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(LEAD) Price ceiling raised for agricultural, livestock gifts to public officials starting Wednesday

(ATTN: UPDATES with more details in paras 8, 10)By Kim Han-jooSEOUL, Aug. 29 (Yonhap) -- A revision of the anti-corruption law will be enforced later this week, easing restrictions on the price of gifts that can be provided to public officials and so
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S. Korea, China discuss supply chains, bilateral ties

SEOUL, Aug. 29 (Yonhap) -- South Korea and China held high-level bilateral economic talks Tuesday and discussed ways to ensure stable supply chains and the strengthening of bilateral economic cooperation, Seoul's foreign ministry said.The 27th me
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S. Korean nuclear envoy meets British ambassador to Pyongyang

SEOUL, Aug. 29 (Yonhap) -- South Korea's top nuclear envoy met with the British ambassador to North Korea on Tuesday during which they discussed the North's evolving nuclear provocations and its recent attempt to launch a military spy satelli
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Jamsil Olympic Stadium to be remodeled into sports, cultural complex

SEOUL, Aug. 29 (Yonhap) -- Jamsil Olympic Stadium, the main venue of the 1988 Summer Olympics, will undergo a three-year facelift to be reborn as an urban sports and cultural complex, the Seoul city government said Tuesday.Renovation work began Tuesd
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(2nd LD) N. Korea's Kim visits navy command, calls for bolstering naval forces

(ATTN: ADDS analysis, details, photo; CORRECTS date in photo captions)By Lee MinjiSEOUL, Aug. 29 (Yonhap) -- North Korean leader Kim Jong-un called for bolstering naval forces as he visited the country's navy command, while denouncing South Korea
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(LEAD) Retail sales up 5.9 pct in July on growing outdoor vacation activities

(ATTN: ADDS more details in paras 5-7)SEOUL, Aug. 29 (Yonhap) -- Retail sales in South Korea rose 5.9 percent on-year in July as more people enjoyed outdoor activities for summer vacation amid eased antivirus curbs, the industry ministry said Tuesday
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(LEAD) Radiation levels of S. Korean seawater within safe range after Fukushima release: Seoul gov't

(ATTN: ADDS oceans ministry's 2024 budget in last 3 paras) SEOUL, Aug. 29 (Yonhap) -- The radiation levels in seawater near South Korea were found to be within the safe range despite Japan's release of contaminated water from its crippled Fuk
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Pastor arrested for sexually harassing young N. Korean defectors

SEOUL, Aug. 29 (Yonhap) -- A pastor has been arrested on charges of sexually harassing young North Korean defectors and sent to the prosecution for further investigation and possible indictment, police said Tuesday.The 67-year-old pastor, identified
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(LEAD) S. Korean banks' Q2 net profit unchanged from 3 months earlier

(ATTN: ADDS profitability report of banks in bottom 5 paras)SEOUL, Aug. 29 (Yonhap) -- South Korean banks' second-quarter net profit was flat from the previous quarter as an increase in the Korea Development Bank's (KDB) net profit offset a d
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Fisheries, marine experts could be sent to monitor Fukushima release: official

By Kim Han-jooSEOUL, Aug. 29 (Yonhap) -- Fisheries and marine specialists could be included in a team of experts that South Korea sends to Japan's crippled Fukushima nuclear power plant to monitor the ongoing release of contaminated water, an off
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(2nd LD) Yoon pledges to stick to sound fiscal policy, slams predecessor for reckless spending

(ATTN: ADDS photo, additional info in paras 8-10, 12-13)By Kang Jae-eunSEOUL, Aug. 29 (Yonhap) -- President Yoon Suk Yeol vowed Tuesday to stick to a sound fiscal policy, strongly criticizing the preceding Moon Jae-in government for increasing nation
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Price ceiling raised for agricultural, livestock gifts to public officials starting Wednesday

By Kim Han-jooSEOUL, Aug. 29 (Yonhap) -- A revision of the anti-corruption law will be enforced later this week, easing restrictions on the price of gifts that can be provided to public officials and some other professions, according to the Anti-Corr
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S. Korea earmarks 520 bln won for Ukraine support budget for 2024

SEOUL, Aug. 29 (Yonhap) -- South Korea has tentatively allocated 520 billion won (US$393 million) in the state budget to be used in various support programs for Ukraine, including reconstruction-related projects, next year, according to the governmen
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Yoon designates 3 special disaster zones over Typhoon Khanun

SEOUL, Aug. 29 (Yonhap) -- President Yoon Suk Yeol on Tuesday designated three areas hit by Typhoon Khanun as special disaster zones, his office said.The designations make the areas eligible for the government's financial support in recovery work
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Radiation levels of S. Korean seawater within safe range after Fukushima release: Seoul gov't

SEOUL, Aug. 29 (Yonhap) -- The radiation levels in seawater near South Korea were found to have been within the safe range despite Japan's release of contaminated water from its crippled Fukushima nuclear power plant, Seoul's oceans ministry
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Prosecutors indict suspect of lethal stabbing rampage in Bundang

SEONGNAM, South Korea, Aug. 29 (Yonhap) -- Prosecutors on Tuesday indicted the 22-year-old suspect in the deadly stabbing rampage in Bundang, south of Seoul, which left two dead and 12 others wounded.Choi Won-jong is accused of ramming his mother'
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(LEAD) Yoon pledges to stick to sound fiscal policy, slams predecessor for reckless spending

(ATTN: CHANGES headline, lead; RECASTS throughout with more details)By Kang Jae-eunSEOUL, Aug. 29 (Yonhap) -- President Yoon Suk Yeol vowed Tuesday to stick to a sound fiscal policy, strongly criticizing the preceding Moon Jae-in government for incre
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Retail sales up 5.9 pct in July on growing outdoor vacation activities

SEOUL, Aug. 29 (Yonhap) -- Retail sales in South Korea rose 5.9 percent on-year in July as more people enjoyed outdoor activities for summer vacation amid eased antivirus curbs, the industry ministry said Tuesday.The combined sales of 25 major offlin
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School zone speed limit to be eased during nighttime

SEOUL, Aug. 29 (Yonhap) -- The school zone speed limit will be eased to up to 50 kilometers per hour from the current 30 kph during the night and early morning hours beginning next month, police said Tuesday. Under the revision, which will go into fo
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S. Korean banks' Q2 net profit unchanged from 3 months earlier

SEOUL, Aug. 29 (Yonhap) -- South Korean banks' second-quarter net profit was flat from the previous quarter as an increase in the Korea Development Bank's (KDB) net profit offset a decline in ordinary banks' net profit, preliminary data s