China's drought likely to weigh on food prices

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By Kim Young-gyo HONG KONG, May 25 (Yonhap) -- China's persistent drought will likely add upward pressure to rising food prices, fueling the inflationary risks the world's No.

Lee says N. Korean leader's China visit encouraging

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SEOUL, May 25 (Yonhap) -- President Lee Myung-bak said Wednesday that he positively evaluates North Korean leader Kim Jong-il's frequent visits to China, while urging the North to act more responsi

S. Korea's economy to grow 4.6 pct in 2011: OECD

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SEOUL, May 25 (Yonhap) -- South Korea's economy is expected to grow 4.6 percent this year, an international economic body said Wednesday, revising up its earlier growth projection based on stronger

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