SEOUL, Sales of diesel automobiles built by local manufacturers fell more than 20 percent on-year through the third quarter of 2023, data showed Sunday, amid the rising preference for electric vehicles in the market.South
SEOUL, South Korea’s Hyundai Motor Group stands as the second-largest player in the U.S. market for electric vehicles despite concerns surrounding Washington’s protectionism policy, data showed Sunday.Hyundai Motor Co. took up 4.8 percent of
Bandarlampung (ANTARA) – Deputy Minister of Trade (Wamendag) Jerry Sambuaga stated that the government would continually strive to maintain stability in food prices for the public until the end of the year.”Earlier, we monitored
Raja Ampat, Papua (ANTARA) – Director of the Economic and Monetary Policy Department of Bank of Indonesia (BI), Erwindo Kolopaking, stated that Gen X and Gen Z support domestic economic growth with their consumption
SEOUL, – Lotte Chemical Corp. on Thursday reported its third-quarter net income of 32.8 billion won (US$25 million), shifting from a loss of 31.1 billion won a year earlier.Operating profit for the July-September period
SEOUL, – The head of South Korea’s financial regulator on Thursday hinted at extending a ban on stock short selling, saying he would “consider many issues” over a possible extension.”I believe we will have
SEOUL, – LG Corp. on Thursday reported its third-quarter net income of 465.5 billion won (US$355.1 million), up 2.1 percent from a year earlier.The company said in a regulatory filing that operating profit for
SEOUL, SK Telecom Co. on Wednesday reported its third-quarter net income of 308.2 billion won (US$236.3 million), up 25.5 percent from a year earlier.The company said in a regulatory filing that it posted 498
GWANGJU, A production plant of Kia Corp., South Korea’s second-largest automaker, has been suspended following a fatal accident at one of its parts subcontractors, according to company officials Wednesday.According to plant officials, production at
SEOUL, South Korean stocks opened higher Wednesday, tracking overnight gains on Wall Street over a slide in Treasury yields there.The benchmark Korea Composite Stock Price Index (KOSPI) rose 10.84 points, or 0.44 percent, to
