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E-commerce grocer Market Kurly seeking domestic IPO
SEOUL, Oct. 29 (Yonhap) -- South Korean online grocery delivery platform Market Kurly said Friday it aims to go public in the domestic market in 2022 as part of efforts to help hone its competitiveness.Market Kurly said it has picked NH Investment an
Card spending up in Q3 amid fast vaccination
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SEOUL, Oct. 29 (Yonhap) -- Card spending in South Korea grew in the third quarter from a year earlier as consumer sentiment improved amid expanded vaccination and relaxed social distancing rules, industry data showed Friday.Card spending came to abou
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(LEAD) SK Innovation swings to black in Q3 on strong lube oil, battery sales
(ATTN: RECASTS throughout with more details; CHANGES headline; ADDS photo) By Kim Seung-yeonSEOUL, Oct. 29 (Yonhap) -- SK Innovation Co. said Friday it turned to the black in the third quarter from a year earlier on strong sales in its lubricant oil
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Auto exports growth sharply slows in Q3 on chip woes
SEOUL, Oct. 29 (Yonhap) -- The growth of South Korea's exports of autos sharply slowed in the third quarter from three months earlier as disruptions of the global supply of auto chips dented vehicle output, data showed Friday.The country's ou
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(2nd LD) Production, consumption rebound in Sept. despite resurgence in virus cases
(ATTN: UPDATES with more details in paras 9, 16, 19-24)By Kim Soo-yeonSEOUL, Oct. 29 (Yonhap) -- South Korea's industrial output and retail sales rebounded in September in the latest sign that economic recovery momentum has been maintained despit
SK Ie Technology turns to black in Q3
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SEOUL, Oct. 29 (Yonhap) -- SK Ie Technology Co. on Friday reported its third-quarter net profit of 36.1 billion won (US$30.8 million), turning from a loss of 5.4 billion won a year earlier.The company said in a regulatory filing that operating profit
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U.S. state of Georgia hails SKC's substrate plant investment
ATLANTA, Oct. 28 (Yonhap) -- The U.S. state of Georgia on Thursday welcomed SKC Co.'s decision to build a glass-based substrate plant there, saying it would help create jobs.Hailing SKC's decision as an unprecedented big project, Georgia Gov.
SK Innovation turns to black in Q3
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SEOUL, Oct. 29 (Yonhap) -- SK Innovation Co. on Friday reported its third-quarter net income of 511 billion won (US$436.6 million), shifting from a loss of 16.1 billion won a year earlier.Operating profit for the July-September period was 618.5 billi
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(LEAD) Production, consumption rebound in Sept. despite resurgence in virus cases
(ATTN: UPDATES with more details throughout; ADDS photo)By Kim Soo-yeonSEOUL, Oct. 29 (Yonhap) -- South Korea's industrial output and retail sales rebounded in September in the latest sign that economic recovery momentum has been maintained despi
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(LEAD) Biz sentiment remains subdued for Nov. amid high energy prices, supply disruptions: poll
(ATTN: ADDS separate survey by KERI in last 7 paras, images)SEOUL, Oct. 29 (Yonhap) -- South Korea's business sentiment remained subdued for November as concerns over higher oil prices and global supply disruptions offset optimism over a rebound
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Production, consumption rebound in Sept. despite resurgence in virus cases
By Kim Soo-yeonSEOUL, Oct. 29 (Yonhap) -- South Korea's industrial output and retail sales rebounded in September in the latest sign that economic recovery momentum has been maintained despite the fourth wave of the pandemic, data showed Friday.I
(URGENT) Industrial output grows 1.3 pct on-month in Sept.: statistics agency
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Biz sentiment remains subdued for Nov. amid high energy prices, supply disruptions: poll
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SEOUL, Oct. 29 (Yonhap) -- South Korea's business sentiment remained subdued for November as concerns over higher oil prices and global supply disruptions offset optimism over a rebound in demand amid eased antivirus curbs, a central bank survey
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Samsung Heavy to sell new shares to 6 group affiliates
By Nam Kwang-sik SEOUL, Oct. 28 (Yonhap) -- Samsung Heavy Industries Co. said Thursday it will allot part of new shares to six Samsung Group affiliates, including Samsung Electronics Co. Samsung Heavy Industries, suffering from continued losses, plan
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S. Korean companies account for 33.8 pct of global battery market in Jan.-Sept.: report
SEOUL, Oct. 28 (Yonhap) -- The combined global market share of three major South Korean battery makers fell slightly in the first nine months of this year from a month earlier, amid toughening competition with bigger Chinese rivals, a report showed T
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(LEAD) HHIH Q3 net profit up 28.6 pct on equity gains in shipbuilding units
(ATTN: RECASTS throughout with details; CHANGES headline; ADDS photo) SEOUL, Oct. 28 (Yonhap) -- Hyundai Heavy Industries Holdings Co. (HHIH) said Thursday that its third-quarter net income rose 28.6 percent from a year earlier on gains from equity i
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(2nd LD) S-Oil Q3 net soars elevenfold on strong petrochem sales
(ATTN: ADDS closing stock price at bottom) By Kim Seung-yeonSEOUL, Oct. 28 (Yonhap) -- S-Oil Corp., South Korea's No. 3 oil refiner, said Thursday its net income surged by elevenfold in the third quarter from a year earlier, driven by strong sale
BNK Financial Group Q3 net profit up 94.2 pct. to 286.2 bln won
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SEOUL, Oct. 28 (Yonhap) -- BNK Financial Group Inc. on Thursday reported its third-quarter net profit of 286.2 billion won (US$244.6 million), up 94.2 percent from a year earlier.The company said in a regulatory filing that operating income for the J
Zinus Q3 net profit down 10 pct. to 17.7 bln won
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SEOUL, Oct. 28 (Yonhap) -- Zinus Inc. on Thursday reported its third-quarter net profit of 17.7 billion won (US$15.2 million), down 10 percent from a year earlier.The company said in a regulatory filing that it posted 19.7 billion won in operating pr
Hyundai Glovis Q3 net income up 12.8 pct. to 183.1 bln won
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SEOUL, Oct. 28 (Yonhap) -- Hyundai Glovis Co. on Thursday reported its third-quarter net profit of 183.1 billion won (US$156.5 million), up 12.8 percent from a year earlier.The company said in a regulatory filing that operating income for the July-Se
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