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  S. Korea's financial market stable amid U.S. bank collapses: finance minister

  By Kang Yoon-seungSEOUL, March 14 (Yonhap) -- South Korea's financial market remains stable despite the failures of two U.S. banks, but the government will promptly come up with stabilization measures, if necessary, the finance minister said Tues
• Import prices up in Feb. on won's fall, higher oil prices

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  SEOUL, March 14 (Yonhap) -- South Korea's import costs grew in February as the local currency's fall and higher oil prices drove up the price of buying goods overseas, central bank data showed Tuesday. The import price index rose 2.1 percent
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  (2nd LD) SVB collapse to have limited impact on global market: finance minister

  (ATTN: ADDS gov't plan to hold meeting with financial regulators, Bank of Korea in 8th para)By Kang Yoon-seungSEOUL, March 13 (Yonhap) -- The collapse of the United States-based Silicon Valley Bank (SVB) is expected to have a limited impact on th
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  (3rd LD) Fitch keeps S. Korea's credit rating unchanged at 'AA-,' outlook stable

  (ATTN: UPDATES with details, finance ministry's response throughout; ADDS photo)By Kang Yoon-seungSEOUL, March 13 (Yonhap) -- Global credit appraiser Fitch Ratings said Monday it has reaffirmed South Korea's sovereign rating at "AA-&qu
• (2nd LD) Fitch keeps S. Korea's credit rating unchanged at 'AA-,' outlook stable

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  (ATTN: UPDATES with details throughout)By Kang Yoon-seungSEOUL, March 13 (Yonhap) -- Global credit appraiser Fitch Ratings said Monday it has reaffirmed South Korea's sovereign rating at "AA-" with a stable outlook, while suggesting a
• (LEAD) Fitch keeps S. Korea's credit rating unchanged at 'AA-,' outlook stable

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  (ATTN: UPDATES with details throughout)SEOUL, March 13 (Yonhap) -- Global credit appraiser Fitch Ratings said Monday it has reaffirmed South Korea's sovereign rating at "AA-" with a stable outlook.Fitch's rating for South Korea ha
• Fitch keeps S. Korea's credit rating unchanged at 'AA-,' outlook stable

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  SEOUL, March 13 (Yonhap) -- Global credit appraiser Fitch Ratings said Monday it has reaffirmed South Korea's sovereign rating at "AA-" with a stable outlook.Fitch's rating for South Korea has been AA-, the fourth-highest level on
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  Hyundai Motor in process to acquire GM plant in India

  SEOUL, March 13 (Yonhap) -- Hyundai Motor Co., South Korea's leading carmaker, said Monday it is in the process of acquiring General Motors Co.'s car manufacturing facility in India. Hyundai Motor has signed a term sheet with GM to take over
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  S. Korean carriers to expand flights to China amid virus downturn

  SEOUL, March 13 (Yonhap) -- South Korean airlines said Monday they will expand flights to China from later this month, as the two countries recently agreed to increase flights on their routes to pre-pandemic levels.Seoul and Beijing have the right to
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  Yoon orders close examination of financial impact of SVB's collapse

  SEOUL, March 13 (Yonhap) -- President Yoon Suk Yeol instructed the government Monday to closely examine the impact of Silicon Valley Bank's collapse on the domestic economy and financial markets, his office said.Yoon gave the instruction during a
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  (LEAD) SVB collapse to have limited impact on global market: finance minister

  (ATTN: ADDS gov't emergency meeting on exports in paras 6-8)By Kang Yoon-seungSEOUL, March 13 (Yonhap) -- The collapse of the United States-based Silicon Valley Bank (SVB) is expected to have a limited impact on the global financial market, altho
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  (LEAD) BOK closely monitoring impact of SVB collapse on financial markets, economy

  (ATTN: ADDS FSS's review in paras 7-8; UPDATES last para)SEOUL, March 13 (Yonhap) -- The Bank of Korea (BOK) said Monday that it will closely monitor any impact of last week's collapse of a U.S. tech startup-focused lender on domestic financi
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  S. Korea to attend IPEF's 2nd round of official negotiations this week in Bali

  SEOUL, March 13 (Yonhap) -- South Korea will participate in the second round of official negotiations for the United States-led Indo-Pacific Economic Framework (IPEF) to be held in Indonesia this week to discuss the fair economy, trade, supply chains
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  Hyundai launches Avante upgraded model in S. Korea

  SEOUL, March 13 (Yonhap) -- South Korea's Hyundai Motor Co. on Monday launched the upgraded Avante compact in the domestic market, with its performance version set to be released later this year. The New Avante, a face-lifted model in three years
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  SVB collapse to have limited impact on global market: finance minister

  By Kang Yoon-seungSEOUL, March 13 (Yonhap) -- The collapse of the United States-based Silicon Valley Bank (SVB) is expected to have a limited impact on the global financial market, although uncertainties will linger amid monetary-tightening moves, th
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  BOK closely monitoring impact of SVB collapse on financial markets, economy

  SEOUL, March 13 (Yonhap) -- The Bank of Korea (BOK) said Monday that it will closely monitor any impact of last week's collapse of a U.S. tech startup-focused lender on domestic financial market and economic conditions, though it dismissed worrie
• (LEAD) Exports down 16 pct during first 10 days of March

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  (ATTN: UPDATES with details throughout)By Kang Yoon-seungSEOUL, March 13 (Yonhap) -- South Korea's exports fell 16.2 percent on-year in the first 10 days of March, data showed Monday, due to sluggish shipments of chips. The country's outbound
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  Exports down 16 pct during first 10 days of March

  SEOUL, March 13 (Yonhap) -- South Korea's exports fell 16.2 percent on-year in the first 10 days of March, data showed Monday, due to sluggish shipments of chips. The country's outbound shipments stood at US$15.8 billion in the March 1-10 per
• S. Korea to expand trade financing, support to bolster exports

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  By Kang Yoon-seungSEOUL, March 13 (Yonhap) -- South Korea plans to provide up to 364.5 trillion won (US$275.5 billion) in trade financing to exporters this year in line with efforts to bolster outbound shipments amid a prolonged trade deficit, the fi
• Top headlines in major S. Korean newspapers

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  SEOUL, March 13 (Yonhap) -- The following are the top in major South Korean newspapers on March 13.Korean-language dailies-- Workweek reform spawns concerns it could revive 'crunch mode' in IT industry (Kyunghyang Shinmun)-- Beleaguered S. K