POSCO’s Q1 operating profit hits highest point in 10 years

SEOUL, April 12 (Yonhap) — South Korea’s leading steelmaker POSCO estimated Monday its first-quarter operating profit hit the highest point … ...

White House says battery dispute settlement by LG, SK makes them more reliable suppliers

WASHINGTON, April 12 (Yonhap) — The settlement of an electric vehicle battery dispute between two South Korean manufacturers will help … ...

ABS issuance dips 39.7 pct in Q1

SEOUL, April 13 (Yonhap) — The issuance of asset-backed securities (ABS) in South Korea plunged 39.7 percent in the first … ...

Household lottery spending gains 7.2 pct in 2020

SEJONG, April 13 (Yonhap) — South Korean households’ spending on lottery tickets rose more than 7 percent in 2020 despite … ...

Samsung maintains 2nd spot in chip revenue behind Intel in 2020: data

SEOUL, April 13 (Yonhap) — Samsung Electronics Co. maintained the status as the world’s second-largest semiconductor vendor by revenue last … ...

Number of unemployment benefit recipients hits record high in March amid pandemic

SEOUL, April 12 (Yonhap) — The number of unemployment benefit recipients reached a new monthly record in March, due mainly … ...

Seoul stocks inch up amid valuation pressure, KOSDAQ closes at 21-year high

SEOUL, April 12 (Yonhap) — South Korean stocks inched up on Monday, as investors took to the sidelines amid increased … ...

Pan Ocean signs another bunkering ship deal with Shell

SEOUL, April 12 (Yonhap) — Pan Ocean Co., South Korea’s second-largest shipper by sales, said Monday it has signed another … ...

Banks to tighten grip on loans in Q2 amid pandemic: poll

SEOUL, April 12 (Yonhap) — Banks in South Korea are expected to tighten their lending to households and big companies … ...

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