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• Hyundai Motor Q1 net profit up 92.4 pct to 3.41 tln won

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  SEOUL, April 25 (Yonhap) -- Hyundai Motor Co. on Tuesday reported its first-quarter net income of 3.41 trillion won (US$2.6 billion), up 92.4 percent from a year earlier.The company said in a regulatory filing that it posted 3.59 trillion won in oper
• Hyundai, SK On to build 6.5 tln-won EV battery plant in U.S.

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  SEOUL, April 25 (Yonhap) -- Hyundai Motor Group said Tuesday it will join hands with SK Group's battery unit SK On to invest 6.5 trillion won (US$4.9 billion) to build an electric vehicle (EV) battery plant in the United States.Under a 50:50 join
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  S. Korea's antitrust regulator adds 8 more biz groups to watchlist

  By Kang Yoon-seungSEOUL, April 25 (Yonhap) -- South Korea's antitrust regulator said Tuesday it has decided to add eight more business groups to the list of conglomerates subject to tighter supervision, including secondary battery materials maker
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  S. Korea's seaport cargo down 2.2 pct in Q1 amid global economic slowdown

  SEOUL, April 25 (Yonhap) -- Cargo processed at South Korean seaports fell 2.2 percent on-year in the first quarter due to sagging global trade and an economic slowdown, the oceans ministry said Tuesday.Cargo handled at the country's ports nationw
• Hyundai Development turns to black in Q1

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  SEOUL, April 25 (Yonhap) -- Hyundai Development Co. on Tuesday reported its first-quarter net income of 40.4 billion won (US$30.2 million), swinging from a loss of 75.6 billion won a year earlier.Operating profit for the January-March period was 50.1
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  Retail sales up 6.4 pct in March on growing outdoor activities

  SEOUL, April 25 (Yonhap) -- Retail sales in South Korea rose 6.4 percent on-year in March as people's growing outdoor activities boosted demand for fashion and other items, the industry ministry said Tuesday.The combined sales of 25 major offline
• Hanwha Systems Q1 net income up 1645.2 pct to 184.9 bln won

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  SEOUL, April 25 (Yonhap) -- Hanwha Systems Co. on Tuesday reported its first-quarter net income of 184.9 billion won (US$138.7 million), up 1645.2 percent from a year earlier.The company said in a regulatory filing that operating income for the Janua
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  S. Korea sends delegation to Sweden, Norway for talks on economy, biz ties

  SEOUL, April 25 (Yonhap) -- South Korea sent an economic delegation, including officials from Samsung Electronics Co. and other major firms, to Sweden and Norway this week to explore ways to boost cooperation on supply chains and future industries wi
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  S. Korea to expand scope of co-projects with World Bank to cover digital tech

  By Kang Yoon-seungSEOUL, April 25 (Yonhap) -- South Korea will seek to expand the scope of projects backed by its joint fund with the World Bank to cover digital technologies and emerging sectors, the vice finance minister said Tuesday.The announceme
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  LG Energy Solution to invest 600 bln won for 'mother line' at Ochang battery plant

  By Kim Seung-yeon SEOUL, April 25 (Yonhap) -- LG Energy Solution Ltd. said Tuesday it is investing 600 billion won (US$450 million) to build a "mother" production line in its main battery manufacturing complex in the country's south,
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  (2nd LD) S. Korean economy avoids recession in Q1; outlook dims amid weak exports

  (ATTN: ADDS more details in last 3 paras)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, central bank data showed Tuesday.The economy grew 0
• Samsung Card Q1 net profit down 9.5 pct to 145.5 bln won

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  SEOUL, April 25 (Yonhap) -- Samsung Card Co. on Tuesday reported its first-quarter net profit of 145.5 billion won (US$109.4 million), down 9.5 percent from a year earlier.The company said in a regulatory filing that operating income for the January-
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  (LEAD) S. Korean economy avoids recession in Q1; outlook dims amid weak exports

  (ATTN: ADDS more details in paras 8-11)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, central bank data showed Tuesday.The economy grew 0.3
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  S. Korean economy avoids recession in Q1; outlook dims amid weak exports

  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, central bank data showed Tuesday.The economy grew 0.3 percent in the January-March period fr
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  (URGENT) S. Korea's GDP grows 0.3 pct in Q1: BOK data

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• Top headlines in major S. Korean newspapers

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  SEOUL, April 25 (Yonhap) -- The following are the top in major South Korean newspapers on April 25.Korean-language dailies-- Yoon embarks on state visit to U.S. after controversial remarks about Japan's colonial past (Kyunghyang Shinmun)-- '
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  U.S. calls on S. Korean firms to ensure exports to U.S. not involve Uyghur forced labor

  SEOUL, April 24 (Yonhap) -- U.S. customs officials called on South Korean companies Monday for close monitoring of their supply chains to ensure their products exported to the United States do not involve China's Xinjiang region in light of a new
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  (LEAD) Samsung Biologics Q1 net income falls due to one-off factor

  (ATTN: ADDS more details throughout)SEOUL, April 24 (Yonhap) -- Samsung Biologics Co., the biotech arm of South Korea's Samsung Group, on Monday reported its first-quarter net profit fell slightly due to a one-off factor stemming from a takeover
• Woori Financial Group's net profit up 8.6 pct on-year in Q1 on increased interest income

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  SEOUL, April 24 (Yonhap) -- Major South Korean financial holding firm Woori Financial Group Inc. said Monday its net profit rose 8.6 percent in the first quarter from a year earlier thanks largely to higher interest income and cost-cutting efforts.Ne
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  (LEAD) S. Korea to up budget on countering drug trafficking

  (ATTN: UPDATES with more details in last 2 paras, photo)By Kang Yoon-seungSEJONG, April 24 (Yonhap) -- South Korea's finance ministry said Monday it plans to "sufficiently" reflect the country's efforts to root out drug traffickin