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Yonhap News Summary

2017/08/04 13:30

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


Gov't to conduct on-site environmental survey of THAAD next week

SEOUL -- The South Korean government said Friday it will conduct an on-site environmental survey next week of the THAAD missile defense system deployed in a southern area.

The move is part of the "small-scale" environmental impact assessment that started in December, and now is in the home stretch, said the Ministry of National Defense (MND).


Gov't to increase policy loans for low-income homebuyers

SEJONG -- The government plans to increase policy loans to further help low-income people buy homes, despite recent measures aimed at cooling down the real estate market, officials said Friday.

The plan is designed to step up support for low-income earners who seek to buy a home they will live in, although the government unveiled new guidelines to tighten lending rules and raise the capital gains tax, to quell property speculation.


Imported car sales soar 12 pct in July

SEOUL -- Sales of imported vehicles in South Korea rose some 12 percent last month from a year earlier on steady demand for popular brands, industry data showed Friday.

The number of newly registered foreign-made cars stood at 17,628 units in July, up 12.1 percent from 15,730 units a year earlier, the Korea Automobile Importers and Distributors Association (KAIDA) said in a statement.


Moon's approval rating remains unchanged at 77 pct

SEOUL -- President Moon Jae-in's approval rating continued to remain high at over 70 percent with a majority of people here also endorsing the president's move to deploy a U.S. missile shield as soon as possible despite his earlier objections, a survey showed Friday.

In a survey conducted by Gallup Korea, 77 percent of 1,004 respondents said they approved of the president's management of state affairs. The rating remained unchanged from a week earlier.


(Yonhap Feature) Solar power gains ground in S. Korea amid calls for renewable energy

SEOUL -- Whenever Lee Gyu-seong reads the solar power meter in his living room, he thinks he has made the right decision for his family and, by extension, South Korea.

The slick photovoltaic panels mounted in front of his apartment's windows can generate 25 kWh of electricity a month -- enough to power a two-door refrigerator.


(News Focus) S. Korea to ramp up diplomacy on N.K. issue at ASEAN meetings

SEOUL -- The upcoming meetings of the Association of Southeast Asian Nations (ASEAN) are expected to provide a crucial platform for South Korea to rally support for efforts to denuclearize North Korea amid deepening worries over Pyongyang's nuclear and missile programs, experts and officials said Friday.

Foreign ministers of 10-member states of the ASEAN and 17 other countries including South Korea, the United States and China, along with the European Union, will gather early next week in Manila, the Philippines, to attend multiple ASEAN meetings.


SEOUL -- Top security officials of South Korea, the United States and Japan agreed Thursday to maximize pressure on North Korea to stop its missile and nuclear provocations, the presidential office here said.

South Korea's National Security Office chief Chung Eui-yong held a video conference with his U.S. and Japanese counterparts, H.R. McMaster and Shotaro Yachi, to coordinate their response to North Korea's evolving threats, according to Cheong Wa Dae.