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Yonhap News Summary

All Headlines 13:30 February 27, 2018

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

(2nd LD) Trump says talks with N. Korea only under right conditions

WASHINGTON -- U.S. President Donald Trump said Monday that talks with North Korea are possible only under the right conditions.

His remark comes after the communist regime twice stated its willingness to hold dialogue with Washington over the weekend.

White House official had no contact with N. Koreans in S. Korea

WASHINGTON -- A White House official in charge of Korea affairs did not meet with North Korean officials during her trip to South Korea, a spokesperson said Monday as interest mounts over whether the two sides will resume dialogue.

Allison Hooker, director for Korea on the National Security Council, was part of the U.S. delegation to the closing ceremony of the PyeongChang Winter Olympics. She was seen as a potential envoy to any talks the U.S. might have with North Korea on the sidelines of the ceremony Sunday.

(2nd LD) Parliamentary committee passes bill on reduced working hours

SEOUL -- A South Korean parliamentary committee on Tuesday passed a bill aimed at shortening legal working hours despite businesses' concerns over its possible impact on corporate productivity.

The revision bill calls for reducing the country's maximum statutory working hours to 52 hours a week from the current 68 hours.

(LEAD) BOK holds key rate steady at 1.50 pct in Feb.

SEOUL -- South Korea's central bank on Tuesday kept its key rate unchanged for the second month in a row as Asia's fourth-largest economy experiences slow growth momentum.

In a widely expected move, the monetary policy board of the Bank of Korea (BOK) voted to hold the key rate steady at 1.50 percent, maintaining its wait-and-see stance.

(2nd LD) N.K.'s high-level delegation led by controversial official returns home

SEOUL/PAJU -- North Korea's high-level delegation led by a controversial official returned home Tuesday after a three-day visit during which it expressed the North's willingness to hold talks with the United States.

The eight-member delegation led by Kim Yong-chol, a top party official in charge of affairs with South Korea, crossed the inter-Korean border at noon, according to a pool report.

(LEAD) Koreas open talks on N.K.'s participation in Paralympics

SEOUL -- South and North Korea kicked off working-level talks Tuesday to discuss details of the North's participation in the Paralympics to be held in the South next month.

Officials from the two sides met at the Tongilgak administrative building on the northern side of the Demilitarized Zone (DMZ) that bisects the two Koreas, according to Seoul's unification ministry.

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