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Seoul shares turn lower late Tue. morning on profit-taking, Mideast uncertainties

SEOUL, May 12 (Yonhap) -- South Korean stocks turned lower late Tuesday morning after opening at a fresh peak of above 7,900 points and almost touching the unprecedented 8,000-point mark, as investors moved to take profit amid woes over little progress in peace talks between the United States and Iran.

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Rival parties seek to woo voters with key campaign pledges ahead of local elections

SEOUL, May 12 (Yonhap) -- Rival parties have unveiled a package of campaign pledges ahead of the local elections, with the ruling Democratic Party (DP) focusing on promoting balanced regional development and artificial intelligence, while the main opposition People Power Party (PPP) is vowing efforts to improve the …

Original report

KOSPI opens again at fresh high of above 7,900 on extended chip rally amid Iran deadlock

SEOUL, May 12 (Yonhap) -- South Korean stocks opened at a fresh record high of above 7,900 points Tuesday, heading toward the unprecedented 8,000-point mark, as major chipmakers continued their bull run, despite woes over little progress in peace talks between the United States and Iran.

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