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  (LEAD) Main stock market's turnover plunges amid U.S. monetary tightening

  (ATTN: UPDATES with more details in last 5 paras)SEOUL, May 8 (Yonhap) -- Turnover of South Korea's main stock market plunged to similar levels seen during the onset of the COVID-19 pandemic as investors fret over the U.S. monetary tightening, da
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  Main stock market's turnover plunges amid U.S. monetary tightening

  SEOUL, May 8 (Yonhap) -- Turnover of South Korea's main stock market plunged to similar levels seen during the onset of the COVID-19 pandemic as investors fret over the U.S. monetary tightening, data showed Sunday.The average daily turnover of th
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  New gov't expected to propose extra budget estimated at 34-36 tln won

  SEOUL, May 8 (Yonhap) -- The incoming government of President-elect Yoon Suk-yeol is expected to announce an extra budget proposal estimated at some 34-36 trillion won (US$26.8-28 billion) later this week in its efforts to support merchants hit hard
• Top headlines in major S. Korean newspapers

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  SEOUL, May 7 (Yonhap) -- The following are the top in major South Korean newspapers on May 7.Korean-language dailies-- Lee, Ahn pour gas on politics of confrontation (Kyunghyang Shinmun)-- Lee Jae-myung, Ahn Cheol-soo to run in by-elections (Kookmin
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  (LEAD) BOK likely to make back-to-back rate hike in May: brokerage

  (ATTN: UPDATES with details in last 2 paras) SEOUL, May 6 (Yonhap) -- South Korea's central bank is likely to deliver a back-to-back key interest rate rise in May as part of its efforts to rein in inflation, a major local brokerage house said Fri
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  BOK likely to make back-to-back rate hike in May: brokerage

  SEOUL, May 6 (Yonhap) -- South Korea's central bank is likely to deliver a back-to-back key interest rate rise in May as part of its efforts to rein in inflation, a major local brokerage house said Friday.The Bank of Korea (BOK) raised its policy
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  S. Korea extends mandate of dog meat task force

  SEOUL, May 6 (Yonhap) -- South Korea's government-civilian consultative body on dog meat consumption decided Friday to extend its operations for two more months for further discussions on the sensitive issue in the country.The 21-member task forc
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  S. Korea vows 'preemptive' steps against market volatility after Fed's rate hike

  SEOUL, May 6 (Yonhap) -- South Korea's finance ministry vowed Friday to seek preemptive measures, if needed, to tackle market volatility "in an aggressive and swift manner" following the U.S. central bank's half-point rate hike.On
• Top headlines in major S. Korean newspapers

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  SEOUL, May 5 (Yonhap) -- The following are the top in major South Korean newspapers on May 5.Korean-language dailies-- Children say, 'Mr. President, please get rid of our studying hell' (Kyunghyang Shinmun)-- N.K. launches ballistic missile
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  S. Korea mulling expanding support to Ukraine: trade chief

  SEOUL, May 4 (Yonhap) -- South Korea is considering boosting assistance to Ukraine, Seoul's top trade official said Wednesday, as Western countries provided weapons and other support to help Ukraine defend against the Russian invasion.South Korea
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  Creditors of Edison EV file for company's bankruptcy amid failed SsangYong acquisition

  SEOUL, May 4 (Yonhap) -- Edison EV, an affiliate South Korean electric vehicle maker Edison Motors Co., said Wednesday its creditors have filed for the company's bankruptcy with a local court, amid the parent company's recent failure in compl
• Dongwon Industries Q1 net profit up 19.1 pct. to 53.4 bln won

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  SEOUL, May 4 (Yonhap) -- Dongwon Industries Co. on Wednesday reported its first-quarter net profit of 53.4 billion won (US$42.2 million), up 19.1 percent from a year earlier.The company said in a regulatory filing that it posted 85.3 billion won in o
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  (LEAD) Korean Air swings to Q1 net profit on cargo deals

  (ATTN: RECASTS throughout; ADDS photo) SEOUL, May 4 (Yonhap) -- Korean Air Lines Co., South Korea's national flag carrier, said Wednesday it shifted to a net profit in the first quarter from a year earlier on increased cargo deals. Korean Air swu
• Korean Air swings to Q1 net profit on cargo deals

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  SEOUL, May 4 (Yonhap) -- Korean Air Lines Co., South Korea's national flag carrier, said Wednesday it shifted to a net profit in the first quarter from a year earlier on increased cargo deals. Korean Air swung to a net profit of 543.85 billion wo
• Zinus Q1 net income down 2.2 pct to 18.7 bln won

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  SEOUL, May 4 (Yonhap) -- Zinus Inc. on Wednesday reported its first-quarter net profit of 18.7 billion won (US$14.7 million), down 2.2 percent from a year earlier.The company said in a regulatory filing that it posted 28.3 billion won in operating pr
• Korea Investment Holdings Q1 net profit down 23.4 pct to 307.6 bln won

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  SEOUL, May 4 (Yonhap) -- Korea Investment Holdings Co. on Wednesday reported its first-quarter net income of 307.6 billion won (US$242.9 million), down 23.4 percent from a year earlier.The company said in a regulatory filing that it posted 338.1 bill
• GS Retail Q1 net down 84.9 pct to 5.2 bln won

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  SEOUL, May 4 (Yonhap) -- GS Retail Co. on Wednesday reported its first-quarter net income of 5.2 billion won (US$4.1 million), down 84.9 percent from a year earlier.The company said in a regulatory filing that operating profit for the January-March p
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  Korean Air extends suspension of Russian routes over safety concerns

  By Choi Kyong-aeSEOUL, May 4 (Yonhap) -- South Korean national flag carrier Korean Air Lines Co. said Wednesday it will extend the suspension of its Russian routes until any new positive development happens in the Russia-Ukraine war. In March, Korean
• Kumho Petro Chemical Q1 net income down 21.5 pct to 373.3 bln won

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  SEOUL, May 4 (Yonhap) -- Kumho Petro Chemical Co. on Wednesday reported its first-quarter net profit of 373.3 billion won (US$295.2 million), down 21.5 percent from a year earlier.Operating income for the January-March period was 449.1 billion won, d
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  HDC to demolish partly collapsed Gwangju apartment complex to build anew

  SEOUL, May 4 (Yonhap) -- HDC Hyundai Development Co. said Wednesday it will demolish an apartment complex in South Korea's southwestern area to build it all over again to ally safety concerns.HDC Chairman Chung Mong-gyu said the real estate devel