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BOK board members say inclusion of housing costs will heighten inflation
SEOUL, Nov. 10 (Yonhap) -- The members of the South Korean central bank's rate-setting board have voiced concerns inflation could be higher than current levels if housing costs are taken into consideration, minutes from the latest policy meeting
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(2nd LD) Job growth extended to 8th month in Oct. amid economic recovery
(ATTN: UPDATES with more details in paras 6,13,14,18-20)By Kim Soo-yeonSEOUL, Nov. 10 (Yonhap) -- South Korea reported job additions for the eighth straight month in October in the latest sign the country's economic recovery has continued despite
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China confirms plan for export process of 18,700 tons of urea for S. Korea: Seoul ministry
By Kim Eun-jung SEOUL, Nov. 10 -- China has confirmed it will go ahead with the export process of 18,700 tons of urea for South Korea in accordance with existing contracts with local firms, Seoul's foreign ministry announced Wednesday.Beijing gav
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SK Group chief discusses green biz cooperation with visiting U.S. senator
By Kim Seung-yeon SEOUL, Nov. 10 (Yonhap) -- SK Group Chairman Chey Tae-won has met with a visiting U.S. senator and discussed cooperation in green business, including electric vehicle (EV) batteries, and climate change, the conglomerate said Wednesd
(URGENT) China confirms plan for export process of 18,700 tons of urea for S. Korea: Seoul ministry
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(LEAD) Job growth extended to 8th month in Oct. amid economic recovery
(ATTN: RECASTS headline, lead; UPDATES with more details from para 6)By Kim Soo-yeonSEOUL, Nov. 10 (Yonhap) -- South Korea reported job additions for the eighth straight month in October in the latest sign the country's economic recovery has cont
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Job growth extended for 8th month in Oct. despite spike in virus cases
By Kim Soo-yeonSEOUL, Nov. 10 (Yonhap) -- South Korea reported job additions for the eighth straight month in October in the latest sign that the country's job recovery has continued despite the resurgence in COVID-19 cases, data showed Wednesday
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S. Korean exports to India drop 3.5 pct from pre-pandemic level
SEOUL, Nov. 10 (Yonhap) -- South Korea's exports to India shrank 3.5 percent in the first nine months of this year from 2019 due to import controls and a delay in the recovery of the emerging economy, a top business lobby said Wednesday.Overseas
(URGENT) 652,000 jobs added on-year in Oct., marking 8th month of job growth
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S. Korea vows role global vaccination campaign during APEC meeting
By Oh Seok-minSEOUL, Nov. 10 (Yonhap) -- South Korea has vowed to play a role in achieving the global goal of vaccinating 70 percent of the world's population against COVID-19 by the middle of next year in a move to ensure a sustainable economic
Chorokbaem Media to raise 5 bln won via stock offering
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SEOUL, Nov. 9 (Yonhap) -- Chorokbaem Media Co.on Tuesday announced that it will sell stocks to raise 5 billion won (US$4.2 million). The proceeds from the stock sale will be used mainly to finance stock acquisition.According to a regulatory filing, t
Chorokbaem Media to raise 75 bln won via stock sale
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SEOUL, Nov. 9 (Yonhap) -- Chorokbaem Media Co.on Tuesday announced that it will sell stocks to raise 75 billion won (US$63.7 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regulatory
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Hyundai names US UAM subsidiary as Supernal
SEOUL, Nov. 9 (Yonhap) -- South Korea's Hyundai Motor Group on Tuesday unveiled the name of its U.S.-based urban air mobility (UAM) subsidiary as it seeks to make a presence in the U.S. future mobility solutions market. The Washington D.C.-headqu
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(2nd LD) KT Q3 net up 47 pct on 5G growth, new tech biz
(ATTN: RECASTS headline; ADDS more info in paras 8-10, 13)SEOUL, Nov. 9 (Yonhap) -- KT Corp., a South Korean telecom giant, said Tuesday its third-quarter net income rose 46.9 percent from a year earlier on the back of robust growth of 5G network sub
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China says it is in talks with S. Korea over urea water solution
By Kim Eun-jung SEOUL/BEIJING, Nov. 9 (Yonhap) -- China has been proactively consulting with South Korea to help ease its supply shortage of urea water solution needed in diesel vehicles, Beijing's foreign ministry said Tuesday. South Korea has b
Kiwoom Securities Q3 net profit down 11.4 pct. to 233.5 bln won
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SEOUL, Nov. 9 (Yonhap) -- Kiwoom Securities Co. on Tuesday reported its third-quarter net income of 233.5 billion won (US$198.4 million), down 11.4 percent from a year earlier.Operating income for the July-September period was 320.9 billion won, down
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(LEAD) S. Korea to produce urea solution with urea secured through crackdowns
(ATTN: UPDATES with more details in paras 4-5)SEOUL, Nov. 9 (Yonhap) -- South Korea said Tuesday it has identified thousands of tons of urea held by local importers and plans to use them to produce urea water solution, a key fluid used in diesel vehi
Grand Korea Leisure remains in red in Q3
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SEOUL, Nov. 9 (Yonhap) -- Grand Korea Leisure Co. on Tuesday reported its third-quarter net loss of 23.4 billion won (US$19.9 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it continued to post an
Kangwon Land shifts to black in Q3
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SEOUL, Nov. 9 (Yonhap) -- Kangwon Land Inc. on Tuesday reported its third-quarter net income of 20.4 billion won (US$17.3 million), shifting from a loss of 40.9 billion won a year earlier.Operating profit for the July-September period was 24.3 billio
Innocean Worldwide Q3 net income up 45.8 pct. to 30.1 bln won
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SEOUL, Nov. 9 (Yonhap) -- Innocean Worldwide Inc. on Tuesday reported its third-quarter net income of 30.1 billion won (US$25.6 million), up 45.8 percent from a year earlier.The company said in a regulatory filing that it posted 39.9 billion won in o
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