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  (LEAD) Finance minister nominee sees elevated inflation pressure for time being

  (ATTN: UPDATES with more details from para 8; CHANGES photo)SEOUL, May 2 (Yonhap) -- South Korea's finance minister nominee said Monday the country's consumer prices could top the March growth rate of 4.1 percent for the time being as inflati
• Green Cross Q1 net income up 2.9 pct to 18 bln won

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  SEOUL, May 2 (Yonhap) -- Green Cross Corp. on Monday reported its first-quarter net income of 18 billion won (US$14.2 million), up 2.9 percent from a year earlier.The company said in a regulatory filing that it posted 41.8 billion won in operating pr
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  S. Korean battery makers' Q1 market share dips amid advance by Chinese rivals: report

  SEOUL, May 2 (Yonhap) -- Major South Korean battery makers saw their market share dip 6.9 percent in the first quarter from a year earlier amid robust growth of Chinese rivals, a report showed Monday. The combined market share of LG Energy Solution L
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  S. Korea to boost monitoring of palm oil supplies over Indonesia's exports ban

  SEOUL, May 2 (Yonhap) -- South Korea vowed Monday to strengthen the monitoring of palm oil supplies following Indonesia's recent ban of its exports amid the continued crisis surrounding Ukraine.Indonesia, the world's biggest palm oil producer
• Lotte Chilsung Beverage Q1 net income up 127.3 pct to 37.2 bln won

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  SEOUL, May 2 (Yonhap) -- Lotte Chilsung Beverage Co. on Monday reported its first-quarter net income of 37.2 billion won (US$29.4 million), up 127.3 percent from a year earlier.The company said in a regulatory filing that it posted 59.7 billion won i
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  Online shopping hits second-highest in March

  SEOUL, May 2 (Yonhap) -- Online shopping in South Korea rose to the second-highest level in March on the back of solid demand for food delivery services and travel services amid the economic recovery, data showed Monday.The value of online shopping t
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  Finance minister nominee sees elevated inflation pressure for time being

  SEOUL, May 2 (Yonhap) -- South Korea's finance minister nominee said Monday the country's consumer prices could top the March growth rate of 4.1 percent for the time being as inflation is under upward pressure amid soaring energy costs.Rep. C
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  S. Korea's icebreaker returning home from over 6-month Antarctic mission

  SEOUL, May 2 (Yonhap) -- South Korea's icebreaker is on its way to the southeastern port of Busan after completing a 195-day international exploration mission in the Antarctic Ocean, the oceans ministry said Monday. The Araon, South Korea's f
• Internet-only Toss Bank begins services for expats

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  SEOUL, May 2 (Yonhap) -- Toss Bank, one of the three internet-only banks in South Korea, said Monday it launched the country's first banking services for foreign expats here to provide them more access to diversified services. Many expats have ha
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  (LEAD) Meritz Securities Q1 net jumps 33 pct on IBs, investment gains

  (ATTN: RECASTS headline, lead; ADDS more info throughout, image)SEOUL, May 2 (Yonhap) -- Major South Korean securities firm Meritz Securities Co. said Monday its first-quarter net profit rose 33.4 percent from a year ago on the back of good performan
• Meritz Securities Q1 net income up 33.4 pct to 282.4 bln won

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  SEOUL, May 2 (Yonhap) -- Meritz Securities Co. on Monday reported its first-quarter net income of 282.4 billion won (US$224.9 million), up 33.4 percent from a year earlier.The company said in a regulatory filing that it posted 377 billion won in oper
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  (LEAD) Orders for Hyundai's IONIQ 5 soar in Indonesia

  (ATTN: RECASTS throughout; CHANGES headline and lead)SEOUL, May 1 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker, said Sunday it received more than 1,500 orders for its all-electric IONIQ 5 in Indonesia, less than a week after rele
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  Hyundai Electric wins record-high orders in April

  SEOUL, May 1 (Yonhap) -- Hyundai Electric & Energy Systems Co., an affiliate of shipbuilding giant Hyundai Heavy Industries Group, said Sunday its monthly orders hit a record high in April amid its increased investments in renewable energy.Hyundai El
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  Hyundai sees surge in IONIQ 5 purchase orders in Indonesia

  SEOUL, May 1 (Yonhap) -- Hyundai Motor Co. said Sunday it has bagged purchase orders for more than 1,500 of the all-electric IONIQ 5 in Indonesia within about a week after its official release in the Southeast Asian country. The South Korean automake
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  Hyundai, Kia exports of eco-friendly cars top 100,000 units in Q1

  SEOUL, May 1 (Yonhap) -- South Korea's leading carmakers Hyundai Motor Co. and Kia Corp. saw their combined exports of eco-friendly cars top 100,000 units in the first three months of this year, thanks to the brisk sales of all-electric and plug-
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  (2nd LD) S. Korea's exports up 12.6 pct in April, trade deficit widens on high energy prices

  (ATTN: ADDS more details, comments in 5th para, last 12 paras)By Oh Seok-minSEOUL, May 1 (Yonhap) -- South Korea's exports rose 12.6 percent in April from a year earlier on the back of brisk demand for chips and petroleum products, but the trade
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  Budget carriers reopen, expand Guam routes amid eased COVID-19 entry curbs

  SEOUL, May 1 (Yonhap) -- Jeju Air Co., South Korea's biggest low-cost carrier, said Sunday it will offer more flights to Guam starting this month to meet the growing travel demand amid relaxed COVID-19 entry restrictions. Jeju Air will run four f
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  (LEAD) S. Korea's exports up 12.6 pct in April, trade deficit widens on high energy prices

  (ATTN: UPDATES throughout with details)By Oh Seok-minSEOUL, May 1 (Yonhap) -- South Korea's exports rose 12.6 percent in April from a year earlier on the back of brisk demand for chips and petroleum products, but the trade deficit widened on soar
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  S. Korea's exports up 12.6 pct in April, trade deficit widens on high energy prices

  SEOUL, May 1 (Yonhap) -- South Korea's exports rose 12.6 percent in April from a year earlier on the back of brisk demand for chips and petroleum products, but the trade deficit widened on soaring global energy prices, data showed Sunday.Outbound
• (URGENT) S. Korea's exports rise 12.6 pct on-year to US$57.69 bln in April

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