GM Korea’s Dec. sales dip 71 pct on chip shortages
SEOUL-- GM Korea Co. said Monday its sales tumbled 71 percent last month from a year earlier as chip shortages continued to disrupt its production.The South Korean unit of General…
January 3, 2022
Weekend border crosser is N. Korean defector: S. Korea’s military
SEOUL-- The man who crossed the eastern inter-Korean border into North Korea over the weekend was found to be a North Korean defector, an official at South Korea's defense ministry…
Finance minister sees urgent need to stabilize inflation, housing market
SEOUL-- Finance Minister Hong Nam-ki said Monday the government needs to mobilize all available policy means to tame inflationary pressure and stabilize the housing market in the new year.Hong also…
Hyundai’s Dec. sales fall 11 pct amid chip shortage
SEOUL-- Hyundai Motor Co., South Korea's biggest carmaker, said Monday its sales fell 11 percent last month from a year earlier amid global chip shortages.Hyundai Motor sold 334,242 vehicles in…
S. Korea reports first omicron-linked deaths
GWANGJU-- South Korea on Monday reported its first deaths linked to the omicron variant of the coronavirus.A 98-year-old patient at a senior care hospital in Gwangju, 330 kilometers south of…
SsangYong’s Dec. sales fall 17 pct amid chip shortage
SEOUL-- SsangYong Motor Co. said Monday its sales fell 17 percent last month from a year earlier as a prolonged chip shortage continued to affect its vehicle production.SsangYong Motor sold…