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Court refuses injunction on medical school expansion
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Rare mid-May heavy snow warning issued over mountainous areas of Gangwon
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Police raid popera singer Kim Ho-joong's house over hit-and-run suspicions
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Trump may like to 'solve' N. Korean nuclear problem if reelected: ex-official
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New Seoul High Prosecutors’ Office chief vows full-fledged probe into first lady
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Samsung Heavy suffers Q2 operating loss on restructuring costs
[THE INVESTOR] Ailing shipyard Samsung Heavy Industries posted an operating loss of 283.7 billion won (US$253.18) in the April-June period, mainly because of workforce restructuring costs, the company said in its quarterly earnings report on July 29. The fall, however, is an improvement from 1.54 trillion won loss a year earlier, up by 81.7 percent. Samsung Heavy Industries' shipyard.For the second quarter, the Samsung affiliate logged net loss of 212.4 billion won, narrowing the loss from 1.15
July 29, 2016
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Hanwha to wholly own defense affiliate
[THE INVESTOR] Hanhwa Techwin announced on July 29 that it will acquire 13.5 million shares of France’s Thales International in its affiliate Hanwha Thales for 288 billion won (US$253.95 million). The due date for acquisition is Nov. 23, making it the sole owner. The French defense giant has decided to sell its 50 percent stake in the defense electronics joint venture Hanwha Group acquired from Samsung last year. Hanwha Techwin, an aircraft engine manufacturer, and Hanwha Thales are two of the f
July 29, 2016