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(2nd LD) S. Korea's consumer prices slow for 4th month in May
(ATTN: UPDATES with details throughout)By Kang Yoon-seungSEOUL, June 2 (Yonhap) -- South Korea's consumer prices growth slowed for the fourth consecutive month in May from a year ago, data showed Friday, in yet another signal that the country'
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(LEAD) S. Korea's economy grows 0.3 pct in Q1, unchanged from earlier estimate: BOK data
(ATTN: ADDS more details in last 2 paras)SEOUL, June 2 (Yonhap) -- South Korea's economy grew 0.3 percent in the first quarter of this year, unchanged from an earlier estimate, largely thanks to a sustained recovery in private spending amid an ex
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Hyundai, Kia U.S. sales rise 21 pct on SUVs in May
SEOUL, June 2 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Friday their combined sales in the United States rose 21 percent in May from a year earlier on strong demand for their sport utility vehicles.Last month, Hyundai and Kia sol
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S. Korea showing signs of export recovery: finance minister
By Kang Yoon-seungSEOUL, June 2 (Yonhap) -- South Korean exports are showing some signs of a recovery on the back of rising demand from China and increasing outbound shipments of semiconductors, the finance minister said Friday.South Korea's expo
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Middle-class hit hardest by 2022 inflation: data
By Kang Yoon-seungSEOUL, June 2 (Yonhap) -- South Korea's middle class experienced a heavier burden from the country's steep inflation in 2022 compared with the lower- and upper-income brackets, data showed Friday.According to an experimental
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(LEAD) S. Korea's consumer prices slow for 4th month in May
(ATTN: UPDATES with details throughout)By Kang Yoon-seungSEOUL, June 2 (Yonhap) -- South Korea's consumer prices growth slowed for the fourth consecutive month in May from a year ago, data showed Friday, in yet another signal that the country'
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S. Korea's economy grows 0.3 pct in Q1, unchanged from earlier estimate: BOK data
SEOUL, June 2 (Yonhap) -- South Korea's economy grew 0.3 percent in the first quarter of this year, unchanged from an earlier estimate, largely thanks to a sustained recovery in private spending amid an extended slowdown in exports, central bank
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S. Korea's consumer prices slow for 4th month in May
SEOUL, June 2 (Yonhap) -- South Korea's consumer prices growth slowed for the fourth consecutive month in May from a year ago, data showed Friday, in yet another signal that the country's inflation has passed its peak.Consumer prices, a key g
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(URGENT) S. Korea's consumer prices up 3.3 pct on-year in May
(END)
(URGENT) S. Korea's economy grows 0.3 pct in Q1, unchanged from earlier estimate: BOK data
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(END)
Top headlines in major S. Korean newspapers
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SEOUL, June 2 (Yonhap) -- The following are the top in major South Korean newspapers on June 2.Korean-language dailies-- N. Korea's Kim Yo-jong decries criticism of satellite launch as 'gangster-like' logic; S. Korea says, 'Don't
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Financial authorities to provide support for massive home rental scam victims
SEOUL, June 1 (Yonhap) -- South Korea's financial authorities said Thursday they will provide a set of financial support measures to offer interest-free and low-interest loans to victims of a massive home rental scam scandal. Under the support pl
Dragonfly GF to raise 1 bln won via stock offering
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SEOUL, JUNE 1 (Yonhap) -- Dragonfly GF Co.on Thursday announced that it will sell stock to raise 1 billion won(US$756,658). The proceeds from the stock sale will be used mainly to finance stock acquisition.According to a regulatory filing, the compan
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Kia's May sales rise 14 pct on strong SUV demand
SEOUL, May 2 (Yonhap) -- Kia Corp., South Korea's second-largest automaker, said Thursday its sales rose 14 percent last month from a year earlier on increased sales of sport utility vehicle models. Kia, a smaller affiliate of Hyundai Motor Co.,
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Hyundai Motor's May sales rise 7.8 pct on high-end, SUV models
SEOUL, June 1 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker, said Thursday its sales rose 7.8 percent last month from a year earlier helped by high-end and sport utility vehicle models. Hyundai Motor sold 349,194 vehicles in May,
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GM Korea's May sales more than double on strong exports
SEOUL, June 1 (Yonhap) -- GM Korea Co., the South Korean unit of General Motors Co., said Thursday its sales more than doubled last month from a year earlier, helped by strong exports.GM Korea sold a total of 40,019 vehicles in May, up from 15,700 un
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Renault Korea's May sales jump 76 pct as exports soar
SEOUL, June 1 (Yonhap) -- Renault Korea Motors, the South Korean unit of Renault S.A., said Thursday its sales jumped 76 percent last month from a year earlier helped by sharply increased exports. Renault Korea sold 15,154 vehicles in May, up from 8,
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KG Mobility's May sales rise 19 pct on SUV models
SEOUL, June 1 (Yonhap) -- KG Mobility, formerly SsangYong Motors, said Thursday its sales rose 19 percent last month from a year earlier on increased sales of its SUV models.KG Mobility sold 9,830 vehicles in May, up from 8,282 units a year earlier,
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Hyundai completes 1st overseas hydrogen systems plant in China
SEOUL, June 1 (Yonhap) -- Hyundai Motor Group said Thursday it has completed its first overseas hydrogen fuel-cell systems plant in China in a move to make inroads into the local hydrogen vehicle market.In March 2021, Hyundai Motor began construction
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S. Korea to sell 6 tln won in Treasury bills in June
SEOUL, June 1 (Yonhap) -- South Korea plans to sell 6 trillion won (US$4.54 billion) worth of Treasury bills this month to fund fiscal spending, the finance ministry said Thursday.The bills, which have a maturity of 63 days, will be sold in four sepa
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