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  (LEAD) Economic growth slower in Q3 but could beat annual projection: BOK

  (ATTN: RECASTS headline; ADDS more info throughout, photo)SEOUL, Oct. 27 (Yonhap) -- The South Korean economy grew at a slower clip in the third quarter than three months earlier as export growth remained subdued and spending weakened amid high infla
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  Samsung Group's de facto leader Lee promoted to chairman

  SEOUL, Oct. 27 (Yonhap) -- Samsung Group's de facto leader Lee Jae-yong was promoted to chairman, according to sources Thursday.His promotion was endorsed at a board meeting earlier in the day, the sources said.Lee started working at the tech fir
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  Yoon wishes to give hope to people through televised economic meeting

  By Lee Haye-ahSEOUL, Oct. 27 (Yonhap) -- President Yoon Suk-yeol said Thursday that he wishes to give hope to the people by outlining policies to revive the economy and boost exports in a nationally televised government meeting set for later in the d
• Hyundai-Rotem Q3 net income up 424.2 pct to 32.7 bln won

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  SEOUL, Oct. 27 (Yonhap) -- Hyundai-Rotem Co. on Thursday reported its third-quarter net profit of 32.7 billion won (US$23.1 million), up 424.2 percent from a year earlier.Operating profit for the July-September period was 31.8 billion won, up 301.9 p
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  Air Seoul to resume routes to Osaka, Fukuoka this month

  SEOUL, Oct. 27 (Yonhap) -- Air Seoul Inc., a South Korean budget carrier, said Thursday it will resume its flights on the routes from Incheon to Osaka and Fukuoka this month as Japan has eased travel restrictions despite the COVID-19 pandemic. In Sep
• (URGENT) Samsung Group's de facto leader Lee promoted to chairman

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  (LEAD) Samsung's Q3 profit sinks on weak chip demand

  (ATTN: RECASTS throughout with details; CHANGES headline; ADDS photo)By Woo Jae-yeonSEOUL, Oct. 27 (Yonhap) -- Samsung Electronics Co. on Thursday posted a sharp drop in profits for the third quarter, as its main semiconductor business faced major he
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  SK Geocentric steps up foreign partnerships for plastic recycling

  SEOUL, Oct. 27 (Yonhap) -- SK Geocentric Co., a chemical unit of South Korea's SK Group, said Thursday it has signed a binding joint venture agreement with a U.S. partner to build a plastic recycling plant here as it pushes to pivot to green chem
• Samsung Electronics Q3 net income down 23.6 pct to 9.38 tln won

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  SEOUL, Oct. 27 (Yonhap) -- Samsung Electronics Co. on Thursday reported its third-quarter net profit of 9.38 trillion won (US$6.6 billion), down 23.6 percent from a year earlier.The company said in a regulatory filing that operating income for the Ju
• S-Oil swings to red in Q3

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  SEOUL, Oct. 27 (Yonhap) -- S-Oil Corp. on Thursday reported its third-quarter net loss of 9.6 billion won (US$6.7 million), shifting from a profit of 334.5 billion won a year earlier.Operating profit for the July-September period was 511.7 billion wo
• Daewoo E&C Q3 net profit up 95 pct to 174.3 bln won

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  SEOUL, Oct. 27 (Yonhap) -- Daewoo Engineering & Construction Co. on Thursday reported its third-quarter net profit of 174.3 billion won (US$122.2 million), up 95 percent from a year earlier.Operating income for the July-September period was 205.5 bil
• S. Korean economy grows at slower clip in Q3 amid subdued export growth, weak spending

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  SEOUL, Oct. 27 (Yonhap) -- The South Korean economy grew at a slower clip in the third quarter than three months earlier as export growth remained subdued and spending weakened amid high inflation and worries over the possibility of a global economic
• (URGENT) S. Korean economy grows 0.3 pct on-quarter in Q3: BOK

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• Top headlines in major S. Korean newspapers

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  SEOUL, Oct. 27 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 27.Korean-language dailies-- Gov't to create 340,000 new homes for youths by 2027 (Kyunghyang Shinmun)-- S. Korean firms hit by slowing economy (Kookmi
• 6 companies to recall over 490,000 vehicles over faulty parts

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  SEOUL, Oct. 27 (Yonhap) -- Hyundai Motor Co., Mercedes-Benz Korea, and four other companies will voluntarily recall more than 490,000 vehicles to fix faulty components, the transport ministry said Thursday.The six firms, including Kia Corp., Tesla Mo
• Leaders Technology Investment to raise 11.5 bln won via stock offering

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  SEOUL, Oct. 26 (Yonhap) -- Leaders Technology Investment Co.on Wednesday announced that it will sell stock to raise 11.5 billion won (US$8.1 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regul
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  (LEAD) IBK's Q3 net soars 30 pct on increased interest income

  (ATTN: RECASTS throughout with more info; ADDS photo; CHANGES headline) SEOUL, Oct. 26 (Yonhap) -- State-run Industrial Bank of Korea (IBK) said Wednesday its third-quarter net income jumped 30.1 percent from a year ago, thanks to an increase in inte
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  (3rd LD) LG Energy Solution swings to profit in Q3 on strong EV battery demand

  (ATTN: ADDS closing share price at bottom)By Kim Seung-yeonSEOUL, Oct. 26 (Yonhap) -- LG Energy Solution Ltd. (LGES), a major secondary battery maker, said Wednesday it shifted to the black in the third quarter from a year earlier on the back of robu
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  (3rd LD) Samsung SDI logs record high profit in Q3 on robust EV battery sales

  (ATTN: ADDS closing share price at bottom)By Kim Seung-yeonSEOUL, Oct. 26 (Yonhap) -- Samsung SDI Co. said Wednesday it posted record high profit and sales in the third quarter on the back of strong demand for secondary batteries used in electric veh
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  (3rd LD) SK hynix reports 60 pct drop in Q3 profit, cuts 2023 investment by half amid chip downturn

  (ATTN: ADDS share price at bottom)By Woo Jae-yeonSEOUL, Oct. 26 (Yonhap) -- SK hynix Inc. reported its third-quarter earnings Wednesday, falling short of analysts' expectations on the top and bottom lines, amid a cyclical downturn of the global s