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• Pan Ocean Q3 net income up 325.2 pct. to 179 bln won

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  SEOUL, Oct. 27 (Yonhap) -- Pan Ocean Co. on Wednesday reported its third-quarter net income of 179 billion won (US$153.4 million), up 325.2 percent from a year earlier.The company said in a regulatory filing that operating profit for the July-Septemb
• Samsung SDS Q3 net profit up 23.9 pct. to 199.4 bln won

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  SEOUL, Oct. 27 (Yonhap) -- Samsung SDS Co. on Wednesday reported its third-quarter net profit of 199.4 billion won (US$170.8 million), up 23.9 percent from a year earlier.The company said in a regulatory filing that it posted 222 billion won in opera
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  Corporate direct financing gains 1.4 pct in Sept.

  SEOUL, Oct. 27 (Yonhap) -- South Korea's corporate direct financing edged up in September from the previous month due to a surge in bond sales, data showed Wednesday. Local companies raised a combined 19.6 trillion won (US$16.8 billion) by sellin
• Consumer sentiment rises to 4-month high in October amid expanded vaccination

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  SEOUL, Oct. 27 (Yonhap) -- South Korea's consumer sentiment rose to the highest level in four months in October as an accelerated pace of COVID-19 vaccination raised hope for a return to normal life, central bank data showed Wednesday. The compos
• MSTNS to raise 5 bln won via stock sale

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  SEOUL, Oct. 26 (Yonhap) -- MSTNS Co.on Tuesday announced that it will sell stocks to raise 5 billion won(US$4.3 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing, the comp
• Eoflow to raise 6.6 bln won via stock sale

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  SEOUL, Oct. 26 (Yonhap) -- Eoflow Co.on Tuesday announced that it will sell stocks to raise 6.6 billion won (US$5.7 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.According to a regulatory filing, t
• (2nd LD) Hyundai swings to Q3 profit, cuts 2021 sales target amid chip crisis

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  (ATTN: CHANGES headline and lead; ADDS photos, executives' comments, stock prices and details throughout)By Choi Kyong-aeSEOUL, Oct. 26 (Yonhap) -- South Korea's Hyundai Motor Co. on Tuesday achieved a turnaround in the third quarter from a y
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  Loan guarantees among conglomerate units soar this year

  SEOUL, Oct. 26 (Yonhap) -- Loan guarantees among affiliates of South Korea's conglomerates soared this year from a year earlier due to the addition of more large business groups to the corporate watch list, the antitrust regulator said Tuesday.Of
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  (LEAD) Samsung Biologics Q3 net more than doubles on increased sales

  (ATTN: RECASTS headline, lead, throughout with details; ADDS photo, byline)By Kim Han-jooSEOUL, Oct. 26 (Yonhap) -- Samsung Biologics, a biopharmaceutical unit of South Korea's top conglomerate Samsung Group, said Tuesday its net income more than
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  (3rd LD) SK hynix posts record quarterly sales, sees growth momentum continue

  (ATTN: ADDS stock price in last para; CHANGES headline)By Woo Jae-yeonSEOUL, Oct. 26 (Yonhap) -- SK hynix Inc., South Korea's No. 2 chipmaker, reported strong third-quarter earnings Tuesday on the back of solid memory chip demand for severs and s
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  Samsung to quickly finalize U.S. fab investment: vice chairman

  SEOUL, Oct. 26 (Yonhap) -- Samsung Electronics Co. will quickly decide on a foundry investment in the United States, a senior executive said Tuesday, as the South Korean tech giant seeks to become the world's No. 1 player in the logic chip and fo
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  (LEAD) S. Korea's yearly trade volume tops US$1 tln at fastest pace ever

  (ATTN: ADDS more details in throughout, additional photo)By Oh Seok-minSEOUL, Oct. 26 (Yonhap) -- South Korea's trade volume for this year surpassed the US$1 trillion mark Tuesday on the back of solid export growth amid the global recovery from t
• Samsung Biologics Q3 net profit up 135 pct. to 131.8 bln won

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  SEOUL, Oct. 26 (Yonhap) -- Samsung Biologics Co. on Tuesday reported its third-quarter net income of 131.8 billion won (US$112.9 million), up 135 percent from a year earlier.The company said in a regulatory filing that operating income for the July-S
• Korea Petro Chemical Ind Q3 net income down 43.1 pct. to 30.9 bln won

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  SEOUL, Oct. 26 (Yonhap) -- Korea Petro Chemical Ind Co. on Tuesday reported its third-quarter net income of 30.9 billion won (US$26.4 million), down 43.1 percent from a year earlier.Operating profit for the July-September period was 32.1 billion won,
• Industrial Bank Of Korea Q3 net profit up 67 pct. to 612.1 bln won

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  SEOUL, Oct. 26 (Yonhap) -- Industrial Bank Of Korea on Tuesday reported its third-quarter net income of 612.1 billion won (US$524.3 million), up 67 percent from a year earlier.The company said in a regulatory filing that operating income for the July
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  (LEAD) S. Korea to resume discount coupon program to spur spending

  (ATTN: UPDATES with more details in paras 2, 7, 9-12)SEOUL, Oct. 26 (Yonhap) -- South Korea said Tuesday it plans to resume discount coupon programs aimed at boosting domestic demand as the country is preparing to move into a phase of "living w
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  (LEAD) Hyundai swings to profit in Q3 on base effect

  (ATTN: RECASTS throughout with details; ADDS photo)SEOUL, Oct. 26 (Yonhap) -- South Korea's Hyundai Motor Co. on Tuesday turned around in the third quarter from a year earlier due to a lack of one-off costs, with chip shortages remaining as a maj
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  (4th LD) S. Korea to cut fuel taxes by record 20 pct amid soaring oil prices

  (ATTN: RECASTS lead; ADDS more info in para 16)By Joo Kyung-don and Kim Soo-yeonSEOUL, Oct. 26 (Yonhap) -- South Korea said Tuesday it will temporarily cut fuel taxes by a record 20 percent in a bid to ease upward pressure on consumer inflation as oi
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  (2nd LD) S. Korea to speed up enforcement of stricter income-based lending rules to rein in household debt

  (ATTN: ADDS FSC head's remarks in para 18; CHANGES photo)SEOUL, Oct. 26 (Yonhap) -- South Korea said Tuesday it will enforce stricter lending rules based on borrowers' repayment capability at an earlier date than initially scheduled to curb s
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  Military to open its first hydrogen charging station for vehicles

  By Kang Yoon-seungSEOUL, Oct. 26 (Yonhap) -- South Korea's military said Tuesday it will open its first hydrogen charging station this week, helping accelerate the country's drive to promote the use of renewable energy sources.The government