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  New virus cases below 2,000 for 15th day as vaccination rate nears 70 pct milestone

  SEOUL, Oct. 23 (Yonhap) -- South Korea saw its new coronavirus cases rise slightly Saturday, but the daily caseload stayed below 2,000 for the 15th straight day, as the country's vaccination rate was nearing a key milestone of 70 percent. The cou
• (URGENT) 2,219 more patients released from coronavirus treatment, total now at 322,536: KDCA

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• (URGENT) S. Korea reports 20 additional coronavirus deaths, total now at 2,745: KDCA

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• (URGENT) S. Korea reports 1,508 new COVID-19 cases, total now at 350,476: KDCA

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  Doosan Fuel Cell to push for fuel cell biz using biogas

  By Nam Kwang-sik SEOUL, Oct. 22 (Yonhap) -- South Korean fuel cell maker Doosan Fuel Cell Co. said Friday that it has signed a preliminary deal with two local companies to develop fuel cells using biogas. Under the deal with Korea Western Power Co. a
• Hanssem Q3 operating earnings down 4.7 pct. to 22.6 bln won

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  SEOUL, Oct. 22 (Yonhap) -- Hanssem Co. on Friday estimated its third-quarter operating profit at 22.6 billion won (US$19.2 million), down 4.7 percent from a year earlier.Revenue increased 6.4 percent to 535.8 billion won. The data for net earnings wa
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  Korean shipbuilders may gain upper hand in contract talks with shippers

  By Nam Kwang-sik SEOUL, Oct. 24 (Yonhap) -- Hyundai Heavy Industries Co. and other South Korean shipbuilders are expected to hold all the aces in their negotiations with shippers thanks to abundant order backlogs, an industry expert said Sunday. &qu
• Hana Financial Group Q3 net income up 22.3 pct. to 942 bln won

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  SEOUL, Oct. 22 (Yonhap) -- Hana Financial Group Inc. on Friday reported its third-quarter net income of 942 billion won (US$800.3 million), up 22.3 percent from a year earlier.The company said in a regulatory filing that it posted 1.14 trillion won i
• NH Investment & Securities Q3 net income down 10.4 pct. to 214.7 bln won

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  SEOUL, Oct. 22 (Yonhap) -- NH Investment & Securities Co. on Friday reported its third-quarter net income of 214.7 billion won (US$182.4 million), down 10.4 percent from a year earlier.The company said in a regulatory filing that it posted 292.7 bill
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  Edison Motors aims to turn around SsangYong in 3-5 years

  By Choi Kyong-aeSEOUL, Oct. 22 (Yonhap) -- Edison Motors Co., the likely preferred bidder for financially troubled SsangYong Motor Co., said Friday it aims to turn around SsangYong in three to five years by focusing on transforming it into an electri
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  Chinese fishing boat seized for alleged illegal fishing in S. Korean waters

  INCHEON, Oct. 22 (Yonhap) -- A Chinese fishing boat was seized Friday for fishing illegally in South Korean waters in the Yellow Sea, Korea Coast Guard officials said.The 60-ton boat was caught operating in waters about 25 kilometers west of the isla
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  BOK likely to raise rate twice next year amid sound recovery, spiking household debt: analyst

  SEOUL, Oct. 22 (Yonhap) -- South Korea's central bank will likely raise its policy rate at least twice next year as it will continue to normalize its eased monetary policy intended to prop up the pandemic-stricken economy, an analyst said Friday.
• (LEAD) Hyundai E&C Q3 net surges 77 pct on strong sales

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  (ATTN: RECASTS headline, lead throughout)SEOUL, Oct. 22 (Yonhap) -- Hyundai Engineering & Construction Co., a major South Korean construction company, said Friday its third-quarter earnings soared 77.1 percent from a year earlier on strong sales.Net
• Hyundai Engineering & Construction Q3 net profit up 77 pct. to 148.4 bln won

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  SEOUL, Oct. 22 (Yonhap) -- Hyundai Engineering & Construction Co. on Friday reported its third-quarter net profit of 148.4 billion won (US$125.9 million), up 77 percent from a year earlier.The company said in a regulatory filing that it posted 220.4
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  Samsung SDI to set up 1st EV battery plant in U.S. with Stellantis

  By Kim Seung-yeonSEOUL, Oct. 22 (Yonhap) -- South Korean battery maker Samsung SDI Co. said Friday it will build its first electric vehicle (EV) battery plant in the United States with global carmaker Stellantis N.V., joining other local rivals'
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  (LEAD) POSCO International Q3 net up 25.4 pct on brisk sales

  (ATTN: REWRITES headline, lead; ADDS more info from 3rd para)SEOUL, Oct. 22 (Yonhap) -- POSCO International Corp. said Friday its third-quarter earnings swelled more than 25 percent from a year ago on strong sales stemming from rising material costs.
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  Starbucks Korea to stop using disposable cups in Jeju

  SEOUL, Oct. 22 (Yonhap) -- Starbucks Coffee Korea said Friday it will stop using disposable cups at all of its stores on South Korea's southern resort island of Jeju within this year in the latest move to protect the environment.Starbucks said it
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  S. Korea to hold nationwide shopping festival next month

  SEOUL, Oct. 22 (Yonhap) -- South Korea will launch a nationwide shopping festival next month to boost domestic consumption amid the pandemic, the industry ministry said Friday.The annual Korea Sale FESTA will kick off Nov. 1 for a 15-day run, both on
• POSCO International Q3 net income up 25.4 pct. to 69 bln won

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  SEOUL, Oct. 22 (Yonhap) -- POSCO International on Friday reported its third-quarter net income of 69 billion won (US$58.5 million), up 25.4 percent from a year earlier.The company said in a regulatory filing that it posted 148.5 billion won in operat
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  Korean Air partners with Boeing for UAV development

  SEOUL, Oct. 22 (Yonhap) -- Korean Air Lines Co., South Korea's biggest carrier, said Friday it has partnered with Boeing to jointly develop an unmanned aerial vehicle (UAV) in preparation for future mobility demand.Korean Air signed a memorandum