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(EDITORIAL from Korea JoongAng Daily on July 25)

President Yoon Suk Yeol and the new leader of the People Power Party (PPP) had dinner at the presidential office Wednesday. As members of the Supreme Council and three other candidates for the new leadership of the governing party attended the banquet…

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LS Electric Q2 net income down 11.5 pct to 64.6 bln won

LS Electric Co. on Thursday reported its second-quarter net profit of 64.6 billion won (US$46.7 million), down 11.5 percent from a year earlier.

The company said in a regulatory filing that it posted 109.6 billion won in operating profit for the quar…

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Top diplomats of S. Korea, Australia to hold talks next week

Foreign Minister Cho Tae-yul will hold talks with his Australian counterpart, Penny Wong, in Seoul next week to discuss ways to bolster cooperation in defense and other sectors, Seoul’s foreign ministry said Thursday.

The meeting, to be held Tuesday,…

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Hyundai Glovis Q2 net income up 7.7 pct to 313 bln won

Hyundai Glovis Co. on Thursday reported its second-quarter net profit of 313 billion won (US$226 million), up 7.7 percent from a year earlier.

The company said in a regulatory filing that it posted 439.3 billion won in operating profit for the quarte…

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(LEAD) Gov’t vows full support for nuclear reactors deal with Czech Republic

The industry ministry on Thursday pledged governmentwide support for a multibillion-dollar deal with the Czech Republic to build two nuclear reactors in the European nation.

Second Vice Industry Minister Choe Nam-ho made the remark at a meeting with …

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Police seek arrest warrant for driver behind deadly car crash in downtown Seoul

Police sought an arrest warrant for the driver of a car that barreled into pedestrians and killed nine in central Seoul earlier this month, officials said Thursday.

On July 1, the Hyundai Genesis sedan darted in the wrong direction for some 200 meter…

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HD Hyundai Mipo shifts to profits in Q2

HD Hyundai Mipo Co. on Thursday reported its second-quarter net profit of 29 billion won (US$20.9 million), swinging from a loss of 34.9 billion won a year earlier.

Operating profit for the April-June period was 17.4 billion, compared with a loss of …

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POLICE FOIL DRUG SMUGGLING ATTEMPT AT KLIA2

SEPANG, A local man was arrested at Kuala Lumpur International Airport Terminal 2 (KLIA2) last Friday on suspicion of attempting to smuggle drugs worth RM504,000 to Sarawak.

In a press conference here today, KLIA police chief ACP Azman Shari’at said …