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Yonhap News Summary

All News 13:50 April 01, 2016

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

(8th LD) Park warns of tougher sanctions against N. Korea over possible provocation

WASHINGTON -- President Park Geun-hye warned North Korea against staging another provocation as she met Thursday with U.S. President Barack Obama and Japanese Prime Minister Shinzo Abe.

North Korea is under growing international pressure to drop its nuclear ambitions after it carried out its fourth nuclear test on Jan. 6 and a long-range rocket launch on Feb. 7.

(4th LD) Obama calls for vigilant enforcement of sanctions on N. Korea

WASHINGTON -- U.S. President Barack Obama called Thursday for stringent enforcement of U.N. Security Council sanctions on North Korea and stronger security cooperation with South Korea and Japan to deter the communist nation.

Obama made the remark after a trilateral summit with South Korean President Park Geun-hye and Japanese Prime Minister Shinzo Abe on the sidelines of the Nuclear Security Summit in Washington, stressing that security of the three countries is "linked."

(LEAD) China's Xi calls for dialogue on Korean Peninsula 'predicament'

BEIJING-- Chinese President Xi Jinping called for dialogue to resolve the "predicament" on the Korean Peninsula during a bilateral summit with South Korean President Park Geun-hye in Washington, China's foreign ministry said Friday.

Xi also urged "all parties" to avoid taking any actions that might undermine the security interests of other countries, in a veiled warning against the possible deployment of an advanced U.S. missile defense system in South Korea, following North Korea's recent nuclear and rocket tests.

S. Korea launches projectile seen as ballistic missile: Seoul

SEOUL -- North Korea on Friday launched a projectile presumed to be a ballistic missile, the South Korean military said, in the latest show of defiance by the communist country against mounting international pressure to give up its nuclear program.

The North fired off a projectile at around 1 p.m at the country's northeast area, according to a military official.

(3rd LD) S. Korea's exports shrink 8.2 pct on-year in March

SEOUL -- South Korea's exports continued to shrink from a year earlier in March, but the rate of decline slowed significantly from the previous month, government data showed Friday.

Outbound shipments came to US$42.98 billion in March, down 8.2 percent from the same month last year, according to the Ministry of Trade, Industry and Energy.

S. Korea's consumer prices gain 1 pct in March

SEJONG -- South Korea's consumer prices grew by more than 1 percent for the second month in a row in March, government data showed Friday.

The country's consumer price index rose 1 percent last month from a year earlier, slightly slowing from February's 1.3 percent on-year gain, according to the report by Statistics Korea.

It is the first time in three months that the index stayed over the 1 percent level for two straight months.

S. Korea's current account surplus widens in Feb. on falling imports

SEOUL -- South Korea's current account surplus sharply widened from a year earlier in February partly on a narrowing deficit in the service account, as well as imports falling at a faster clip than exports, central bank data showed Friday.

The current account surplus came to US$7.51 billion in February, compared with a revised $6.82 billion surplus in the previous month, according to preliminary data from the Bank of Korea (BOK).

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