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7 chicken-processing firms fined 25.1 bln won for price fixing
SEOUL, Oct. 6 (Yonhap) -- South Korea's antitrust regulator said Wednesday it has decided to impose a combined fine of 25.1 billion won (US$21.2 million) on seven poultry-processing companies for colluding to fix prices of chickens.Harim Co. and
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(3rd LD) Inflation growth hits over 2 pct for 6th straight month in Sept.
(ATTN: ADDS more details in paras 4, 21)By Kim Soo-yeonSEOUL, Oct. 6 (Yonhap) -- South Korea's consumer prices grew more than 2 percent for the sixth consecutive month in September, due largely to high oil prices, data showed Wednesday, indicatin
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S. Korea calls for multilateral discussion on Europe's new carbon policy
By Kang Yoon-seungSEOUL, Oct. 6 (Yonhap) -- South Korea's trade ministry on Wednesday called for the members of the World Trade Organization (WTO) to hold discussions to prevent global environmental regulations, including Europe's new carbon
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Exports of agricultural goods up 12.3 pct through Sept.
By Kang Yoon-seungSEOUL, Oct. 6 (Yonhap) -- South Korea's exports of agricultural products rose 12.3 percent on-year in the first nine months of 2021 on the back of the strong popularity of "hallyu," the Korean wave of pop culture, ar
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Imported car sales down 6.6 pct in Sept on part shortages
SEOUL, Oct. 6 (Yonhap) -- Sales of imported vehicles in South Korea fell 6.6 percent in September from a year earlier due to fewer working days and supply glitch that stemmed from parts shortages, an industry association said Wednesday.The number of
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Hyundai takes over half of FCEV market in Jan.-Aug. period
SEOUL, Oct. 6 (Yonhap) -- South Korean automaker Hyundai Motor Co. took over half of the fuel cell electric vehicle (FCEV) market in the first eight months of the year, led by strong demand for its SUV model, industry data showed Wednesday.Hyundai Mo
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(2nd LD) Inflation growth hits over 2 pct for 6th straight month in Sept.
(ATTN: RECASTS lead; UPDATES with more details in paras 14-19; CHANGES photo)By Kim Soo-yeonSEOUL, Oct. 6 (Yonhap) -- South Korea's consumer prices grew more than 2 percent for the sixth consecutive month in September, due largely to high oil pri
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LG Electronics' ADAS front camera to be used in Mercedes-Benz C-Class
SEOUL, Oct. 6 (Yonhap) -- LG Electronics Inc. said Wednesday its Advanced Driver Assistance Systems (ADAS) front camera co-developed with Daimler AG will be used in Mercedes-Benz C-Class vehicles. An ADAS front camera, usually tucked between the wind
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LS Cable set to win 200 bln-won submarine cable supply deal
SEOUL, Oct. 6 (Yonhap) -- LS Cable & System, South Korea's top wire and cable maker, said Wednesday it expects to win a 200 billion-won (US$168 million) cable supply deal from Taiwan.LS Cable said it has been picked as the preferred bidder for th
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(LEAD) Seoul expresses concerns over Washington's info-sharing request on chipmakers
(ATTN: ADDS more information in paras 8-10)By Kang Yoon-seungSEOUL, Oct. 6 (Yonhap) -- South Korea's trade ministry on Wednesday expressed concerns over Washington's latest request to local chipmakers to share information on their supply chai
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(LEAD) Inflation growth hits over 2 pct for 6th straight month in Sept.
(ATTN: UPDATES with more details from para 7; ADDS photo)By Kim Soo-yeonSEOUL, Oct. 6 (Yonhap) -- South Korea's consumer prices grew more than 2 percent for the sixth consecutive month in September due to high prices of farm and oil products, dat
Inflation growth hits over 2 pct for 6th straight month in Sept.
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By Kim Soo-yeonSEOUL, Oct. 6 (Yonhap) -- South Korea's consumer prices grew more than 2 percent for the sixth consecutive month in September due to high prices of farm and oil products, data showed Wednesday, indicating a build-up of inflationary
(URGENT) Consumer prices grow 2.5 pct on-year in Sept.: statistics agency
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Seoul expresses concerns over Washington's info-sharing request on chipmakers
By Kang Yoon-seungSEOUL, Oct. 6 (Yonhap) -- South Korea's trade ministry on Wednesday expressed concerns over Washington's latest request to local chipmakers to share information on their supply chains amid growing concerns over the leak of m
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S. Korea's FX reserves hit record high in September
SEOUL, Oct. 6 (Yonhap) -- South Korea's foreign reserves rose to an all-time high in September due to a rise in profits from investment of foreign currency assets, central bank data showed Wednesday.The nation's foreign reserves came to US$46
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Seoul to closely monitor Washington's info-sharing request on chipmakers
By Kang Yoon-seungSEOUL, Oct. 5 (Yonhap) -- South Korea's industry minister said Tuesday he will closely monitor the latest request made by Washington on local chipmakers to share information on their supply chains, calling such requests "u
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DSME workers call for withdrawal of Daewoo Shipbuilding sale
By Nam Kwang-sik SEOUL, Oct. 5 (Yonhap) -- Unionized workers at Daewoo Shipbuilding & Marine Engineering Co. (DSME) on Tuesday called for the withdrawal of the shipbuilder's sale to its local rival Hyundai Heavy Industries Holdings Co. (HHIH).In
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Online shopping rises 16.8 pct in Aug. amid pandemic
SEOUL, Oct. 5 (Yonhap) -- Online shopping in South Korea grew 16.8 percent from a year earlier on solid demand for food delivery services and foodstuffs amid the protracted pandemic, data showed Tuesday.The value of online shopping transactions stood
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Hanjin Heavy bags 311 bln won order for 4 container carriers
By Nam Kwang-sikSEOUL, Oct. 5 (Yonhap) -- South Korean shipbuilder Hanjin Heavy Industries & Construction Co. said Tuesday that it has obtained a 310.5 billion won (US$261.4 million) order to build four container carriers.Under the deal with a Europe
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Daewoo Shipbuilding gets approval for design of cyber safety solutions for ship
By Nam Kwang-sikSEOUL, Oct. 5 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Tuesday that it has won approval for the design of its cyber safety solutions for ships from ABS, a US. ship quality assurance and risk management comp
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