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S.KOREA

Cheong Wa Dae rejects reports on semiconductor windfall tax use

South Korea’s presidential office on Wednesday denied reports that it was reviewing ways to utilize excess tax revenue generated by the semiconductor industry, as the administration moved to contain growing controversy surrounding a proposed “national dividend” concept.The denial followed comments by President Lee Jae-myung and presidential policy chief Kim..

PPP reopens Seoul mayor nomination as Oh weighs bid
The People Power Party (PPP) has reopened its nomination process for the Seoul mayoral race ahead of the June 3 local elections, renewing attention on whet..

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