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Yonhap News Summary

All Headlines 13:49 March 14, 2016

The following is the first summary of major stories moved by Yonhap News Agency on Monday.

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FM Yun calls for all-out efforts to resolve N.K. nuke issue

SEOUL -- Foreign Minister Yun Byung-se called on South Korean diplomats on Monday to devote all of their effort to resolving the North Korean nuclear issue following the adoption of new sanctions on the communist regime.

Yun made the call during an annual gathering of ambassadors and other heads of overseas missions, saying South Korea should lead the international community in enforcing U.N. Security Council Resolution 2270.

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S. Korea's import, export prices rise in Feb. on oil price recovery

SEOUL -- South Korea's import and export prices rose from a month earlier in February largely due to a recovery in global oil prices and the devaluation of the local currency against the U.S. dollar, central bank data showed Monday.

The export price index came to 81.99 last month, up 0.8 percent from a revised 81.32 the previous month, according to preliminary data from the Bank of Korea (BOK).

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Iran may still rely on N. Korea for missile materials: CRS report

WASHINGTON -- Iran advanced its missile development with the help of North Korea, and the Middle Eastern nation may still rely on the communist nation for materials necessary for producing its ballistic missiles, a congressional report has said.

The Congressional Research Service raised the suspicion in a recent report, noting that the intelligence community assessed until the latter 2000s that North Korean cooperation with Iran's ballistic missile program was ongoing and significant.

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Zootopia takes No. 1 in fourth weekend of opening

SEOUL -- Disney's animated adventure "Zootopia" rose to the top of local box office in its fourth weekend, ending the two-week reign of a local film about Korean women forced into sex slavery during World War II.

After being at No. 3 for three weeks in a row, Zootopia showed a remarkable performance on the weekend of March 11-13, pulling in a whopping 342,917 viewers, according to data from the Korean Film Council.

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China's acquisitions of Korean businesses spike in 2015

SEOUL -- Chinese companies' takeover of South Korean businesses spiked last year, with the culture and financial service sectors emerging as their main targets, industry data showed Monday.

According to the data compiled by the Korea International Trade Association, Chinese companies took over South Korean firms in a total of 33 corporate merger and acquisition (M&A) deals last year, which was about three times more than the previous year.

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Mundane home appliances go Internet-smart

SEOUL -- Internet connection is working deeper into everyday lives as more home gadgets, small and big, become controllable by smartphones under an industry-wide advance of the Internet of Things (IoT), business watchers said Monday.

The latest air purifier marketed in October last year by Coway regularly measures indoor air quality and transmits the measurements to the user via smartphone. It also sends alarms so that the users can turn the device on should fine dust particles or other unwanted pollutants rise in level.

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Samsung's brand value rises but relegated to 3rd spot

SEOUL -- The brand value of South Korea's top conglomerate Samsung Group rose to US$83.1 billion in 2015, but its ranking dropped one notch from a year earlier, industry data showed Monday.

According to the data compiled by British industry tracker Brand Finance, Samsung stood as the world's No. 3 firm in terms of brand worth. It marked a 1.8 percent rise from a year earlier.

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Drama 'Signal' concludes with double-digit viewership

SEOUL -- The popular crime drama "Signal" has ended with a double-digit viewership, defying the long-held notion that romantic comedies and family dramas are the only genres that can command such popularity in Korea.

The finale of the 16-part series was open-ended on Saturday, with criminal profiler Park Hae-young (Lee Je-hoon) and detective Cha Su-hyeon (Kim Hye-soo) learning that officer Lee Jae-han (Cho Jin-woong), who has been missing for 15 years, may actually be alive at a hideout in a nursing facility.
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