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  (LEAD) S. Korea posts current account deficit in Nov. amid dwindling exports

  (ATTN: ADDS more info from 5th para)SEOUL, Jan. 10 (Yonhap) -- South Korea posted the first current account deficit in three months in November as exports sharply dwindled amid growing worries over a global economic recession, central bank data showe
• S. Korea posts current account deficit in Nov. amid dwindling exports

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  SEOUL, Jan. 10 (Yonhap) -- South Korea posted the first current account deficit in three months in November as exports sharply dwindled amid growing worries over a global economic recession, central bank data showed Tuesday.The country's current
• (URGENT) S. Korea posts current account deficit of US$620 mln in Nov.

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  U.S. committed to working with S. Korea on concerns over EV tax credit: State Dept.

  By Byun Duk-kunWASHINGTON, Jan. 9 (Yonhap) -- The United States is prepared to work with South Korea and other countries to address their concerns over the U.S. Inflation Reduction Act (IRA), a state department spokesperson said Monday.Ned Price also
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  (LEAD) LG Energy Solution posts weaker-than-expected Q4 operating profit

  (ATTN: RECASTS headline, lead; ADDS more details throughout, photo)SEOUL, Jan. 9 (Yonhap) -- LG Energy Solution Ltd. (LGES), a South Korean major secondary battery maker, on Monday reported a weaker-than-expected operating profit for the fourth quart
• LG Energy Solution 2022 operating profit up 57.9 pct to 1.21 tln won

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  SEOUL, Jan. 9 (Yonhap) -- LG Energy Solution Ltd. on Monday estimated its 2022 operating profit at 1.21 trillion won (US$976 million), up 57.9 percent from a year earlier.Annual revenue increased 43.4 percent to 25.59 trillion won. The data for net p
• LG Energy Solution Q4 operating profit up 213.6 pct to 237.4 bln won

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  SEOUL, Jan. 9 (Yonhap) -- LG Energy Solution Ltd. on Monday estimated its fourth-quarter operating profit at 237.4 billion won (US$190.9 million), up 213.6 percent from a year earlier.Revenue increased 92.3 percent to 8.53 trillion won. The data for
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  Daewoo Shipbuilding develops welding cobot

  SEOUL, Jan. 9 (Yonhap) -- South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday it has developed a collaborative robot, or cobot, in an effort to boost productivity.The world's fourth-largest shipbuilder by orde
• Samsung Engineering, Taiwan firm jointly win 3.1 tln-won petrochemical plant deal

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  SEOUL, Jan. 9 (Yonhap) -- Samsung Engineering Co., a plant construction unit of Samsung Group, said Monday that its joint venture with a Taiwanese firm has won a deal valued at 3.1 trillion won (US$2.49 billion) for an ethylene plant in Qatar.Under t
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  Gordon Ramsay's Street Burger to open in Seoul

  SEOUL, Jan. 9 (Yonhap) -- Michelin-star chef Gordon Ramsay's Street Burger restaurant is set to open in Hyundai Department Store in southern Seoul, company officials said Monday.Street Burger is a namesake casual burger joint founded in 2020 by t
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  (CES) SK wraps up CES exhibition on carbon-neutral technology visions

  By Kim Seung-yeon LAS VEGAS, Jan. 8 (Yonhap) -- South Korea's SK Group ended its four-day CES exhibition Sunday, drawing the largest attendance in three years with the visions and technologies presented for a sustainable future. More than 30,000
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  Broadcom proposes measures worth 20 bln won, corrects unfair practices

  By Kang Yoon-seungSEOUL, Jan. 9 (Yonhap) -- U.S. chipmaker Broadcom Inc. offered 20 billion won (US$15.8 million) worth of programs to address concerns about its alleged violation of competition law, South Korea's antitrust regulator said Monday.
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  (News Focus) BOK expected to deliver another hike to fight inflation; experts remain divided over pivot timing

  By Koh Byung-joonSEOUL, Jan. 9 (Yonhap) -- The Bank of Korea (BOK) is widely expected to raise its benchmark interest rate at least by a quarter percentage point later this week amid worries over persistently-high inflation, market observers said Mon
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  Celltrion signs deal with U.S. firm for joint research on antibody medication

  SEOUL, Jan. 9 (Yonhap) -- South Korean biopharmaceutical firm Celltrion Inc. said Monday it has signed a contract with Rani Therapeutics, a U.S. bio firm, to cooperate in developing an oral antibody medication.RT-111 is Rani's project to develop
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  SK On mulls withdrawing battery plant deal in Turkey

  SEOUL, Jan. 9 (Yonhap) -- South Korean battery maker SK On said Monday it is considering withdrawing an initial pact with Ford Motor Co. and their local partner Koc Holding A.S. to build a car battery plant in Turkey.In March last year, the three com
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  S. Korea's coffee imports jump 45.1 pct in 2022

  SEOUL, Jan. 9 (Yonhap) -- South Korea's imports of coffee soared nearly 45.1 percent in the first 11 months of 2022 from a year earlier on its growing popularity here, data showed Monday.The value of the country's coffee imports came to US$1.
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  (CES) SK Geocentric signs license contract with British firm for plastic recycling plant

  By Kim Seung-yeon LAS VEGAS, Jan. 8 (Yonhap) -- SK Geocentric Co., a South Korean chemical company, said Sunday it has signed a contract with a British firm to build a plastic pyrolysis plant in South Korea, taking a step closer to establishing what
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  (CES) (Yonhap Interview) SK eyes expansion in Asia, Europe with sustainable food

  By Kim Seung-yeonLAS VEGAS, Jan. 8 (Yonhap) -- Sustainable food is a promising area worth betting on not only businesswise but also for its social and environmental impact, one of the reasons why SK is targeting Asia and Europe for a market expansion
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  S. Korea to complete preparations for Level 4 autonomous car by 2024: minister

  SEOUL, Jan. 8 (Yonhap) -- South Korea will set up safety standards and an insurance system for the launch of Level 4 autonomous vehicles in the country by next year, the transport ministry said Sunday. Land, Infrastructure and Transport Minister Won
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  Regulator fines GS Retail 1.5 bln won for unfair sales tactics

  SEOUL, Jan. 8 (Yonhap) -- South Korea's antitrust regulator said Sunday it has decided to impose a fine of 1.58 billion won (US$1.24 million) on GS Retail Co. for unfairly forcing suppliers to bear marketing costs for products sold on its home sh