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Samsung Display to expand IT OLED panel biz: CEO

SEOUL, Aug. 24 (Yonhap) -- Samsung Display Co. will put more resources into developing and producing organic light-emitting diode (OLED) panels for notebooks and PCs, its chief executive said Wednesday."Since the COVID-19 pandemic, a wide varie
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Chinese premier calls for quick progress in follow-up FTA talks with S. Korea

By Kim Seung-yeonSEOUL, Aug. 24 (Yonhap) -- Chinese Premier Li Keqiang called Wednesday for quick progress in follow-up free trade agreement (FTA) negotiations with South Korea as he described the two countries as "inseparable" neighbors
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Samsung C&T bags 800 bln-won solar project deal from Qatar

SEOUL, Aug. 24 (Yonhap) -- South Korean builder Samsung C&T Corp. said Wednesday it has clinched an 800 billion-won (US$598 million) deal to build a massive solar farm in Qatar.Under the deal with Qatar's state-run QatarEnergy, the construction u
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S. Korea's total fertility rate hits record low in 2021

SEJONG, Aug. 24 (Yonhap) -- South Korea's total fertility rate hit a record low last year as the number of childbirths continued to fall, data showed Wednesday, underscoring the country's gloomy demographic situation.The country's total f
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Childbirths hit all-time low in Q2; deaths climb to record high

SEJONG, Aug. 24 (Yonhap) -- The number of babies born in South Korea hit a record low in the second quarter, while deaths rose to an all-time high in the cited period amid rapid aging and the COVID-19 pandemic, data showed Wednesday.A total of 59,961
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Population mobility hits 49-year low in July

SEJONG, Aug. 24 (Yonhap) -- The number of South Koreans who moved to different residences in the country sank to a 49-year low in July due to population aging and anemic housing transactions, data showed Wednesday.The number of people who changed the
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Yoons vows to prevent another financial crisis

SEOUL, Aug. 24 (Yonhap) -- President Yoon Suk-yeol said Wednesday he will make thorough preparations to prevent another financial crisis and ease the people's economic burdens.Yoon made the remark while presiding over a macrofinancial meeting wit
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(LEAD) Hyundai Motor chief visits U.S. amid new tax break law

(ATTN: UPDATES with details throughout; ADDS 1st photo)SEOUL, Aug. 24 (Yonhap) -- Hyundai Motor Group said Wednesday its Chairman Chung Euisun is visiting the United States amid growing concerns over a new U.S. law excluding electric vehicles (EVs) b
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S. Korea to announce comprehensive measures to boost exports

SEOUL, Aug. 24 (Yonhap) -- South Korea plans to come up with a set of measures this month to strengthen the competitiveness in exports amid the global economic downturn, the industry ministry said Wednesday.The envisioned plan comes as the country ha
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Int'l hydrogen conference to kick off in S. Korea next week

SEOUL, Aug. 24 (Yonhap) -- An annual international exhibition on the hydrogen industry will kick off in South Korea next week, bringing together companies, government officials and other experts from home and abroad to seek ways to boost the emerging
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Regulator OKs KG Group's takeover of SsangYong Motor

SEJONG, Aug. 24 (Yonhap) -- South Korea's antitrust regulator said Wednesday it has approved a deal by chemical-to-steel business group KG Group to buy the debt-ridden SsangYong Motor Co., as the takeover does not hurt market competition.In July,
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Hyundai Motor chief visits U.S. amid new tax break law

SEOUL, Aug. 24 (Yonhap) -- Hyundai Motor Group said Wednesday its Chairman Chung Euisun is visiting the United States amid growing concerns over a new U.S. law excluding electric vehicles (EVs) built outside the U.S. from tax breaks. The South Korean
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Individual bond buying soars amid flight to safety

SEOUL, Aug. 24 (Yonhap) -- South Korean retail investors' bond purchases have surged this year as they seek safe-haven assets amid rising interest rates and a bearish stock market, data showed Wednesday.Local individual investors had bought a net
Top headlines in major S. Korean newspapers

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SEOUL, Aug. 24 (Yonhap) -- The following are the top in major South Korean newspapers on Aug. 24.Korean-language dailies-- From renewable energy to vaccine supply, state auditor targets previous administration (Kyunghyang Shinmun)-- Naver, Kakao can
Biz outlook improves, still remains much below par amid virus, inflation woes

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SEOUL, Aug. 24 (Yonhap) -- South Korean's business sentiment slightly improved for September, but it still remains much below par amid the continued spread of coronavirus and worries over global inflation, a central bank poll showed Wednesday.Loc
Hyundai, Kia recall over 280,000 cars in U.S. over fire risk

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By Byun Duk-kunWASHINGTON, Aug. 23 (Yonhap) -- Hyundai Motor America and Kia America are recalling more than 280,000 cars sold in North America for potential fire risks, the U.S. Department of Transportation said Tuesday.The recalls involve 245,030 M
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Unionized truckers to partially halt strike at Hite Jinro's headquarters

SEOUL, Aug. 23 (Yonhap) -- Unionized truck drivers working for Hite Jinro Co. said Tuesday they will partially dismiss their sit-in strike at the headquarters of the country's leading brewer and distiller. The unionists have been staging the walk
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(3rd LD) S. Korea warns against speculative bets amid won's sharp fall

(ATTN: UPDATES with more details in paras 9-10)SEOUL, Aug. 23 (Yonhap) -- South Korea's foreign exchange authorities on Tuesday warned against speculative bets in the currency market, issuing a verbal warning aimed at stemming the local currency&
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(2nd LD) S. Korea warns against speculative bets amid won's sharp fall

(ATTN: UPDATES with more details throughout; ADDS photo)SEOUL, Aug. 23 (Yonhap) -- South Korea's foreign exchange authorities on Tuesday warned against speculative bets in the currency market, issuing a verbal warning aimed at stemming the local
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Yoon calls for countermeasures to falling exchange rate, widening trade deficit

SEOUL, Aug. 23 (Yonhap) -- President Yoon Suk-yeol called Tuesday for in-depth and swift countermeasures to various macroeconomic challenges facing the country, including a falling exchange rate and a widening trade deficit.Yoon issued the call durin