...way inflation. In Seoul, most major stocks lost ground across the board. Tech heavyweight Samsung Electronics slid 1.8 percent and top battery maker LG Energy Solution fell 1 percent. Steel giant Posco Holdings lost 0.7 percent and Kia, the smaller affiliate of Hyundai Motor, sank about 1 percent. The local currency was trading at 1,300.90 won against the US dollar as of 9:15 a.m., down 1.2 won...

Shares of Posco companies fluctuated Thursday after one of its two unions decided to leave the Korean Metal Workers’ Union, considered one of the most hard-line labor groups here, via ballot a day ea... prevent the Posco union from tearing away from KMWU, it expelled a number of executives from the Posco union. In response to the Posco union's recent decision to withdraw, Land Minister Won Hee-ryon...

...ed by LG Energy Solution (1.13 trillion won), Samsung SDI (1.02 trillion won) and SK hynix (650 billion won). Foreign buyers also bought shares of Samsung Electro-Mechanics, Hanhwa Solution, KT&G, Posco Chemical, Samsung Biologics and Korea Aerospace Industries. In October, foreign holdings of Kospi surpassed 31 percent. It was the first time in five months for the figure to make the recovery si...

.... Market heavyweight Samsung Electronics fell 0.3 percent and leading battery maker LG Energy Solution dipped nearly 1.5 percent. Platform giant Kakao was also down 1 percent and chemical producer Posco Chemical sank 3.6 percent. Big banking firms gathered ground, with KB Financial rising 0.8 percent and Shinhan Financial gaining 0.5 percent. The local currency was trading at 1,328.50 won again...

...0.83 percent to 60,600 won, with Kia, the smaller affiliate of Hyundai Motor advancing 2.9 percent to 67,300 won. Top battery maker LG Energy Solution rose 0.9 percent to 567,000 won. Steel giant POSCO Holdings slid 0.2 percent to 293,000 won, and smelting company Korea Zinc fell 2 percent to 633,000 won. Shares in Korea Air Lines and Asiana Airlines, South Korea's two largest air carriers, jum...

South Korean steel giant Posco said Sunday its production plants in Pohang and Gwangyang have received the ResponsibleSteel accreditation, becoming the first Asian company to win the honor. Responsi...ophy on corporate citizenship, Posco will become a company that makes a sustainable future,” said Posco Vice Chairman Kim Hag-dong. Under its long-term ESG plan, Posco hopes to establish a support sy...

...d temporary rules guaranteeing minimum freight rates, citing high fuel prices. The rules are set to expire at the end of this year. Steelmakers also suffered supply disruptions due to the strike. POSCO, the country's leading steelmaker, said it was considering using sea or rail routes to deliver steel. No. 2 steelmaker Hyundai Steel said it could not transport the daily shipment of 8,000 tons f...

... It was as silent as a graveyard inside the dark, dusty No. 2 rolled steel manufacturing plant at Posco’s steel mill in the southeastern city of Pohang on Wednesday, unlike three months ago when it wa...hough two months have passed, the destruction of the devastating storm was still laid bare at the Posco plant. A day after the typhoon hit, Posco had to halt all operations at the steel mill, a first...

...3.5 percent. Leading automaker Hyundai Motor Co. saw its inventory swell 24.4 percent to 8.4 trillion won, with that of its smaller affiliate Kia Corp. expanding 15.2 percent to 5.8 trillion won. Posco Energy Co. posted the highest inventory growth rate with 287.5 percent during the period, followed by auto parts maker Duckyang Industrial Co. with 271.5 percent, Samsung Biologics Co, with 245.2 ...

...rea by Aramco, the largest shareholder of the oil refiner. The local public-private energy consortium that comprises Korea Electric Power, Korea National Oil, Korea Southern Power, Samsung C&T and Posco signed an agreement with Saudi Arabia's Public Investment Fund to build a $6.5 billion green hydrogen and ammonia plant near Yanbu on Red Sea coast. PIF is the Saudi sovereign wealth fund with ove...

... tax credits only to electric vehicles assembled in North America. Top automaker Hyundai Motor surged 2.33 percent to 176,000 won, and its affiliate Kia jumped 2.79 percent to 69,500 won. Steelmakers also rose, with No. 1 steelmaker Posco advancing 3.15 percent to 294,500 won. The local currency ended at 1,325.9 won against the US dollar, down 7.5 won from the previous session's close. (Yonhap)

...Motor surged 3.49 percent, and its affiliate Kia soared 3.24 percent. Battery maker LG Energy Solutions inched up 0.16 percent, and No. 1 chemical firm LG Chem rose 1.22 percent. No. 1 steelmaker Posco also rose 2.45 percent. Internet giant Naver rose 0.26 percent, and Kakao, the operator of the popular mobile messenger Kakao Talk, added 1.36 percent. But market bellwether Samsung Electronics ...

...nder which they are to use 100 percent renewable energy without resorting to fossil fuels by 2050. At the meeting, the Ministry of Science and ICT made public ways to support hydrogen technology development for the private sector. Conglomerates and public firms, which will actively participate in the state-led project, will include Samsung, Hyundai Motor, SK, Posco, Lotte and Korea National Oil.

...700 won. Top internet portal operator Naver soared 5 percent to 177,500 won, and platform operator Kakao jumped 3.3 percent to 51,500 won. In contrast, chemical companies closed down. Leading player LG Chem fell 1.9 percent to 691,000 won, and Posco Chemical slid 1.4 percent to 211,500 won. The local currency ended at 1,384.90 won against the US dollar, up 16.3 won from Monday's close. (Yonhap)

Posco International said Tuesday that it clinched a partnership with Dutch hyperloop technology provider Hardt, with an aim to seek business opportunities in the global market for ultra high-speed, eco-friendly transportation system. Under the agreement, Posco International will work on securing a smooth supply of Posco-manufactured steel materials for hyperloop facilities in Europe, and work fu...