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HL Mando Q1 net income up 31.3 pct to 43.7 bln won

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SEOUL, April 21 (Yonhap) -- HL Mando Co. on Friday reported its first-quarter net profit of 43.7 billion won (US$32.9 million), up 31.3 percent from a year earlier.The company said in a regulatory filing that operating profit for the January-March pe
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S. Korean carmakers' global market share falls to 7.3 pct in 2022

SEOUL, April 21 (Yonhap) -- South Korean carmakers' global market share inched down in 2022 from a year earlier due largely to weaker sales in China and Russia, industry data showed Friday. Local automakers accounted for 7.3 percent of vehicle sa
Hyundai E&C Q1 net income down 17.8 pct to 150.5 bln won

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SEOUL, April 21 (Yonhap) -- Hyundai Engineering & Construction Co. on Friday reported its first-quarter net profit of 150.5 billion won (US$113.2 million), down 17.8 percent from a year earlier.Operating income for the January-March period was 173.5
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Samsung's unionized workers to bring wage dispute to gov't arbitration commission

SEOUL, April 21 (Yonhap) -- Samsung Electronics Co.'s unionized workers said Friday they will bring a labor dispute with the tech giant to the state labor relations commission for arbitration."Despite record high earnings, the management ha
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S. Korea to root out 'dark pattern' sales tactics online

By Kang Yoon-seungSEOUL April 21 (Yonhap) -- South Korea's antitrust regulator said Friday it plans to revamp policies to root out "dark pattern" sales tactics online that have not been properly monitored in the past.The term refers t
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Expo opens for rural resettlement

SEOUL, April 21 (Yonhap) -- Yonhap News Agency, South Korea's key wire service, on Friday began an annual exposition aimed at helping urban dwellers seek new opportunities in the farming business and resettle in rural regions.The three-day Y-Farm
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(LEAD) Exports down 11 pct during first 20 days of April

(ATTN: UPDATES with details throughout)By Kang Yoon-seungSEOUL, April 21 (Yonhap) -- South Korea's exports fell 11 percent on-year in the first 20 days of April, data showed Friday, amid the prolonged slump in the global chip industry. The countr
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8 firms to recall some 30,000 vehicles over faulty parts

SEOUL, April 21 (Yonhap) -- Hyundai Motor Co. and seven foreign carmakers will voluntarily recall around 30,000 vehicles to fix faulty components, the transport ministry said Friday.The companies -- Hyundai, Mercedes-Benz, Tesla, Honda, Stellantis, C
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S. Korea to provide 50,000 tons of rice to 6 poverty-hit nations

SEOUL, April 21 (Yonhap) -- South Korea has decided to donate 50,000 tons of rice to six countries suffering from poverty and food shortages, the agriculture ministry said Friday.The rice will be sent to Yemen, Ethiopia, Kenya, Uganda, Syria and Afgh
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Exports down 11 pct during first 20 days of April

SEOUL, April 21 (Yonhap) -- South Korea's exports fell 11 percent on-year in the first 20 days of April, data showed Friday, amid the prolonged slump in the global chip industry. The country's outbound shipments stood at US$32.4 billion in th
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(LEAD) S. Korea finds solutions to 320 cases of export hurdles

(ATTN: UPDATES with details in last 4 paras; ADDS photo)By Kang Yoon-seungSEOUL, April 21 (Yonhap) -- South Korea's finance ministry said Friday it has addressed 320 cases of export hurdles as part of its efforts to boost struggling outbound ship
S. Korea finds solutions to 320 cases of export hurdles

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SEOUL, April 21 (Yonhap) -- South Korea's finance ministry said Friday it has addressed 320 cases of export hurdles as part of its efforts to boost struggling outbound shipments.The announcement came two months after South Korea officially launch
Top headlines in major S. Korean newspapers

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SEOUL, April 21 (Yonhap) -- The following are the top in major South Korean newspapers on April 21.Korean-language dailies-- China, Russia enraged, call on S. Korea not to intervene, do hostile action (Kyunghyang Shinmun)-- Caught in middle of U.S.,
Producer prices up for 3rd straight month in March

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SEOUL, April 21 (Yonhap) -- South Korea's producer prices rose for the third straight month in March, as service and industrial goods prices increased, central bank data showed Friday.The producer price index, a major barometer of consumer inflat
Itx-ai to raise 7 bln won via stock sale

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SEOUL, April 20 (Yonhap) -- Itx-ai Co.on Thursday announced that it will sell stock to raise 7 billion won (US$5.3 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing, the c
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S. Korea to invest 20 tln won by 2030 in advanced secondary battery development

SEOUL, April 20 (Yonhap) -- South Korea will invest 20 trillion won (US$15.9 billion) by 2030 in developing next-generation secondary batteries and securing advanced technologies for materials, parts and equipment of the sector, the industry ministry
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Yoon vows full support for rechargeable battery industry

SEOUL, April 20 (Yonhap) -- President Yoon Suk Yeol vowed Thursday to provide full support to the rechargeable battery industry to ensure it maintains a lead over international competitors.Yoon made the remark while presiding over a national strategy
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S. Korea, France discuss cooperation in agriculture field, food security

SEOUL, April 20 (Yonhap) -- South Korea and France discussed ways Thursday to boost bilateral cooperation in the agriculture industry and food security, Seoul's agriculture ministry said.The discussions were made during a meeting between South Ko
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Number of broiler chicken, duck down in Q1 following avian influenza

By Kang Yoon-seungSEJONG, April 20 (Yonhap) -- The number of broiler chickens and ducks raised in South Korea fell in the first quarter of 2023 from a year earlier, data showed Thursday, following the outbreak of avian influenza.South Korean farms ra
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S. Korean economy set to recover gradually over 2023: ADB economist

SEJONG, April 20 (Yonhap) -- The South Korean economy is set to rebound gradually in 2023, a senior economist at the Asian Development Bank (ADB) said Thursday, citing China's reopening and the recovery of the chip industry. "We do expect t