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(LEAD) Yoon vows multiple-times stronger punishment in event of N.K. provocation

(ATTN: UPDATES with more remarks by Yoon, background)By Lee Haye-ahSEOUL, Jan. 16 (Yonhap) -- President Yoon Suk Yeol vowed Tuesday to punish North Korea multiple times as hard in the event it carries out a provocation against South Korea, shortly af
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PPP leader vows to downsize National Assembly to 250 seats after election victory

SEOUL/INCHEON, Jan. 16 (Yonhap) -- The leader of the ruling People Power Party (PPP) on Tuesday proposed reducing the number of lawmakers from 300 to 250 as part of political reforms, vowing to pass the proposal through the National Assembly after wi
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Yoon vows multiple-times stronger punishment in event of N.K. provocation

SEOUL, Jan. 16 (Yonhap) -- President Yoon Suk Yeol vowed Tuesday to punish North Korea multiple times as hard in the event it carries out a provocation against South Korea.Yoon's remark came shortly after North Korea said its leader Kim Jong-un c
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(URGENT) Yoon vows multiple-times stronger punishment in event of N.K. provocation

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(LEAD) Gov't to front-load record yearly state budget in first half

(ATTN: ADDS gov't responses to Red Sea crisis in last 4 paras, byline)By Oh Seok-min SEOUL, Jan. 16 (Yonhap) -- Finance Minister Choi Sang-mok said Tuesday the government will administer more than 65 percent of this year's fiscal spending in
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S. Korea to join U.S.-led multinational anti-submarine exercise

SEOUL, Jan. 16 (Yonhap) -- South Korea will join a U.S.-led multinational anti-submarine exercise in waters off Guam on Tuesday, the Navy said, in an effort to hone capabilities against underwater threats.The Navy will deploy some 40 personnel and a
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Gov't to front-load record yearly state budget in first half

SEOUL, Jan. 16 (Yonhap) -- Finance Minister Choi Sang-mok said Tuesday the government will administer more than 65 percent of this year's fiscal spending in the first half in a move to boost domestic demand and support vulnerable people."It
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(2nd LD) N.K. leader calls for defining S. Korea as 'No. 1 hostile country' in constitution

(ATTN: UPDATES more details throughout; ADDS photos)By Kim Soo-yeonSEOUL, Jan. 16 (Yonhap) -- North Korean leader Kim Jong-un has called for revising the country's constitution to define South Korea as the "No. 1 hostile country" and
Tuesday's weather forecast

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SEOUL, Jan. 16 (Yonhap) -- The following is the for South Korea's 12 major cities at 9:01 a.m. Tuesday.Temperature (C)ConditionPossibilityHigh/Lowof Rain (%)Seoul04/-7Cloudy10Incheon02/-6Cloudy10Suwon04/-7Cloudy10Cheongju04/-5Cloudy20Daejeon05/-
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Gov't to extend record support for purchasing farm goods for Lunar New Year holiday

By Oh Seok-min SEOUL, Jan. 16 (Yonhap) -- The government plans to set aside a record budget for issuing discount coupons for the purchase of farm produce and boost their supplies ahead of the Lunar New Year holiday, the finance ministry said Tuesday.
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(LEAD) N.K. leader calls for defining S. Korea as 'No. 1 hostile country' in Constitution

(ATTN: RECASTS headline, lead; UPDATES with more details throughout)By Kim Soo-yeonSEOUL, Jan. 16 (Yonhap) -- North Korean leader Kim Jong-un has called for revising the country's Constitution to define South Korea as the "No. 1 hostile cou
Top headlines in major S. Korean newspapers

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SEOUL, Jan. 16 (Yonhap) -- The following are the top in major South Korean newspapers on Jan. 16.Korean-language dailies-- Prosecution panel recommends indictment of Seoul police chief over Itaewon tragedy (Kyunghyang Shinmun)-- Haley struggles unde
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N. Korea abolishes agencies handling inter-Korean affairs at parliamentary meeting

SEOUL, Jan. 16 (Yonhap) -- North Korea has decided to abolish agencies in charge of inter-Korean affairs at a key parliamentary meeting, state media reported Tuesday, as leader Kim Jong-un said South Korea should be marked "No. 1 hostile countr
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(URGENT) N.K. leader says S. Korea should be marked as No. 1 hostile country in Constitution

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(URGENT) N. Korea abolishes agencies handling inter-Korean affairs

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Insurance firms' capital adequacy improves in Q3

SEOUL, Jan. 16 (Yonhap) -- South Korean insurance companies' capital adequacy ratio continued to improve in the third quarter from three months earlier, data showed Tuesday.The average capital adequacy ratio of local insurance firms had come to 2
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Import prices down for 2nd month in December on fall in oil prices

SEOUL, Jan. 16 (Yonhap) -- South Korea's import prices declined for a second straight month in December on the back of a decline in oil prices, central bank data showed Tuesday, amid hope for the bank's pivot toward easing policy.The import p
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(LEAD) Republican voters to cast ballots in Iowa caucuses amid freezing weather

(ATTN: UPDATES with contenders' remarks, more details in paras 7-8, 11-12, 16; ADDS photo)By Song Sang-hoWASHINGTON, Jan. 15 (Yonhap) -- Republican voters in the Midwestern state of Iowa are set to cast their ballots in the first vote of the GOP&
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Republican voters to cast ballots in Iowa caucuses amid freezing weather

By Song Sang-hoWASHINGTON, Jan. 15 (Yonhap) -- Republican voters in the Midwestern state of Iowa are set to cast their ballots in the first vote of the GOP's presidential nomination contest on Monday, with former President Donald Trump eyeing a b
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Prosecution panel urges indictment of Seoul police chief over Itaewon tragedy

SEOUL, Jan. 15 (Yonhap) -- A prosecutorial committee of outside experts recommended Monday that Seoul Metropolitan Police Agency (SMPA) chief Kim Kwang-ho be indicted over the Itaewon crowd crush.Following a discussion that lasted more than seven hou