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(URGENT) 369,000 jobs added on-year in 2021, largest job growth in 7 years
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Daewoo Shipbuilding wins 650 bln won offshore facility order
SEOUL, Jan. 11 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Tuesday that it has bagged a 650 billion won (US$544 million) deal to supply an offshore plant.Under the agreement with U.S. energy giant Chevron Corp., Daewoo will s
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Moon hopes new cathode plant will boost EV battery sector
SEOUL, Jan. 11 (Yonhap) -- President Moon Jae-in attended the groundbreaking ceremony for an LG Chem cathode plant in the southeastern city of Gumi on Tuesday, saying he hopes the 475 billion won (US$397 million) project will boost South Korea's
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(LEAD) Chinese boat captured for alleged false report of fish catch
(ATTN: ADDS background info in last 4 paras)SEOUL, Jan. 11 (Yonhap) -- A Chinese fishing boat has been seized for allegedly underreporting its fish catch in violation of Seoul's fishing regulations, the oceans ministry said Tuesday.The ministry
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Asiana flight grounded in Kazakhstan to return to S. Korea this week: ministry
By Kim Eun-jungSEOUL, Jan. 11 (Yonhap) -- A South Korean passenger jet that has been grounded in Kazakhstan amid an anti-government protest is expected to return home later this week once the Central Asian nation's largest airport resumes operati
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Chinese boat captured for alleged false report of fish catch
SEOUL, Jan. 11 (Yonhap) -- A Chinese fishing boat has been seized for allegedly underreporting its fish catch in violation of Seoul's fishing regulations, the oceans ministry said Tuesday.The ministry's fisheries management service seized the
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Corporate reshoring hits all-time high in 2021
SEOUL, Jan. 11 (Yonhap) -- The number of South Korean companies that returned home from their offshore operations and their investment at home hit an all-time high last year, the industry ministry said Tuesday.A total of 26 firms relocated their fact
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LG Chem to build new high-nickel cathode factory in S. Korea
SEOUL, Jan. 11 (Yonhap) -- LG Chem Ltd., South Korea's leading chemical materials producer, said Tuesday it will build a new factory in South Korea to produce high-nickel cathode materials for electric vehicle (EV) batteries as it further pushes
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Hyundai Engineering wins U.S. plant deal to build micro modular nuclear reactors
SEOUL, Jan. 11 (Yonhap) -- Hyundai Engineering Co., a plant engineering affiliate of Hyundai Motor Group, said Tuesday it has secured a deal to construct micro modular nuclear reactors (MMR) for a U.S. developer of the next-generation nuclear energy.
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Bond issuance in S. Korea down 1.8 pct in 2021
SEOUL, Jan. 11 (Yonhap) -- Bond issuance in South Korea fell 1.8 percent in 2021 from a year earlier due to decreased debt sales by the government, data showed Tuesday.The value of bonds sold in Asia's fourth-largest economy came to 829 trillion
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(2nd LD) S. Korea logs current account surplus for 19th straight month in November
(ATTN: ADDS official's comment in para 5)SEOUL, Jan. 11 (Yonhap) -- South Korea logged a current account surplus for the 19th straight month in November, but the surplus was much smaller than a year earlier due to increased imports driven by high
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SK Pharmteco eyes US$2 bln annual sales by 2025 with cell and gene therapy biz
SEOUL, Jan. 11 (Yonhap) -- SK Pharmteco Inc., a biopharmaceutical arm of South Korea's No. 3 conglomerate SK Group, aims to generate US$2 billion in annual sales in the next three years with a focus on cell and gene therapy business, its parent c
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(LEAD) S. Korea logs current account surplus for 19th straight month in November
(ATTN: ADDS BOK's annual surplus forecast in para 4)SEOUL, Jan. 11 (Yonhap) -- South Korea logged a current account surplus for the 19th straight month in November, but the surplus was much smaller than a year earlier due to increased imports dri
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(LEAD) Exports rise 24.4 pct in first 10 days of Jan.
(ATTN: UPDATES with more details from para 3; ADDS byline)By Kim Soo-yeonSEOUL, Jan. 11 (Yonhap) -- South Korea's exports grew 24.4 percent on-year in the first 10 days of January on the back of solid demand for chips, cars and petroleum products
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Exports rise 24.4 pct in first 10 days of Jan.
SEOUL, Jan. 11 (Yonhap) -- South Korea's exports grew 24.4 percent on-year in the first 10 days of January on the back of solid demand for chips, cars and petroleum products, customs data showed Tuesday.The country's outbound shipments stood
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S. Korea logs current account surplus for 19th straight month in November
SEOUL, Jan. 11 (Yonhap) -- South Korea logged a current account surplus for the 19th straight month in November, but the surplus was much smaller than a year earlier due to increased imports driven by high energy and raw material prices, central bank
(URGENT) S. Korea logs current account surplus of US$7.16 bln in November: BOK
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Top headlines in major S. Korean newspapers
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SEOUL, Jan. 11 (Yonhap) -- The following are the top in major South Korean newspapers on Jan. 11.Korean-language dailies-- Omicron accounts for over 10 pct, crisis looms for Lunar New Year holiday (Kyunghyang Shinmun)-- 32 tln won swept out of Kakao
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(2nd LD) Court OKs Edison's acquisition of SsangYong
(ATTN: UPDATES with details in paras 4-5)SEOUL, Jan. 10 (Yonhap) -- A Seoul court on Monday approved a local consortium's acquisition of SsangYong Motor Co., paving the way for the financially troubled carmaker to get back on track.On the same da
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(LEAD) Court OKs Edison's acquisition of SsangYong
(ATTN: CHANGES headline and lead; ADDS details throughout, photos)SEOUL, Jan. 10 (Yonhap) -- A Seoul court on Monday approved a local consortium's acquisition of SsangYong Motor Co., paving the way for the financially troubled carmaker to get bac
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