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  S. Korea joins global move to suspend transactions with Russia's central bank

  SEOUL, March 7 (Yonhap) -- South Korea said Monday it plans to suspend transactions with Russia's central bank, joining the global move to impose additional sanctions against Moscow over its invasion of Ukraine.The government said it will announc
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  S. Korea faces heightened economic uncertainty amid Ukraine crisis: KDI

  SEOUL, March 7 (Yonhap) -- The South Korean economy is on a recovery track, but external economic uncertainty has markedly increased as the Russian invasion of Ukraine has jacked up prices of oil and raw materials, a state-run think tank said Monday.
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  Women workers take up some 25 pct of major firms' workforce

  SEOUL, March 7 (Yonhap) -- Female workers account for nearly a quarter of all employees with major South Korean companies, with their pay amounting to nearly 70 percent of that for male counterparts, data showed Monday.The country's 150 key compa
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  SeAH Besteel exports spent nuclear fuel casks to U.S. firm

  SEOUL, March 7 (Yonhap) -- South Korean steelmaker SeAH Besteel Corp. said Monday it will deliver three dry casks used to store spent nuclear fuel to a U.S. nuclear logistics company. The delivery comes some six months after SeAH Besteel signed a dea
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  Seoul to implement export ban against Belarus amid Ukraine crisis

  SEOUL, March 6 (Yonhap) -- South Korea will ban exports of strategic items to Belarus starting this week as the former Soviet republic has been supporting Russia's invasion of Ukraine, the finance ministry said Sunday. The move came after South K
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  Hyundai Engineering wins used plastic processing plant deal in U.S.

  SEOUL, March 6 (Yonhap) -- Hyundai Engineering Co. said Sunday it has received a front-end engineering and design (FEED) deal to build a plastic waste processing plant in the United States.Hyundai Engineering obtained the FEED deal from Encina Develo
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  Hyundai Steel worker killed in factory accident

  SEOUL, March 5 (Yonhap) -- A worker died at a plant of South Korea's major steelmaker Hyundai Steel Co. on Saturday after being run over by a steel structure, the labor ministry said.The 24-year-old worker, affiliated with a service provider for
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  Samsung Electronics allegedly hacked by foreign entity, confidential data leaked

  SEOUL, March 5 (Yonhap) -- Samsung Electronics Co. has allegedly been hacked by a foreign hacking group, which breached its confidential source code and other classified data, industry sources and media reports said Saturday.Data extortion entity Lap
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  S. Korea to release 4.42 barrels of oil reserves due to Ukraine crisis

  SEOUL, March 5 (Yonhap) -- South Korea has decided to release 4.42 million barrels of strategic crude reserves to help bring down soaring energy prices and prevent a possible supply shortage amid tensions surrounding Ukraine, the industry ministry sa
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  Samsung to donate US$6 mln to help Ukrainian refugees

  SEOUL, March 5 (Yonhap) -- Samsung Electronics, the world's largest smartphone maker, said Saturday it will donate US$6 million to support humanitarian efforts for Ukrainian refugees."We're pushing to send humanitarian relief materials
• Sacheon Aerospace Manufacturing Ind. to raise 2.8 bln won via stock sale

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  SEOUL, March 4 (Yonhap) -- Sacheon Aerospace Manufacturing Ind. Co.on Friday announced that it will sell stocks to raise 2.8 billion won (US$2.3 million). The proceeds from the stock offering will be used primarily to finance its operations.According
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  (4th LD) S. Korea wins exemption from U.S' Foreign Direct Product Rule regarding exports to Russia

  (ATTN: ADDS Seoul's follow-up measures in paras 9-13, additional photo)By Oh Seok-min and Byun Duk-kunSEOUL/WASHINGTON, March 4 (Yonhap) -- South Korea won an exemption from the United States' expanded export restrictions on Russia over its i
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  (3rd LD) S. Korea wins exemption from U.S' Foreign Direct Product Rule regarding exports to Russia

  (ATTN: ADDS S. Korean foreign ministry's response in paras 9-10)By Oh Seok-min and Byun Duk-kunSEOUL/WASHINGTON, March 4 (Yonhap) -- South Korea won an exemption from the United States' expanded export restrictions on Russia over its invasion
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  S. Korea, Australia vow to boost ties in digital trade

  SEOUL, March 4 (Yonhap) -- South Korea and Australia agreed Friday to enhance cooperation on e-commerce and other digital trade issues during a senior-level dialogue, Seoul's industry ministry said.Kim Wan-ki, chief of South Korea's trade pol
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  (2nd LD) S. Korea wins exemption from U.S' Foreign Direct Product Rule regarding exports to Russia

  (ATTN: ADDS more details in paras 9-13, additional photo)By Oh Seok-min and Byun Duk-kunSEOUL/WASHINGTON, March 4 (Yonhap) -- South Korea won an exemption from the United States' expanded export restrictions on Russia over its invasion of Ukraine
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  (2nd LD) S. Korea to extend fuel tax cuts by 3 months amid soaring energy prices

  (ATTN: RECASTS headline; ADDS more info in paras 5-7, photo)SEOUL, March 4 (Yonhap) -- South Korea will extend fuel tax cuts by three months as the country is striving to ease the burden on consumers and a build-up of inflationary pressure, the count
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  (2nd LD) Inflation growth hits over 3 pct for 5th month in Feb. amid soaring oil prices

  (ATTN: UPDATES with more details throughout)By Kim Soo-yeonSEOUL, March 4 (Yonhap) -- South Korea's consumer prices grew more than 3 percent for the fifth straight month in February as energy costs spiked amid the Ukraine crisis, data showed Frid
• Imported car sales fall 13 pct in Feb. amid chip shortages

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  SEOUL, March 4 (Yonhap) -- Sales of imported vehicles in South Korea fell 13 percent in February from a year earlier as chip shortages continued to disrupt vehicle production, an industry association said Friday.The number of newly registered foreign
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  (LEAD) S. Korea wins exemption from U.S' Foreign Direct Product Rule regarding exports to Russia

  (ATTN: UPDATES with remarks from Trade Minister Yeo; CHANGES dateline)By Oh Seok-min and Byun Duk-kunSEOUL/WASHINGTON, March 4 (Yonhap) -- South Korea won an exemption from the United States' expanded export restrictions on Russia over its invasi
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  (LEAD) S. Korea to extend fuel tax cuts by 3 months until end-July: finance minister

  (ATTN: ADDS more info in last 2 paras)SEOUL, March 4 (Yonhap) -- South Korea will extend fuel tax cuts by three months as the country is striving to ease the burden on consumers and a build-up of inflationary pressure, the country's top economic