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Reporter : Nam Hyun-woo

Sat, July 20, 2019 | 14:23

Lotte bears brunt of Japan trade conflict

A fast-growing consumer boycott on Japanese products is dealing a heavy blow to Lotte Group, as key targets of the consumer-based movements are affiliated with the conglomerate's retail units, industry officials said Friday.

Retail & Food | 2019-07-19 16:35

Sanctions halve North Korea's 2018 trade

North Korea's trade was halved last year, in an apparent consequence of United Nations Security Council sanctions on the reclusive regime, a report showed Friday.

North Korea | 2019-07-19 16:35

Samsung SDI batteries to power Volvo electric trucks

Samsung SDI will develop battery packs for Volvo Group's electric trucks, the carmaker said Thursday. This will mark a major expansion in the battery maker's electric vehicle portfolio.

IT | 2019-07-18 16:52

Manufacturers mired in conflicts with unions

Manufacturers here are facing increasing uncertainty over business operations in the latter half of the year after struggles in wage negotiations have led to some unions threatening to strike, industry analysts said Thursday.

Auto | 2019-07-18 16:52

Kia Seltos rolls out

Kia Motors Vice President Kwon Hyuk-ho, second from left, and officials at the carmaker pose with the Seltos during the vehicle's launching ceremony in Yeoju, Gyeonggi Province, Thursday. The compact SUV comes with both 1.6-liter petrol and diesel powertrains, and the price starts at 19.29 million won. Courtesy of Kia Motors

Auto | 2019-07-18 16:52

Hyundai, BMW, Ford to recall over 10,000 vehicles

Hyundai Motor, BMW, Ford and Maserati will voluntarily recall more than 10,813 vehicles due to manufacturing defects, the transport ministry said Thursday.

Auto | 2019-07-18 16:20

KCCI head calls for national unity in dealing with Japan

Koreans should come together, regardless of their political views, to help the Moon Jae-in administration more effectively deal with the escalating trade conflict with Japan, the head of the country's largest business association said Wednesday.

Manufacturing | 2019-07-18 16:20

'Korea-Japan trade friction to hurt global value chain'

Japan's escalating moves to place restrictions on trade with Korea will end up dealing a heavy blow to the global value chain, which refers to different stages of the production process being distributed across different countries, the head of Korea's largest trade association said Wednesday.

Manufacturing | 2019-07-17 17:19

Washington unwilling to actively mediate Seoul-Tokyo trade friction

KOGAS expands overseas natural gas projects

Korea Gas Corp. (KOGAS) is expediting its overseas natural gas projects ranging from exploration to distribution, offering Korea some stability in securing the energy source, according to the state-run firm, Wednesday.

Energy | 2019-07-17 16:00

Farmers, fishermen fear Japan's expanding export curbs

The domestic agriculture and fishery industries are expressing growing concern that their products could be the next target of Japan's trade restrictions against Korea, local officials said Tuesday. They fear Tokyo may raise non-tariff barriers, such as tougher customs clearance procedures for food products, as Japan is poised to expand its export curbs to various items. The ...

Retail & Food | 2019-07-16 17:18

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