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Yonhap News Summary

2017/09/25 13:30

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

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S. Korea urges N.K. to seek peace ahead of 2007 inter-Korean summit anniv.

SEOUL -- South Korea's unification ministry on Monday called on North Korea to make efforts to bring peace to the divided peninsula as the two Koreas are set to mark the 10th anniversary of the second inter-Korean summit next month.

The Ministry of Unification urged North Korea to honor existing inter-Korean agreements and make efforts to improve Seoul-Pyongyang ties as the two Koreas will mark the summit anniversary on Oct. 4.

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(2nd LD) U.S. imposes travel restrictions on N. Korea, 7 other nations

WASHINGTON -- The United States imposed travel restrictions Sunday on North Korea and seven other nations deemed to be a security risk.

Under a proclamation signed by President Donald Trump, citizens of North Korea, Chad, Iran, Libya, Somalia, Syria, Venezuela and Yemen will face travel restrictions starting Oct. 18.

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(LEAD) Trump does not want nuclear war with N. Korea: Mnuchin

WASHINGTON -- U.S. President Donald Trump does not want a nuclear war with North Korea and his administration will do everything to stop it from happening, Treasury Secretary Steven Mnuchin said Sunday.

The assurance comes as Trump has engaged in an escalating war of words with North Korean leader Kim Jong-un over Pyongyang's nuclear and ballistic missile program.

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S. Korean military to share anti-chemical expertise with OPCW members

SEOUL -- South Korea's military unit tasked with chemical, biological and radiological (CBR) defense said Monday it will offer international training this week in partnership with a relevant global agency.

Fifteen delegates from a dozen Asian member states of the Organization for the Prohibition of Chemical Weapons (OPCW) will join the five-day program to open here later in the day, according to the CBR Defense Command.

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Conservative parties renew speculation over 'Korea passing'

   SEOUL -- Conservative parties on Monday raised speculation that South Korea was bypassed by the United States in the latter's decision to fly a fleet of bombers and fighters near North Korea's east coast in the latest show of force against the wayward regime.

Although the presidential office Cheong Wa Dae said the rare flight on Saturday night followed the allies' prior coordination, the parties demanded President Moon Jae-in explain the situation and craft measures to prevent what they term "Korea passing."

  

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Gov't scraps two anti-labor regulations, including easier layoffs

SEJONG -- The government officially scrapped two highly disputed labor regulations Monday, including one making layoffs easier, in a move aimed at patching up relations with labor and fostering social unity.

The administration of ousted President Park Geun-hye introduced the regulations in January last year. One allowed companies to fire low-performing employees and the other eased a rule requiring firms to win consent from a majority of workers before revising working conditions.

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S. Korean shares down 0.40 pct in late morning trade on profit-taking

SEOUL -- South Korean stocks traded lower late Monday morning as institutions offloaded large-cap stocks on profit taking.

The benchmark Korea Composite Stock Price Index lost 9.47 points, or 0.40 percent, to 2,379.24 as of 11:15 a.m.

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