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  (LEAD) (News Focus) Cold War-era anti-communist slogan springs back to life in presidential race

  (ATTN: RECASTS lead para)By Lee Haye-ahSEOUL, Jan. 10 (Yonhap) -- A Cold War-era slogan calling for "annihilating communism" has sprung back to life in South Korea's presidential race after a business tycoon used the expression to cri
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  (LEAD) LG Energy Solution expects to outstrip China's CATL in global EV battery market share: CEO

  (ATTN: ADDS more details from press conference from 8th para) SEOUL, Jan. 10 (Yonhap) -- LG Energy Solution Ltd. could overtake its Chinese rival and the world's No. 1 player CATL in share of the global electric vehicle (EV) battery market, given
• Court approves Edison Motors' deal to acquire embattled SsangYong Motor

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  SEOUL, Jan. 10 (Yonhap) -- A court on Monday gave its nod to electric carmaker Edison Motors Co's deal to acquire the embattled SsangYong Motor Co., according to sources. The approval by the Seoul Bankruptcy Court paved the way for Edison's p
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  LG Energy Solution expects to outstrip China's CATL in global EV battery market share: CEO

  SEOUL, Jan. 10 (Yonhap) -- LG Energy Solution Ltd. could overtake its Chinese rival and the world's No. 1 player CATL in share of the global electric vehicle (EV) battery market, given the apparent higher order backlog and other factors, its chie
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  (News Focus) Cold War-era anti-communist slogan springs back to life in presidential race

  By Lee Haye-ahSEOUL, Jan. 10 (Yonhap) -- A Cold War-era slogan calling for "annihilating communism" has sprung back to life in South Korea's presidential race, as conservatives used the word as a meme disapproving of the way the gover
• (URGENT) Court approves Edison Motors' deal to acquire embattled SsangYong Motor

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  S. Korea to hold annual meeting with IMF on economy, financial policy

  SEOUL, Jan. 10 (Yonhap) -- South Korea will begin its annual meeting with the International Monetary Fund (IMF) this week on the country's overall economic situation as well as the response to the COVID-19 pandemic, the finance ministry said Mond
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  (LEAD) SK Geocentric to build plastic waste recycling factory in S. Korea with U.S. startup

  (ATTN: CLARIFIES para 4 to state the 60,000-ton annual capacity refers to the processing capacity, not production capacity, as corrected by the company)SEOUL, Jan. 10 (Yonhap) -- SK Geocentric Co., a chemical materials unit of South Korean conglomera
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  (News Focus) S. Korea's central bank likely to raise key rate this week to tame inflation

  By Koh Byung-joonSEOUL, Jan. 10 (Yonhap) -- South Korea's central bank is widely expected to raise its key interest rate at a rate-setting meeting later this week to tame growing inflationary pressure, reflecting the U.S.' Federal Reserve'
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  Korea Shipbuilding wins ship orders worth 1.3 tln won

  SEOUL, Jan. 10 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Monday it has received 1.33 trillion won (US$1.1 billion) worth of ship orders. Korea Shipbuilding obtained three separate orders from shippers in Europe and Latin A
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  SK Geocentric to build plastic waste recycling factory in S. Korea with U.S. startup

  SEOUL, Jan. 10 (Yonhap) -- SK Geocentric Co., a chemical materials unit of South Korean conglomerate SK Group, said Monday it will build a plastic waste recycling factory in South Korea jointly with a U.S. startup as part of efforts to advance its gr
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  Sales of short-term bonds swell 20.6 pct in 2021

  SEOUL, Jan. 10 (Yonhap) -- Sales of short-term corporate bonds in South Korea jumped more than 20 percent in 2021 from a year earlier amid the coronavirus pandemic, data showed Monday.Local companies issued 1,243.7 trillion won (US$1.04 trillion) wor
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  FDI pledges made to S. Korea hit all-time high in 2021

  SEOUL, Jan. 10 (Yonhap) -- Foreign direct investment (FDI) pledges made to South Korea surged 42.3 percent in 2021 from a year earlier to reach an all-time high, data showed Monday.Foreigners pledged to invest US$29.51 billion in South Korea in 2021,
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  LX International to bring in 1,100 tons of urea from China this week

  SEOUL, Jan. 10 (Yonhap) -- LX International Corp., the general trading arm of LX Group, said Monday 1,100 tons of urea will arrive in South Korea from China this week.The shipment -- the first batch from an import contract with China for 10,000 tons
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  Instant noodle exports hit new high in first 11 months of 2021 amid pandemic

  SEOUL, Jan. 10 (Yonhap) -- South Korea's exports of instant noodles reached an all-time high in the first 11 months of 2021 on their global popularity amid the coronavirus pandemic, data showed Monday.Asia's fourth-largest economy exported US
• (EDITORIAL from Korea Times on Jan. 10)

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  Impact of rate hikesTime to prepare for US monetary tighteningThe Korean won showed its weakness against the U.S. dollar last week as the U.S. Federal Reserve signaled that it may raise its policy rate earlier and faster than previously expected to c
• Top headlines in major S. Korean newspapers

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  SEOUL, Jan. 10 (Yonhap) -- The following are the top in major South Korean newspapers on Jan. 10.Korean-language dailies-- Male vs. female, presidential candidate stokes division (Kyunghyang Shinmun)-- Unavoidable 'semifinal between Yoon, Ahn; i
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  SK invests US$350 million in U.S. gene therapy firm Center for Breakthrough Medicines

  SEOUL, Jan. 9 (Yonhap) -- SK Inc., the holding company of South Korea's No. 3 conglomerate SK Group, said Sunday that it has invested US$350 million in the Center for Breakthrough Medicines (CBM), becoming the second-largest stakeholder of the U.
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  Hyundai: half of its U.S. sales will be eco-friendly cars by 2030

  SEOUL, Jan. 9 (Yonhap) -- Hyundai Motor Co. said it aims for half of its U.S. vehicle sales to be environment friendly models by 2030 while planning to produce electric vehicles in the world's most important automobile market, a company executive
• Lotte E&C and Hyundai Engineering win orders to build giant chemical complex in Indonesia

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  SEOUL, Jan. 9 (Yonhap) -- Lotte Engineering & Construction Co. and Hyundai Engineering Co. said Sunday they have signed US$2.39 billion deals to construct a giant petrochemical complex in Indonesia.Under separate deals with Lotte Chemical Corp., Lott