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Top headlines in major S. Korean newspapers

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SEOUL, Sept. 24 (Yonhap) -- The following are the top in major South Korean newspapers on Sept. 24.Korean-language dailies-- New COVID-19 cases rise back to over 2,000 after Chuseok holiday (Kyunghyang Shinmun)-- WHO significantly tightens guideline
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Corporate direct financing slips 7.9 pct in August

SEOUL, Sept. 24 (Yonhap) -- South Korea's corporate direct financing fell 7.9 percent on month in August due to a decline in sales of bonds, data showed Friday. Local companies raised a combined 19.35 trillion won (US$16.4 billion) by selling sto
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Producer prices up for 10th month in August

SEOUL, Sept. 24 (Yonhap) -- South Korea's producer prices gained 0.4 percent on-month in August due to a modest rise in prices of food and energy, extending their monthly gains for the 10th straight month, central bank data showed Friday.The prod
Cellivery Therapeutics to raise 15.5 bln won via stock sale

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SEOUL, Sept. 23 (Yonhap) -- Cellivery Therapeutics Inc.on Thursday announced that it will sell stocks to raise 15.5 billion won(US$13.2 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a reg
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(LEAD) KEPCO to up electricity rate for 1st time in 8 yrs amid rising costs

(ATTN: ADDS closing share price at bottom)By Kang Yoon-seungSEOUL, Sept. 23 (Yonhap) -- The Korea Electric Power Corp. (KEPCO), South Korea's state-run utility firm, announced Thursday it plans to raise the electricity rate in the fourth quarter
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(2nd LD) S. Korea vigilant against market volatility from Evergrande woes

(ATTN: RECASTS headline, lead; UPDATES with market close, details throughout)SEOUL, Sept. 23 (Yonhap) -- South Korea plans to closely monitor financial markets as China Evergrande Group's debt problems could increase market volatility, a senior g
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Seoul ranks No. 16 in 2021 global startup ecosystem report

SEOUL, Sept. 23 (Yonhap) -- Seoul has the 16th-best startup ecosystem among cities across the world, an annual report by an American research firm showed Thursday.According to the Global Startup Ecosystem Report 2021 released by Startup Genome, a San
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Finance chief to meet heads of BOK, financial regulators next week

SEOUL, Sept. 23 (Yonhap) -- Finance Minister Hong Nam-ki will hold a four-party meeting next week with the governor of the central bank and two chiefs of financial regulatory authorities to discuss household debt and other economic issues, officials
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LG Electronics to buy stake in Israeli auto cybersecurity firm

SEOUL, Sept. 23 (Yonhap) -- LG Electronics Inc. said Thursday it has signed a deal to acquire a stake in Israel-based automotive cybersecurity firm Cybellum in a move to strengthen its growing auto parts business.The South Korean tech giant said it w
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S. Korea to invest 42.4 bln won in hydrogen tram tech

By Kang Yoon-seungSEOUL, Sept. 23 (Yonhap) -- South Korea said Thursday it plans to invest 42.4 billion won (US$35.8 million) through 2023 to develop core technologies for hydrogen-powered trams.The budget will also be spent to find ways to modify hy
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(LEAD) S. Korea wary of market volatility from Evergrande woes, Fed's tapering: official

(ATTN: ADDS BOK official's remarks in paras 8-9) SEOUL, Sept. 23 (Yonhap) -- South Korea plans to closely monitor financial markets as China Evergrande Group's debt problems and uncertainty about the Federal Reserve's tapering issue could
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(LEAD) Exports rise 23 pct in first 20 days of Sept.

(ATTN: UPDATES with more details from para 3; ADDS photo)SEOUL, Sept. 23 (Yonhap) -- South Korea's exports rose 22.9 percent on-year in the first 20 days of September on the back of robust demand for chips, petroleum products and autos, customs d
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S. Korea wary of market volatility from Evergrande woes, Fed's tapering: official

SEOUL, Sept. 23 (Yonhap) -- South Korea plans to closely monitor financial markets as China Evergrande Group's debt problems and uncertainty about the Federal Reserve's tapering issue could increase market volatility, a senior government offi
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KEPCO to up electricity rate for 1st time in 8 yrs amid rising costs

By Kang Yoon-seungSEOUL, Sept. 23 (Yonhap) -- The Korea Electric Power Corp. (KEPCO), South Korea's state-run utility firm, announced Thursday it plans to raise the electricity rate in the fourth quarter of 2021 to reflect the hike in the global
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Chip dearth forecast to have limited impact on automakers' profit

SEOUL, Sept. 23 (Yonhap) -- A global shortage of chips used in autos is expected to have a limited impact on third-quarter earnings of South Korea's top two carmakers Hyundai Motor Co. and Kia Corp., a market tracker said Thursday.The market cons
Exports rise 23 pct in first 20 days of Sept.

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SEOUL, Sept. 23 (Yonhap) -- South Korea's exports rose 22.9 percent on-year in the first 20 days of September on the back of robust demand for chips, petroleum products and autos, customs data showed Thursday.The country's outbound shipments
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Listed firms' Q3 operating profit forecast to jump 49 pct

SEOUL, Sept. 23 (Yonhap) -- South Korea's listed companies are likely to see their earnings spike nearly 50 percent in the third quarter on brisk exports, a market tracker said Thursday.The combined operating income of 246 listed firms is expecte
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Major firms' dependence on overseas sales rises in H1 amid pandemic

SEOUL, Sept. 23 (Yonhap) -- Major South Korean companies' dependence on overseas markets for sales increased in the first half of the year amid the coronavirus pandemic, data showed Thursday.Combined overseas sales of the country's top 100 fi
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Insurers' risk-based capital ratio gains in Q2

SEOUL, Sept. 23 (Yonhap) -- Insurance firms in South Korea saw their risk-based capital ratio rise in the second quarter of this year as they strengthened capital, data showed Thursday.The risk-based capital (RBC) ratio of local insurance firms stood
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Top financial regulator urges market monitoring over Evergrande concerns

SEOUL, Sept. 22 (Yonhap) -- South Korea's top financial regulator on Wednesday called for strengthening the monitoring of financial markets on concerns about a potential default by debt-laden property developer China Evergrande Group.Global finan