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  Exports of agro-fisheries products hit record high through Sept.

  SEOUL, Oct. 7 (Yonhap) -- South Korea's exports of farm and fisheries products grew 11.4 percent on-year for the first nine months of this year on solid overseas demand for Korean food, data showed Friday.Outbound shipments of agricultural and fi
• Kumho Electric to raise 5 bln won via stock sale

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  SEOUL, Oct. 7 (Yonhap) -- Kumho Electric Co. on Friday announced that it will sell stock to raise 5 billion won(US$3.5 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing, t
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  S. Korea's rice output forecast to fall 2 pct this year

  SEOUL, Oct. 7 (Yonhap) -- South Korea's rice output is expected to decrease 2 percent in 2022 from a year earlier due to the impact of unfavorable weather conditions, data showed Friday.The country's rice production is likely to come to 3.8 m
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  (LEAD) BOK to maintain monetary tightening stance amid high inflation

  (ATTN: ADDS photo, BOK governor's remarks in paras 7-8, 16-18)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 in
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  S. Korean shipbuilders win over 60 pct of new global orders in Sept.

  SEOUL, Oct. 7 (Yonhap) -- South Korean shipbuilders bagged nearly 60 percent of new global ship orders in September to take the top spot in the world, industry data showed Friday.Local shipyards, led by Hyundai Heavy Industries Co., clinched 1.32 mil
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  Motional to supply IONIQ 5-based robo taxis to Uber

  SEOUL, Oct. 7 (Yonhap) -- Motional, a joint venture set up between Hyundai Motor Co. and U.S. mobility startup Aptiv, said Friday it has signed a 10-year deal to supply Hyundai's IONIQ 5-based autonomous vehicles to Uber Technologies Inc.Under th
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  Finance minister to leave for U.S. to attend G-20, IMF meetings

  By Kang Yoon-seungSEOUL, Oct. 7 (Yonhap) -- Finance Minister Choo Kyung-ho will leave for the United States next week to attend a Group of 20 (G-20) meeting of finance chiefs and central bankers, along with other events, his office said Friday.Choo p
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  Gov't to buy 450,000 tons of rice for reserves on price drop concerns

  SEOUL, Oct. 7 (Yonhap) -- The government will purchase a total of 450,000 tons of rice for its reserves this year as it seeks to stabilize prices of the staple grain, the agriculture ministry said Friday.A total of 350,000 tons of rice to be harveste
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  BOK to maintain monetary tightening stance amid high inflation

  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 in the 5-6 percent range "for a considerable period of time.&
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  (LEAD) S. Korea posts current account deficit in Aug. amid slowing exports

  (ATTN: ADDS more info throughout)SEOUL, Oct. 7 (Yonhap) -- South Korea posted a current account deficit for the first time in four months in August, as exports grew at a slower pace and import bills continued to mount amid high crude oil and raw mate
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  (2nd LD) Samsung Electronics Q3 profit estimated to have declined 31.7 pct on-year

  (ATTN: ADDS more details in paras 8-9, last 6 paras; ADDS photo)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 m
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  (LEAD) Samsung Electronics Q3 profit estimated to have declined 31.7 pct on-year

  (ATTN: RECASTS throughout with details; CHANGES headline; ADDS photo)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 fa
• Samsung Electronics Q3 operating earnings down 31.7 pct to 10.8 tln won

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  SEOUL, Oct. 7 (Yonhap) -- Samsung Electronics Co. on Friday estimated its third-quarter operating profit at 10.8 trillion won (US$7.7 billion), down 31.7 percent from a year earlier.Revenue increased 2.7 percent to 76 trillion won. The data for net p
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  S. Korea posts current account deficit in Aug. amid slowing exports, mounting import bills

  SEOUL, Oct. 7 (Yonhap) -- South Korea posted a current account deficit for the first time in four months in August as exports grew at a slower pace and import bills continued to mount amid high crude oil and raw material prices, central bank data sho
• (URGENT) S. Korea posts current account deficit of US$3.05 bln in August

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• Top headlines in major S. Korean newspapers

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  SEOUL, Oct. 7 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 7.Korean-language dailies-- Yoon administration turns clock back on gender equity (Kyunghyang Shinmun)-- S. Korea, Japan agree N. Korea must pay price for p
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  (LEAD) Privatization of HMM depends on market, industry situations: ocean minister

  (ATTN: ADDS more comments, background info, latest shares data in paras 4-11)SEOUL, Oct. 6 (Yonhap) -- The possible privatization of HMM Co. will depend on the stock market and situations in the shipping sector, the country's oceans minister said
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  S. Korea not on verge of foreign reserve crisis, stagflation: finance minister

  By Kang Yoon-seungSEJONG, Oct. 6 (Yonhap) -- South Korea's finance minister said Thursday the country is not on the verge of a foreign reserve crisis or stagflation, although challenges may continue throughout the first half of 2023 amid external
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  New credit union chief vows to enhance service fee system

  SEOUL, Oct. 6 (Yonhap) -- A new chief of credit unions in South Korea vowed to enhance the service fee system, a long-stalled issue of contention in the credit financing market.Last month, Jung Wan-gyu took over the helm of the Credit Finance Associa
• Sangji Caelum to raise 7 bln won via stock offering

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  SEOUL, Oct. 6 (Yonhap) -- Sangji Caelum Inc. on Thursday announced that it will sell stock to raise 7 billion won(US$5 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the comp