related to soaring fuel prices and minimum pay demands.( Reporting by Byungwook Kim, Joyce Lee, Heekyong

SEOUL( Reuters)-South Korean fintech company Kakao Pay Corp's planned initial public offering( IPO) next month is expected to raise up to 1.6 trillion won( US$ 1.4 billion), at the top end of an indicative price range, it said on Friday. Kakao Pay Corp, which is backed by Chinese e-commerce company Ant Group, expects to offer 17 million new shares in an indicative range of 63, 000-96, 000 won per share, it said in a regulatory filing. The unit of South Korea's top mobile messaging service compan

SEOUL( Reuters)-North Korea reported 21 new deaths on Friday among people with fevers, the state news agency reported on Saturday, as the country battles its first COVID-19 outbreak which state leader Kim Jong Un has called a" great turmoil". About 280, 810 people were being treated and 27 people have died since a fever of unidentified origins started to be reported in the country since late April, KCNA news agency said. State media did not say whether the new deaths were due to COVID.... KCNA

SEOUL( Reuters)-South Korean prosecutors have indicted the head of the Seoul Metropolitan Police Agency？... , charging him with contributing through negligence to the Halloween crowd crush in Seoul in 2022？... The indictment of Seoul police chief Kim Kwang-ho came more than a year after the crowd crush in October 2022, which killed 159 people on a Halloween weekend in the entertainment district of Itaewon in capital Seoul....

SEOUL( Reuters)-South Korea is turning to additional pharmaceutical tools as it looks to pre-empt a surge of COVID-19 omicron infections, authorising the use of Novavax Inc's vaccine on Wednesday and preparing to distribute the first of Pfizer's antiviral pills.At least 21, 000 of Pfizer's antiviral pills, called Paxlovid, will arrive in South Korea on Thursday, with another 10, 000 more expected to arrive by the end of the month, the health ministry said. The pills, which were authorised for em

Summary Companies LG Chem to build joint LFP cathode plant in Morocco with China's Youshan Company to enter LFP cathode business for the first time Company partners with Huayou Group to build 4 facilities in Morocco and Indonesia SEOUL, Sept 24( Reuters)-South Korea's LG Chem Ltd( 051910.KS) said on Sunday it has entered into partnership with China's Huayou Group's subsidiary Youshan to build a joint electric vehicle( EV) battery material plant in Morocco in an effort to diversify its portfolio.

SEOUL( Reuters)-A strike by South Korean truckers poses an early test for President Yoon Suk-yeol after a month in office, with the dispute threatening to distract from his agenda while raising the risk of long-term antagonism with powerful trade unions. Thousands of truckers went on strike for a fourth day on Friday in a protest over pay as fuel costs surge, disrupting industrial production, slowing port operations and posing new risks to a strained global supply chain.A political novice and fo

By Jonathan Saul, Muyu Xu and Yilei SunLONDON/ BEIJING( Reuters)-A new worldwide wave of COVID-19.... It's just not rising raw materials costs, but also container shipping prices have skyrocketed." Europe's biggest home appliances maker, Electrolux, warned this week of worsening component supply problems, which have hampered production.... Domino's Pizza said the supply-chain disruptions were affecting the delivery of equipment needed to build stores.U.S. AND CHINA STRUGGLEBuckling supply chai

The UK on Tuesday said it agreed to provide state support to one of the companies to restart production of by-product carbon dioxide, which is used in food production, to avert a supply crunch. Natural gas prices have risen sharply around the globe in recent months.... The pipeline project has drawn criticism from the United States, which says it will increase Europe’s reliance on Russian energy supplies. PRODUCTION DISRUPTIONSThe pressures so far have been particularly acute in Europe, where g