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  POSCO International posts record operating profit in 2025 SEOUL, January 29 (AJP) - POSCO International said on Thursday that its consolidated operating profit rose 4.3 percent in 2025 from a year earlier to a record 1.17 trillion won, supported by stronger results from its energy and food businesses. Revenue edged up to 32.37 trillion won, while net profit climbed 26.5 percent to 636.8 billion won, the company said in a regulatory filing. The company has reported operating profit of more than 1 trillion won for three consecutive ye January 29, 2026
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  Model Solution to Exhibit at MD&M West 2026 in Anaheim Model Solution said Wednesday it will take part in Medical Design & Manufacturing West 2026 (MD&M West), a medical-device trade show running Feb. 3-5 in Anaheim, California. MD&M West is North America’s largest specialized exhibition covering medical-device design, manufacturing and engineering. Medtech companies and medical-device manufacturers and supply-chain officials from around the world attend to share technology trends and industry developments. Model Solution is an af January 29, 2026
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  KOSPI Tops 5,200 for First Time South Korea’s benchmark KOSPI index topped 5,200 points for the first time, extending a rally into a third straight session after closing above 5,000 on Jan. 27. According to the Korea Exchange, the index rose 2.61 points, or 1.40%, from the previous session to trade at 5,243.42 shortly after the open, pushing past the 5,200 mark.* This article has been translated by AI. January 29, 2026
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  South Korea’s Kospi Opens Up 1.40% to 5,243.42; Kosdaq Rises 1.76% South Korea’s Kospi opened up 72.61 points, or 1.40%, at 5,243.42. The Kosdaq opened up 19.91 points, or 1.76%, at 1,153.43.* This article has been translated by AI. January 29, 2026
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  SK Securities Raises Samsung C&T Target Price on Earnings, Shareholder Returns Outlook SK Securities said Wednesday it raised its target price for Samsung C&T to 370,000 won from 350,000 won, citing improving results and the likelihood of stronger shareholder returns. It maintained its “buy” rating. Choi Kwan Soon, an analyst at SK Securities, said Samsung C&T’s revenue fell 3.2% last year, but the firm forecasts revenue of 44.5 trillion won this year, up 9.3%. He said the goal is achievable given rising orders in the construction unit’s high-tech segment and higher utiliza January 29, 2026
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  Gwangju Police Book 50-Something Woman for Drunk Driving After Red-Light Violation Gwangju Bukbu Police Station said Thursday it booked a woman in her 50s, identified only as A, on suspicion of driving under the influence in violation of the Road Traffic Act. Police said she is accused of driving about 2 kilometers while intoxicated, leaving a restaurant in Yongbong-dong, Buk-gu, at about 4 p.m. Wednesday and heading to an area near the Unam 2-dong Administrative Welfare Center. Officers said she ran a red light while driving through an intersection and was caught by ne January 29, 2026
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  Auction to Shut Down Secondhand Marketplace Service After 25 Years Auction’s secondhand marketplace, a service credited with helping shape South Korea’s online used-goods trade, will shut down after 25 years as mobile-first rivals dominate the market. According to the industry on Wednesday, Auction will end both the used-goods section on its website and its used-goods marketplace app starting March 31. New item listings in the app will stop first, on Feb. 26. An Auction official said the company decided to close the service to reassign staff and res January 29, 2026
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  U.S. Treasury chief: No trade deal with South Korea until National Assembly approves U.S. Treasury Secretary Scott Bessent said there will be no trade agreement with South Korea until its National Assembly approves it. Bessent made the remarks in a CNBC interview on Tuesday local time when asked whether President Donald Trump was raising tariffs on South Korea because it had not approved a trade deal. His comments came as Trump has warned he could restore higher tariffs, citing delays in the National Assembly’s passage of a “special law on investment in the United Stat January 29, 2026
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  Dispute Grows Over Proposed South Jeolla-Gwangju Administrative Merger Controversy over a proposed administrative merger between South Jeolla Province and the city of Gwangju is spreading across the region. The Samhyang-eup Council of Local Institutions and Social Groups in Muan County said the recent merger agreement between the provincial government and Gwangju was “a rushed deal” that “gave up South Jeolla’s interests.” In a statement released Jan. 28, the council criticized an announcement that South Jeolla Gov. Kim Young Rok and Gwangju Mayor Kang Ki January 29, 2026
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  Hyundai Motor Breaks Ground on Immersive Safety Experience Center at Ulsan Plant Hyundai Motor has broken ground on an immersive safety experience center to be built at its Ulsan plant. The automaker said Wednesday it held a groundbreaking ceremony Tuesday at the Ulsan plant with about 200 labor and management representatives in attendance, including Choi Young Il, head of domestic production and chief safety and health officer; Jung Won Dae, vice president in charge of production support; and union leaders Lee Jong Cheol and Lee Chang Min. Set to open in the second h January 29, 2026