#SsangYong Motor-pay cuts
Industry
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#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 -
#shipping vesselAt least 5 ships to be deployed to address soaring freight rates
SEOUL, Jan. 22 (Yonhap) -- South Korea said Friday it plans to deploy at least five vessels by the end of February to support exporters facing troubles from a hike in freight costs amid soaring dem... 14:00 Jan. 22 -
Hyundai Engineering & Construction 2020 net profit down 60.3 pct. to 227.7 bln won
SEOUL, Jan. 22 (Yonhap) -- Hyundai Engineering & Construction Co. on Friday reported its 2020 net income of 227.7 billion won (US$206.5 million), down 60.3 percent from a year earlier. The compa... 13:45 Jan. 22 -
Hyundai Engineering & Construction turns to red in Q4
SEOUL, Jan. 22 (Yonhap) -- Hyundai Engineering & Construction Co. on Friday reported its fourth-quarter net loss of 122.1 billion won (US$110.7 million), swinging from a profit of 6.9 billion won a... 13:45 Jan. 22 -
#rice market(Yonhap Feature) Rice in the spotlight amid pandemic as demand grows for premium, diverse grains
By Oh Seok-min SEOUL, Jan. 22 (Yonhap) -- Park Hye-seong, a 39-year-old mother of two, recently subscribed to a rice delivery service offered by a specialty shop featuring "premium rice" in pursuit... 09:00 Jan. 22 -
#S Korea-US WTO rowWTO rules in favor of S. Korea in lawsuit against U.S.
By Kang Yoon-seung SEOUL, Jan. 22 (Yonhap) -- South Korea's trade ministry said Friday that the World Trade Organization (WTO) has ruled in favor of Seoul in its lawsuit against the United States c... 01:00 Jan. 22 -
(2nd LD) Moon vows close cooperation with Biden for Korea peace process
(ATTN: UPDATES with post-meeting press briefing in last 4 paras) By Lee Chi-dong SEOUL, Jan. 21 (Yonhap) -- President Moon Jae-in pledged Thursday to maintain close partnerships with the new U.S. a... 18:04 Jan. 21 -
(LEAD) Moon vows close cooperation with Biden for Korea peace process
(ATTN: UPDATES with quote on U.S. in 2nd para, remarks on China, Japan, details from 5th para) By Lee Chi-dong SEOUL, Jan. 21 (Yonhap) -- President Moon Jae-in pledged Thursday to maintain close pa... 16:34 Jan. 21
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New infections up over 500 on flare-up in religious community infections
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(2nd LD) New virus cases fall back to below 400 again; clusters tied to religious facilities on rise
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(LEAD) New virus cases fall back to below 400 again; clusters tied to religious facilities on rise
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(LEAD) Hyundai Motor's Q4 net jumps 78 pct on high-end models
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S. Koreans spent over 12 tln won on food delivery services in 2020
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
