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(URGENT) Household debt feared to hurt financial stability, micro measures eyed: BOK chief

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U.S. Army stages 1st key wartime deployment drills in Korea in 6 years amid growing N.K. threats

SEOUL, Aug. 24 (Yonhap) -- The U.S. military has conducted a key wartime "deployment readiness" exercise in South Korea, the first such event involving U.S.-based troops since the last known training in 2017, informed sources said Thursda
(URGENT) All board members open door for additional rate hike: BOK chief

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(4th LD) Claimed N. Korean space rocket launch ends in failure: S. Korean military

(ATTN: UPDATES with more details in paras 6-11, 14; ADDS photo)By Song Sang-ho and Lee Minji SEOUL, Aug. 24 (Yonhap) -- North Korea's claimed space rocket launch ended in failure early Thursday, the South Korean military said, the second such bot
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(URGENT) Household debts rose larger than expected: BOK chief

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

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Financial regulator finds more alleged law violations of asset management firms behind massive fraud scandal

SEOUL, Aug. 24 (Yonhap) -- South Korea's financial regulator said Thursday it has confirmed additional alleged law violations of asset management companies that had been at the center of a massive financial fraud scandal.The Financial Supervisory
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Over 200 suspects nabbed for writing online murder threats

SEOUL, Aug. 24 (Yonhap) -- Over 200 people have been apprehended nationwide for posting murder threats on various online sites over the past month amid increasing violent crimes targeting random people, the Korean National Police Agency (KNPA) said T
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U.S. 'strongly condemns' N. Korea's latest space launch: White House

WASHINGTON, Aug. 23 (Yonhap) -- The United States "strongly condemns" North Korea's latest attempt to launch a spy satellite into space, the White House said Wednesday, calling it a "brazen violation" of multiple United Na
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(2nd LD) BOK stands pat for 5th consecutive time amid slowdown woes

(ATTN: ADDS more details in paras 4-5, 8, 16)SEOUL, Aug. 24 (Yonhap) -- South Korea's central bank held its key interest rate steady for the fifth straight time Thursday as it weighs a slowdown in growth amid moderating inflation.In a widely expe
Full text of BOK statement on monetary policy decision in August

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SEOUL, Aug. 24 (Yonhap) -- The following is the full text of the Bank of Korea's statement on its latest monetary policy decision. The Monetary Policy Board of the Bank of Korea decided today to leave the Base Rate unchanged at 3.50 percent for t
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Nuclear envoys of S. Korea, U.S., Japan 'strongly condemn' N. Korea's latest space launch

SEOUL, Aug. 24 (Yonhap) -- The top nuclear envoys of South Korea, the United States and Japan on Thursday "strongly condemned" North Korea's latest space rocket launch that apparently ended in failure earlier in the day, Seoul's f
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(URGENT) S. Korean military says it is conducting search operation for fallen parts of N. Korea's 'space launch vehicle'

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S. Korea, U.S. stage combined urban warfare drills

SEOUL, Aug. 24 (Yonhap) -- South Korea and the United States were staging combined urban combat training this week to strengthen their interoperability, Seoul's Army said Thursday, as part of major joint military drills between the allies this mo
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(LEAD) BOK stands pat for 5th consecutive time amid slowdown woes

(ATTN: ADDS more details from 5th para)SEOUL, Aug. 24 (Yonhap) -- South Korea's central bank held its key interest rate steady for the fifth straight time Thursday as it weighs a slowdown in growth amid moderating inflation.In a widely expected d
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(URGENT) BOK keeps 2023 growth outlook at 1.4 percent

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BOK stands pat for 5th consecutive time amid slowdown woes

SEOUL, Aug. 24 (Yonhap) -- South Korea's central bank held its key interest rate steady for the fifth straight time Thursday as it weighs a slowdown in growth amid moderating inflation.In a widely expected decision, the monetary policy board of t
(URGENT) BOK freezes key rate at 3.5 pct for 5th consecutive time

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Thursday's weather forecast

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SEOUL, Aug. 24 (Yonhap) -- The following is the for South Korea's 12 major cities at 9:01 a.m. Thursday.Temperature (C)ConditionPossibilityHigh/Lowof Rain (%)Seoul29/25Rain70Incheon29/24Rain70Suwon30/24Rain70Cheongju31/25Rain60Daejeon30/24Rain60
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Yoon orders NSC to share analysis of N.K. launch with U.S., Japan

By Lee Haye-ahSEOUL, Aug. 24 (Yonhap) -- President Yoon Suk Yeol ordered the National Security Council on Thursday to share its analysis of North Korea's botched space rocket launch with the United States and Japan and to prepare against possible