Industry

Industry

#EAEU
EAEU to exclude coated, cold-rolled steel products from safeguard
SEOUL, June 12 (Yonhap) -- The Eurasian Economic Union (EAEU) has decided to exclude coated and cold-rolled steel products from a safeguard measure, allowing a stable supply of steel sheets essenti... 21:37 Jun. 12
#customs deal
S. Korea, ASEAN countries discuss customs deals to facilitate trade
SEJONG, June 12 (Yonhap) -- The head of South Korea's customs agency discussed signing customs deals meant to facilitate bilateral trade with his counterparts from Indonesia, the Philippines and Vi... 19:34 Jun. 12
#Renault Samsung
(2nd LD) Renault Samsung set to resume wage negotiations as union withdraws strike
(ATTN: CHANGES slug, headline, lead; UPDATES throughout) BUSAN, June 12 (Yonhap) -- Renault Samsung Motors Corp., the Korean unit of French automaker Renault S.A., on Wednesday said it will resume ... 16:33 Jun. 12
#S Korea-FTA policy
(News Focus) Going beyond repackaging free trade policy, Seoul also looks to expand FTA territory
By Kang Yoon-seung SEOUL, June 12 (Yonhap) -- Fifteen years after its first free trade pact with Chile, exports-reliant South Korea has been in a rush to clinch more deals to sell more goods in ove... 15:39 Jun. 12
#Renault Samsung
(LEAD) Renault Samsung on partial lockout amid labor dispute
(ATTN: more info in 5th para) BUSAN, June 12 (Yonhap) -- Renault Samsung Motors Corp., the Korean unit of French automaker Renault S.A., on Wednesday imposed a partial lockout at its main plant in ... 14:58 Jun. 12
#consumer goods
(LEAD) S. Korea to boost exports of consumer goods: finance minister
(ATTN: UPDATES with more comments by finance minister in paras 6-9; ADDS photo) SEJONG, June 12 (Yonhap) -- South Korea aims to achieve US$35 billion worth of exports in five major consumer goods b... 10:53 Jun. 12
#S Korea-consumer goods
S. Korea to foster exports of consumer goods
SEOUL, June 12 (Yonhap) -- South Korea's industry ministry said Wednesday it will lend a hand to exporters of major consumer products, such as cosmetics and pharmaceuticals, by providing them with ... 10:30 Jun. 12
#Renault Samsung
Renault Samsung on partial lockout amid labor dispute
BUSAN, June 12 (Yonhap) -- Renault Samsung Motors Corp., the Korean unit of French automaker Renault S.A., on Wednesday imposed a partial lockout at its main plant in Busan amid falling sales and s... 10:20 Jun. 12
#jobless rate
(2nd LD) Jobless rate flat at 4 pct in May, job additions gather pace
(ATTN: CHANGES headline; UPDATES with details and comments by official in paras 3-6, last 5 paras; ADDS photo) By Kim Kwang-tae SEJONG, June 12 (Yonhap) -- South Korea's jobless rate remained flat ... 10:18 Jun. 12
#Daewoo Shipbuilding
Daewoo Shipbuilding wins LNG ship order
SEOUL, June 12 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co., a major South Korean shipyard, said Wednesday it has secured an order to build a liquefied natural gas (LNG) carrier for a Gr... 09:52 Jun. 12
#consumer goods
S. Korea to boost exports of consumer goods: finance minister
SEJONG, June 12 (Yonhap) -- South Korea aims to achieve US$35 billion worth of exports in five major consumer goods by 2022, the finance minister said Wednesday, in the latest efforts to boost its ... 09:47 Jun. 12
#Hyundai Rotem
Hyundai Rotem wins 336 bln-won tram order from Poland
SEOUL, June 12 (Yonhap) -- Hyundai Rotem Co., South Korea's major railway system and plant equipment maker, said Wednesday it has won an order worth 336 billion won (US$284 million) from Poland to ... 09:08 Jun. 12
#jobless rate
(LEAD) Jobless rate at 4 pct in May, job additions gather pace
(ATTN: RECASTS headline; UPDATES with details in paras 3-6; ADDS photo) SEJONG, June 12 (Yonhap) -- South Korea's jobless rate remained flat at 4 percent in May from a year earlier, and job additio... 08:45 Jun. 12
#jobless rate
Jobless rate stands at 4 pct in May
SEJONG, June 12 (Yonhap) -- South Korea's jobless rate remained flat at 4 percent in May from a year earlier, and job additions again exceeded the 200,000 mark, government data showed Wednesday. ... 08:02 Jun. 12
#jobless rate
(URGENT) Jobless rate stands at 4 pct in May, 260,000 jobs added
08:00 Jun. 12
#fire probe
(LEAD) Expert panel blames electric shocks for energy storage system fires
(ATTN: UPDATES with details and reaction in paras 5-16; ADDS byline: MAKES minor edits throughout) By Kim Kwang-tae SEJONG, June 11 (Yonhap) -- Electric shocks are mainly to blame for a series of f... 15:24 Jun. 11
#shipbuilding
S. Korea regains top spot in May shipbuilding orders
SEOUL, June 11 (Yonhap) -- South Korea edged China for the first time in three months to recapture the No. 1 spot in global shipbuilding orders, industry data showed Tuesday. In May, local ship... 13:44 Jun. 11
#tax revenue
Tax revenue tallied at 109.4 tln won in first 4 months
SEJONG, June 11 (Yonhap) -- South Korea collected 109.4 trillion won (US$92.5 billion) in taxes in the first four months of the year, down 500 billion won from a year earlier, due to a cut in fuel ... 11:23 Jun. 11
#exports
(2nd LD) Exports down 16.6 pct in first 10 days of June
(ATTN: ADDS more details in last 9 paras) By Kim Kwang-tae SEJONG, June 11 (Yonhap) -- South Korea's exports sharply fell 16.6 percent in the first 10 days of June mainly due to decreased shipments... 11:11 Jun. 11
#language model-AI
New language model for advanced Korean-based AI service developed
SEOUL, June 11 (Yonhap) -- A new Korean language model that can advance artificial intelligence (AI) services and searches has been developed for a wide range of applications, a state-run electroni... 11:04 Jun. 11