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• Samsung SDI Q2 net income up 18.7 pct to 485.8 bln won

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  SEOUL, July 27 (Yonhap) -- Samsung SDI Co. on Thursday reported its second-quarter net income of 485.8 billion won (US$381.2 million), up 18.7 percent from a year earlier.The company said in a regulatory filing that operating profit for the April-Jun
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  S. Korea to monitor volatility in finance sector amid Fed's rate hike

  By Kang Yoon-seungSEOUL, July 27 (Yonhap) -- Finance Minister Choo Kyung-ho said Thursday he will closely monitor potential volatility in the financial sector following the latest U.S. Federal Reserve rate hike, which pushed the gap between the two c
• Top headlines in major S. Korean newspapers

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  SEOUL, July 27 (Yonhap) -- The following are the top in major South Korean newspapers on July 27.Korean-language dailies-- Presidential office to tighten regulations on road occupation, nighttime rallies (Kyunghyang Shinmun)-- Returning after 73 yea
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  S. Korea's World Expo bid is an effort to contribute to humanity beyond economic gains: KCCI chief

  By Kim Seung-yeonSEOUL, July 27 (Yonhap) -- The World Expo is not just about creating a huge economic effect for the host country but also serving as a new platform to explore solutions to various common challenges faced by the world today, the chief
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  (LEAD) U.S. Fed raises key rate by 25 basis points to highest level since 2001

  (ATTN: UPDATES with more details, additional information; CHANGES headline)WASHINGTON, July 26 (Yonhap) -- The U.S. Federal Reserve on Wednesday raised its benchmark lending rate by a quarter percentage point, sending it to the highest level since 20
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  U.S. Fed raises key rate by 25 basis points after rate freeze month before

  WASHINGTON, July 26 (Yonhap) -- The U.S. Federal Reserve on Wednesday raised its benchmark lending rate by a quarter percentage point, sending it to the highest level since 2001.The rise increases the key rate to a range between 5.25 percent and 5.5
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  (URGENT) U.S. Fed raises key rate by 25 basis points after rate freeze month before

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• Nexturnbioscience to raise 1 bln won via stock offering

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  SEOUL, July 26 (Yonhap) -- Nexturnbioscience Co.on Wednesday announced that it will sell stock to raise 1 billion won (US$784,620). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the c
• Gennbio to raise 16 bln won via stock sale

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  SEOUL, July 26 (Yonhap) -- Gennbio Inc.on Wednesday announced that it will sell stock to raise 16 billion won (US$12.6 million). The proceeds from the stock offering will be used primarily to pay off its debts.According to a regulatory filing, the co
• BNK Financial Group Q2 net income down 10.3 pct to 214.9 bln won

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  SEOUL, July 26 (Yonhap) -- BNK Financial Group Inc. on Wednesday reported its second-quarter net profit of 214.9 billion won (US$168.7 million), down 10.3 percent from a year earlier.The company said in a regulatory filing that it posted 279.6 billio
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  (2nd LD) Hyundai ups annual earnings guidance as Q2 operating profit soars

  (ATTN: UPDATES with details throughout; CHANGES headline and lead; ADDS 1st photo)SEOUL, July 26 (Yonhap) -- South Korea's Hyundai Motor Co. on Wednesday raised its annual sales and profit guidance for the year after reporting a record operating
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  (LEAD) Samsung C&T Q2 net up 9.8 pct despite weak sales

  (ATTN: RECASTS headline, lead, paras 2-3; ADD more details from para 4, image)SEOUL, July 26 (Yonhap) -- South Korea's top builder Samsung C&T Corp. said Wednesday its second-quarter earnings rose nearly 10 percent on-year despite decreased sales
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  (LEAD) Samsung Biologics Q2 net profit up over 21 pct on big deals

  (ATTN: RECASTS headline, lead; UPDATES throughout with more info; ADDS photo)SEOUL, July 26 (Yonhap) -- Samsung Biologics Co. on Wednesday reported its second-quarter net profit jumped more than 21 percent from a year earlier largely thanks to large-
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  (LEAD) S. Korea, Africa discuss enhanced trade, industry ties

  (ATTN: CHANGES photo)SEOUL, July 26 (Yonhap) -- South Korea's trade chief met with the chief of the African free trade area secretariat on Wednesday and discussed ways to strengthen bilateral economic cooperation and create more joint business ch
• Samsung C&T Q2 net income up 9.8 pct to 694.7 bln won

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  SEOUL, July 26 (Yonhap) -- Samsung C&T Corp. on Wednesday reported its second-quarter net income of 694.7 billion won (US$545.1 million), up 9.8 percent from a year earlier.The company said in a regulatory filing that operating profit for the April-J
• Samsung Biologics Q2 net profit up 21.6 pct to 184.9 bln won

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  SEOUL, July 26 (Yonhap) -- Samsung Biologics Co. on Wednesday reported its second-quarter net profit of 184.9 billion won (US$145.1 million), up 21.6 percent from a year earlier.The company said in a regulatory filing that it posted 253.4 billion won
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  (2nd LD) Hyundai Steel Q2 net dips 48.2 pct on weak sales

  (ATTN: UPDATES with share price at bottom)SEOUL, July 26 (Yonhap) -- Hyundai Steel Co., South Korea's No. 2 steelmaker, said Wednesday its second-quarter earnings tumbled more than 48 percent on-year on sluggish sales.Consolidated net profit came
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  Gov't to focus on stable supply of agricultural goods amid heavy rain

  By Kang Yoon-seungSEOUL, July 26 (Yonhap) -- South Korea plans to focus on maintaining a stable supply of agricultural products to address the growing concerns over a hike in consumer prices following heavy rains, the finance ministry said Wednesday.
• HL Mando Q2 net profit up 26 pct to 48.9 bln won

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  SEOUL, July 26 (Yonhap) -- HL Mando Co. on Wednesday reported its second-quarter net profit of 48.9 billion won (US$38.4 million), up 26 percent from a year earlier.Operating profit for the April-June period was 77 billion won, up 68.5 percent from a
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  (3rd LD) SK hynix flags losses for 3rd consecutive quarter, sees market bottoming out

  (ATTN: ADDS share price at bottom)SEOUL, July 26 (Yonhap) -- SK hynix Inc. said Wednesday it logged losses for three quarters in a row as a demand slump continued amid macroeconomic woes, but it called the bottom on the chip market.The world's se