BRAND

• 

  BRAND

  (LEAD) Hyundai Steel swings to black in 2021 on firm demand, price hikes

  (ATTN: RECASTS headline, lead; UPDATES throughout with details)SEOUL, Jan. 27 (Yonhap) -- Hyundai Steel Co., South Korea's No.2 steelmaker, said Thursday it swung to the black last year from a year earlier on firm demand and price hikes.Net incom
• Hyundai Steel swings to profits in 2021

  BRAND

  SEOUL, Jan. 27 (Yonhap) -- Hyundai Steel Co. on Thursday reported its 2021 net profit of 1.5 trillion won (US$1.3 billion), turning from a loss of 440.1 billion won a year earlier.The company said in a regulatory filing that it posted 2.44 trillion w
• Hyundai Steel swings to profits in Q4

  BRAND

  SEOUL, Jan. 27 (Yonhap) -- Hyundai Steel Co. on Thursday reported its fourth-quarter net profit of 336.8 billion won (US$280.1 million), turning from a loss of 267 billion won a year earlier.Operating profit for the October-December period was 772.1
• Samsung SDI 2021 net profit up 98.2 pct to 1.25 tln won

  BRAND

  SEOUL, Jan. 27 (Yonhap) -- Samsung SDI Co. on Thursday reported its 2021 net profit of 1.25 trillion won (US$1 billion), up 98.2 percent from a year earlier.The company said in a regulatory filing that operating income for the year rose 59 percent on
• Samsung SDI Q4 net income up 14.6 pct to 391.6 bln won

  BRAND

  SEOUL, Jan. 27 (Yonhap) -- Samsung SDI Co. on Thursday reported its fourth-quarter net profit of 391.6 billion won (US$325.6 million), up 14.6 percent from a year earlier.The company said in a regulatory filing that operating income for the October-D
• Samsung Engineering 2021 net income up 39.2 pct to 351.1 bln won

  BRAND

  SEOUL, Jan. 27 (Yonhap) -- Samsung Engineering Co. on Thursday reported its 2021 net profit of 351.1 billion won (US$291.9 million), up 39.2 percent from a year earlier.Operating income for the year was 503.3 billion won, up 39.3 percent on-year, the
• Samsung Engineering Q4 net income up 20.7 pct to 57.9 bln won

  BRAND

  SEOUL, Jan. 27 (Yonhap) -- Samsung Engineering Co. on Thursday reported its fourth-quarter net profit of 57.9 billion won (US$48.1 million), up 20.7 percent from a year earlier.Operating income for the October-December period was 106.7 billion won, u
• 

  BRAND

  S. Korea's rice consumption hits another low in 2021

  SEOUL, Jan. 27 (Yonhap) -- South Koreans' consumption of rice hit an all-time low in 2021, but the decreasing rate slowed on the back of a growing demand for home meals amid the COVID-19 pandemic, data showed Thursday. The average South Korean co
• 

  BRAND

  S. Korea's trade terms hit 9-yr low in Dec.

  SEOUL, Jan. 27 (Yonhap) -- South Korea's terms of trade hit the lowest level in more than nine years in December as import costs rose at a much faster clip than export prices, central bank data showed Thursday. The nation's net terms-of-trade
• 

  BRAND

  Yoon pledges to scrap capital gains tax on stocks

  SEOUL, Jan. 27 (Yonhap) -- Main opposition presidential candidate Yoon Suk-yeol pledged Thursday to scrap capital gains taxation on stocks in defiance of the Moon Jae-in government's plans.On his Facebook page, Yoon of the conservative People Pow
• 

  BRAND

  (2nd LD) Naver 2021 net surges 20 times amid pandemic

  (ATTN; UPDATES with more info throughout)By Kim Han-jooSEOUL, Jan. 27 (Yonhap) -- South Korea's top internet portal operator, Naver Corp., said Thursday its net profit jumped nearly 20 times in 2021 from the previous year on the back of the non-c
• 

  BRAND

  Retail sales rise over 11 pct in 2021 amid pandemic

  SEOUL, Jan. 27 (Yonhap) -- Retail sales in South Korea rose 11.3 percent on-year in 2021 on the back of strong appetite for consumption and growing online transactions amid the prolonged COVID-19 pandemic, the industry ministry said Thursday.The comb
• 

  BRAND

  RCEP pact to take effect for S. Korea next month

  SEOUL, Jan. 27 (Yonhap) -- The mega free trade pact of the Regional Comprehensive Economic Partnership (RCEP) will take effect for South Korea next month, the industry ministry said Thursday.In November 2020, South Korea inked the trade deal with 14
• 

  BRAND

  Hyundai Mobis invests $4 mln in U.S. radar startup

  SEOUL, Jan. 27 (Yonhap) -- Hyundai Mobis Co., South Korea's biggest auto parts maker, said Thursday it has invested US$4 million in U.S. radar startup Zendar to develop autonomous driving technologies.Through the stake investment, Hyundai Mobis a
• SsangYong signs parts supply deal with Saudi firm

  BRAND

  SEOUL, Jan. 27 (Yonhap) -- SsangYong Motor Co., the South Korean unit of Indian carmaker Mahindra & Mahindra Ltd., said Thursday it has signed a parts supply deal with a Saudi Arabian carmaker.Under the seven-year deal, SsangYong Motor will initially
• 

  BRAND

  Auto exports hit 7-year high in 2021

  SEOUL, Jan. 27 (Yonhap) -- South Korea's exports of autos rose to the highest point in seven years last year due to the low base effect and strong demand for eco-friendly cars, customs data showed Thursday.The country's outbound shipments of
• 

  BRAND

  (LEAD) S-Oil Q4 net more than triples on improved demand for petrochem

  (ATTN: ADDS more details on earnings result throughout, photo; COMBINES with story slugged S-Oil-2021 earnings; RECASTS headline, lead) SEOUL, Jan. 27 (Yonhap) -- S-Oil Corp., South Korea's No. 3 oil refiner, said Thursday its fourth-quarter net
• 

  BRAND

  (LEAD) S. Korea to take market-stabilizing steps if needed: official

  (ATTN: UPDATES with more info throughout; REWRITES headline, lead; ADDS photo)SEOUL, Jan. 27 (Yonhap) -- South Korea plans to take measures to stabilize the country's financial market when needed, a senior government official said, after the Fede
• 

  BRAND

  LG Energy Solution plunges on 1st day of trading

  By Chung Joo-wonSEOUL, Jan. 27 (Yonhap) -- South Korean giant battery maker LG Energy Solution Ltd. (LGES) on Thursday started off with tepid responses on its stock market debut, the country's largest IPO deal so far, amid concerns about the U.S.
• (URGENT) S. Korea reports 34 COVID-19 deaths, total at 6,654

  BRAND

  (END)