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Seoul bourse to provide capital market info in English
SEOUL, Jan. 9 (Yonhap) -- South Korea's bourse operator said Sunday that it will launch a domestic capital market information portal in English this week to provide more information to foreign investors.The service, dubbed Market Data System, wil
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S. Korean economy faces heightened downside risks: KDI
SEOUL, Jan. 9 (Yonhap) -- The South Korean economy faces heightened downside risks, as the country has tightened antivirus measures to curb the spread of COVID-19 cases and the global economic recovery has slowed down, a state-run think tank said Sun
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Hyundai set to sell over 3 mln in cumulative eco-friendly car sales in H1
SEOUL, Jan. 9 (Yonhap) -- Hyundai Motor Group is expected to achieve 3 million units in accumulated environment-friendly vehicle sales in the first half, driven by new models, industry sources said Sunday. The South Korean automotive group, which has
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GS launches its venture capital for investment in promising startups
SEOUL, Jan. 9 (Yonhap) -- South Korean conglomerate GS Holdings said Sunday that it has set up a corporate venture capital (CVC) firm to invest in promising startups.GS Ventures plans to invest in local startups that focus on the new growth industrie
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Seoul stocks may come under selling pressure next week: analysts
By Chung Joo-wonSEOUL, Jan. 8 (Yonhap) -- South Korean stocks are likely to come under downward pressure next week amid concerns that the U.S. Federal Reserve's tapering policy may be harsher than expected, analysts said Saturday. The benchmark K
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S. Korea urges Indonesia to lift ban on coal exports
SEOUL, Jan. 7 (Yonhap) -- South Korea on Friday expressed concerns about Indonesia's recent ban on coal exports and urged a prompt resumption of shipments, the trade ministry said. Indonesia imposed a one-month suspension of coal exports on Jan.
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(2nd LD) Samsung Electronics likely to post record Q4 sales on upbeat chip biz
(ATTN: ADDS closing share price at bottom)SEOUL, Jan. 7 (Yonhap) -- Samsung Electronics Co. said Friday it is likely to post record quarterly sales in the fourth quarter of last year, boosted by its solid semiconductor business.The company expected t
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(2nd LD) LG Electronics forecast to see record sales in Q4 on strong home appliance biz
(ATTN: ADDS closing stock price in last para)SEOUL, Jan. 7 (Yonhap) -- LG Electronics Inc. estimated Friday its fourth-quarter sales reached a record quarterly high, apparently backed by its strong home appliance business, but the operating profit is
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Lotte Chemical unveils US$3.9 bln petrochem complex in Indonesia
SEOUL, Jan. 7 (Yonhap) -- Lotte Chemical Corp., the petrochemical unit of South Korean conglomerate Lotte Group, said Friday it is spending US$3.9 billion over the next three years to build a petrochemical complex in Indonesia. Lotte Chemical signed
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(LEAD) LG Electronics forecast to see record sales in Q4 on strong home appliance biz
(ATTN: UPDATES with details in paras 4, 9-15)SEOUL, Jan. 7 (Yonhap) -- LG Electronics Inc. estimated Friday its fourth-quarter sales reached a record quarterly high, apparently backed by its strong home appliance business, but the operating profit is
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LG Electronics forecast to see record sales in Q4 on strong home appliance biz
SEOUL, Jan. 7 (Yonhap) -- LG Electronics Inc. estimated Friday its fourth-quarter sales reached a record quarterly high, apparently backed by its strong home appliance business, but the operating profit is likely to sink due largely to increased logi
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S. Korea seeks int'l cooperation for stable resources supply chains
SEOUL, Jan. 7 (Yonhap) -- South Korea on Friday sought cooperation with partner nations to overcome current global supply chain disruptions and to seek measures to ensure stable supply chains, the industry ministry said.Trade Minister Yeo Han-koo mad
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S. Korea to boost domestic reserves of economic security-related items
SEOUL, Jan. 7 (Yonhap) -- South Korea plans to announce measures to boost the domestic reserves of key items related to economic security in the first quarter in a bid to cope with risks from strains on the global supply chain, a senior government of
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POSCO breaks ground for galvanized steel plant in China
SEOUL, Jan. 7 (Yonhap) -- POSCO, the world's fifth-largest steelmaker by output, said Friday that it has started the construction of a plant in China that will produce galvanized steel sheets to be used in making cars.The plant in Tangshan in nor
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S. Korea-Britain trade volume grows 33 pct on bilateral FTA
SEOUL, Jan. 7 (Yonhap) -- Trade volume between South Korea and Britain grew 33 percent for about one year after the implementation of a bilateral free trade deal, the industry ministry said Friday.Seoul and London clinched the bilateral free trade ag
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S. Korea to boost supply of foodstuff ahead of Lunar New Year
SEOUL, Jan. 7 (Yonhap) -- South Korea plans to increase the supply of key foodstuff needed to prepare for the Lunar New Year holiday starting next week in a bid to help tame inflationary pressure, a senior government official said Friday.The governme
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(LEAD) Samsung Electronics likely to post record Q4 sales on upbeat chip biz
(ATTN: ADDS detailed figures in paras 5-6, more analysts' forecast in paras 9-13)SEOUL, Jan. 7 (Yonhap) -- Samsung Electronics Co. said Friday it is likely to post record quarterly sales in the fourth quarter of last year, boosted by its solid se
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Samsung Electronics likely to post record Q4 sales on upbeat chip biz
SEOUL, Jan. 7 (Yonhap) -- Samsung Electronics Co. said Friday it is likely to post record quarterly sales in the fourth quarter of last year, boosted by its solid semiconductor business. The company expected the sales to hit 76 trillion won (US$63.1
(URGENT) Samsung Electronics expects Q4 sales at 76 tln won, up 23.5 pct on-year
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(END)
(URGENT) Samsung Electronics forecasts Q4 operating profit of 13.8 tln won, up 52.5 pct on-year
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(END)
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