Articles by Yonhap
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US restates its goal of 'full' Korean Peninsula denuclearization
The State Department on Tuesday reiterated the United States' goal to achieve the "full" denuclearization of the Korean Peninsula, after North Korea signaled openness to improving ties with Japan as long as Tokyo does not take issue with its "right to self-defense." Last week, Kim Yo-jong, the sister of North Korean leader Kim Jong-un, said that Japanese Prime Minister Fumio Kishida might be able to visit Pyongyang if Tokyo "drops its bad habit" of taking issue
North Korea Feb. 21, 2024
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N. Korean missile used against Ukraine contained US, European parts: CNN
A North Korean ballistic missile that Russia fired against Ukraine last month contained many parts traced to companies in the United States and Europe, CNN reported Tuesday, citing a research report. The Britain-based organization, Conflict Armament Research, produced the report that examined 290 components from remnants of a North Korean missile retrieved from Kharkiv in Ukraine, and discovered that 75 percent of the components were designed and sold by companies incorporated in the US, accordi
North Korea Feb. 21, 2024
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Yoon accepts resignation of gender equality minister
President Yoon Suk Yeol on Tuesday accepted the resignation of Gender Equality Minister Kim Hyun-sook, officials said, six months after she offered to step down over the failed Scout jamboree. Kim offered to resign in September to take responsibility for the mismanagement of the 25th World Scout Jamboree the previous month but was retained pending a replacement. Yoon had tapped Kim Haeng, a former member of the ruling People Power Party's interim leadership panel, as the new gender minister
Politics Feb. 20, 2024
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KBO's Eagles likely to finalize deal with Ryu Hyun-jin by Wednesday
The South Korean baseball club Hanwha Eagles will likely finalize their deal with free agent pitcher Ryu Hyun-jin by Wednesday and make him the highest-paid player in the Korea Baseball Organization (KBO), sources said Tuesday. The Eagles have reportedly offered Ryu a four-year deal worth 17 billion won (US$12.7 million), the largest deal ever in the KBO both by average annual value and total amount. The Eagles have taken necessary administrative steps to finalize their deal with the 36-year
Baseball Feb. 20, 2024
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Short track World Cup champions eye more glory at world championships
Having earned their big prizes during the World Cup season, South Korean short trackers Park Ji-won and Kim Gil-li said Tuesday they will pursue more medals at the upcoming world championships. Park and Kim returned home from Poland on Tuesday, after being crowned the men's and women's overall champions for the 2023-2024 International Skating Union (ISU) World Cup Short Track Speed Skating season. They each received the Crystal Globe trophy for their effort. Park, 27, claimed his secon
More Sports Feb. 20, 2024
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Yoon seeks German president's understanding on postponed state visit
President Yoon Suk Yeol spoke by phone with German President Frank-Walter Steinmeier on Tuesday and asked for his understanding regarding his decision to postpone his state visit to the European country, Yoon's office said. Yoon was planning to visit Germany and Denmark this week but postponed the trip four days before his scheduled departure. The presidential office did not give an official reason, though there was speculation the decision reflected his need to focus on domestic issues and
Politics Feb. 20, 2024
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Yoon to soon accept resignation of gender equality minister: officials
President Yoon Suk Yeol is expected to soon accept the resignation offer of Gender Equality Minister Kim Hyun-sook, officials said Tuesday. Kim offered to resign in September to take responsibility for the mismanagement of the 25th World Scout Jamboree the previous month but was retained pending a replacement. Yoon had tapped Kim Haeng, a former member of the ruling People Power Party's interim leadership panel, as the new gender minister, but she withdrew herself from consideration during
Politics Feb. 20, 2024
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Seoul shares close lower on profit-taking
South Korean stocks finished sharply lower Tuesday as investors locked in gains after a recent rally. The local currency also fell against the US dollar. The benchmark Korea Composite Stock Price Index lost 22.47 points, or 0.84 percent, to close at 2,657.79, ending a two-day winning streak. On Monday, the index finished at 2,680.26, the highest closing price since May 31, 2022, when it was 2,685.9. Trade volume was heavy at 596.3 million shares worth 9.7 trillion won ($7.2 billion), with losers
Market Feb. 20, 2024
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DP floor leader says democracy has regressed under Yoon govt., calls for support in general elections
Rep. Hong Ihk-pyo, the floor leader of the main opposition Democratic Party, said Tuesday that democracy has regressed under the government of President Yoon Suk Yeol, calling for voter support for the party in the April 10 parliamentary elections. Hong made the remarks during an address at the National Assembly as representative of the largest parliamentary negotiating bloc, asserting that the Yoon administration has failed to uphold fairness and common sense as previously promised. "In ju
Politics Feb. 20, 2024
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Seoul shares open lower on profit-taking
South Korean stocks started lower Tuesday as investors hunted for profits following a recent rally. The benchmark Korea Composite Stock Price Index retreated 9.74 points, or 0.36 percent, to 2,670.52 in the first 15 minutes of trading. The main bourse soared more than 1 percent Friday and Monday on the back of strong foreign buying. Market heavyweights traded in negative territory across the board. No. 1 memory chipmaker Samsung Electronics fell 0.41 percent, and leading battery maker LG Energy
Market Feb. 20, 2024
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Biden govt. announces potential $1.5 billion award to chipmaker GlobalFoundries
The US government announced a plan Monday to award roughly $1.5 billion to the New York-based chipmaker, GlobalFoundries, to strengthen domestic semiconductor production, drawing attention to its support plans for foreign firms like Samsung Electronics. The Joe Biden administration said that the Commerce Department and GF signed a non-binding preliminary memorandum of terms to provide the proposed funding under the CHIPS and Science Act to support "significant capacity expansion" and t
World News Feb. 20, 2024
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With swimming world title in tow, Kim Woo-min confident he can go faster
South Korean swimmer Kim Woo-min has been improving his personal best times in the 400-meter freestyle at an impressive rate. The 22-year-old isn't about to stop, not with the Olympics on the horizon. Kim arrived back home Monday evening from Qatar, where he won the men's 400-meter freestyle gold medal at the World Aquatics Championships with a personal-best time of 3:42.71. He also helped South Korea capture silver in the men's 4x200m freestyle relay. In the 400m freestyle, Kim s
More Sports Feb. 19, 2024
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Swimming world champion Hwang Sun-woo eyes Olympic medals
One by one, South Korean swimmer Hwang Sun-woo has been crossing things off his to-do list. Next up for the freshly minted world champion in the men's 200-meter freestyle will be an Olympic medal -- or make that medals. Hwang returned home Monday after grabbing two medals at the World Aquatics Championships in Qatar earlier this month. First, he won the 200m freestyle gold medal for his first world title and his third career medal from the competition. Then he capped it off by anchoring Sou
More Sports Feb. 19, 2024
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S. Korea, Netherlands launch semiconductor dialogue
South Korea and the Netherlands on Monday launched a dialogue on the semiconductor industry in an effort to boost bilateral cooperation on the advanced sector, the industry ministry here said. The two nations held the inaugural meeting of the director-level Korea-Netherlands Semiconductor Dialogue in the Dutch city of Eindhoven on the day, according to the Ministry of Trade, Industry and Energy. The meeting was held as the two sides agreed in December to establish a working-level dialogue channe
Foreign Affairs Feb. 19, 2024
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Yoon calls for utmost efforts to protect people's lives amid threat of doctors' walkout
President Yoon Suk Yeol called on the government Monday to make utmost efforts to protect the people's lives and health amid a looming walkout by doctors protesting a planned increase in the medical school enrollment quota, his office said. Yoon issued the call during his weekly meeting with Prime Minister Han Duck-soo, according to presidential spokesperson Kim Soo-kyung. "Please make utmost efforts in the response to protect the people's lives and health," he was quoted as
Politics Feb. 19, 2024
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