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Foreign currency deposits down for 4th month in April

SEOUL, May 24 (Yonhap) -- Foreign currency deposits declined for the fourth straight month in April as companies withdrew part of U.S. dollar-denominated deposits amid the weakening won, central bank data showed Friday.Residents' outstanding fore
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Trilateral summit's statement to possibly include resolution of N. Korea's abduction: sources

SEOUL, May 24 (Yonhap) -- South Korea is in talks with China and Japan to try to include a clause calling for the resolution of North Korea's abduction and detention of South Korean nationals in a joint statement from their trilateral summit next
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(LEAD) Embattled popera star Kim Ho-joong says 'sincerely sorry' ahead of arrest warrant hearing

(ATTN: UPDATES throughout with attendance; REPLACES photo)SEOUL, May 24 (Yonhap) -- Embattled popera star Kim Ho-joong attended a court hearing held Friday to determine whether to issue an arrest warrant for him on charges of ramming into a taxi whil
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Gov't presses trainee doctors who left worksites to return to hospitals

SEOUL, May 24 (Yonhap) -- The health ministry on Friday pressed trainee doctors who left their worksites to go back to hospitals, saying their return is the "starting point" to resolve the protracted standoff over the government's med
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Hybe official questioned over suspected breach of duty involving creator of NewJeans

SEOUL, May 24 (Yonhap) -- Police have questioned an official from Hybe, the biggest K-pop powerhouse and home to BTS, in connection with a breach of duty accusation the firm raised against the head of subsidiary ADOR.The Yongsan Police Station in Seo
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Rival parties wrangle over passing pension reform plan next week

SEOUL, May 24 (Yonhap) -- The ruling and main opposition parties wrangled Friday over how to reform the national pension scheme as the opposition leader called for passing a reform plan next week.The ruling People Power Party (PPP) and the main oppos
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U.S. says working toward 'mutually acceptable' defense cost sharing deal with S. Korea

By Kim Seung-yeon SEOUL, May 24 (Yonhap) -- The United States is working with South Korea to reach a "mutually acceptable" agreement in their negotiations on sharing the cost of stationing its troops in South Korea, its delegation for the
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N. Korean parliamentary leader meets Russian delegation: KCNA

SEOUL, May 24 (Yonhap) -- The chairman of North Korea's Supreme People's Assembly met with a visiting Russian delegation in Pyongyang earlier this week, North Korea's state media reported Friday, the latest in a series of deepening exchan
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Gov't to reduce tariffs on fresh food imports to curb inflation

SEOUL, May 24 (Yonhap) -- The finance ministry on Friday warned of uncertainties regarding inflation and vowed preemptive steps by extending tariff quota reduction on imports of agricultural products and boosting government reserves."Prices of
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S. Korea slaps sanctions on 7 N. Koreans, 2 Russian ships for illegal arms, fuel trade with Russia

By Kim Seung-yeon SEOUL, May 24 (Yonhap) -- South Korea imposed Friday independent sanctions on seven North Koreans and two Russian vessels for engaging in illicit weapons and fuel trade with Russia and other activities in violation of U.N. sanctions
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S. Korea to stage Taegeuk military drills next week amid N.K. threats

SEOUL, May 24 (Yonhap) -- South Korea's military will stage its annual computer-simulated Taegeuk exercise next week in an effort to strengthen its readiness against North Korean military threats, the Joint Chiefs of Staff (JCS) said Friday.The t
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Popera star Kim Ho-joong to attend arrest warrant hearing over DUI hit-and-run

SEOUL, May 24 (Yonhap) -- Embattled popera star Kim Ho-joong was to attend a court hearing Friday to determine whether to issue an arrest warrant for him on charges of ramming into a taxi while driving under the influence and fleeing the scene. The h
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Arms agency chief visits Saudi Arabia, Romania for talks on defense cooperation

SEOUL, May 24 (Yonhap) -- South Korea's arms procurement agency chief has visited Saudi Arabia and Romania for talks on expanding defense industry cooperation, his office said Friday, amid Seoul's push to clinch more arms export deals.Seok Jo
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Moon says Korean Peninsula in 'crisis phase,' calls for efforts to solidify peace values

By Song Sang-hoWASHINGTON, May 23 (Yonhap) -- Former South Korean President Moon Jae-in said Thursday the security situation on the Korean Peninsula is in a "crisis" phase where military conflicts could flare up "at any moment,&quo
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2 hospitalized after fire erupts at LG Twin Tower in Seoul

SEOUL, May 24 (Yonhap) -- A fire broke out at the LG Twin Tower in Seoul early Friday, leaving two people hospitalized, officials said. The blaze occurred on the 27th floor of the 34-story building in Seoul's Yeouido district at 1:32 a.m., accord
Friday's weather forecast

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SEOUL, May 24 (Yonhap) -- The following is the for South Korea's 12 major cities at 9:01 a.m. Friday.Temperature (C)ConditionPossibilityHigh/Lowof Rain (%)Seoul25/16Cloudy30Incheon22/15Cloudy30Suwon25/14Cloudy30Cheongju28/16Cloudy30Daejeon28/14C
Top headlines in major S. Korean newspapers

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SEOUL, May 24 (Yonhap) -- The following are the top in major South Korean newspapers on May 24.Korean-language dailies-- Inflation-adjusted household income falls amid high inflation (Kyunghyang Shinmun)-- S. Korea unveils 26 tln-won support package
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Chipmaking sector expected to enjoy longer-than-expected boom: BOK report

SEOUL, May 24 (Yonhap) -- The chipmaking sector's upside cycle may last into the first half of next year and possibly beyond that time, giving a boost to the country's exports, a report from the Bank of Korea said Friday.The global chipmaking
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S. Korea to hold rotating presidency of U.N. Security Council next month

By Song Sang-ho and Lee Ji-heonWASHINGTON/NEW YORK, May 23 (Yonhap) -- South Korea will undertake the rotating presidency of the U.N. Security Council (UNSC) next month for the first time in a decade, Seoul's top envoy to the U.N. said Thursday,
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Chances of N. Korea becoming ITF member unlikely for now: secretary general

By Chang Dong-woo LEIPZIG, Germany, May 23 (Yonhap) -- Chances of North Korea becoming a member of the International Transport Forum (ITF) appear to be impossible for now due to likely opposition from its members, the chief of the inter-organizationa