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S. Korea's air passenger traffic falls 7.7 pct in 2021

SEOUL, Feb. 3 (Yonhap) -- South Korea's air passenger traffic fell 7.7 percent in 2021 from a year earlier due to the prolonged COVID-19 pandemic, the transport ministry said Thursday.A total of 36.36 million passengers, including 3.21 million on
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S. Korea earmarks 841 bln won for key materials, parts development

SEOUL, Feb. 3 (Yonhap) -- South Korea will earmark 841 billion won (US$697.4 million) for research and development of key materials and parts this year in a move to reduce dependency on foreign supplies and boost competitiveness of local industries,
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(LEAD) BOK calls for vigilance on market volatility following holiday

(ATTN: UPDATES with more info in paras 6, 7, 9, 10)SEOUL, Feb. 3 (Yonhap) -- South Korea should stay vigilant on the possibility of heightening financial market volatility amid persistent worries over inflation in major economies and other risk facto
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34 more firms added to antitrust watch list

SEOUL, Feb. 3 (Yonhap) -- The number of South Korean companies affiliated with large business groups under tight supervision rose by 34 in the three months ending Jan. 31 as conglomerates expanded new businesses, the antitrust regulator said Thursday
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BOK calls for vigilance on market volatility following holiday

SEOUL, Feb. 3 (Yonhap) -- South Korea should stay vigilant on the possibility of heightening financial market volatility amid persistent worries over inflation in major economies and other risk factors, though the markets showed signs of stability in
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Housing price decline expected to accelerate: finance minister

SEOUL, Feb. 3 (Yonhap) -- Finance Minister Hong Nam-ki said Thursday the country's housing prices are expected to pick up their declining pace amid the central bank's rate hike and tighter lending rules.Hong said the government is committed t
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Ratio of nonwage workers hits record low in 2021

SEOUL, Feb. 3 (Yonhap) -- The ratio of the self-employed and other nonwage workers in South Korea touched an all-time low in 2021 amid the coronavirus pandemic, government data showed Thursday.Asia's fourth-largest economy had 6.52 million unsala
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S. Korea reports additional avian influenza case

SEOUL, Feb. 2 (Yonhap) -- South Korean agricultural authorities on Wednesday reported an additional confirmed case of highly pathogenic bird flu from a local farm.The outbreak occurred in a duck farm in Jincheon, North Chungcheong Province, bringing
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(LEAD) Hyundai, Kia's U.S. sales rise 3.1 pct in January

(ATTN: UPDATES with Genesis figures in paras 2-3; CHANGES headline and lead)SEOUL, Feb. 2 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday their combined sales in the United States rose 3.1 percent last month from a year earli
Vehicle registrations fall 9 pct in 2021

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SEOUL, Feb. 2 (Yonhap) -- South Korea's new vehicle registrations fell 9 percent last year from a year earlier as chip shortages affected vehicle production and sales, the transport ministry said Wednesday.The number of newly registered vehicles
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Hyundai, Kia's own platform-based EV sales exceed 100,000 units

SEOUL, Feb. 2 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday they sold more than 100,000 units of electric vehicles equipped with their own EV platform since April in global markets. Last year, Hyundai Motor launched the Hyu
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Hyundai, Kia's U.S. sales rise 2.3 pct in January

SEOUL, Feb. 2 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday their combined sales in the United States rose 2.3 percent last month from a year earlier on strong demand for their SUV models. Hyundai and Kia sold a total of 90
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Stock funds' net assets suffer 1st shrink in 4 months in Jan. amid slump

SEOUL, Feb. 2 (Yonhap) -- The net asset value of stock funds in South Korea suffered a decline for the first time in four months in January, as the global stock market roiled amid major central banks' move to tighten policies, data showed Wednesd
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Samsung C&T wins $510 mln plant deal from Vietnam

SEOUL, Feb. 2 (Yonhap) -- Samsung C&T Corp., the construction unit of Samsung Group, said Wednesday it has obtained a US$510 million plant deal from Vietnam. Samsung C&T received the order from Petro Vietnam Power Corp., an affiliate of Vietnam's
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S. Korea faces reduced import curbs in 2021 amid pandemic

SEOUL, Feb. 2 (Yonhap) -- South Korea faced a reduced number of import curbs from trade partners last year for the first time in a decade amid the pandemic, a trade body said Wednesday.The country was subject to 206 import regulations from 28 countri
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RCEP mega free trade pact takes effect for S. Korea

SEOUL, Feb. 1 (Yonhap) -- The mega free trade pact called the Regional Comprehensive Economic Partnership (RCEP) took effect for South Korea on Tuesday, which is expected to help diversify the country's trade portfolio, Seoul's industry minis
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(2nd LD) Exports up 15.2 pct in January on robust chip shipments

(ATTN: RECASTS lead to highlight trade deficit; ADDS more details, comments in paras 8-13)By Oh Seok-minSEOUL, Feb. 1 (Yonhap) -- South Korea's exports soared 15.2 percent in January from a year earlier on the back of brisk demand for chips, but
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(LEAD) Exports up 15.2 pct in January on robust chip shipments

(ATTN: ADDS more details throughout)By Oh Seok-minSEOUL, Feb. 1 (Yonhap) -- South Korea's exports soared 15.2 percent in January from a year earlier on the back of brisk demand for chips, data showed Tuesday.Outbound shipments stood at US$55.32 b
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Exports up 15.2 pct in January on robust chip shipments

SEOUL, Feb. 1 (Yonhap) -- South Korea's exports soared 15.2 percent in January from a year earlier on the back of brisk demand for chips, data showed Tuesday.Outbound shipments stood at US$55.32 billion last month, compared with $48 billion a yea
(URGENT) S. Korea's exports rise 15.2 pct on-year to US$55.3 bln in Jan.

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