Samsung Heavy wins 3.28 tln won vessel order

Submitted by YONHAP on

SEOUL, May 31 (Yonhap) -- Samsung Heavy Industries Co., a South Korean shipbuilder, said Tuesday that it has won a 3.28 trillion won (US$3.03 billion) order to build a floating oil production and s

Listed firms' net inches down 1.9 pct in Q1

Submitted by YONHAP on

SEOUL, May 31 (Yonhap) -- South Korea's listed companies and their affiliates saw their earnings slip 1.9 percent on-year in the first quarter due to weak performances by builders and technology fi

Lee to meet with ex-ruling party leader Park

Submitted by YONHAP on

SEOUL, May 31 (Yonhap) -- President Lee Myung-bak will meet with former ruling party chief Park Geun-hye later this week to talk about the outcome of her trip to Europe as a presidential envoy and

Hyundai Heavy wins US$600 mln deal for 3 vessels

Submitted by YONHAP on

SEOUL, May 31 (Yonhap) -- Hyundai Heavy Industries Co., South Korea's leading shipbuilder, said Tuesday that it has won a US$600 million deal to build three liquefied natural gas (LNG) carriers.

S. Koreans' interest payment burden on the rise

Submitted by YONHAP on

SEOUL , May 31 (Yonhap) -- South Koreans' burden to pay interest on their debts has been on the rise due to growing household debt and climbing lending rates, data showed Tuesday, spawning concerns

X