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  Bank mortgage rates hit near 10-year high in Jan.

  SEOUL, March 3 (Yonhap) -- South Korean banks' mortgage rates hit the highest level in about 10 years in January amid rising borrowing costs, central bank data showed Thursday.Banks' mortgage loan rate averaged 3.85 percent per year in Januar
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  Ukraine crisis feared to have extensive impact on S. Korean economy: finance chief

  SEOUL, March 3 (Yonhap) -- Finance Minister Hong Nam-ki said Thursday the ongoing crisis surrounding Ukraine is forecast to have significant impacts on the South Korean economy, vowing to seeking every policy means to overcome the difficulties.The go
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  Samsung's presence in smartphone chipset market drops in Q4: report

  SEOUL, March 3 (Yonhap) -- Samsung Electronics Co.'s share in the smartphone chipset market dropped in the fourth quarter, research showed Thursday, amid efforts to restructure the company's smartphone portfolio strategy.The South Korean tech
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  Korea Shipbuilding wins 1.56 tln won ship orders

  SEOUL, March 3 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has received 1.56 trillion won (US$1.29 billion) worth of ship orders in Europe and Latin America.Korea Shipbuilding obtained orders to build three lique
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  (2nd LD) BOK maintains 4 pct growth estimate for 2021, inches up Q4 estimate to 1.2 pct

  (ATTN: ADDS finance minister's comments in last 2 paras)SEOUL, March 3 (Yonhap) -- South Korea's central bank maintained its earlier 2021 economic growth estimate Thursday but slightly increased its estimate for the fourth quarter, citing lar
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  Kia to launch 14 all-electric models by 2027

  SEOUL, March 3 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker, said Thursday it will launch 14 electric vehicles by 2027 and sell 1.2 million EVs in global markets in 2030. To beef up the EV lineup and achieve the sales target, Kia
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  S. Korea, Mexico agree to resume talks on free trade deal

  SEOUL, March 3 (Yonhap) -- South Korea and Mexico have agreed to resume negotiations to forge a bilateral free trade agreement 14 years after their suspension, Seoul's trade ministry said Thursday.The two nations began talks on a strategic econom
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  S. Korea says mobile phones, other consumer goods not under U.S.' export curbs on Russia

  SEOUL, March 3 (Yonhap) -- Mobile phones, cars and other consumer goods are not subject to the United States' sweeping restrictions on exports to Russia, South Korea's trade ministry said Thursday.Last week, the U.S. government announced the
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  Samsung heir cleared of tax evasion allegations

  SEOUL, March 3 (Yonhap) -- Samsung Group heir Lee Jae-yong has been cleared of allegations that he evaded taxes through the establishment of a paper company in the British Virgin Islands, according to police Thursday.The financial crime unit of the S
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  (LEAD) BOK maintains 4 pct growth estimate for 2021, inches up Q4 estimate to 1.2 pct

  (ATTN: ADDS more info from 5th para, photo)SEOUL, March 3 (Yonhap) -- South Korea's central bank maintained its earlier 2021 economic growth estimate Thursday but slightly increased its estimate for the fourth quarter, citing larger-than-expected
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  Coupang closes 2021 with record sales, operating loss

  By Chung Joo-won SEOUL, March 3 (Yonhap) -- South Korean e-commerce giant Coupang Inc. said Thursday that its annual sales revenue and operating loss shot up to an all-time record last year due to increased costs from expansion and the pandemic.Coupa
• BOK maintains 4 pct growth estimate for 2021, inches up Q4 estimate to 1.2 pct

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  SEOUL, March 3 (Yonhap) -- South Korea's central bank maintained its earlier 2021 economic growth estimate Thursday but slightly increased its estimate for the fourth quarter, citing larger-than-expected exports.South Korea's economy grew 4 p
• (URGENT) BOK maintains 4 pct growth estimate for 2021, inches up Q4 estimate to 1.2 pct

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• Top headlines in major S. Korean newspapers

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  SEOUL, March 3 (Yonhap) -- The following are the top in major South Korean newspapers on March 3.Korean-language dailies-- Lee, Yoon confront each other on feminism, Daejangdong during last debate before election (Kyunghyang Shinmun)-- Lee demands s
• NH Investment & Securities to raise 400 bln won via stock sale

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  SEOUL, March 2 (Yonhap) -- NH Investment & Securities Co.on Wednesday announced that it will sell stocks to raise 400 billion won (US$331.6 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a
• S. Korea to handle US$700 mln Bangladesh power grid project

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  SEOUL, March 2 (Yonhap) -- South Korea has won the exclusive rights to push ahead with a US$700 million power infrastructure project in Bangladesh, the transport ministry said Wednesday.The country will be in a primary position to plan the project to
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  GM Korea's Feb. sales fall 19 pct amid chip shortages

  SEOUL, March 2 (Yonhap) -- GM Korea Co. said Wednesday sales fell 19 percent last month from a year earlier amid continued chip shortages. The South Korean unit of General Motors Co. sold 22,851 vehicles in February, down from 28,246 units a year ago
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  Kia's Feb. sales rise 4.7 pct on improved chip supplies

  SEOUL, March 2 (Yonhap) -- Kia Corp., South Korea's second-largest automaker, said Wednesday its sales rose 4.7 percent last month from a year earlier, helped by improved chip supplies and new models.Kia said it sold 221,152 vehicles in February,
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  Renault Samsung's Feb. sales jump 57 pct on strong exports

  SEOUL, March 2 (Yonhap) -- Renault Samsung Motors Corp., the South Korean unit of Renault S.A., said Wednesday its vehicle sales jumped 57 percent last month from a year earlier on increased exports. Renault Samsung sold 11,513 vehicles in February,
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  Hyundai's Feb. sales rise 1.4 pct despite chip shortage

  SEOUL, March 2 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker, said Wednesday its sales rose 1.4 percent last month from a year earlier despite global chip shortages.Hyundai Motor sold 304,613 vehicles in February, up from 300,514