Trump Threatens 20% Tariff on EU Cars

U.S. President Donald Trump is threatening to impose a 20 percent tariff on vehicles assembled in the European Union and shipped to the United States, in retaliation for European tariffs on American imports.On Friday, the day new EU tariffs went into effect, Trump tweeted, “…if these Tariffs and B… Source: Culture

Today's Photo: June 23, 2018

Source: Culture

S. Korea, Russia to conduct joint studies on cross-border energy projects

SEOUL, June 22 (Yonhap) — South Korea and Russia will conduct a joint study to check the feasibility of cross-border energy projects involving North Korea and prepare negotiations for a trade deal to bolster bilateral economic ties, Seoul’s trade mini Source: Money

(LEAD) Shinsegae DF picked as new operator for airport duty-free shops

(ATTN: CHANGES headline, lead; minor edits throughout) SEOUL, June 22 (Yonhap) — The customs office said Friday that Shinsegae DF Inc. won the license to operate duty-free shops at Incheon International Airport, South Korea’s main gateway, a move tha Source: Money

(LEAD) Seoul, Moscow to seek start of FTA negotiations for service, investment: Moon

(ATTN: UPDATES with more remarks, additional details and more information from 6th para; ADDS photos) SEOUL, June 22 (Yonhap) — South Korea and Russia will soon launch negotiations for their first free trade agreement (FTA), South Korean President Mo Source: Money

Seoul, Moscow to seek start of FTA negotiations for service, investment: Moon

SEOUL, June 22 (Yonhap) — South Korea and Russia will soon launch negotiations for their first free trade agreement (FTA), South Korean President Moon Jae-in said Friday, calling for efforts to boost the countries’ bilateral trade to over US$30 billio Source: Money

(URGENT) Seoul, Moscow to seek start of FTA negotiations on service, investment: Moon

bdk@yna.co.kr (END) Source: Money

S. Korean Bond Yields on June 22, 2018

Today (%) Previous Session(%) Change (BP) 1-year TB 1.847 1.847 — 3-year TB 2.147 2.149 -0.2 10-year TB 2.608 2.594 +1. Source: Money

Hyundai Heavy to suspend operations at offshore facilities shipyard in August

SEOUL, June 22 (Yonhap) — Hyundai Heavy Industries Co. said Friday it will suspend work at its offshore facilities shipyard in August as orders have dried up, marking the latest setback for the world’s biggest shipbuilder. “We will halt operations Source: Money

Public sector net lending hits record high in 2017

SEOUL, June 22 (Yonhap) — South Korea’s public sector net lending hit a record high last year, thanks to a robust gain in tax revenues, data showed Friday. Net lending, which refers to total revenue minus total expenditure, came to 53.7 trillion Source: Money