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KTB Investment & Securities to raise 48 bln won via stock offering

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SEOUL, March 17 (Yonhap) -- KTB Investment & Securities Co. on Thursday announced that it will sell stocks to raise 48 billion won(US$39.5 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulat
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(LEAD) S. Korea to stabilize FX market if won's fall is excessive: finance minister

(ATTN: UPDATES with more details in paras 4-7; CHANGES photo)SEOUL, March 17 (Yonhap) -- Finance Minister Hong Nam-ki said Thursday the government will step up its efforts to stabilize the foreign exchange market if the South Korean currency's sl
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Moody's lowers 2022 growth outlook for S. Korean economy to 2.7 pct

SEOUL, March 17 (Yonhap) -- Global credit appraiser Moody's Investors Service on Thursday cut its 2022 growth outlook for the South Korean economy to 2.7 percent, citing the economic fallout of the Ukraine crisis.The revised outlook marked a 0.3
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(2nd LD) S. Korean battery makers tout latest technologies, future visions at Seoul exhibition

(ATTN: ADDS more details in paras 7 and 14; RESTRUCTURES paras 7-10 for clarification; CHANGES photos) By Kim Seung-yeon SEOUL, March 17 (Yonhap) -- Major South Korean battery makers are showcasing their latest technologies and visions for future gro
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S. Korea to launch antidumping probe into copper pipes from China, Vietnam

SEOUL, March 17 (Yonhap) -- South Korea's trade commission said Thursday it plans to launch an antidumping investigation into seamless copper pipes from China and Vietnam.The Korea Trade Commission under the industry ministry said it has decided
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T'way Air targets 3 tln won in sales by 2027 on expanded fleet

SEOUL, March 17 (Yonhap) -- T'way Air, a South Korean low-cost carrier, said Thursday it targets to achieve 3 trillion won (US$2.5 billion) in sales by 2027, as it aims to expand its fleet and serve long-haul routes.T'way Air added an A330-30
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(LEAD) S. Korean battery makers tout latest technologies, future visions at Seoul exhibition

(ATTN: ADDS more info in last 3 paras; RECASTS headline, lead as event began) By Kim Seung-yeon SEOUL, March 17 (Yonhap) -- Major South Korean battery makers are showcasing their latest technologies and visions for future growth during an internation
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Number of stock investors jumps over 50 pct in 2021 on market boom

SEOUL, March 17 (Yonhap) -- The number of stock investors in South Korea spiked more than 50 percent on-year in 2021 to breach the 10 million mark amid a retail investment boom, industry data showed Thursday.A total of 13.84 million investors held sh
Money supply grows in January over increased savings

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SEOUL, March 17 (Yonhap) -- South Korea's money supply grew 0.9 percent on-month in January thanks to an increase in savings bolstered by rising interest rates, central bank data showed Thursday.The country's M2, a key gauge of the money supp
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Number of marriages in S. Korea hits all-time low in 2021

SEJONG, March 17 (Yonhap) -- The number of South Koreans getting married tumbled to a new all-time low in 2021 amid the coronavirus pandemic and young people's changing attitude toward marriage, government data showed Thursday. The number of coup
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S. Korea to cut import tariffs on key materials for chipmaking to zero

SEOUL, March 17 (Yonhap) -- South Korea said Thursday it plans to cut import tariffs on neon, xenon and krypton -- key material gases used for chipmaking -- to zero next month in a bid to ease a potential supply crunch amid the Ukraine crisis.The gov
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(LEAD) S. Korea's tax revenue up 10.8 tln won in Jan.

(ATTN: UPDATES with more details in paras 3-4)SEOUL, March 17 (Yonhap) -- South Korea's tax revenue increased 10.8 trillion won (US$8.8 billion) in January from a year earlier amid the economic recovery and the collection of deferred taxes over t
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Jin Air resumes Busan-Guam route amid vaccinations

SEOUL, March 17 (Yonhap) -- Jin Air Co., the budget carrier unit of Korean Air Lines Co., said Thursday it has resumed flights to Guam to preemptively respond to pent-up travel demand despite the extended COVID-19 pandemic. On Wednesday, Jin Air bega
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(LEAD) Fed's rate hike to have limited impact on financial market: official

(ATTN: ADDS central bank official's comments, market updates)SEOUL, March 17 (Yonhap) -- The U.S. central bank's decision to deliver its first rate hike since 2018 is expected to have a limited impact on South Korea's financial market as
Blitzway to raise 20 bln won via stock offering

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SEOUL, March 17 (Yonhap) -- Blitzway Co. on Thursday announced that it will sell stocks to raise 20 billion won(US$16.3 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the com
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S. Korea's tax revenue up 10.8 tln won in Jan.

SEOUL, March 17 (Yonhap) -- South Korea's tax revenue increased 10.8 trillion won (US$8.8 billion) in January from a year earlier amid the economic recovery and the collection of deferred taxes over the pandemic, the finance ministry said Thursda
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Fed's rate hike to have limited impact on financial market: official

SEOUL, March 17 (Yonhap) -- The U.S. central bank's decision to deliver its first rate hike since 2018 is expected to have a limited impact on South Korea's financial market as the move is in line with market expectations, a senior government
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S. Korean battery makers to present latest technologies, future visions at Seoul exhibition

By Kim Seung-yeon SEOUL, March 17 (Yonhap) -- Major South Korean battery makers were to showcase their latest technologies and visions for future growth during an international battery exhibition in Seoul this week, the companies said Thursday. SK On
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S. Korea to stabilize FX market if won's fall is excessive: finance minister

SEOUL, March 17 (Yonhap) -- Finance Minister Hong Nam-ki said Thursday the government will step up its efforts to stabilize the foreign exchange market if the South Korean currency's slide against the U.S. dollar is deemed excessive.Hong's ve
Medipost to raise 70 bln won via stock sale

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SEOUL, March 17 (Yonhap) -- Medipost Co. on Thursday announced that it will sell stocks to raise 70 billion won. The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regulatory filing, the company wi