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  (2nd LD) BOK chief says it is too early to mention rate cut

  (ATTN: CLARIFIES para 2)SEOUL, June 19 (Yonhap) -- The chief of South Korea's central bank said Monday it is too early to talk about a rate cut as there are no clear signs that inflation in Asia's fourth-largest economy is approaching its tar
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  (LEAD) BOK chief says it is too early to mention rate cut

  (ATTN: RECASTS headline, lead, paras 2-3, last 5 paras)SEOUL, June 19 (Yonhap) -- The chief of South Korea's central bank said Monday it is too early to talk about a rate cut as there are no clear signs that inflation in Asia's fourth-largest
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  BOK expects inflation to pick up later this year

  SEOUL, June 19 (Yonhap) -- Inflation in South Korea will pick up steam later this year after an extended slowdown, in the face of upward pressure from higher global oil prices, a potential depreciation of the Korean won and higher core inflation, the
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  S. Korea launches new team on population policy amid low birthrate

  By Kang Yoon-seungSEOUL, June 19 (Yonhap) -- South Korea's presidential committee dedicated to addressing the aging society launched a policy planning team Monday, with the goal of strengthening inter-ministry ties on population policies amid the
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  Daesang acquires U.S. food company Lucky Foods to expand kimchi business

  SEOUL, June 19 (Yonhap) -- South Korea's leading kimchi maker Daesang Corp. said Monday it has acquired U.S. food company Lucky Foods as part of its efforts to expand its kimchi business in the United States.Daesang said it acquired all of the sh
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  Imports of Japanese seafood down over 30 pct in May amid Fukushima concerns

  SEOUL, June 19 (Yonhap) -- South Korean imports of Japanese seafood sank more than 30 percent last month, data showed Monday, amid concerns over Tokyo's planned release of contaminated water from its crippled nuclear power plant.South Korea impor
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  SEOUL, June 19 (Yonhap) -- The following are the top in major South Korean newspapers on June 19.Korean-language dailies-- Yoon warns education chief Lee over controversy about college entrance exam (Kyunghyang Shinmun)-- Yoon sternly warns educatio
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  (Yonhap interview) Korean Air needs to address monopoly concerns over merger with Asiana: minister

  By Choi Kyong-aeSEOUL, June 19 (Yonhap) -- Korean Air Co. needs to address global antitrust regulators' monopoly concerns over the South Korean national flag carrier's planned merger with its smaller domestic rival Asiana Airlines Inc., the t
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  POSCO to develop safety management robots

  SEOUL, June 18 (Yonhap) -- POSCO said Sunday it plans to collaborate with local developers to develop robots specifically designed for safety management.Under an agreement with Withrobot Co., South Korea's leading steelmaker will develop robots t
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  Regulator fines GM distributor 265 mln won for coercing sellers on marketing costs

  By Kang Yoon-seungSEOUL, June 18 (Yonhap) -- South Korea's antitrust regulator said Sunday it has decided to slap a fine of 265 million won (US$208,000) on General Motor's Asian distributor and correct its unfair business practice of forcing
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  7-Eleven to test robot delivery with startup

  SEOUL, June 18 (Yonhap) -- Korea Seven Co., the operator of the 7-Eleven convenience store chain, said Sunday it plans to carry out another test run for robot delivery services in collaboration with a startup.Under the plan, Korea Seven will offer de
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  Kia to launch all-electric EV9 SUV in S. Korea this week

  SEOUL, June 18 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker, said Sunday it will launch its all-electric EV9 flagship SUV in the domestic market this week as part of its electrification efforts. The three-row seater is Kia's s
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  Inflation expected to soon slow to 2 pct level: Choo

  By Kang Yoon-seungSEOUL, June 18 (Yonhap) -- South Korea's consumer prices are expected to grow at a 2 percent level around June or July, the finance minister said Sunday, amid signs of eased inflationary pressures."In general, consumer pri
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  Number of EV chargers in S. Korea hits 240,000: data

  SEOUL, June 18 (Yonhap) -- The number of chargers for electric vehicles in South Korea has surpassed 240,000, data showed Sunday, amid the growing popularity of eco-friendly cars in the country.Fast chargers accounted for 10.6 percent of the 240,695
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  S. Koreans' purchase of Japanese yen up nearly fivefold in May

  SEOUL, June 18 (Yonhap) -- South Koreans' combined purchase of the Japanese currency at local banks jumped nearly fivefold in May from a year earlier, data showed Sunday, as more people took advantage of a weaker yen. The amount of Japanese curre
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  (LEAD) U.S. keeps S. Korea on 'monitoring list' for foreign exchange policy

  (ATTN: ADDS details in 6th, 8th paras)By Kang Yoon-seungSEOUL, June 17 (Yonhap) -- South Korea has again been placed on a list of countries to be closely monitored by the United States in terms of their foreign exchange policies, along with six other
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  U.S. keeps S. Korea on 'monitoring list' for foreign exchange policy

  By Kang Yoon-seungSEOUL, June 17 (Yonhap) -- South Korea has again been placed on a list of countries to be closely monitored by the United States in terms of their foreign exchange policies, along with six other nations, the U.S. Department of Treas
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  Shinsegae to build new shopping mall in Incheon by 2027

  SEOUL, June 16 (Yonhap) -- South Korean retail giant Shinsegae Group will build a new all-in-one Starfield shopping complex, which includes a multi-purpose sports stadium, in Incheon, just west of Seoul, by 2027, officials said Friday.Shinsegae and t
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  Court begins debt-rescheduling process for troubled budget carrier Fly Gangwon

  SEOUL, June 16 (Yonhap) -- The Seoul Bankruptcy Court has begun its debt-rescheduling process for Fly Gangwon Co., the court said Friday, about three weeks after the financially troubled budget carrier applied for court receivership. On May 23, just
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  LS to form 1 tln-won JV for battery precursor plant in S. Korea

  SEOUL, June 16 (Yonhap) -- LS Corp., the holding company of electric power equipment enterprise LS Group, said Friday it is teaming up with a local battery materials producer to build a plant in South Korea for battery precursors. LS Corp. said it an