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(2nd LD) S. Korea's exports rise 25.8 pct in 2021 to hit all-time high

(ATTN: ADDS more details in paras 2, 8, 11-17)By Oh Seok-minSEOUL, Jan. 1 (Yonhap) -- South Korea's exports rose 25.8 percent in 2021 from the previous year to reach an all-time high on the back of solid demand for chips and petroleum products am
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(LEAD) S. Korea's exports rise 25.8 pct in 2021 to hit all-time high

(ATTN: ADDS more details in paras 3-4, 6-10)By Oh Seok-minSEOUL, Jan. 1 (Yonhap) -- South Korea's exports rose 25.8 percent in 2021 from the previous year to reach an all-time high on the back of solid demand for chips and petroleum products amid
Top headlines in major S. Korean newspapers

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SEOUL, Jan. 1 (Yonhap) -- The following are the top in major South Korean newspapers on Jan. 1.Korean-language dailies-- Need to harness wind, solar power to achieve net zero carbon emissions (Kyunghyang Shinmun)-- Social distancing extended for 2 w
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S. Korea's exports rise 25.8 pct in 2021 to hit all-time high

SEOUL, Jan. 1 (Yonhap) -- South Korea's exports rose 25.8 percent in 2021 from the previous year to reach an all-time high on the back of solid demand for chips and petroleum products amid a global economic recovery, the industry ministry said Sa
(URGENT) S. Korea's exports rise 25.8 pct in 2021 to set yearly record of US$644.5 bln.

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(LEAD) BOK sells net US$7.14 billion in market smoothing operations in Q3

(ATTN: RECASTS with more details in paras 3,5)SEOUL, Dec. 31 (Yonhap) -- The Bank of Korea (BOK) said Friday it sold a net US$7.14 billion in the third quarter to help ease fluctuations in the foreign exchange market.The third-quarter net sale of U.S
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BOK sells net US$7.14 billion in market smoothing operations in Q3

SEOUL, Dec. 31 (Yonhap) -- The Bank of Korea (BOK) said Friday it sold a net US$7.14 billion in the third quarter to help ease fluctuations in the foreign exchange market.The third-quarter net sale of U.S. dollar sharply rose compared with the second
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S. Korea to prioritize supporting pandemic-hit merchants next year: finance chief

SEOUL, Dec. 31 (Yonhap) -- Finance Minister Hong Nam-ki said Friday the government will ramp up its effort to support small merchants next year in a bid to help them tide over the economic fallout of the COVID-19 pandemic.Hong said the government wil
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Hyundai Electric sells power transformers to Oman in US$8.5 million deal

SEOUL, Dec. 31 (Yonhap) -- Hyundai Electric & Energy Systems Co., an affiliate of Hyundai Heavy Industries Group, said Friday it has exported ultrahigh-voltage power transformers to Oman's state utility provider in a deal valued at US$8.5 million
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Industry minister vows efforts for stable supply chains, economic security

SEOUL, Dec. 31 (Yonhap) -- Industry Minister Moon Sung-wook vowed Friday to make all-out efforts to ensure stable supply chains for key industry materials and to nurture next-generation sectors.He made the pledge in his message for the new year, sayi
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BOK head says to link monetary easing to economic recovery in 2021

SEOUL, Dec. 31 (Yonhap) -- South Korea's central bank will properly adjust the extent of its monetary easing to the country's economic improvement in 2022, the top central banker said Friday."The Bank of Korea will keep close tabs on th
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(2nd LD) Consumer price growth hits 10-year high this year

(ATTN: CHANGES lead; UPDATES with more details in paras 14-17, 19-20, 26)By Kim Soo-yeonSEOUL, Dec. 31 (Yonhap) -- South Korea's consumer prices grew at the fastest pace in 10 years in 2021 due to surging energy costs and high prices of farm prod
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(LEAD) Consumer price growth hits 10-year high this year

(ATTN: UPDATES with more details from para 7; ADDS photo)By Kim Soo-yeonSEOUL, Dec. 31 (Yonhap) -- South Korea's consumer prices grew at the fastest pace in 10 years in 2021 due to surging energy costs and high prices of farm products, data showe
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Consumer price growth hits 10-year high this year

By Kim Soo-yeonSEOUL, Dec. 31 (Yonhap) -- South Korea's consumer prices grew at the fastest pace in 10 years in 2021 due to surging energy costs and high prices of farm products, data showed Friday.Consumer prices rose 2.5 percent this year from
(URGENT) Consumer prices grow 2.5 pct in 2021, fastest on-year gain in 10 years

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(LEAD) Hyundai to halt local plant in Jan. for EV production

(ATTN: UPDATES with EV sales data in last para)SEOUL, Dec. 30 (Yonhap) -- Hyundai Motor Co. said Thursday it will suspend one of its seven domestic plants next month to prepare for the production of electric vehicles. Hyundai Motor will halt the Asan
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Hyundai to halt local plant in Jan. for EV production

SEOUL, Dec. 30 (Yonhap) -- Hyundai Motor Co. said Thursday it will suspend one of its seven domestic plants next month to prepare for the production of electric vehicles. Hyundai Motor will halt the Asan plant from Jan. 3-28 to upgrade the facilities
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Hanwha Solutions acquires Samsung Electro-Mechanics' telecom module biz

SEOUL, Dec. 30 (Yonhap) -- Hanwha Solutions Corp. a chemical and energy unit of South Korean conglomerate Hanwha Group, said Thursday it is acquiring the telecommunication module business of Samsung Electro-Mechanics Co. in a bid to diversify its ele
DL E&C wins 1.6 tln-won Russia plant order

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SEOUL, Dec. 30 (Yonhap) -- DL E&C, South Korea's fifth-largest builder, said Thursday it has received a 1.6 trillion-won (US$1.35 billion) order to build a gas processing plant in Russia by February 2025. DL E&C, formerly the construction divisio
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S. Korea's offshore construction orders reach US$30.6 bln in 2021: data

SEOUL, Dec. 30 (Yonhap) -- South Korean construction companies have won US$30.6 billion worth of orders from overseas this year, surpassing the $30 billion mark for the second straight year despite the prolonged coronavirus pandemic, data showed Thur