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Biden, Xi to hold summit in California amid hopes for improved ties

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By Song Sang-hoWASHINGTON, Nov. 15 (Yonhap) -- U.S. President Joe Biden and Chinese President Xi Jinping are set to hold a high-stakes summit in the San Francisco Bay Area on Wednesday, amid expectations that it will help improve bilateral ties betwe
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(2nd LD) Yoon departs for San Francisco to attend APEC summit

(ATTN: ADDS details of Yoon-Kishida summit report in para 11)By Lee Haye-ahSEOUL, Nov. 15 (Yonhap) -- President Yoon Suk Yeol departed for San Francisco on Wednesday to attend the Asia-Pacific Economic Cooperation (APEC) summit, where he is expected
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(LEAD) JCS chairman nominee says 2018 military agreement limits surveillance on N. Korea

(ATTN: UPDATES with latest remarks in paras 9-12; ADDS photo)By Kim Eun-jung SEOUL, Nov. 15 (Yonhap) -- The nominee for the chairman of the Joint Chiefs of Staff (JCS) said Wednesday the 2018 inter-Korean military agreement poses limits to the South
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Kakao founder to be referred to prosecution for suspected stock rigging

SEOUL, Nov. 15 (Yonhap) -- Kim Beom-su, the founder of the mobile platform giant Kakao Corp., was set to be referred to the prosecution Wednesday over alleged stock price manipulation in connection with the firm's takeover of a K-pop entertainmen
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S. Korea pushes to include abductee issue as official agenda item for inter-Korean talks

SEOUL, Nov. 15 (Yonhap) -- The unification ministry said Wednesday it will push to discuss the issue of South Koreans abducted by North Korea as an official agenda item if the two Koreas resume dialogue.The move is part of the fourth basic plan for t
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Banks' rates for fresh loans rise in October

SEOUL, Nov. 15 (Yonhap) -- The average lending rate for major banks in South Korea for mortgage loans increased from a month earlier in October, data showed Wednesday.COFIX, or the Cost of Funds Index, a benchmark lending rate for mortgage loans, cam
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S. Korea seeks support for World Expo bid in APEC ministerial meeting

SEOUL, Nov. 15 (Yonhap) -- South Korea's foreign minister has sought support for the country's bid to host the 2030 World Expo in the latest diplomatic push, just two weeks ahead of the announcement of a winner. Park Jin stressed that the exp
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Opposition leader says gov't's budget cut in R&D 'extremely strange' decision

DAEJEON, Nov. 15 (Yonhap) -- Opposition leader Lee Jae-myung on Wednesday slammed the government's budget cut in research and development (R&D) as an "extremely strange" decision and vowed to restore the reduced amount. The chairman o
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DP demands Yoon withdraw nomination of new JCS chief

SEOUL, Nov. 15 (Yonhap) -- The main opposition Democratic Party (DP) demanded Wednesday that President Yoon Suk Yeol withdraw the nomination of a new Joint Chiefs of Staff (JCS) chairman, accusing the nominee of trading stock during working hours and
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(LEAD) S. Korea, U.S. stage joint air drills with B-52H bombers over Yellow Sea

(ATTN: UPDATES throughout with ministry's release; CHANGES photo)By Kim Eun-jungSEOUL, Nov. 15 (Yonhap) -- South Korea and the United States staged joint air drills Wednesday, involving two U.S. B-52H strategic bombers, over the Yellow Sea, Seoul
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JCS chairman nominee says 2018 military agreement limits surveillance on N. Korea

By Kim Eun-jung SEOUL, Nov. 15 (Yonhap) -- The nominee for the chairman of the Joint Chiefs of Staff (JCS) said Wednesday the 2018 inter-Korean military agreement poses limits to the South Korean military's surveillance on North Korea and live-fi
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(LEAD) Yoon departs for San Francisco to attend APEC summit

(ATTN: UPDATES with departure; CHANGES headline)By Lee Haye-ahSEOUL, Nov. 15 (Yonhap) -- President Yoon Suk Yeol departed for San Francisco on Wednesday to attend the Asia-Pacific Economic Cooperation (APEC) summit, where he is expected to call for s
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(2nd LD) Russian delegation arrives in Pyongyang for trade, science talks: KCNA

(ATTN: ADDS details in paras 8-10)By Lee MinjiSEOUL, Nov. 15 (Yonhap) -- A Russian government delegation has arrived in Pyongyang for talks on trade and science cooperation, the North's state media said Wednesday, as the two countries seek to str
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Ex-senior police official found dead amid corruption probe

SEOUL, Nov. 15 (Yonhap) -- A former senior police official was found dead Wednesday amid an investigation into suspicions of corruption involving him.Police found the former senior superintendent general, the third-highest rank in the police, on a hi
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S. Korea seeks adjustment to EU's carbon tax rules to ease corporate burdens

SEOUL, Nov. 15 (Yonhap) -- South Korea asked the European Union on Wednesday to recognize the country's own carbon credit certification system regarding the EU's new carbon border tax mechanism in an effort to prevent unnecessary burdens on c
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(2nd LD) N. Korea tests newly developed solid-fuel engines for new-type IRBM: KCNA

(ATTN: ADDS details in paras 7-12)SEOUL, Nov. 15 (Yonhap) -- North Korea has successfully conducted ground tests of newly developed solid-fuel engines for a new type of intermediate-range ballistic missile (IRBM), Pyongyang's state media said Wed
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(LEAD) Top diplomats of S. Korea, U.S., Japan vow united response to growing N.K.-Russia military ties

(ATTN: RECASTS headline, lead; UPDATES with details on outcome of talks throughout; CHANGES dateline; ADDS byline) By Song Sang-ho, Kim Tae-jong and Kim Seung-yeon WASHINGTON/SAN FRANCISCO/SEOUL, Nov. 15 (Yonhap) -- The top diplomats of South Korea,
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S. Korea, France hold consultations on Seoul's UNSC seat preparations

SEOUL, Nov. 15 (Yonhap) -- South Korea and France have held consultations to help prepare Seoul for its role as a nonpermanent member of the U.N. Security Council (UNSC), the foreign ministry said Wednesday.The Tuesday meeting came as South Korea is
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S. Korea to spend 1 tln won to support 'NEET' youth's return to work

SEOUL, Nov. 15 (Yonhap) -- The government will earmark 1 trillion won (US$766.52 million) to implement extensive tailored programs to encourage more young people to join and stay in the labor market, the finance ministry said Wednesday.South Korea ha
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BOK Gov. Rhee named to lead BIS committee on financial system

SEOUL, Nov. 15 (Yonhap) -- The head of South Korea's central bank has been named to lead a key committee of the Bank for International Settlements (BIS) that oversees the global financial system, the Bank of Korea said Wednesday.Bank of Korea (BO