Body of Korean hiker recovered on Canadian mountain
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Body of Korean hiker recovered on Canadian mountain

Five hikers fell to their deaths on a mountain near Vancouver on Saturday. A local hiking group stepped on an overhang of snow that collapsed. Korea’s foreign ministry confirmed one of them is a South Korean citizen Oh Soo-young has the latest. Five hikers have died in the mountains near Vancouver, Canada after a ledge of snow collapsed under them.…

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U.S. stocks down on oil price drop, Fed rate hike fears
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U.S. stocks down on oil price drop, Fed rate hike fears

U.S. stocks finished lower Tuesday on a continued drop in oil prices and as the Federal Reserve kicked off its two-day rate-setting meeting. The Dow Jones Industrial Average finished zero-point-two percent lower at 20-thousand-837, …while the S&P 500 dropped a third-of-a-percent to two-thousand-365. A one-percent fall in the energy sector led the declines, taking a hit from yet another drop…

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Stocks
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Stocks

Shares on Wall Street closed lower on Thursday, with losses being led by large-cap technology stocks which faced renewed pressure. A more hawkish tone from the Federal Reserve following its rate hike, also contributed to the cautious mood in the U.S. markets. The Dow fell zero-point-zero-seven percent,… while the S&P 500 shed zero-point-two percent, both retreating from record-highs seen in…

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: Korea hikes 2018 minimum wage by more than 16%, biggest increase since 2001
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: Korea hikes 2018 minimum wage by more than 16%, biggest increase since 2001

Korea hiked the minimum wage for next year by 16-and-a-half percent, the largest in more than 15 years. The decision comes as the National Assembly edges closer to voting on a a supplementary budget bill to create jobs. Ji Myung-kil has more. After three months of grueling negotiations between labor groups and management as well as suggestions from the general…

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