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(EDITORIAL from Korea Herald on Oct. 14)

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Thorough investigationDaejang-dong project suspicions piling up around Lee; special probe may be neededRegarding the Daejang-dong land development scandal, President Moon Jae-in on Tuesday ordered the prosecution and police to cooperate in finding ou
Top headlines in major S. Korean newspapers

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SEOUL, Oct. 14 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 14.Korean-language dailies-- Ex-PM Lee Nak-yon concedes defeat in Democratic Party presidential primary (Kyunghyang Shinmun)-- Ex-PM Lee Nak-yon concedes d
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Export prices up for 10th straight month in September

SEOUL, Oct. 14 (Yonhap) -- South Korea's export prices gained for the 10th straight month in September, driven by price hikes of energy and chemical products, central bank data showed Thursday.The country's export price index stood at 114.18
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S. Korea vows active role in building multilateralism at WTO

SEOUL, Oct. 13 (Yonhap) -- South Korea's chief trade delegate said Wednesday that Seoul will play an active role in building a multilateral trade system in line with the World Trade Organization's initiative as it continues to abide by intern
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S. Korea, Indonesia sign MOU on offshore plant service industry cooperation

SEOUL, Oct. 13 (Yonhap) -- South Korea and Indonesia agreed Wednesday to boost cooperation and exchanges in the fields of offshore plant service and maritime industries, the fisheries ministry said.South Korea's Ministry of Oceans and Fisheries a
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Samsung Heavy develops eco-friendly generator for ships

By Nam Kwang-sik SEOUL, Oct. 13 (Yonhap) -- Samsung Heavy Industries Co. said Wednesday that it has developed an eco-friendly generator in cooperation with LG Innotek Co., a local major electronics parts maker.The world's first thermo-electric ge
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POSCO's Q3 operating income at record high on robust demand

SEOUL, Oct. 13 (Yonhap) -- POSCO, the world's fifth-largest steelmaker by output, said Wednesday its third-quarter operating income more than quadrupled to a record high on robust demand amid the global economic recovery from the COVID-19 pandemi
POSCO Q3 operating earnings up 364.2 pct. to 3.11 tln won

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SEOUL, Oct. 13 (Yonhap) -- POSCO on Wednesday estimated its third-quarter operating profit at 3.11 trillion won (US$2.6 billion), up 364.2 percent from a year earlier.Sales increased 44.5 percent to 20.61 trillion won. The data for net earnings was n
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S. Korea to continue expansionary fiscal policy next year: finance minister

SEOUL, Oct. 13 (Yonhap) -- South Korea's top economic policymaker has said the government plans to maintain expansionary fiscal policy next year in a bid to prop up the economic recovery, Seoul's finance ministry said Wednesday.Finance Minist
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S. Korean shipbuilders outstripped by China in Sept. orders

By Nam Kwang-sikSEOUL, Oct. 13 (Yonhap) -- South Korean shipbuilders lagged sharply behind their Chinese rivals in terms of new orders in September, losing the top position that they had maintained for the last four months.Local shipbuilders led by H
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LG units to repay GM 1.4 tln won for Bolt EV battery recall costs

By Kim Seung-yeonSEOUL, Oct. 13 (Yonhap) -- LG Electronics Inc. and LG Energy Solution said Wednesday that they will repay General Motors Co. about 1.4 trillion won (US$1.2 billion) in costs for the recalls of Bolt electric vehicles due to battery de
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ICT exports hit fresh monthly high in September

SEOUL, Oct. 13 (Yonhap) -- South Korea's exports of information and communication technology (ICT) products reached an all-time high in September on the back of solid global demand for chips and displays, data showed Wednesday.Outbound shipments
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S. Korea holds inaugural exhibition on carbon neutrality

SEOUL, Oct. 13 (Yonhap) -- The industry ministry launched an exhibition on carbon neutrality Wednesday to promote various zero-emission products and technologies, and to explore future policy directions for the goal, officials said. The inaugural Car
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(2nd LD) Job additions largest in over 7 years in Sept. despite 4th wave of pandemic

(ATTN: UPDATES with more details in paras 5-6,15-17)By Kim Soo-yeonSEOUL, Oct. 13 (Yonhap) -- South Korea reported the largest job growth in more than seven years in September in the latest sign that the country's job recovery has continued despi
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SK signs MOU with U.S. hydrogen firm Monolith to set up joint venture in S. Korea

SEOUL, Oct. 13 (Yonhap) -- SK Inc., the holding company of South Korean conglomerate SK Group, said Wednesday it has signed an initial deal with a U.S. hydrogen maker to set up a joint venture as part of efforts to bolster its clean energy business.
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(LEAD) Job additions largest in over 7 years in Sept. despite 4th wave of pandemic

(ATTN: UPDATES with more details throughout; ADDS photo)By Kim Soo-yeonSEOUL, Oct. 13 (Yonhap) -- South Korea reported the largest job growth in more than seven years in September in the latest sign that the country's job recovery has continued d
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State industrial complexes fare better in H1 than pre-pandemic era

SEOUL, Oct. 13 (Yonhap) -- Output and exports of South Korea's state industrial complexes rose in the first half of the year from the pre-pandemic period, but their employment shrank, data showed Wednesday.Combined production of the 44 industrial
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Job additions largest in over 7 years in Sept. despite 4th wave of pandemic

By Kim Soo-yeonSEOUL, Oct. 13 (Yonhap) -- South Korea reported the largest job growth in more than seven years in September in the latest sign that the country's job recovery has continued despite the fourth wave of the pandemic, data showed Wedn
(URGENT) 671,000 jobs added in Sept., marking largest job growth in over 7 years

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(END)
4 companies to recall some 4,500 vehicles over faulty parts

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SEOUL, Oct. 13 (Yonhap) -- Volvo, Toyota Motor Korea and two other companies will voluntarily recall more than 4,500 vehicles to fix faulty components, the transport ministry said Wednesday.This is the latest in a series of recalls by carmakers in So