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Corporate sales, profitability drop in 2023 amid higher costs, economic slump

SEOUL, Oct. 23 (Yonhap) -- South Korean companies' sales declined and their profitability narrowed last year, central bank data showed Wednesday, as higher borrowing costs and increased prices of raw materials ate into their bottom lines amid an
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Childbirths in S. Korea extend gains to 2nd month in Aug.

SEOUL, Oct. 23 (Yonhap) -- The number of babies born in South Korea increased on-year for the second consecutive month in August, data showed Wednesday, amid lingering demographic challenges caused by the ultra-low birth rate and rapid aging.A total
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Number of people changing residences up 3.1 pct in Sept.

SEOUL, Oct. 23 (Yonhap) -- The number of South Koreans who moved to other regions in the country rose 3.1 percent on-year in September, data showed Wednesday, as more people relocated to outside Seoul in search of more affordable housing.Around 463,0
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Seoul to bury 94 pct of above-ground railways underground

SEOUL, Oct. 23 (Yonhap) -- The Seoul city government on Wednesday announced a plan to bury 94 percent of the capital's above-ground railway sections underground to create an extensive green space on the reclaimed land.Currently, Seoul has 71.6 ki
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(LEAD) Ex-President Lee's brother, former Assembly vice speaker, dies of chronic illness

(ATTN: ADDS more info from 5th para; CHANGES photo)SEOUL, Oct. 23 (Yonhap) -- Lee Sang-deuk, an elder brother of former President Lee Myung-bak and a former National Assembly vice speaker, died Wednesday after a battle with a chronic illness, his acq
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S. Korea to launch 3rd military spy satellite in December

SEOUL, Oct. 23 (Yonhap) -- South Korea plans to launch its third military reconnaissance satellite in December, the state arms procurement agency said Wednesday, as part of efforts to bolster its surveillance capabilities on North Korea.A SpaceX rock
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Top security officials of S. Korea, Poland express concerns over N.K.-Russia military ties

By Kim Eun-jung SEOUL, Oct. 23 (Yonhap) -- The top security officials of South Korea and Poland on Wednesday expressed concerns over growing military ties between North Korea and Russia and agreed to expand their nations' security and defense ind
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Seoul to implement special crowd control measures in busy districts during Halloween week

SEOUL, Oct. 23 (Yonhap) -- The Seoul city government will deploy patrol forces and implement traffic controls in the city's 15 most crowded districts during the upcoming Halloween week to prevent overcrowding, officials said Wednesday.The city ha
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UNESCO establishes S. Korea-proposed award for global citizenship education

SEOUL, Oct. 23 (Yonhap) -- The U.N. cultural agency has established a South Korea-proposed award to recognize efforts in nurturing education on global issues, such as human rights, sustainability and diversity, the foreign ministry said Wednesday.The
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PM vows to closely communicate with Nat'l Assembly to enact law for AI industry

SEOUL, Oct. 23 (Yonhap) -- Prime Minister Han Duck-soo said Wednesday the government will collaborate with the National Assembly to promptly enact a law supporting the artificial intelligence industry. Han underscored the importance of the proposed A
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Ex-President Lee's brother, former Assembly vice speaker, dies of chronic illness

SEOUL, Oct. 23 (Yonhap) -- Lee Sang-deuk, an elder brother of former President Lee Myung-bak and a former National Assembly vice speaker, died Wednesday after a battle with a chronic illness, his acquaintances said. He was 89 years old.Lee had been s
Wednesday's weather forecast

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SEOUL, Oct. 23 (Yonhap) -- The following is the for South Korea's 12 major cities at 9:01 a.m. Wednesday.Temperature (C)ConditionPossibilityHigh/Lowof Rain (%)Seoul16/11Rain10Incheon16/11Cloudy10Suwon17/12Cloudy10Cheongju17/13Rain20Daejeon18/12C
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N. Korean leader urges bolstering war deterrence, citing U.S. nuclear threats

By Kim Han-jooSEOUL, Oct. 23 (Yonhap) -- North Korean leader Kim Jong-un has once again called for enhancing the country's war deterrence, including the readiness of its nuclear capabilities, in response to what he described as growing nuclear th
Top headlines in major S. Korean newspapers

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SEOUL, Oct. 23 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 23.Korean-language dailies-- Han vows to follow public sentiment; Yoon says to proceed 'despite being hit by stones' (Kyunghyang Shinmun)-- Yoon sa
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Consumer sentiment rebounds in October on hopes for rate cut

SEOUL, Oct. 23 (Yonhap) -- South Korea's consumer sentiment rebounded in October as eased inflation and hopes for a rate cut may boost domestic demand, a central bank poll showed Wednesday.The composite consumer sentiment index stood at 101.7 thi
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U.S. dispels suspicion of little confidence in S. Korean intel over N.K. troop dispatch to Russia

By Song Sang-hoWASHINGTON, Oct. 22 (Yonhap) -- A State Department spokesperson on Tuesday rejected the notion of the United States having a lack of confidence in South Korea's intelligence confirming North Korea's troop dispatch to support Ru
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N.K. leader's sister accuses S. Korea, Ukraine of provocation, likens them to 'bad dogs bred by the U.S.'

SEOUL, Oct. 22 (Yonhap) -- The powerful sister of North Korean leader Kim Jong-un slammed South Korea and Ukraine on Tuesday for what she claimed was a military provocation against Pyongyang, likening the two countries to "bad dogs bred by the
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Military fails to verify underground facilities in 2018 demolition of N. Korean guard posts: report

SEOUL, Oct. 22 (Yonhap) -- The South Korean military failed to confirm whether underground facilities were demolished when North Korea disabled its guard posts (GPs) in the Demilitarized Zone (DMZ) in 2018, as part of an inter-Korean agreement, a dec
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(LEAD) S. Korea considering sending personnel to Ukraine to monitor N. Korean troops: source

(ATTN: UPDATES with more details from 5th para)SEOUL, Oct. 22 (Yonhap) -- South Korea is considering sending a team of personnel to Ukraine to monitor North Korean troops being deployed to support Russia, a government source said Tuesday.Last week, S
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Police seek arrest warrant for hospital director, surgeon in 36-week abortion case

SEOUL, Oct. 22 (Yonhap) -- Police sought an arrest warrant for the head of the obstetrics and gynecology hospital, and the operating surgeon on murder charges for performing an abortion during the 36th week of pregnancy, officials said Tuesday.In Jun