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  Bioindustry output jumps over 20 pct in 2021 on robust exports

  SEOUL, Dec. 15 (Yonhap) -- The South Korean bioindustry's output surged more than 20 percent in 2021 from a year earlier on the back of brisk exports amid the coronavirus pandemic, data showed Thursday.The industry's production came to about
• 3 companies to recall over 50,000 vehicles over faulty parts

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  SEOUL, Dec. 15 (Yonhap) -- Hyundai Motor Co., Volkswagen Group Korea and Tesla Motors Korea will voluntarily recall more than a combined 50,000 vehicles to fix faulty components, the transport ministry said Thursday.The three companies are recalling
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  Import prices down in Nov. on stronger won, fall in oil prices

  SEOUL, Dec. 15 (Yonhap) -- South Korea's import prices fell for the first time in three months in November thanks to the local currency's rise against the U.S. dollar and a fall in crude oil prices, central bank data showed Thursday.The impor
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  KSOE wins 670.7 bln-won order for Aegis destroyer

  SEOUL, Dec. 14 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Wednesday it has signed a 670.7 billion-won (US$517 million) deal with South Korea's state arm procurement agency to build a new 8,200-ton destroyer for the coun
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  (LEAD) S. Korea's 27th nuclear reactor goes into full swing

  (ATTN: RECASTS headline, lead; ADDS Yoon's comments, more details throughout, photo)SEOUL, Dec. 14 (Yonhap) -- South Korea on Wednesday held a ceremony to celebrate the operation of its 27th nuclear reactor, as the country has striven to become a
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  SK Biopharm poised to transform into global health care solutions provider

  By Kim BoramSEOUL, Dec. 14 (Yonhap) -- SK Biopharmaceuticals Co., a pharmaceutical affiliate of South Korea's SK Group, said Wednesday it aims to transform into a global health care solutions provider based on the successful rollout of its anti-e
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  Shinsegae, KT to partner in digitization of retail

  SEOUL, Dec. 14 (Yonhap) -- Retailer Shinsegae Group and local telecom giant KT Corp. said Wednesday they will work together in the digital transformation of shopping, logistics and land development. Shinsegae and KT signed a partnership deal earlier
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  S. Korea holds event to mark construction of new nuclear reactor

  SEOUL, Dec. 14 (Yonhap) -- South Korea on Wednesday held a ceremony to celebrate the completion of building a new nuclear reactor after 12 years of its construction, the industry ministry said. The construction of the Shin Hanul No. 1 nuclear reactor
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  DSME partners with POSCO on new shipbuilding materials

  SEOUL, Dec. 14 (Yonhap) -- South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Wednesday it has signed a business partnership agreement with top local steelmaker POSCO on the development of new shipbuilding materials.The de
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  S. Korea consulting closely with U.S. to minimize fallout from IRA: Vice FM

  By Byun Duk-kunWASHINGTON, Dec. 13 (Yonhap) -- South Korea will continue to work with the United States to address its concerns over the new U.S. law that offers tax incentives to electric vehicles assembled in North America, Seoul's 2nd Vice For
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  (2nd LD) S. Korea adds 626,000 jobs on-year in Nov.; job growth slows for 6th month

  (ATTN: RECASTS lead; ADDS details in last 8 paras)By Kang Yoon-seungSEOUL, Dec. 14 (Yonhap) -- South Korea added jobs for the 21st straight month in November, but the growth continued to slow for the sixth month in a row amid the central bank's a
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  Health authorities issue emergency order to produce more cold medicine

  SEOUL, Dec. 14 (Yonhap) -- South Korea's health authorities have issued an emergency order to local pharmaceutical firms to increase production of acetaminophen tablets in a bid to tackle a cold medicine shortage in the winter season, government
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  ADB cuts 2023 growth outlook for S. Korea to 1.5 pct

  By Kang Yoon-seungSEOUL, Dec. 14 (Yonhap) -- The Asian Development Bank (ADB) on Wednesday lowered its outlook for South Korea's growth for next year, citing the slowing global economy and soaring energy prices. In its report on next year's w
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  (LEAD) S. Korea's economic policy to focus on taming inflation, creating jobs: minister

  (ATTN: UPDATES with more details in paras 6-8; CHANGES photo)By Kang Yoon-seungSEOUL, Dec. 14 (Yonhap) -- South Korea's finance minister said Wednesday the government will put its priority on combating inflation and creating jobs, while taking pr
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  (LEAD) S. Korea adds 626,000 jobs on-year in Nov.; job growth slows for 6th month

  (ATTN: RECASTS headline; UPDATES with details throughout; ADDS photo)By Kang Yoon-seungSEOUL, Dec. 14 (Yonhap) -- South Korea added jobs for the 21st straight month in November, but the growth continued to slow for the sixth month in a row amid conce
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  Big firms' combined free cash flow tumbles on high interest rates

  SEOUL, Dec. 14 (Yonhap) -- Large companies in South Korea have seen their combined free cash flow (FCF) plunge nearly 80 percent over the past year amid concerns over a liquidity crunch stemming from high interest rates, a corporate tracker said Wedn
• S. Korea adds 626,000 jobs on-year in November

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  SEOUL, Dec. 14 (Yonhap) -- South Korea added jobs for the 21st straight month in November, data showed Wednesday, but the growth continued to slow for the sixth month in a row amid concerns over an economic recession.The number of employed people sto
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  S. Korea's economic policy to focus on taming inflation, creating jobs: minister

  By Kang Yoon-seungSEOUL, Dec. 14 (Yonhap) -- South Korea's finance minister said Wednesday the government will put its priority on combating inflation and creating jobs, while taking preemptive measures to cope with economic risks next year. &qu
• (URGENT) 626,000 jobs added on-year in Nov., 21st straight month of growth

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• Top headlines in major S. Korean newspapers

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  SEOUL, Dec. 14 (Yonhap) -- The following are the top in major South Korean newspapers on Dec. 14.Korean-language dailies-- Yoon says expanded coverage from 'Mooncare' led to waste of financial resources (Kyunghyang Shinmun)-- Yoon begins ref