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Spy chief nominee vows stepped-up efforts to collect intelligence over N.K. threats

SEOUL, Jan. 11 (Yonhap) -- The nominee to be South Korea's spymaster said Thursday he will strengthen the agency's intelligence gathering capabilities over key threats to the national security, such as North Korea's provocations.Cho Tae-y
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FM Cho stresses policy focus on N.K. deterrence amid Pyongyang's recent belligerence

By Kim Seung-yeon SEOUL, Jan. 11 (Yonhap) -- South Korea's new foreign minister said Thursday that the current priority for the North Korea policy should be more about strengthening deterrence than seeking dialogue, considering its increasingly b
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S. Korea aims to launch full-fledged space agency in May

By Kim Na-youngSEOUL, Jan. 11 (Yonhap) -- South Korea's science ministry said Thursday it aims to launch a full-fledged space agency in May, with the nation seeking to join the ranks of advanced nations of spaceflight. The planned launch of the K
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DP floor leader demands police reveal party affiliation of Chairman Lee's attacker

SEOUL, Jan. 11 (Yonhap) -- The floor leader of the main opposition Democratic Party (DP) demanded Thursday that police disclose the party affiliation of Chairman Lee Jae-myung's attacker, citing media reports that the suspect was a longtime membe
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(2nd LD) BOK opens door for policy pivot after extending rate pause

(ATTN: RECAST headline, lead; ADDS BOK chief's remarks in paras 6-9; CHANGES 1st photo)SEOUL, Jan. 11 (Yonhap) -- South Korea's central bank froze its key rate for the eighth straight session Thursday amid woes over a still weak economic reco
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(LEAD) White House official not aware of any indications about N. Korea-Hamas military cooperation

(ATTN: ADDS U.S. official's response in paras 5-8)By Song Sang-hoWASHINGTON, Jan. 10 (Yonhap) -- A White House official said Wednesday that he has not seen any indication of military cooperation between North Korea and the Hamas militant group, d
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(URGENT) BOK's possible rate cuts are unlikely for at least 6 months: BOK chief

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S. Korea to conduct global survey on inter-Korean unification

SEOUL, Jan. 11 (Yonhap) -- South Korea will begin its first annual global survey this year to gauge awareness of its possible unification with North Korea, Seoul's unification ministry in charge of inter-Korean affairs said Thursday.The survey wi
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(URGENT) BOK's possible rate cut is too early: BOK chief

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(URGENT) All BOK board members agree on rate pause for longer period: BOK chief

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(URGENT) Need for further rate hikes lowered, but hasty rate hike feared to stoke inflation: BOK chief

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(URGENT) BOK's rate freeze decision was unanimous: BOK chief

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Supreme Court again orders Japanese company to compensate Korean forced labor victim

SEOUL, Jan. 11 (Yonhap) -- The Supreme Court on Thursday upheld another appellate court ruling that ordered a Japanese company to compensate the family of a late South Korean forced into wartime labor during Japan's 1910-1945 colonial rule.The to
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(LEAD) BOK extends rate pause amid slowdown, inflation woes

(ATTN: CHANGES headline, lead, 1st photo; ADDS 2nd photo, more details in paras 4-5, 10)SEOUL, Jan. 11 (Yonhap) -- South Korea's central bank froze its key interest rate for the eighth straight session Thursday to extend its rate pause to a year
Full text of BOK statement on monetary policy decision in January

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SEOUL, Jan. 11 (Yonhap) -- The Monetary Policy Board of the Bank of Korea decided today to leave the Base Rate unchanged at 3.50% for the intermeeting period. Although inflation has continued its underlying trend of a slowdown, it still remains high
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Over 8,000 permanent residents volunteer for military service over past 2 decades

SEOUL, Jan. 11 (Yonhap) -- Over 8,000 permanent residents have fulfilled South Korea's military service over the past two decades under a voluntary enrollment system, the Military Manpower Administration (MMA) said Thursday.The manpower agency ad
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Ex-DP leader to announce departure from party

SEOUL, Jan. 11 (Yonhap) -- Lee Nak-yon, a former leader of the main opposition Democratic Party (DP), was set Thursday to announce his departure from the DP and plans to launch a new political party ahead of April's parliamentary elections.Lee, w
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S. Korea to hold defense industry, logistics committee sessions with over 15 nations this year

SEOUL, Jan. 11 (Yonhap) -- South Korea plans to hold arms industry and logistics committee meetings with over 15 countries this year to better cope with global supply chain uncertainties and bolster defense ties, the state arms procurement agency sai
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S. Korea to provide US$3 mln worth of humanitarian aid to quake-hit Japan

SEOUL, Jan. 11 (Yonhap) -- South Korea will provide US$3 million worth of humanitarian assistance to Japan's Ishikawa Prefecture to help the region cope with the aftermath of an earthquake that killed more than 200 people, the foreign ministry sa
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BOK stands pat for 8th session amid slowdown, inflation woes

SEOUL, Jan. 11 (Yonhap) -- South Korea's central bank froze its key interest rate for the eighth straight session Thursday amid woes over a still weak economic recovery and slower-than-expected inflation moderation.In a widely expected decision,