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(LEAD) Pro-Park protesters clash with police amid growing tensions over Park's ouster

(ATTN: ADDS more info in paras 6-8) SEOUL, March 11 (Yonhap) — Increasingly violent protesters in support of ousted President Park Geun-hye clashed with police Saturday amid tensions over the Constitutional Court’s historic ruling to uphold her impea …

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'We will soon emerge from our current crisis'

Acting President and Prime Minister Hwang Kyo-ahn addressed the nation on March 10 after the Constitutional Court of Korea upheld a decision to impeach former President Park Geun-hye. “As ou …

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Hanwha Joins Hands with Total to Acquire Jurong Aromatics

Hanwha Group joined hands with France’s Total to acquire Singapore’s chemical joint venture Jurong Aromatics Corp. If this attempt to acquire Jurong Aromatics ends up in a success, Hanwha could make bigger forays into Asia and Europe by using Singapore as its base. In addition to Hanwha Group, a string of major chemical companies in and outside Korea, including Lotte, declared their entry into the race to acquire Jurong. According to industry sources on March 9, Hanwha Group … …

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Most Workers Happy to Switch to Employer's Competitor

About half the people who change jobs go to work for a competitor of their previous employer’s, an online poll suggests.Employment portal Job Korea recently polled 926 workers and found that 47.8 percent of those who had changed jobs moved to rival companies. Some 40.2 percent said they were offered… …

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Acting President Calls on Public to Gather Wisdom, Strength

[Politics] : Acting President and Prime Minister Hwang Kyo-ahn publicly called on all South Koreans to respect the court decision, and to gather wisdom and strength.[more…] …

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86% of public approves of Park’s impeachment

Responding to the Constitutional Court’s decision to remove Park Geun-hye from power, 86 percent of people here approve …

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(4th LD) Two die as pro-Park protest turns violent

(ATTN: UPDATES with more details in paras 4, 13) SEOUL, March 10 (Yonhap) — Two people died Friday from injuries they presumably sustained during a violent street rally in central Seoul in protest of the Constitutional Court’s decision to dismiss Pa …

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[Correspondent’s column] The ghastly specter of a preemptive military strike on North Korea

For more than two months, and for as long as half a year, the specter of a military attack on North Korea has loomed over the Korean Peninsula. Fortunately, several reports have said that the administ.. …

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President Park Goes Home without Completing Her Term...Impeachment Motion Approved Unanimously

Korea’s Constitutional Court has finally handed over the verdict of approving the impeachment motion against President Park Geun-hye. In a 22-minute statement, Lee Jung-mi, acting chief Justice of the court, found the President’s negligence in the handling of the Sewol ferry boat sinking incident may be reproachable morally but it was not within the scope of the constitutional court to impeach her. As for the accusations brought to the President in relation to her secret confidant Choi Soon… …

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Korea raises cyberattack alert level

South Korea said Thursday that it raised the alert level against cyberattacks by one notch in a bid to better fend off a …

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Assange Accuses CIA of 'Devastating Incompetence' Over Leaks

WikiLeaks founder Julian Assange accused the U.S. Central Intelligence Agency of “devastating incompetence” Thursday after his organization was able to obtain and publish documents related to CIA hacking programs. “This is a historic act of devastating incompetence, to have created such an arsenal a… …

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(EDITORIAL from Korea Times on March 10)

Time to end conflict Turmoil should be averted after impeachment ruling The Constitutional Court will hand down its verdict on whether to remove President Park Geun-hye from office Friday. Given the gravity of Park’s impeachment trial and the pub …

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Korea, Turkey celebrate 60 years of friendship

Acting President and Prime Minister Hwang Kyo-ahn (pictured) and Turkish President Recep Tayyip Erdogan exchanged letters on March 8 to celebrate the 60th anniversary of the establishment of diplomati …

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Due to coal, Norway’s sovereign pension fund orders KEPCO to withdraw its investment

Norway’s Government Pension Fund Global (Oil Fund), the world’s largest sovereign wealth fund, named the Korea Electric Power Corporation (KEPCO) as subject to withdrawal of its investment. Greenpeac.. …

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MBK-Daesung Deal Lures Major Institutional Investors

Korea’s major institutional investors are investing in a 1-trillion-won fund that the nation’s largest private equity firm MBK Partners is raising to finance its acquisition of Daesung Industrial Gases Co. Key factors behind major institutional investors’ participation in the fund include the fact that Daesung Industrial Gases has stable long-term cash flow since it signed a string of long-term supply contracts with major companies such as LG Display, SK Hynix, GS Caltex, and Korea Zinc… …

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Chinese Tourists Cancel Korea Trips Amid THAAD Row

Ill will between China and Korea is deepening over Seoul’s decision to let the U.S. station a Terminal High-Altitude Area Defense battery here. Many Chinese package tours to Korea are being canceled. Korean Air saw reservations on flights between the two countries from earlier this week until A… …

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Dutch Embassy declines to comment on Kim Han-sol

Regarding the whereabouts of Kim Han-sol, the son of Kim Jong-nam, North Korean leader Kim Jong-un’s half brother who wa …

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Gov't Raises Cyber Crisis Alert

[Inter-Korea] : The government has lifted the nation’s cyber crisis alert level by one notch as of 6 p.m. …[more…] …

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Korea's Potential Growth Rate to Fall below 2% after 2020...LG Economic Research Ins.

A study said Korea’s potential economic growth rate would decline below the 2-percent level within three years due to the shrinking working age population. LG Economic Research Institute said in a report titled “Economic Growth and Labor Market in the Age of Shrinking Working Age Population” published on March 8, “The Korean economy must continue a low growth period due to the decline in the working age population.” It also predicted, “Unless the current low productivity growth spell is impro… …

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Constitutional Court to Announce Impeachment Verdict Friday

[Politics] : The Constitutional Court will announce its ruling on the impeachment of President Park Geun-hye on …[more…] …

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