#UBS
Economy
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#average incomeFarming households' average income down 3.4 pct in 2022: data
SEOUL, May 18 (Yonhap) -- South Korea's farming households saw their average annual income fall 3.4 percent on-year in 2022, data showed Thursday, due to falling market prices and rising operating ... 12:00 May. 18 -
#customsCustoms agency seizes record amount of drugs through April
By Kang Yoon-seung SEOUL, May 18 (Yonhap) -- South Korea's customs agency said Thursday it has captured a record amount of drugs over the January-April period, with smuggling attempts falling in nu... 11:00 May. 18 -
#ASMLASML opens global EUV training center in S. Korea
SEOUL, May 18 (Yonhap) -- ASML Holding N.V., a Dutch chip equipment maker, has opened a new global training center for extreme ultraviolet (EUV) lithography machines near Seoul, the company said Th... 10:41 May. 18 -
#KTKT's content business aims to achieve 5 tln won in sales by 2025
SEOUL, May 18 (Yonhap) -- KT Corp. said Thursday it will expand its media and content business portfolio to post 5 trillion won (US$3.75 billion) in content sales by 2025 as part of its strategy to... 10:34 May. 18 -
#LG ChemLG Chem to supply filter membranes for water desalination project in Israel
SEOUL, May 18 (Yonhap) -- LG Chem Ltd. said Thursday it has won a contract to exclusively supply its key filter membrane product for a large-scale water desalination project in Israel. LG Chem ... 10:24 May. 18 -
#cryptocurrencyEthics panel to mull disciplinary action against lawmaker over cryptocurrency scandal, but expulsion unlikely
By Kim Han-joo SEOUL, May 18 (Yonhap) -- A special parliamentary ethics committee is set to review two motions calling for disciplinary action against Rep. Kim Nam-kuk over dubious cryptocurrency t... 10:01 May. 18 -
#stocks-open
Seoul shares open higher as debt-ceiling concerns ease
SEOUL, May 18 (Yonhap) -- Seoul shares opened higher Thursday after U.S. stocks rallied on optimism that a deal to raise the U.S. debt ceiling is within reach. The benchmark Korea Composite St... 09:27 May. 18 -
#Ukraine supportS. Korea, Ukraine discuss non-lethal aid, humanitarian assistance related article
SEOUL, May 17 (Yonhap) -- South Korea's Foreign Minister Park Jin met with Ukraine's first lady Olena Zelenska in Seoul on Wednesday and discussed the extension of humanitarian support and ways to ... 23:11 May. 17 -
#Korea-Japan tiesS. Korean, Japanese biz leaders vow to enhance economic, new industry cooperation related article
SEOUL, May 17 (Yonhap) -- South Korea and Japan agreed Wednesday to enhance bilateral cooperation in new industry fields and promote exchanges for a stronger economic and business partnership by ma... 20:16 May. 17 -
#Canada
S. Korea, Canada to expand ties in supply chains of key minerals
SEOUL, May 17 (Yonhap) -- South Korea's industry ministry said Wednesday it has clinched an agreement with Canada to expand economic ties and bolster cooperation in the supply chains of key mineral... 19:17 May. 17 -
#Ukraine reconstructionUkraine seeks S. Korea's participation in reconstruction projects: senior official related article
SEOUL, May 17 (Yonhap) -- Ukraine expects South Korean companies to participate in various reconstruction projects, particularly regarding nuclear power and other energy fields, a ranking Ukrainian... 18:28 May. 17 -
#news summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Wednesday. ----------------- Yoon, Canada PM hold summit on critical minerals, N. Korea SEOUL -- President... 17:00 May. 17 -
#OmnisystemCo.
Omnisystem to raise 22.6 bln won via stock offering
SEOUL, May 17 (Yonhap) -- Omnisystem Co. on Wednesday announced that it will sell stock to raise 22.6 billion won(US$16.9 million). The proceeds from the stock sale will be used mainly to finance i... 16:49 May. 17 -
#HYSONIC Co.
Hysonic to raise 10 bln won via stock offering
SEOUL, May 17 (Yonhap) -- Hysonic Co.on Wednesday announced that it will sell stock to raise 10 billion won(US$7.5 million). The proceeds from the stock sale will be used mainly to finance its oper... 16:48 May. 17 -
#HyundaiHyundai, Kia's Europe sales rise 1.1 pct in April
SEOUL, May 17 (Yonhap) -- Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their combined vehicle sales in Europe rose 1.1 percent in April from a year earlier. Last month, ... 16:38 May. 17 -
#Airbnb(2nd LD) Airbnb to focus on promoting S. Korea as must-visit travel destination related article
(ATTN: ADDS details of global campaign in bottom 4 paras) By Kim Na-young SEOUL, May 17 (Yonhap) -- Home rental platform Airbnb Inc. will prioritize its focus on South Korea this year as it promote... 16:36 May. 17 -
#CHUNGHO ICT CO.
Chungho Ict to raise 5 bln won via stock offering
SEOUL, May 17 (Yonhap) -- Chungho Ict Co.on Wednesday announced that it will sell stock to raise 5 billion won(US$3.7 million). The proceeds from the stock sale will be used mainly to finance its o... 16:25 May. 17 -
#Samsung Electronics(News Focus) Samsung, LG likely to enter market-moving OLED supply deal
By Woo Jae-yeon SEOUL, May 17 (Yonhap) -- Samsung Electronics Co. and LG Display Co. reportedly sealed an organic light-emitting diode (OLED) display deal, rekindling years of speculation over a pa... 16:03 May. 17 -
#Airbnb(LEAD) Airbnb to focus on promoting S. Korea as must-visit travel destination related article
(ATTN: ADDS details of global campaign in last 2 paras) By Kim Na-young SEOUL, May 17 (Yonhap) -- Home rental platform Airbnb Inc. will prioritize its focus on South Korea this year as it promotes ... 15:45 May. 17
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(LEAD) S. Korea's current account returns to deficit in April -
S. Korea joins int'l digital economy agreement -
(LEAD) Biz chambers of S. Korea, Japan agree to cooperate on Busan expo bid -
(LEAD) S. Korea to revise down 2023 growth outlook from 1.6 pct: finance chief -
OpenAI CEO Sam Altman says he's ready to invest in S. Korean startups
News Focus
Economy/Finance
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Apple's Vision Pro likely to accelerate Samsung's race in XR eyewear biz -
Success of Nuri launch verifies S. Korean capabilities for space transportation -
Nurses, doctors clash over controversial nursing act -
Samsung, LG likely to enter market-moving OLED supply deal -
Samsung faces serious competitor in fast growing foldable phone market
