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  Won falls below 1,420 mark per U.S. dollar for 1st time in over 13 years on global tightening

  SEOUL, Sept. 26 (Yonhap) -- The South Korean currency on Monday dipped below the 1,420 won mark against the U.S. dollar for the first time in more than 13 years during intraday trading amid the Federal Reserve's aggressive monetary tightening.The
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  S. Korea preparing 'several' measures to stabilize financial markets: finance minister

  SEOUL, Sept. 25 (Yonhap) -- South Korea is preparing "several" steps to stabilize domestic financial markets that have been going through heightened volatility, including the won's sharp slide against the U.S. dollar, amid worries ove
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  POSCO International to boost natural gas production with Australian partner

  SEOUL, Sept. 25 (Yonhap) -- POSCO International Corp., the commodity trading unit of South Korean steel giant POSCO Holdings Co., said Sunday it is investing a combined 280 billion won (US$198.2 million) to triple its natural gas production in the ne
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  S. Korea, Canada discuss ways to broaden ties in mineral supply, high-tech industries

  SEOUL, Sept. 24 (Yonhap) -- South Korean Industry Minister Lee Chang-yang and his Canadian counterpart have agreed to broaden bilateral ties in key mineral supplies and other high-tech sectors amid local exporters' concerns about the U.S. inflati
• Top headlines in major S. Korean newspapers

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  SEOUL, Sept. 24 (Yonhap) -- The following are the top in major South Korean newspapers on Sept. 24.Korean-language dailies-- Opposition parties resent president's excuse about using foul language without apology (Kyunghyang Shinmun)-- Bracing fo
• Barun Electronics to raise 4.8 bln won via stock sale

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  SEOUL, Sept. 23 (Yonhap) -- Barun Electronics Co. on Friday announced that it will sell stock to raise 4.8 billion won(US$3.4 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory fi
• Hanwha Solutions to split off its retail, advanced materials units

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  SEOUL, Sept. 23 (Yonhap) -- Hanwha Solutions Corp., a key energy unit of South Korea's Hanwha Group, said Friday it will split off its retail unit and a part of its advanced materials unit in a bid to bolster its edge in renewable energy sectors.
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  (LEAD) S. Korea vows steps to stabilize bond market over growing volatility

  (ATTN: UPDATES 3rd para; REPLACES photo)SEOUL, Sept. 23 (Yonhap) -- South Korea plans to take measures to stabilize the bond market if necessary as market volatility has grown over the U.S.' recent rate hikes, a senior finance ministry official s
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  (LEAD) BOK, state pension fund to open currency swap line to ease dollar demand in market

  (ATTN: RECASTS headline; ADDS more info throughout)SEOUL, Sept. 23 (Yonhap) -- South Korea's central bank said Friday that it has agreed to open a temporary dollar-for-won currency swap line with the state pension fund in a bid to ease demand for
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  S. Korea, U.S. agree on joint efforts for swift solution of EV tax credit law

  SEOUL, Sept. 23 (Yonhap) -- South Korea and the United States agreed Friday to make joint efforts to seek solutions regarding a new U.S. law that gives tax credits to buyers of electric vehicles assembled only in North America.The consensus was reach
• BOK, state pension fund agree to open currency swap line

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  SEOUL, Sept. 23 (Yonhap) -- South Korea's central bank said Friday that it has agreed to open a dollar-for-won currency swap line with the state pension fund in a bid to ease demand for dollars in the domestic foreign exchange market and support
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  S. Korea vows steps to stabilize bond market over growing volatility

  SEOUL, Sept. 23 (Yonhap) -- South Korea plans to take measures to stabilize the bond market if necessary as market volatility has grown over the U.S.' recent rate hikes, a senior finance ministry official said Friday.On Thursday, the yield on thr
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  S. Korea posts IPR trade surplus in H1 amid popular K-pop, culture

  SEOUL, Sept. 23 (Yonhap) -- South Korea posted a trade surplus of intellectual property rights (IPRs) in the first half of this year thanks to a rise in copyright payments amid popularity of Korean music and other cultural content, central bank data
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  UAE begins operations of S. Korean-built No. 3 nuclear reactor

  SEOUL, Sept. 23 (Yonhap) -- The United Arab Emirates (UAE) has started up the third unit of the South Korean-built Barakah nuclear power plant, the country's nuclear energy corporation and South Korea's state-run utility firm said Friday.The
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  SK chief discusses raw materials supply chain with Zambian leader

  SEOUL, Sept. 23 (Yonhap) -- SK Group Chairman Chey Tae-won has met with Zambian President Hakainde Hichilema in New York and discussed ways for cooperation in shoring up the raw materials supply chain, the business group said Friday. In the meeting,
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  LG Energy Solution signs battery materials supply deals with 3 Canadian mineral companies

  SEOUL, Sept. 23 (Yonhap) -- LG Energy Solution Ltd. (LGES) said Friday it has signed supply agreements with three Canadian mineral companies to secure key raw materials used in lithium-ion batteries for electric vehicles. Under the arrangement with E
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  Gov't asks food industry to minimize price hikes

  SEOUL, Sept. 23 (Yonhap) -- A South Korean vice finance minister on Friday asked the food industry to minimize raising food prices as the country is grappling with high inflation.The government also plans to expand the supply of agricultural products
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  SEOUL, Sept. 23 (Yonhap) -- The following are the top in major South Korean newspapers on Sept. 23.Korean-language dailies-- Yoon fails to produce diplomatic accomplishments in New York (Kyunghyang Shinmun)-- Outcome of Yoon's brief meetings wit
• Producer prices drop in Aug. for 1st time in nearly 2 yrs

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  SEOUL, Sept. 23 (Yonhap) -- South Korea's producer prices dropped for the first time in nearly two years in August as global crude oil prices fell amid recession woes, central bank data showed Friday.The producer price index, a major barometer of
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  S. Korea draws $1.15 bln investment from Applied Materials, six other U.S. firms

  SEOUL, Sept. 23 (Yonhap) -- South Korea has drawn investment worth a combined US$1.15 billion from seven North American firms in the semiconductor, battery and energy sectors, which is expected to help strengthen supply chains of key items and boost