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Hyundai, Kia unveil electric concept SUVs at LA auto show

SEOUL, Nov. 18 (Yonhap) -- Hyundai Motor Co. and affiliate Kia Corp. said Thursday they have unveiled their electric concept SUVs at the Los Angeles Auto Show as they strengthen their all-electric portfolios in line with rival carmakers' electrif
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U.S. trade chief to visit S. Korea for talks on supply chains, trade pact

By Oh Seok-minSEOUL, Nov. 18 (Yonhap) -- U.S. Trade Representative (USTR) Katherine Tai was to visit South Korea on Thursday for talks on pending trade issues such as supply chains for key components and steel tariffs.Tai is scheduled to arrive here
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S. Korea's employment rate of university grads ranks low among OECD: report

SEOUL, Nov. 18 (Yonhap) -- South Korea ranks low among members of the Organization for Economic Cooperation and Development (OECD) in terms of the employment rate for university graduates due mainly to a severe mismatch between their majors and job o
Top headlines in major S. Korean newspapers

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SEOUL, Nov. 18 (Yonhap) -- The following are the top in major South Korean newspapers on Nov. 18.Korean-language dailies-- Will gov't miscalculation lead to another 'hospital bed crisis?' (Kyunghyang Shinmun)-- Presidential candidates
4 companies to recall over 2,500 vehicles over faulty parts

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SEOUL, Nov. 18 (Yonhap) -- Tesla Korea, BMW Korea and two other companies will voluntarily recall more than 2,500 vehicles to fix faulty components, the transport ministry said Thursday.This is the latest in a series of recalls by carmakers in South
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S. Korea's int'l aid during pandemic spotlighted at Global Korea Convention 2021

SEOUL, Nov. 17 (Yonhap) -- A conference of international aid experts from 70 public and private organizations exploring South Korea's role in development cooperation in the era of COVID-19 and climate change wrapped up Wednesday after a three-day
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SK Geocentric seeks to boost cooperation with U.S. and Canadian partners

SEOUL, Nov. 17 (Yonhap) -- The CEO of SK Geocentric Co. has met with top executives of waste solutions companies in the United States and Canada to boost cooperation on a multi-million dollar project to build a plastic waste reprocessing plant in Sou
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S. Korea to closely review supply chain of key materials

SEOUL, Nov. 17 (Yonhap) -- South Korea plans to closely monitor the supply chain of major strategic items and key materials in a bid to diversify import sources and prevent their potential supply chain bottlenecks, the finance minister said Wednesday
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Listed firms' on-year net profit nearly triples in first 9 months

By Chung Joo-wonSEOUL, Nov. 17 (Yonhap) -- The combined net profit of listed South Korean companies rose 165.8 percent in the first nine months of this year from a year earlier, the bourse operator said Wednesday.The combined net profit of 586 out of
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(LEAD) 6 in 10 S. Koreans pessimistic about chance to climb social ladder: survey

(ATTN: UPDATES with more details in paras 2-6, 16; RECASTS headline, lead; ADDS photo)SEOUL, Nov. 17 (Yonhap) -- Six in 10 South Koreans believe they cannot move up the social ladder even though they have a chance for better education and jobs, a sur
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Half of S. Koreans have negative opinion about online classes amid pandemic: survey

SEOUL, Nov. 17 (Yonhap) -- More than half of South Koreans think an increase in online classes by schools is the biggest setback among changes in lifestyle caused by the COVID-19 pandemic, a survey showed Wednesday.The poll released by Statistics Kor
Seoul stocks down late Wed. morning amid inflation woes

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SEOUL, Nov. 17 (Yonhap) -- South Korean stocks extended their losses late Wednesday morning, as strong U.S. economic data raised concerns about an early rate hike by the U.S. Federal Reserve amid rising inflation.The benchmark Korea Composite Stock P
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GS Energy to bring in annual 200,000 tons of blue ammonia from UAE

SEOUL, Nov. 17 (Yonhap) -- GS Energy Corp., an energy unit of South Korean conglomerate GS Group, has secured a deal to annually bring in about 200,000 tons of blue ammonia from the United Arab Emirates (UAE) from 2025, according to the company.GS En
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Ruling party threatens parliamentary probe into finance ministry amid dispute over COVID-19 relief funds

By Lee Haye-ahSEOUL, Nov. 17 (Yonhap) -- The ruling Democratic Party (DP) has threatened to conduct a parliamentary investigation into the finance ministry for underestimating this year's surplus tax revenue, ratcheting up pressure on the governm
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S. Korea to focus on stabilizing housing market: minister

SEOUL, Nov. 17 (Yonhap) -- South Korea plans to pump up its efforts to stabilize the housing market as surging home prices and speculative demand have showed signs of easing, the country's top economic policymaker said Wednesday.Finance Minister
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Large firms' capital spending gains over 7 pct despite pandemic

SEOUL, Nov. 17 (Yonhap) -- South Korea's large companies increased their investments by more than 7 percent in the first nine months of this year as part of efforts to find future growth engines despite the coronavirus pandemic, a corporate track
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Hyundai Construction Equipment to acquire whole stake of KSOE's overseas units

By Nam Kwang-sik SEOUL, Nov. 16 (Yonhap) -- Hyundai Construction Equipment Co. said Tuesday that it plans to acquire the whole stake in two overseas units of its affiliate Korea Shipbuilding & Offshore Engineering Co. (KSOE) to focus on the construct
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(LEAD) Tax revenue up 4.1 tln won in Sept. amid economic recovery

(ATTN: UPDATES with more details in last 5 paras)SEOUL, Nov. 16 (Yonhap) -- South Korea's tax revenue increased 4.1 trillion won (US$3.5 billion) in September from a year earlier amid an economic recovery and a boom in asset markets, the finance
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Sales of mini-sized excavators by S. Korean makers soar in China

SEOUL, Nov. 16 (Yonhap) -- South Korean construction equipment makers, led by Hyundai Doosan Infracore Co., sharply increased sales of their mini-sized excavators, which refer to those less than six tons, in China over the past four years, their hold
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S. Korea ramps up production of urea solution amid supply shortage

SEOUL, Nov. 16 (Yonhap) -- South Korea's production of urea solution, a key fluid needed in diesel cars to cut emissions, has surpassed the amount of its daily demand for the first time, data showed Tuesday, as the country is struggling to addres