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  Biz leaders of S. Korea, France discuss energy, tech cooperation in Paris

  By Kim Seung-yeonSEOUL, June 22 (Yonhap) -- Business leaders of South Korea and France have discussed efforts to deepen industrial cooperation, with a focus on energy and technologies, a South Korean business lobby said Thursday. Some 30 top business
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  European firms vow to invest 1.2 tln won in S. Korea

  SEOUL, June 21 (Yonhap) -- A group of European companies vowed to invest 1.2 trillion won (US$928 million) in South Korea in batteries, future cars and other cutting-edge industries, the industry ministry said Wednesday.Six European companies made th
• Panagene to raise 30 bln won via stock offering

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  SEOUL, June 21 (Yonhap) -- Panagene Inc.on Wednesday announced that it will sell stock to raise 30 billion won (US$23.2 million). The proceeds from the stock sale will be used mainly to finance stock acquisition.According to a regulatory filing, the
• Chungho Ict to raise 5 bln won via stock sale

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  SEOUL, June 21 (Yonhap) -- Chungho Ict Co.on Wednesday announced that it will sell stock to raise 5 billion won (US$3.9 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regulatory filin
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  Hyundai, Kia's Europe sales rise 0.1 pct in May

  SEOUL, June 21 (Yonhap) -- Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their combined vehicle sales in Europe rose 0.1 percent in May from a year earlier. Last month, Hyundai and Kia sold a total of 97,081 vehicles in Europe,
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  POSCO to build 1.5 tln-won nickel, precursor factories in S. Korea with China's CNGR

  SEOUL, June 21 (Yonhap) -- POSCO Holdings Inc. said Wednesday it is spending 1.5 trillion won (US$1.16 billion) with a Chinese partner to build factories in South Korea to produce nickel and precursor for secondary batteries. POSCO Holdings and POSCO
• Blade Entertainment to raise 2 bln won via stock sale

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  SEOUL, June 21 (Yonhap) -- Blade Entertainment Co. on Wednesday announced that it will sell stock to raise 2 billion won(US$1.5 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory
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  Lexus Korea launches brand's 1st dedicated all-electric model

  SEOUL, June 21 (Yonhap) -- Lexus Korea on Wednesday launched its first dedicated pure electric vehicle, the RZ 450e, to meet growing local demand for EV models and to be in line with its plan to go all-electric by 2035. The RZ 450e large SUV comes wi
• Peoplebio to raise 5.4 bln won via stock sale

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  SEOUL, June 21 (Yonhap) -- Peoplebio Inc. on Wednesday announced that it will sell stock to raise 5.4 billion won(US$4.2 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing,
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  (Yonhap interview) Predictability required in doing business in S. Korea: Mercedes-Benz Korea CEO

  By Choi Kyong-aeSEOUL, June 21 (Yonhap) -- The head of Mercedes-Benz Korea Ltd. has said a predictable business environment is the "one thing" he has wanted the most from the South Korean government during his 2 1/2-year term that ends in
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  East Sea's cesium level nearly unchanged since 2011: oceans vice minister

  SEOUL, June 21 (Yonhap) -- The level of cesium in the East Sea has remained nearly unchanged since 2011, the oceans vice minister said Wednesday, amid concerns over Tokyo's planned release of contaminated water from its crippled nuclear power pla
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  Higher rates, economic slowdown, slump in real estate market pose risks to financial system: BOK report

  SEOUL, June 21 (Yonhap) -- South Korea's financial system remains relatively stable, but a variety of factors -- higher rates, a delay in economic recovery and an extended slump in the real estate market -- may pose risks to its stability, a cent
• 7 firms to recall over 320,000 vehicles over faulty parts

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  SEOUL, June 21 (Yonhap) -- Hyundai Motor Co., Mercedes-Benz Korea Co. and five other companies will voluntarily recall more than 320,000 vehicles to fix faulty components, the transport ministry said Wednesday.The companies, including Kia Corp., GM K
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  (LEAD) Exports up 5.3 pct during first 20 days of June

  (ATTN: RECASTS lead; UPDATES with details throughout)By Kang Yoon-seungSEOUL, June 21 (Yonhap) -- South Korea's exports rose 5.3 percent on-year in the first 20 days of June due to a greater number of working days, although shipments of semicondu
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  (LEAD) S. Korea to freeze Q3 electricity rates amid mounting public burdens

  (ATTN: ADDS more details in last 13 paras)SEOUL, June 21 (Yonhap) -- South Korea's state power firm said Wednesday it will freeze electricity rates for the third quarter in a move to ease the burdens on people following two consecutive quarters o
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  Exports up 5.3 pct during first 20 days of June

  SEOUL, June 21 (Yonhap) -- South Korea's exports rose 5.3 percent on-year in the first 20 days of June, although shipments of semiconductors remained sluggish, data showed Wednesday.The country's outbound shipments reached US$32.9 billion in
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  (LEAD) S. Korea to push for 'circular economy' of major resources

  (ATTN: UPDATES throughout with details; CHANGES photo)By Kang Yoon-seungSEOUL, June 21 (Yonhap) -- South Korea will push for a 'circular economy' of key resources, focusing on recycling in major industries, such as steel, petrochemicals and b
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  YouTube to launch first official shopping channel in S. Korea

  By Kim Na-young and Kang Jae-eunSEOUL, June 21 (Yonhap) -- YouTube will launch its official shopping channel in South Korea for live commerce later this month for the first time in the world, people familiar with the matter said Wednesday.The new cha
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  S. Korea to freeze Q3 electricity rates amid mounting public burdens

  SEOUL, June 21 (Yonhap) -- South Korea's state power firm said Wednesday it will freeze electricity rates for the third quarter in a move to ease the burdens on people following two consecutive quarters of hikes. The planned freeze came as the go
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  S. Korea to push for 'circular economy' of major resources

  SEOUL, June 21 (Yonhap) -- South Korea will push for a 'circular economy' of key resources, focusing on recycling in major industries, such as steel, petrochemicals and batteries, with the goal of cutting carbon emissions, the government said