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• NCSOFT Q2 net profit up 25.8 pct to 118.7 bln won

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  SEOUL, Aug. 12 (Yonhap) -- NCSOFT Corp. on Friday reported a second-quarter net profit of 118.7 billion won (US$91.1 million), up 25.8 percent from a year earlier.Operating profit for the April-June period was 123 billion won, up 9 percent from a yea
• Top headlines in major S. Korean newspapers

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  SEOUL, Aug. 12 (Yonhap) -- The following are the top in major South Korean newspapers on Aug. 12.Korean-language dailies-- Justice minister neutralizes prosecution reform laws with enforcement ordinance (Kyunghyang Shinmun)-- Presidential office: &#
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  Import prices fall for 1st time in 3 months in July on declining oil prices

  SEOUL, Aug. 12 (Yonhap) -- South Korea's import prices fell for the first time in three months in July as global oil prices declined amid concerns about a global recession, central bank data showed Friday.The import price index inched down 0.9 pe
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  Samsung Securities' net almost halves in Q2 due to sluggish market

  SEOUL, Aug. 11 (Yonhap) -- South Korea's major brokerage house Samsung Securities Co. saw its net profit nearly halved in the second quarter of this year from a year ago as stock transaction fees shrank amid sluggish markets.Consolidated net earn
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  (LEAD) Netmarble shifts to net loss in Q2 due to increased spending

  (ATTN: RECASTS headline, throughout with more info; ADDS photo) SEOUL, Aug. 11 (Yonhap) -- Netmarble Corp., a major South Korean game developer and publisher, said Thursday it swung to a net loss in the second quarter from a year earlier due to incre
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  (2nd LD) S. Korea to supply record amount of foodstuff ahead of Chuseok holiday

  (ATTN: UPDATES with finance minister's remarks on inflation in last 4 paras)SEOUL, Aug. 11 (Yonhap) -- South Korea said Thursday it plans to increase the supply of key foodstuff by a record amount in a bid to help curb inflation ahead of the Chus
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  (LEAD) Emart swings to loss in Q2 on increased expenses, tax

  (ATTN: RECASTS headline, throughout with more info; ADDS photo)SEOUL, Aug. 11 (Yonhap) -- South Korean discount retailer Emart Inc. said Thursday it swung to a net loss in the second quarter of this year on increased expenses and property taxes. On a
• LG Q2 net profit down 52.3 pct to 478 bln won

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  SEOUL, Aug. 11 (Yonhap) -- LG Corp. on Thursday reported its second-quarter net income of 478 billion won (US$366.8 million), down 52.3 percent from a year earlier.Operating income for the April-June period was 500.5 billion won, down 13.8 percent fr
• Netmarble shifts to loss in Q2

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  SEOUL, Aug. 11 (Yonhap) -- Netmarble Corp. on Thursday reported its second-quarter net loss of 120.5 billion won (US$92.5 million), turning around from a profit of 48.2 billion won a year earlier.The company said in a regulatory filing that it posted
• Krafton Q2 net profit up 37.3 pct to 194 bln won

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  SEOUL, Aug. 11 (Yonhap) -- Krafton Inc. on Thursday reported a second-quarter net income of 194 billion won (US$148.9 million), up 37.3 percent from a year earlier.Operating income for the April-June period was 162.3 billion won, down 6.8 percent fro
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  (LEAD) S. Korea to supply record amount of foodstuff ahead of Chuseok holiday

  (ATTN: UPDATES with more details throughout)SEOUL, Aug. 11 (Yonhap) -- South Korea said Thursday it plans to increase the supply of key foodstuff by a record amount in a bid to help curb inflation ahead of the Chuseok fall harvest holiday slated for
• Hyundai Department Store Q2 net profit up 11.2 pct to 53.7 bln won

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  SEOUL, Aug. 11 (Yonhap) -- Hyundai Department Store Co. on Thursday reported its second-quarter net profit of 53.7 billion won (US$41.2 million), up 11.2 percent from a year earlier.Operating profit for the April-June period was 71.2 billion won, up
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  Hyundai Steel, 10 other steelmakers fined for price fixing

  SEOUL, Aug. 11 (Yonhap) -- South Korea's antitrust regulator said Thursday it has decided to impose a combined fine of 256.5 billion won (US$197.5 million) on the country's No. 2 steelmaker, Hyundai Steel Co., and 10 other firms for fixing bi
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  E-grocery startup Market Kurly partners with RedMart to sell Korean food in Singapore

  SEOUL, Aug. 11 (Yonhap) -- South Korean e-grocery startup Market Kurly has partnered with RedMart, a Singaporean online grocery giant, to sell Korean food online in the Southeast Asian city-state, its operator said Thursday.Under a partnership agreem
• Korea Gas swings to black in Q2

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  SEOUL, Aug. 11 (Yonhap) -- Korea Gas Corp. on Thursday reported a second-quarter net profit of 151.4 billion won (US$116.1 million), turning around from a loss of 52.6 billion won a year earlier.The company said in a regulatory filing that operating
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  Foreigners become net buyers of S. Korean stocks for 1st time in 6 months in July

  SEOUL, Aug. 11 (Yonhap) -- Foreign investors became net buyers of South Korean stocks for the first time in six months in July on expectations that the Federal Reserve may slow the pace of monetary tightening, central bank data showed Thursday.Foreig
• E-Mart shifts to loss in Q2

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  SEOUL, Aug. 11 (Yonhap) -- E-Mart Inc. on Thursday reported a second-quarter net loss of 63.1 billion won (US$48.5 million), swinging from a profit of 483 billion won a year earlier.The company said in a regulatory filing that it posted an operating
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  Service output in all provinces, major cities up in Q2

  SEJONG, Aug. 11 (Yonhap) -- Service output increased in all 16 provinces and major cities of South Korea in the second quarter of the year amid eased coronavirus curbs, data showed Thursday.The country's service output rose 5.4 percent in the Apr
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  Money supply up for 3rd month in June on increased deposits

  SEOUL, Aug. 11 (Yonhap) -- South Korea's money supply grew for the third straight month in June on increased deposits amid rising interest rates, central bank data showed Thursday. The country's M2, a key gauge of the money supply, stood at 3
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  Samsung Fire & Marine Insurance net up 9 pct in Q2

  SEOUL, Aug. 11 (Yonhap) -- Samsung Fire & Marine Insurance Co., South Korea's No. 1 non-life insurer, said Thursday its second-quarter earnings rose 9 percent from a year ago thanks to a decreased loss rate.Net income came to 340.8 billion won (U