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WebEgypt seeks greater S. Korean investment, deeper economic ties: envoy
8+ hour, 4+ min ago (363+ words) SEOUL, July 16 (Yonhap) -- Egypt is seeking to expand economic cooperation with South Korea and attract greater investment from Korean companies as it pursues sustainable development under its Vision 2030 strategy, the Egyptian ambassador to Seoul said Thursday. Ambassador Hazem Zaki made…...
Golfer Ryu Hae-ran says she 'envied' LPGA major champion label
9+ hour, 34+ min ago (426+ words) SEOUL, July 16 (Yonhap) -- South Korean golfer Ryu Hae-ran said Thursday that she had long envied players introduced as "major champions," a label she says still feels surreal after capturing two consecutive major titles on the LPGA Tour. The 25-year-old claimed…...
Hanwha Aerospace wins Army unmanned ground vehicle deal: arms agency
11+ hour, 10+ min ago (294+ words) SEOUL, July 16 (Yonhap) -- Hanwha Aerospace Co. has won the contract to supply unmanned ground vehicles (UGVs) to the Army, the arms procurement agency said Thursday, a move expected to speed up the military's high-tech modernization drive. The Defense Acquisition Program…...
BOK raises benchmark rate by 25 basis points to 2.75 pct
17+ hour, 1+ min ago (14+ words) Yonhap News Agency...
Regulator unveils measures on leveraged ETFs amid wild swings
12+ hour, 2+ min ago (238+ words) SEOUL, July 16 (Yonhap) -- The country's financial regulator on Thursday unveiled a set of measures on leveraged exchange-traded funds (ETFs) to help ensure market stability and protect investors, as the country is experiencing extreme market volatility. According to the Financial Services…...
(2nd LD) Agencies, producers pledge to cap actors' fees for state-supported films
12+ hour, 8+ min ago (366+ words) SEOUL, July 16 (Yonhap) -- Film producers and major talent agencies on Thursday agreed to cooperate to cap actors' appearance fees at below 10 percent of net production costs for state-backed mid- and low-budget films, in a bid to revive the country's struggling film…...
(2nd LD) Seoul shares fall again, dropping over 6 pct on tech losses amid Middle East tensions
12+ hour, 10+ min ago (412+ words) (ATTN: ADDS bond yields at bottom) SEOUL, July 16 (Yonhap) -- Seoul shares again plummeted Thursday, led by steep losses in technology heavyweights, as escalating tensions in the Middle East weighed on investor sentiment. The Korean won rose against the U.S. dollar. After…...
Hyundai Motor workers to extend strikes over pay dispute
11+ hour, 44+ min ago (247+ words) SEOUL, July 16 (Yonhap) -- Hyundai Motor's union said Thursday its workers will extend their partial strikes next week in a bid to secure higher wages, raising concerns over production disruptions at South Korea's largest automaker. Hyundai workers already staged partial strikes…...