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S. Korea aims to submit application to join CPTPP during Moon presidency: finance minister

SEOUL, Dec. 15 (Yonhap) -- Finance Minister Hong Nam-ki said Wednesday South Korea aims to submit an application to accede to a mega Asia-Pacific free trade agreement before President Moon Jae-in's five-year term ends in May next year.Hong said M
Seyoung D&C to raise 3.5 bln won via stock sale

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SEOUL, Dec. 15 (Yonhap) -- Seyoung D&C Co.on Wednesday announced that it will sell stocks to raise 3.5 billion won (US$3 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regulatory fili
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Korea Aerospace wins 180 bln-won T-50 parts supply deal

SEOUL, Dec. 15 (Yonhap) -- Korea Aerospace Industries Co. (KAI) said Wednesday it has received a 180 billion-won (US$152 million) deal to supply parts and maintenance services to the T-50 trainer jets operated by the Korean military.Under the deal si
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Regulator approves restart of nuclear reactor after maintenance

SEOUL, Dec. 15 (Yonhap) -- South Korea's nuclear safety watchdog on Wednesday approved the restart of a nuclear reactor in the country's southwestern nuclear complex that was shut down for an inspection.The Nuclear Safety and Security Commiss
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Money supply up 1.1 pct on-month in October

SEOUL, Dec. 15 (Yonhap) -- South Korea's money supply grew in October on increased savings amid higher interest rates on deposits, central bank data showed Wednesday.The country's M2, a key gauge of the money supply, stood at 3,550.6 trillion
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SK Group chief attends corporate watchdog's deliberation session over unfair biz case

SEOUL/SEJONG, Dec. 15 (Yonhap) -- SK Group Chairman Chey Tae-won on Wednesday made a rare appearance at a session by the antitrust regulator over allegations that he unfairly took huge profits from the group's 2017 purchase of a wafer manufacture
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Auto exports down 4.7 pct in Nov. amid lack of automotive chips

SEOUL, Dec. 15 (Yonhap) -- South Korea's automobile exports fell nearly 5 percent in November from a year earlier due to a global shortage of automotive chips, data showed Wednesday.Outbound shipments of automobiles came to 178,994 units last mon
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LG Chem, LG Energy Solution buy stake in Canadian battery recycling company

SEOUL, Dec. 15 (Yonhap) -- LG Chem Ltd., South Korea's largest chemical company, and its subsidiary LG Energy Solution Ltd. said Wednesday they have jointly acquired a stake in a Canadian lithium-ion battery recycling company.LG Chem and the batt
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(2nd LD) Job growth extended for 9th month in Nov. amid economic recovery

(ATTN: UPDATES with more details in paras 5, 6, 11-15; RECASTS lead)By Kim Soo-yeonSEOUL, Dec. 15 (Yonhap) -- South Korea reported job additions for the ninth straight month in November amid the economic recovery, but employments in in-person service
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(LEAD) Job growth extended for 9th month in Nov. amid economic recovery

(ATTN: UPDATES with more details from para 4; ADDS photo)By Kim Soo-yeonSEOUL, Dec. 15 (Yonhap) -- South Korea reported job additions for the ninth straight month in November in the latest sign the country's economic recovery has continued despit
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Job growth extended for 9th month in Nov. amid economic recovery

By Kim Soo-yeonSEOUL, Dec. 15 (Yonhap) -- South Korea reported job additions for the ninth straight month in November in the latest sign the country's economic recovery has continued despite the latest upsurge in COVID-19 cases, data showed Wedne
(URGENT) 553,000 jobs added on-year in Nov., marking 9th month of job growth

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(END)
(EDITORIAL from Korea Times on Dec. 15)

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Making tough decisionKorea won't join diplomatic boycott of OlympicsPresident Moon Jae-in has decided not to join the U.S.'s diplomatic boycott of the 2022 Beijing Winter Olympics over human rights abuses in China. Making such a decision was
(EDITORIAL from Korea Herald on Dec. 15)

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US signal on NKBiden's first sanction on N. Korea implies Seoul should pay attention to human rightsThe US blacklisted on Monday North Korea's new Defense Minister Ri Yong-gil, a former head of the Ministry of Social Security which is in char
Top headlines in major S. Korean newspapers

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SEOUL, Dec. 15 (Yonhap) -- The following are the top in major South Korean newspapers on Dec. 15.Korean-language dailies-- 4.9 magnitude earthquake strikes off Jeju Island (Kyunghyang Shinmun)-- Opposition presidential candidate Yoon's wife alle
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S. Korea rallies int'l support for Busan's bid for 2030 World Expo

SEOUL, Dec. 14 (Yonhap) -- South Korea on Tuesday called for the global community's support for its bid to host the 2030 World Expo in the southern port city of Busan.South Korea participated in a competitive presentation before the 170 members o
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KT&G suspends tobacco business in U.S. amid growing regulations

SEOUL, Dec. 14 (Yonhap) -- KT&G Corp., South Korea's dominant tobacco company, will suspend its tobacco business in the United States for an unspecified period, the company said in a regulatory filing Tuesday."We need to conduct a review of
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S. Korea, Vietnam to deepen cooperation for supply chain, health, vaccines

SEOUL, Dec. 14 (Yonhap) -- The top economic policymakers of South Korea and Vietnam met Tuesday and discussed ways to beef up cooperation for the stable supply of urea solution and other key items and bolster partnerships in the health and vaccine se
Senior U.S. diplomat due in Seoul for talks on economic ties, supply chain

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By Kim Eun-jungSEOUL, Dec. 14 (Yonhap) -- A senior U.S. diplomat in charge of economic and trade policy is scheduled to visit Seoul this week to discuss cooperation on supply chain, technology, healthcare and other sectors, Seoul's foreign minist
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LG Energy Solution joins hands with Siemens on smart factory technologies

SEOUL, Dec. 14 (Yonhap) -- South Korean battery maker LG Energy Solution Ltd. said Tuesday it has signed a deal with Siemens Korea to work together to turn its battery plants into smart factories to upgrade the manufacturing process.Under the memoran