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Coway Q3 net profit down 16.5 pct to 114 bln won

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SEOUL, Nov. 9 (Yonhap) -- Coway Co. on Wednesday reported its third-quarter net income of 114 billion won (US$83.5 million), down 16.5 percent from a year earlier.The company said in a regulatory filing that operating income for the July-September pe
Ev Advanced Material to raise 36 bln won via stock sale

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SEOUL, Nov. 9 (Yonhap) -- Ev Advanced Material Co.on Wednesday announced that it will sell stock to raise 36 billion won(US$26.4 million). The proceeds from the stock offering will be used primarily to pay off its debts.According to a regulatory fili
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HMM's Q3 net rises 13.3 pct despite industry slump concerns

SEOUL, Nov. 9 (Yonhap) -- HMM Co., South Korea's top container shipper, said Wednesday its third-quarter earnings rose more than 13 percent on-year despite worries about an industry slump.Consolidated net profit came to 2.61 trillion won (US$1.91
Celltrion Q3 net income up 18.2 pct to 166.9 bln won

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SEOUL, Nov. 9 (Yonhap) -- Celltrion Inc. on Wednesday reported its third-quarter net income of 166.9 billion won (US$122.3 million), up 18.2 percent from a year earlier.The company said in a regulatory filing that operating income for the July-Septem
CS Wind Q3 net income down 98.4 pct to 165 mln won

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SEOUL, Nov. 9 (Yonhap) -- CS Wind Corp. on Wednesday reported its third-quarter net income of 165 million won (US$120,941), down 98.4 percent from a year earlier.Operating income for the July-September period was 20.2 billion won, up 57.6 percent fro
GS Holdings Q3 net income up 7 pct to 560.6 bln won

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SEOUL, Nov. 9 (Yonhap) -- GS Holdings on Wednesday reported its third-quarter net income of 560.6 billion won (US$410.6 million), up 7 percent from a year earlier.Operating profit for the July-September period was 1.35 trillion won, up 112.6 percent
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(LEAD) Foreigners turn net buyers of Korean stocks in Oct. on dip-buying

(ATTN: ADDS more info in last 3 paras)SEOUL, Nov. 9 (Yonhap) -- Foreign investors turned net buyers of South Korean stocks in October despite continued global monetary tightening as they picked up oversold shares, central bank data showed Wednesday.F
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(LEAD) Banks' household loans shrink for 2nd straight month in Oct. on rising borrowing costs

(ATTN: ADDS more info in para 5)SEOUL, Nov. 9 (Yonhap) -- Household loans extended by banks in South Korea shrank for the second straight month in October as borrowing costs remained high, affected by the central bank's aggressive monetary tighte
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Central banks should stop series of rate hikes amid deepening recession risks: U.S. expert

By Kim Seung-yeonSEOUL, Nov. 9 (Yonhap) -- South Korea and other major economies should stop a string of interest rate hikes to fight inflation, as the extended monetary tightening would exacerbate recession risks, a U.S. expert said Wednesday. Rober
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(LEAD) KT&G to add new heat-not-burn products in S. Korea

(ATTN: RECASTS throughout; CHANGES headline and lead)SEOUL, Nov. 9 (Yonhap) -- KT&G Corp., South Korea's dominant tobacco company, said Wednesday it will add all-new heat-not-burn products in the domestic market to diversify its cigarette-focused
Hanon Systems Q3 net profit down 63.8 pct to 19.1 bln won

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SEOUL, Nov. 9 (Yonhap) -- Hanon Systems on Wednesday reported its third-quarter net income of 19.1 billion won (US$14 million), down 63.8 percent from a year earlier.The company said in a regulatory filing that operating profit for the July-September
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Banks' household loans shrink for 2nd straight month in Oct. on rising borrowing costs

SEOUL, Nov. 9 (Yonhap) -- Household loans extended by banks in South Korea shrank for the second straight month in October as borrowing costs remained high, affected by the central bank's aggressive monetary tightening to bring inflation down, da
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Foreigners turn net buyers of Korean stocks in Oct. on dip-buying

SEOUL, Nov. 9 (Yonhap) -- Foreign investors turned net buyers of South Korean stocks in October despite continued global monetary tightening as they picked up oversold shares, central bank data showed Wednesday.Foreigners' stock investment funds
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(LEAD) Top regulator, bank chiefs vow to cooperate in stabilizing debt market amid credit crunch woes

(ATTN: ADDS more info in para 6)SEOUL, Nov. 9 (Yonhap) -- South Korea's top financial regulator on Wednesday asked for local banks' cooperation in stabilizing the corporate bond and short-term money markets and helping money flow to businesse
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KT&G to release new heat-not-burn products in S. Korea

SEOUL, Nov. 9 (Yonhap) -- KT&G Corp., South Korea's dominant tobacco company, said Wednesday it will add all-new heat-not-burn products in the domestic market to strengthen its cigarette-focused lineup. KT&G will release the lil ABLE heat-not-bur
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Ministry to check 35 mines over recent collapse case

SEOUL, Nov. 9 (Yonhap) -- South Korea will carry out special inspections into 35 mines across the country that are deemed to have relatively high chances of accidents by the end of this year in the wake of a recent collapse case, the industry ministr
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Top regulator, bank chiefs vow to cooperate in stabilizing debt market amid credit crunch woes

SEOUL, Nov. 9 (Yonhap) -- South Korea's top financial regulator on Wednesday asked for local banks' cooperation in stabilizing the corporate bond and short-term money markets and helping money flow to businesses and small merchants in need.Ki
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(2nd LD) S. Korea's on-year job additions slow in Oct. amid uncertainties

(ATTN: ADDS more info in last 3 paras)By Kang Yoon-seungSEOUL, Nov. 9 (Yonhap) -- South Korea added jobs for the 20th straight month in October, data showed Wednesday, but the growth continued to slow for the fifth month in a row as the country brace
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(LEAD) S. Korea's on-year job additions slow in Oct. amid uncertainties

(ATTN: RECASTS lead, headline; ADDS more info throughout)By Kang Yoon-seungSEOUL, Nov. 9 (Yonhap) -- South Korea added jobs for the 20th straight month in October, data showed Wednesday, but the growth continued to slow for the fifth month in a row a
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S. Korea adds 677,000 jobs on-year in October

SEOUL, Nov. 9 (Yonhap) -- South Korea added jobs for the 20th straight month in October, data showed Wednesday, but the growth continued to slow for the fifth month in a row amid concerns over a recession.The number of employed people stood at 28.41