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(EDITORIAL from Korea Times on Nov. 19)

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Lack of diplomatic acumenLeading candidates hit for narrow-minded viewsDiplomatic acumen is one of the qualifications required by presidential contenders. Yet it is questionable if the leading candidates of the ruling and opposition parties have any
(EDITORIAL from Korea Herald on Nov. 19)

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Parliamentary probe threatDemocratic Party pressures Finance Ministry to draw up budgets for Lee's election pledgesThe ruling Democratic Party of Korea went too far when it put pressure on the Ministry of Economy and Finance to include presidenti
Top headlines in major S. Korean newspapers

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SEOUL, Nov. 19 (Yonhap) -- The following are the top in major South Korean newspapers on Nov. 19.Korean-language dailies-- Ruling party's presidential candidate drops calls for universal COVID-19 relief grants (Kyunghyang Shinmun)-- Ruling party
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S. Korea-led consortium wins Peru airport project

SEOUL, Nov. 19 (Yonhap) -- A South Korean-led consortium has won a 700 billion won (US$593 million) project to build a new airport in Peru by 2025, the transport ministry said Friday.Hyundai Engineering & Construction Co. (Hyundai E&C) leads the cons
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Producer prices up for 12th month in October amid high energy prices

SEOUL, Nov. 19 (Yonhap) -- South Korea's producer prices grew for the 12th straight month in October as a rise in oil and energy prices drove up the costs of factory products, central bank data showed Friday.The producer price index, a major baro
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(LEAD) SKC to invest 900 bln won for battery copper foil factory in Poland

(ATTN: CHANGES photo) SEOUL, Nov. 18 (Yonhap) -- SKC Co., a chemical unit of South Korea's No. 3 conglomerate SK Group, said Thursday it will spend 900 billion won (US$760.7 million) to build a battery copper foil factory in Poland, as part of ef
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Gov't to launch 'early warning system' on key raw materials amid supply shortage woes

SEOUL, Nov. 18 (Yonhap) -- The government said Thursday it will launch a system to monitor some 20 key raw materials, such as magnesium and tungsten, to ensure stable supplies and prevent the recurrence of a crisis similar to the urea solution supply
9 potential investors submit proposals to buy gov't stake in Woori Financial Holdings

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SEOUL, Nov. 18 (Yonhap) -- The government said Thursday that nine potential investors have officially submitted bids to buy a state-held stake in Woori Financial Holdings Co.The state-run Korea Depository Insurance Corp. (KDIC) is the largest shareho
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SKC to invest 900 bln won for battery copper foil factory in Poland

SEOUL, Nov. 18 (Yonhap) -- SKC Co., a chemical unit of South Korea's No. 3 conglomerate SK Group, said Thursday it will spend 900 billion won (US$760.7 million) to build a battery copper foil factory in Poland, as part of efforts to expand its ma
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S. Korea reviewing possible release of oil reserves after U.S. request: officials

SEOUL, Nov. 18 (Yonhap) -- South Korea is reviewing the possibility of releasing its strategic oil reserves after the United States made a request in an effort to bring down soaring energy prices, Seoul officials said Thursday. Reuters earlier report
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Hanwha Solutions buys major stake in Norwegian polysilicon producer

SEOUL, Nov. 18 (Yonhap) -- Hanwha Solutions Corp., a chemical and energy unit of South Korean conglomerate Hanwha Group, said Thursday it is acquiring a major stake in a Norwegian polysilicon producer in an effort to secure a stable supply of solar c
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(LEAD) U.S. trade chief visits S. Korea for talks on supply chains, trade pact

(ATTN: UPDATES with Tai's arrival in paras 1-2; CHANGES photo)By Oh Seok-minSEOUL, Nov. 18 (Yonhap) -- U.S. Trade Representative (USTR) Katherine Tai arrived in South Korea on Thursday for talks on pending trade issues such as supply chains for k
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S. Korea vows to further nurture automotive chip industry amid supply shortage

SEOUL, Nov. 18 (Yonhap) -- South Korea will strive to further nurture the domestic automotive semiconductor industry amid a global supply shortage of automotive chips that has disrupted the production of vehicles, the finance minister said Thursday.F
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S. Korea, ASML vow to boost cooperation in semiconductor sector

SEOUL, Nov. 18 (Yonhap) -- South Korea and ASML Holding N.V., the world's leading photolithography equipment maker, agreed Thursday to enhance cooperation for resilient supply chains of semiconductors and other key materials and equipment, Seoul&
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S. Korea to push for first commercial-scale carbon storage in East Sea gas field

SEOUL, Nov. 18 (Yonhap) -- South Korea will push for a project to install the country's first commercial-scale carbon capture storage facilities in a gas field in the East Sea as part of efforts to achieve its carbon neutrality goal, the industry
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S. Korea's overseas financial assets hit new high in Q3

SEOUL, Nov. 18 (Yonhap) -- South Korea's overseas financial assets soared to a new high in the third quarter thanks largely to increased stock investments, central bank data showed Thursday. The nation's external financial assets came to US$2
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Household income grows at fastest pace in Q3 on relief funds

By Kim Soo-yeonSEOUL, Nov. 18 (Yonhap) -- South Korean household income grew at its fastest pace in the third quarter thanks to the economic recovery and the government's emergency relief funds, data showed Thursday.The average household earned 4
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Samsung Heavy demonstrates gas liquefaction technology

By Nam Kwang-sik SEOUL, Nov. 18 (Yonhap) -- Samsung Heavy Industries Co. said Thursday that it has successfully demonstrated its gas liquefaction technology to sharpen its competitive edge for orders of floating liquefied natural gas (FLNG) facilitie
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(News Focus) Global new orders for ships likely to dwindle next year

By Nam Kwang-sik SEOUL, Nov. 18 (Yonhap) -- Global new orders for ships are predicted to slow down next year compared with this year due to a decrease in orders for container carriers, leading to a drop in new orders of South Korean shipbuilders, ind
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Auto exports dip 18 pct in October amid extended chip shortage

SEOUL, Nov. 18 (Yonhap) -- South Korea's exports of automobiles fell for the second consecutive month in October due mainly to an extended global supply shortage of automotive chips, data showed Thursday.Outbound shipments of automobiles reached