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• Top headlines in major S. Korean newspapers

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  SEOUL, Sept. 19 (Yonhap) -- The following are the top in major South Korean newspapers on Sept. 19.Korean-language dailies-- Why falling housing prices cannot be felt (Kyunghyang Shinmun)-- Kimchi crisis begins on surging prices of cabbage, radish (
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  S. Korean carmakers' global market share falls to 7.7 pct

  SEOUL, Sept. 18 (Yonhap) -- South Korean carmakers' global market share slightly fell to 7.7 percent in the first half from a year earlier amid the extended chip shortage, industry data showed Sunday. From January to June, Korean carmakers sold a
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  Jeju Air signs MOU with Indonesian province for new route

  SEOUL, Sept. 18 (Yonhap) -- Jeju Air Co., South Korea's leading budget carrier, said Sunday it has signed an initial pact with an Indonesian provincial government for a partnership to open a new route between the two countries. Jeju Air has signe
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  Hyundai E&C wins 1.9 tln-won railway deal in Philippines

  SEOUL, Sept. 18 (Yonhap) -- Hyundai Engineering & Construction Co., South Korea's leading builder, said Sunday it has received a 1.9 trillion-won (US$1.4 billion) railway order in the Philippines. Hyundai E&C will build a 56-kilometer railway con
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  (2nd LD) S. Korea should prepare exit strategy of pandemic: adviser

  (ATTN: UPDATES with tally as of 9 p.m. in last para)SEOUL, Sept. 16 (Yonhap) -- South Korea should prepare to gradually end COVID-19 emergency response system in a step toward the people's return to normalcy amid a moderate declining trend of the
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  Typhoon-hit POSCO aims to fully normalize operations by early December

  SEOUL, Sept. 16 (Yonhap) -- South Korean steelmaker POSCO said Friday it will complete repairs of manufacturing facilities damaged by a recent typhoon within three months and plan to fully normalize operations by December.Earlier this month, Typhoon
• Husteel to raise 89.8 bln won via stock sale

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  SEOUL, Sept. 16 (Yonhap) -- Husteel Co.on Friday announced that it will sell stock to raise 89.8 billion won(US$64.7 million). The proceeds from the stock offering will be used primarily to finance its facilities.According to a regulatory filing, the
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  (LEAD) Won rebounds after hitting yearly low amid global tightening, heightened uncertainty

  (ATTN: RECASTS throughout with closing data)SEOUL, Sept. 16 (Yonhap) -- South Korea's currency rebounded Friday after hitting a new yearly low in intraday trading amid worries over the U.S. Federal Reserve's continued monetary tightening and
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  Samsung's Lee visits Britain for biz meetings, World Expo bid promotion

  SEOUL, Sept. 16 (Yonhap) -- Samsung Electronics Vice Chairman Lee Jae-yong has arrived in Britain as part of an ongoing overseas tour for business meetings and to promote South Korea's bid to host the 2030 World Expo, according to industry source
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  (LEAD) S. Korea should prepare exit strategy of pandemic: adviser

  (ATTN: RECASTS throughout with comments by civilian adviser to government task force on COVID-19; ADDS photo; CHANGES headline)SEOUL, Sept. 16 (Yonhap) -- South Korea should prepare to gradually end COVID-19 emergency response system in a step toward
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  Yoon, Biden could discuss currency swap at summit: official

  SEOUL, Sept. 16 (Yonhap) -- President Yoon Suk-yeol and U.S. President Joe Biden could discuss the possibility of a currency swap deal between the two countries when they meet in New York next week, a presidential official said Friday.Choi Sang-mok,
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  (LEAD) Auto exports jump 36 pct in August on popularity of eco-friendly cars

  (ATTN: ADDS more details in paras 4-5, 10-15)SEOUL, Sept. 16 (Yonhap) -- South Korea's car exports jumped 35.9 percent on-year in August on brisk global demand for eco-friendly cars, data showed Friday.The value of outbound shipments of automobil
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  S. Korea, U.S. to hold working-level talks on EV tax credits

  SEOUL, Sept. 16 (Yonhap) -- South Korea and the United States will hold working-level talks Friday to discuss ways to minimize impacts the U.S.' Inflation Reduction Act (IRA) would have on South Korean electric vehicles over its discriminatory ta
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  Money supply up in July on rate hike-induced deposit growth

  SEOUL, Sept. 16 (Yonhap) -- South Korea's money supply grew in July from a month earlier as rising interest rates induced an increase in deposits, central bank data showed Friday.The country's M2, a key gauge of the money supply, stood at 3,7
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  Auto exports jump 36 pct in August on popularity of eco-friendly cars

  SEOUL, Sept. 16 (Yonhap) -- South Korea's car exports jumped 35.9 percent on-year in August on brisk global demand for eco-friendly cars, data showed Friday.The value of outbound shipments of automobiles came to US$4.12 billion last month, the la
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  Korea's overseas direct investment up 13 pct in Q2

  SEOUL, Sept. 16 (Yonhap) -- South Korea's overseas direct investment rose 13.1 percent on-year in the second quarter of this year amid the post-pandemic economic recovery, data showed Friday.The value of investments made overseas by South Korean
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  Economy feared to slow down on high inflation, weak exports: finance ministry

  SEOUL, Sept. 16 (Yonhap) -- The South Korean economy is feared to lose steam as the country is grappling with high inflation and the slowdown in export growth amid growing external uncertainties, the finance ministry said Friday.The gloomy outlook ca
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  Won falls to new yearly low amid woes over Fed's tightening, economic uncertainty

  SEOUL, Sept. 16 (Yonhap) -- South Korea's currency fell to a new yearly low in intraday trading Friday amid worries the U.S. Federal Reserve will continue monetary tightening to tame inflation and its negative impact on the global economy.The loc
• S. Korea's new COVID-19 cases below 60,000; KDCA issues influenza warning

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  SEOUL, Sept. 16 (Yonhap) -- South Korea's new COVID-19 cases fell below 60,000 on Friday, continuing the modest decline as the omicron spread has been slowing.The country reported 51,874 new COVID-19 infections, including 348 from overseas, bring
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  (2nd LD) Unemployment rate hits all-time low in August; job growth slows

  (ATTN: ADDS more details, comments in last 10 paras)SEOUL, Sept. 16 (Yonhap) -- South Korea's unemployment rate hit an all-time low last month, but the pace of job growth slowed down for the third month in a row amid economic uncertainties, data