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• Chorokbaem Company to raise 10 bln won via stock sale

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  SEOUL, Nov. 4 (Yonhap) -- Chorokbaem Company Co.on Thursday announced that it will sell stocks to raise 10 billion won (US$8.5 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regulator
• Kopla to raise 30.9 bln won via stock offering

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  SEOUL, Nov. 4 (Yonhap) -- Kopla Co.on Thursday announced that it will sell stocks to raise 30.9 billion won (US$26.1 million). The proceeds from the stock sale will be used mainly to finance operations.According to a regulatory filing, the company wi
• Rainbow Robotics to raise 7 bln won via stock sale

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  SEOUL, Nov. 4 (Yonhap) -- Rainbow Roboticson Thursday announced that it will sell stocks to raise 7 billion won (US$5.9 million). The proceeds from the stock offering will be used primarily to finance facilities.According to a regulatory filing, the
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  (LEAD) Hybe reports best quarterly performance in Q3

  (ATTN: CHANGES headline; UPDATES throughout with more details of announcement)SEOUL, Nov. 4 (Yonhap) -- Hybe, the K-pop company behind BTS, on Thursday reported record-high quarterly operating profit and revenue for the third quarter, supported by th
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  SK On invests US$2.53 bln for new EV battery plant in China

  SEOUL, Nov. 4 (Yonhap) -- SK On, the new battery spinoff of SK Innovation Co., said it is investing US$2.53 billion to build a new production line for electric vehicle batteries in China, industry sources said Thursday. SK On recently signed a contra
• Dongwon F & B Q3 net profit down 50.9 pct. to 15.1 bln won

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  SEOUL, Nov. 4 (Yonhap) -- Dongwon F & B Co. on Thursday reported its third-quarter net profit of 15.1 billion won (US$12.8 million), down 50.9 percent from a year earlier.The company said in a regulatory filing that it posted 49.1 billion won in oper
• Dongwon Industries Q3 net income down 19.3 pct. to 55.3 bln won

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  SEOUL, Nov. 4 (Yonhap) -- Dongwon Industries Co. on Thursday reported its third-quarter net profit of 55.3 billion won (US$46.7 million), down 19.3 percent from a year earlier.Operating income for the July-September period was 69.6 billion won, down
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  KT CEO, company officials indicted on illegal political donation charges

  SEOUL, Nov. 4 (Yonhap) -- The head of KT Corp., a South Korean telecom giant, was indicted Thursday along with more than a dozen of company officials for allegedly making illegal political donations in the past, prosecutors said.KT CEO Ku Hyeon-mo an
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  SES unveils new hybrid lithium-metal battery for EVs

  SEOUL, Nov. 4 (Yonhap) -- SES, a Singapore-based battery developer with investments from big South Korean companies, like SK Inc. and Hyundai Motor Co., unveiled Thursday its next-generation hybrid lithium-metal battery large enough to power a sedan
• Hanmi Science swings to black in Q3

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  SEOUL, Nov. 4 (Yonhap) -- Hanmi Science Co. on Thursday reported its third-quarter net profit of 16.1 billion won (US$13.6 million), shifting from a loss of 7.5 billion won a year earlier.Operating profit for the July-September period was 18.5 billio
• Hanmi Pharm. shifts to black in Q3

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  SEOUL, Nov. 4 (Yonhap) -- Hanmi Pharm. Co. on Thursday reported its third-quarter net profit of 28.1 billion won (US$23.8 million), shifting from a loss of 31.2 billion won a year earlier.Operating profit for the July-September period was 36.9 billio
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  Doosan Heavy completes 18-megawatt wind farm in S. Korea's southern tip

  By Nam Kwang-sik SEOUL, Nov. 4 (Yonhap) -- South Korea's top power plant builder Doosan Heavy Industries & Construction Co. said Thursday that it has built an 18-megawatt wind farm in the southern tip of the country. The six 3-megawatt wind turbi
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  (3rd LD) S. Korea wary of potential market volatility after Fed's meeting

  (ATTN: RECASTS headline, lead; UPDATES with more details throughout)By Kim Soo-yeonSEOUL, Nov. 4 (Yonhap) -- South Korea said Thursday the Federal Reserve's plan to taper its bond purchases is expected to have a limited impact on the Korean finan
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  (2nd LD) S. Korea launches task force on economic security amid supply chain disruptions

  (ATTN: RECASTS lead; RESTRUCTURES throughout; UPDATES with spokesperson's comments in paras 4-6, response to urea water shortage in paras 12-16)By Kim Eun-jungSEOUL, Nov. 4 (Yonhap) -- South Korea has established a new task force to support the p
• BGF Retail Q3 net profit down 4.1 pct. to 49.3 bln won

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  SEOUL, Nov. 4 (Yonhap) -- BGF Retail Co. on Thursday reported its third-quarter net profit of 49.3 billion won (US$41.7 million), down 4.1 percent from a year earlier.The company said in a regulatory filing that it posted 69.5 billion won in operatin
• Hybe Q3 net profit up 82 pct. to 49.5 bln won

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  SEOUL, Nov. 4 (Yonhap) -- Hybe Co. on Thursday reported its third-quarter net profit of 49.5 billion won (US$41.9 million), up 82 percent from a year earlier.Operating profit for the July-September pe
• Lotte Shopping Q3 net profit up 10157.2 pct. to 305.8 bln won

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  SEOUL, Nov. 4 (Yonhap) -- Lotte Shopping Co. on Thursday reported its third-quarter net profit of 305.8 billion won (US$258.6 million), up 10157.2 percent from a year earlier.Operating profit for the July-September period was 28.9 billion won, down 7
• Hyundai Department Store Q3 net profit up 67.7 pct. to 63 bln won

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  SEOUL, Nov. 4 (Yonhap) -- Hyundai Department Store Co. on Thursday reported its third-quarter net income of 63 billion won (US$53.3 million), up 67.7 percent from a year earlier.Operating income for the July-September period was 47.5 billion won, up
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  Hyundai teases electric SUV ahead of U.S. launch this month

  SEOUL, Nov. 4 (Yonhap) -- Hyundai Motor Co. on Thursday released a teaser for the electric SUV concept "Seven" ahead of its unveiling in the United States this month. The large-size SUV concept built on Hyundai Motor Group's dedicated
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  KT&G Q3 net jumps 29 pct on currency gains

  SEOUL, Nov. 4 (Yonhap) -- KT&G Corp., South Korea's dominant tobacco company, said Thursday its third-quarter net profit jumped 29 percent from a year earlier on foreign-exchange-tied gains.Net profit for the three months ended in September rose