Thursday, December 7th, 2017

 

Former chief of Daewoo Shipbuilding gets 6 years in jail for accounting fraud

SEOUL, Dec. 7 (Yonhap) — A Seoul court on Thursday sentenced a former chief of Daewoo Shipbuilding & Marine Engineering Co. to six years in prison for accounting fraud and other charges. The Seoul Central District Court handed down the guilty ver Source: Money


(LEAD) Daewoo Shipbuilding wins US$480 mln ship orders

(ATTN: UPDATES with separate order) SEOUL, Dec. 7 (Yonhap) — Daewoo Shipbuilding & Marine Engineering Co., a leading global shipbuilder, said Thursday that it has clinched a 430.5 billion won (US$394 million) deal to build a vessel and an offshore fa Source: Money


Seoul stocks slump on foreign sell-offs

SEOUL, Dec. 7 (Yonhap) — South Korea’s main stock index fell on Thursday as foreign investors remained net sellers of stocks amid geopolitical worries in the Middle East. The Korean won rose against the U.S. dollar. The benchmark Korea Composite S Source: Money


S. Korea joins hands with Mongolia on patient follow-up program

SEOUL, Dec. 7 (Yonhap) — South Korea’s health ministry said Friday that it has reached an agreement with a Mongolian hospital to carry out patient follow-up measures aimed at improving the quality of medical treatment. According to the pact betwee Source: Money


Daewoo Shipbuilding wins US$394 mln ship order

SEOUL, Dec. 7 (Yonhap) — Daewoo Shipbuilding & Marine Engineering Co., a leading global shipbuilder, said Thursday that it has clinched a 430.5 billion won (US$394 million) deal to build a vessel and an offshore facility. In a regulatory filing wit Source: Money


(LEAD) Sweden Korea Young Design Week to kick off in Seoul

(ATTN: CHANGES photos) By Choi Soo-hyang SEOUL, Dec. 7 (Yonhap) — South Korea and Sweden are set to launch a joint design exhibition this week, organizers said Thursday, as part of their efforts to expand cultural exchanges between the two countrie Source: Money


(LEAD) S. Korea to step up economic cooperation with Russia

(ATTN: UPDATES with launch of business consultative body in last six paras) By Kim Eun-jung SEOUL, Dec. 7 (Yonhap) — South Korea will step up economic cooperation with Russia and northern states in various areas, including energy, shipbuilding, fish Source: Money


S. Korea aims to become global player in drone sector by 2030

By Kim Han-joo SEOUL, Dec. 7 (Yonhap) — South Korea unveiled a long-term plan Wednesday to develop unmanned vehicles, such as first passenger drones, with an aim of emerging as a global leader in the sector by 2030, the science ministry said Thursday Source: Money


Sweden Korea Young Design Week to kick off in Seoul

By Choi Soo-hyang SEOUL, Dec. 7 (Yonhap) — South Korea and Sweden are set to launch a joint design exhibition this week, organizers said Thursday, as part of their efforts to expand cultural exchanges between the two countries. Sweden Korea Young Source: Money


Hyundai workers stage partial strike for higher wages

SEOUL, Dec. 7 (Yonhap) — Workers at Hyundai Motor Co. walked away from their production lines Thursday in the latest partial strike as they pressed for higher wages and bonuses, an official said. The workers in the morning shift left their posts a Source: Money