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Yonhap News Summary

All News 17:07 June 02, 2016

The following is the second summary of major stories moved by Yonhap News Agency on Thursday.

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(2nd LD) Saenuri Party officially names former anticorruption chief as interim leader

SEOUL -- The ruling Saenuri Party officially named a former anticorruption chief as its interim head Thursday, as it moves to reorganize itself and make a comeback after its defeat in the April elections.

Kim Hee-ok, the former head of the Government Public Ethics Committee, was officially made party chief at a meeting of members, more than a month after Rep. Kim Moo-sung, the former chairman, stepped down shortly after the general elections.

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(LEAD) Seoul stocks edge up on Samsung

SEOUL -- South Korean stocks closed higher Thursday on the back of a rally in Samsung Electronics, but a further rise was limited as investors took to the sidelines waiting for a slew of economic data and events coming this week. The Korean won rose against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 2.39 points, or 0.12 percent, to close at 1,985.11. Trade volume was moderate at 461 million shares worth 5.13 trillion won (US$4.32 billion), with losers outnumbering winners 421 to 400.

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S. Korea submits implementation report for sanctions on N. Korea

SEOUL -- South Korea has submitted its action plan on how to carry out sanctions that the United Nations slapped on North Korea following its nuclear and long-range missile tests earlier this year, the foreign ministry said Thursday.

The government submitted the so-called implementation report to a committee of the U.N. based in New York on Wednesday (local time), according to Cho June-hyuck, spokesman for the ministry.

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(LEAD) China 'can't make breakthrough' in curbing N. Korea's nuclear ambition

BEIJING -- China "cannot make a breakthrough" in reining in North Korea's nuclear weapons ambitions, a state-run newspaper published by China's ruling Communist Party said Thursday, a day after Chinese President Xi Jinping held talks with a visiting high-level North Korean delegation.

The Global Times newspaper said in an editorial that the Wednesday talks between Xi and the North Korean delegation showed the willingness by the two nations "to maintain their traditional friendship and ease the tense relationship."

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S. Korea to support 53 foreign languages critical for national growth

SEJONG -- The South Korean government on Thursday said it will designate a total of 53 special languages which it said are strategically important for sustainable national growth.

The education ministry issued a preannouncement of legislation implementing the ordinance of the special foreign language education promotion law. This, it said, will help the country train people fluent in many languages that have growth potential. Better fluency in a language can help local companies enter new markets and fuel personnel exchanges that are the foundation of long-term cooperation and growth.
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