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(LEAD) Arbitrary changes in floor construction, faulty concrete blamed for apartment collapse
(ATTN: ADDS more details in paras 2, 6-7, 12-14; REWRITES 6th para to clarify details about support posts; TRIMS) SEOUL, March 14 (Yonhap) -- Arbitrary changes in floor construction and use of faulty concrete were mainly to blame for the deadly parti
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S. Korea ranks 10th on global top-selling product list in 2020
SEOUL, March 14 (Yonhap) -- South Korea had 77 globally top-selling products in 2020, placing 10th in the world, data showed Monday.The number of South Korea's top-selling goods was up six from a year earlier, and the country retained the No. 10
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POSCO breaks ground for key EV battery material plant
SEOUL, March 14 (Yonhap) -- South Korean steelmaker POSCO said Monday it has broken ground for a plant that will produce sold-state electrolyte (SSE), a key component in solid-state batteries.The plant in Yangsan, about 420 kilometers southeast of Se
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Arbitrary changes in floor construction, faulty concrete blamed for apartment collapse
SEOUL, March 14 (Yonhap) -- Arbitrary changes in floor construction and use of faulty concrete were mainly to blame for the deadly partial collapse of an apartment building at a construction site in South Korea's southwestern area, a government-l
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S. Korea's ICT exports surge 24 pct. in Feb. on robust chip demand
SEOUL, March. 14 (Yonhap) -- South Korea's exports of information and communication technology (ICT) products soared 24 percent in February on the back of strong global demand for chips and displays, data showed Monday.Outbound shipments of ICT p
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Top shipper HMM halts two Far East routes amid Russian invasion of Ukraine
SEOUL, March 14 (Yonhap) -- HMM Co., South Korea's leading container shipper, said Monday it has decided to temporarily suspend two Far East shipping routes in the wake of Russia's invasion of Ukraine.The decision affects HMM's shipping r
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USTR Tai to visit S. Korean-run factory to mark 10th anniversary of KORUS FTA
By Byun Duk-kunWASHINGTON, March 13 (Yonhap) -- U.S. Trade Representative (USTR) Katherine Tai and South Korean Trade Minister Yeo Han-koo will visit a factory run by a South Korean company in Michigan this week to mark the 10th anniversary of the en
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Asiana to resume Incheon-Nagoya route next month
SEOUL, March 14 (Yonhap) -- Asiana Airlines Inc. said Monday it will resume flights on the Incheon-Nagoya route next month, one year after its suspension due to the COVID-19 pandemic. Starting April 1, Asiana plans to provide one flight a week on the
Top headlines in major S. Korean newspapers
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SEOUL, March 14 (Yonhap) -- The following are the top in major South Korean newspapers on March 14.Korean-language dailies-- Ahn named transition committee chief, joint gov't takes 1st step (Kyunghyang Shinmun)-- Ahn named transition committee c
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6 in 10 firms pick job creation as top policy priority for new gov't: poll
SEOUL, March 13 (Yonhap) -- Six out of 10 South Korean companies want the incoming government of President-elect Yoon Suk-yeol to focus on creating jobs to support the economic recovery, a survey showed Sunday.Of 157 local companies, 95, or 60.5 perc
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Trade chief, lawmakers to visit U.S. this week for 10th anniv. of KORUS FTA
SEOUL, March 13 (Yonhap) -- South Korea's trade minister and some lawmakers will visit the United States this week to mark the 10th anniversary of the implementation of the two nations' free trade agreement, the trade ministry said Sunday.Tra
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Air Premia opens cargo flights to Bangkok
SEOUL, March 11 (Yonhap) -- South Korean budget carrier Air Premia Co. said Friday it has opened cargo flights to Bangkok to ride out the prolonged COVID-19 pandemic. It is Air Premia's third cargo-only international route after the carrier began
Heng Sheng Holding Group to raise 1 bln won via stock offering
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SEOUL, March 11 (Yonhap) -- Heng Sheng Holding Group Co. on Friday announced that it will sell stocks to raise 1 billion won(US$811,095). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing,
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Samsung Heavy wins 609 bln-won order in Europe
SEOUL, March 11 (Yonhap) -- Samsung Heavy Industries Co., the world's third-biggest shipbuilder by order backlog, said Friday it has received a 609 billion-won (US$494 million) container ship order in Europe.Samsung Heavy obtained the order to bu
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10 years after KORUS FTA, bilateral trade soars nearly 70 percent
SEOUL, March 11 (Yonhap) -- Trade volume of goods between South Korea and the United States grew nearly 70 percent, and bilateral investment more than doubled over the past decade since their free trade agreement, Seoul's industry ministry said F
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Korea Shipbuilding wins ship orders worth 290 bln won in Asia, Oceania
SEOUL, March 11 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Friday it has won ship orders totaling 290 billion won (US$235 million) in the Asia and Oceania regions. KSOE obtained orders to build one liquefied natural gas car
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(2nd LD) S. Korea's current account surplus dives in January amid soaring oil, commodity prices
(ATTN: ADDS BOK official's comment in para 4, details in paras 8,10) SEOUL, March 11 (Yonhap) -- South Korea continued to post a current account surplus in January, but the surplus sharply declined compared with a year earlier as imports expanded
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(LEAD) Exports grow 15 pct in first 10 days of March
(ATTN: ADDS more details from para 3)SEOUL, March 11 (Yonhap) -- South Korea's exports rose 14.9 percent in the first 10 days of March from a year earlier on the back of demand for chips and petroleum products, customs data showed Friday.The coun
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Exports grow 15 pct in first 10 days of March
SEOUL, March 11 (Yonhap) -- South Korea's exports rose 14.9 percent in the first 10 days of March from a year earlier on the back of demand for chips and petroleum products, customs data showed Friday.The country's outbound shipments stood at
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(LEAD) S. Korea's current account surplus dives in January amid soaring oil, commodity prices
(ATTN: ADDS more info in last 6 paras) SEOUL, March. 11 (Yonhap) -- South Korea continued to post a current account surplus in January, but the surplus sharply declined compared with a year earlier as imports expanded sharply amid soaring oil and com
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