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• Top headlines in major S. Korean newspapers

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  SEOUL, April 26 (Yonhap) -- The following are the top in major South Korean newspapers on April 26.Korean-language dailies-- S. Korea, U.S. to stipulate strengthening of nuclear umbrella (Kyunghyang Shinmun)-- Yoon wins 6 tln won of investment in 2
• 4 firms to recall over 17,000 vehicles over faulty parts

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  SEOUL, April 26 (Yonhap) -- GM Korea Co., Honda Motor Co. and two other companies will voluntarily recall more than 17,000 vehicles to fix faulty components, the transport ministry said Wednesday.The companies, including Porsche Korea and Daechang Mo
• Inflation expectations at 11-month low in April

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  SEOUL, April 26 (Yonhap) -- South Korea's inflation expectations fell to the lowest in 11 months in April on a slide in prices of petrochemical goods, a central bank survey showed Wednesday.Ordinary people expected consumer prices to rise 3.7 per
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  Six U.S. advanced technology firms announce plan to invest $1.9 bln in S. Korea

  By Lee Haye-ahWASHINGTON, April 25 (Yonhap) -- Six U.S. advanced technology firms on Tuesday announced plans to invest a combined US$1.9 billion in South Korea in the areas of hydrogen fuel, semiconductors and environment-friendly facilities, South K
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  (2nd LD) Samsung SDI, GM to build US$3 bln EV battery plant in U.S.

  (ATTN: ADDS more info in 8th, last 5 paras)By Kim Seung-yeon SEOUL, April 25 (Yonhap) -- Samsung SDI Co. said Tuesday it is pushing to build an electric vehicle (EV) battery manufacturing facility in the United States in a joint venture with General
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  (LEAD) Samsung SDI, GM to build US$3 bln EV battery plant in U.S.

  (ATTN: UPDATES with more details throughout; ADDS photo, byline)By Kim Seung-yeon SEOUL, April 25 (Yonhap) -- Samsung SDI Co. said Tuesday it is pushing to build an electric vehicle (EV) battery manufacturing facility in the United States in a joint
• Samsung SDI, GM to build US$3 bln EV battery plant in U.S.

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  SEOUL, April 25 (Yonhap) -- Samsung SDI Co. said Tuesday it is pushing to build an electric vehicle battery manufacturing facility in the United States in a joint venture with General Motors Co. The South Korean battery maker unveiled the plan in a r
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  (URGENT) Samsung SDI, GM to build US$3 bln EV battery plant in U.S.

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  (LEAD) Delinquency ratio on bank loans hits 30-month high in February due to rate hikes

  (ATTN: RECASTS headline, lead; ADDS details in 3rd para)SEOUL, April 25 (Yonhap) -- The delinquency ratio on loans extended by banks in South Korea hit a 30-month high in February, as borrowers are under pressure from rate hikes, data showed Tuesday.
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  (2nd LD) Hyundai Motor Q1 net jumps 92 pct on SUVs, increased production

  (ATTN: UPDATES with details throughout; CHANGES headline, lead and photo) SEOUL, April 25 (Yonhap) -- South Korea's Hyundai Motor Co. said Tuesday its first-quarter net profit jumped 92 percent from a year earlier on increased production and an i
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  (3rd LD) S. Korean economy avoids recession in Q1; outlook dims amid weak exports

  (ATTN: ADDS comments by associate economist at Moody's Analytics in paras 10, 16, 19)SEOUL, April 25 (Yonhap) -- South Korea's economy narrowly avoided a recession in the first quarter of the year after a contraction the previous quarter, cen
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  Immigration potential key to solve S. Korea's low birth rate: Nobel laureate

  By Kang Yoon-seungSEOUL, April 25 (Yonhap) -- Turning to immigrant workforces can provide a solution to South Korea's dire population crisis following low birth rates, an economics professor at the University of Chicago said Tuesday.Michael Kreme
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  Work-related deaths at state-run firms down 30 pct in 2022

  SEOUL, April 25 (Yonhap) -- The number of work-related deaths at state-run firms in South Korea fell 30 percent on-year in 2022, the finance ministry said Tuesday, on the back of the government's efforts to bolster safety measures.Local state-run
• Hyundai Wia Q1 net profit up 0.1 pct to 13.3 bln won

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  SEOUL, April 25 (Yonhap) -- Hyundai Wia on Tuesday reported its first-quarter net income of 13.3 billion won (US$10 million), up 0.1 percent from a year earlier.Operating profit for the January-March period was 50.9 billion won, down 1 percent from a
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  (2nd LD) Hyundai, SK On to build 6.5 tln-won EV battery plant in U.S.

  (ATTN: UPDATES with details throughout)SEOUL, April 25 (Yonhap) -- Hyundai Motor Group said Tuesday it will build a 6.5 trillion-won (US$4.9 billion) electric vehicle (EV) battery plant in the United States with SK Group's battery unit SK On.Hyun
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  S. Korea's Q1 exports sink 12.6 pct on weak chip demand

  SEOUL, April 25 (Yonhap) -- South Korea's exports dipped nearly 13 percent in the first quarter of 2023 due largely to sluggish chip shipments, a trade body said Tuesday.Overseas shipments stood at US$151.5 billion in the January-March period, do
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  Delinquency ratio on bank loans up in February due to rate hikes

  SEOUL, April 25 (Yonhap) -- The delinquency ratio on loans extended by banks in South Korea rose in February from a month earlier as borrowers are under pressure from rate hikes, data showed Tuesday. The delinquency ratio on banks' won-denominate
• Oci Q1 net income up 59.1 pct to 213.4 bln won

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  SEOUL, April 25 (Yonhap) -- Oci Co. on Tuesday reported its first-quarter net profit of 213.4 billion won (US$159.8 million), up 59.1 percent from a year earlier.The company said in a regulatory filing that it posted 203.6 billion won in operating pr
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  (LEAD) Hyundai Motor Q1 net jumps 92 pct on weak won, SUVs

  (ATTN: RECASTS throughout; ADDS photo) SEOUL, April 25 (Yonhap) -- South Korea's Hyundai Motor Co. said Tuesday its first-quarter net profit jumped 92 percent from a year earlier on a weak won and an improved product mix.Net profit for the three
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  (LEAD) Hyundai, SK On to build 6.5 tln-won EV battery plant in U.S.

  (ATTN: UPDATES with details in last 5 paras; ADDS photo) SEOUL, April 25 (Yonhap) -- Hyundai Motor Group said Tuesday it will build a 6.5 trillion-won (US$4.9 billion) electric vehicle (EV) battery plant in the United States with SK Group's batte