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  S. Korea to diversify coal import channels, boost cement production amid supply woes

  SEOUL, April 28 (Yonhap) -- South Korea will diversify its import channels of soft coal and increase the production of cement to ease concerns over a supply shortage of the key construction material amid the ongoing crisis surrounding Ukraine, the to
• Korea Shipbuilding & Offshore Engineering shifts to loss in Q1

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  SEOUL, April 28 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. on Thursday reported its first-quarter net loss of 293.2 billion won (US$230.5 million), shifting from a profit of 63.6 billion won a year earlier.The company said in a regulat
• Hyundai Mipo Dockyard turns to red in Q1

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  SEOUL, April 28 (Yonhap) -- Hyundai Mipo Dockyard Co. on Thursday reported its first-quarter net loss of 39.5 billion won (US$31.1 million), turning from a profit of 29.9 billion won a year earlier.The company said in a regulatory filing that it post
• (LEAD) Trade terms in March worst in over 9 years amid soaring import prices

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  (ATTN: RECASTS headline, first 3 paras)SEOUL, April 28 (Yonhap) -- South Korea's terms of trade worsened to the lowest level in more than nine years in March as import prices rose at a fast pace due mainly to rising costs of buying oil and commod
• Hyundai Heavy Industries turns to red in Q1

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  SEOUL, April 28 (Yonhap) -- Hyundai Heavy Industries Co. on Thursday reported its first-quarter net loss of 175.9 billion won (US$138.4 million), shifting from a profit of 6 billion won a year earlier.The company said in a regulatory filing that it p
• HD Hyundai Q1 net profit up 29.1 pct to 380.2 bln won

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  SEOUL, April 28 (Yonhap) -- HD Hyundai Co. on Thursday reported its first-quarter net income of 380.2 billion won (US$299.2 million), up 29.1 percent from a year earlier.Operating income for the January-March period was 805 billion won, up 50.7 perce
• LX International Q1 net profit up 128.1 pct to 223.1 bln won

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  SEOUL, April 28 (Yonhap) -- LX International Corp. on Thursday reported its first-quarter net income of 223.1 billion won (US$175.5 million), up 128.1 percent from a year earlier.Operating income for the January-March period was 245.7 billion won, up
• Hanwha Solutions Q1 net income down 73.2 pct to 103.1 bln won

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  SEOUL, April 28 (Yonhap) -- Hanwha Solutions Corp. on Thursday reported its first-quarter net profit of 103.1 billion won (US$81.1 million), down 73.2 percent from a year earlier.Operating profit for the January-March period was 157.9 billion won, do
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  S. Korea seeks support from regional partners for its bid to join CPTPP

  SEOUL, April 28 (Yonhap) -- South Korea sought support from regional trading partners for the country's bid to join a mega free trade deal in the Asia-Pacific region, the industry ministry said Thursday.Earlier in the day, the country's trade
• Trade terms worsen for 12th month in March amid fast-rising import prices

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  SEOUL, April 28 (Yonhap) -- South Korea's terms of trade worsened for the 12th straight month in March as import prices rose at a fast pace due mainly to rising costs of buying oil and commodities, central bank data showed Thursday.The nation'
• Seoul shares up late Thurs. morning

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  SEOUL, April 28 (Yonhap) -- South Korean stocks traded 0.41 percent higher late Thursday morning, led by bullish construction and chemical shares. The Korea Composite Stock Price Index (KOSPI) climbed 10.90 points to 2,649.96 as of 11:20 a.m. Top bui
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  Retail sales up 7 pct in March amid worst COVID-19 wave

  SEOUL, April 28 (Yonhap) -- Retail sales in South Korea rose 7.1 percent in March from a year earlier on the back of growing demand for foodstuff, daily items and luxury goods amid the worst wave of the COVID-19 pandemic, the industry ministry said T
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  (LEAD) Auto exports fall in Q1 amid supply disruptions, Ukraine war

  (ATTN: UPDATES with more details throughout; RECASTS headline)SEOUL, April 28 (Yonhap) -- South Korea's exports of autos declined for the first time in seven quarters in the January-March period amid global supply chain disruptions and Russia'
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  S. Korea to divert gas supplies to Europe over Ukraine crisis

  SEOUL, April 28 (Yonhap) -- South Korea plans to send part of its liquefied natural gas (LNG) supplies to Europe to help ease an energy crisis over Russia's invasion of Ukraine, officials said Thursday. Concerns have grown over natural gas supply
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  S. Korea's auto exports edge down in Q1

  SEOUL, April 28 (Yonhap) -- South Korea's exports of autos inched down in the first quarter from a year earlier amid the continued shortage of auto chips and global supply chain disruptions, customs data showed Thursday.The country's outbound
• Korea Zinc Inc Q1 net profit down 30.3 pct to 147.9 bln won

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  SEOUL, April 28 (Yonhap) -- Korea Zinc Inc on Thursday reported its first-quarter net profit of 147.9 billion won (US$116.9 million), down 30.3 percent from a year earlier.Operating profit for the January-March period was 284.7 billion won, up 5.5 pe
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  (2nd LD) S. Korea to stabilize FX market amid won's sharp weakness: minister

  (ATTN: UPDATES with details about currency market in paras 5-6; CHANGES photo)SEOUL, April 28 (Yonhap) -- South Korea's top economic policymaker said Thursday the government plans to take measures to stabilize the foreign exchange market, if need
• Samsung SDS Q1 net income up 29 pct to 204.4 bln won

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  SEOUL, April 28 (Yonhap) -- Samsung SDS Co. on Thursday reported its first-quarter net profit of 204.4 billion won (US$161.5 million), up 29 percent from a year earlier.The company said in a regulatory filing that it posted 273.5 billion won in opera
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  (LEAD) Samsung SDI Q1 net more than doubles on strong battery sales

  (ATTN: ADDS more details throughout, photo; CHANGES headline)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
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  (LEAD) S. Korea to stabilize FX market amid won's sharp weakness: minister

  (ATTN: UPDATES with more details throughout; CHANGES headline)SEOUL, April 28 (Yonhap) -- South Korea's top economic policymaker said Thursday the government plans to take measures to stabilize the foreign exchange market, if needed, as the Korea