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• S-Oil Q1 net up 152.6 pct to 870.8 bln won

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  SEOUL, April 27 (Yonhap) -- S-Oil Corp. on Wednesday reported its first-quarter net income of 870.8 billion won (US$689.7 million), up 152.6 percent from a year earlier.Operating income for the January-March period was 1.33 trillion won, up 111.7 per
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  S. Korea's childbirths hit another record low in Feb.

  SEOUL, April 27 (Yonhap) -- The number of babies born in South Korea fell to another record low in February, data showed Wednesday, illustrating the country's gloomy demographic situation and chronically low birthrate.A total of 20,654 babies wer
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  Population mobility dips to 47-year low in March

  SEOUL, April 27 (Yonhap) -- The number of South Koreans who moved to different residences in the country plunged to the lowest level in 47 years in March amid rapid aging and fewer housing transactions, data showed Wednesday.The number of people who
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  8 more firms subject to tougher filing rules: regulator

  SEOUL, April 27 (Yonhap) -- South Korea's antitrust regulator said Wednesday it has placed eight more firms, including the No. 1 cryptocurrency exchange operator, on a list of companies that are required to disclose detailed information on their
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  Scandal-hit dental implant maker Osstem Implant to resume trading this week

  By Chung Joo-wonSEOUL, April 27 (Yonhap) -- Dental implant maker Osstem Implant Co. will resume trading this week, as the company was deemed capable of maintaining its business in the face of a large-scale embezzlement scandal, the country's bour
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  (2nd LD) LG Energy Solution Q1 net nearly halves amid supply chain snags

  (ATTN: ADDS more details from earnings call in paras 8-10) SEOUL, April 27 (Yonhap) -- LG Energy Solution Ltd. said Wednesday its first-quarter net income nearly halved from a year earlier amid the prolonged global chip supply disruptions. Net income
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  5 carmakers to recall over 47,000 vehicles over software errors, parts defects

  SEOUL, April 27 (Yonhap) -- Mercedes-Benz and four other carmakers will voluntarily recall a combined total of 47,173 vehicles over safety concerns due to software errors and parts defects, Seoul's transport ministry said Wednesday.Mercedes-Benz
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  Hyundai Mobis hires 2 Japanese experts to boost expansion in Japan

  SEOUL, April 27 (Yonhap) -- Hyundai Mobis Co., South Korea's biggest auto parts maker, said Wednesday it has hired two Japanese experts to increase sales in the neighboring market. Hyundai Mobis has recruited Yukihiro Hattori, a former director o
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  Hite Jinro's soju exports exceed US$100 mln last year

  SEOUL, April 27 (Yonhap) -- Hite Jinro Co., South Korea's leading beverage company, said Wednesday exports of the traditional Korean liquor soju exceeded US$100 million last year despite the COVID-19 pandemic. The country's soju exports jumpe
• Lig Nex1 Q1 net profit up 109.8 pct to 41.7 bln won

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  SEOUL, April 27 (Yonhap) -- Lig Nex1 Co. on Wednesday reported its first-quarter net profit of 41.7 billion won (US$33.1 million), up 109.8 percent from a year earlier.The company said in a regulatory filing that it posted 50.5 billion won in operati
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  (LEAD) Consumers' expected inflation hits 9-year high

  (ATTN: RECASTS headline, throughout with info on expected inflation) SEOUL, April 27 (Yonhap) -- Consumers' expected inflation hit the highest level in nine years as oil and commodity prices are rising at a fast pace, central bank data showed Wed
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  (LEAD) LG Energy Solution Q1 net nearly halves amid supply chain snags

  (ATTN: ADDS more details throughout, photo) SEOUL, April 27 (Yonhap) -- LG Energy Solution Ltd. said Wednesday its first-quarter net income nearly halved from a year earlier amid the prolonged global chip supply disruptions. Net income came to 226.6
• Hyundai-Rotem Q1 net income up 151.7 pct. to 13.1 bln won

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  SEOUL, April 27 (Yonhap) -- Hyundai-Rotem Co. on Wednesday reported its first-quarter net profit of 13.1 billion won (US$10.3 million), up 151.7 percent from a year earlier.The company said in a regulatory filing that it posted 23.6 billion won in op
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  Kia unveils 1st purpose-built vehicle model

  SEOUL, April 27 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker, on Wednesday unveiled its first purpose-built vehicle model Niro Plus as it strives to become a future mobility solutions provider. In the 2022 CEO Investor Day last mo
• LG Energy Solutions Q1 net nearly halves amid supply chain snags

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  SEOUL, April 27 (Yonhap) -- LG Energy Solution Ltd. said Wednesday its first-quarter net income nearly halved from a year earlier amid the prolonged global chip supply disruptions. Net income came to 226.6 billion won (US$179.5 million) in the Januar
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  Major firms' R&D spending gains 8.2 pct in 2021

  SEOUL, April 27 (Yonhap) -- Major South Korean firms' spending on research and development (R&D) expanded more than 8 percent in 2021 though their sales weakened amid the coronavirus pandemic, a market tracker said Wednesday.Combined R&D expendit
• SK hynix Q1 net profit up 99.8 pct to 1.98 tln won

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  SEOUL, April 27 (Yonhap) -- SK hynix Inc. on Wednesday reported its first-quarter net income of 1.98 trillion won (US$1.6 billion), up 99.8 percent from a year earlier.The company said in a regulatory filing that operating income for the January-Marc
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  Busan partners with UN-Habitat, Oceanix for floating city project

  SEOUL, April 27 (Yonhap) -- South Korea's largest port city of Busan said Wednesday it has partnered with the U.N. agency focusing on sustainable urbanization and the U.S. tech company Oceanix to build the world's first prototype floating cit
• Top headlines in major S. Korean newspapers

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  SEOUL, April 27 (Yonhap) -- The following are the top in major South Korean newspapers on April 27.Korean-language dailies-- Education minister nominee engulfed in alleged wrongdoings, preferential treatment (Kyunghyang Shinmun)-- Bill depriving pro
• Consumer sentiment up in April amid lifting of most pandemic restrictions

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  SEOUL, April 27 (Yonhap) -- South Korea's consumer sentiment improved for the third straight month in April as the country lifted most social distancing rules as part of efforts to return to normal from the pandemic, central bank data showed Wedn