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  Exports down 20.2 pct during first 10 days of October

  SEOUL, Oct. 11 (Yonhap) -- South Korea's exports slipped 20.2 percent on-year in the first 10 days of October due mainly to sluggish overseas sales of chips, data showed Tuesday.The country's outbound shipments stood at US$11.8 billion in the
• Samsung's Ukraine office damaged by Russia's missile attack on Kyiv

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  SEOUL, Oct. 10 (Yonhap) -- A building housing Samsung Electronics Co.'s Ukraine operation was damaged following Russia's missile attack on Kyiv on Monday, officials said.Earlier in the day, Russia shelled several cities in Ukraine, including
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  Chinese account for 62 pct of apartment purchases by foreigners since 2015: gov't

  SEOUL, Oct. 10 (Yonhap) -- Chinese nationals accounted for over 60 percent of apartment purchases by foreign nationals in South Korea since 2015, a government report showed Monday.According to the land ministry report submitted to Rep. Yang Kyung-soo
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  Hyundai Mobis, Swiss firm to promote in-vehicle infotainment system

  SEOUL, Oct. 10 (Yonhap) -- Hyundai Mobis Co., South Korea's leading auto parts maker, said Monday it will promote an advanced in-vehicle infotainment (IVI) system jointly developed with a Swiss company for next-generation vehicles. Hyundai Mobis
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  Some 380,000 households at high risk of default due to excessive debt burden: BOK

  SEOUL, Oct. 10 (Yonhap) -- Some 380,000 households in South Korea were found to be at high risk of financial default due to excessive debt burdens, a central bank report showed Monday.According to the Bank of Korea (BOK) report submitted to Rep. Kang
• Top headlines in major S. Korean newspapers

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  SEOUL, Oct. 10 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 10.Korean-language dailies-- N. Korea again fires 2 ballistic missiles into East Sea in wee hours (Kyunghyang Shinmun)-- Logistical line cut for Putin, con
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  BOK likely to deliver another big-step rate hike this week amid inflation woes, weak currency

  SEOUL, Oct. 9 (Yonhap) -- The Bank of Korea (BOK) will likely deliver another big-step rate hike this week, as it is striving to keep a lid on inflation amid growing worries over the impact of still-high energy prices and the local currency's sha
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  S. Korean-built nuclear reactor successfully connected to UAE power grid: KEPCO

  SEOUL, Oct. 9 (Yonhap) -- The third unit of the South Korean-built Barakah nuclear power plant in the United Arab Emirates has been successfully connected to the Middle East nation's power transmission grid, the state-run utility company here sai
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  Samsung, SK vow efforts for smooth operations in China despite U.S. chip export curbs

  SEOUL, Oct. 9 (Yonhap) -- Samsung Electronics Co. and SK hynix Inc. of South Korea will strive for smooth business operations in China, in spite of the latest U.S. export controls, on the basis of continued consultations with governments concerned, a
• Top headlines in major S. Korean newspapers

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  SEOUL, Oct. 8 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 8.Korean-language dailies-- Korea, Japan put aside historic feud, stick together in drills (Kyunghyang Shinmun) -- Samsung's Q3 operating profit plunges
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  KakaoBank mulls share buyback amid falling price: CEO

  SEOUL, Oct. 7 (Yonhap) -- KakaoBank Corp., a major South Korean Internet-only bank, will review a set of shareholder return policies, including buybacks, its chief executive said Friday, as its share prices have been on a steep decline.Shares in Kaka
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  Hanwha Aerospace selected as preferred bidder for S. Korea's space rocket project

  SEOUL, Oct. 7 (Yonhap) -- Hanwha Aerospace Co., an aerospace business unit of chemical-to-financial conglomerate Hanwha Group, has been selected as preferred bidder for South Korea's space rocket-upgrading project, the company said Friday. Hanwha
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  (LEAD) LG Energy Solution logs turnaround in Q3 on currency, robust sales

  SEOUL, Oct. 7 (Yonhap) -- LG Energy Solution Ltd., South Korea's top battery maker, said Friday it racked up a turnaround in the third-quarter of the year from a year earlier on the back of the weakness of the Korean currency against the U.S. dol
• LG Energy Solution shifts to operating profits in Q3

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  SEOUL, Oct. 7 (Yonhap) -- LG Energy Solution Ltd. on Friday estimated its third-quarter operating profit at 521.9 billion won (US$369.5 million), turning from a loss of 372.8 billion won a year earlier.Sales increased 89.9 percent to 7.64 trillion wo
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  Yoon meets Applied Materials chief, hails company's investment in S. Korea

  SEOUL, Oct. 7 (Yonhap) -- President Yoon Suk-yeol met with the chief of U.S. semiconductor equipment maker Applied Materials (AMAT) on Friday, hailing the company's recent decision to invest in South Korea as a symbol of the two countries' st
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  (2nd LD) BOK to maintain monetary tightening stance amid high inflation

  (ATTN: ADDS Rhee's remarks in paras 8, 11)SEOUL, Oct. 7 (Yonhap) -- South Korea's central bank said Friday it will maintain its position to raise interest rates going forward to combat inflation that is expected to stay over 5 percent at leas
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  (3rd LD) Samsung Electronics Q3 profit estimated to have declined 31.7 pct on-year

  (ATTN: ADDS stock price at bottom)SEOUL, Oct. 7 (Yonhap) -- Samsung Electronics Co. said Friday its preliminary third-quarter operating profit declined by nearly 32 percent from a year earlier, as the company has faced macroeconomic headwinds that we
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  (2nd LD) LG Electronics Q3 profit estimated to have risen 25 pct on-year

  (ATTN: ADDS more details in 4th para, last 6 paras)SEOUL, Oct. 7 (Yonhap) -- LG Electronics Inc. said Friday its preliminary third-quarter operating profit jumped around 25 percent from a year earlier.The tech company said its profit for the July-Sep
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  (LEAD) LG Electronics Q3 profit estimated to have risen 25 pct on-year

  (ATTN: ADDS more details in last 6 paras, photo)SEOUL, Oct. 7 (Yonhap) -- LG Electronics Inc. said Friday its preliminary third-quarter operating profit jumped around 25 percent from a year earlier.The tech company said its profit for the July-Septem
• LG Electronics Q3 profit estimated to have risen 25 pct on-year

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  SEOUL, Oct. 7 (Yonhap) -- LG Electronics Inc. said Friday its preliminary third-quarter operating profit jumped around 25 percent from a year earlier.The tech company said its profit for the July-September period was predicted to come in at 746.6 bil