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  Instant noodle makers' 2021 operating profits sink on rising costs

  SEOUL, Feb. 16 (Yonhap) -- South Korea's three major instant noodle makers saw their operating profits tumble in 2021 due largely to increased costs, their regulatory filings showed Wednesday.Nongshim Co., the leading maker of instant noodles, or
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  SEOUL, Feb. 16 (Yonhap) -- The following are the top in major South Korean newspapers on Feb. 16.Korean-language dailies-- Official presidential campaign period kicks off (Kyunghyang Shinmun)-- Lee, Yoon make pitches to voters on streets as official
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  Asiana net losses deepen in 2021 on FX losses

  SEOUL, Feb. 15 (Yonhap) -- Asiana Airlines Inc., South Korea's second-biggest carrier, said Tuesday its net losses deepened in 2021 from a year earlier due to increased foreign exchange losses and the continued impact from the pandemic. Net losse
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  Angry small merchants protest against business curfews, threaten disobedience campaign

  SEOUL, Feb. 15 (Yonhap) -- Hundreds of restaurant and other small business owners demonstrated in central Seoul on Tuesday, demanding the government lift business hour curfews and sufficiently compensate them for losses from the prolonged anti-virus
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  (LEAD) S. Korea seeks New Zealand's support for its envisioned CPTPP membership

  (ATTN: RECASTS paras 1-2 as meeting takes place; ADDS more details in paras 5, 8-9)SEOUL, Feb. 15 (Yonhap) -- South Korea asked for New Zealand's support for its push to join a mega free trade agreement in the Asia-Pacific region during a ministe
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  (LEAD) S. Korea to mobilize policy means to minimize impact from Ukraine crisis

  (ATTN: UPDATES with market close in paras 6-8)SEOUL, Feb. 15 (Yonhap) -- South Korea plans to mobilize all policy means to minimize the economic fallout of the Ukraine crisis and reduce market volatility amid growing tensions between the United State
• NCSOFT 2021 net profit down 32.5 pct to 395.7 bln won

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  SEOUL, Feb. 15 (Yonhap) -- NCSOFT Corp. on Tuesday reported its 2021 net profit of 395.7 billion won (US$329.8 million), down 32.5 percent from a year earlier.The company said in a regulatory filing that it posted 375.2 billion won in operating profi
• NCSOFT Q4 net profit up 51.7 pct. to 121.7 bln won

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  SEOUL, Feb. 15 (Yonhap) -- NCSOFT Corp. on Tuesday reported its fourth-quarter net profit of 121.7 billion won (US$101.5 million), up 51.7 percent from a year earlier.The company said in a regulatory filing that operating income for the October-Decem
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  Volvo launches all-electric C40 Recharge SUV in S. Korea

  SEOUL, Feb. 15 (Yonhap) -- Volvo Car Korea Co. on Tuesday launched the Volvo brand's first pure electric model, the C40 Recharge SUV, as part of the Swedish carmaker's electrification push. The C40 Recharge is one of seven all-electric models
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  S. Korea to mobilize policy means to minimize impacts from Ukraine crisis

  SEOUL, Feb. 15 (Yonhap) -- South Korea plans to mobilize all policy means to minimize the economic fallout of the Ukraine crisis and reduce market volatility amid growing tensions between the United States and Russia over the region, a senior governm
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  Auto exports down 6.4 pct in January amid lack of automotive chips

  SEOUL, Feb. 15 (Yonhap) -- South Korea's automobile exports fell more than 6 percent in January from a year earlier due to a global shortage of automotive chips and a high base effect, data showed Tuesday.Outbound shipments of automobiles came to
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  S. Korea seeks New Zealand's support for its envisioned CPTPP membership

  SEOUL, Feb. 15 (Yonhap) -- South Korea will ask for New Zealand's support for its push to join a mega free trade agreement in the Asia-Pacific region during an upcoming ministerial meeting, Seoul's trade ministry said Tuesday.Seoul's plan
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  Major listed firms' dividends drop 14.4 pct in 2021

  SEOUL, Feb. 15 (Yonhap) -- Dividend payouts by South Korea's major listed firms fell more than 14 percent in 2021, but seven paid out more than 1 trillion won (US$835 million), a corporate tracker said Tuesday.The combined amount of dividends by
• (EDITORIAL from Korea JoongAng Daily on Feb. 15)

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  A confused responseThe number of new infections of the Omicron variant of Covid-19 soared to more than 50,000 for five consecutive days until Monday. As critically-ill patients also shot up to more than 300 after 17 days, ICU beds are being filled up
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  Single candidacy proposal: Future negotiations face barriers to overcomeFielding a single opposition candidate has emerged as a new factor in deciding the result of the March 9 presidential election. On Sunday, Ahn Cheol-soo, the presidential candida
• (EDITORIAL from Korea Herald on Feb. 15)

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  Fund investment suspicions: Ambassador and former policy chief found to have invested in ambassador's younger brother's fundJang Ha-sung, South Korea's ambassador to China, and Kim Sang-jo, President Moon Jae-in's former chief of staf
• Top headlines in major S. Korean newspapers

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  SEOUL, Feb. 15 (Yonhap) -- The following are the top in major South Korean newspapers on Feb. 15.Korean-language dailies-- Candidates officially begin race Tuesday after earlier registering for March Election Day (Kyunghyang Shinmun)-- Gov't sta
• Import prices grow in January on higher crude oil costs

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  SEOUL, Feb. 15 (Yonhap) -- South Korea's import prices rose for the first time in three months in January as the costs of bringing in crude and other raw materials became more expensive, central bank data showed Tuesday.The import price index gai
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  (LEAD) Moon orders 'urgent' measures in response to Ukraine crisis

  (ATTN: ADDS more details, gov't responses in paras 2, 8-11, additional photo)SEOUL, Feb. 14 (Yonhap) -- President Moon Jae-in ordered the government on Monday to come up with "urgent" measures in response to the political situation in
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  Moon orders 'urgent' measures in response to Ukraine crisis

  SEOUL, Feb. 14 (Yonhap) -- President Moon Jae-in ordered the government on Monday to come up with "urgent" measures in response to the political situation in Ukraine amid fears the security crisis could hurt South Korean interests.Moon ma