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• Thom Browne to set up new company in S. Korea in July

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  SEOUL, Jan. 27 (Yonhap) -- Luxury fashion brand Thom Browne Inc. will establish a new company in South Korea, officials from Samsung C&T Corp. said Friday, in a move to take stronger control of its business in the country.Ermenegildo Zegna NV, an Ita
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  (2nd LD) Kia Q4 net jumps 63 pct on improved chip supplies, SUV demand

  (ATTN: ADDS details throughout)SEOUL, Jan. 27 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker, said Friday its fourth-quarter net profit soared 63 percent from a year earlier on improved chip supplies, strong demand for its high-end
• LG Electronics 2022 net income up 31.7 pct to 1.86 tln won

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  SEOUL, Jan. 27 (Yonhap) -- LG Electronics Inc. on Friday reported its 2022 net profit of 1.86 trillion won (US$1.5 billion), up 31.7 percent from a year earlier.The company said in a regulatory filing that it posted 3.55 trillion won in operating pro
• LG Electronics shifts to loss in Q4

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  SEOUL, Jan. 27 (Yonhap) -- LG Electronics Inc. on Friday reported its fourth-quarter net loss of 212.4 billion won (US$172.5 million), turning from a profit of 21.3 billion won a year earlier.The company said in a regulatory filing that operating inc
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  (LEAD) POSCO Chemical's 2022 operating income at record high on robust EV battery components demand

  (ATTN: UPDATES with more details throughout; ADDS byline)SEOUL, Jan. 27 (Yonhap) -- POSCO Chemical Co., a major South Korean manufacturer of secondary battery materials, said Friday it posted record-high operating profit last year, boosted by solid d
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  (LEAD) Kia Q4 net jumps 63 pct on improved chip supplies, SUV demand

  (ATTN: RECASTS throughout with details; ADDS photo)SEOUL, Jan. 27 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker, said Friday its fourth-quarter net profit soared 63 percent from a year earlier on improved chip supplies, strong dema
• POSCO International 2022 net profit up 69.7 pct to 604.9 bln won

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  SEOUL, Jan. 27 (Yonhap) -- POSCO International on Friday reported its 2022 net profit of 604.9 billion won (US$491 million), up 69.7 percent from a year earlier.The company said in a regulatory filing that operating income for the year rose 54.2 perc
• POSCO International Q4 net income up 36.1 pct to 93.1 bln won

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  SEOUL, Jan. 27 (Yonhap) -- POSCO International on Friday reported its fourth-quarter net income of 93.1 billion won (US$75.6 million), up 36.1 percent from a year earlier.Operating profit for the October-December period was 168.8 billion won, up 20.6
• Kia Q4 net profit up 63.2 pct to 2.03 tln won

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  SEOUL, Jan. 27 (Yonhap) -- Kia Corp. on Friday reported its fourth-quarter net profit of 2.03 trillion won (US$1.7 billion), up 63.2 percent from a year earlier.The company said in a regulatory filing that it posted 2.62 trillion won in operating pro
• Kia 2022 net profit up 13.6 pct to 5.4 tln won

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  SEOUL, Jan. 27 (Yonhap) -- Kia Corp. on Friday reported its 2022 net income of 5.4 trillion won (US$4.4 billion), up 13.6 percent from a year earlier.The company said in a regulatory filing that operating profit for the year rose 42.8 percent on-year
• POSCO Chemical 2022 net profit down 8.8 pct to 121.9 bln won

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  SEOUL, Jan. 27 (Yonhap) -- POSCO Chemical Co. on Friday reported its 2022 net profit of 121.9 billion won (US$99 million), down 8.8 percent from a year earlier.The company said in a regulatory filing that it posted 165.9 billion won in operating prof
• POSCO Chemical swings to loss in Q4

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  SEOUL, Jan. 27 (Yonhap) -- POSCO Chemical Co. on Friday reported its fourth-quarter net loss of 26.1 billion won (US$21.2 million), shifting from a profit of 19.2 billion won a year earlier.The company said in a regulatory filing that operating profi
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  (LEAD) S. Korea's rice consumption hits another low in 2022: data

  (ATTN: ADDS rice supply forecast in last 3 paras)SEOUL, Jan. 27 (Yonhap) -- South Koreans' consumption of rice hit an all-time low in 2022 due mainly to changes in diet and eating habits, data showed Friday.The average South Korean consumed 56.7
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  Daily FX turnover hits all-time high in 2022 amid market volatility

  SEOUL, Jan. 27 (Yonhap) -- Daily foreign exchange (FX) trading by banks in South Korea hit an all-time high in 2022 on increased demand from cross-border trading and transactions of currency-related derivatives amid heightened market volatility, cent
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  S. Korea's rice consumption hits another low in 2022: data

  SEOUL, Jan. 27 (Yonhap) -- South Koreans' consumption of rice hit an all-time low in 2022 due mainly to changes in diet and eating habits, data showed Friday.The average South Korean consumed 56.7 kilograms of rice last year, down 0.4 percent, or
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  (2nd LD) LG Energy Solution targets 30 pct sales growth in 2023

  (ATTN: RECASTS lead; UPDATES throughout; ADDS more photo; RESTRUCTURES; TRIMS)By Kim Seung-yeonSEOUL, Jan. 27 (Yonhap) -- LG Energy Solution Ltd. (LGES) said Friday it is aiming for a revenue target increase in the range of 25-30 percent for 2023 fro
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  (LEAD) S. Korea, Cambodia to boost trade, investment via FTA

  (ATTN: ADDS photo)SEOUL, Jan. 27 (Yonhap) -- South Korea and Cambodia agreed Friday to enhance bilateral trade and investment by maximizing their free trade deal, which came into force a month earlier, Seoul's industry ministry said.The discussio
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  (LEAD) LG Energy Solution targets 30 pct sales growth in 2023

  (ATTN: UPDATES throughout with more details; COMBINES article slugged 'LG Energy Solution-Q4 earnings'; ADDS byline)By Kim Seung-yeon SEOUL, Jan. 27 (Yonhap) -- LG Energy Solution Ltd. said Friday it set the revenue target of up to a 30 perce
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  S. Korea, Cambodia to boost trade, investment via FTA

  SEOUL, Jan. 27 (Yonhap) -- South Korea and Cambodia agreed Friday to enhance bilateral trade and investment by maximizing their free trade deal, which came into force a month earlier, Seoul's industry ministry said.The discussions were made durin
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  (LEAD) Hyundai Mobis Q4 net rises 15 pct on high-end parts

  (ATTN: RECASTS throughout; ADDS photo)SEOUL, Jan. 27 (Yonhap) -- Hyundai Mobis Co., South Korea's leading auto parts maker, said Friday its fourth-quarter net profit rose 15 percent from a year earlier on increased sales of high-margin components