BRAND

• 

  BRAND

  S. Korea to up budget on countering drug trafficking

  By Kang Yoon-seungSEJONG, April 24 (Yonhap) -- South Korea's finance ministry said Monday it plans to "sufficiently" reflect the country's efforts to root out drug trafficking activities in next year's budget. "We will e
• Samsung Biologics Q1 net income down 3.5 pct to 141.8 bln won

  BRAND

  SEOUL, April 24 (Yonhap) -- Samsung Biologics Co. on Monday reported its first-quarter net profit of 141.8 billion won (US$106.2 million), down 3.5 percent from a year earlier.The company said in a regulatory filing that it posted 191.7 billion won i
• 

  BRAND

  POSCO Future M to build new cathode plant in Pohang

  SEJONG, April 24 (Yonhap) -- POSCO Future M Co., a major South Korean battery components maker, said Monday it will build a new high-nickel cathode plant in the country's southeast to meet growing global demand.The company said its board approved
• HD Hyundai Infracore Q1 net income up 51.3 pct to 112.3 bln won

  BRAND

  SEOUL, April 24 (Yonhap) -- HD Hyundai Infracore Co. on Monday reported its first-quarter net profit of 112.3 billion won (US$84.2 million), up 51.3 percent from a year earlier.Operating income for the January-March period was 152.6 billion won, up 4
• 

  BRAND

  S. Korea, Chile discuss cooperation on green hydrogen, renewable energy

  SEOUL, April 24 (Yonhap) -- South Korea and Chile discussed ways Monday to boost cooperation on clean hydrogen and renewable energy development, the industry ministry said.The discussion was made during a meeting between Trade Minister Ahn Duk-geun a
• 

  BRAND

  S. Korean trade chief calls for stronger ties with U.S. on future industries

  SEOUL, April 24 (Yonhap) -- South Korea and the United States need to bolster corporate exchanges and cooperation in future industry fields and to make joint efforts to ensure stable global supply chains, Seoul's top trade official said Monday.Tr
• 

  BRAND

  Fashion group Hyungji to open 1st store of golfwear brand Castelbajac in LA

  SEOUL, April 24 (Yonhap) -- Fashion group Hyungji Co. said Monday it will open its first offline shop of its golfwear brand Castelbajac Co. in Los Angeles in June as part of its efforts to break into the U.S. market.The South Korean fashion group acq
• 

  BRAND

  S. Korea to host annual ADB meeting next week

  By Kang Yoon-seungSEJONG, April 24 (Yonhap) -- South Korea is set to host an annual meeting of the Asia Development Bank (ADB) in Incheon next week, the finance ministry said Monday, where Asia's No. 4 economy aims to increase its involvement in
• S. Korea to join global stress test on banking sector

  BRAND

  SEOUL, April 24 (Yonhap) -- South Korea's central bank and financial regulator said Monday that they will conduct a stress test on local banks under the guidelines offered by global banking watchdogs.The Bank of Korea and the Financial Supervisor
• 

  BRAND

  Hankook Tire supplies tires for Chinese EV maker's SUV

  SEOUL, April 24 (Yonhap) -- Hankook Tire & Technology Co., the world's seventh-largest tiremaker by sales, said Monday it has started supplying tires for Chinese electric vehicle startup Leap Motor's SUV model. Hankook Tire has been providing
• 

  BRAND

  S. Korea's whisky imports soar about 80 pct in Q1

  SEOUL, April 24 (Yonhap) -- South Korea's whisky imports shot up nearly 80 percent in the first quarter of this year on the liquor's surging popularity among young Koreans amid the coronavirus pandemic, data showed Monday.The volume of import
• 

  BRAND

  (LEAD) S. Korea puts Japan back on export 'white list' after 3 years

  (ATTN: ADDS revision to export control against Russia in last 3 paras)SEOUL, April 24 (Yonhap) -- South Korea on Monday put Japan back on its "white list" of trusted trading partners, three years after the removal, in a move to improve th
• 

  BRAND

  S. Korea puts Japan back on export 'white list' after 3 years

  SEOUL, April 24 (Yonhap) -- South Korea on Monday put Japan back on its "white list" of trusted trading partners, three years after the removal, in a move to improve their bilateral economic and diplomatic relationship, the industry minis
• Top headlines in major S. Korean newspapers

  BRAND

  SEOUL, April 24 (Yonhap) -- The following are the top in major South Korean newspapers on April 24.Korean-language dailies-- S. Korea additionally bans 789 items from being exported to Russia (Kyunghyang Shinmun)-- Ex-DP leader to return home over &
• 

  BRAND

  Airlines see spike in int'l passenger numbers in Q1 amid border reopenings

  SEOUL, April 23 (Yonhap) -- South Korean air carriers saw the number of international passengers spike sixteenfold in the first quarter from a year earlier, driven by a surge in demand amid border reopenings, government data showed Sunday. The number
• 

  BRAND

  Samsung Electronics likely headed for first quarterly loss in nearly 15 yrs: analysts

  SEOUL, April 23 (Yonhap) -- Samsung Electronics Co. is likely to post an operating loss in the second quarter on a chip downturn and decline in mobile demand, in what will be the first quarterly loss for the world's largest memory chip maker in n
• 

  BRAND

  (News Focus) S. Korea in double bind over electricity rate hike amid inflation, political issues

  SEOUL, April 23 (Yonhap) -- A month after the postponement of a decision on the second-quarter electricity rates, South Korea is still struggling with when and how much to raise utility bills due to high inflation and political burdens amid high glob
• 

  BRAND

  (LEAD) S. Korea, Japan to hold more talks on export 'white list' reinstatement next week

  (ATTN: UPDATES with more details in penultimate para)SEOUL, April 21 (Yonhap) -- South Korea and Japan will hold another face-to-face meeting in Tokyo next week to discuss their policy measures on exports of strategic and other items, as they were to
• Intellian Technologies to raise 100 bln won via stock sale

  BRAND

  SEOUL, April 21 (Yonhap) -- Intellian Technologies Inc.on Friday announced that it will sell stock to raise 100 billion won(US$75.3 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulat
• 

  BRAND

  S. Korea, Japan to hold more talks on export 'white list' reinstatement next week

  SEOUL, April 21 (Yonhap) -- South Korea and Japan will hold another face-to-face meeting in Tokyo next week to discuss their policy measures on exports of strategic and other items, as they were to put each other back on their respective list of trus