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(LEAD) Industrial output falls by most in 18 months in Oct.

(ATTN: UPDATES with more details in paras 2, 5, 6, 10-20; RECASTS lead; ADDS photo)By Kim Soo-yeonSEOUL, Nov. 30 (Yonhap) -- South Korea's industrial output fell by the most in 18 months in October as production in the manufacturing sector lost s
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Industrial output falls by most in 18 months in Oct.

By Kim Soo-yeonSEOUL, Nov. 30 (Yonhap) -- South Korea's industrial output fell by the most in 18 months in October in the latest sign that economic recovery momentum has slowed, data showed Tuesday.Industrial output declined 1.9 percent in Octobe
(URGENT) Industrial output falls 1.9 pct on-month in Oct.: statistics agency

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Parliamentary subcommittee passes bill on delaying enforcement of virtual asset taxation

SEOUL, Nov. 29 (Yonhap) -- A subcommittee of the National Assembly's tax committee on Monday passed a bill on postponing the planned taxation of cryptocurrencies and other virtual assets.The bill will delay South Korea's plan to impose a 20 p
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State pension fund logs 8 pct return through Sept.

SEOUL, Nov. 29 (Yonhap) -- South Korea's state pension fund posted a return rate of 8 percent in the first nine months of the year, aided by healthy gains from investment in local and foreign stocks, the fund's operator said Monday.The Nation
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Shares of Doosan Heavy plunge on reports of new share sale

By Nam Kwang-sik SEOUL, Nov. 29 (Yonhap) -- Shares of Doosan Heavy Industries Co. tumbled Monday after it announced its plan to sell new shares to raise 1.5 trillion won (US$1.25 billion) last week. Shares of Doosan Heavy closed at 19,900 won on the
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S. Korea seeks China's cooperation in urea supply

SEOUL, Nov. 29 (Yonhap) -- South Korea on Monday asked China's eastern province of Jiangsu for its cooperation on the smooth importation of urea amid the ongoing supply shortage of the key material needed to cut emissions from diesel vehicles, Se
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(LEAD) Samsung Electronics revamps human resources system to nurture talent, flexible corporate culture

(ATTN: UPDATES with more details in paras 3, 6, 8, 13; ADDS photo)By Woo Jae-yeonSEOUL, Nov. 29 (Yonhap) -- Samsung Electronics Co. said Monday it has overhauled its employee evaluation and position system to spot and nurture talent and improve produ
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Smaller firms' biz confidence edges up for Dec.: poll

SEOUL, Nov. 29 (Yonhap) -- The business outlook of South Korea's smaller firms inched up for December on eased social distancing measures and hopes of higher year-end domestic demand, a poll showed Monday.The survey of 3,150 small and medium-size
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S. Korea's female population rises 1.1 pct over 5 years

SEOUL, Sept. 29 (Yonhap) -- South Korea's female population expanded slightly over 1 percent over the past five years to surpass the 25 million mark in 2020, census data showed Monday.The number of women in Asia's fourth-largest economy stood
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Samsung Electronics revamps human resources system to nurture talent, flexible corporate culture

By Woo Jae-yeonSEOUL, Nov. 29 (Yonhap) -- Samsung Electronics Co. said Monday it has overhauled its employee evaluation and position system to spot and nurture talent and improve productivity by creating more flexible corporate culture.Under the new
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Daewoo Shipbuilding opens virtual training center for ship painters

By Nam Kwang-sik SEOUL, Nov. 29 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday it has launched a virtual center to train ship painters. The shipbuilder said the virtual training center will give painters the same experien
S. Korea to host global forum on maritime law

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SEOUL, Nov. 29 (Yonhap) -- South Korea is set to host an annual international forum on maritime law, setting the stage for judicial officials and academics to discuss emerging challenges from the new oceans technologies and environmental crises, the
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Retail sales up 14.4 pct in October on sales events, cold weather

SEOUL, Nov. 29 (Yonhap) -- Retail sales in South Korea surged 14.4 percent in October from a year earlier as more consumers opened their wallets amid various promotional events and cold weather, the industry ministry said Monday.The combined sales of
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S. Korea to closely monitor financial markets amid worries over omicron-sparked volatility

SEOUL, Nov. 29 (Yonhap) -- South Korea will closely monitor global and local financial markets for any impact from the emergence of the omicron variant of the coronavirus and take action in a preemptive and active manner, if necessary, to reduce mark
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S. Korea holds annual consultation meeting with S&P

SEOUL, Nov. 29 (Yonhap) -- South Korea kicked off annual consultation meetings with global rating appraiser Standard & Poor's Global Ratings (S&P) on Monday to discuss the country's credit valuation and economic outlook, the finance ministry
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Samsung Heavy ties up with Microsoft for shipyard digitalization

By Nam Kwang-sik SEOUL, Nov. 29 (Yonhap) -- Samsung Heavy Industries Co. said Monday it has signed a deal with Microsoft Korea to cooperate on the digitalization of its shipyard. Samsung Heavy said it plans to build up a collaboration system among ea
Seoul stocks open lower on virus worries

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SEOUL, Nov. 29 (Yonhap) -- South Korean stocks opened lower Monday, largely as investors wondered how the omicron variant of the coronavirus would affect the global economic reopening. The benchmark Korea Composite Stock Price Index (KOSPI) fell 21.9
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Nearly half of hospitality firms marginal in 2020 amid pandemic: report

SEOUL, Nov. 29 (Yonhap) -- Nearly half of South Korean hospitality companies were unable to service their debts with earnings in 2020 in the wake of the coronavirus pandemic, a report showed Monday.The report from the Federation of Korean Industries
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Brokerages' Q3 net up 10.5 pct on increased investment gains

SEOUL, Nov. 28 (Yonhap) -- South Korean brokerage firms saw their combined net profits rise 10.5 percent in the third quarter from three months earlier, due to increased income from their proprietary trading, data showed Sunday.The combined net profi