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Bond issuance in S. Korea plunges in Sept.

SEOUL, Oct. 8 (Yonhap) -- Bond issuance in South Korea fell sharply in September from the previous month due to decreased debt sales by the government and financial firms, data showed Friday.The value of bonds sold in Asia's fourth-largest econom
German tech firm Merck to invest US$693 mln in S. Korea by 2025

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By Kang Yoon-seungSEOUL, Oct. 8 (Yonhap) -- Germany-based technology firm Merck Group said Friday it plans to invest around US$693 million in South Korea through 2025 in the electronics sector, including semiconductor solutions.The investment by Merc
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S. Korea to take active steps to curb inflation: official

SEOUL, Oct. 8 (Yonhap) -- South Korea plans to take active actions to stabilize inflation as the country's consumer prices are expected to grow at a faster pace in October than the previous month, a senior government official said Friday.First Vi
(URGENT) Samsung Electronics estimates Q3 sales at 73 tln won, up 9 pct on-year

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(URGENT) Samsung Electronics estimates Q3 operating profit at 15.8 tln won, up 27.9 pct on-year

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Property rental firms shine over past 5 yrs on market boom: data

SEJONG, Oct. 8 (Yonhap) -- Real estate rental businesses in South Korea have been on a roll over the past five years amid a booming property market, data showed Friday.Property leasing companies in Asia's fourth-largest economy registered 453.3 t
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테슬라, 실리콘밸리서 텍사스 오스틴으로 본사 이전

(로스앤젤레스=연합뉴스) 정윤섭 특파원 = 미국 전기자동차 업체 테슬라가 캘리포니아주 실리콘밸리에서 텍사스주 오스틴으로 본사를 이전하기로 했다.테슬라 최고경영자(CEO) 일론 머스크는 7일(현지시간) 텍사스 오스틴에서 개최한 주주총회에서 이같이 밝혔다고 CNBC 방송이 보도했다.현재 테슬라 본사는 미국 테크기업이 총집결한 캘리포니아 팰로앨토에 있으나 머스크
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(News Focus) EU's probe suspension leaves S. Korean shipbuilders' biz combination in limbo

By Nam Kwang-sikSEOUL, Oct. 8 (Yonhap) -- The proposed acquisition involving South Korea's leading shipbuilders has been deadlocked for more than a year, as the European Union antitrust regulator shows no signs of resuming its probe into the deal
Top headlines in major S. Korean newspapers

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SEOUL, Oct. 8 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 8.Korean-language dailies-- Court says forced discharge of transgender soldier unfair in first such ruling (Kyunghyang Shinmun)-- 'Future of advanced S.
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Moon says S. Korea will lead 'irreversible trend' of hydrogen energy transition

By Chang Dong-wooSEOUL, Oct. 7 (Yonhap) -- President Moon Jae-in said Thursday South Korea will become a global leader in transitioning from a fossil fuel-based economy to a hydrogen-based one, calling the clean energy push an "irreversible tre
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Hyundai Mobis to invest 1.3 tln won in fuel-cell plants

SEOUL, Oct. 7 (Yonhap) -- Hyundai Mobis Co. said Thursday it will invest 1.3 trillion won (US$1.09 billion) to expand its fuel cell production facilities in line with its parent group's future mobility plans.South Korea's biggest auto parts m
KH E&T to sell shares to raise capital

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SEOUL, Oct. 7 (Yonhap) -- KH E&T Co.on Thursday announced that it will sell stocks to raise capital.According to a regulatory filing, the company will issue some 1.52 million common shares at a price of 1,315 won per share. The stocks will be sold to
Daeyu to raise 38 bln won via stock sale

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SEOUL, Oct. 7 (Yonhap) -- Daeyu Co.on Thursday announced that it will sell stocks to raise 38 billion won(US$31.9 million). The proceeds from the stock offering will be used primarily to finance its facilities.According to a regulatory filing, the co
(2nd LD) S. Korea to implement market-stabilizing steps if needed: official

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(ATTN: UPDATES with market close in paras 3-4) SEOUL, Oct. 7 (Yonhap) -- South Korea plans to implement measures to stabilize the market in a timely manner if needed as market volatility has increased amid external economic risks, a senior government
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Medytox's patent suit against Daewoong dismissed in U.S.

By Kim Han-jooSEOUL, Oct. 7 (Yonhap) -- A U.S. court accepted a motion to dismiss a patent suit by South Korean drugmaker Medytox Inc. against its local rival Daewoong Pharmaceutical Co. over a botulinum toxin strain, company officials here said Thur
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KEPCO urged to sell property amid huge loss

By Kang Yoon-seungSEOUL, Oct. 7 (Yonhap) -- The value of property assets owned by Korea Electric Power Corp. (KEPCO) was estimated at 8.6 trillion won (US$7.2 billion) as of 2020, data showed Thursday, as lawmakers urged the state-run utility firm to
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(LEAD) S. Korea to implement market-stabilizing steps if needed: official

(ATTN: UPDATES with market reaction in para 4; UPDATES with more details in paras 9-10)SEOUL, Oct. 7 (Yonhap) -- South Korea plans to implement measures to stabilize the market in a timely manner if needed as market volatility has increased amid exte
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(2nd LD) S. Korea sells US$1.3 bln of FX bonds at 2nd-lowest rates

(ATTN: ADDS more details in para 5)By Kim Soo-yeonSEOUL, Oct. 7 (Yonhap) -- South Korea said Thursday it has sold about US$1.3 billion worth of foreign exchange stabilization bonds at the second-lowest ever rates amid solid demand.The government sold
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S. Korean economy faces growing downside risks: KDI

SEOUL, Oct. 7 (Yonhap) -- The South Korean economy is facing increasing downside risks as the uptick in COVID-19 cases is delaying the recovery of private spending amid heightened uncertainty about the global economic recovery, a state-run think tank
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S. Korean economy to grow 2.8 pct in 2022: think tank

SEOUL, Oct. 7 (Yonhap) -- The South Korean economy is likely to lose its upward momentum and grow less than 3 percent in 2020 amid slowing exports and waning pandemic-related stimulus, a private think tank said Thursday.The Hana Institute of Finance