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Home » Archives for January 16, 2024 » Page 8

January 16, 2024

Hyundai, Kia’s combined profit for 2023 expected to reach record 27 tln won

January 16, 2024

SEOUL, The combined operating profit for Hyundai Motor Co. and Kia Corp., South Korea’s leading automakers, is expected to have reached a record high of 27 trillion won (US$20.4 billion) last year, an estimate showed Tuesday.

The estimate by Yonhap …

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Yoon presents letters of appointment to FM, spy chief

January 16, 2024

SEOUL, President Yoon Suk Yeol on Tuesday presented letters of appointment to Foreign Minister Cho Tae-yul and Cho Tae-yong, South Korea’s new spy chief.

Yoon also awarded certificates of appointment to Industry Minister Ahn Duk-geun and Ryu Chul-wh…

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S. Korea to join U.S.-led multinational anti-submarine exercise

January 16, 2024

SEOUL, South Korea will join a U.S.-led multinational anti-submarine exercise in waters off Guam on Tuesday, the Navy said, in an effort to hone capabilities against underwater threats.

The Navy will deploy some 40 personnel and a P-3 maritime patro…

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Top nuclear envoys of S. Korea, U.S., Japan to hold talks this week

January 16, 2024

SEOUL, The chief nuclear envoys of South Korea, the United States and Japan will hold talks in Seoul this week on North Korea’s latest military provocations amid its growing ties with Russia, the foreign ministry said Tuesday.

Kim Gunn, special repr…

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Gov’t to front-load record yearly state budget in first half

January 16, 2024

SEOUL, Finance Minister Choi Sang-mok said Tuesday the government will administer more than 65 percent of this year’s fiscal spending in the first half in a move to boost domestic demand and support vulnerable people.

“It would be far from easy for …

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