#WTO
Industry
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#reactor shutdownProsecution questions ex-industry minister over reactor shutdown controversy
DAEJEON, Jan. 25 (Yonhap) -- The prosecution questioned former Industry Minister Paik Un-gyu on Monday as part of its probe into the controversial closure of South Korea's second-oldest nuclear rea... 21:22 Jan. 25 -
#Doosan HeavyDoosan Heavy clinches 780 bln-won desalination plant deal
SEOUL, Jan. 25 (Yonhap) -- Doosan Heavy Industries & Construction Co., a major South Korean plant builder, said Monday it has clinched a 780 billion-won (US$707.8 million) deal to build a seawater ... 18:29 Jan. 25 -
#industrial safetyDP to revise law to establish new state agency on workplace disaster safety related article
SEOUL, Jan. 25 (Yonhap) -- The ruling Democratic Party (DP) has decided to consult with rival parties to establish a new government organization dedicated to promoting occupational safety and bette... 16:43 Jan. 25 -
LG Innotek 2020 net profit up 130.8 pct. to 236.1 bln won
SEOUL, Jan. 25 (Yonhap) -- LG Innotek Co. on Monday reported its 2020 net income of 236.1 billion won (US$214.5 million), up 130.8 percent from a year earlier. Operating income for the year was ... 15:44 Jan. 25 -
LG Innotek Q4 net income up 682.5 pct. to 121.1 bln won
SEOUL, Jan. 25 (Yonhap) -- LG Innotek Co. on Monday reported its fourth-quarter net profit of 121.1 billion won (US$110 million), up 682.5 percent from a year earlier. Operating profit for the O... 15:43 Jan. 25 -
Hyundai Mipo wins chemicals carrier deal from Europe
SEOUL, Jan. 25 (Yonhap) -- Hyundai Mipo Dockyard Co., a mid-sized shipyard here, said Monday that it has won a 80.2 billion won (US$73 million) order to build two petrochemical carriers for a Europe... 15:09 Jan. 25 -
#SsangYong Motor-pay cutsSsangYong Motor cuts wages by half amid liquidity crisis related article
SEOUL, Jan. 25 (Yonhap) – Financially troubled SsangYong Motor Co. said Monday it will cut its employee wages in half in January and February as it struggles with mounting costs amid lackluster sal... 14:20 Jan. 25 -
#Galaxy S21Galaxy S21 sales tipped to hover around 2.4 million units in S. Korea this year: report related article
SEOUL, Jan. 25 (Yonhap) -- Sales of Samsung Electronics Co's new smartphone line, the Galaxy S21, are expected to reach 2.4 million units this year in South Korea, a report showed Monday, as the te... 14:05 Jan. 25 -
#red pepper pasteExports of red pepper paste surge 35.2 pct in 2020 on Korean Wave
SEOUL, Jan. 25 (Yonhap) -- South Korean exports of red pepper paste jumped more than 35 percent in 2020 from a year earlier thanks to the global popularity of Korean pop culture, known as the Korea... 08:45 Jan. 25 -
#retailer investorsS. Korean retail investors' Tesla holdings top US$10 bln
SEOUL, Jan. 25 (Yonhap) -- South Korean retail investors' holdings of shares in electric vehicle leader Tesla Motors Inc. soared nearly 32 percent this year to cross the US$10 billion mark, data sh... 08:18 Jan. 25 -
#POSCOPOSCO Q4 profit tipped to jump despite pandemic
SEOUL, Jan. 24 (Yonhap) -- POSCO, the world's fifth-largest steelmaker by output, is expected to have logged double-digit operating profit growth in the fourth quarter on increased demand despite t... 11:30 Jan. 24 -
#Doosan InfracoreKorean excavator makers likely to enjoy another boom in China this year
By Nam Kwang-sik SEOUL, Jan. 24 (Yonhap) -- South Korea's two excavator makers are expected to see a steady rise in their shipments to China this year thanks to a boom in the neighbor's constructi... 08:32 Jan. 24 -
#HyundaiHyundai, Kia struggle in 3 key markets last year amid pandemic
SEOUL, Jan. 24 (Yonhap) -- Hyundai Motor Co. and affiliate Kia Corp. slumped in their three major markets last year amid the coronavirus pandemic, company data showed Sunday. Hyundai and Kia, So... 08:00 Jan. 24 -
#LG Electronics(News Focus) LG Electronics' corporate value to improve with mobile biz restructuring related article
By Joo Kyung-don SEOUL, Jan. 23 (Yonhap) -- LG Electronics Inc. can improve its corporate value by restructuring its money-losing mobile business, analysts here said Saturday, as the South Korean ... 10:12 Jan. 23 -
#state cofferFinance ministry faces tough calls over further spending amid pandemic
By Kim Soo-yeon SEOUL, Jan. 22 (Yonhap) -- South Korea's finance ministry has increasingly found itself in hot water over growing calls to dig deeper into state coffers in response to the pandemic-... 16:30 Jan. 22 -
GS Engineering & Construction 2020 operating earnings down 2.1 pct. to 751.2 bln won
SEOUL, Jan. 22 (Yonhap) -- GS Engineering & Construction Corp. on Friday estimated its 2020 operating earnings at 751.2 billion won (US$680.9 million), down 2.1 percent from a year earlier. Annu... 15:37 Jan. 22 -
GS Engineering & Construction Q4 operating earnings up 12.8 pct. to 205.7 bln won
SEOUL, Jan. 22 (Yonhap) -- GS Engineering & Construction Corp. on Friday estimated its fourth-quarter operating profit at 205.7 billion won (US$186.5 million), up 12.8 percent from a year earlier. ... 15:37 Jan. 22 -
#Hyundai E&C(LEAD) Hyundai E&C shifts to Q4 loss on FX losses
(ATTN: UPDATES with details throughout; CHANGES headline; ADDS photo) SEOUL, Jan. 22 (Yonhap) -- Hyundai Engineering & Construction Co., a major South Korean builder, said Friday it shifted to a ne... 14:49 Jan. 22 -
#online platformsOnline platform operators to face stern measures over unfair biz practices: regulator
SEOUL, Jan. 22 (Yonhap) -- South Korea's antitrust regulator said Friday it will seek to take punitive actions against unfair business activity by online platform operators in a bid to protect cont... 14:00 Jan. 22
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New virus cases over 400 again on large-scale cluster infection
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(LEAD) New virus cases over 400 again on cluster infections
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(2nd LD) S. Korea aims to vaccinate 70 pct of population by Sept.
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(LEAD) S. Korea aims to vaccinate 70 pct of population by Sept.
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SsangYong Motor cuts wages by half amid liquidity crisis
News Focus
Business
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LG Electronics' corporate value to improve with mobile biz restructuring
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(News Focus) Uncertainty heightens over Samsung as heir ordered back to prison for bribery
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Samsung, LG to go head-to-head with Mini LED TVs in 2021
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(News Focus) S. Korea drums up measures to revive consumption, create jobs next year amid pandemic
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S. Korean companies bet big on hydrogen for zero-emission goal
