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Category: Economy

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Seoul stocks up for 5th session on economic rebound hope

SEOUL, April 16 (Yonhap) — South Korean shares advanced for the fifth day Friday, finishing just shy of the 3,200-point … ...

April 16, 2021April 16, 2021
  • Economy

Korea Shipbuilding bags 636 bln-won order for 3 LNG carriers

SEOUL, April 16 (Yonhap) — Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Friday it has obtained a 636 billion … ...

April 16, 2021April 16, 2021
  • Economy

Air carriers to cut fuel surcharges on int’l routes in May

SEOUL, April 16 (Yonhap) — South Korean airlines will lower fuel surcharges on international routes in May amid falling jet … ...

April 16, 2021April 16, 2021
  • Economy

Kakao founder sells 500 bln won worth of stocks as part of donation pledge

SEOUL, April 16 (Yonhap) — The founder of South Korea’s top mobile messenger operator Kakao Corp. and his wholly-owned company … ...

April 16, 2021April 16, 2021
  • Economy

S. Korea to boost spending on R&D for next-generation cars

SEOUL, April 16 (Yonhap) — South Korea said Friday it plans to increase investment in research & development (R&D) on … ...

April 16, 2021April 16, 2021
  • Economy

Hanjin Heavy slumps after takeover deal

SEOUL, April 16 (Yonhap) — Shares in Hanjin Heavy Industries & Construction Co. slumped Friday after its creditors signed a … ...

April 16, 2021April 16, 2021
  • Economy

Hyundai to again suspend plant over chip shortage

SEOUL, April 16 (Yonhap) — Hyundai Motor Co. said Friday it will again suspend the Sonata-producing plant in South Korea … ...

April 16, 2021April 16, 2021
  • Economy

Hyundai Motor, SK Innovation team up for HEV battery development

SEOUL, April 16 (Yonhap) — South Korean auto giant Hyundai Motor Group said Friday it will collaborate with local battery … ...

April 16, 2021April 16, 2021
  • Economy

Slump in domestic demand eases amid pandemic: finance ministry

SEOUL, April 16 (Yonhap) — The South Korean economy is on a recovery track as exports remain robust and a … ...

April 16, 2021April 16, 2021
  • Economy

Seoul stocks open higher on Wall Street rally

SEOUL, April 16 (Yonhap) — South Korean shares opened higher Friday, taking a cue from an overnight rally on Wall … ...

April 16, 2021April 16, 2021

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