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• Korea Zinc Inc to raise 471.8 bln won via stock sale

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  SEOUL, Aug. 5 (Yonhap) -- Korea Zinc Incon Friday announced that it will sell stocks to raise 471.8 billion won(US$363.4 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regulatory fili
• Celltrion Q2 net profit up 41.2 pct to 184 bln won

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  SEOUL, Aug. 5 (Yonhap) -- Celltrion Inc. on Friday reported its second-quarter net income of 184 billion won (US$141.7 million), up 41.2 percent from a year earlier.Operating profit for the April-June period was 199 billion won, up 21.3 percent from
• Lotte Chemical Q2 net income down 92.8 pct. to 36.2 bln won

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  SEOUL, Aug. 5 (Yonhap) -- Lotte Chemical Corp. on Friday reported its second-quarter net income of 36.2 billion won (US$27.9 million), down 92.8 percent from a year earlier.The company said in a regulatory filing that it posted an operating loss of 2
• Lotte Shopping swings to black in Q2

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  SEOUL, Aug. 5 (Yonhap) -- Lotte Shopping Co. on Friday reported its second-quarter net profit of 45.5 billion won (US$35 million), swinging from a loss of 34.5 billion won a year earlier.The company said in a regulatory filing that it posted 74.4 bil
• (URGENT) S. Korea's 1st lunar orbiter successfully enters ballistic lunar transfer trajectory toward the moon

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  Ferrari sales set to top 300 in S. Korea this year

  SEOUL, Aug. 5 (Yonhap) -- Sales of Ferrari models are set to exceed 300 in South Korea this year amid growing demand for high-performance vehicles in Asia's fourth-biggest economy, its importer said Friday. Forza Motors Korea Corp. (FMK), which i
• Kumho Petro Chemical Q2 net profit down 50.8 pct to 286.9 bln won

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  SEOUL, Aug. 5 (Yonhap) -- Kumho Petro Chemical Co. on Friday reported its second-quarter net income of 286.9 billion won (US$221.2 million), down 50.8 percent from a year earlier.The company said in a regulatory filing that it posted 354 billion won
• BOK to host meetings of top regional central bankers and discuss cooperation

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  SEOUL, Aug. 5 (Yonhap) -- The Bank of Korea (BOK) said Friday it will host meetings of top central bankers and financial regulators from the East Asia and Pacific region early next week to discuss regional cooperation.BOK Gov. Rhee Chang-yong will at
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  (2nd LD) S. Korea's 1st lunar orbiter makes successful communication with ground station

  (ATTN: ADDS more info, background from para 10)CAPE CANAVERAL, United States/SEOUL, Aug. 5 (Joint Press Corps-Yonhap) -- South Korea's first lunar orbiter has successfully communicated with its ground control station, the science ministry said Fr
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  SK IE Technology joins hands with Vietnam's Vingroup for EV battery material supply

  SEOUL, Aug. 5 (Yonhap) -- SK IE Technology Co. (SKIET), an electronics materials maker under South Korea's SK Group, said Friday it has signed an initial deal with Vingroup, Vietnam's largest conglomerate, to supply a battery material to its
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  (LEAD) S. Korea's 1st lunar orbiter makes successful communication with ground station

  (ATTN: RECASTS throughout with successful communication; CHANGES headline; REPLACES photos)CAPE CANAVERAL, United States/SEOUL, Aug. 5 (Joint Press Corps-Yonhap) -- South Korea's first lunar orbiter has successfully communicated with its ground c
• LG Uplus Q2 net income down 23 pct to 162 bln won

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  SEOUL, Aug. 5 (Yonhap) -- LG Uplus Corp. on Friday reported its second-quarter net profit of 162 billion won (US$124.7 million), down 23 percent from a year earlier.Operating profit for the April-June period was 248.4 billion won, down 7.5 percent fr
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  Gov't confirms 5 pct rise in minimum wage for next year

  SEOUL, Aug. 5 (Yonhap) -- The minimum hourly wage for next year has been finalized at 9,620 won (US$7.38), a 5 percent increase from this year, as previously agreed upon by representatives of the country's labor and management, the labor ministry
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  (LEAD) S. Korea logs current account surplus for 2nd month; surplus shrinks amid mounting import costs

  (ATTN: ADDS BOK official's comments, more info throughout)SEOUL, Aug. 5 (Yonhap) -- South Korea posted a current account surplus for the second straight month in June, but its amount sharply contracted from a year earlier amid mounting import cos
• (URGENT) S. Korea's 1st lunar orbiter makes successful communication with ground station

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  S. Korea to raise traveler's duty-free allowance limit to US$800

  SEOUL, Aug. 5 (Yonhap) -- South Korea plans to raise the limit of the duty-free allowance for inbound travelers to US$800 per person from the current $600, the finance ministry said Friday.Currently, international arrivals -- both Korean nationals an
• Fast facts about S. Korea's 1st lunar orbiter Danuri and its mission

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  SEOUL, Aug. 5 (Yonhap) -- The following are fast facts about the Korea Pathfinder Lunar Orbiter -- known as Danuri in Korean -- which was launched aboard a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in the U.S. state of Florida on
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  (LEAD) S. Korea's 1st lunar orbiter launches aboard SpaceX's Falcon 9 rocket

  (ATTN: RECASTS headline, lead; ADDS more info)CAPE CANAVERAL, United States/SEOUL, Aug. 5 (Joint Press Corps-Yonhap) -- A SpaceX Falcon 9 rocket carrying South Korea's first lunar orbiter has lifted off from Cape Canaveral in the United States, o
• (URGENT) S. Korea's 1st lunar orbiter launches aboard SpaceX Falcon 9 rocket in U.S.

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  S. Korea logs current account surplus for 2nd month; surplus shrinks amid mounting import costs

  SEOUL, Aug. 5 (Yonhap) -- South Korea posted a current account surplus for the second straight month in June, but its amount sharply contracted from a year earlier amid mounting import costs emanating from high energy and commodity prices, central ba