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Yonhap News Summary

2017/04/14 14:02

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

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(LEAD) N.K. says it will conduct nuke test when leader decides: report

SEOUL -- North Korea's vice foreign minister said that the country will conduct another nuclear test at any time upon the leadership's decision, a news report said Friday.

In an interview with the Associated Press, Vice Foreign Minister Han Song-ryol said that the situation on the Korean Peninsula was in a "vicious cycle," adding that Pyongyang won't tolerate a U.S. pre-emptive strike.

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S. Korea to attend IHO meeting in Monaco to promote use of East Sea

SEOUL -- South Korea will attend the International Hydrographic Organization (IHO) meeting to be held later this month in Monaco to promote the use of "East Sea" in naming the body of water between the Korean Peninsula and Japan, the foreign ministry said Friday.

South Korea will send a delegation consisting of 30 government officials and private-sector experts to the IHO's 19th general assembly to be held in Monaco from April 24-28, according to a ministry official.

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Shilla duty free opens mobile app, online mall for Japanese clients

SEOUL -- Shilla Duty Free said Friday it has launched a mobile app and an Internet website mall targeting Japanese clients to offset the decline in Chinese tourists triggered by the missile defense system row between Seoul and Beijing.

It is Shilla Duty Free's second mobile shopping mall for foreigners after one opened for Chinese customers in 2014.

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Number of farmers, fishermen continues to fall in S. Korea

SEJONG -- The number of South Koreans in the agrofisheries sector continued to decrease amid a rapid aging and urbanization trend in the country, government data showed Friday.

Households engaging in the farming business totaled 1.07 million last year, down 1.9 percent from 1.09 million tallied a year ago, according to the data compiled by Statistics Korea.

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Banks' foreign currency deposits hit record high in March

SEOUL -- Foreign currency deposits held by banks operating in South Korea hit a record high in March as exporters deposited their dollar-denominated earnings, central bank data showed Wednesday.

Outstanding foreign currency deposits held by local banks, domestic and foreign, reached US$70.54 billion in March, up 3.8 percent from $67.94 billion a month earlier, the Bank of Korea (BOK) said in a statement.

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(LEAD) Moon leads Ahn in approval ratings by 3 percentage points: poll

SEOUL -- Presidential front-runner Moon Jae-in stayed ahead of his biggest rival by 3 percentage points after both saw their approval ratings increase by the same margin, a poll showed Friday.

Moon of the liberal Democratic Party garnered 40 percent from Tuesday to Thursday, up 2 points from last week, according to Gallup Korea. Ahn Cheol-soo of the center-left People's Party also gained 2 points to 37 percent.

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With new town project, N.K. seeks internal solidarity, defies sanctions: Seoul

SEOUL -- North Korea appears to seek to strengthen internal solidarity and give off an image of being unscathed by sanctions by opening a new high-rise residential area, South Korea's unification ministry said Friday.

North Korea on Thursday held the ceremony to mark the completion of the construction of Ryomyong Street lined with skyscrapers in Pyongyang as it is set to celebrate the 105th birthday of late state founder Kim Il-sung on Saturday.

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Two Korean films to compete in Cannes

SEOUL -- South Korean directors Bong Joon-ho's "Okja" and Hong Sang-soo's "The Day After" will compete in this year's Cannes Film Festival set to open next month, the festival announced Thursday.

They were among the 18 titles chosen for the main Competition lineup for the 70th Cannes Film Festival, announced by festival president Pierre Lescure and general delegate Thierry Fremaux.

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