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  S. Korea seeks to nurture 1 mln digital talents by 2026

  SEOUL, Aug. 22 (Yonhap) -- The government plans to nurture a total of 1 million professionals specialized in artificial intelligence (AI), big data, metaverse or other digital technologies over the next five years, the education ministry said Monday.
• Won sinks to 1,330 level per dollar for 1st time in over 13 years

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  SEOUL, Aug. 22 (Yonhap) -- The South Korean currency on Monday fell to the 1,330 won level against the U.S. dollar for the first time in more than 13 years amid prospects that the Federal Reserve will maintain its aggressive rate hike policy.The Kore
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  SOCAR makes muted start on 1st day of market debut

  SEOUL, Aug. 22 (Yonhap) -- South Korea's largest car-sharing platform operator, SOCAR Inc., got off to a muted start on its first day of trading Monday in the face of unfavorable market conditions. SOCAR traded at 28,200 won (US$21.09) won per sh
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  S. Korea aims to sharply lower fiscal deficit for next year

  SEOUL, Aug. 22 (Yonhap) -- South Korea is mapping out next year's national budget in a way that would lower the fiscal deficit to 3 percent of its gross domestic product (GDP) or less for the first time in four years, sources said Monday.The move
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  (LEAD) Exports up 3.9 pct during first 20 days of Aug.; trade deficit widens

  (ATTN: UPDATES with more details from para 4)SEOUL, Aug. 22 (Yonhap) -- South Korea's exports rose 3.9 percent on-year in the first 20 days of August on robust demand for petroleum products and autos, but the country saw its trade deficit widen o
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  Exports up 3.9 pct during first 20 days of Aug.; trade deficit widens

  SEOUL, Aug. 22 (Yonhap) -- South Korea's exports rose 3.9 percent on-year in the first 20 days of August on robust demand for petroleum products and autos, but the country saw its trade deficit widen on soaring fuel costs, data showed Monday.The
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  Economic growth forecast to slow on anemic spending, investment

  SEOUL, Aug. 22 (Yonhap) -- South Korea's economy is expected to grow at a slower-than-expected pace in 2022 due to sluggish consumer spending and corporate investment, a private think tank said Monday.In its second-quarter economic forecast, the
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  S. Korean FM expresses concerns over EV tax incentives during call with U.S. counterpart: source

  SEOUL, Aug. 21 (Yonhap) -- Seoul's top diplomat conveyed to his Washington counterpart concerns over a new U.S law excluding electric vehicles built outside North America from tax breaks during their recent phone conversation, a diplomatic source
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  S. Korea's chip exports to China jump nearly 13 times, biggest gain over last 2 decades: report

  SEOUL, Aug. 21 (Yonhap) -- South Korea's semiconductor industry saw the biggest export growth to China over the past two decades, research showed Sunday.The research by the Korea Chamber of Commerce and Industry (KCCI) showed that semiconductors
• Top headlines in major S. Korean newspapers

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  SEOUL, Aug. 20 (Yonhap) -- The following are the top in major South Korean newspapers on Aug. 20.Korean-language dailies-- Supreme Court holds off decision on forced labor compensation (Kyunghyang Shinmun)-- Presidential office expresses regret over
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  (LEAD) Ruling party urges gov't to negotiate with U.S. on EV tax credit

  (ATTN: ADDS foreign minister's comments in last 3 paras)SEOUL, Aug. 19 (Yonhap) -- The ruling People Power Party (PPP) on Friday called on the government to launch negotiations with the United States to get South Korean-made electric vehicles eli
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  McDonald's Korea to hike prices again amid soaring costs

  SEOUL, Aug. 19 (Yonhap) -- McDonald's Korea said Friday it will raise prices of its main products for the second time in about six months in a move seen as intended to transfer soaring raw material and logistical costs over to customers.The Korea
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  (LEAD) S. Korea issues 48-hour standstill over African swine fever case

  (ATTN: ADDS more details, comments in paras 5-7; UPDATES 4th para with latest on culling effort)SEOUL, Aug. 19 (Yonhap) -- The agricultural ministry has issued a 48-hour standstill order on pig farms and related facilities in the eastern Gangwon Prov
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  Regulator to announce investor protection measures from biz takeovers in Q4

  SEOUL, Aug. 19 (Yonhap) -- South Korea's financial regulator said Friday it will announce a set of measures to protect retail investors from the process of business takeovers in the fourth quarter of this year."We are reviewing detailed mea
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  (LEAD) S. Korean economy likely to slow down amid high inflation: ministry

  (ATTN: UPDATES with more details throughout)By Kim Soo-yeonSEOUL, Aug. 19 (Yonhap) -- South Korea's economy is feared to lose growth momentum as the country is grappling with high inflation and export growth could slow down amid heightened extern
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  S. Korea seeks to maximize national interest at IPEF negotiations

  SEOUL, Aug. 19 (Yonhap) -- South Korea plans to take part in U.S.-led negotiations over the Indo-Pacific Economic Framework (IPEF) in a way that maximizes national interests, the finance minister said Friday.Finance Minister Choo Kyung-ho said as a m
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  Ruling party urges gov't to negotiate with U.S. on EV tax credit

  SEOUL, Aug. 19 (Yonhap) -- The ruling People Power Party (PPP) on Friday called on the government to launch negotiations with the United States to get South Korean-made electric vehicles eligible for tax benefits under the newly legislated Inflation
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  Shinhan Card raises $400 mln via ABS sale

  SEOUL, Aug. 19 (Yonhap) -- Shinhan Card Co., a major South Korean credit card company, said Friday that it has sold US$400 million worth of asset-backed securities (ABS) amid rising borrowing costs.The dollar-denominated securities are sold on underl
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  S. Korea issues 48-hour standstill over African swine fever case

  SEOUL, Aug. 19 (Yonhap) -- The agricultural ministry has issued a 48-hour standstill order on pig farms and related facilities in the eastern Gangwon Province after confirming this year's second African swine fever (ASF) case.The movement ban eff
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  S. Korean economy likely to slow down amid high inflation: ministry

  SEOUL, Aug. 19 (Yonhap) -- South Korea's economy is feared to lose growth momentum as the country is grappling with high inflation and export growth could slow down amid heightened external economic uncertainty, the finance ministry said Friday.T