Nexon's open-world MMORPG 'Durango: Wild Land' draws 2 mln preregistrations

SEOUL, Jan. 16 (Yonhap) — South Korea’s top game publisher Nexon Korea Co. said Tuesday that its highly anticipated massively multiplayer online role-playing game (MMORPG) “Durango: Wild Land,” drew more than 2 million preregistrations in four weeks. Source: Money

Hite Jinro opens new branch in Vietnam

SEOUL, Jan. 16 (Yonhap) — Hite Jinro Co., South Korea’s leading liquor manufacturer, said Tuesday it has established a new branch in Vietnam, as it attempts to tap deeper into the large Southeast Asian market. The launch of the new branch in Ho Ch Source: Money

Face value of damaged banknotes, coins rises 21 pct in 2017

SEOUL, Jan. 16 (Yonhap) — South Korea’s central bank said Tuesday that the face value of damaged banknotes and coins rose 21 percent in 2017 over the previous year. The face value of damaged banknotes and coins exchanged at local banks, including Source: Money

Hyundai unveils all-new Veloster at Detroit auto show

SEOUL, Jan. 16 (Yonhap) — Hyundai Motor Co. has unveiled the fully revamped Veloster hatchback and the high-performance Veloster N model at the Detroit motor show, the company said Tuesday. The launch of the quirky three-passenger-door coupe comes Source: Money

99 pct of bond traders expect BOK to freeze key rate this week

SEOUL, Jan. 16 (Yonhap) — Ninety-nine percent of bond traders and investors surveyed in South Korea expect the Bank of Korea (BOK) to freeze its key interest rate this week, a private survey showed Tuesday. Most market players predicted that the B Source: Money

S. Korea's ICT exports hit record-high in 2017

SEOUL, Jan. 16 (Yonhap) — South Korean exports of information and communication technology (ICT) products rose to a record high last year on upbeat sales of semiconductors, government data showed Tuesday. A total of US$197.6 billion worth of ICT p Source: Money

S. Korea's auto exports fall 3.5 pct in 2017

SEOUL, Jan. 16 (Yonhap) — South Korea’s automobiles exports declined 3.5 percent in 2017 from a year earlier due to weak demand in major markets, including the United States, government data showed Tuesday. The number of vehicles shipped abroad st Source: Money

S. Korea launches gov't team to support N. Korea's Olympic participation

SEOUL, Jan. 16 (Yonhap) — South Korea on Tuesday launched a government team to support the activities of the North Korean delegation to the 2018 PyeongChang Winter Olympics, the unification ministry said. The team of about 20 officials from the mi Source: Money

Samsung, LG to release new AI-based air conditioners this month: sources

SEOUL, Jan. 16 (Yonhap) — South Korean air conditioner manufacturers will begin selling new air conditioners this month, well ahead of summer, promoting models with artificial intelligence (AI) and the Internet of Things (IoT) technology, industry sou Source: Money

(LEAD) Hyundai workers approve 2nd tentative wage deal

(ATTN: REWRITES throughout; COMBINES Kia’s tentative wage agreement story) SEOUL, Jan. 16 (Yonhap) — Unionized workers at Hyundai Motor Co. have approved the second tentative wage deal for 2017, concluding the long-drawn-out negotiations, the carmake Source: Money