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  Food company Dongwon pushes to acquire McDonald's Korea

  SEOUL, Feb. 6 (Yonhap) -- Dongwon Group, a major South Korean food company, is pushing to acquire McDonald's Korea, industry sources said Monday, in the food maker's push to strengthen its restaurant business.Dongwon Industries Co., the holdi
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  (LEAD) S. Korea to employ UAM vehicles for visitors during 2030 World Expo

  (ATTN: ADDS more details on campaign, comments in last 6 paras)SEOUL, Feb. 6 (Yonhap) -- South Korea will push to use urban air mobility (UAM) vehicles as an actual means of transportation during the 2030 World Expo if it hosts the event in the south
• Lotte Chilsung Beverage 2022 net income down 4.4 pct to 131.1 bln won

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  SEOUL, Feb. 6 (Yonhap) -- Lotte Chilsung Beverage Co. on Monday reported its 2022 net profit of 131.1 billion won (US$105.1 million), down 4.4 percent from a year earlier.Operating income for the year was 222.9 billion won, up 22.3 percent from the p
• Lotte Chilsung Beverage swings to black in Q4

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  SEOUL, Feb. 6 (Yonhap) -- Lotte Chilsung Beverage Co. on Monday reported its fourth-quarter net profit of 5.8 billion won (US$4.6 million), swinging from a loss of 3.2 billion won a year earlier.The company said in a regulatory filing that it posted
• SKC swings to loss in 2022

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  SEOUL, Feb. 6 (Yonhap) -- SKC Ltd. on Monday reported its 2022 net loss of 66.7 billion won (US$53.4 million), turning from a profit of 342.3 billion won a year earlier.The company said in a regulatory filing that operating profit for the year fell 4
• SKC turns to loss in Q4

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  SEOUL, Feb. 6 (Yonhap) -- SKC Ltd. on Monday reported its fourth-quarter net loss of 266.6 billion won (US$213.6 million), shifting from a profit of 18.9 billion won a year earlier.The company said in a regulatory filing that it posted an operating l
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  S. Korea, Australia renew expanded currency swap deal

  SEJONG, Feb. 6 (Yonhap) -- South Korea and Australia renewed their currency swap deal Monday, the finance ministry and central bank said, to ensure a steady exchange of goods and services between the two countries.The renewed five-year deal, signed b
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  S. Korea to employ UAM vehicles for visitors during 2030 World Expo

  SEOUL, Feb. 6 (Yonhap) -- South Korea will push to use urban air mobility (UAM) vehicles as an actual means of transportation during the 2030 World Expo if it hosts the event in the southeastern port city of Busan, the industry ministry said Monday.T
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  Samsung to pay $150 mln to Nanoco in QLED patent suit settlement

  SEOUL, Feb. 6 (Yonhap) -- Samsung Electronics Co. has agreed to pay US$150 million to Nanoco Technologies in settlement for a patent lawsuit over a technology used in Samsung's quantum-dot LED TV, a litigation finance firm for the British company
• Seoul stocks trim earlier losses late Mon. morning amid rate woes

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  SEOUL, Feb. 6 (Yonhap) -- Seoul shares trimmed earlier losses late Monday morning, with investors staying concerned over the Federal Reserve's determination to keep rates high for a while to tame inflation.The benchmark Korea Composite Stock Pric
• Int'l flights back to 60 pct of pre-pandemic levels in Jan.

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  SEOUL, Feb. 6 (Yonhap) -- The number of international flights has returned to 60 percent of pre-pandemic levels in January, helped by increased travel to Japan and Asian countries, the transport ministry said Monday. In January, international flights
• Top headlines in major S. Korean newspapers

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  SEOUL, Feb. 6 (Yonhap) -- The following are the top in major South Korean newspapers on Feb. 6.Korean-language dailies-- Yoon calls Ahn 'enemy' of state affairs management (Kyunghyang Shinmun)-- Presidential office publicly criticizes Ahn fo
• M-venture Investment to raise 15 bln won via stock sale

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  SEOUL, Feb. 3 (Yonhap) -- M-venture Investment Inc.on Friday announced that it will sell stock to raise 15 billion won (US$12.2 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory
• Hyundai Doosan Infracore Q4 net profit down 81.7 pct to 32.7 bln won

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  SEOUL, Feb. 3 (Yonhap) -- Hyundai Doosan Infracore Co. on Friday reported its fourth-quarter net profit of 32.7 billion won (US$26.6 million), down 81.7 percent from a year earlier.The company said in a regulatory filing that it posted 66.4 billion w
• Hyundai Doosan Infracore 2022 net income down 59.6 pct to 229.6 bln won

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  SEOUL, Feb. 3 (Yonhap) -- Hyundai Doosan Infracore Co. on Friday reported its 2022 net income of 229.6 billion won (US$186.7 million), down 59.6 percent from a year earlier.The company said in a regulatory filing that operating profit for the year ro
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  (3rd LD) Naver 2022 net profit down 96 pct on one-off factor

  (ATTN: ADDS stock price in 14th para)SEOUL, Feb. 3 (Yonhap) -- South Korean internet portal giant Naver Corp. said Friday its net profit plunged in 2022 from a year earlier due to a one-off factor stemming from a business integration a year earlier.I
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  (2nd LD) LG Uplus 2022 net income down 8.5 pct on increased financial costs

  (ATTN: UPDATES with stock price in last para)SEOUL, Feb. 3 (Yonhap) -- LG Uplus Corp., South Korea's No. 3 mobile carrier, said Friday its 2022 net profit fell from a year earlier due to increased financial costs.Its net income reached 662.6 bill
• DL Holdings 2022 net profit down 88.5 pct to 100.6 bln won

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  SEOUL, Feb. 3 (Yonhap) -- DL Holdings Co. on Friday reported its 2022 net profit of 100.6 billion won (US$81.9 million), down 88.5 percent from a year earlier.The company said in a regulatory filing that operating profit for the year rose 26.3 percen
• DL Holdings Q4 net income up 1922.4 pct to 58.9 bln won

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  SEOUL, Feb. 3 (Yonhap) -- DL Holdings Co. on Friday reported its fourth-quarter net income of 58.9 billion won (US$47.9 million), up 1922.4 percent from a year earlier.Operating income for the October-December period was 19.6 billion won, down 42.3 p
• DL E&C 2022 net profit down 34.7 pct to 415.5 bln won

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  SEOUL, Feb. 3 (Yonhap) -- DL E&C Co. on Friday reported its 2022 net profit of 415.5 billion won (US$338 million), down 34.7 percent from a year earlier.Operating profit for the year was 496.3 billion won, down 48.2 percent from the previous year, th