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• Hanwha Life Insurance Q1 net income down 70.6 pct. to 98.8 bln won

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  SEOUL, April 29 (Yonhap) -- Hanwha Life Insurance Co. on Friday reported its first-quarter net profit of 98.8 billion won (US$77.8 million), down 70.6 percent from a year earlier.The company said in a regulatory filing that it posted 130.7 billion wo
• SK Innovation turns to profits in Q1

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  SEOUL, April 29 (Yonhap) -- SK Innovation Co. on Friday reported its first-quarter net profit of 863.3 billion won (US$680.3 million), shifting from a loss of 371.4 billion won a year earlier.The company said in a regulatory filing that operating inc
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  (LEAD) Consumption, investment both fall in March amid recovery concerns

  (ATTN: UPDATES with more details throughout; CHANGES headline; ADDS photo)By Kim Soo-yeonSEOUL, April 29 (Yonhap) -- South Korea's industrial output rebounded in March after two straight months of decline, but consumption and facility investment
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  Home transactions sink 47.6 pct in March on lending curbs

  SEOUL, April 29 (Yonhap) -- Home transactions in South Korea plunged 47.6 percent on-year in March on the government's tough lending curbs and rising interest rates, data showed Friday.The number of homes changing hands nationwide stood at 43,179
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  Industrial output rebounds, retail sales fall in March amid omicron wave

  By Kim Soo-yeonSEOUL, April 29 (Yonhap) -- South Korea's industrial output rebounded in March after two straight months of decline, but retail sales fell on-month amid the fast spread of the omicron variant, data showed Friday.Industrial producti
• (URGENT) Industrial output rises 1.5 pct on-month in March

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  (LEAD) Gov't orders Hyundai, Kia to delay used car business by one year

  (ATTN: UPDATES with details in paras 6-22)SEOUL, April 28 (Yonhap) -- The South Korean government on Thursday ordered Hyundai Motor Co. and its smaller affiliate Kia Corp. to delay their plans to enter the used car market by one year to minimize the
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  Gov't orders Hyundai, Kia to delay used car business by one year

  SEOUL, April 28 (Yonhap) -- The South Korean government on Thursday ordered Hyundai Motor Co. and its smaller affiliate Kia Corp. to delay their plans to enter the used car market by one year to minimize the impact of their advance on existing player
• Hyundai Motor denies report it continues assembling cars in Russia

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  SEOUL, April 28 (Yonhap) -- South Korean top carmaker Hyundai Motor Co. on Thursday denied a news report that Hyundai and its sister company Kia Corp. are still assembling cars in Russia.Russia's state-run news agency TASS reported earlier in the
• Hyundai Development Q1 net income down 48.1 pct to 47.5 bln won

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  SEOUL, April 28 (Yonhap) -- Hyundai Development Co. on Thursday reported its first-quarter net profit of 47.5 billion won (US$37.3 million), down 48.1 percent from a year earlier.The company said in a regulatory filing that operating profit for the J
• Hyosung Advanced Materials Q1 net profit up 30.6 pct to 70.8 bln won

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  SEOUL, April 28 (Yonhap) -- Hyosung Advanced Materials Corp. on Thursday reported its first-quarter net profit of 70.8 billion won (US$55.6 million), up 30.6 percent from a year earlier.The company said in a regulatory filing that operating income fo
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  S. Korea to sell 14.5 tln won worth of gov't bonds in May

  SEOUL, April 28 (Yonhap) -- South Korea plans to sell 14.5 trillion won (US$11.4 billion) in government bonds next month, the finance ministry said Thursday.The ministry will issue 1.1 trillion won in Treasurys with a two-year maturity, 2.5 trillion
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  (2nd LD) LX International Q1 net soars on higher commodity prices, shipping rates

  (ATTN: ADDS closing share price at bottom)SEOUL, April 28 (Yonhap) -- LX International Corp., the trading arm of South Korea's LX Group, said Thursday its first-quarter net more than doubled from a year earlier, boosted by a rise in commodity pri
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  (2nd LD) Samsung SDI Q1 net more than doubles on strong battery sales

  (ATTN: ADDS closing share price at bottom)SEOUL, April 28 (Yonhap) -- Samsung SDI Co. said Thursday its first-quarter net profit more than doubled from a year earlier on the back of strong sales in mid-to-large battery and premium electric vehicle ba
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  (3rd LD) S. Korea to stabilize FX market amid won's sharp fall: finance minister

  (ATTN: UPDATES with market close, more details throughout; REWRITES headline)By Kim Soo-yeonSEOUL, April 28 (Yonhap) -- Finance Minister Hong Nam-ki said Thursday the government plans to take measures to stabilize the foreign exchange market, if need
• Cheil Worldwide Inc Q1 net profit up 37.3 pct to 45.2 bln won

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  SEOUL, April 28 (Yonhap) -- Cheil Worldwide Inc on Thursday reported its first-quarter net profit of 45.2 billion won (US$35.5 million), up 37.3 percent from a year earlier.The company said in a regulatory filing that it posted 58.5 billion won in op
• Hanwha Systems Q1 net profit down 55.5 pct to 10.6 bln won

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  SEOUL, April 28 (Yonhap) -- Hanwha Systems Co. on Thursday reported its first-quarter net profit of 10.6 billion won (US$8.3 million), down 55.5 percent from a year earlier.The company said in a regulatory filing that operating income for the January
• Poongsan Q1 net income down 4.4 pct to 43.5 bln won

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  SEOUL, April 28 (Yonhap) -- Poongsan Corp. on Thursday reported its first-quarter net income of 43.5 billion won (US$34.1 million), down 4.4 percent from a year earlier.Operating income for the January-March period was 69.3 billion won, up 10.9 perce
• Oci Q1 net income up 237.4 pct to 134.2 bln won

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  SEOUL, April 28 (Yonhap) -- Oci Co. on Thursday reported its first-quarter net income of 134.2 billion won (US$105.3 million), up 237.4 percent from a year earlier.The company said in a regulatory filing that operating profit for the January-March pe
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  (LEAD) LX International Q1 net soars on higher commodity prices, shipping rates

  SEOUL, April 28 (Yonhap) --LX International Corp., the trading arm of South Korea's LX Group, said Thursday its first-quarter net more than doubled from a year earlier, boosted by a rise in commodity prices and shipping costs. Net income came to