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Financial conglomerates' capital adequacy ratios down in 2022 on higher interest rates

SEOUL, June 14 (Yonhap) -- South Korean financial conglomerates' capital adequacy ratios fell in 2022 from a year earlier on higher interest rates, preliminary data showed Wednesday. The average capital adequacy ratios of six financial conglomera
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(News Focus) Seoul-Beijing diplomatic row heats up amid intensifying U.S-China competition

By Yi Wonju SEOUL, June 14 (Yonhap) -- The latest South Korea-China spat prompted by China's top envoy to Seoul highlights the dilemma posed to South Korea in striking a balance in relations between both the United States and China in the wake of
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Yoon presents credentials to ambassador to Philippines, 7 others

SEOUL, June 14 (Yonhap) -- President Yoon Suk Yeol presented credentials to eight new ambassadors, including those to the Philippines and Bangladesh, on Wednesday.The ambassador to the Philippines is Lee Sang-hwa, former top envoy to Myanmar, while t
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Military helicopter makes emergency landing in Yangyang; 2 slightly injured

YANGYANG, South Korea, June 14 (Yonhap) -- A military helicopter made an emergency landing in the east coast county of Yangyang on Wednesday, leaving the pilot and a passenger with minor injuries, authorities said.The chopper made the landing in fron
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'Foreign tenant info' system goes into effect

SEOUL, June 14 (Yonhap) -- Beginning Wednesday, people buying, renting or mortgaging a house are able to check whether there is a foreigner who has already filed a moving-in report for the house in advance, the Ministry of Justice said.The ministry s
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Opposition leader slams PM for saying water from Fukushima plant is drinkable

By Kim Han-jooSEOUL, June 14 (Yonhap) -- Opposition leader Lee Jae-myung criticized Prime Minister Han Duck-soo on Wednesday for acting like a spokesperson for Japan, after Han said he can drink the water set to be released from Japan's crippled
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Five DP lawmakers on visit to China amid tensions over ambassador's remarks

By Kang Jae-eunSEOUL, June 14 (Yonhap) -- Five lawmakers of the main opposition Democratic Party (DP) are on a visit to China, sources said Wednesday, amid heightened tensions between the two countries over Chinese Ambassador Xing Haiming's remar
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Yoon orders thorough investigation into decision-makers behind allegedly corrupt solar energy projects

By Lee Haye-ahSEOUL, June 14 (Yonhap) -- President Yoon Suk Yeol on Wednesday ordered the office of the presidential secretary for civil service discipline to carry out a thorough investigation into the decision-makers behind allegedly corrupt solar
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(2nd LD) (Yonhap Interview) Veterans minister stresses gov't focus on rewarding patriotism as 'core values'

(ATTN: ADDS more details in paras 14-15)By Chae Yun-hwanSEOUL, June 14 (Yonhap) -- Backed by its recent status upgrade, the veterans ministry will forge ahead with a range of high-profile tasks from recovering the remains of a legendary independence
Wednesday's weather forecast

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SEOUL, Jun. 14 (Yonhap) -- The following is the for South Korea's 12 major cities at 9:01 a.m. Wednesday.Temperature (C)ConditionPossibilityHigh/Lowof Rain (%)Seoul28/18Sunny60Incheon25/18Cloudy0Suwon27/17Sunny60Cheongju28/18Sunny60Daejeon28/17S
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(LEAD) (Yonhap Interview) Veterans minister stresses gov't focus on rewarding patriotism as 'core values'

(ATTN: ADDS more details in paras 12-13; RECASTS paras 6,9)By Chae Yun-hwanSEOUL, June 14 (Yonhap) -- Backed by its recent status upgrade, the veterans ministry will forge ahead with a range of high-profile tasks from recovering the remains of a lege
Top headlines in major S. Korean newspapers

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SEOUL, June 14 (Yonhap) -- The following are the top in major South Korean newspapers on June 14.Korean-language dailies-- Yoon expresses displeasure with Chinese Ambassador Xing's remarks (Kyunghyang Shinmun)-- Ambassador Xing's remarks ina
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(Yonhap Interview) Veterans minister stresses gov't focus on rewarding patriotism as 'core values'

By Chae Yun-hwanSEOUL, June 14 (Yonhap) -- Backed by its recent status upgrade, the veterans ministry will forge ahead with a range of high-profile tasks from recovering the remains of a legendary independence fighter to building stronger ties with t
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Congressional commission holds emergency hearing, urges China to protect N. Korean defectors

By Byun Duk-kunWASHINGTON, June 13 (Yonhap) -- The Congressional Executive Commission on China held an emergency hearing in Washington on Tuesday to urge China to fulfill its obligations as a United Nations member and protect North Korean asylum-seek
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(LEAD) Three U.S.-led military commands in S. Korea hold 1st forum on women's roles for peace

(ATTN: ADDS more info in lead, last para)By Song Sang-hoPYEONGTAEK, South Korea, June 13 (Yonhap) -- Three U.S.-led military commands in South Korea held the first-ever joint forum Tuesday on women's roles for security on the Korean Peninsula and
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Yoon meets with UAE foreign minister

SEOUL, June 13 (Yonhap) -- President Yoon Suk Yeol met with the foreign minister of the United Arab Emirates (UAE) on Tuesday and discussed ways to strengthen ties across the economic and political sectors, his spokesperson said.Yoon met with UAE For
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National security adviser to visit Tokyo for trilateral talks with U.S., Japan

SEOUL, June 13 (Yonhap) -- National Security Adviser Cho Tae-yong will visit Japan this week for trilateral talks with his U.S. and Japanese counterparts, the presidential office said Tuesday.Cho will visit Tokyo on Wednesday and Thursday to meet wit
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Foreign ministry denounces Chinese envoy for criticizing S. Korean policy with 'inaccurate information'

SEOUL/BEIJING, June 13 (Yonhap) -- The foreign ministry said Tuesday the Chinese ambassador to Seoul intentionally criticized South Korea's policy with "inaccurate information" amid growing diplomatic tensions over recent inflammatory
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(LEAD) Yoon to visit France to promote Expo bid, Vietnam for state visit

(ATTN: UPDATES with details; ADDS photo)By Lee Haye-ahSEOUL, June 13 (Yonhap) -- President Yoon Suk Yeol will visit France next week to promote South Korea's bid to host the 2030 World Expo and then travel to Vietnam for a state visit, his office
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S. Korea, Saudi Arabia hold talks on military cooperation

SEOUL, June 13 (Yonhap) -- South Korea and Saudi Arabia held talks on military cooperation this week for the first time in four years, Seoul's Joint Chiefs of Staff (JCS) said Tuesday, as they seek to strengthen defense ties.Lt. Gen. Lee Young-su