Seoul bourse to provide capital market info in English

SEOUL– South Korea’s bourse operator said Sunday that it will launch a domestic capital market information portal in English this week to provide more information to foreign investors. The service,…

GS launches its venture capital for investment in promising startups

SEOUL– South Korean conglomerate GS Holdings said Sunday that it has set up a corporate venture capital (CVC) firm to invest in promising startups. GS Ventures plans to invest in…

Missing captain found dead after boat capsizes off southwestern coast

JINDO, South Korea– The captain of a fishing boat that had capsized in waters off South Korea’s southwestern coast was found dead Sunday, the Coast Guard said. The Coast Guard…

Hyundai set to sell over 3 mln eco-friendly cars in H1

SEOUL– Hyundai Motor Group is expected to achieve 3 million units in accumulated environment-friendly vehicle sales in the first half, driven by new models, industry sources said Sunday. The South…

SK hynix to diversify chip biz, collaborate with Qualcomm

LAS VEGAS, Jan. 8 (Yonhap) — SK hynix Inc., a South Korean memory chip maker, has said it will invest in the joint establishment of a chip firm in the…

Kia Tigers sign ex-MLB pitcher Sean Nolin

SEOUL– The Kia Tigers signed former major league pitcher Sean Nolin on Sunday, filling up their foreign player quota for 2022 with three new faces. The Korea Baseball Organization (KBO)…

Alpine snowboarder Lee Sang-ho wins World Cup bronze, bolsters Beijing medal hope

SEOUL– South Korean alpine snowboarder Lee Sang-ho has collected his fourth medal in the ongoing World Cup season, further brightening hope of a second straight Olympic podium finish in Beijing…

S. Korea’s kimchi exports hit new high in 2021

SEOUL– South Korea’s exports of kimchi hit an all-time high last year thanks to its growing popularity, data showed Sunday. Outbound shipments of the spicy Korean traditional side dish came…

Lotte E&C and Hyundai Engineering win orders to build giant chemical complex in Indonesia

SEOUL– Lotte Engineering & Construction Co. and Hyundai Engineering Co. said Sunday they have signed US$2.39 billion deals to construct a giant petrochemical complex in Indonesia. Under separate deals with…

S. Korean economy faces heightened downside risks: KDI

SEOUL– The South Korean economy faces heightened downside risks, as the country has tightened antivirus measures to curb the spread of COVID-19 cases and the global economic recovery has slowed…