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Yonhap News Summary

2018/02/05 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 seeks to arrange high-level talks with with N. Korean delegates: ministry

SEOUL -- South Korea will strive to arrange high-level inter-Korean talks during a North Korean government delegation's visit later this week to attend the Olympic opening ceremony, the Unification Ministry said Monday.

On Sunday night, North Korea announced that Kim Yong-nam, the North's ceremonial head of state, will visit the South from Friday to Sunday as head of a high-level delegation to the 2018 PyeongChang Winter Olympics, which kicks off Friday.

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(2nd LD) N.K. offers to send art troupe to S. Korea by ferry this week

SEOUL -- North Korea has proposed sending its art troupe to South Korea on a ferry this week for performances to mark the PyeongChang Winter Olympics, Seoul officials said Monday.

The Seoul government also said that it will consider exempting their trip from South Korea's 2010 sanctions that ban North Korean ships from making a port call in the South.

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Prosecutors launch probe into banks' suspected hiring irregularities

SEOUL -- Prosecutors began investigating suspected illicit hiring by five banks, including KB Kookmin Bank, the nation's top lender, the Supreme Prosecutors' Office said Monday.

KB Kookmin Bank, KEB Hana Bank and three provincial banks are suspected of creating lists to give undue favors to the families and acquaintances of influential figures over the course of their recruitment.

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Opposition leader calls on Moon to voice worries over N.K. military parade

SEOUL -- The leader of the minor opposition Bareun Party on Monday called on President Moon Jae-in to publicly express concerns over North Korea's reported plan to hold a massive military parade on the eve of the upcoming PyeongChang Winter Olympics.

Yoo Seong-min made the remarks amid growing worries that the parade, which is reportedly set for Thursday to mark the 70th founding anniversary of the North's armed forces, would dampen the peaceful mood ahead of the Feb. 9-25 Olympics.

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(LEAD) Moon considering meeting one-on-one with N. Korea's ceremonial leader: Cheong Wa Dae

SEOUL -- President Moon Jae-in is considering holding a one-on-one meeting with North Korea's ceremonial head of state set to visit South Korea this week to attend the PyeongChang Winter Olympics, officials said Monday.

The North notified the South on Sunday night that Kim Yong-nam, president of the Presidium of the Supreme People's Assembly, will visit the South from Friday to Sunday as head of a high-level delegation to the Winter Olympics set to kick off Friday.

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(Olympics) 'Super Bowl Monday' as PyeongChang hosts watch party

PYEONGCHANG, South Korea -- It was "Super Bowl Monday" here in PyeongChang on the first day of the working week.

On a frigid morning in the mountains in the eastern part of South Korea on Monday, fans of American football got to watch the sport's biggest annual event in the comfort of the PyeongChang press center -- with some free snacks to boot.

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(2nd LD) SK Telecom's Q4 net jumps 39.1 pct on increased competitiveness in Internet businesses

SEOUL -- South Korea's top mobile carrier SK Telecom Co. said Monday its fourth-quarter net profit rose 39.1 percent from a year earlier due mainly to increased competitiveness in Internet businesses.

Net income reached 660.6 billion won (US$606 million) in the October-December period, compared with a profit of 474.7 billion won for the same

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(3rd LD) N.K.'s ceremonial leader to lead high-level delegation to S. Korea

SEOUL -- North Korea announced Monday that it will send the communist nation's ceremonial head of state Kim Yong-nam this week to the PyeongChang Winter Olympics.

Kim, president of the Presidium of the Supreme People's Assembly, is leading a "high-level delegation" to attend the opening ceremony of the games Friday, the Korean Central News Agency (KCNA) said in a one-paragraph report.

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U.S. congressional study group on Korea to launch this week

WASHINGTON -- A U.S. congressional study group focusing on South Korea will launch this week to help deepen ties between the allies, according to the organizers.

It will be the fourth such group to be launched by the Association of Former Members of Congress (FMC), a bipartisan nonprofit. The others focus on Germany, Japan and Europe, the FMC said in a recent press release.

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