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(2nd LD) Job additions smallest in 2 yrs in Feb. amid economic slowdown
(ATTN: UPDATES with finance ministry's statement in last 2 paras; ADDS photo)By Kang Yoon-seungSEOUL, March 15 (Yonhap) -- South Korea's monthly job additions slowed for the ninth consecutive month in February, data showed Wednesday, amid for
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Kia unveils design of EV9 SUV ahead of launch in H1
SEOUL, March 15 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker by sales, unveiled the design of the all-electric EV9 SUV on Wednesday ahead of its domestic launch during the first half of this year.The EV9 SUV has been developed und
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POSCO Chemical to present full battery components lineup at Seoul battery fair
SEOUL, March 15 (Yonhap) -- POSCO Chemical Co., a leading South Korean manufacturer of secondary battery materials, said Wednesday it is showcasing a full lineup of its cathode and anode products and related technologies at an international battery s
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(LEAD) Job additions smallest in 2 yrs in Feb. amid economic slowdown
(ATTN: RECASTS headline; UPDATES with details throughout)By Kang Yoon-seungSEOUL, March 15 (Yonhap) -- South Korea's monthly job additions slowed for the ninth consecutive month in February, data showed Wednesday, amid forecasts the job recovery
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S. Korea adds 312,000 jobs in Feb., lowest in 2 years
SEOUL, March 15 (Yonhap) -- South Korea's monthly job additions slowed for the ninth consecutive month in February, data showed Wednesday, amid forecasts the labor market will lose steam this year due to economic uncertainties.The number of emplo
(URGENT) 312,000 jobs added on-year in Feb., lowest in 2 years
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(END)
Top headlines in major S. Korean newspapers
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SEOUL, March 15 (Yonhap) -- The following are the top in major South Korean newspapers on March 15.Korean-language dailies-- 69-hour workweek plan ordered to be 'supplemented' (Kyunghyang Shinmun)-- Fed's interest rate dilemma grows afte
Wintec to raise 15 bln won via stock sale
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SEOUL, March 14 (Yonhap) -- Wintec Co.on Tuesday announced that it will sell stock to raise 15 billion won (US$11.4 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regulatory filing, t
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S. Korea, Netherlands sign 7 MOUs on mobility, renewable energy ties
SEOUL, March 14 (Yonhap) -- South Korea and the Netherlands signed seven memorandums of understanding between their companies and agencies to enhance cooperation on eco-friendly mobility, new renewable energy and various other industry sectors, Seoul
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Monetary policymakers highlight need for time to gauge impact of previous rate hikes: minutes
SEOUL, March 14 (Yonhap) -- Most central bank policymakers underlined the need to take time to gauge the impact of previous rate hikes when they decided to leave the policy interest rate unchanged last month, minutes of their meeting showed Tuesday.T
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Lotte Energy Materials sets sail after Iljin takeover
SEOUL, March 14 (Yonhap) -- Lotte Chemical Corp. said Tuesday its new copper foil making unit, established after its takeover of a local manufacturer of the key battery material, will operate under the new name Lotte Energy Materials. The official la
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S. Korea to earmark 68 bln won for companies' overseas marketing events
SEOUL, March 14 (Yonhap) -- The industry ministry said Tuesday it will earmark 68.2 billion won (US$52.2 million) this year to support companies' participation in major overseas trade shows and various marketing events as part of efforts to boost
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Eastar to resume flights this month for turnaround
SEOUL, March 14 (Yonhap) -- Eastar Jet Co., a South Korean low-cost carrier (LLC), said Tuesday it will resume flights later this month after a three-year hiatus due to the COVID-19 pandemic, with a focus on putting its business back on track.Eastar
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Finance ministry calls for passage of tax bill for chipmakers
By Kang Yoon-seungSEOUL, March 14 (Yonhap) -- South Korea's finance ministry on Tuesday called for the passage of a revised tax bill centering on providing more incentives for chipmakers, claiming Asia's No. 4 economy should not miss the &qu
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Yoon says labor, education reforms aimed at creating quality jobs
SEOUL, March 14 (Yonhap) -- President Yoon Suk Yeol said Tuesday his push for labor and education reforms is aimed at increasing business investments and creating quality jobs, according to his office.Yoon made the remark during a luncheon with CEOs
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(2nd LD) Volvo targets 20 pct sales growth in S. Korea this year
(ATTN: UPDATES with details throughout) SEOUL, March 14 (Yonhap) -- Volvo Cars said Tuesday it is targeting a 20 percent on-year sales growth in South Korea this year helped by electric models and investments in local aftersales facilities.The Sweden
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S. Korea, Malaysia discuss supply chains of raw materials, trade ties
SEOUL, March 14 (Yonhap) -- Trade ministers of South Korea and Malaysia discussed ways Tuesday to deepen cooperation on supply chains of key raw materials and to boost bilateral trade by launching a regular dialogue channel, Seoul's trade ministr
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Samsung SDI to showcase BMW, Volvo EVs built with its batteries at Seoul battery show
By Kim Seung-yeon SEOUL, March 14 (Yonhap) -- Samsung SDI Co., a major South Korean battery maker, said Tuesday it will showcase two electric vehicle (EV) models made by BMW and Volvo with its nickel-rich batteries at this week's battery show. On
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Volvo targets 20 pct sales growth in S. Korea this year
SEOUL, March 14 (Yonhap) -- Volvo Car Korea Co. said Tuesday it is targeting a 20 percent on-year sales growth this year helped by electric models. The Sweden-based carmaker sold a total of 14,431 vehicles in Asia's fourth-biggest economy in 2022
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Hanwha Solutions names GE Renewable Energy exec as new CTO
SEOUL, March 14 (Yonhap) -- Hanwha Solutions Corp. said Tuesday it has appointed an executive of GE Renewable Energy as its new chief technology officer (CTO) in a move to accelerate research and development in next-generation solar, wind and other r
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