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(LEAD) S. Korean currency falls to over 13-year low in intraday trading

(ATTN: UPDATES with more details throughout; ADDS photo)SEOUL, July 15 (Yonhap) -- The South Korean currency on Friday sank below the 1,320-won level against the U.S. dollar for the first time in more than 13 years amid concerns about global monetary
S. Korean currency falls to over 13-year low in intraday trading

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SEOUL, July 15 (Yonhap) -- The South Korean currency on Friday sank below the 1,320-won level against the U.S. dollar for the first time in more than 13 years amid concerns about global monetary tightening and an economic recession.The Korean currenc
Import prices up for 2nd month in June on high energy, raw material costs

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SEOUL, July 15 (Yonhap) -- South Korea's import prices grew for the second straight month in June as oil and raw material prices remained high, central bank data showed Friday.The import price index edged up 0.5 percent in June from a month earli
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(2nd LD) WFP chief meets S. Korean ministers to discuss N. Korea food situation

(ATTN: ADDS WFP chief's meeting with S. Korean agriculture minister in last 3 paras)By Yi WonjuSEOUL, July 14 (Yonhap) -- The head of the World Food Programme (WFP) had discussions with South Korea's foreign and unification ministers Thursday
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(News Focus) Traditional car shows struggle amid electrification

By Choi Kyong-aeBUSAN, July 14 (Yonhap) -- Once touted as touchpoints where the auto industry gathered to promote new vehicles and technologies, South Korea's traditional auto shows are on the wane and in need of an overhaul as more automakers tu
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(LEAD) HMM to invest US$11.4 bln to boost competitiveness

(ATTN: ADDS more info in last 5 paras, photo)SEOUL, July 14 (Yonhap) -- South Korea's leading container shipper HMM Co. said Thursday that it will invest 15 trillion won (US$11.4 billion) over the next five years to increase its capacity and secu
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(LEAD) Number of int'l migrants hits 18-year low in 2021 amid pandemic

(ATTN: UPDATES with more details throughout)SEOUL, July 14 (Yonhap) -- The number of South Korean and foreign migrants fell to the lowest level in 18 years last year as the COVID-19 pandemic restricted cross-border movements by people, data showed Th
POSCO Holdings Q2 operating earnings down 4.5 pct. to 2.1 tln won

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SEOUL, July 14 (Yonhap) -- POSCO Holdings Inc. on Thursday estimated its second-quarter operating earnings at 2.1 trillion won (US$1.6 billion), down 4.5 percent from a year earlier.Sales increased 25.7 percent to 23 trillion won. The data for net ea
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(LEAD) Hyundai unveils 2nd dedicated EV model IONIQ 6

(ATTN: UPDATES with details throughout; CHANGES headline, lead, photos)BUSAN, July 14 (Yonhap) -- South Korea's Hyundai Motor Co. on Thursday unveiled its second dedicated EV model IONIQ 6 at the Busan International Motor Show ahead of its local
Delinquency ratio on bank loans ticks up in May

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SEOUL, July 14 (Yonhap) -- The delinquency ratio on loans extended by banks in South Korea ticked up in May from a month earlier, the financial watchdog said Thursday.The delinquency ratio on banks' won-denominated loans had come to 0.24 percent
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Number of int'l migrants falls at fastest pace in 2021 amid pandemic

SEOUL, July 14 (Yonhap) -- The number of South Korean and foreign migrants fell at the fastest-ever pace last year as the COVID-19 pandemic restricted cross-border movements by people, data showed Thursday.The number of international migrants, referr
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(LEAD) SK On-Ford EV battery joint venture sets sail

(ATTN: ADDS more details, background in paras 3, 7-9)By Kim Seung-yeon SEOUL, July 14 (Yonhap) -- SK On Co.'s electric vehicle (EV) battery joint venture with Ford Motor Co. in the United States has formally set sail, the South Korean battery mak
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Yoon calls for protecting ordinary citizens from high inflation, interest rates

SEOUL, July 14 (Yonhap) -- President Yoon Suk-yeol instructed officials Thursday to find ways to protect ordinary citizens from the financial pressures of high inflation and high interest rates.Yoon made the remark a day after the Bank of Korea deliv
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SK On-Ford EV battery joint venture sets sail

SEOUL, July 14 (Yonhap) -- SK On Co.'s electric vehicle (EV) battery joint venture with Ford Motor Co. in the United States has formally set sail, the South Korean battery maker said Thursday, paving the way for SK's new battery unit to accel
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HMM to invest US$11.4 bln to boost competitiveness

SEOUL, July 14 (Yonhap) -- South Korea's leading container shipper HMM Co. said Thursday that it will invest 15 trillion won (US$11.4 billion) over the next five years to increase its capacity and secure diverse strategic assets as part of its ef
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Hyundai unveils 2nd dedicated EV model IONIQ 6

BUSAN, July 14 (Yonhap) -- South Korea's Hyundai Motor Co. on Thursday unveiled its second dedicated EV model IONIQ 6 at the Busan International Motor Show ahead of its local launch in September.The IONIQ 6 is the second model embedded with Hyund
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(LEAD) Finance minister, BOK chief to attend G-20 meeting in Bali

(ATTN: UPDATES with more details throughout; CHANGES photo)SEOUL, July 14 (Yonhap) -- South Korea's finance minister and the top central banker will take part in a Group of 20 (G-20) meeting of finance ministers and central bank chiefs this week
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S. Korea's fiscal deficit worsens through May

SEOUL, July 14 (Yonhap) -- South Korea's fiscal deficit rose 22.7 trillion won (US$17.4 billion) in the first five months of this year from a year ago due largely to increased government spending aimed at tackling the pandemic, data showed Thursd
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SK chief suggests possible changes in investment plans amid rising costs

By Kim Seung-yeon SEOUL, July 14 (Yonhap) -- SK Group Chairman Chey Tae-won has suggested possible changes or a delay in SK's multibillion dollar investment plans for the next few years, citing higher borrowing and raw material costs. Chey made t
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S. Korea to actively deal with herd behavior in financial market: official

SEOUL, July 14 (Yonhap) -- South Korea plans to actively tackle herd behavior in the financial market as market volatility has increased amid monetary tightening drives at home and abroad, a senior government official said Thursday.The government pla