S. Korea's home rental prices jump in April

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SEOUL (Yonhap) - South Korea's home rental prices jumped at the fastest pace in more than eight years in April due to a supply shortage and high demand, data showed Monday, stocking concerns about

Wage hikes at major firms reach 5 percent: ministry

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SEOUL (Yonhap) - Wage hikes agreed upon at domestic private and public enterprises this year averaged 5 percent as of April, up 0.4 percentage points from the same period of last year, the labor mi

S. Korea's share in U.N. procurement market falls

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SEOUL (Yonhap) - South Korea's share of the United Nations procurement market is dropping despite its growing financial contribution to the world body, the trade ministry said Monday, apparently as

Seoul shares open lower on U.S. losses

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SEOUL (Yonhap) - South Korean stocks began sharply lower on Monday as investor sentiment was dampened by Friday's falls in U.S. stock markets, analysts said.

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