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• Hyundai Steel Q2 net profit up 60.7 pct to 566.6 bln won

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  SEOUL, July 26 (Yonhap) -- Hyundai Steel Co. on Tuesday reported its second-quarter net income of 566.6 billion won (US$432.9 million), up 60.7 percent from a year earlier.Operating income for the April-June period was 822.1 billion won, up 50.8 perc
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  Nearly 7 in 10 older adults want to work until 73: survey

  SEOUL, July 26 (Yonhap) -- Nearly 70 percent of South Korean senior citizens said they want to continue to work until the age of 73, a survey showed Tuesday, amid rapid aging and a rise in life expectancy.The poll by Statistics Korea showed 10.35 mil
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  Regulators eye measure to help at-risk financial firms

  SEOUL, July 26 (Yonhap) -- South Korea's financial regulators on Tuesday decided to map out a scheme to provide help in advance to those financial firms whose balance sheets are soured amid rising uncertainties at home and abroad.The Financial Se
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  S. Korea's ice cream exports hit all-time high in H1

  SEOUL, July 26 (Yonhap) -- South Korea's exports of ice cream reached an all-time high in the first half of this year, data showed Tuesday, amid a global heat wave and the growing popularity of Korean culture.Overseas shipments of South Korean-ma
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  BTS reality show filming spot will be on Airbnb for one night in August

  By Kang Jae-eunPYEONGCHANG, South Korea, July 26 (Yonhap) -- Airbnb said Tuesday it has teamed up with Hybe, the entertainment company behind BTS, to offer fans of the K-pop band a chance to relive moments featured in season two of the "IN THE
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  Refiners' H1 exports hit all-time high of US$27.95 bln on higher oil prices, demand recovery

  SEOUL, July 26 (Yonhap) -- The exports of petroleum products by major refiners in South Korea hit a record high of US$27.95 billion in the first half of this year on the back of higher oil prices and strong demand recovery amid eased COVID-19 restric
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  Drug smuggling grows over 10 pct in H1

  SEOUL, July 26 (Yonhap) -- Drug trafficking caught by South Korea's customs agency grew 11.2 percent on-year in the first half of this year, data showed Tuesday.The Korea Customs Service said it confiscated a total of 238 kilograms of drugs in th
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  (LEAD) S. Korean economy grows at faster pace in Q2 on robust private spending

  (ATTN: UPDATES with more details throughout ; ADDS photo)SEOUL, July 26 (Yonhap) -- The South Korean economy grew at a faster pace in the second quarter than three months earlier as private spending picked up due to eased COVID-19 restrictions despit
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  LG Energy Solution joins hands with Huayou Cobalt to build battery recycling plant

  SEOUL, July 26 (Yonhap) -- LG Energy Solution Ltd. (LGES) said Tuesday it has signed a joint venture agreement with a Chinese mining company to build a battery recycling plant to secure raw materials for lithium-ion battery components. The joint vent
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  S. Korean economy grows at faster pace in Q2 on robust private spending

  SEOUL, July 26 (Yonhap) -- The South Korean economy grew at a faster pace in the second quarter than three months earlier as private spending picked up due to eased COVID-19 restrictions despite a fall in exports, the central bank said Tuesday.The co
• (URGENT) S. Korean economy grows 0.7 pct on-quarter in Q2: BOK

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  (LEAD) Inflation expected to peak in late Q3 or early Q4: finance minister

  (ATTN: UPDATES with more details in last 5 paras)SEOUL, July 25 (Yonhap) -- South Korea's consumer inflation is likely to peak late in the third quarter or early in the fourth quarter if there is no sharp hike in global oil and grain prices, Fina
• NH Investment & Securities Q2 net income down 55.8 pct to 119.6 bln won

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  SEOUL, July 25 (Yonhap) -- NH Investment & Securities Co. on Monday reported its second-quarter net profit of 119.6 billion won (US$91 million), down 55.8 percent from a year earlier.Operating profit for the April-June period was 154.2 billion won, d
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  Inflation expected to peak in late Q3 or early Q4: finance minister

  SEOUL, July 25 (Yonhap) -- South Korea's consumer inflation is likely to peak late in the third quarter or early fourth quarter if there is no sharp hike in global oil and grain prices, Finance Minister Choo Kyung-ho said Monday.Consumer prices m
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  DSME bags 649.5 bln-won order for 2 LNG carriers

  SEOUL, July 25 (Yonhap) -- South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday it has won a 649.5 billion-won (US$495 million) order to build two liquefied natural gas (LNG) carriers from Europe.DSME, the world's
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  Daily FX turnover hits record high in Q2 amid increased currency volatility

  SEOUL, July 25 (Yonhap) -- The daily foreign exchange (FX) trading by banks in South Korea hit a fresh high in the second quarter as volatility in the currency market heightened, central bank data showed Monday.The daily FX turnover, including tradin
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  Exports of fisheries goods hit new high in H1

  SEOUL, July 25 (Yonhap) -- South Korea's exports of fisheries products touched a fresh high in the first half of this year thanks to brisk overseas demand, data showed Monday. Outbound shipments of fisheries goods reached US$1.71 billion during t
• AMCHAM delegation to visit U.S. for meetings with Biden officials, lawmakers

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  SEOUL, July 25 (Yonhap) -- The American Chamber of Commerce in Korea (AMCHAM) said Monday its delegation will leave for Washington this week to meet with key U.S. government officials and lawmakers in a move to promote the business and trade relation
• Hyundai Rotem Q2 net income up 78.7 pct to 25.6 bln won

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  SEOUL, July 25 (Yonhap) -- Hyundai Rotem Co. on Monday reported its second-quarter net income of 25.6 billion won (US$19.5 million), up 78.7 percent from a year earlier.Operating profit for the April-June period was 31.4 billion won, up 99.4 percent
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  (LEAD) Samsung Card's net rises 12 pct in H1 on increased consumer spending

  (ATTN: RECASTS throughout with details; ADDS photo; CHANGES headline)By Chung Joo-wonSEOUL, July 25 (Yonhap) -- Samsung Card Co., a major South Korean credit card firm, said Monday its net profit increased in the first half of this year, helped by re