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Hancom launches S. Korea's 1st commercial Earth observation satellite

SEOUL, May 26 (Yonhap) -- A SpaceX Falcon 9 rocket lifted off from the Kennedy Space Center in Florida on early Thursday in a mission to carry South Korea's first commercial Earth observation satellite into orbit.Sejong-1 is set to orbit the Eart
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Yoon vows bold infrastructure investment for SMEs' innovative growth

SEOUL, May 25 (Yonhap) -- President Yoon Suk-yeol said Wednesday the government will support small and medium enterprises (SMEs) with bold infrastructure investment that will enhance their competitiveness and innovation.Yoon also vowed to make effort
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(LEAD) S. Korea's overseas financial assets hit fresh high in Q1

(ATTN: ADDS more details in 3rd para)SEOUL, May 25 (Yonhap) -- South Korea's overseas financial assets soared to an all-time high in the first quarter of this year on the back of the growth in foreign direct investment, central bank data showed W
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(LEAD) Hankook Tire builds Asia's longest proving ground

(ATTN: UPDATES with background in last para)SEOUL, May 25 (Yonhap) -- Hankook Tire & Technology Co. said Wednesday it has completed Asia's longest tire proving ground in South Korea to meet rising demand for high-end products for next-generation
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(LEAD) S. Korea not to lift Fukushima seafood import ban for CPTPP entry push: oceans minister

(ATTN: ADDS more remarks on CPTPP, HMM privatization in 7th para, last 5 paras)By Oh Seok-minSEJONG, May 25 (Yonhap) -- South Korea's oceans minister said Wednesday that his country will not lift a ban on imports of seafood from Japan's Fukus
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Hankook Tire builds Asia's longest proving ground

SEOUL, May 25 (Yonhap) -- Hankook Tire & Technology Co. said Wednesday it has completed Asia's longest tire proving ground in South Korea to meet rising demand for high-end products for next-generation vehicles. Hankook Tire has invested 230 bill
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S. Korea not to lift Fukushima seafood import ban for CPTPP entry push: oceans minister

By Oh Seok-minSEJONG, May 25 (Yonhap) -- South Korea's oceans minister said Wednesday that his country will not lift a ban on imports of seafood from Japan's Fukushima area for the sake of winning Japan's support for the country's pus
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(LEAD) S. Korea's fertility rate hits new low in Q1

(ATTN: RECASTS throughout to highlight fertility rate, quarterly figures)SEOUL, May 25 (Yonhap) -- South Korea's first-quarter fertility rate hit a fresh nadir and its population fell for 29 months running in March amid rising deaths, data showed
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OTC derivative transactions jump 6.6 pct in 2021

SEOUL, May 25 (Yonhap) -- The transactions of over-the-counter (OTC) derivatives expanded 6.6 percent on-year in 2021, as demand for such products rose amid increased volatility, data showed Wednesday.The combined turnover of OTC derivatives, such as
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(LEAD) S. Korea-led int'l association on hydrogen industry kicks off

(ATTN: REPLACES photo with latest)SEOUL, May 25 (Yonhap) -- South Korea, the United States and 16 other countries on Wednesday launched an association meant to boost cooperation in the development of the hydrogen industry, Seoul's industry minist
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S. Korea sets June 15 as 2nd launch date of homegrown space rocket

SEOUL, May 25 (Yonhap) -- South Korea on Wednesday set June 15 as the second launch date of its homegrown space rocket Nuri, eight months after the first launch failed to put a dummy satellite into orbit.Nuri, also known as KSLV-II, is set to lift of
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Population mobility hits 48-year low in April

SEOUL, May 25 (Yonhap) -- The number of South Koreans who moved to different residences in the country sank to a 48-year low in April amid population aging and fewer housing transactions, data showed Wednesday.The number of people who changed their r
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Users of mobile financial services grow over 2 years

SEOUL, May 25 (Yonhap) -- South Koreans' use of mobile banking and other online financial services increased in 2021 from two years earlier as customers preferred non-contact services amid the coronavirus pandemic, central bank data showed Wednes
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S. Korea's overseas financial assets hit fresh high in Q1

SEOUL, May 25 (Yonhap) -- South Korea's overseas financial assets soared to an all-time high in the first quarter of this year on the back of the growth in foreign direct investment, central bank data showed Wednesday.The country's external f
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S. Korea's childbirths drop 4.2 pct in March

SEOUL, May 25 (Yonhap) -- The number of babies born in South Korea shrank 4.2 percent in March, data showed Wednesday, pointing to the country's gloomy demographic situation and chronically low birthrate.A total of 22,925 babies were born in Asia
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T'way Air adds 3 A330-300s to resume flights amid eased virus curbs

SEOUL, May 25 (Yonhap) -- T'way Air, a South Korean low-cost carrier, said Wednesday it has added three A330-300 planes to its fleet to open a new route and resume flights on international routes amid eased COVID-19 virus curbs.In February, T'
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S. Korea-led int'l association on hydrogen industry kicks off

SEOUL, May 25 (Yonhap) -- South Korea, the United States and 16 other countries on Wednesday launched an association meant to boost cooperation in the development of the hydrogen industry, Seoul's industry ministry said.The member countries of th
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Regulator begins reviewing shippers' alleged price fixing for S. Korea-Japan sea routes

SEOUL, May 25 (Yonhap) -- South Korea's antitrust regulator on Wednesday began reviewing possible punitive measures against shippers over their alleged collusion of fixing freight rates for the Korea-Japan sea routes for nearly two decades.The Fa
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GM Korea to add upgraded Equinox to SUV lineup

SEOUL, May 25 (Yonhap) -- GM Korea Co., the South Korean unit of General Motors Co., said Wednesday it will add the upgraded Equinox SUV to its lineup next month to prop up its sales here.The midsized Equinox comes with a 1.5-liter gasoline turbo eng
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Samsung SDI, Stellantis to set up US$2.5 bln Indiana battery plant

SEOUL, May 25 (Yonhap) -- South Korean battery maker Samsung SDI Co. said Wednesday it is investing US$1.29 billion in an electric vehicle battery plant to be built in the U.S. state of Indiana under a joint venture with Stellantis N.V.Samsung SDI wi