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(LEAD) S. Korea, China, Japan ties crucial to global economic recovery: Choo
(ATTN: UPDATES with details throughout; ADDS photo)By Kang Yoon-seungINCHEON, May 2 (Yonhap) -- South Korea's finance minister said Tuesday trilateral ties with China and Japan are "crucial" not only for the three countries but also f
Naturecell to raise 11 bln won via stock offering
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SEOUL, May 2 (Yonhap) -- Naturecell Co.on Tuesday announced that it will sell stock to raise 11 billion won(US$8.2 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the company
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ADB president sees no serious downward risks for S. Korea
By Kang Yoon-seungINCHEON, May 2 (Yonhap) -- The president of the Asian Development Bank (ADB) said Tuesday he sees no serious downward risks for South Korea's economic growth, noting it is expected to rise "gradually" down the road.
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(LEAD) S. Korea eyes to expand ties with Japan on chips, battery, climate change
(ATTN: UPDATES with details in paras 8-10; ADDS photo)By Kang Yoon-seungINCHEON, May 2 (Yonhap) -- South Korea wishes to expand ties with Japan in various areas, including chips and batteries, as well as global issues, such as climate change, the fin
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SK E&S, Plug Power to invest 1 tln won for hydrogen gigafactory in S. Korea
SEOUL, May 2 (Yonhap) -- SK E&S Co., the natural gas power unit of South Korea's SK Group, said Tuesday it is spending 1 trillion won (US$747 million) with Plug Power, a U.S. hydrogen company, to build a large production facility for hydrogen-pow
S. Korea eyes to expand ties with Japan on chips, battery, climate change
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By Kang Yoon-seungINCHEON, May 2 (Yonhap) -- South Korea wishes to expand ties with Japan in various areas, including chips and batteries, as well as global issues, such as climate change, the finance minister said Tuesday, as the two countries gear
Hybe Q1 net profit up 62.2 pct to 49.8 bln won
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SEOUL, May 2 (Yonhap) -- Hybe Co. on Tuesday reported its first-quarter net profit of 49.8 billion won (US$37.1 million), up 62.2 percent from a year earlier.The company said in a regulatory filing that it posted 52.5 billion won in operating profit
Central banks of S. Korea, Indonesia sign MOU on promotion of won-rupiah transaction
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SEOUL, May 2 (Yonhap) -- The Bank of Korea (BOK) and Bank Indonesia signed a memorandum of understanding (MOU) on Tuesday to promote bilateral transactions of local currencies in a bid to facilitate bilateral trade.The preliminary deal will lay out a
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(LEAD) S. Korea's consumer prices growth slows to 3.7 percent in April on falling oil prices
(ATTN: RECASTS throughout to highlight oil prices behind slower growth; CHANGES headline)SEOUL, May 2 (Yonhap) -- South Korea's consumer prices grew at the slowest pace in more than a year in April on falling global oil prices, data showed Tuesda
S. Korea, China, Japan ties crucial to global economic recovery: Choo
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By Kang Yoon-seungINCHEON, May 2 (Yonhap) -- South Korea's finance minister said Tuesday trilateral ties with China and Japan are "crucial" not only for the three countries but also for the world amid economic uncertainties.Finance Mi
F&F Q1 net profit up 23.3 pct to 118.9 bln won
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SEOUL, May 2 (Yonhap) -- F&F Co. on Tuesday reported its first-quarter net income of 118.9 billion won (US$88.9 million), up 23.3 percent from a year earlier.Operating income for the January-March period was 148.8 billion won, up 10.6 percent from a
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S. Korea's consumer prices up 3.7 pct in April
SEOUL, May 2 (Yonhap) -- South Korea's consumer prices grew at the slowest pace in more than a year in April, data showed Tuesday, in the latest signal that inflation has receded.Consumer prices, a key gauge of inflation, rose 3.7 percent last mo
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(URGENT) S. Korea's consumer prices up 3.7 pct on-year in April
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(2nd LD) S. Korea's exports down for 7th month in April on falling chip demand
(ATTN: ADDS more figures, industry chief's comments in last 15 paras)SEOUL, May 1 (Yonhap) -- South Korea's exports fell for the seventh consecutive month in April due mainly to sagging global demand for semiconductors amid an economic slowdo
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BOK chief to attend ASEAN finance chiefs and central bankers meeting
SEOUL, May 1 (Yonhap) -- South Korea's central bank chief will attend a series of meetings of ASEAN finance ministers and central bank governors in South Korea this week to discuss a variety of issues, including current economic and financial mar
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Online sales of travel services more than double in Q1 on eased virus curbs
SEOUL, May 1 (Yonhap) -- Online sales of travel and transportation services more than doubled on-year in the first quarter of 2023 on eased COVID-19 restrictions, data showed Monday.The value of online transactions of travel and transportation servic
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SKIET to supply battery separators to China's EV battery manufacturer Sunwoda
SEOUL, May 1 (Yonhap) -- SK IE Technology Co. (SKIET), an electronics materials maker of South Korea's SK Group, said Monday that it has signed an initial deal with China's electric vehicle battery manufacturer Sunwoda to supply a battery mat
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(LEAD) S. Korea's exports down for 7th month in April on falling chip demand
(ATTN: ADDS more details throughout)SEOUL, May 1 (Yonhap) -- South Korea's exports fell for the seventh consecutive month in April due mainly to sagging global demand for semiconductors amid an economic slowdown, the industry ministry said Monday
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S. Korea's exports down for 7th month in April on falling chip demand
SEOUL, May 1 (Yonhap) -- South Korea's exports fell for the seventh consecutive month in April due mainly to sagging global demand for semiconductors amid an economic slowdown, the industry ministry said Monday.Outbound shipments fell 14.2 percen
(URGENT) S. Korea's semiconductor exports sink 41 pct in April
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