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(2nd LD) S. Korea calls for 'reasonable' U.S. rules on EV materials supply

(ATTN: UPDATES with Fernandez's comments, more details in paras 9-11; ADDS byline; RESTRUCTURES) By Kim Seung-yeon and Yi Wonju SEOUL, Jan. 31 (Yonhap) -- South Korea called for the United States on Wednesday to come up with "reasonable&qu
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Earthquake hits waters off Jeju Island but no damage

SEOUL, Jan. 31 (Yonhap) -- A 3.8 magnitude earthquake struck waters off the southern island of Jeju on Wednesday but there were no immediate reports of damage. The quake occurred at 5:36 p.m. in waters about 62 kilometers northeast of Ieodo, a submer
(2nd LD) U.S. F-16 fighter crashes off Gunsan; pilot rescued

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(ATTN: ADDS byline, more details in last 3 paras)By Kim Eun-jung and Chae Yun-hwanSEOUL, Jan. 31 (Yonhap) -- A U.S. F-16 fighter jet crashed in waters off South Korea's west coast on Wednesday and the pilot was rescued after ejecting from the air
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(LEAD) S. Korea calls for 'reasonable' U.S. rules on EV materials supply

(ATTN: UPDATES article with outcome of talks; CHANGES photos) By Kim Seung-yeon SEOUL, Jan. 31 (Yonhap) -- South Korea called for the United States on Wednesday to come up with "reasonable" regulations on limiting the sourcing of critical
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PPP pledges to bury railways running through cities underground for urban redevelopment

SEOUL/SUWON, South Korea, Jan. 31 (Yonhap) -- The ruling People Power Party (PPP) said Wednesday it will seek to bury railways running through major cities underground and develop the newly created overland areas into futuristic urban spaces with par
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(LEAD) Seoul shares fall as chipmakers weighed down after Samsung Electronics earnings

(ATTN: ADDS bond yields at bottom)SEOUL, Jan. 31 (Yonhap) -- South Korean stocks closed slightly lower Wednesday, hurt by declines in semiconductor stocks after chip giant Samsung Electronics reported its fourth-quarter earnings. The Korean won fell
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Vice unification minister highlights role of UNC amid heightened inter-Korean tensions

SEOUL, Jan. 31 (Yonhap) -- A senior official at South Korea's unification ministry in charge of inter-Korean affairs emphasized the importance of the U.N. Command (UNC) on Wednesday as North Korea continues to dial up tensions on the Korean Penin
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Court orders state compensation of 4.5 bln won to 16 Brothers Welfare Center victims

SEOUL, Jan. 31 (Yonhap) -- A Seoul court on Friday ordered the state to compensate victims of human rights abuses at a now-defunct detention facility for vagrants in the southeastern city of Busan, in the second such ruling recognizing state responsi
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Seoul shares fall as chipmakers weighed down after Samsung Electronics earnings

SEOUL, Jan. 31 (Yonhap) -- South Korean stocks closed slightly lower Wednesday, hurt by declines in semiconductor stocks after chip giant Samsung Electronics reported its fourth-quarter earnings. The Korean won fell against the U.S. dollar.The benchm
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S. Korea, U.S. discuss cooperation on critical minerals, energy

By Oh Seok-min SEOUL, Jan. 31 (Yonhap) -- Vice ministers of South Korea and the United States on Wednesday discussed ways to enhance cooperation on major minerals, carbon-free resources, and other energy and trade issues, Seoul's industry ministr
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(LEAD) Lawmaker given 2-yr prison term in cash-for-votes scandal involving DP

(ATTN: UPDATES with more info in last 2 paras)SEOUL, Jan. 31 (Yonhap) -- A Seoul court sentenced independent lawmaker Youn Kwan-suk to two years in prison on Wednesday, finding him guilty of involvement in a cash-for-votes scandal surrounding the mai
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Lawmaker given 2-yr prison term in cash-for-votes scandal involving DP

SEOUL, Jan. 31 (Yonhap) -- A Seoul court sentenced independent lawmaker Youn Kwan-suk to two years in prison on Wednesday, finding him guilty of involvement in a cash-for-votes scandal surrounding the main opposition party's 2021 leadership elect
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Financial regulator to lower bar for regional lenders to become nationwide commercial banks

SEOUL, Jan. 31 (Yonhap) -- South Korea's financial regulator said Wednesday it will make it easier for regional lenders to become nationwide commercial banks, in a move aimed at promoting competition in the banking sector. "The government a
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Prosecutor gets 1-yr prison sentence in political meddling case

SEOUL, Jan. 31 (Yonhap) -- A senior prosecutor indicted for conspiring in 2020 with a then opposition lawmaker to have complaints filed against then ruling camp figures was sentenced to one year in prison by a court Wednesday.The Seoul Central Distri
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Prosecutors demand 15-yr prison term for ex-fiance of Olympic fencing medalist

SEOUL, Jan. 31 (Yonhap) -- Prosecutors on Wednesday sought a 15-year prison sentence for a former fiance of Olympic fencing medalist Nam Hyun-hee on fraud and forgery charges.The 28-year-old former fiance, Jeon Cheong-jo, was charged with swindling a
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Bank mortgage rates fall to 17-month low in Dec.

SEOUL, Jan. 31 (Yonhap) -- South Korean banks' annual mortgage rates fell to the lowest level in 17 months in December in line with a decline in five-year bank bonds' interest rates, the central bank said Wednesday.Bank mortgages averaged at
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Parliament kicks off committee on gathering public opinions on pension reform

By Kim Han-jooSEOUL, Jan. 31 (Yonhap) -- The National Assembly launched a committee Wednesday to gather public opinions on national pension reform in an effort to draw a bipartisan agreement on enhancing the financial stability of the system amid pop
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S. Korea starts construction of third 3,600-ton submarine

SEOUL, Jan. 31 (Yonhap) -- South Korea has started the construction of its third and last 3,600-ton-class naval submarine, the state arms procurement agency said Wednesday, amid efforts to bolster defense capabilities against North Korean threats.Las
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2 retired LH officials found dead in apparent suicide

JINAN, South Korea, Jan. 31 (Yonhap) -- Two retired officials of Korea Land and Housing Corp. (LH) were found dead in an apparent suicide Wednesday amid an investigation into allegations that architecture firms conspired to win contracts from the sta
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Yoon says 'irrational' N.K. likely to carry out provocations ahead of April elections

By Lee Haye-ahSEOUL, Jan. 31 (Yonhap) -- President Yoon Suk Yeol said Wednesday that the North Korean regime is an "irrational group" that has legalized the preemptive use of nuclear weapons and will likely carry out multiple provocations