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(URGENT) S. Korea reports 60 COVID-19 deaths, total at 27,725: KDCA

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(URGENT) S. Korea reports 51,874 new COVID-19 cases: KDCA

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(LEAD) Unemployment rate hits all-time low in August; job growth slows

(ATTN: ADDS more details in paras 3-6; RECASTS headline, lead to highlight record low unemployment rate)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 thi
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Growth of manufacturing inventories hits 26-year high in Q2

SEOUL, Sept. 16 (Yonhap) -- South Korea's manufacturing inventories grew at the fastest pace in 26 years in the second quarter of the year, pointing to a full-fledged economic slump, a report said Friday.The country's manufacturing inventorie
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S. Korea adds 807,000 jobs on-year in August, growth slows amid uncertainty

SEOUL, Sept. 16 (Yonhap) -- South Korea added jobs for the 18th straight month in August, but the pace of its growth slowed down for the third month in a row amid economic uncertainties, data showed Friday.The number of employed people stood at 28.41
(URGENT) 807,000 jobs added on-year in August, 18th consecutive month of growth

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Import prices decline for 2nd straight month in Aug. amid falling oil prices

SEOUL, Sept. 16 (Yonhap) -- South Korea's import prices declined for the second straight month in August as global oil prices fell amid concerns about global economic slowdown, central bank data showed Friday.The import price index fell 0.9 perce
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(2nd LD) S. Korea's new COVID-19 cases fall to 70,000s; influenza vaccinations to start next week to tame 'twindemic' risks

(ATTN: UPDATES with tally as of 9 p.m. in 7th para)SEOUL, Sept. 15 (Yonhap) -- South Korea's new COVID-19 cases fell to the 70,000 range Thursday amid a moderate declining trend, but health authorities remain concerned over a possible "twin
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FSS chief vows preemptive, cooperative response to maintain financial market stability

SEOUL, Sept. 15 (Yonhap) -- South Korea's financial regulator vowed Thursday to work hard to maintain stability in local financial markets by "preemptively" and "cooperatively" responding to any destabilizing factors.Lee B
Kbi Dongkook Ind to raise 7 bln won via stock offering

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SEOUL, Sept. 15 (Yonhap) -- Kbi Dongkook Ind Co. 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 pay off its debts.According to a regulatory filing, the compa
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(2nd LD) Inflation expected to peak around October despite weak Korean won: finance chief

(ATTN: UPDATES last 2 paras as market closes; ADDS photo)SEOUL, Sept. 15 (Yonhap) -- South Korea's inflation is forecast to peak around next month despite the recent fall in the Korean won, Finance Minister Choo Kyung-ho said Thursday."Cons
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Volkswagen launches 1st all-electric SUV in S. Korea

SEOUL, Sept. 15 (Yonhap) -- Volkswagen Korea on Thursday launched the all-electric ID.4 SUV in its first debut outside of Europe, as it sees South Korea "essential" for its e-mobility business. Volkswagen Korea said it will gradually expa
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(Yonhap Interview) Air Premia to operate 5 long-haul routes by 2023

By Choi Kyong-ae SEOUL, Sept. 15 (Yonhap) -- Air Premia Inc., a South Korean "hybrid" budget carrier, will operate five long-haul routes by the end of next year to compete with bigger rivals as travel demand recovers amid eased COVID-19 v
Emni to sell shares to raise capital

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SEOUL, Sept. 15 (Yonhap) -- Emni Co.on Thursday announced that it will sell stock to raise capital.According to a regulatory filing, the company will issue 300,000 common shares at a price of 1,000 won per share. The stock will be sold to the investo
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(LEAD) Inflation expected to peak around October despite weak Korean won: finance chief

(ATTN: ADDS Choo's comments on FX market in last 3 paras)SEOUL, Sept. 15 (Yonhap) -- South Korea's inflation is forecast to peak around next month despite the recent fall in the Korean won, Finance Minister Choo Kyung-ho said Thursday."
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(LEAD) S. Korea's new COVID-19 cases fall to 70,000s; influenza vaccinations to start next week to tame 'twindemic' risks

(ATTN: UPDATES with additional info in last 6 paras; ADDS photo; Moves para 7)SEOUL, Sept. 15 (Yonhap) -- South Korea's new COVID-19 cases fell to the 70,000 range Thursday amid a moderate declining trend, but health authorities remain concerned
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Inflation expected to peak around October despite weak Korean won: finance chief

SEOUL, Sept. 15 (Yonhap) -- South Korea's inflation is forecast to peak around next month despite the recent fall in the Korean won, Finance Minister Choo Kyung-ho said Thursday."Consumer prices will stabilize, albeit slowly, after reaching
S. Korea's public account deficit narrows in 2021

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SEOUL, Sept. 15 (Yonhap) -- South Korea's public account deficit narrowed in 2021 thanks to a rise in tax income, central bank data showed Thursday.The country's public account shortfall came to 35.7 trillion won (US$25.7 billion) last year,
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Internet banking use grows 7 pct in H1

SEOUL, Sept. 15 (Yonhap) -- South Koreans' use of internet banking services grew 6.9 percent in the first half of this year from six months earlier as customers preferred financial services through mobile devices, central bank data showed Thursda
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S. Korea to beef up bird flu quarantine measures ahead of winter

SEOUL, Sept. 15 (Yonhap) -- The agriculture ministry said Thursday it will step up quarantine efforts against avian influenza in the wake of its fast spread overseas and chances of the transmission here by migratory birds in winter.The Ministry of Ag