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Yonhap News Summary

All Headlines 13:49 August 26, 2016

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

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UNSC working on statement condemning Pyongyang's latest missile provocation

SEOUL -- The U.N. Security Council has asked its member countries to review a draft version of a press statement condemning North Korea's latest missile provocation, diplomatic sources said Friday.

The UNSC held an emergency behind-closed-doors meeting on Wednesday (local time) at the request of South Korea, the United States and Japan to discuss counteractions against the North's test-firing of a submarine-launched ballistic missile (SLBM) earlier on the same day.

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N. Korea upgrades security at rocket launch station: 38 North

SEOUL -- North Korea has upgraded security measures at a rocket launch station on its west coast over the past two years, presumably out of concern of intelligence leaks, 38 North, a think tank that follows developments in the communist county, said Friday.

According to a report by North Korean military affairs analyst Joseph Bermudez carried by 38 North, improvements to the outer perimeter of the Tongchang-ri launch site began around 2011 and proceeded slowly. Then it recently started picking up pace.

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N.K. opens first youth congress in 23 years

SEOUL -- North Korea on Friday opened the congress of a youth association for the first time in 23 years as the country's leader Kim Jong-un is seeking to solicit support from young people to cement his power.

The Central Committee of the Kim Il Sung Socialist Youth League held the ninth congress in Pyongyang, the North's state media said, without elaborating.

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(LEAD) Lotte vice chairman found dead ahead of prosecutors' summons

YANGPYEONG, South Korea -- The vice chairman of South Korea's fifth-largest conglomerate Lotte Group was found dead Friday, police said, in an apparent suicide that occurred while he was waiting a summons by prosecutors over corruption allegations involving the group.

Police found the body of Lee In-won, the group's No. 2 man and close aide of Lotte chairman Shin Dong-bin, on a trail in Yangpyeong, 55 kilometers east of Seoul, after receiving a report from a local resident at around 7:10 a.m. that a man in his 60s is hanging from a tree.

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S. Korea resumes kimchi exports to China

SEJONG -- South Korea has resumed exporting its traditional side dish kimchi to China after a hiatus of nearly six years as the Beijing government eased its regulations on the pickled food, the agriculture ministry here said Friday.

Four local kimchi companies held a ceremony in Wonju, southeast of Seoul, on Wednesday to celebrate the resumption of kimchi exports, following business deals with their Chinese buyers, according to the Ministry of Agriculture, Food and Rural Affairs.

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Samsung, LG to unveil latest gadgets at trade show in Berlin

SEOUL -- Samsung Electronics Co. and LG Electronics Inc. will showcase their latest developments, gadgets and smart home appliances at next month's consumer electronics fair in Berlin, according to company officials on Friday.

The annual IFA fair, to be held in Berlin from Sept. 2-7, will bring together about 240,000 participants from around the world.

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Suspended Bangkok governor call offs meeting with Seoul mayor

SEOUL -- The Seoul metropolitan government on Friday called off a meeting with the governor of Bangkok after Thailand's military government took measures to suspend him from his post on allegations of corruption and misuse of city funds, municipal officials said.

Sukhumbhand Paribatra arrived in Seoul on Thursday to take part in the Day of Bangkok event to mark the 10th anniversary of the two capitals’sister city relationship.

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S. Korean lawmakers' average wealth is 3.4 bln won

SEOUL -- South Korean lawmakers' average assets have been estimated at 3.42 billion won (US$3.06 million), data showed Friday, with the richest figure holding a whopping 234.1 billion won.

According to the data compiled by the ethics commission of the National Assembly, lawmakers of the main opposition Minjoo Party of Korea held 5.2 billion won on average, trailed by those of the ruling Saenuri Party with 2.6 billion won.

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(Yonhap Interview) From strangers to business partners through female leaders' conference

JEJU ISLAND, South Korea -- One can easily mistake Jun Young-soon and Jun Kyung-sook for sisters because of their similar heights and hairstyles, and, yes, their names.

But the two businesswomen met through an annual forum for Korean female leaders that was launched in 2001 by the South Korean Ministry of Gender Equality and Family aimed at growing and enhancing the global network of professional Korean women.
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