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• CJ Cheiljedang Q2 net profit down 3.4 pct to 252.7 bln won

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  SEOUL, Aug. 8 (Yonhap) -- CJ Cheiljedang Corp. on Monday reported its second-quarter net profit of 252.7 billion won (US$193.4 million), down 3.4 percent from a year earlier.Operating income for the April-June period was 504.3 billion won, up 7.4 per
• Korea Aerospace Industries Q2 net profit down 6.7 pct. to 50.2 bln won

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  SEOUL, Aug. 8 (Yonhap) -- Korea Aerospace Industries Ltd. on Monday reported its second-quarter net income of 50.2 billion won (US$38.4 million), down 6.7 percent from a year earlier.The company said in a regulatory filing that operating profit for t
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  Samsung, labor union set to sign 1st official wage deal this week

  SEOUL, Aug. 8 (Yonhap) -- Samsung Electronics Co.'s management and its union were set to sign an annual wage deal this week, which includes a 9 percent pay raise for 2021-2022, following a recent endorsement of the deal by unionized workers, comp
• Lig Nex1 Q2 net profit up 96.7 pct. to 44.2 bln won

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  SEOUL, Aug. 8 (Yonhap) -- Lig Nex1 Co. on Monday reported its second-quarter net profit of 44.2 billion won (US$33.9 million), up 96.7 percent from a year earlier.Operating income for the April-June period was 47.2 billion won, up 63.8 percent from a
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  S. Korea to unveil inflation-fighting measures, housing supply plan this week

  SEOUL, Aug. 8 (Yonhap) -- South Korea will unveil additional measures to tame inflation, and a package of housing supply plans, this week in an effort to help stabilize people's livelihoods, the finance minister said Monday.The government plans t
• SKC Q2 net profit up 55.3 pct. to 119.7 bln won

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  SEOUL, Aug. 8 (Yonhap) -- SKC Ltd. on Monday reported its second-quarter net income of 119.7 billion won (US$91.8 million), up 55.3 percent from a year earlier.Operating income for the April-June period was 109.4 billion won, down 19 percent from a y
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  S. Korea to sell state-owned idle assets over next 5 years

  SEOUL, Aug. 8 (Yonhap) -- South Korea plans to sell state-owned unused and idle lands and buildings over the next five years in a bid to bolster public finances, the finance ministry said Monday.The government said it plans to push to sell assets wor
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  (LEAD) Meritz Securities Q2 net down 16.7 pct amid unfavorable market conditions

  (ATTN: RECASTS headline, lead; UPDATES throughout with details; ADDS image)SEOUL, Aug. 8 (Yonhap) -- Meritz Securities Co. said Monday its second-quarter earnings sank nearly 17 percent from a year earlier amid unfavorable market conditions, but its
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  Hyundai Motor Group's green car sales top 1 mln

  SEOUL, Aug. 8 (Yonhap) -- Hyundai Motor Group's cumulative sales of eco-friendly vehicles surpassed the 1 million mark in July, 13 years after its entry into the green-car market, data showed Monday.The automaking giant said its two carmaking aff
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  HMM's record earnings forecast to take a breather in Q2

  SEOUL, Aug. 8 (Yonhap) -- HMM Co., South Korea's leading container shipper, is forecast to see its record-breaking earnings streak take a breather for the second quarter of the year due to a downturn in freight rates, analysts said Monday.The shi
• Meritz Securities Q2 net income down 16.7 pct. to 158.4 bln won

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  SEOUL, Aug. 8 (Yonhap) -- Meritz Securities Co. on Monday reported its second-quarter net profit of 158.4 billion won (US$122 million), down 16.7 percent from a year earlier.The company said in a regulatory filing that operating income for the April-
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  Exports of Korean instant noodles hit fresh all-time high in H1

  SEOUL, Aug. 7 (Yonhap) -- South Korea's exports of instant noodles hit a fresh all-time high in the first half on the increasing popularity of Korean pop culture and a rise in demand for home-cooked food amid the pandemic, data showed Sunday.Expo
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  S. Korean economy faces heightened downside risks: KDI

  SEOUL, Aug. 7 (Yonhap) -- The South Korean economy faces increased downside risks due to high inflation and worsening external economic conditions, a state-run think tank said Sunday.Asia's fourth-largest economy is on a mild recovery track, but
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  Hyundai, Kia's green car exports top 200,000 for 1st time in H1: data

  SEOUL, Aug. 7 (Yonhap) -- Hyundai Motor Co. and its sister automaker Kia Corp. saw their combined exports of eco-friendly vehicles exceed 200,000 for the first time in the first half of this year, industry data showed Sunday. During the January-June
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  1 out of 8 mid-aged people borrowed money to tide over pandemic: survey

  SEOUL, Aug. 7 (Yonhap) -- About one out of eight mid-aged people in South Korea has borrowed money due to economic challenges caused by the coronavirus pandemic, a survey showed Sunday.According to the survey of 3,923 people by the Korea Institute fo
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  Military reports 1,480 more COVID-19 cases

  SEOUL, Aug. 6 (Yonhap) -- South Korea's military reported 1,480 additional COVID-19 cases Saturday, raising the total caseload among its service members to 222,371, the defense ministry said.The new cases included 936 from the Army, 223 from the
• Top headlines in major S. Korean newspapers

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  SEOUL, Aug. 6 (Yonhap) -- The following are the top in major South Korean newspapers on Aug. 6.Korean-language dailies-- S. Korea's space pioneering reaches orbit (Kyunghyang Shinmun)-- Danuri's launch a success; S. Korea's space explora
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  (LEAD) Lotte Shopping swings back to Q2 profit

  (ATTN: UPDATES throughout)SEOUL, Aug. 5 (Yonhap) -- Lotte Shopping Co. shifted to a net profit for the second quarter, as its department stores and cinema business recovered from a pandemic-driven slump, the company announced Friday.In a regulatory f
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  (LEAD) Lotte Chemical swings to red in Q2 on higher raw materials costs

  (ATTN: ADDS more details throughout)SEOUL, Aug. 5 (Yonhap) -- Lotte Chemical Corp. said Friday it swung to the red in the second quarter from a year earlier, as the rise in global raw materials prices weighed on overall profitability. It reported an
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  (3rd LD) S. Korea's 1st lunar orbiter successfully enters planned trajectory toward moon

  (ATTN: RECASTS throughout with details of trajectory status; CHANGES headline)CAPE CANAVERAL, United States/SEOUL, Aug. 5 (Joint Press Corps-Yonhap) -- South Korea's first lunar orbiter has entered its planned trajectory toward the moon, the scie