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(2nd LD) Samsung SDI Q3 net income jumps 74.7 pct on robust EV battery sales
(ATTN: ADDS details from conference call in paras 6-7, 10, closing share price at bottom) SEOUL, Nov. 2 (Yonhap) -- Samsung SDI Co., a South Korean battery maker, said Tuesday its third-quarter net profit jumped 74.7 percent from a year earlier backe
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(2nd LD) S. Korea to push for efforts to win MSCI developed market status: minister
(ATTN: UPDATES with more details in paras 8, 10-12)LONDON/SEOUL, Nov. 2 (Yonhap) -- South Korea plans to again push to win developed market status from Morgan Stanley Capital International (MSCI), the finance minister has said, amid expectations that
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SK Group to invest US$26 bln in EV batteries, hydrogen biz in U.S.
By Kim Seung-yeon SEOUL, Nov. 2 (Yonhap) -- SK Group Chairman Chey Tae-won has vowed to spend about US$26 billion on electric vehicle (EV) batteries, hydrogen and other eco-friendly businesses in the United States in a move to join U.S. efforts to re
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S. Korea to buy back 2 tln won of state bonds to rein in yield hikes
By Kim Soo-yeonSEOUL, Nov. 2 (Yonhap) -- South Korea plans to buy back 2 trillion won (US$1.7 billion) worth of government bonds in a bid to tackle a sharp hike in bond yields, a senior government official said Tuesday.Second Vice Finance Minister Ah
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(LEAD) S. Korea to push for efforts to win MSCI developed market status: minister
(ATTN: REWRITES lead; UPDATES with more details in paras 3, 5, 6-11, 15)LONDON/SEOUL, Nov. 2 (Yonhap) -- South Korea plans to again push to win developed market status from Morgan Stanley Capital International (MSCI), the finance minister has said, a
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(LEAD) Samsung SDI Q3 net income jumps 74.7 pct on robust EV battery sales
(ATTN: UPDATES throughout with details) SEOUL, Nov. 2 (Yonhap) -- Samsung SDI Co., a South Korean battery maker, said Tuesday its third-quarter net profit jumped 74.7 percent from a year earlier backed by robust sales in electric vehicle (EV) batteri
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(3rd LD) Inflation growth hits near 10-year high in Oct. amid rising oil prices
(ATTN: ADDS BOK's assessment in paras 26-27; RECTIFIES time element in para 18 as Statistics Korea corrects the date)By Kim Soo-yeonSEOUL, Nov. 2 (Yonhap) -- South Korea's consumer prices grew at the fastest clip in almost a decade in October
Samsung SDI Q3 net income up 74.7 pct. to 420.4 bln won
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SEOUL, Nov. 2 (Yonhap) -- Samsung SDI Co. on Tuesday reported its third-quarter net profit of 420.4 billion won (US$357.6 million), up 74.7 percent from a year earlier.The company said in a regulatory filing that operating profit for the July-Septemb
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Hyundai Construction Equipment sells 42 excavators in Russia, Indonesia
By Nam Kwang-sik SEOUL, Nov. 2 (Yonhap) -- Construction machinery maker Hyundai Construction Equipment Co. said Tuesday that it has sold 42 large-scale excavators in Russia and Indonesia on the back of growing demand in the two countries. Hyundai Con
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Hankook Tire supplies tires for Nissan's Frontier pickup
SEOUL, Nov. 2 (Yonhap) -- Hankook Tire & Technology Co., the world's sixth-largest tiremaker by sales, said Tuesday it has recently begun supplying tires for Nissan Motor Corp.'s Frontier pickup truck.Hankook Tire has provided the high-perfor
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S. Korea to push for efforts to win MSCI developed market status: minister
LONDON/SEOUL, Nov. 2 (Yonhap) -- South Korea plans to again push to win developed market status from Morgan Stanley Capital International (MSCI), the finance minister has said.Finance Minister Hong Nam-ki made the remarks Monday (local time) in Londo
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Foreign investment in S. Korea spikes 5,000 times in 60 years: data
SEOUL, Nov. 2 (Yonhap) -- Foreign direct investment (FDI) pledged to the country has surged more than 5,000 times in 60 years, which helped play a key pillar of now Asia's fourth-largest economy, the industry ministry said Tuesday.In 1962, a loca
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S. Korea confirms highly pathogenic bird flu case in 7 months
SEOUL, Nov. 2 (Yonhap) -- South Korea confirmed a highly pathogenic avian influenza case in a wild bird for the first time in seven months, raising concerns over a possible transmission to poultry farms, the agriculture ministry said Tuesday.The late
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(2nd LD) Inflation growth hits near 10-year high in Oct. amid rising oil prices
(ATTN: RECASTS with more details in paras 9, 10, 13, 15, 26-27)By Kim Soo-yeonSEOUL, Nov. 2 (Yonhap) -- South Korea's consumer prices grew at the fastest clip in almost a decade in October due to last year's low base effect and surging oil pr
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(LEAD) Inflation growth hits near 10-year high in Oct. amid rising oil prices
(ATTN: UPDATES with more details from para 7)By Kim Soo-yeonSEOUL, Nov. 2 (Yonhap) -- South Korea's consumer prices grew at the fastest clip in almost a decade in October due to last year's low base effect and surging oil prices, data showed
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Sales of Hyundai's green cars to reach new landmark in Nov.
SEOUL, Nov. 2 (Yonhap) -- Hyundai Motor Co., South Korea's top automaker, said Tuesday its annual sales of eco-friendly vehicles will likely exceed 100,000 units this month amid their growing popularity here.It would mark the first time that Hyun
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New home permits jump 22.5 pct this year
SEOUL, Nov. 2 (Yonhap) -- New home permits in South Korea jumped nearly 23 percent in the first nine months of the year amid high housing prices, government data showed Tuesday.Construction permits issued for new homes came to 358,990 units in the Ja
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Inflation growth hits near 10-year high in Oct. amid rising oil prices
By Kim Soo-yeonSEOUL, Nov. 2 (Yonhap) -- South Korea's consumer prices grew at the fastest clip in almost a decade in October due to last year's low base effect and surging oil prices, data showed Tuesday, underscoring a build-up in inflation
(URGENT) Consumer prices grow 3.2 pct on-year in Oct., fastest gain in 10 years
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(Yonhap Interview) Russia hopes for resumption of cross-border logistics project with two Koreas: minister
By Kim Eun-jung SEOUL, Nov. 2 (Yonhap) -- Russia wants to work with the two Koreas to reboot a cross-border logistics project in its Far East to promote trade and economic cooperation once pandemic-era border restrictions are lifted and inter-Korean
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