SEOUL– With veteran South Korean striker Hwang Ui-jo sidelined for upcoming World Cup qualifying matches, another Hwang said Monday he’s ready to step into that void. Wolverhampton Wanderers’ forward Hwang Hee-chan, no relation to Ui-jo, said he is looking forward to picking up the scoring slack when South Korea face the United Arab Emirates … Read more
SEOUL– South Korea’s vice foreign minister talked over phone with the U.S. special envoy on Iran and exchanged views on the ongoing efforts to resume nuclear talks with the Middle Eastern nation, the foreign ministry said Monday. Choi Jong-kun, first vice minister of foreign affairs, and Robert Malley discussed the issue, as world powers … Read more
SEOUL– CJ Cheiljedang Corp., South Korea’s leading food manufacturer, said Monday that its net profit increased 11.7 percent in the third quarter from a year earlier thanks to brisk demand at home and abroad for its processed food. Net income came to 211.2 billion won (US$178.5 million) on a consolidated basis in the July-September … Read more
SEOUL– Hyundai Home Shopping Network Corp. on Monday reported its third-quarter net income of 65.7 billion won (US$55.5 million), up 69.5 percent from a year earlier. Operating income for the July-September period was 27.4 billion won, down 29.3 percent from a year ago, the company said in a regulatory filing. Sales rose 7.6 percent … Read more
SEOUL– South Korea said Monday it plans to import 200 tons of urea from Vietnam next week in the latest move to help ease a supply shortage of urea water solution, a key material used in diesel vehicles to reduce emissions. The amount is part of 10,000 tons of urea that South Korea hopes … Read more
SEOUL– The top Chinese envoy here said Monday his country will do its best to help solve the urea water solution shortage in South Korea triggered by China’s curbs on exports of the material. Chinese Ambassador to South Korea Xing Haiming made the remarks in his meeting with Rep. Yun Ho-jung, floor leader of … Read more
SEOUL– South Korea’s vice foreign minister on Monday called for expanding cooperation between the country and the Middle East to new areas, including health care, eco-friendly energy and smart agriculture. Vice Minister Choi Jong-kun made the remarks at the Korea-Middle East Cooperation Forum in Seoul, attended both in person and online by government officials … Read more
SEOUL– Finance Minister Hong Nam-ki on Monday renewed his opposition to the provision of emergency relief funds to all people, saying it is more effective to support vulnerable people hit by the pandemic. Earlier in the day, the ruling Democratic Party (DP) floated the idea of providing 200,000-250,000 won (US$169-211) per person. It proposed … Read more