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Yonhap News Summary

2018/03/08 13:30

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


(LEAD) Moon's special envoys head to U.S. to explain outcome of N. Korea trip

SEOUL -- South Korean President Moon Jae-in's top security adviser left Thursday for the United States to explain the outcome of his recent trip to North Korea that led to what many here have called "exceptional" concessions from the communist state, such as plans for an inter-Korean summit.

Chung Eui-yong, head of the National Security Office, has quoted North Korean leader Kim Jong-un as saying the North is willing to suspend all its military provocations, including ballistic missile tests, as long as U.S.-North Korea dialogue was in progress.


(2nd LD) Sungdong Shipbuilding to file for court receivership: finance minister

SEOUL -- South Korea's midsized shipbuilder Sungdong Shipbuilding and Marine Engineering Co. will file for a court receivership, Finance Minister Kim Dong-yeon said Thursday.

Another troubled shipbuilder, STX Shipbuilding Co., will face intense restructuring efforts to overhaul its operations, Kim told a meeting of relevant ministers.


(LEAD) S. Korea, U.S. kick off negotiations on military cost-sharing

SEOUL -- South Korea and the United States have kicked off discussions for what will likely be monthslong negotiations on cost-sharing for the upkeep of some 28,500 American troops stationed here, the foreign ministry said Thursday.

Their first meeting was held in Honolulu, Hawaii on Wednesday (local time). Officials of the allies discussed how to renew their current cost-sharing agreement, according to the ministry. They are expected to meet four or five times until Friday.


(LEAD) Amid growing 'Me Too' movement, S. Korea announces tougher rules on sexual violence

SEOUL -- South Korea on Thursday announced measures to toughen punishment on sexual violence in the workplace, responding to growing calls to root out the pervasive culture of predatory sexual behavior at work.

The government announced a plan to raise the maximum punishment and extend the statute of limitations for sexual assault cases involving abuse of power at work, as seen in the cases of An Hee-jung, former South Chungcheong Province governor accused of raping his secretary multiple times, and theatrical writer-director Lee Youn-taek, who is accused of sexually assaulting numerous female junior colleagues.


Content related to artists accused of sexual misdeeds to be removed from school textbooks

SEJONG -- Publishers have decided to remove content related to writers and artists accused of sexual misdeeds from secondary school textbooks, at the request of the Ministry of Education.

The ministry said Thursday 10 publishers will delete references to poet Ko Un, theatrical directors Lee Youn-taek and Oh Tae-sok. They are among the most prominent artists accused of having sexually harassed and assaulted women in the ongoing Me Too movement.


N. Korean Paralympic delegation officially welcomed at athletes' village

PYEONGCHANG -- The North Korean Paralympic team was officially admitted Thursday into the athletes' village for the PyeongChang Winter Paralympic Games.

A welcome ceremony for the North Korean team took place at the athletes' village in PyeongChang, some 180 kilometers east of Seoul, in snowy weather and some 20 members, including Jong Hyon, the vice chairman of the Korean Federation for the Protection of the Disabled (KFPD) attended the ceremony. The North Koreans had the welcome ceremony with the delegation from China.


Samsung Q1 operating profit likely to dip amid falling demand for displays: analysts

SEOUL -- The operating profit of Samsung Electronics Co. will likely fall slightly in the first quarter this year from 15.1 trillion won (US$14.1 billion) in the previous quarter due to falling demand and prices for displays and consumer electronics, as well as the appreciation of the Korean won, analysts here said Thursday.

The South Korean tech giant posted a record 15.15 trillion won in operating profit in the fourth quarter last year on sales of 65.9 trillion won.


LG Electronics releases new V30 with enhanced storages, AI features

SEOUL -- LG Electronics Inc. said Thursday it will start sales of a new V30 smartphone this week that come with upgraded artificial intelligence (AI) features and hardware, in an apparent bid to compete with Samsung Electronics Co.'s latest Galaxy S9 series flagships.

The South Korean company said it will release the V30S ThinQ and the V30S ThinQ Plus on Friday with a price tag of 1.04 million won (US$974) and 1.09 million won, respectively.