend a global meeting of regulatory authorities this week but will have to join it only online as the host ha
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S. Korean companies slowly roll back remote working amid eased pandemic rules

By Woo Jae-yeonSEOUL, April 4 (Yonhap) -- South Korean office workers are gradually returning to the office after more than two years of on-again, off-again remote working, as businesses are rolling back pandemic restrictions in tandem with those of
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(LEAD) Listed firms' on-year net profit hits all-time high

(ATTN: RECASTS headline, lead; ADDS info in paras 4, 6, 8-10)By Chung Joo-wonSEOUL, April 4 (Yonhap) -- The net profits of listed firms on South Korea's main bourse hit an all-time high last year, expanding 160.56 percent on-year despite the pand
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KOGAS signs biz tie-up with Sempra Infrastructure

SEOUL, April 4 (Yonhap) -- South Korean state-run gas company Korea Gas Corp. (KOGAS) said Monday it has signed a business partnership agreement with U.S. energy infrastructure firm Sempra Infrastructure.KOGAS said the memorandum of understanding, si
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SK On localizes battery management chip supply

SEOUL, April 4 (Yonhap) -- South Korean battery maker SK On Co. said Monday it has jointly developed a battery monitoring chip with a local startup in a move that helps ensure a stable supply of the key component in the battery management for automot
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Listed firms' on-year net profit jumps 160 pct in 2021

By Chung Joo-wonSEOUL, April 4 (Yonhap) -- The net profit of listed firms on South Korean main bourse expanded 160.56 percent last year despite the pandemic, the bourse operator said Monday. The consolidated net profit of 595 firms listed on the benc
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BOK should make more accurate assessments of markets ahead of rate-setting meeting: official

SEOUL, April 4 (Yonhap) -- The Bank of Korea (BOK) should step up efforts to make more accurate assessments of current economic and financial situations ahead of next week's rate-setting meeting, the central bank's acting chief said Monday.BO
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FTC chief to attend global antitrust regulators' meeting this week

SEOUL, April 4 (Yonhap) -- South Korea's antitrust chief plans to participate in a global meeting of regulatory authorities this week to discuss merger guidelines and competition policy, her office said Monday.Joh Sung-wook, chairperson of the Fa
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Asiana resumes route to Hawaii as travel curbs eased

SEOUL, April 4 (Yonhap) -- Asiana Airlines Inc., South Korea's second-biggest carrier, said Monday it has resumed flights to Hawaii as authorities eased travel curbs this month. Asiana reopened its Incheon-Honolulu route on Sunday, 25 months afte
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Prices of farm, livestock, fisheries imports soar 32 pct in Feb.

SEOUL, April 4 (Yonhap) -- Prices of South Korea's agricultural, livestock and fisheries imports jumped nearly 32 percent in February from a year earlier, data showed Monday, putting upward pressure on the country's inflation.The import price
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Hyundai, Kia's U.S. sales down 3.7 pct in Q1

SEOUL, April 2 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Saturday their combined sales in the United States fell 3.7 percent in the first quarter compared with a year ago due to the prolonged pandemic and chip shortages.The corpo
Ndfos to raise 3 bln won via stock sale

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SEOUL, April 1 (Yonhap) -- Ndfos Co.on Friday announced that it will sell stocks to raise 3 billion won (US$2.5 million). The proceeds from the stock offering will be used primarily to finance its facilities.According to a regulatory filing, the comp
Dongbu to sell shares to raise capital

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SEOUL, April 1 (Yonhap) -- Dongbu Corp.on Friday announced that it will sell stocks to raise capital.According to a regulatory filing, the company will issue 1,474 common shares at a price of 5,000 won per share. The stocks will be sold to the invest
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Carmakers' March sales fall 10 pct amid chip shortages

SEOUL, April 1 (Yonhap) -- South Korean carmakers' sales fell 10 percent last month from a year earlier, as global chip supply disruptions continued to affect vehicle production and sales, industry data showed Friday.The five carmakers in South K