July exports best-ever in Korea’s history   Minister of Trade, Industry and Energy Moon Sung-wook (Yonhap)   South Korea’s exports in July surged 29.6 percent to $55.4 billion on-year, a record monthly figure since the nation began compiling the data in 1956, according to the Trade Ministry Sunday.   In the first seven months of

S. Korea, ASEAN to upgrade their FTA (Yonhap)   South Korea's trade ministry said Tuesday it has launched talks with ASEAN to update their free trade agreement (FTA) and further lower trade barriers, as the country seeks to diversify its trade portfolio and expand its presence in Southeast Asia.   Officials from the two held

(2nd LD) S-Oil shifts to black in Q2 on higher petrochem product prices (ATTN: ADDS closing share price at bottom) BY Kim Eun-jung   SEOUL, July 27 (Yonhap) -- S-Oil Corp., South Korea's No. 3 refiner, said Tuesday it turned to the black in the second quarter from a year earlier led by higher sales

SME exports hit record high in H1 despite pandemic SEOUL, July 21 (Yonhap) -- Exports by South Korean small and medium-sized enterprises (SMEs) jumped nearly 22 percent to a new high in the first half of the year despite the coronavirus pandemic, government data showed Wednesday.   Local SMEs' overseas shipments came to US$56.5 billion

(LEAD) Exports up 32.8 pct in first 20 days of July   (ATTN: UPDATES throughout with details, photo)   SEOUL, July 21 (Yonhap) -- South Korea's exports rose 32.8 percent on-year in the first 20 days of July on the back of robust demand for chips, autos and petroleum products, customs data showed Wednesday.  

S. Korea's ICT exports hit record high in June This file photo, taken June 1, 2021, shows ships carrying containers docking at a port in the southeastern city of Busan. (Yonhap)   South Korea's exports of information and communication technology (ICT) products reached a record high in June, data showed Wednesday, on the back of

Lotte Chemical to invest W4.4tr in hydrogen business by 2030 Lotte Chemical Co.'s logo for its hydrogen business road map is seen in this image provided by the company on Tuesday. (Lotte Chemical Co.)   Lotte Chemical Co., a major South Korean petrochemical company, said Tuesday it will invest 4.4 trillion won ($3.8 billion) in

(LEAD) Exports up 14.1 pct in first 10 days of July (ATTN: UPDATES with more details from para 3; ADDS photo) By Kim Soo-yeon   SEOUL, July 12 (Yonhap) -- South Korea's exports rose 14.1 percent on-year in the first 10 days of July on the back of robust demand for chips, autos and petroleum

(LEAD) S&P raises 2021 growth outlook for S. Korean economy to 4 pct (ATTN: UPDATES with more details in paras 6-8)   SEOUL, July 7 (Yonhap) -- Global credit appraiser Standard & Poor's Global Ratings (S&P) on Wednesday revised up its 2021 growth outlook for the South Korean economy to 4 percent amid robust exports.

Current account surplus widens in May on robust exports By Kim Deok-hyun   SEOUL, July 7 (Yonhap) -- South Korea's current account surplus sharply widened in May as exports maintained strong growth and companies received dividends from overseas affiliates, central bank data showed Wednesday.   The current account surplus reached US$10.97 billion in May, widening