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Celltrion Healthcare's oncology biosimilar Vegzelma hits U.S. market

SEOUL, April 17 (Yonhap) -- Celltrion Healthcare Co., a South Korean pharmaceuticals company, said Monday that it has launched its anti-cancer biosimilar Vegzelma in the United States.The bevacizumab treatment, a biosimilar referencing Genentech'
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Auto exports hit fresh high in March on solid demand for eco-friendly cars

SEOUL, April 17 (Yonhap) -- South Korea's car exports surged more than 60 percent on-year to reach an all-time high in March on the back of solid demand for eco-friendly cars, data showed Monday.The value of outbound shipments of automobiles came
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S. Korea seeks closer ties with Chile, Argentina on key minerals development

SEOUL, April 17 (Yonhap) -- South Korea will send a delegation to Chile and Argentina this week to explore ways to boost cooperation on supply chains of lithium and other major minerals and the development of natural resources, the industry ministry
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Container freight rates for major destinations rise on-month in March

SEOUL, April 17 (Yonhap) -- Outbound container shipping costs for major destinations, including the U.S. west coast and the European Union, advanced in March from a month earlier, data showed Monday, raising the burden for exporters.The average rate
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S. Korea to send economic delegation to Hungary, Poland, Slovakia

SEOUL, April 17 (Yonhap) -- South Korea will send a delegation to Hungary, Poland and Slovakia this week to discuss ways to boost economic and trade ties with the respective European countries, the industry ministry said Monday.The delegation led by
(EDITORIAL from Korea JoongAng Daily on April 17)

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Shift countermeasures to wildfiresA loose-lipped top presidential aidePresident Yoon Suk Yeol's approval rating fell to 27 percent. That's a return to the 20 percent range after hovering over 30 percent for five months. In a recent Gallup Kor
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(LEAD) S. Korea's finance minister rules out extra budget

(ATTN: ADDS detail in last para)SEJONG, April 16 (Yonhap) -- South Korea was not considering planning a supplementary budget, its finance minister has said, despite a looming decline in this year's tax income."We are not mulling a supplemen
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S. Korea's finance minister rules out extra budget

SEJONG, April 16 (Yonhap) -- South Korea was not considering planning a supplementary budget, its finance minister has said, despite a looming decline in this year's tax income."We are not mulling a supplementary budget at this point,"
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S. Korean finance minister to meet Japanese counterpart next month amid thawing relations

WASHINGTON, April 15 (Yonhap) -- South Korean Finance Minister Choo Kyung-ho has said he will meet with his Japanese counterpart, Shunichi Suzuki, next month, the first meeting between the finance ministers of the two neighbors in nearly seven years
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Gyeonggi governor attracts 4 tln-won worth investment during his latest trip to U.S.

SEOUL, April 16 (Yonhap) -- The governor of South Korea's most populous province has attracted a combined 4 trillion won (US$3.06 billion) in investment from four companies during his first trip to the United States, the provincial government sai
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(LEAD) S. Korea, Japan to hold face-to-face export meeting in Seoul next week

(ATTN: ADDS more details in paras 7-10)SEOUL, April 14 (Yonhap) -- South Korea and Japan will hold a face-to-face meeting in Seoul next week to discuss their policy measures on exports of strategic and other items as they have vowed to put each other
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S. Korea, Japan to hold face-to-face export meeting in Seoul next week

SEOUL, April 14 (Yonhap) -- South Korea and Japan will hold a face-to-face meeting in Seoul next week to discuss their policy measures on exports of strategic and other items as they have vowed to put each other back on their respective list of trust
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Samsung, employees agree to 4.1 pct pay raise for 2023

SEOUL, April 14 (Yonhap) -- Samsung Electronics Co.'s management and its workers agreed to an average 4.1 percent pay raise for the year, sources said Friday, while effectively freezing raises for its board members due to poor performance amid a
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(LEAD) Economic slowdown lingers on sluggish exports, facility investment: gov't report

(ATTN: UPDATES with more details in paras 9-10)By Kang Yoon-seungSEJONG, April 14 (Yonhap) -- South Korea's finance ministry said Friday the country continues to face an economic slowdown despite a recovery in consumption due to weak exports and
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Hyundai Mipo Dockyard bags 230.8 bln-won order for 4 product carriers

SEOUL, April 14 (Yonhap) -- South Korean shipbuilder Hyundai Mipo Dockyard Co. said Friday it has won a 230.8 billion-won (US$174.3 million) order to build four midsize product carriers for an African shipper.Hyundai Mipo Dockyard will build the petr
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Hermes Korea net income up 22.7 pct as luxury brands continue to rack up profits

SEOUL, April 14 (Yonhap) -- Hermes Korea said Friday that its net profit rose 22.7 percent in 2022 from a year earlier amid an ongoing trend of high-end fashion brands continuing their profit streak in South Korea. The South Korean arm of the French
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Main opposition vows to come up with alternative bill replacing vetoed grain bill

SEOUL, April 14 (Yonhap) -- The main opposition Democratic Party (DP) vowed Friday to come up with new legislation replacing a now-scrapped bill requiring the government to buy up surplus rice after the bill failed to pass through the National Assemb
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Choo delivers concerns over IRA, Chips Act to Yellen during U.S. visit

By Kang Yoon-seungSEJONG, April 14 (Yonhap) -- South Korean Finance Minister Choo Kyung-ho has met his U.S. counterpart and delivered local businesses' concerns over Washington's latest inflation reduction act and other rules, his office said
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Economic slowdown lingers on sluggish exports, facility investment: gov't report

By Kang Yoon-seungSEJONG, April 14 (Yonhap) -- South Korea's finance ministry said Friday the country continues to face an economic slowdown despite a recovery in consumption due to weak exports and facility investment."Recently, the South
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S. Korea, Kazakhstan to boost cooperation on key minerals, infra projects

SEOUL, April 14 (Yonhap) -- South Korea and Kazakhstan agreed Friday to expand bilateral cooperation on key minerals and major infrastructure projects, Seoul's industry ministry said.The consensus was made during a meeting between Industry Minist