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Babies born drop to new low in Feb.; deaths continue to outpace births

By Kang Yoon-seung SEOUL, April 26 (Yonhap) -- The number of babies born in South Korea dropped to yet another record low level in February, data showed Wednesday, further highlighting the population crisis facing Asia's No. 4 economy.Only 19,939
Trade terms continue to fall in March on faster export price fall

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SEOUL, April 26 (Yonhap) -- South Korea's terms of trade worsened for the 24th straight month in March as export prices fell faster than import prices, central bank data showed Wednesday.The country's net terms-of-trade index for goods fell 5
Banks to keep eased stance on extending loans in Q2 on softened curbs

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SEOUL, April 26 (Yonhap) -- Banks in South Korea are expected to maintain an eased stance on extending loans in the second quarter of the year amid softened curbs on lending, a central bank survey showed Wednesday. According to the poll of financial
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POSCO Future M bags 30.3 tln-won cathode deal from LG Energy Solution

SEOUL, April 26 (Yonhap) -- Major South Korean battery components maker POSCO Future M Co. said Wednesday it has won a 30.3 trillion-won (US$22.6 billion) order to supply cathodes for LG Energy Solution Ltd., the country's top battery maker.The d
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Seoul subway application for foreigners to go into service this week

SEOUL, April 26 (Yonhap) -- Seoul Metro, the operator of the subway service in Seoul, said Wednesday it will launch a mobile application this week that will help foreigners navigate the cobweb of the metropolitan city's subway lines.The applicati
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(2nd LD) SK hynix widens quarterly losses as chip glut intensifies

(ATTN: ADDS details in 6th para, last 7 paras)SEOUL, April 26 (Yonhap) -- SK hynix Inc. said Wednesday it logged losses for the second consecutive quarter, as a worsening macroeconomic climate dented demand for semiconductors used in PCs and other di
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Trade terms continue to fall in March on faster export price fall

SEOUL, April 26 (Yonhap) -- South Korea's terms of trade worsened for the 24th straight month in March as export prices fell faster than import prices, central bank data showed Wednesday.The country's net terms-of-trade index for goods fell 5
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(LEAD) Hyundai Mobis Q1 net jumps 62 pct on high-margin parts

(ATTN: RECASTS throughout; ADDS photo)SEOUL, April 26 (Yonhap) -- Hyundai Mobis Co., South Korea's leading auto parts maker, said Wednesday its first-quarter net profit jumped 62 percent from a year earlier on increased sales of high-margin compo
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(LEAD) LG Energy Solution's Q1 profit more than doubles on strong EV demand, IRA effects

(ATTN: UPDATES with more details; ADDS photo, byline)By Kim Seung-yeon SEOUL, April 26 (Yonhap) -- LG Energy Solution Ltd. said Wednesday its first-quarter net profit more than doubled from a year earlier, in line with the earlier earnings forecast,
Hyundai Mobis Q1 net jumps 61.6 pct to 841.8 bln won

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SEOUL, April 26 (Yonhap) -- Hyundai Mobis Co. on Wednesday reported its first-quarter net income of 841.8 billion won (US$629.1 million), up 61.6 percent from a year earlier.The company said in a regulatory filing that it posted 418.1 billion won in
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(LEAD) S. Korea, U.S. sign 23 MOUs on stronger ties in batteries, nuclear power, advanced industries

(ATTN: ADDS details of MOUs in paras 5-8; CHANGES photo)SEOUL, April 26 (Yonhap) -- South Korea and the United States have signed 23 initial agreements to boost bilateral cooperation on advanced industries and energy fields, such as batteries, robots
LG Energy Solution Q1 net income up 148 pct to 562 bln won

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SEOUL, April 26 (Yonhap) -- LG Energy Solution Ltd. on Wednesday reported its first-quarter net profit of 562 billion won (US$419.6 million), up 148 percent from a year earlier.The company said in a regulatory filing that operating profit for the Jan
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SK units, KHNP sign partnership deal with U.S. nuclear company on small modular reactor

SEOUL, April 26 (Yonhap) -- Two affiliates of South Korea's SK Group have signed a partnership agreement with a U.S. nuclear company, backed by Microsoft Corp. founder Bill Gates, to collaborate on the commercialization of an advanced reactor, an
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(LEAD) Six U.S. advanced technology firms announce plan to invest $1.9 bln in S. Korea

(ATTN: UPDATES with investment decision by another U.S. company)By Lee Haye-ahWASHINGTON, April 25 (Yonhap) -- Six U.S. advanced technology firms on Tuesday announced plans to invest a combined US$1.9 billion in South Korea in the areas of hydrogen f
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Biz leaders of S. Korea, U.S. discuss advanced techs, supply chains

SEOUL, April 26 (Yonhap) -- Top business leaders of South Korea and the United States have gathered in Washington for a round of discussions on cooperation in areas like advanced technologies and global supply chains, a Seoul-based business lobby sai
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(LEAD) SK hynix widens quarterly losses as chip glut intensifies

(ATTN: CHANGES headline; RECASTS throughout; ADDS photo)SEOUL, April 26 (Yonhap) -- SK hynix Inc. said Wednesday it logged losses for the second consecutive quarter, as a worsening macroeconomic climate dented demand for semiconductors used in PCs an
SK hynix shifts to red in Q1

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SEOUL, April 26 (Yonhap) -- SK hynix Inc. on Wednesday reported its first-quarter net loss of 2.58 trillion won (US$1.9 billion), turning from a profit of 1.98 trillion won a year earlier.The company said in a regulatory filing that it posted an oper
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Big firms' R&D spending rises 14 pct in 2022 despite lower earnings

SEOUL, April 26 (Yonhap) -- Major South Korean firms' spending on research and development (R&D) swelled 14 percent in 2022 from a year earlier despite sharply decreased operating income amid an economic slowdown, a market tracker said Wednesday.
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S. Korea, U.S. sign 23 MOUs on stronger ties in batteries, nuclear power, advanced industries

SEOUL, April 26 (Yonhap) -- South Korea and the United States have signed 23 initial agreements to boost bilateral cooperation on advanced industries and energy fields, such as batteries, robots and nuclear power generation, Seoul's industry mini
(EDITORIAL from Korea Herald on April 26)

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Tricky support planGovernment must take proactive steps to prevent big disruptions in 'jeonse' marketThe massive rental fraud case in Incheon has taken a new turn as the government has opposed a proposal calling for direct state intervention,