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Daewoo Shipbuilding develops carbon dioxide storage technology

By Nam Kwang-sik SEOUL, Sept. 16 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has developed a technology to store carbon dioxide captured in ship engine emissions. The technology developed in cooperation with a loc
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Trade between Seoul, London remains bullish on bilateral FTA

By Kang Yoon-seungSEOUL, Sept. 16 (Yonhap) -- South Korea's trade ministry said Thursday it has been maintaining robust trade with Britain on the back of their free trade agreement (FTA), which was revamped earlier this year, despite London's
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Fishery good exports up 18 pct through Aug.

By Kang Yoon-seungSEOUL, Sept. 16 (Yonhap) -- South Korea's exports of fishery products rose nearly 18 percent on-year in the first eight months of 2021 amid the pandemic, data showed Thursday. Outbound shipments of fishery products reached US$1.
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Shareholders approve SK Innovation's battery biz spin-off

By Kim Eun-jungSEOUL, Sept. 16 (Yonhap) -- SK Innovation Co. said Thursday it has received shareholders' approval to split off its battery unit to focus on new growth drivers. With the approval, the refinery-to-battery subsidiary under South Kore
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S. Korea to up self-sufficiency of grains, cut carbon emissions at farms

By Kang Yoon-seungSEOUL, Sept. 16 (Yonhap) -- South Korea unveiled its new blueprint for the agricultural industry, which centers on expanding its self-sufficiency of major grains while cutting emissions of carbon from local farms."The disrupti
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Convenience store chain E-Mart24 to open 4th outlet in Malaysia

SEOUL, Sept. 16 (Yonhap) -- E-Mart24 Inc., the convenience store arm of South Korean retail giant Shinsegae, said Thursday it will open its fourth store in Malaysia late this month as part of its overseas push.The new outlet, slated to open at the en
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Samsung Heavy wins 841 bln won order for 6 container carriers

By Nam Kwang-sikSEOUL, Sept. 16 (Yonhap) -- Samsung Heavy Industries Co. said Thursday it has signed an 841 billion won (US$720 million) deal with a European company to build six container carriers.Under the deal, Samsung Heavy will deliver the vesse
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Samsung Display begins mass-production of 90Hz OLED laptop panels

SEOUL, Sept. 16 (Yonhap) -- Samsung Display Co. said Thursday it has begun mass-production of laptop OLED screens boasting 90Hz refresh rate as the South Korean display maker eyes to beef up presence in the OLED panel market. Samsung Display, , an af
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Samsung signs partnership with Louvre for art subscription service on TV

SEOUL, Sept. 16 (Yonhap) -- Samsung Electronics Co. said Thursday it has signed a partnership with the Louvre, the renowned art museum in Paris, to expand its art subscription service on TV amid the pandemic-driven stay-at-home trend. Under the deal,
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State funds to rollover debts owed by pandemic-hit merchants, small firms

SEOUL, Sept. 16 (Yonhap) -- Finance Minister Hong Nam-ki said Thursday that state-backed funds will extend loan maturity and rollover interest payments again for smaller firms and merchants hit hard by the pandemic.State-run agencies and funds set up
Top headlines in major S. Korean newspapers

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SEOUL, Sept. 16 (Yonhap) -- The following are the top in major South Korean newspapers on Sept. 16.Korean-language dailies-- Anxious to supply homes, gov't eases building regulations on studio apartments (Kyunghyang Shinmun)-- Since prosecution
5 companies to recall some 300 vehicles over faulty parts

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SEOUL, Sept. 16 (Yonhap) -- Volvo Cars Korea, Toyota Motor Korea Co. and three other companies will voluntarily recall some 300 vehicles to fix faulty components, the transport ministry said Thursday.This is the latest in a series of recalls by carma
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Consumer financing firms' profit soars in H1 on stock rally

SEOUL, Sept. 16 (Yonhap) -- Consumer financing firms in South Korea saw their combined net profit jump 50 percent on-year in the first half, supported by strong gains from stock rallies and a modest gain in interest income, data showed Thursday. The
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(LEAD) Local EV maker, 2 others submit bids for SsangYong Motor

(ATTN: ADDS details throughout)SEOUL, Sept. 15 (Yonhap) -- A South Korean consortium led by electric vehicle maker Edison Motors Co. and two others have submitted bids for SsangYong Motor Co., the deal's lead manager said Wednesday. An official a
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Samsung's presence in the premium smartphone market declines in Q2: report

SEOUL, Sept. 15 (Yonhap) -- Samsung Electronics Co.'s share in the premium smartphone market declined in the second quarter of the year as Apple Inc. solidified its leadership. The South Korean tech giant logged a share of 17 percent in the premi
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Local EV maker, 2 others submit bids for SsangYong Motor

SEOUL, Sept. 15 (Yonhap) -- A South Korean consortium led by electric vehicle maker Edison Motors Co. and two others have submitted bids for SsangYong Motor Co., the deal's lead manager said Wednesday. An official at EY Hanyoung accounting firm c
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Galaxy Watch's blood pressure monitoring could help Parkinson's disease patients: study

SEOUL, Sept. 15 (Yonhap) -- Samsung Electronics Co. said Wednesday a study showed Galaxy Watch's blood pressure monitoring could help Parkinson's disease (PD) patients as the company emphasizes health and fitness features of its smartwatches.
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S. Korea closely monitoring Typhoon Chanthu's impact on farms

By Kang Yoon-seungSEOUL, Sept. 15 (Yonhap) -- South Korea's agricultural ministry called Wednesday for local farms to thoroughly inspect their readiness against Typhoon Chanthu, which is expected to bring heavy rains in southern regions this week
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Kakao founder faces possible probe over alleged violation of fair trade act

SEOUL, Sept. 15 (Yonhap) -- South Korea's antitrust regulator may file a complaint with the prosecution against the founder of internet giant Kakao Corp., as it is reviewing punitive actions against him over alleged violation of the fair trade ac
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(LEAD) Hyundai Motor, LG Energy break ground for battery factory in Indonesia

(ATTN: UPDATES details in third para; CHANGES photo)By Kim Eun-jungSEOUL, Sept. 15 (Yonhap) -- South Korean automaker Hyundai Motor Group and battery maker LG Energy Solution Ltd. said Wednesday they have begun construction of a new electric vehicle