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  S. Korea christens 1st homegrown advanced LNG bunkering ship

  SEOUL, May 10 (Yonhap) -- South Korea held a ceremony Wednesday to christen a new liquefied natural gas (LNG) bunker vessel equipped with a homegrown advanced cargo system, the industry ministry said.The Blue Whale ship was constructed at the dockyar
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  S. Korea needs to diversify chips portfolio to address industry cycle: KDI

  By Kang Yoon-seungSEJONG, May 10 (Yonhap) -- South Korea needs to diversify its chip portfolio as its heavy dependence on memory chips has made the country more vulnerable to the industry's cycle, a state-run think tank said Wednesday.A 10 percen
• Grand Korea Leisure swings to profits in Q1

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  SEOUL, May 10 (Yonhap) -- Grand Korea Leisure Co. on Wednesday reported its first-quarter net profit of 21.6 billion won (US$16.3 million), turning from a loss of 10.8 billion won a year earlier.Operating income for the January-March period was 27.2
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  (LEDA) SK Telecom Q1 net up 37.3 pct on increased dividends

  (ATTN: ADDS more info throughout)SEOUL, May 10 (Yonhap) -- SK Telecom Co., South Korea's largest wireless carrier, said Wednesday its first-quarter net profit jumped 37.3 percent from a year earlier thanks to increased dividend income.The company
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  (2nd LD) S. Korea's current account returns to surplus in March

  (ATTN: UPDATES para 4; ADDS more info in last 3 paras)SEOUL, May 10 (Yonhap) -- South Korea logged a current account surplus in March as dividend payments from overseas increased amid an extended slump in exports, central bank data showed Wednesday.T
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  POSCO International inks LNG carrier charter deal

  SEOUL, May 10 (Yonhap) -- POSCO International Corp. said Wednesday it has signed a charter agreement with a South Korean shipping company for the transport of liquefied natural gas (LNG) as it pushes to boost energy business. Under the deal with H-Li
• SK Telecom Q1 net profit up 37.3 pct to 302.5 bln won

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  SEOUL, May 10 (Yonhap) -- SK Telecom Co. on Wednesday reported its first-quarter net income of 302.5 billion won (US$228.6 million), up 37.3 percent from a year earlier.The company said in a regulatory filing that operating income for the January-Mar
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  (2nd LD) Job additions slow in April amid higher borrowing rate, economic slowdown

  (ATTN: UPDATES with details throughout; ADDS photo)By Kang Yoon-seungSEJONG, May 10 (Yonhap) -- South Korea's job additions slowed in April after a brief rebound a month earlier, data showed Wednesday, amid higher borrowing costs and an economic
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  (LEAD) Coupang logs profit in Q1 on improved sales

  (ATTN: UPDATES lead; ADDS more info throughout)SEOUL, May 10 (Yonhap) -- Coupang Inc. said Wednesday it racked up a profit in the first quarter and posted a record-high quarterly net revenue and gross profit, thanks to the company's operational i
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  (LEAD) S. Korea's current account returns to surplus in March

  (ATTN: CHANGES headline, lead: ADDS more details in last 2 paras)SEOUL, May 10 (Yonhap) -- South Korea logged a current account surplus in March as dividend payments from overseas increased amid an extended slump in exports, central bank data showed
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  (LEAD) Job additions slow in April amid higher borrowing rate, economic slowdown

  (ATTN: RECASTS headline, lead; UPDATES with details throughout)By Kang Yoon-seungSEJONG, May 10 (Yonhap) -- South Korea's job additions slowed in April after a brief rebound a month earlier, data showed Wednesday, amid higher borrowing costs and
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  Coupang logs profit in Q1 on improved sales

  SEOUL, May 10 (Yonhap) -- Coupang Inc. said Wednesday it racked up a profit in the first quarter thanks to the company's operational improvement and increased sales.The net profit of South Korea's top e-commerce retailer reached US$90.9 milli
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  Samsung Electronics stays atop S. Korea's top 500 firms' list

  SEOUL, May 10 (Yonhap) -- Global tech behemoth Samsung Electronics Co. remained South Korea's largest company by sales in 2022, with 42 businesses newly making the country's top 500 firms' list, a corporate tracker said Wednesday.Samsung
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  S. Korea logs current account surplus in March

  SEOUL, May 10 (Yonhap) -- South Korea logged a current account surplus in March as a goods account deficit and dividend payments overseas narrowed amid an extended slump in exports, central bank data showed Wednesday.The country's current account
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  Job additions fall in April amid higher rate, economic slowdown

  SEJONG, May 10 (Yonhap) -- South Korea's job additions fell in April after a brief rebound a month earlier, data showed Wednesday, amid higher borrowing costs and an economic slowdown.The number of employed people came to 29.23 million in April,
• (URGENT) 354,000 jobs added on-year in April: data

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  (URGENT) S. Korea logs current account surplus of US$270 mln in March: BOK

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• Top headlines in major S. Korean newspapers

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  SEOUL, May 10 (Yonhap) -- The following are the top in major South Korean newspapers on May 10.Korean-language dailies-- Professor says Yoon's 'one-sided diplomacy' reminds him of neoconservative (Kyunghyang Shinmun)-- S. Korea says upco
• 5 firms to recall over 220,000 vehicles over faulty parts

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  SEOUL, May 10 (Yonhap) -- Hyundai Motor Co., Mercedes-Benz Korea and three other companies will voluntarily recall more than 220,000 vehicles to fix faulty components, the transport ministry said Wednesday.The companies, including Kia Corp., GM Korea
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  Jeju Air shifts to net profit in Q1 as travel demand recovers

  SEOUL, May 9 (Yonhap) -- Jeju Air Co., South Korea's biggest budget carrier, said Tuesday it shifted to a net profit in the first quarter from a year earlier on recovering travel demand amid eased COVID-19 curbs.In the three months ended in March