Inflation growth hits over 2 pct for 3rd straight month in June
SEOUL, South Korea’s consumer prices grew more than 2 percent for the third straight month in June on higher prices of farm and oil products, data showed Friday, indicating that…
Business
Hyundai, Kia’s U.S. sales up 44 pct in June
SEOUL, Hyundai Motor Co. and its affiliate Kia Corp. said Friday their combined sales jumped 44 percent in the United States last month from a year earlier on strong demand…
Didim to raise 1 bln won via stock sale
SEOUL, Didim Inc. on Friday announced that it will sell stocks to raise 1 billion won(US$881,599). The proceeds from the stock offering will be used primarily to finance its operations.…
LG Electronics to post strong Q2 earnings on home appliance biz: analysts
SEOUL, LG Electronics Inc. is likely to report strong second-quarter earnings, analysts said Friday, as its mainstay home appliance business continued to rack up solid results. The South Korean tech…
Fleets of Hyundai Xcient fuel cell trucks exceed 1 mln km driving
SEOUL, South Korean automaker Hyundai Motor Co. said Friday its fleets of Xcient fuel cell trucks have surpassed 1 million kilometers of driving since they hit the roads in Switzerland…
Korea Shipbuilding wins 215.5 bln won order for LNG carrier
SEOUL, Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Friday it has bagged a 215.5 billion-won (US$190 million) order for a liquefied natural gas (LNG) carrier. The order awarded by…