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S. Korea's exports of farm, fishery products top US$10 bln this year

SEOUL, Nov. 28 (Yonhap) -- South Korea's exports of agricultural and fishery goods exceeded the US$10 billion mark for the first time this year, led by the popularity of "hallyu," the Korean wave of pop culture, data showed Sunday.Out
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S. Korea, Uzbekistan vow to speed up negotiations for trade deal

SEOUL, Nov. 26 (Yonhap) -- South Korea and Uzbekistan agreed Friday to expedite efforts to clinch a bilateral free trade agreement and to boost cooperation on stable supply chains of key industrial items, Seoul's finance ministry said.The agreeme
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(LEAD) Doosan Heavy to raise 1.5 tln won via new share sale

(ATTN: RECASTS slug, headline and lead; UPDATES with details throughout; ADDS byline, photo) By Nam Kwang-sik SEOUL, Nov. 26 (Yonhap) -- Power plant builder Doosan Heavy Industries & Construction Co. said Friday its board of directors has decided to
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Property firm acquires entire stake in Eastar Jet

SEOUL, Nov. 26 (Yonhap) -- Property developer Sung Jung Co. said Friday it has acquired an entire stake in Eastar Jet Co. through a recent rights issue following the debt-laden budget carrier's overall stock cancellation. Under the restructuring
Doosan Heavy Industries & Construction to raise 700 bln won via stock offering

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SEOUL, Nov. 26 (Yonhap) -- Doosan Heavy Industries & Construction Co.on Friday announced that it will sell stocks to raise 700 billion won(US$586.6 million). The proceeds from the stock sale will be used mainly to pay off its debts.According to a reg
S. Korea, China to hold virtual senior-level economic talks in wake of urea supply woes

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By Kim Eun-jungSEOUL, Nov. 26 (Yonhap) -- South Korea and China will have senior-level economic talks via video links next week, the foreign ministry said Friday, in the wake of urea supply shortages here.Seoul's Second Vice Foreign Minister Choi
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Gov't to boost clean hydrogen production as No. 1 energy source by 2050

SEOUL, Nov. 26 (Yonhap) -- South Korea plans to step up the production of clean hydrogen and expand its production and consumption infrastructures to make it the country's No. 1 energy source by 2050, the industry ministry said Friday.The plans a
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S. Korea launches 'early warning system' on supply chains of 4,000 key industry items

SEOUL, Nov. 26 (Yonhap) -- South Korea on Friday launched an early warning system to monitor some 4,000 key industry materials and items to prevent the recurrence of a crisis similar to the ongoing supply crunch of urea solution used to reduce emissi
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Hyundai Construction Equipment bags big orders from Russia this month

By Nam Kwang-sikSEOUL, Nov. 26 (Yonhap) -- Construction machinery maker Hyundai Construction Equipment said Friday it has obtained orders for 534 units of construction equipment from Russia this month.The deals with unidentified Russian miners and bu
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(News Focus) Midsized shipbuilders' orders bounce back after finalizing their sale deals

By Nam Kwang-sik SEOUL, Nov. 26 (Yonhap) -- New orders for ships won by South Korea's midsized shipbuilders more than doubled in the first 10 months of the year from a year earlier after finalizing their sale deals, industry data showed. The thre
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Hyundai IONIQ 5 named 2022 German Car of the Year

SEOUL, Nov. 26 (Yonhap) -- Just six months after its launch in the German market, Hyundai Motor Co.'s all-electric IONIQ 5 has been named the 2022 German Car of the Year (GCOTY), beating four competitors, the company said Friday.In the final roun
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Foreign ownership of S. Korean land rises 1.3 pct in H1

SEJONG, Nov. 26 (Yonhap) -- Foreign ownership of South Korean land expanded 1.3 percent in the first half of the year from six months earlier, the land ministry said Friday.Foreigners owned 256.7 square kilometers of land here as of end-June, up 3.39
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Automakers showcase EVs in Seoul motor show

By Choi Kyong-aeGOYANG, South Korea, Nov. 25 (Yonhap) -- Automakers on Friday showcased a suite of electric vehicles at a Seoul motor show as they are shifting away from internal combustion engine vehicles toward zero-emission vehicles amid a global
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(LEAD) S. Korea to launch consultative body on dog meat consumption

(ATTN: ADDS more details in paras 6-7, photo) SEOUL, Nov. 25 (Yonhap) -- Prime Minister Kim Boo-kyum said Thursday the government will form a civilian-led consultative body to produce a social consensus on whether to ban dog meat consumption.Kim made
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S. Korea to sell 5.8 tln won worth of state bonds in December

SEOUL, Nov. 25 (Yonhap) -- South Korea plans to sell 5.8 trillion won (US$4.87 billion) in government bonds next month, the finance ministry said Thursday.The ministry will issue 500 billion won in Treasurys with a two-year maturity, 800 billion won
S. Korea to offer US$170 mln in loans to India to build advanced traffic management system

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SEOUL, Nov. 25 (Yonhap) -- South Korea will offer US$170 million in loans to India to help the South Asian country build an advanced traffic management system on a major highway under construction, the finance ministry said Thursday.The government ap
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Hyundai to test-run Level 4 autonomous car next year

SEOUL, Nov. 25 (Yonhap) -- Hyundai Motor Co. said Thursday it will carry out a test-run of a Level-4 autonomous vehicle in Seoul in the first half of next year as it pushes to get an edge in the future mobility service.South Korea's No. 1 automak
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(4th LD) BOK raises key rate to 1 pct to tame inflation, household debt

(ATTN: RECASTS para 2; ADDS more info in paras 7, 12, photo)SEOUL, Nov. 25 (Yonhap) -- South Korea's central bank raised its key policy rate Thursday to fight inflation and household debt, ending 20 months of the zero rate range put in place to s
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(LEAD) Cargo truckers launch 3-day strike to demand freight rate hike

(ATTN: UPDATES with more details in last four paras; CHANGES and ADDS photos)SEOUL, Nov. 25 (Yonhap) -- Unionized truck drivers launched a three-day general strike Thursday to protest rising transport costs and demand a hike in freight rates, raising
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(3rd LD) BOK raises key rate to 1 pct to tame inflation, household debt

(ATTN: ADDS BOK chief's remarks in paras 2, 7-10, last 3 paras)SEOUL, Nov. 25 (Yonhap) -- South Korea's central bank raised its key policy rate Thursday to fight inflation and household debt, ending 20 months of the zero rate range put in pla