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  (LEAD) Shinsegae Q3 net soars on department store biz growth

  (ATTN: CHANGES headline, lead; UPDATES with more info throughout; ADDS image)SEOUL, Nov. 9 (Yonhap) -- South Korea's No. 2 retailer Shinsegae Inc. said Tuesday that its third-quarter net income steeply increased as its department store business g
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  Labor ministry recognizes bullying case at Coupang, rebutting company's internal probe: union

  SEOUL, Nov. 9 (Yonhap) -- The labor ministry has recognized that a workplace bullying incident occurred within e-commerce giant Coupang Inc. early this year, refuting a finding reached by the company through an internal probe, the company's union
• KG Dongbusteel Q3 net profit up 212.9 pct. to 72.9 bln won

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  SEOUL, Nov. 9 (Yonhap) -- KG Dongbusteel Co. on Tuesday reported its third-quarter net profit of 72.9 billion won (US$61.9 million), up 212.9 percent from a year earlier.The company said in a regulatory filing that it posted 107.6 billion won in oper
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  S. Korea to produce urea solution with urea secured through crackdowns

  SEOUL, Nov. 9 (Yonhap) -- South Korea said Tuesday it has identified thousands of tons of urea held by local importers and plans to use them to produce urea water solution, a key fluid used in diesel vehicles to cut emissions, amid its supply shortag
• Korea Gas remains in red in Q3

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  SEOUL, Nov. 9 (Yonhap) -- Korea Gas Corp. on Tuesday reported its third-quarter net loss of 85.7 billion won (US$72.8 million), remaining in the red compared with a year ago.Operating income for the July-September period was 7.8 billion, compared wit
• KEPCO E&C shifts to loss in Q3

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  SEOUL, Nov. 9 (Yonhap) -- KEPCO Engineering & Construction Co. on Tuesday reported its third-quarter net loss of 2.7 billion won (US$2.3 million), shifting from a profit of 7.9 billion won a year earlier.The company said in a regulatory filing that i
• Shinsegae International Q3 net income up 90.4 pct. to 9.8 bln won

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  SEOUL, Nov. 9 (Yonhap) -- Shinsegae International Inc. on Tuesday reported its third-quarter net profit of 9.8 billion won (US$8.3 million), up 90.4 percent from a year earlier.The company said in a regulatory filing that it posted 14.1 billion won i
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  S. Korea investigating suspected cases of highly pathogenic bird flu

  SEOUL, Nov. 9 (Yonhap) -- The agricultural ministry said Tuesday it is investigating suspected cases of highly pathogenic bird flu from a local farm as it issued a nationwide standstill order to help contain its spread. The suspected cases of the avi
• Shinsegae Q3 net profit up 21912.8 pct. to 188.9 bln won

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  SEOUL, Nov. 9 (Yonhap) -- Shinsegae Inc. on Tuesday reported its third-quarter net income of 188.9 billion won (US$160.3 million), up 21912.8 percent from a year earlier.The company said in a regulatory filing that operating income for the July-Septe
• Hanon Systems Q3 net income up 3.4 pct. to 52.6 bln won

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  SEOUL, Nov. 9 (Yonhap) -- Hanon Systems on Tuesday reported its third-quarter net income of 52.6 billion won (US$44.7 million), up 3.4 percent from a year earlier.The company said in a regulatory filing that operating income for the July-September pe
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  Probes launched into suspected tax evasion

  SEOUL, Nov. 9 (Yonhap) -- South Korea's tax agency said Tuesday it has launched probes into suspected tax evasion by 30 people who pocketed corporate profits for personal gains or handed down wealth to their children by illegal means.The National
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  Manufacturers' Q3 domestic supply grows at slower pace amid auto chip shortage

  SEOUL, Nov. 9 (Yonhap) -- South Korean manufacturers' domestic supply rose at a slower pace in the third quarter from three months earlier mainly because a shortage of auto chips dented vehicle production, data showed Tuesday.The manufacturing do
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  (LEAD) KT Q3 net up 47 pct on 5G growth

  (ATTN: RECASTS throughout with details; CHANGES headline; ADDS photo)SEOUL, Nov. 9 (Yonhap) -- KT Corp., a South Korean telecom giant, said Tuesday its third-quarter net income rose 46.9 percent from a year earlier on the back of robust growth of 5G
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  S. Korean shipbuilders retake No. 1 spot in global new orders in Oct.

  By Nam Kwang-sikSEOUL, Nov. 9 (Yonhap) -- South Korean shipbuilders regained the No. 1 ranking from their Chinese rivals in global new orders in October, bagging more than half of the global orders, industry data showed Tuesday. Local shipbuilders le
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  Hyundai Heavy Industries wins 636.3 bln won order for Aegis destroyer

  By Nam Kwang-sik SEOUL, Nov. 9 (Yonhap) -- Hyundai Heavy Industries Co. said Tuesday that it has signed a 636.3 billion won (US$ 539.7 million) deal to build an Aegis destroyer of the South Korean Navy.Under the deal with the Defense Acquisition Prog
• KT Q3 net profit up 46.9 pct. to 337.7 bln won

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  SEOUL, Nov. 9 (Yonhap) -- KT Corp. on Tuesday reported its third-quarter net profit of 337.7 billion won (US$286.7 million), up 46.9 percent from a year earlier.Operating income for the July-September period was 382.4 billion won, up 30.1 percent fro
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  POSCO named world's most competitive steelmaker for 12th year

  SEOUL, Nov. 9 (Yonhap) -- South Korea's top steelmaker POSCO said Tuesday it was named the world's most competitive steelmaker in a global industry report for the 12th consecutive year.In an annual assessment of 35 steelmakers worldwide, glob
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  (LEAD) S. Korea, Chile sign MOU on hydrogen energy cooperation

  (ATTN: ADDS additional photo)SEOUL, Nov. 9 (Yonhap) -- South Korea and Chile signed a memorandum of understanding to expand cooperation in the low-carbon hydrogen sector, Seoul's industry ministry said Tuesday.South Korea's Second Vice Indust
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  S. Korea in close consultation with Mexico to resume FTA talks: ministry

  SEOUL, Nov. 9 (Yonhap) -- South Korea and Mexico have "closely discussed" the possible resumption of negotiations for a bilateral free trade agreement, an official of Seoul's trade ministry said Tuesday.The two nations began talks on
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  (LEAD) NHN Q3 net up 38.7 pct on robust IT, payment business

  (ATTN: RECASTS throughout with details; ADDS photo)SEOUL, Nov. 9 (Yonhap) -- NHN Corp., a South Korean leading information technology company, on Tuesday said its third-quarter net profit jumped 38.7 percent from a year earlier, buoyed by increased r