Cold wave pushes S. Korea's electricity consumption up 6.1% in Jan.
Feb 19, 2021 00:01 am UTC| Economy
South Korea consumed 49.89 billion kilowatt-hours (kWh) of power in January, up 6.1 percent from a year ago due to a severe cold wave and more working days despite a pandemic-induced business slump. The average...
S. Korea's chicken exports up 59.5% on-year in 2020
Feb 18, 2021 23:59 pm UTC| Economy
South Korea exported $21 million worth of chicken last year, up 59.5 percent from a year earlier, due to the growing demand for ready-to-eat products and the Korean pop cultures popularity. According to the report from...
S. Korea to slap anti-dumping tariffs to Chinese, Indonesian, Taiwanese flat-rolled steel
Feb 18, 2021 23:51 pm UTC| Economy
South Korea will slap anti-dumping tariffs on Chinese, Indonesian, and Taiwanese flat-rolled steel products based on a preliminary ruling by the Korea Trade Commission finding the said countries guilty of...
Hyundai Motor teams up with LG Energy, KST Mobility for leasing, recycling of EV batteries
Feb 18, 2021 23:48 pm UTC| Economy
The Hyundai Motor Group will collaborate with LG Energy Solution Ltd. and KST Mobility Co in executing a government initiative on electric-vehicle battery lease and recycling to reduce battery-related environmental...
S. Korea's PC exports up 15.7% in 2020
Feb 17, 2021 23:57 pm UTC| Business Economy
South Koreas personal computer (PC) shipments totaled 5.26 million units in 2020, up 15.7 percent from a year ago, due to the rise of online education and remote working amid the pandemic. According to market researcher...
Spain could convert the Nissan plant into a EV battery factory to save jobs
Feb 16, 2021 23:59 pm UTC| Economy
Spain may convert Nissans main car plant in Barcelona into an electric car battery production facility to preserve thousands of jobs. Nissans three plants in the Barcelona area directly employ around 3,000 people and...
Demand for container ships boosts outlook for Asian shiyards
Feb 16, 2021 23:56 pm UTC| Economy
The container ships on order rose by 23 to 201 last week, the biggest weekly gain in two years, boosting the outlook for Asian shipyards. Some of the worlds largest container-shipping lines are ordering new vessels to...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects