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GM Korea's March sales fall 16 pct amid chip shortages
SEOUL, April 1 (Yonhap) -- GM Korea Co., the South Korean unit of General Motors Co., said Friday sales fell 16 percent last month from a year earlier amid continued chip shortages. GM Korea sold 24,821 vehicles in March, down from 29,633 units a yea
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Renault Korea's March sales rose 21 pct on strong exports
SEOUL, April 1 (Yonhap) -- Renault Korea Motors, the South Korean unit of Renault S.A., said Friday its vehicle sales rose 21 percent last month from a year earlier on increased exports. Renault Korea sold 10,409 vehicles in March, up from 8,572 unit
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Kia's March sales fall 0.9 pct amid chip shortages
SEOUL, April 1 (Yonhap) -- Kia Corp., South Korea's second-largest automaker, said Friday its sales fell 0.9 percent last month from a year earlier as global chip shortages affected its vehicle production and sales.Kia said it sold 250,646 vehicl
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Hyundai's March sales fall 17 pct amid chip shortage
SEOUL, April 1 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker, said Friday its sales fell 17 percent last month from a year earlier, as a global chip shortage continued to affect its vehicles production and sales. Hyundai Motor sol
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SsangYong's March sales jump 21 pct on exports
SEOUL, April 1 (Yonhap) -- SsangYong Motor Co. said Friday its sales jumped 21 percent last month from a year earlier on increased exports of its SUV models. SsangYong Motor sold 8,596 vehicles in March, up from 7,122 units a year earlier, the compan
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S. Korea to sell 3.5 tln won in Treasury bills in April
SEOUL, April 1 (Yonhap) -- South Korea plans to sell 3.5 trillion won (US$2.9 billion) worth of Treasury bills in April to support the government's fiscal spending, the finance ministry said Friday.The bills, which have a maturity of 63 days, wil
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(LEAD) Medytox files complaint with ITC against Hugel over botox strain
(ATTN: UPDATES with Hugel response in last 2 paras)SEOUL, April 1 (Yonhap) -- South Korean drugmaker Medytox Inc. said Friday it has filed a complaint with a U.S. trade panel against domestic rival botox maker Hugel Inc. over a botulinum toxin strain
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Korea Shipbuilding bags 545.8 bln-won order for 2 LNG ships
SEOUL, April 1 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Friday it has clinched a 545.8 billion-won (US$449 million) order to build two liquefied natural gas (LNG) carriers.Under the deal with a European shipper, Hyundai S
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(LEAD) BOK chief nominee says policy direction to be determined after analyzing current risks' impact on growth, inflation
(ATTN: ADDS more remarks in last 5 paras)SEOUL, April 1 (Yonhap) -- The nominee for South Korea's central bank chief said Friday that he will determine the direction of monetary policy after analyzing how existing risks, including the Ukraine cri
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Online shopping up 13.7 pct on-year in Feb. amid pandemic
SEOUL, April 1 (Yonhap) -- Online shopping in South Korea rose 13.7 percent on-year in February, led by solid demand for food delivery services, electronics goods and travel services amid the pandemic, data showed Friday.The value of online shopping
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(2nd LD) Exports up 18.2 pct in March to all-time high on robust demand for chips
(ATTN: ADDS exports to Russia, Ukraine, other details, comments in last 9 paras)By Oh Seok-minSEOUL, April 1 (Yonhap) -- South Korea's exports jumped 18.2 percent in March from a year earlier to reach an all-time monthly high on the back of brisk
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BOK chief nominee says policy direction to be determined after analyzing current risks' impact on growth, inflation
SEOUL, April 1 (Yonhap) -- The nominee for South Korea's central bank chief said Friday that he will determine the direction of monetary policy after analyzing how existing risks, including the Ukraine crisis and the pandemic, will affect economi
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Medytox files complaint with ITC against Hugel over botox strain
SEOUL, April 1 (Yonhap) -- South Korean drugmaker Medytox Inc. said Friday it has filed a complaint with a U.S. trade panel against domestic rival botox maker Hugel Inc. over a botulinum toxin strain.The complaint lodged with the U.S. International T
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(LEAD) Exports up 18.2 pct in March to all-time high on robust demand for chips
(ATTN: ADDS more details in paras 2, 4-13)SEOUL, April 1 (Yonhap) -- South Korea's exports jumped 18.2 percent in March from a year earlier to reach an all-time monthly high on the back of brisk demand for chips and petroleum products, data showe
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GCF board approves US$190 mln for projects to support climate actions
SEOUL, April 1 (Yonhap) -- The Green Climate Fund (GCF), an international organization on fighting climate change, has approved US$190 million in funding for two new green energy projects, South Korea's finance ministry said Friday.The board of t
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Inflation growth estimated to pick up in March amid high oil prices: official
SEOUL, April 1 (Yonhap) -- South Korea's consumer prices are estimated to have grown at a faster pace in March as Russia's invasion of Ukraine has driven up oil prices, a senior government official said Friday.Inflationary pressure is likely
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S. Korea's exports up 18.2 pct in March to all-time high on robust demand for chips
SEOUL, April 1 (Yonhap) -- South Korea's exports jumped 18.2 percent in March from a year earlier to reach the highest monthly figure ever on the back of brisk demand for chips and petroleum products, data showed Friday.Outbound shipments stood a
(URGENT) S. Korea's exports rise 18.2 pct on-year to US$63.48 bln in March
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(LEAD) SBW group pushing to acquire SsangYong Motor
(ATTN: RECASTS slug, headline, lead; UPDATES with SBW's bid in paras 1-6)SEOUL, March 31 (Yonhap) -- Ssangbangwool (SBW) Inc., the nation's leading underwear maker, is considering buying debt-ridden SsangYong Motor Co., after an acquisition b
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S. Korean, U.S. trade chiefs discuss new economic framework, steel tariffs
By Oh Seok-minSEOUL, March 31 (Yonhap) -- The top trade officials of South Korea and the United States on Thursday discussed the new U.S.-proposed economic framework in the Indo-Pacific region and major trade issues, including digital trade and Trump
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