Youkyung Lee
The Associated Press
Korea, Republic of
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Past articles by Youkyung:
Tesla’s Stock Slide Has Korean Day Traders Boosting Purchases
(Bloomberg) -- A 13% tumble in Tesla Inc. shares last month wasn’t enough to stop Korean day traders from piling into the stock, with purchases reaching one ... → Read More
With automation, Korean dumplings go global in business bet
Move over pot stickers, here comes another Asian dumpling. South Korea's largest food company is making a multimillion-dollar bet on "mandu," developing its own machines to automate the normally labor-intensive production of the Korean dumpling and building factories around the world. ... → Read More
North, South Korean leaders to meet in Pyongyang in September
The leaders of North and South Korea will meet for what would be their third summit since April, coming amid renewed tension between the U.S. and North Korea. → Read More
South Korea: North Korean coal entered its ports illegally
SEOUL, South Korea (AP) - South Korea said a total of 35,000 tons of North Korean coal and pig iron worth $5.8 million illegally entered its ports last year, in possible violations of UN sanctions. Reporting on preliminary results from a 10-month investigation, the Korea Customs Service said Friday it is seeking prosecutions of three local companies and their executives for smuggling or forging… → Read More
South Korea: North Korean coal entered its ports illegally
South Korea said a total of 35,000 tons of North Korean coal and pig iron worth $5.8 million illegally entered its ports last year, in possible violations of UN sanctions. Reporting on preliminary results from a 10-month investigation, the Korea Customs Service said Friday it is seeking... → Read More
South Korea: North Korean coal entered its ports illegally
South Korea said a total of 35,000 tons of North Korean coal and pig iron worth $5.8 million illegally entered its ports last year, in possible violations of UN sanctions. Reporting on preliminary results from a 10-month investigation, the Korea Customs Service said Friday it is seeking... → Read More
Seoul: Rival Koreas to meet to prepare for leaders' summit
SEOUL, South Korea (AP) - The rival Koreas will meet Monday for high-level talks meant to prepare for a summit between North Korean leader Kim Jong Un and South Korean President Moon Jae-in, South Korea said, the third such meetings between the leaders in recent months. The announcement Thursday by the South's Unification Ministry, which handles inter-Korean issues for Seoul, comes amid attempts… → Read More
Seoul: Rival Koreas to meet to prepare for leaders' summit
The rival Koreas will meet Monday for high-level talks meant to prepare for a summit between North Korean leader Kim Jong-un and South Korean President Moon Jae-in, South Korea said, the third such meetings between the leaders in recent months. → Read More
Chinese stocks jump, other markets mixed as trade in focus
Chinese stocks have surged while other markets in Asia have remained mixed, as investors watched the latest developments on trade conflicts between the United States and China. → Read More
Global stock markets ease ahead of Wall Street open
Global stock markets were mixed Thursday with European stocks trading lower after Chinese markets finished with sharp gains, as investors focus on developments in the trade dispute between the United States and China. KEEPING SCORE: Britain's FTSE 100 fell 0.7 percent to 7,721 while... → Read More
Asian markets mixed as trade spat in focus, oil stabilizes
Asian stock markets are trading with mixed results with Chinese stocks outperforming the region, as investors watched developments on trade conflicts involving the U.S. and China. → Read More
Asian markets mixed as trade spat in focus, oil stabilizes
Asian stock markets were mixed on Thursday with Chinese stocks outperforming the region, as investors watched the latest developments on trade. Prices of oil stabilized. KEEPING SCORE: Japan's Nikkei 225 fell 0.3 percent to 22,584.18 while South Korea's Kospi inched down 0.2 percent to... → Read More
Samsung plans $22 billion for artificial intelligence, autos
Samsung, affiliates to put $22 billion into artificial intelligence, autos. → Read More
Samsung plans $22 billion for artificial intelligence, autos
SEOUL, South Korea (AP) - Samsung Electronics plans to spend a whopping $22 billion over the next three years on artificial intelligence, auto components and other future businesses as the company maps out its strategy under the restored leadership of Vice Chairman Lee Jae-yong after he was freed from prison. The announcement Wednesday by South Korea's biggest business group was welcome news,… → Read More
Samsung plans $22 billion for artificial intelligence, autos
Samsung Electronics plans to spend a whopping $22 billion over the next three years on artificial intelligence, auto components and other future businesses as the company maps out its strategy under the restored leadership of Vice Chairman Lee Jae-yong after he was freed from prison. The... → Read More
Samsung plans $22 billion for artificial intelligence, autos
Samsung Electronics plans to spend a whopping $22 billion over the next three years on artificial intelligence, auto components and other future businesses as the company maps out its strategy under the restored leadership of Vice Chairman Lee Jae-yong after he was freed from prison. → Read More
BMW apologizes over engine fires caused by hardware problem
SEOUL, South Korea (AP) - BMW AG's Korean unit apologized Monday over engine fires that prompted recalls and a probe, seeking to allay concerns over images of cars engulfed in flames. BMW Korea Chairman Kim Hyo-joon said the German carmaker will fully cooperate with the transport ministry's investigation and complete emergency safety inspections of its vehicles by next week. More than 20 cases… → Read More
BMW apologizes over engine fires caused by hardware problem
BMW AG Korea apologizes for engine fires that prompted recalls and a probe. → Read More
BMW apologizes over engine fires caused by hardware problem
BMW AG's Korean unit apologized Monday over engine fires that prompted recalls and a probe, seeking to allay concerns over images of cars engulfed in flames. BMW Korea Chairman Kim Hyo-joon said the German carmaker will fully cooperate with the transport ministry's investigation and... → Read More
Samsung Electronics misses forecast on lower phone sales
SEOUL, South Korea – Samsung Electronics Co. reported a lower-than-expected gain in the second-quarter earnings Tuesday, indicating an end to its streak of record-breaking financial results as sales of smartphones and display panels slowed while memory chip profit stabilized. The South Korean tech giant said that its April-June net income stood at 10.98 trillion won … → Read More