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NK’s economic growth is ‘temporary’ thanks to Russia-Ukraine war, study says

People look around the National Garment and Footwear Exhibition in Pyongyang, Oct. 21. AP-Yonhap North Korea’s recent economic growth in the 3 percent range was a “temporary war windfall” from the Russia-Ukraine war that would potentially lead to reduced domestic consumption, according to an analysis released by a think tank run by South Korea’s spy…

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Hanwha Life, Hyundai Steel, Lotte Shopping among 151 firms flagged for persistently low valuations

A stock ticker at Hana Bank’s headquarters in Seoul shows the benchmark KOSPI closing at 5,730.74, down 3.48 percent from the previous session, Friday. Yonhap Hanwha Life Insurance, Hyundai Steel and Lotte Shopping are among 151 companies publicly flagged by the Korea Exchange for their persistently low valuations. The bourse operator revealed the list Sunday…

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Samsung chairman highlights chip packaging, visits Japanese unit

Samsung Electronics Executive Chairman Lee Jae-yong, center, examines materials during his visit to Advanced Package Lab in Yokohama, Japan, Sunday. Courtesy of Samsung Electronics Samsung Electronics Executive Chairman Lee Jae-yong visited the company’s semiconductor advanced packaging technology laboratory in Japan, Sunday, pledging to continue expanding its research workforce there and develop the lab into a…

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