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Top headlines in major S. Korean newspapers

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SEOUL, April 5 (Yonhap) -- The following are the top in major South Korean newspapers on April 5.Korean-language dailies-- President's first veto in 7 years lays bare real face of politics without cooperation (Kyunghyang Shinmun)-- Yoon vetoes g
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Foreign reserves grow in March on dollar's descent

SEOUL, April 5 (Yonhap) -- South Korea's foreign reserves grew in March as the dollar's descent increased the conversion value of holdings in other currencies, central bank data showed Wednesday.The country's foreign reserves had come to
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(LEAD) Yoon visits Samsung Display campus to hail new investment plan

(ATTN: ADDS more details in last 2 paras)SEOUL, April 4 (Yonhap) -- President Yoon Suk Yeol visited the Asan campus of Samsung Display Co. on Tuesday to celebrate a new large-scale investment deal between the company, and materials, parts and equipme
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Yoon visits Samsung Display campus to hail new investment plan

SEOUL, April 4 (Yonhap) -- President Yoon Suk Yeol visited the Asan campus of Samsung Display Co. on Tuesday to celebrate a new large-scale investment deal between the company, and materials, parts and equipment makers, his office said.Samsung Displa
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S. Korea's duty-free sales drop 28.3 pct over past 4 yrs: lawmaker

SEOUL, April 4 (Yonhap) -- Annual sales of South Korean duty-free retailers dropped 28.3 percent over the past four years due to the COVID-19 pandemic and prolonged diplomatic tensions with China, a lawmaker said Tuesday.Combined annual sales from lo
Louis Vuitton to open fashion show in Seoul in late April

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SEOUL, April 4 (Yonhap) -- Louis Vuitton is set to open its first fashion show in South Korea at the end of the month, industry officials said Tuesday.The French luxury brand is set to showcase its 2023 pre-fall collection at the Some Sevit, a man-ma
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S. Korean chicken burger franchise Mom's Touch to enter Mongolia

SEOUL, April 4 (Yonhap) -- South Korean chicken burger chain Mom's Touch&Co. said Tuesday it inked a master franchise agreement with Mongolia's Foodville Farm LLC, in its first steps to enter the central Asian country.Foodville Farm is an ind
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Hyundai unveils Genesis GV80 Coupe Concept in New York

SEOUL, April 4 (Yonhap) -- Hyundai Motor Co., South Korea's largest carmaker, said Tuesday it has unveiled the Genesis GV80 Coupe Concept at its exhibition hall Genesis House New York.Inspired by the X Speedium Coupe Concept unveiled in New York
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Hyundai, Kia U.S. sales rise 18 pct on SUVs in Q1

SEOUL, April 4 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Tuesday their combined sales in the United States rose 18 percent in the first quarter from a year earlier on robust sales of SUVs and eco-friendly models.Hyundai and Kia s
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Listed firms' net dips 17 pct in 2022 amid monetary tightening

By Chung Joo-wonSEOUL, April 4 (Yonhap) -- Net profit of listed South Korean firms declined 17.31 percent on-year in 2022 amid hikes in key interest rates, the bourse operator said Tuesday.Consolidated net profit of 604 companies on the main KOSPI ma
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(LEAD) KG Mobility outlines EV road map for future growth

(ATTN: UPDATES with details in paras 6-7)GOYANG, South Korea, April 4 (Yonhap) -- KG Mobility, formerly known as SsangYong Motor Co., outlined its electric vehicle-focused product lineup for future growth Tuesday amid accelerating electrification in
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(LEAD) ADB maintains 1.5 pct growth outlook on South Korea for 2023

(ATTN: UPDATES with AMRO's outlook in last 4 paras)By Kang Yoon-seungSEOUL, April 4 (Yonhap) -- The Asian Development Bank (ADB) on Tuesday maintained its 1.5 percent growth outlook for South Korea in 2023, citing continued uncertainties in the g
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S. Korea to earmark 31.5 bln won for nurturing talents in future car industry

SEOUL, April 4 (Yonhap) -- South Korea will invest 31.5 billion won (US$24.06 million) this year in nurturing nearly 4,000 talents in the future car industry as part of efforts to secure advanced technologies in the field and find a new growth engine
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(4th LD) S. Korea's consumer prices up 4.2 pct in March

(ATTN: ADDS more details in last 2 paras, photo)By Kang Yoon-seungSEOUL, April 4 (Yonhap) -- South Korea's on-year growth in consumer prices fell to the lowest level in a year in March, data showed Tuesday, in the latest signal that inflation cou
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KG Mobility outlines EV road map for future growth

GOYANG, South Korea, April 4 (Yonhap) -- KG Mobility, formerly known as SsangYong Motor Co., outlined its electric vehicle-focused product lineup for future growth Tuesday amid accelerating electrification in the automobile industry. KG Mobility show
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(3rd LD) S. Korea's consumer prices up 4.2 pct in March

(ATTN: ADDS BOK's analysis in last 2 paras)By Kang Yoon-seungSEOUL, April 4 (Yonhap) -- South Korea's on-year growth in consumer prices fell to the lowest level in a year in March, data showed Tuesday, in the latest signal that inflation coul
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S. Korea's debt up nearly 10 pct in 2022 on pandemic spending

By Kang Yoon-seungSEOUL, April 4 (Yonhap) -- South Korea's national debt rose around 10 percent in 2022 from a year earlier amid increased spending to cope with the COVID-19 pandemic, data showed Tuesday.The sovereign debt, which covers bond sale
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(2nd LD) S. Korea's consumer prices up 4.2 pct in March

(ATTN: UPDATES with details in last 3 paras)By Kang Yoon-seungSEOUL, April 4 (Yonhap) -- South Korea's on-year growth in consumer prices fell to the lowest level in a year in March, data showed Tuesday, in the latest signal that inflation could s
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ADB maintains 1.5 pct growth outlook on South Korea for 2023

By Kang Yoon-seungSEOUL, April 4 (Yonhap) -- The Asian Development Bank (ADB) on Tuesday maintained its 1.5 percent growth outlook for South Korea in 2023, citing continued uncertainties in the global economy.The latest estimate by the Manila-based b
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(LEAD) S. Korea's consumer prices up 4.2 pct in March

(ATTN: UPDATES with details throughout, photo)By Kang Yoon-seungSEOUL, April 4 (Yonhap) -- South Korea's on-year growth in consumer prices fell to the lowest level in a year in March, data showed Tuesday, in the latest signal that inflation could