#OECD
Economy
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#Hyundai Motor-truckers' strikeHyundai Motor suffers output losses from cargo truckers' strike
SEOUL, June 9 (Yonhap) -- Hyundai Motor Co. said Thursday the ongoing truckers' strike is affecting production at its main domestic plants, which are already suffering from a global chip shortage. ... 10:27 Jun. 09 -
#SK hynixSK hynix to supply high-end HMB3 DRAM to Nvidia
SEOUL, June 9 (Yonhap) -- SK hynix Inc. said Thursday it has begun mass production of a high-end product known as the world's fastest DRAM and will supply it to American graphics-chip maker Nvidia.... 09:37 Jun. 09 -
#OECD(LEAD) OECD sharply ups 2022 inflation outlook for S. Korea to 4.8 pct related article
(ATTN: RECASTS throughout to highlight OECD's inflation outlook; CHANGES photo) By Kim Soo-yeon SEOUL, June 8 (Yonhap) -- The Organization for Economic Cooperation and Development (OECD) on Wednesd... 19:42 Jun. 08 -
#SamsungSamsung Electro-Mechanics to supply camera modules for Tesla's EV trucks
SEOUL, June 8 (Yonhap) -- Samsung Electro-Mechanics Co., a major electronics parts maker in South Korea, won a bid to supply camera modules for U.S. electric car maker Tesla, sources said Wednesday... 18:07 Jun. 08 -
#OECDOECD cuts 2022 growth outlook for S. Korea to 2.7 pct, ups inflation estimate to 4.8 pct related article
By Kim Soo-yeon SEOUL, June 8 (Yonhap) -- The Organization for Economic Cooperation and Development (OECD) on Wednesday slashed its 2022 growth outlook for the South Korean economy to 2.7 percent a... 18:00 Jun. 08 -
#IGIS RESIDENCE REIT Co., Ltd.
Igis Residence Reit to raise 45 bln won via stock offering
SEOUL, June 8 (Yonhap) -- Igis Residence Reit Co.on Wednesday announced that it will sell stocks to raise 45 billion won (US$35.9 million). The proceeds from the stock sale will be used mainly to f... 17:59 Jun. 08 -
#KakoTalkKakao keeps external payment link in app against Google's new billing policy
SEOUL, June 8 (Yonhap) -- Kakao Corp., operator of South Korea's top mobile messenger KakaoTalk, has kept in place an external payment link in the Android version of the popular messaging software ... 15:41 Jun. 08 -
#sales
Corporate sales, profitability boosted by robust exports, spending in 2021: BOK
SEOUL, June 8 (Yonhap) -- Companies in South Korea saw their sales and operating margins improve markedly in 2021 on the back of robust exports and a spending recovery from the coronavirus pandemic... 14:11 Jun. 08 -
#SKCSKC to sell PET film biz to private equity fund for 1.6 tln won
By Kim Seung-yeon SEOUL, June 8 (Yonhap) -- SKC Co. said Wednesday it is selling its polyester (PET) film business to a private equity fund for 1.6 trillion won (US$1.27 billion) as it seeks to bo... 14:05 Jun. 08 -
#job market15 in 100 employed people in S. Korea changed jobs in 2020: data related article
SEOUL, June 8 (Yonhap) -- Nearly 15 out of 100 employed people in South Korea changed jobs in 2020 amid the sluggish job market hit by the COVID-19 pandemic, data showed Wednesday. The number of r... 12:00 Jun. 08 -
#Hyundai Mobis-tech showHyundai Mobis to hold tech show in France
SEOUL, June 8 (Yonhap) -- Hyundai Mobis Co., South Korea's biggest auto parts maker, said Wednesday it will hold a tech show in France next week to promote its advanced vehicle technologies to Euro... 11:00 Jun. 08 -
#GDP(2nd LD) S. Korea's economy grows slower than earlier predicted in Q1 amid weak investment, spending
(ATTN: ADDS growth forecast in paras 13-15) SEOUL, June 8 (Yonhap) -- South Korea's economy grew at a slightly slower pace than earlier predicted in the first quarter of this year as investment and... 10:22 Jun. 08 -
#GDP
(LEAD) S. Korea's economy grows slower than earlier predicted in Q1 amid weak investment, spending
(ATTN: ADDS data on GNI in last 2 paras) SEOUL, June 8 (Yonhap) -- South Korea's economy grew at a slightly slower pace than earlier predicted in the first quarter of this year as investment and sp... 09:24 Jun. 08 -
#Hanwha Q CellsHanwha Q Cells to build solar power plant in Wyoming
SEOUL, June 8 (Yonhap) -- Hanwha Q Cells, the solar solutions unit of South Korean conglomerate Hanwha Group, said Wednesday it is building a new solar power plant in the U.S. state of Wyoming under... 09:22 Jun. 08 -
#GDP
S. Korea's economy grows slower than earlier predicted in Q1 amid weak investment, spending
SEOUL, June 8 (Yonhap) -- South Korea's economy grew at a slightly slower pace than earlier predicted in the first quarter of this year as investment and spending weakened amid lingering worries ov... 08:07 Jun. 08 -
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#Samsung ElectronicsSamsung expands high-end appliance biz for customized home life
By Woo Jae-yeon SEOUL, June 7 (Yonhap) -- Samsung Electronics Co. on Tuesday unveiled an expanded product line for customized home appliances during the online Bespoke Home 2022 event. The Bespo... 23:01 Jun. 07 -
#OECD meetingVice finance minister to leave for Paris for OECD council meeting
SEOUL, June 7 (Yonhap) -- First Vice Finance Minister Bang Ki-sun plans to visit France this week to attend a ministerial council meeting of the Organization for Economic Cooperation and Developmen... 16:00 Jun. 07 -
#Jeju Air-turnaround planJeju Air aims for turnaround next year on pent-up demand
SEOUL, June 7 (Yonhap) -- Jeju Air Co., South Korea's biggest low-cost carrier, said Tuesday it is targeting to turn around next year as eased virus restrictions unleash pent-up travel demand. ... 15:30 Jun. 07
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(LEAD) S. Korea to raise Q3 electricity rate amid high energy costs, inflation -
Korean Air to restore flights to half of pre-pandemic level by Sept. -
Korea Shipbuilding wins 745 bln won patrol ship deal from Philippines -
(LEAD) Finance chief calls for corporate restraints on 'excessive' wage increase amid inflation woes -
4 out of 10 firms in S. Korea experience raw materials price hikes higher than 20 pct: survey
News Focus
Market
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Display, electronics makers dealt blow by COVID-19 lockdowns in China -
S. Korean firms in delicate balancing act over U.S. economic framework -
(News Focus) BOK expected to seek further rate hikes but place more weight on growth: experts -
Yoon to seek small gov't stance to spur economic growth -
Having passed major regulatory hurdle for Intel deal, SK hynix eyes economies of scale, sharper competitive edge
