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Joint press conference between R.O.K. Foreign Minister Yun Byung-se and U.S. Secretary of State Rex W. Tillerson

U.S. Secretary of State Rex W. Tillerson (left) and Minister of Foreign Affairs Yun Byung-se hold the joint press conference on Mar. 17 in Seoul. (Photo: Yonhap News)The following is the remarks R.O.K …

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Joint press conference between R.O.K. Foreign Minister Yun Byung-se and U.S. Secretary of State Rex W. Tillerson

U.S. Secretary of State Rex W. Tillerson (left) and Minister of Foreign Affairs Yun Byung-se hold the joint press conference on Mar. 17 in Seoul. (Photo: Yonhap News)The following is the remarks R.O.K …

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Korea Needs No More Corrupt Presidents

Ex-President Park Geun-hye was questioned all day and most of the night Tuesday about the massive corruption and influence-peddling scandal that drove her out of office. It took prosecutors 11 days after the Constitutional Court upheld her impeachment to finally put their questions to Park, who had … …

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S. Korea Air Force Conducts Joint Drill with U.S. Bomber

[Politics] : The South Korean Air Force held a joint training mission with a U.S. strategic bomber, sending a …[more…] …

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Former ruling party's presidential hopefuls rail against front-runner Moon

SEOUL/BUSAN, March 22 (Yonhap) — The conservative Liberty Korea Party’s presidential contenders launched into tirades against their powerful liberal rival during their policy debate Wednesday. The primary debate of the former ruling party featured …

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Hyundai Motor Stock Rises Fast on Expectations of Governance Reform...Regains KOSPI No. 2 Rank

Hyundai Motor rose fast on expectations of improvement in its governance structure. The share gained more than 8 percent, reclaiming the No. 2 position in terms of market value in the KOSPI market. On March 21, Hyundai Motor shares were closed at 170,000 won, up 8.63 percent (13,500 won) from the previous day. Its market capitalization of 37,447.0 billion won is now more than that of SK Hynix of 34,616.5 billion won.The biggest factor for the ascent was foreign investors who net-bought 720,000 s… …

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N.Korean Rocket Test Shows Worrying Progress

North Korea made “big progress” in intercontinental ballistic missile technology with its recent engine thrust test, the Defense Ministry here said Monday.But a ministry spokesman told reporters more analysis of the precise thrust power and potential future applications is needed. The ministry specu… …

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NEC to Support Election Management of Party Primaries

[Politics] : The National Election Commission (NEC) says it will support and provide election management for …[more…] …

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Int'l community should push action over N. Korea's use of VX: U.S. expert

SEOUL, March 21 (Yonhap) — The international community should come up with tangible action over North Korea’s prohibited use of nerve agent VX in the assassination of its leader’s half brother last month, otherwise, inaction will send the wrong messag …

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[Editorial] Park Geun-hye’s last chance to beg the people’s forgiveness

Park Geun-hye appeared before Prosecutors for questioning on the morning of Mar. 21. It is the fourth time Prosecutors have questioned a former President. If we are to make sure crimes like hers never.. …

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[Newsmaker] Park endures grueling day at prosecution

When former president Park Geun-hye was proudly sworn into office as the nation’s first female leader, she would have ne …

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Half of Chinese Citizens Believe Chinese Gov't Sanctions against Lotte Mart Was Wrong...Survey

A survey said more than a half of Chinese citizens feel the Chinese government’s measures against Lotte Mart in relation to the Terminal High Altitude Area Defense (THAAD) deployment by the Korean government was wrong. According to NICE R&C, a market researach firm, on March 21, based on surveys on 2,100 adult men and women aged between 18 and 65 in cities such as Beijing, Shanghai, and Guangzhou from March 15 and 17, 37.2 percent answered the government’s sanctions against Lotte Mart wer… …

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Tillerson reaffirms 'ironclad' security alliance with S. Korea

South Korea’s Acting President and Prime Minister Hwang Kyo-ahn shakes hands with U.S. Secretary of State Rex Tillerson before their talks in Hwang’s office in Seoul on March 17, 2017.U.S. Secretary o …

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Gov't to Attempt to Lift Sewol Ferry Wednesday

[Domestic] : The government will attempt to lift the sunken Sewol ferry from the ocean floor as early as …[more…] …

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Billionaire Philanthropist David Rockefeller Dies at Age 101

David Rockefeller, the philanthropist billionaire whose family name is the very definition of American capitalism, died in his sleep Monday at age 101. The former head of Chase Manhattan Bank was the last grandson of the legendary 19th-century founder of the Standard Oil empire, John D. Rockefeller…. …

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(EDITORIAL from Korea JoongAng Daily on March 21)

Moon’s populist pledges Moon Jae-in, former chairman of the Democratic Party and frontrunner in the polls ahead of the May 9 presidential election, is coming up with one populist campaign promise after another. His vows to safeguard the rights of …

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[Analysis] US Secretary of State softens rhetoric on China visit

After calling on China to play a bigger role in the North Korean nuclear issue during his visit to Japan and South Korea, US Secretary of State Rex Tillerson toned down his strident rhetoric considera.. …

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France will continue collaboration with Korea's next government: minister

SEOUL, (Yonhap) — The French minister for government reform said Monday his nation will maintain its cooperative relati …

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POSCO's "Indian Integrated Steel Plant" Dream Fades Away

After 12 years of pushing to establish an integrated steel plant in Odisha in eastern India, POSCO returned some of its land sites to the Indian government. This move came after POSCO failed to win the right to develop an iron ore mine from the Indian government and local residents are opposing to the construction of a steel plant for its possible damage to the environment. Accordingly, POSCO’s long-aspired dream of building an integrated steel plant in South Asia appears to be fading … …

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This Is No Time to Toy with the Korea-U.S. Alliance

North Korean leader Kim Jong-un has presided over the thrust test of a new rocket engine and declared that “the whole world will soon witness what eventful significance the great victory won today carries.” Garbled talk about “satellites” that accompanied the event suggests it was an engine for an i… …

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