Banks' household loans surge in May

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SEOUL (Yonhap) - South Korean banks' household loans grew by the largest amount in six months in May as the economic recovery and still-low borrowing costs spurred loan demand, the central bank sai

N. Korea rules out talks with S. Korea again

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SEOUL (Yonhap) - North Korea reiterated Thursday that there is no room for dialogue with South Korea, the latest sign of a deadlock over the North's two deadly attacks on South Korea last year.

Samsung's Lee says corruption spread group-wide

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SEOUL (Yonhap) - Lee Kun-hee, chairman of Samsung Electronics Co., said Thursday that corruption is widespread in Samsung Group, signaling that he may order a group-wide audit and a far-reaching ma

Arsonist of ancient Buddhist temple gets jail term

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BUSAN (Yonhap) - A local court sentenced a South Korean man to five years in jail for last year's arson attack on a 1,300-year-old Buddhist temple in the southern port city of Busan, court official

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