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  LG Energy Solution seeks to raise up to 12.75 tln won in IPO

  SEOUL, Dec. 7 (Yonhap) -- Battery maker LG Energy Solution Ltd. is seeking to raise as much as 12.75 trillion won (US$10.8 billion) in what would be South Korea's largest initial public offering (IPO), planned for early next year, the company sai
• China Crystal New Material Holdings to raise 6.5 bln won via stock offering

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  SEOUL, Dec. 7 (Yonhap) -- China Crystal New Material Holdings Co.on Tuesday announced that it will sell stocks to raise 6.5 billion won (US$5.5 million). The proceeds from the stock sale will be used mainly to finance stock acquisition.According to a
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  Hyundai Genuine to sell new shares worth 100 bln won to acquire stake in subsidiary

  By Nam Kwang-sikSEOUL, Dec. 7 (Yonhap) -- Hyundai Genuine Co. said Tuesday its board of directors has decided to sell new shares and raise 100 billion won (US$846 million) to acquire a stake in its subsidiary, Hyundai Doosan Infracore.Hyundai Genuine
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  (2nd LD) Samsung unveils new leadership, replaces all 3 CEOs

  (ATTN: UPDATES with more details in paras 2, 8-11; ADDS photo)By Woo Jae-yeonSEOUL, Dec. 7 (Yonhap) -- Samsung Electronics Co. on Tuesday replaced all three CEOs in a surprise move that the company said was intended to enhance competitiveness and pro
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  S. Korea secures stable urea supply from Indonesia for next 3 years

  SEOUL, Dec. 7 (Yonhap) -- South Korea will be able to import around 120,000 tons of urea per year from Indonesia over the next three years, a move expected to help prevent a supply crunch of the key industry material here, Seoul's industry minist
• Moody's to closely monitor S. Korean non-banking sector's asset soundness: analyst

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  SEOUL, Dec. 7 (Yonhap) -- Moody's Investors Service will closely monitor the asset soundness of non-banking financial institutions in South Korea amid worries that they could face risks from snowballing corporate and household debt and rising int
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  Hyundai Bioscience COVID-19 treatment candidate shows efficacy with dexamethasone

  By Kim Han-jooSEOUL, Dec. 7 (Yonhap) -- South Korean biotechnology firm Hyundai Bioscience Co. said Tuesday that the combination of its oral antiviral candidate and dexamethasone showed high efficacy in treating COVID-19 during animal testings.The co
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  Omicron variant ups economic uncertainty for S. Korea: KDI

  SEOUL, Dec. 7 (Yonhap) -- The South Korean economy is on a modest recovery track, but it faces growing downside risks due to the spread of the new omicron COVID-19 variant, a state-run think tank said Tuesday.The country's service industry improv
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  S. Korea added largest number of job positions in 4 years last year

  SEOUL, Dec. 7 (Yonhap) -- South Korea added the largest number of job positions in four years last year due to an increase in employment in the health, social welfare service and public administration sectors amid rapid aging, data showed Tuesday.The
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  Senior Samsung Electronics exec named new CEO of Samsung SDI

  SEOUL, Dec. 7 (Yonhap) -- A senior executive at Samsung Electronics Co. has been tapped as the new chief of the battery producer Samsung SDI Co., company officials said Tuesday. Choi Yoon-ho, a president in charge of the management support department
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  S. Korean shipbuilders rank first in global new orders for 2nd month

  By Nam Kwang-sikSEOUL, Dec. 7 (Yonhap) -- South Korean shipbuilders ranked first in global new orders for a second month in November, far outpacing their Chinese rivals, industry data showed Tuesday. Local shipbuilders, led by Hyundai Heavy Industrie
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  S. Korea to implement eased capital gain taxes on home sales on Wednesday

  SEOUL, Dec. 7 (Yonhap) -- South Korea said Tuesday it will implement eased capital gain taxes on property sales for single-home owners this week amid growing public discontent over real estate-related tax burdens ahead of the presidential election.La
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  (LEAD) Samsung unveils new leadership, replaces all 3 CEOs

  (ATTN: UPDATES with more details in last 7 paras; ADDS photos)By Woo Jae-yeonSEOUL, Dec. 7 (Yonhap) -- Samsung Electronics Co. on Tuesday replaced all three CEOs in a surprise move that the company said was intended to enhance competitiveness and pro
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  Samsung Heavy Industries wins 734 bln won orders for 3 LNG carriers

  By Nam Kwang-sik SEOUL, Dec. 7 (Yonhap) -- Samsung Heavy Industries Co. said Tuesday that it has bagged two orders worth a combined 734 billion won (US$621 million) to construct three liquefied natural gas (LNG) carriers. With the latest deals, Samsu
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  Samsung unveils new leadership, replaces all 3 CEOs

  By Woo Jae-yeonSEOUL, Dec. 7 (Yonhap) -- Samsung Electronics Co. on Tuesday replaced all three CEOs in a surprise move that the company said was intended to enhance competitiveness and promote future growth.Han Jong-hee was promoted to vice chairman
• Over 70 pct of state budget to be frontloaded in first half of next year

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  SEOUL, Dec. 7 (Yonhap) -- South Korea said Tuesday it has allocated 73 percent of fiscal spending for implementation in the first half of next year in a bid to help the country's economic recovery gain traction.The government plans to front-load
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  (LEAD) S. Korea logs current account surplus for 18th straight month in October

  (ATTN: ADDS more info in paras 5, 9-10)SEOUL, Dec. 7 (Yonhap) -- South Korea logged a current account surplus for the 18th straight month in October, though the surplus was smaller than the previous month due to increased imports amid high energy and
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  S. Korea logs current account surplus for 18th straight month in October

  SEOUL, Dec. 7 (Yonhap) -- South Korea logged a current account surplus for the 18th straight month in October, though the surplus was smaller than the previous month due to increased imports amid high energy and raw material prices, the central bank
• (URGENT) S. Korea logs current account surplus of US$6.95 bln in October: BOK

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• Top headlines in major S. Korean newspapers

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  SEOUL, Dec. 7 (Yonhap) -- The following are the top from major South Korean newspapers on Dec. 7.Korean-language dailies-- Govt's push for vaccination pass for teens causes stir (Kyunghyang Shinmun)-- Yoon pledges to achieve change of gov't