#Lotte Chemical
Economy
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#news summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Thursday. ----------------- N.K. gauges timing for nuclear test after completing preparations: Seoul spy agenc... 13:30 May. 19 -
#household incomeHousehold income grows at fastest pace in Q1 on economic recovery related article
By Kim Soo-yeon SEOUL, May 19 (Yonhap) -- Household income grew at the fastest pace on record in the first quarter on the back of the economic recovery and state relief funds for pandemic-hit merch... 12:00 May. 19 -
#IPEFSupply chain resilience is key reason behind S. Korea's decision to join IPEF related article
By Oh Seok-min SEOUL, May 19 (Yonhap) -- South Korea said Thursday it has decided to join the U.S.-led new economic initiative, as it could help diversify and stabilize the country's supply chains ... 11:47 May. 19 -
#Lotte ChemicalLotte Chemical to spend 10 tln won by 2030 to boost hydrogen, battery biz related article
By Kim Seung-yeon SEOUL, May 19 (Yonhap) -- Lotte Chemical Corp. said Thursday it will spend a total of 10 trillion won (US$7.85 billion) by 2030 to boost its hydrogen and battery businesses as it... 11:16 May. 19 -
#tax revenueS. Korea's tax revenue up 10.4 tln won in March related article
SEOUL, May 19 (Yonhap) -- South Korea's tax revenue increased 10.4 trillion won (US$8.16 billion) in March from a year earlier, as the collection of corporate and value-added taxes rose amid the eco... 10:00 May. 19 -
#dailies-editorials
(EDITORIAL from Korea Herald on May 19)
Not-so-stable 'stablecoins' A massive sell-off in Korean cryptocurrencies sparks panicky response amid calls for oversight Cryptocurrencies still sound cryptic to most people, especially those wh... 06:59 May. 19 -
#headlines
Top headlines in major S. Korean newspapers
SEOUL, May 19 (Yonhap) -- The following are the top headlines in major South Korean newspapers on May 19. Korean-language dailies -- Yoon says spirit of 1980 pro-democracy uprising is cornerstone ... 06:58 May. 19 -
#SsangYong-KG-stalking horse deal(LEAD) SsangYong signs conditional investment deal with KG consortium
(ATTN: UPDATES with details in 5th para, last para) SEOUL, May 18 (Yonhap) -- SsangYong Motor Co. said Wednesday it has signed a conditional investment deal with a local consortium ahead of the auc... 18:45 May. 18 -
#SsangYong-KG-stalking horse dealSsangYong signs conditional investment deal with KG consortium
SEOUL, May 18 (Yonhap) -- SsangYong Motor Co. said Wednesday it has signed a conditional investment deal with a local consortium ahead of the auction later this month to find a new investor for the... 18:03 May. 18 -
#HancomHancom to launch S. Korea's 1st commercial Earth observation satellite this month
SEOUL, May 18 (Yonhap) -- Hancom InSpace Co., a South Korean aerospace tech company, said Wednesday that it plans to launch the country's first commercial Earth observation satellite next week in t... 17:31 May. 18 -
#KEPCOKEPCO to sell all overseas coal power plants over record losses related article
SEOUL, May 18 (Yonhap) -- South Korea's state power firm Korea Electric Power Corp. (KEPCO) said Wednesday it will sell all overseas coal power plants, including one in the Philippines, as part of ... 17:27 May. 18 -
#Hyundai-Europe sales
Hyundai, Kia's Europe sales rise 13 pct in April on EV demand
SEOUL, May 18 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday their sales in Europe rose 13 percent last month from a year earlier, helped by higher demand for their electr... 17:12 May. 18 -
#sumary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Wednesday. ----------------- S. Korea, U.S. have 'plan B' ready in case of N.K. provocation during Biden's vi... 17:08 May. 18 -
#cooking oilS. Korea to boost monitoring of cooking oil supplies over shortage woes
SEOUL, May 18 (Yonhap) -- South Korea will beef up monitoring of the cooking oil market and boost its supply chains on concerns over supply crunches and illegal hoarding, the agriculture ministry s... 15:56 May. 18 -
#FKIBusiness leaders of S. Korea, Japan to resume regular meetings after COVID-19-driven hiatus
SEOUL, May 18 (Yonhap) -- Top business leaders of South Korea and Japan have agreed to resume regular meetings after more than two years of hiatus due to the COVID-19 pandemic, industry sources sai... 15:54 May. 18 -
#economic outlook(LEAD) KDI cuts 2022 growth outlook to 2.8 pct, ups inflation estimate to 4.2 pct related article
(ATTN: ADDS more details in paras 18, 26-27) By Kim Soo-yeon SEOUL, May 18 (Yonhap) -- The Korea Development Institute (KDI) on Wednesday lowered its 2022 growth forecast for the South Korean econo... 14:47 May. 18 -
#euro bondsExim Bank raises 1.5 bln euros via bond sale
SEOUL, May 18 (Yonhap) -- The state-run Export-Import Bank of Korea (Exim Bank) said Wednesday it has raised 1.5 billion euros (US$1.58 billion) by selling global bonds. The state lender has so... 14:28 May. 18 -
#Hyundai Motor Group-EV investmentsHyundai to invest 21 tln won in local EV production, EV technologies
SEOUL, May 18 (Yonhap) -- South Korea's Hyundai Motor Group said Wednesday it will invest 21 trillion won (US$16.5 billion) to expand its domestic electric vehicle production capacity and develop r... 14:07 May. 18 -
#FSC official(LEAD) Regulators call for beefed-up financial market monitoring amid rising uncertainty
(ATTN: ADDS FSS chief's remarks in paras 5-7) SEOUL, May 18 (Yonhap) -- South Korea needs to keep close tabs on financial market situations with a "sense of crisis" that many potential risks facing... 14:00 May. 18
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(2nd LD) Hyundai to invest US$5 bln in U.S. for robotics, autonomous driving development -
(LEAD) Exports up 24 pct during first 20 days of May -
Market experts warn of asset bubble crash in S. Korea -
Foreign selling reaches 15 tln won in S. Korea this year
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(3rd LD) Hyundai to build US$5.54 bln EV, battery plant in Georgia
News Focus
Market
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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 -
Pandemic, election to put pressure on 2022 economic policy implementation
