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SK to offer a glimpse into carbon-neutral future at CES

By Kim Seung-yeon SEOUL, Dec. 21 (Yonhap) -- SK Inc., the holding company of South Korea's SK Group, said Wednesday it will offer an interactive space featuring a carbon-neutral future embedded with green technologies at an upcoming U.S. tech sho
Financial regulator seeks to allow retail investors to sell shares before M&As

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SEOUL, Dec. 21 (Yonhap) -- South Korea's financial regulator said Wednesday it plans to introduce a mandatory takeover bid rule aimed at protecting retail investors in case of a corporate merger and acquisition (M&A).The rule obligates a takeover
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(LEAD) Exports down 8.8 pct during first 20 days of Dec.

(ATTN: ADDS details throughout)By Kang Yoon-seungSEOUL, Dec. 21 (Yonhap) -- South Korea's exports slipped 8.8 percent on-year in the first 20 days of December, data showed Wednesday, due mainly to weak shipments of chips and mobile devices.The co
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LG Chem invests in battery recycling startup for N. America venture

SEOUL, Dec. 21 (Yonhap) -- Major South Korean chemical firm LG Chem Ltd. said Wednesday it is buying a stake in a local battery recycling startup for a joint venture in North America, accelerating efforts to secure key components for electric vehicle
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Exports down 8.8 pct during first 20 days of Dec.

SEOUL, Dec. 21 (Yonhap) -- South Korea's exports slipped 8.8 percent on-year in the first 20 days of December, data showed Wednesday, due mainly to weak shipments of chips and mobile devices.The country's outbound shipments stood at US$33.6 b
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Loan guarantees among conglomerate units jump 21 pct this year

SEOUL, Dec. 21 (Yonhap) -- Loan guarantees among affiliates of South Korea's top 30 conglomerates surged nearly 21 percent in the first nine months of the year due to a credit crunch stemming from high interest rates, a corporate tracker said Wed
Top headlines in major S. Korean newspapers

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SEOUL, Dec. 21 (Yonhap) -- The following are the top in major South Korean newspapers on Dec. 21.Korean-language dailies-- BOK predicts inflation growth of over 5 pct, highest since foreign currency crisis (Kyunghyang Shinmun)-- Talks over budget bi
Medicox to raise 10 bln won via stock sale

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SEOUL, Dec. 20 (Yonhap) -- Medicox Co.on Tuesday announced that it will sell stock to raise 10 billion won(US$7.8 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regulatory filing, the
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S. Korea, Hungary vow to push for trade promotion agreement

SEOUL, Dec. 20 (Yonhap) -- South Korea and Hungary agreed Tuesday to push for clinching a bilateral framework on trade and investment promotion to enhance cooperation on supply chains and various trade issues, Seoul's trade ministry said.South Ko
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Finance minister calls for flexible workweek for small firms

By Kang Yoon-seungSEOUL, Dec. 20 (Yonhap) -- South Korean Finance Minister Choo Kyung-ho called Tuesday for parliament to extend a flexible 52-hour workweek for small businesses, saying a potential failure could cause "unbearable" hardshi
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SK Innovation to show off battery, plastic recycling technologies at CES

By Kim Seung-yeon SEOUL, Dec. 20 (Yonhap) -- SK Innovation Co. said Tuesday it will showcase products and technologies featuring its green innovation in secondary batteries, plastic waste recycling and other advanced components at a U.S. tech show ne
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Over 200 midsized firms became large conglomerates in 2021: data

SEOUL, Dec. 20 (Yonhap) -- A total of 205 medium-sized companies grew to earn the status of large conglomerates last year on rising sales and profits amid an economic recovery, government data showed Tuesday.Leading container shipper HMM Co., energy
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Number of immigrants in S. Korea down 2 pct in 2022

By Kang Yoon-seungSEOUL, Dec. 20 (Yonhap) -- The number of immigrants, including naturalized citizens, in South Korea fell around 2 percent on-year in 2022 amid the COVID-19 pandemic, the government data showed Tuesday.The number of immigrants here r
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Debt, home ownership both rise among middle-aged people in 2021: data

By Kang Yoon-seung SEOUL, Dec. 20 (Yonhap) -- Nearly 60 percent of South Koreans aged between 40 and 64 held debt in 2021 as more people took out loans to purchase houses amid soaring property costs, data showed Tuesday.The proportion of middle-aged
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(2nd LD) BOK expects inflation to ease 'steadily' though supply-side uncertainty lingers

(ATTN: ADDS more info throughout)SEOUL, Dec. 20 (Yonhap) -- South Korea will likely see inflation grow at about 5 percent "for the time being," but price growth will slow down "steadily" thanks to stabilizing oil costs and the
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(LEAD) BOK expects inflation to ease 'steadily' though supply-side uncertainty lingers

(ATTN: ADDS BOK chief's remarks in last 5 paras, more info in para 4, photo)SEOUL, Dec. 20 (Yonhap) -- South Korea will likely see inflation grow at about 5 percent "for the time being," but price growth will slow down "steadily
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S. Korea calls for deeper cooperation on tech R&D among IPEF members

SEOUL, Dec. 20 (Yonhap) -- South Korea called Tuesday for member nations of the U.S.-led Indo-Pacific Economic Framework (IPEF) to enhance cooperation on technology research and development to maximize the benefits of the platform.Trade Minister Ahn
(URGENT) BOK chief underlines need for gov't to tighten fiscal spending next year

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(URGENT) S. Korea's economy on 'borderline' of recession: BOK chief

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(URGENT) BOK chief says monetary policy to continue to focus on fighting inflation next year

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