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  (profile) Professor with expertise in int'l trade tapped as new trade minister

  SEOUL, May 9 (Yonhap) -- Ahn Duk-geun, a professor at Seoul National University (SNU), was tapped as South Korea's new trade minister Monday and is expected to use his knowledge in trade policy for the new government's mission to diversify th
• (LEAD) CJ Logistics Q1 net jumps 69 pct amid eased virus curbs

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  (ATTN: RECASTS throughout with details) SEOUL, May 9 (Yonhap) -- CJ Logistics Corp., South Korea's leading logistics firm, said Monday its first-quarter net profit jumped 69 percent from a year earlier on recovering logistics deals despite the ex
• Hyundai Home Shopping Network Q1 net profit down 9.9 pct to 43.6 bln won

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  SEOUL, May 9 (Yonhap) -- Hyundai Home Shopping Network Corp. on Monday reported its first-quarter net income of 43.6 billion won (US$34.3 million), down 9.9 percent from a year earlier.The company said in a regulatory filing that operating income for
• SK Chemicals Q1 net profit down 9.4 pct to 45.7 bln won

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  SEOUL, May 9 (Yonhap) -- SK Chemicals Co. on Monday reported its first-quarter net income of 45.7 billion won (US$35.9 million), down 9.4 percent from a year earlier.The company said in a regulatory filing that it posted 48.7 billion won in operating
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  (2nd LD) Lotte Shopping shifts to profit in Q1 on pent-up demand

  (ATTN: UPDATES with details in paras 4-5, 8; ADDS photo)SEOUL, May 9 (Yonhap) -- Lotte Shopping Co., an affiliate of retail giant Lotte Group, said Monday it shifted to the black in the first quarter from a year earlier on equity gains and improving
• CJ Logistics Q1 net up 69 pct to 31.5 bln won

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  SEOUL, May 9 (Yonhap) -- CJ Logistics Corp. on Monday reported its first-quarter net income of 31.5 billion won (US$24.8 million), up 69.2 percent from a year earlier.The company said in a regulatory filing that operating profit for the January-March
• CJ Cheiljedang Q1 net income up 13.3 pct to 247.9 bln won

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  SEOUL, May 9 (Yonhap) -- CJ Cheiljedang Corp. on Monday reported its first-quarter net profit of 247.9 billion won (US$194.6 million), up 13.3 percent from a year earlier.The company said in a regulatory filing that it posted 435.7 billion won in ope
• (LEAD) Lotte Shopping shifts to profit in Q1 on pent-up demand

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  (ATTN: RECASTS throughout)SEOUL, May 9 (Yonhap) -- Lotte Shopping Co., an affiliate of retail giant Lotte Group, said Monday it shifted to the black in the first quarter from a year earlier on equity gains and improving consumption amid eased virus c
• BGF Retail Q1 net profit up 63.5 pct to 26 bln won

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  SEOUL, May 9 (Yonhap) -- BGF Retail Co. on Monday reported its first-quarter net income of 26 billion won (US$20.4 million), up 63.5 percent from a year earlier.The company said in a regulatory filing that it posted 37.8 billion won in operating prof
• Lotte Shopping swings to black in Q1

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  SEOUL, May 9 (Yonhap) -- Lotte Shopping Co. on Monday reported its first-quarter net profit of 69.1 billion won (US$54.3 million), shifting from a loss of 40.6 billion won a year earlier.The company said in a regulatory filing that it posted 68.7 bil
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  S. Korea launches preliminary feasibility study for Nuri rocket successor

  SEOUL, May 9 (Yonhap) -- South Korea has launched a preliminary feasibility study for the successor to the Nuri rocket, the country's first homegrown space launch vehicle, with the goal of sending a lunar landing module to the moon in 2031, the s
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  Hana Financial Investment eyeing takeover of Hana Bank's Hong Kong unit

  SEOUL, May 9 (Yonhap) -- South Korean brokerage house Hana Financial Investment Co. said Monday that it is seeking to take over affiliate Hana Bank's subsidiary in Hong Kong as part of efforts to tap into the Asian financial hub.Hana Financial In
• Handsome Q1 net profit up 31.5 pct. to 42.8 bln won

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  SEOUL, May 9 (Yonhap) -- Handsome Corp. on Monday reported its first-quarter net income of 42.8 billion won (US$33.5 million), up 31.5 percent from a year earlier.Operating income for the January-March period was 59.1 billion won, up 30.7 percent fro
• SK Networks Q1 net profit down 55 pct. to 29.5 bln won

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  SEOUL, May 9 (Yonhap) -- SK Networks Co. on Monday reported its first-quarter net profit of 29.5 billion won (US$23.1 million), down 55 percent from a year earlier.The company said in a regulatory filing that it posted 43.3 billion won in operating p
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  S. Korean economy facing growing downside risks: KDI

  SEOUL, May 9 (Yonhap) -- Despite a moderate recovery, the South Korean economy faces increasing downside risks as worsening external conditions hamstring investments and exports, a state think tank said Monday.Asia's fourth-largest economy has be
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  Industry minister nominee vows 'reasonable use' of nuclear energy for zero emissions

  SEOUL, May 9 (Yonhap) -- South Korean Industry Minister nominee Lee Chang-yang vowed Monday to utilize nuclear power as a tool for the country's energy security and zero-emission goals and to actively support its exports.During a parliamentary co
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  Jeju Air to resume Busan-Singapore route next month

  SEOUL, May 9 (Yonhap) -- Jeju Air Co., South Korea's biggest carrier, said Monday it will resume the Busan-Singapore route next month as eased virus restrictions unleash pent-up demand. Jeju Air will offer two flights a week on the Singapore rout
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  Asiana to expand flights to Europe amid eased virus curbs

  SEOUL, May 9 (Yonhap) -- Asiana Airlines Inc., South Korea's second-biggest carrier, said Monday it will expand flights on its European routes later this month as eased virus restrictions unleash pent-up demand.Asiana Airlines will increase fligh
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  Over half of 20-somethings don't plan to have children after marriage: poll

  SEOUL, May 9 (Yonhap) -- More than half of single 20-somethings in South Korea do not want to have babies after marriage due apparently to concerns over high child-rearing costs in the country, a poll showed Monday.According to a survey reported in a
• Top headlines in major S. Korean newspapers

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  SEOUL, May 9 (Yonhap) -- The following are the top in major South Korean newspapers on May 9.Korean-language dailies-- Row deepens as DP opposes five minister candidates; Yoon expected to push ahead with appointments (Kyunghyang Shinmun)-- Ex-Gyeong