February 21, 2024

Exports fall 7.8 pct during first 20 days of February

SEOUL, South Korea’s exports fell 7.8 percent on-year in the first 20 days of this month due mainly to fewer working days, data showed Wednesday.

Outbound shipments reached US$30.72 billion in the Feb. 1-20 period, compared with $33.33 billion tallie…

Container shipper HMM wins top score in climate change

SEOUL, South Korea’s No. 1 container shipper HMM Co. said Wednesday it has clinched a “leadership score” in climate change from a global sustainable management ratings agency.

Last year, HMM received an A- score from Carbon Disclosure Project (CDP) i…

Growth of wage worker jobs slows in Q3: data

SEOUL, Hiring of wage worker jobs in South Korea grew at a slower pace in the third quarter of 2023 amid an economic slowdown, and newly added paid employee jobs for people in their 40s fell for the first time in four years, data showed Wednesday.

Th…

S. Korea, EU hold new round of talks on digital trade pact

SEOUL, South Korea and the European Union have begun the second round of talks on a bilateral digital trade agreement in an effort to seek broader partnership in the digital domain, Seoul’s industry ministry said Wednesday.

The negotiation kicked off…

Hanwha Ocean shifts to black in Q4

SEOUL, Hanwha Ocean Co. on Wednesday reported its fourth-quarter net profit of 286 billion won (US$214.1 million), turning from a loss of 430.3 billion won a year earlier.

The company said in a regulatory filing that it continued to post an operating…