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BOK sees increasing risks in short-term financing to construction projects

SEOUL, June 26 (Yonhap) -- The Bank of Korea (BOK) said Wednesday that risks on short-term financing to construction projects have grown due to a slump in property markets and rising costs of construction materials.In a report, the BOK said the total
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(LEAD) N. Korea holds mass anti-U.S. rallies to mark Korean War anniversary

(ATTN: CHANGES headline, lead; UPDATES with more info)SEOUL, June 26 (Yonhap) -- North Korea has held anti-U.S. rallies across the country to mark this week's anniversary of the outbreak of the 1950-53 Korean War, state media reported Wednesday.M
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FSS chief urges change to corporate governance, enhanced shareholders' rights

SEOUL, June 26 (Yonhap) -- The chief of South Korea's financial watchdog on Wednesday called for a change to the way large local businesses are managed, also stressing the need to promote shareholders' rights.Lee Bok-hyun, head of the Financi
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3 battery factory officials booked over deadly fire

SEOUL, June 26 (Yonhap) -- Three officials at lithium battery maker Aricell were booked Wednesday for allegedly violating the industrial safety laws in connection with this week's deadly factory fire that claimed 23 lives, labor authorities said.
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(URGENT) N.K. missile explodes mid-air: military official

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Presidential office convenes security assessment meeting following N.K. missile launch

SEOUL, June 26 (Yonhap) -- The presidential office convened a security situation assessment meeting on Wednesday to discuss North Korea's latest ballistic missile launch. Yin Sung-hwan, the second deputy national security adviser, presided over t
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N. Korea launches some 250 trash-carrying balloons overnight: JCS

SEOUL, June 26 (Yonhap) -- North Korea has launched more than 250 trash-carrying balloons toward South Korea overnight, Seoul's military said Wednesday, marking the sixth launch of such balloons since late last month.Some 100 balloons, mostly car
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S. Korea to allow foreign investors' Korean won overdrafts, ease FX regulations

SEOUL, June 26 (Yonhap) -- South Korea will allow offshore investors' overdrafts of the Korean currency over the course of foreign exchange transactions and will ease relevant regulations in an effort to improve their access to bond trading and p
Wednesday's weather forecast

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SEOUL, June 26 (Yonhap) -- The following is the for South Korea's 12 major cities at 9:01 a.m. Wednesday.Temperature (C)ConditionPossibilityHigh/Lowof Rain (%)Seoul30/19Sunny0Incheon27/20Sunny0Suwon29/17Sunny0Cheongju30/19Sunny0Daejeon30/18Sunny
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U.S. condemns N. Korea's missile launch, calls for return to dialogue

By Song Sang-hoWASHINGTON, June 25 (Yonhap) -- The United States on Tuesday condemned North Korea's ballistic missile launch this week as a violation of U.N. Security Council resolutions and renewed calls for the recalcitrant regime to return to
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Son Heung-min's father, coaches face child abuse allegations

CHUNCHEON, South Korea, June 26 (Yonhap) -- Son Woong-jung, the father of South Korean football star Son Heung-min and director of his namesake football academy, and two of his coaches have been accused of verbal and physical abuse of a young athlete
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Flights disrupted at Incheon Int'l Airport for 3 hrs due to N. Korean balloon campaign

SEOUL, June 26 (Yonhap) -- Domestic and international flights were suspended or delayed for about three hours at Incheon International Airport on Wednesday due to North Korea's resumed trash-carrying balloon campaign, officials said.On Tuesday ni
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N. Korea holds mass anti-U.S. rally to mark Korean War anniversary

SEOUL, June 26 (Yonhap) -- North Korea has held a mass anti-U.S. rally in Pyongyang to mark this week's anniversary of the outbreak of the 1950-53 Korean War, state media reported Wednesday.More than 100,000 people attended the rally held at the
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(2nd LD) N. Korea's launch of ballistic missile apparently fails: JCS

(ATTN: CHANGES headline, lead; UPDATES throughout with details)By Chae Yun-hwanSEOUL, June 26 (Yonhap) -- North Korea fired a ballistic missile toward the East Sea on Wednesday, but the launch apparently failed, South Korea's military said, after
Top headlines in major S. Korean newspapers

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SEOUL, June 26 (Yonhap) -- The following are the top in major South Korean newspapers on June 26.Korean-language dailies-- Another fire broke out on 1st floor two days before deadly lithium battery plant fire (Kyunghyang Shinmun)-- Wholesalers take
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(URGENT) N.K. launch of unidentified ballistic missile appears to have failed: S. Korean military

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(LEAD) N. Korea fires ballistic missile toward East Sea: S. Korean military

(ATTN: CHANGES lead para; UPDATES throughout with details; ADDS byline)By Chae Yun-hwanSEOUL, June 26 (Yonhap) -- North Korea fired an unidentified ballistic missile toward the East Sea on Wednesday, South Korea's military said, amid heightened t
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Banks' net income from overseas business jumps 34 pct on-year in 2023

SEOUL, June 26 (Yonhap) -- South Korean banks' net income from overseas business jumped more than 34 percent from a year earlier in 2023, data showed Wednesday.The combined net income of domestic banks' overseas operations came to US$1.33 bil
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N. Korea fires ballistic missile toward East Sea: S. Korean military

SEOUL, June 26 (Yonhap) -- North Korea fired an unidentified ballistic missile toward the East Sea on Wednesday, South Korea's military said.The Joint Chiefs of Staff said it detected the launch but gave no further details, saying an analysis is
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Pentagon spokesperson raises possibility of N.K. troops becoming 'cannon fodder' if sent to Ukraine

By Song Sang-hoWASHINGTON, June 25 (Yonhap) -- A Pentagon spokesperson on Tuesday floated the possibility of North Korean troops becoming "cannon fodder" should they be sent to fight alongside Russian forces in Ukraine.Pentagon Press Secr