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Wed, February 1, 2023 | 20:53
Hyundai's Jan. sales rise 8.4% despite chip shortage
Hyundai's Jan. sales rise 8.4% despite chip shortage
Hyundai Motor, Korea's biggest carmaker, said Wednesday its sales rose 8.4 percent last month from a year earlier despite an extended chip shortage.
2023-02-01 17:04
Retailers return to Myeong-dong as more foreign tourists visit
Retailers return to Myeong-dong as more foreign tourists visit
An increasing number of foreign tourists are visiting Myeong-dong, once a shopping and tourism mecca located in central Seoul, as Korea phases out quarantine measures against COVID-19. Many retailers that closed their stores during the pandemic are returning to the shopping street, this time in bigger and more glamorous spaces.
Kim Jae-heun | 2023-02-01 16:23
Korea suffers record-high trade deficit in January amid falling exports
Korea suffers record-high trade deficit in January amid falling exports
Korea registered an all-time high trade deficit of $12.69 billion (15.62 trillion won) in January, marking the 10th consecutive month of deficits, which were brought on by surging energy imports and plunging exports, the trade ministry said Wednesday. Experts say the recent slowed growth of exports will continue at least during the first half of this year, as global consumers...
Lee Kyung-min | 2023-02-01 16:18
Mercedes-Benz introduces luxury electric SUV
Mercedes-Benz introduces luxury electric SUV
Mercedes-Benz has introduced its large-sized electric vehicle (EV), the EQS SUV with an aim to increase its presence in the luxury EV market here, the Korean subsidiary of the German carmaker said Wednesday.
Baek Byung-yeul | 2023-02-01 16:06
Meeting with WTCR champions
Meeting with WTCR champions
Drivers who won the World Touring Car Cup (WTCR) share their experiences in the racing sport with Hyundai Motor employees at the company's headquarters in Seoul, Wednesday. Hyundai Motor said it invited drivers and team officials who won the WTCR, including Mikel Azcona, a driver for BRC Hyundai N Squandra Corse and champion of the 2022 WTRC Driver's Championship, driving Hyu...
Baek Byung-yeul | 2023-02-01 16:05
SsangYong's Jan. sales jump 46% on strong exports
SsangYong's Jan. sales jump 46% on strong exports
SsangYong Motor said Wednesday its sales jumped 46 percent last month from a year earlier, helped by robust sales of its SUV models.
2023-02-01 15:40
Baedal Minjok operator forms new company for server robot biz
Baedal Minjok operator forms new company for server robot biz
Woowa Brothers, the operator of food delivery app Baedal Minjok, said Wednesday it has established a new company to sell and develop server robots, as demand for automated services grows in Korea.
2023-02-01 15:19
Korean Air 2022 net nearly triples amid eased pandemic
Korean Air 2022 net nearly triples amid eased pandemic
Korean Air, Korea's biggest air carrier by sales, said Wednesday its net profit nearly tripled in 2022 from a year earlier as travel demand recovered amid eased COVID-19 virus curbs.
2023-02-01 14:43
S-Oil swings to red in Q4 on falling oil prices
S-Oil swings to red in Q4 on falling oil prices
S-Oil Corp. said Wednesday it shifted to the red in the fourth-quarter as a drop in global oil prices resulting in inventory losses hurt its bottom line.
2023-02-01 14:40
Samsung Heavy wins $495 mil. order for 2 LNG carriers
Samsung Heavy wins $495 mil. order for 2 LNG carriers
Korean shipyard Samsung Heavy Industries said Wednesday it has won a 609.7 billion-won ($495 million) order to build two liquefied natural gas (LNG) carriers for an Oceanian shipper.
2023-02-01 11:21
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Top 10 Stories
1Korean Lunar New Year vs. Chinese Lunar New Year Korean Lunar New Year vs. Chinese Lunar New Year
2US bill introduced to honor Korean War hero US bill introduced to honor Korean War hero
3Garbage collector mistakes sex doll for corpse Garbage collector mistakes sex doll for corpse
4South Korea, US to expand size and content of joint military drills South Korea, US to expand size and content of joint military drills
5Popular travel YouTuber recalls painful memories of being bullied at school Popular travel YouTuber recalls painful memories of being bullied at school
6Samsung refuses to cut chip output despite plunging profits Samsung refuses to cut chip output despite plunging profits
7Holy Moly concert series brings 4 punk bands to Haebangchon Holy Moly concert series brings 4 punk bands to Haebangchon
8IMF slashes Korea's 2023 economic growth outlook to 1.7% IMF slashes Korea's 2023 economic growth outlook to 1.7%
9Korean corporations' dividend payout system to follow global standards Korean corporations' dividend payout system to follow global standards
10Yoon urges private sector to use UAE's $30 bil. investment as stepping stone for 'Middle East boom' Yoon urges private sector to use UAE's $30 bil. investment as stepping stone for 'Middle East boom'
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