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  (2nd LD) S. Korea reviewing whether to further cut fuel taxes: finance minister

  (ATTN: ADDS LPG prices in last para)SEOUL, March 31 (Yonhap) -- South Korea is reviewing whether to further cut fuel taxes as inflationary pressure has built up amid surging energy costs, the finance minister said Thursday.The government is consideri
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  SsangYong Motor's 2021 financial report rejected by auditor

  SEOUL, March 31 (Yonhap) -- SsangYong Motor Co. said Thursday its annual financial report was rejected by an external auditor after its takeover deal by Edison Motors Co. collapsed.SsangYong Motor, which is under court receivership, said in a regulat
• Nexturnbioscience to raise 1 bln won via stock sale

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  SEOUL, March 31 (Yonhap) -- Nexturnbioscience Co.on Thursday announced that it will sell stocks to raise 1 billion won (US$825,013). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filin
• Nexturnbioscience to raise 14 bln won via stock sale

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  SEOUL, March 31 (Yonhap) -- Nexturnbioscience Co.on Thursday announced that it will sell stocks to raise 14 billion won (US$11.6 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory
• Chorokbaem Company to raise 25 bln won via stock sale

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  SEOUL, March 31 (Yonhap) -- Chorokbaem Company Co.on Thursday announced that it will sell stocks to raise 25 billion won (US$20.6 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regula
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  (LEAD) Yoon visits KITA, vows to support young traders

  (ATTN: CHANGES headline, lead, photo; UPDATES throughout)SEOUL, March 31 (Yonhap) -- President-elect Yoon Suk-yeol on Thursday visited the Korea International Trade Association (KITA) and promised support for young traders. Yoon met with some 200 col
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  S. Korea to sell 14.5 tln won worth of state bonds in April

  SEOUL, March 31 (Yonhap) -- South Korea plans to sell 14.5 trillion won (US$12 billion) in government bonds next month, the finance ministry said Thursday.The ministry will issue 1 trillion won in Treasurys with a two-year maturity, 2.4 trillion won
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  (LEAD) Outgoing BOK chief calls for discussions on central bank's roles other than in inflation fight

  (ATTN: CHANGES photo)SEOUL, March 31 (Yonhap) -- The outgoing chief of the Bank of Korea (BOK) called Thursday for serious discussions on the possibility of change in the roles of the central bank beyond its main obligation to keep inflation in check
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  (LEAD) S. Korea reviewing whether to further cut fuel taxes: finance minister

  (ATTN: UPDATES with more details throughout)SEOUL, March 31 (Yonhap) -- South Korea is reviewing whether to further cut fuel taxes as inflationary pressure has built up amid surging energy costs, the finance minister said Thursday.The government is c
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  Lotte Chemical eyes 50 tln won in sales by 2030 with hydrogen, battery materials drive

  By Kim Seung-yeon SEOUL, March 31 (Yonhap) -- Lotte Chemical Corp. said Thursday it aims to generate 50 trillion won (US$41.3 billion) in sales by 2030 from hydrogen energy, battery materials and plastic recycling as it seeks to make inroads into gre
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  Outgoing BOK chief calls for discussions on central bank's roles other than in inflation fight

  SEOUL, March 31 (Yonhap) -- The outgoing chief of the Bank of Korea (BOK) called Thursday for serious discussions on the possibility of change in the roles of the central bank beyond its main obligation to keep inflation in check in line with growing
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  SK On's IPO unlikely to take place until after 2025: SK Innovation CEO

  By Kim Seung-yeon SEOUL, March 31 (Yonhap) -- SK On Co. is not considering an initial public offering (IPO) for at least another two to three years but will build up its competitiveness and enhance corporate value before pushing for a market debut, h
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  Korea Shipbuilding bags 589.5 bln-won order for 4 container ships

  SEOUL, March 31 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has won a 589.5 billion-won (US$487 million) order to build four container carriers.Under the deal with a Liberian shipper, Hyundai Samho Heavy Industri
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  HJ Shipbuilding bags US$150 mln order for 2 container carriers

  BUSAN, March 31 (Yonhap) -- South Korean shipyard HJ Shipbuilding & Construction Co. said Thursday it has clinched a US$150 million order to build two container carriers.Under the deal with an undisclosed European shipper, HJ Shipbuilding & Construct
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  Gunsan economic zone receives tax and other support for another year

  SEOUL, March 31 (Yonhap) -- The government decided to designate the southwestern city of Gunsan as an emergency response zone for another year to provide job support and tax incentives following the 2018 shutdown of a General Motors' plant, the i
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  S. Korea, U.S. discuss chip supply chains

  SEOUL, March 31 (Yonhap) -- South Korea and the United States held working-level talks Thursday to boost cooperation in the chip industry and to ensure stable chip supply chains, Seoul's industry ministry said.The subcommittees of the Korea-U.S.
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  Volkswagen to launch 22 new, upgraded models in S. Korea this year

  SEOUL, March 31 (Yonhap) -- Volkswagen Group Korea said Thursday it will launch a total of 22 new and upgraded models under its four brands this year to boost sales amid the prolonged COVID-19 pandemic. The 22 models include the Volkswagen ID.4 all-e
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  Yoon to meet with young exporters at KITA event

  SEOUL, March 31 (Yonhap) -- President-elect Yoon Suk-yeol will visit the Korea International Trade Association (KITA) on Thursday and encourage young trade specialists, his spokesperson said. Yoon is scheduled to attend the graduation ceremony of KIT
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  (2nd LD) Industrial output falls for 2nd month in Feb.

  (ATTN: UPDATES with more details throughout; CHANGES photo)By Kim Soo-yeonSEOUL, March 31 (Yonhap) -- South Korea's industrial output fell for the second straight month in February as economic uncertainty has heightened amid the upsurge in COVID-
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  S. Korea set to jack up natural gas prices in April

  SEOUL, March 31 (Yonhap) -- Prices of liquefied natural gas (LNG) in South Korea will increase nearly 2 percent in April due to rising international energy prices, the industry ministry said Thursday.LNG rates for households, restaurants, hotels and