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  SsangYong's Jan. sales fall 13 pct amid chip shortage

  SEOUL, Feb. 4 (Yonhap) -- SsangYong Motor Co. said Friday its sales fell 13 percent last month from a year earlier as a prolonged chip shortage continued to affect its vehicle production.SsangYong Motor sold 7,540 vehicles in January, down from 8,648
• Hankook Tire & Technology 2021 net profit up 55.9 pct. to 600.5 bln won

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  SEOUL, Feb. 4 (Yonhap) -- Hankook Tire & Technology Co. on Friday reported its 2021 net profit of 600.5 billion won (US$501.5 million), up 55.9 percent from a year earlier.Operating profit for the year was 641.8 billion won, up 2.2 percent on-year, t
• Hankook Tire & Technology Q4 net profit down 47.6 pct. to 78.6 bln won

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  SEOUL, Feb. 4 (Yonhap) -- Hankook Tire & Technology Co. on Friday reported its fourth-quarter net income of 78.6 billion won (US$65.6 million), down 47.6 percent from a year earlier.Operating income for the October-December period was 88 billion won,
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  S. Korea to sell 4 tln won of Treasury bills in February

  SEOUL, Feb. 4 (Yonhap) -- South Korea plans to sell 4 trillion won (US$3.33 billion) worth of Treasury bills this month to support its fiscal policy, the finance ministry said Friday.The bills, which have a maturity of 63 days, will be sold in three
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  Renault Samsung's Jan. sales more than double on SUVs

  SEOUL, Feb. 4 (Yonhap) -- Renault Samsung Motors Corp., the South Korean unit of Renault S.A., said Friday its vehicle sales more than doubled last month from a year earlier on robust sales of SUV models. Renault Samsung sold 13,314 vehicles in Janua
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  Kia's Jan. sales fall 5.7 pct on chip shortage

  SEOUL, Feb. 4 (Yonhap) -- Kia Corp., South Korea's second-largest automaker, said Friday its sales fell 5.7 percent last month from a year earlier as the global chip shortage continued to affect its production. Kia sold 212,819 vehicles in Januar
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  (3rd LD) Inflation growth hits over 3 pct for fourth straight month in January

  (ATTN: ADDS finance minister's comments in paras 18-20)By Oh Seok-minSEOUL, Feb. 4 (Yonhap) -- South Korea's consumer prices rose more than 3 percent for the fourth consecutive month in January due mainly to high prices of oil products and di
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  (2nd LD) Inflation growth hits over 3 pct for fourth straight month in January

  (ATTN: ADDS more figures, forecast for February in paras 13-14, 17)By Oh Seok-minSEOUL, Feb. 4 (Yonhap) -- South Korea's consumer prices rose more than 3 percent for the fourth consecutive month in January due mainly to high prices of oil product
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  (LEAD) Inflation growth hits over 3 pct for fourth straight month in January

  (ATTN: ADDS more details throughout, additional photo)By Oh Seok-minSEOUL, Feb. 4 (Yonhap) -- South Korea's consumer prices rose more than 3 percent for the fourth consecutive month in January due mainly to high prices of oil products and dining
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  Card spending gains 10.3 pct in 2021 amid pandemic

  SEOUL, Feb. 4 (Yonhap) -- Card spending in South Korea rose more than 10 percent in 2021 from a year earlier amid the coronavirus pandemic, industry data showed Friday.Spending made with credit, debit and prepaid cards stood at about 977 trillion won
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  Inflation growth hits over 3 pct for fourth straight month in January

  SEOUL, Feb. 4 (Yonhap) -- South Korea's consumer prices rose more than 3 percent for the fourth consecutive month in January due to high prices of oil and farm products, data showed Friday.The consumer prices advanced 3.6 percent on-year last mon
• (URGENT) S. Korea's consumer prices up 3.6 pct on-year in January

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• Ismedia to raise 5 bln won via stock offering

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  SEOUL, Feb. 3 (Yonhap) -- Ismedia Co.on Thursday announced that it will sell stocks to raise 5 billion won (US$4.1 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the company
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  BOK board members say further rate hikes would not hurt economic recovery: minutes

  SEOUL, Feb. 3 (Yonhap) -- Members of the central bank's rate-setting board said further rate hikes would not hamstring economic recovery, when they decided to increase borrowing costs in January, minutes from the latest policy meeting showed Thur
• Hyundai's Jan. sales fall 12 pct amid chip shortage

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  SEOUL, Feb. 3 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker, said Thursday its sales fell 12 percent last month from a year earlier amid global chip shortages.Hyundai Motor sold 282,204 vehicles in January, down from 321,068 units
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  Korea Shipbuilding wins ship orders totaling 704 bln won

  SEOUL, Feb. 3 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has received 704 billion won (US$583 million) worth of ship orders. Korea Shipbuilding obtained four separate orders from shippers in Europe and Oceania t
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  Daewoo Shipbuilding wins orders totaling 1.8 tln won from Europe

  SEOUL, Feb. 3 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. said Thursday it has received a combined 1.8 trillion won (US$1.5 billion) worth of orders from Europe. Daewoo Shipbuilding will build two liquefied natural gas carriers for Maran
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  SsangYong Motor to launch 1st EV model

  SEOUL, Feb. 3 (Yonhap) -- SsangYong Motor Co., the South Korean unit of Indian carmaker Mahindra & Mahindra Ltd., said Thursday it will launch its first all-electric SUV model in the domestic market.In the past three weeks, SsangYong Motor received 3
• Online shopping hits record high in 2021 amid pandemic

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  SEOUL, Feb. 3 (Yonhap) -- Online shopping in South Korea hit a record high in 2021, led by strong demand for food delivery services and electronics amid the pandemic, data showed Thursday.The value of online shopping transactions stood at 192.9 trill
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  S. Korean builder sentiment hits 17-month low in Jan.

  SEOUL, Feb. 3 (Yonhap) -- South Korean builders' business sentiment hit the lowest level in one year and five months in January due to seasonal and several negative factors, a poll showed Thursday.The country's construction business survey in