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Hankook Tire Q4 net profit down 65.4 pct to 28.5 bln won

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SEOUL, Feb. 2 (Yonhap) -- Hankook Tire & Technology Co. on Thursday reported its fourth-quarter net profit of 28.5 billion won (US$23.3 million), down 65.4 percent from a year earlier.The company said in a regulatory filing that operating income for
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Jay Park's Won Soju to be sold in U.S.

SEOUL, Feb. 2 (Yonhap) -- Singer Jay Park's soju brand Won Soju will be available in New York by the early half of this year, the company said Thursday, as the K-pop singer aims for a global expansion of the traditional Korean liquor. Won Spirits
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Drug dealing rises in volume via contact-free methods in 2022: customs office

By Kang Yoon-seungSEOUL, Feb. 2 (Yonhap) -- South Korea's customs agency said Thursday that drug smugglers in 2022 tended to trade illicit substances in greater volume utilizing contact-free methods, namely mail and postal services.The number of
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(2nd LD) South Korean iPhone users lose 'batterygate' lawsuit

(ATTN: UPDATES with more info throughout)By Kim Han-jooSEOUL, Feb. 2 (Yonhap) -- Thousands of South Korean iPhone users lost Thursday in a lawsuit seeking compensation from Apple Inc. over allegations that the company purposely slowed the performance
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1 in 4 S. Koreans own pet animals in 2022: data

SEOUL, Feb. 2 (Yonhap) -- About one out of four South Koreans raised pet animals, and they spent 150,000 won (US$123) per month on average last year, a survey showed Thursday.According to the survey of 5,000 South Koreans aged between 20 and 64, a to
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(LEAD) Hyundai, Kia U.S. sales rise 15 pct on SUV popularity in January

(ATTN: UPDATES with Genesis figures throughout)SEOUL, Feb. 2 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States rose 15 percent in January from a year earlier on robust sales of SUVs and
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(LEAD) South Korean iPhone users lose 'batterygate' lawsuit

(ATTN: UPDATES with more info in paras 4-5, 7)By Kim Han-jooSEOUL, Feb. 2 (Yonhpa) -- Thousands of South Korean iPhone users lost Thursday in a lawsuit seeking compensation from Apple Inc. over allegations that the company purposely slowed the perfor
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S. Korea to root out 'jeonse scam,' support victims: finance minister

By Kang Yoon-seungSEOUL, Feb. 2 (Yonhap) -- South Korea's finance minister said Thursday the government will work closely with related authorities to root out scams surrounding the country's unique "jeonse" housing rental system,
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Dutch chip firm ASM to invest US$100 mln in S. Korea for facility expansion

SEOUL, Feb. 2 (Yonhap) -- South Korea's industry ministry said Thursday it agreed with Dutch semiconductor equipment supplier ASM to boost cooperation for the firm's planned investment of US$100 million to build a production factory and a res
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South Korean iPhone users lose 'batterygate' lawsuit

By Kim Han-jooSEOUL, Feb. 2 (Yonhpa) -- Thousands of South Korean iPhone users lost Thursday in a lawsuit seeking compensation from Apple Inc. over allegations that the company purposely slowed the performance of older models to compel users to buy n
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(3rd LD) S. Korea's consumer prices up 5.2 pct in Jan. on higher energy costs

(ATTN: ADDS BOK's analysis)By Kang Yoon-seungSEOUL, Feb. 2 (Yonhap) -- South Korea's on-year growth in consumer prices accelerated from the previous month in January as energy costs shot up to a record level, data showed Thursday, amid expect
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(LEAD) S. Korea closely monitoring financial market over U.S. rate hike

(ATTN: ADDS BOK's response)By Kang Yoon-seungSEOUL, Feb. 2 (Yonhap) -- South Korea's financial minister said Thursday the overnight rate-hike decision by the U.S. Federal Reserve has eased market uncertainties, although the government will co
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(2nd LD) S. Korea's consumer prices up 5.2 pct in Jan. on higher energy costs

(ATTN: ADDS details in para 9, last 2 paras)By Kang Yoon-seungSEOUL, Feb. 2 (Yonhap) -- South Korea's on-year growth in consumer prices accelerated from the previous month in January as energy costs shot up to a record level, data showed Thursday
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LG Energy Solution to supply battery modules for heavy duty EVs to Freudenberg

By Kim Seung-yeon SEOUL, Feb. 2 (Yonhap) -- LG Energy Solution Ltd. (LGES) said Thursday it has signed a long-term agreement to supply battery modules for heavy-duty electric vehicles (EVs) to a U.S.-based power system provider. LGES will supply 19 g
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(LEAD) S. Korea's consumer prices up 5.2 pct in Jan. on higher energy costs

(ATTN: RECASTS headline, lead; UPDATES with details throughout)By Kang Yoon-seungSEOUL, Feb. 2 (Yonhap) -- South Korea's on-year growth in consumer prices accelerated from the previous month in January as energy costs shot up to a record level, d
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S. Korea closely monitoring financial market over U.S. rate hike

By Kang Yoon-seungSEOUL, Feb. 2 (Yonhap) -- South Korea's financial minister said Thursday the overnight rate-hike decision by the U.S. Federal Reserve has eased market uncertainties, although the government will continue to keep a watchful eye o
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Hyundai, Kia U.S. sales rise 15 pct on SUV popularity in January

SEOUL, Feb. 2 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States rose 15 percent in January from a year earlier on robust sales of SUVs and eco-friendly models.Hyundai and Kia sold 103,98
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S. Korea's consumer prices up 5.2 pct in Jan.

SEOUL, Feb. 2 (Yonhap) -- South Korea's on-year growth in consumer prices accelerated from the previous month in January, data showed Thursday, amid expectations inflation will gradually slow throughout 2023.Consumer prices, a key gauge of inflat
(URGENT) S. Korea's consumer prices up 5.2 pct on-year in Jan.

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Bithumb's de facto owner arrested over alleged embezzlement

SEOUL, Feb. 2 (Yonhap) -- A businessman known to be the de facto owner of the operator of South Korea's largest cryptocurrency exchange Bithumb was arrested Thursday over alleged embezzlement.The Seoul Southern District Court issued an arrest war