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Yonhap News Summary

2017/11/30 17:22

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The following is the second summary of major stories moved by Yonhap News Agency on Thursday.

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(LEAD) Ruling party chief says China's 'stick' needed to rein in N. Korea

SEOUL -- The leader of South Korea's ruling Democratic Party on Thursday urged China to use its "stick" to rein in an increasingly provocative North Korea in the wake of Pyongyang's latest test of an intercontinental ballistic missile.

Choo Mi-ae made the remarks during a luncheon with South Korean residents in Beijing shortly after she landed in the Chinese capital for a four-day visit to attend an international political forum and for talks with top Chinese officials, including President Xi Jinping.

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S. Korean shares end lower on foreign selling

SEOUL -- South Korean shares ended lower Thursday on foreign selling in technology stocks. The won fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index shed 36.53 points, or 1.45 percent, to 2,476.37.

Kim Ye-eun, an analyst at IBK Securities Co., said information and technology stocks in the U.S. tech-heavy Nasdaq underwent a correction, which in turn negatively impacted the main index.

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Prosecutors indict 3 officials from McDonald's supplier over patty scandal

SEOUL -- Prosecutors said Thursday they have indicted three officials from a burger patty supplier of the local unit of McDonald's for selling meat without proper safety checks, after suspicions were raised that the fast food chain's burgers have caused some consumers to get sick due to undercooking.

The three executives, whose identities were withheld by the Seoul Central District Prosecutors' Office, will stand trial on charges of violating the law regarding safety and hygiene control over livestock products, the office said in a release.

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Self-confidence key for leader in Olympic figure skating qualification

SEOUL -- Even after taking the lead in the national Olympic qualification, South Korean male figure skater Lee June-hyoung is still fighting self-doubt.

Lee won the first qualifying competition for the 2018 PyeongChang Winter Olympics in July. The second leg is scheduled for this weekend at Mokdong Ice Rink in Seoul, and at a pre-competition press conference at the rink, Lee said he just has to trust himself more.

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Parties struggle to break impasse in budget negotiations

SEOUL -- Rival parties struggled Thursday to reach a breakthrough in grueling negotiations over the government's 2018 spending plan, amid growing fears that they could miss this week's legal deadline for the budget approval.

Ahead of Saturday's deadline, the floor leaders and policy chiefs of three major parties met to explore a compromise over the plan worth 429 trillion won (US$395 billion), but they only reconfirmed differences over several sticking points, such as proposed outlays for job creation.

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(END)

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