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  Moderna vaccines made by Samsung Biologics available in S. Korea

  By Kim Han-jooSEOUL, Oct. 28 (Yonhap) -- Samsung Biologics Co., a major South Korean contract drugs manufacturer, on Thursday began to supply the first batch of Moderna vaccines manufactured in South Korea.In May, the biotech unit of South Korea'
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  SK Innovation to develop all-solid-state batteries with U.S. firm

  By Kim Seung-yeonSEOUL, Oct. 28 (Yonhap) -- SK Innovation Co., a South Korean battery maker, said Thursday it will develop and produce all-solid-state batteries with a U.S. firm, in a bid to expand its foothold in the next-generation battery market.U
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  Antitrust agency to probe travel sector facing spike in pent-up demand

  SEJONG, Oct. 28 (Yonhap) -- South Korea's antitrust chief has vowed to intensify a probe into unfair business practices in the travel sector amid a looming recovery in travel demand as the country prepares to return to normalcy.South Korea plans
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  (LEAD) Hanwha Life Insurance net soars 154 pct despite pandemic

  (ATTN: RECASTS headline, lead; ADDS info throughout, image)SEOUL, Oct. 28 (Yonhap) -- Major South Korean insurer Hanwha Life Insurance Co. said Thursday its third-quarter net profit rose more than 1.5 times from a year earlier despite the coronavirus
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  (LEAD) S-Oil Q3 net soars elevenfold on strong petrochem sales

  (ATTN: RECASTS headline, lead; UPDATES throughout; ADDS photo, byline) By Kim Seung-yeonSEOUL, Oct. 28 (Yonhap) -- S-Oil Corp., South Korea's No. 3 oil refiner, said Thursday its net income surged by elevenfold in the third quarter from a year ea
• S-Oil Q3 net income up 1004.8 pct. to 334.5 bln won

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  SEOUL, Oct. 28 (Yonhap) -- S-Oil Corp. on Thursday reported its third-quarter net income of 334.5 billion won (US$285 million), up 1004.8 percent from a year earlier.Operating income for the July-September period was 549.4 billion, compared with a lo
• Samsung Engineering Q3 net profit up 42.6 pct. to 97.9 bln won

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  SEOUL, Oct. 28 (Yonhap) -- Samsung Engineering Co. on Thursday reported its third-quarter net income of 97.9 billion won (US$83.5 million), up 42.6 percent from a year earlier.Operating profit for the July-September period was 139 billion won, up 24.
• Hanwha Systems Q3 net income down 0.5 pct. to 31.2 bln won

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  SEOUL, Oct. 28 (Yonhap) -- Hanwha Systems Co. on Thursday reported its third-quarter net income of 31.2 billion won (US$26.6 million), down 0.5 percent from a year earlier.The company said in a regulatory filing that it posted 42.6 billion won in ope
• Hanwha Life Insurance Q3 net income up 154.5 pct. to 378.9 bln won

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  SEOUL, Oct. 28 (Yonhap) -- Hanwha Life Insurance Co. on Thursday reported its third-quarter net profit of 378.9 billion won (US$323.1 million), up 154.5 percent from a year earlier.The company said in a regulatory filing that it posted 250.3 billion
• SNT Motiv Q3 net income up 29.8 pct. to 22.7 bln won

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  SEOUL, Oct. 28 (Yonhap) -- SNT Motiv Co. on Thursday reported its third-quarter net profit of 22.7 billion won (US$19.4 million), up 29.8 percent from a year earlier.The company said in a regulatory filing that it posted 20 billion won in operating p
• Daewoo E&C Q3 net profit up 59.6 pct. to 89.4 bln won

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  SEOUL, Oct. 28 (Yonhap) -- Daewoo Engineering & Construction Co. on Thursday reported its third-quarter net income of 89.4 billion won (US$76.4 million), up 59.6 percent from a year earlier.The company said in a regulatory filing that operating profi
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  SMEs take up absolute majority of firms in S. Korea

  SEOUL, Oct. 28 (Yonhap) -- Small and medium-sized enterprises (SMEs) account for an absolute majority of businesses in South Korea, with their workforces taking up nearly 83 percent of all corporate employees, data showed Thursday.As of 2019, smaller
• 6 companies to recall nearly 330,000 vehicles over faulty parts

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  SEOUL, Oct. 28 (Yonhap) -- Hyundai Motor Co, Volvo Korea and four other companies will voluntarily recall nearly 330,000 vehicles to fix faulty components, the transport ministry said Thursday.This is the latest in a series of recalls by carmakers in
• SK Chemicals to sell its PPS biz to HDC Hyundai EP

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  SEOUL, Oct. 27 (Yonhap) -- South Korean chemical company SK Chemicals Co. said Wednesday it will sell its polyphenylene sulfide (PPS) business to HDC Hyundai Engineering Plastics Co. amid deteriorating profitability. The transaction, valued at 38.5 b
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  Finance minister to leave for Europe to attend G20, climate change meetings

  SEOUL, Oct. 27 (Yonhap) -- Finance Minister Hong Nam-ki will leave for Italy this week to attend a Group of 20 meeting of finance and health ministers to explore ways to foster a sustainable economic recovery in the post-pandemic era, his office said
• Sewon E&C to raise 8 bln won via stock offering

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  SEOUL, Oct. 27 (Yonhap) -- Sewon E&C Co.on Wednesday announced that it will sell stocks to raise 8 billion won(US$6.8 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the compa
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  (LEAD) LG Chem to set up battery separator plant in Hungary with Japan's Toray

  (ATTN: ADDS more info, background in paras 3, 9-11)By Kim Seung-yeonSEOUL, Oct. 27 (Yonhap) -- LG Chem Ltd., South Korea's leading chemical company, said Wednesday it will build a battery separator production plant in Hungary with Japanese chemic
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  LG Chem to set up battery separator plant in Hungary with Japan's Toray

  By Kim Seung-yeonSEOUL, Oct. 27 (Yonhap) -- LG Chem Ltd., South Korea's leading chemical company, said Wednesday it will build a battery separator production plant in Hungary with Japanese chemical giant Toray Industries Inc. as part of efforts t
• Samsung C&T Q3 net profit up 16 pct. to 375.1 bln won

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  SEOUL, Oct. 27 (Yonhap) -- Samsung C&T Corp. on Wednesday reported its third-quarter net profit of 375.1 billion won (US$320.6 million), up 16 percent from a year earlier.Operating profit for the July-September period was 141 billion won, down 34.6 p
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  (2nd LD) Kia Q3 net jumps on base effect, chip woes remain

  (ATTN: ADDS details in paras 7-9)By Choi Kyong-aeSEOUL, Oct. 27 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker, said Wednesday its third-quarter net profit rose sharply due to a lack of one-off costs, but chip shortages remain a maj