South Korea
South Korea’s Oilmeals export stand at 3.85 lakh tonnes during 2015
SEOUL: The export of oilmeals during August 2015 is reported at just 91,834 tonnes against 1.57 lakh tonnes in August...
S.Korea plans to raise 2016 fiscal budget by 3%
SEOUL: South Korea plans to raise its 2016 fiscal budget by 3 percent compared with this year, bolstering worries about...
South Korea’s KSS Line order VLGC to service Gyxis Corporation
SEOUL: South Korean gas and chemicals shipping company KSS Line has ordered one very large gas carrier (VLGC) from Hyundai...
S.Korea’s online shopping rises 21.2% to $4.05bn in July
SEOUL: Online shopping in South Korea hit the record high as consumers refrained from going outside for shopping after the...
Incheon Airport duty free SME to invite luxury brands stock
SEOUL: Incheon Airport’s three new Small and Medium Enterprise (SME) duty free concession holders are understood to have experienced difficulties...
S. Korea suffering exports crisis badly: Trade Minister
SEOUL: South Korea s exports in August suffered their biggest fall in six years, hit by weak global demand and...
Korean thermal coal imports hit 8.55mmt, down 1% in June
SEOUL: South Korea imported 8.55 million mt of thermal coal in July, down 1% on the year but 4% higher...
Samsung to make first entry into American stock markets next year
SEOUL: South Korean IT giant Samsung is going to make its first entry into US stock markets next year. According...
HHI partners with Accenture to design connected smart ship system
SEOUL: South Korean shipbuilder Hyundai Heavy Industries (HHI) and Accenture, the global digital business leader, are collaborating to design a...
Daewoo Shipbuilding terminates 703.4b won contract
SEOUL: Daewoo Shipbuilding & Marine Engineering Co., South Korea’s No. 2 shipbuilder, said that it has terminated a contract with...
S. Korea’s beer imports reach $77.6m in Jan-Jul
SEOUL: South Korea's beer imports soared nearly 24 percent in the first seven months of this year, customs data showed...
Korean trade surplus jumps to $7.76b last month
SEOUL: The Ministry of Trade, Industry and Energy (MOTIE) announced on Aug. 1 that overall exports came to US$46.61 billion...
Amount of meth seized by S.Korean Customs drop 16.8% in H1
SEOUL: The amount of meth seized by South Korean customs decreased in the first half of 2015 from a year...
S.Korea “big three” shipbuilders suffer $4.1b losses in Q2
SEOUL: South Korea's big three shipbuilders logged the largest-ever loss in the second quarter due to losses from the delayed...
Samsung Electronics posts $5.9b operating profit in Q2
SEOUL: Samsung Electronics posted 6.9 trillion won (5.9 billion U.S. dollars) in operating profit in the second quarter, missing market...
South Korean auto exports dip 4.7% to $11.09b in Q2: Customs data
SEOUL: South Korea's auto exports declined in the second quarter amid surging demand for foreign luxury cars among local consumers,...
Hyundai Motor net profit falls 24% to 1.79t won in Q2
SEOUL: Hyundai Motor's second-quarter operating profit tumbled due to the relative strength of the South Korean currency compared with its...
S.Korea’s auto exports fall 4.7% to $11.09b in Q2: Customs
SEOUL: South Korea's auto exports declined in the second quarter amid surging demand for foreign luxury cars among local consumers,...
South Korea’s furniture imports jump 12.3% to $1.36b in H1
SEOUL: South Korea’s imports of furniture hit an all-time high in the first half of this year on the back...
South Korea’s crude imports drop 19.7% in June
SEOUL: South Korea's crude oil imports from Iran dropped 19.7 percent in June from a year earlier, and its shipments...
