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• Senior GM official to visit S. Korea this week

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  SEOUL, Nov. 7 (Yonhap) -- A senior official of General Motors will visit South Korea this week, sources said Sunday, raising expectations he could unveil new production plans for the Korean unit of the U.S. carmaker.Steven Kiefer, president of Genera
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  Pirate attacks on S. Korean ships down amid anti-piracy efforts off western Africa

  SEOUL, Nov. 7 (Yonhap) -- Pirate attacks on South Korean ships dropped nearly 30 percent this year mostly due to a decline in cases in waters off the piracy-prone western Africa, the maritime ministry said Sunday.The number of pirate attacks targetin
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  Recovery momentum 'feeble' due to manufacturing slowdown: KDI

  SEOUL, Nov. 7 (Yonhap) -- South Korea's economic recovery momentum has weakened due to the slowdown in the manufacturing sector amid a global supply chain shortage and energy crisis, a state-run think tank said Sunday."The recovery in manuf
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  3 transport firms fined 4.9 bln won over price fixing

  SEOUL, Nov. 7 (Yonhap) -- South Korea's antitrust regulator said Sunday it has decided to impose a combined fine of 4.9 billion won (US$4.1 million) on three transport companies for colluding to fix bidding prices.Sejoong Co. and two other compan
• About 90 pct of firms undecided on 2022 investment plans amid pandemic-caused uncertainty: poll

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  SEOUL, Nov. 7 (Yonhap) -- About 90 percent of firms in South Korea are undecided on their investment plans for next year amid lingering uncertainty despite the country's move back to normalcy under the "living with COVID-19" scheme, a
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  Instant noodles prices grow at fastest clip in 13 years in October

  SEOUL, Nov. 7 (Yonhap) -- The prices of instant noodles in South Korea grew at the fastest pace in about 13 years last month, data showed Sunday, raising worries that such steep price hikes could increase inflationary pressures.According to the data
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  Exports of fishery goods up over 20 pct through October: data

  SEOUL, Nov. 7 (Yonhap) -- South Korea's exports of fishery products grew 20.5 percent on-year in the first 10 months of this year, data showed Sunday. Outbound shipments of fishery products reached US$2.24 billion during the January-October perio
• Top headlines in major S. Korean newspapers

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  SEOUL, Nov. 6 (Yonhap) -- The following are the top in major South Korean newspapers on Nov. 6.Korean-language dailies-- Yoon: Presidential election is battle between candidate with common sense and one without (Kyunghyang Shinmun)-- Yoon says he wi
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  (2nd LD) Cheong Wa Dae launches task force to tackle supply shortage of urea water solution

  (ATTN: UPDATES with gov't plan to hold a separate meeting in paras 5-6)SEOUL, Nov. 5 (Yonhap) -- The presidential office Cheong Wa Dae has launched a task force to tackle supply shortages of urea water solution (UWS), a key material used in diese
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  S. Korea calls for cooperation with global companies on climate goals

  SEOUL, Nov. 5 (Yonhap) -- South Korea's Trade Minister Yeo Han-koo proposed Friday that South Korean and global companies join hands to address climate challenges as he met with leaders of major businesses, his office said.Yeo made the call at a
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  (LEAD) PM reiterates reluctance over additional COVID-19 relief grants

  (ATTN: UPDATES with finance minister's remarks in last 4 paras)SEOUL, Nov. 5 (Yonhap) -- Prime Minister Kim Boo-kyum on Friday reiterated his reluctance to spending another round of universal COVID-19 relief grants as proposed by Lee Jae-myung, t
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  Lotte aquarium seeks to transport beluga whale to wildlife sanctuary

  SEOUL, Nov. 5 (Yonhap) -- Lotte World said Friday that it plans to send its only-surviving beluga whale in its aquarium to a wildlife sanctuary next year in a move for its eventual release into its natural habitat.The theme park business unit of Hote
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  (LEAD) Cheong Wa Dae launches task force to tackle supply shortage of urea water solution

  (ATTN: ADDS more info in paras 5-7) SEOUL, Nov. 5 (Yonhap) -- The presidential office Cheong Wa Dae has launched a task force to tackle supply shortages of urea water solution (UWS), a key material used in diesel vehicles to reduce emissions, an offi
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  (LEAD) Samsung Heavy Q3 net losses widen on one-time cost

  (ATTN: UPDATES throughout with more info; CHANGES headline; ADDS photo) SEOUL, Nov. 5 (Yonhap) -- Samsung Heavy Industries Co. said Friday that its net losses widened in the third quarter from a year earlier due to one-off costs. Its net losses widen
• LG Energy Solution signs battery contract with U.S. electric truck maker

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  SEOUL, Nov. 5 (Yonhap) -- LG Energy Solution Ltd., a leading South Korean battery maker, has signed a battery supply contract with Nikola Corp., a U.S. electric vehicle startup, according to industry sources Friday. The Arizona-based company said in
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  PM reiterates reluctance over additional COVID-19 relief grants

  SEOUL, Nov. 5 (Yonhap) -- Prime Minister Kim Boo-kyum on Friday reiterated his reluctance to spending another round of universal COVID-19 relief grants as proposed by Lee Jae-myung, the presidential candidate of the ruling Democratic Party (DP), sayi
• Coway Q3 net profit up 16.9 pct. to 136.5 bln won

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  SEOUL, Nov. 5 (Yonhap) -- Coway Co. on Friday reported its third-quarter net income of 136.5 billion won (US$115.2 million), up 16.9 percent from a year earlier.The company said in a regulatory filing that operating profit for the July-September peri
• Lotte Chemical Q3 net income up 111.7 pct. to 312.8 bln won

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  SEOUL, Nov. 5 (Yonhap) -- Lotte Chemical Corp. on Friday reported its third-quarter net profit of 312.8 billion won (US$264 million), up 111.7 percent from a year earlier.Operating income for the July-September period was 288.3 billion won, up 48.8 p
• Samsung Heavy Industries remains in red in Q3

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  SEOUL, Nov. 5 (Yonhap) -- Samsung Heavy Industries Co. on Friday reported its third-quarter net loss of 123.8 billion won (US$104.5 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it continued to p
• CJ CGV remains in red in Q3

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  SEOUL, Nov. 5 (Yonhap) -- CJ CGV Co. on Friday reported its third-quarter net loss of 123.9 billion won (US$104.6 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it continued to post an operating l