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Yonhap News Summary

2018/03/13 16:08

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


U.S. slaps preliminary anti-dumping duties on S. Korean steel products

SEOUL -- The U.S. Commerce Department has decided to slap preliminary anti-dumping duties on South Korean steel products in the latest blow to the Asian country, industry officials said Tuesday.

The department calculated a preliminary anti-dumping duty of 11.64 percent and 0.9 percent for thick steel plates made by Hyundai Steel Co. and Dongkuk Still Mill Co., respectively, according to industry officials.


(3rd LD) Abe calls for N. Korea's 'concrete' action for denuclearization

TOKYO/SEOUL -- Japanese Prime Minister Shinzo Abe on Tuesday emphasized the need for North Korea to take "concrete" actions for denuclearization as the United States is set to hold an unprecedented summit with the North by May.

Abe also expressed hopes that the issue of North Korea's abductions of Japanese citizens could be resolved in the course of the dialogue.


S. Korean seniors shoulder double burden of caring for children, parents

SEOUL -- More than one third of South Korean people in their 50s and 60s are burdened with the responsibilities of caring for their children and parents at the same time, a report showed Tuesday.

According to the report published by the private Mirae Asset Retirement Institute, 34.5 percent of 2,001 people aged 50 through 69 said they are engaging in so-called "double care."



N.K. media appears to have toned down rhetoric against Trump ahead of summit

SEOUL -- North Korea's state media refrained from using a derogative term in referring to U.S. President Donald Trump, apparently toning down its rhetoric against him ahead of a historic bilateral summit.

Last year, Trump and North Korean leader Kim Jong-un exchanged threats and insults against each other. Trump belittled Kim as "Little Rocket Man," while the North called Trump the "mentally deranged U.S. dotard."



(LEAD) Biting the bullet: How K-pop stars confront military duty

SEOUL -- K-pop stars are often forced to leave the limelight in their prime to serve in the military. In South Korea, all able-bodied men are legally obligated to complete a military service term of around two years, as the country is technically still at war with North Korea.

In the past, stars often feared that they might be forgotten in the fast-changing entertainment realm where fame can dissipate quickly. But idols nowadays are seemingly answering the call of duty head-on, with joint or phased enlistments considered amid publicity schedules and even comeback plans down the road.


(LEAD) President reaffirms efforts to amend Constitution

SEOUL -- President Moon Jae-in reiterated his efforts to revise the country's Constitution Tuesday, apparently putting pressure on political parties to either come up with their own proposal for constitutional change or be prepared to consider a government bill.

"Revising the Constitution is a way of constitutionally realizing the people's demand to build a nation that deserves to be called a nation. That is why all political parties and their presidential candidates made a promise to the people to put a constitutional amendment to vote concurrently with the local elections," the president said while meeting with members of a special advisory committee on constitutional revision at his office Cheong Wa Dae.


(LEAD) Daesung fourth BIGBANG member to enter into military

HWACHEON, South Korea -- Idol singer Daesung joined the Army on Tuesday, becoming the fourth member of K-pop group BIGBANG to start his mandatory military duty.

Daesung arrived at the Army's 27th Infantry Division in Hwacheon, some 118 kilometers northeast of Seoul. After a five-week training session, Daesung will be assigned to an Army unit, where he will serve out the rest of his duty.


S. Korean ice sledge hockey team falls 8-0 to U.S. at PyeongChang Paralympics

GANGNEUNG, South Korea -- South Korea's ice sledge hockey team suffered a 8-0 loss to the United States at the PyeongChang Winter Paralympic Games on Tuesday.

The men's national team was thrashed by the Americans at Gangneung Hockey Centre in Gangneung, Gangwon Province, in their last match in Group B. Despite the defeat, South Korea has reached the semifinals as the runner-up in Group B, which also features Japan and the Czech Republic. South Korea previously beat Japan 4-1 and edged the Czech Republic 3-2.


Defending S. Korean baseball champions to start 20-game winners on opening weekend

GWANGJU -- To begin his team's title defense in South Korean baseball, Kia Tigers' manager Kim Ki-tai won't mess around.

Kim announced on Tuesday that his two aces, Hector Noesi and Yang Hyeon-jong, will each get a start during the opening weekend of the 2018 Korea Baseball Organization (KBO) regular season on March 24 and 25. The Tigers, the 2017 KBO champions, will host KT Wiz for the first two games of the season at Gwangu-Kia Champions Field in Gwangju, some 300 kilometers south of Seoul.


S. Korea signs deal on 90 more Taurus bunker-buster missiles

SEOUL -- South Korea has inked a contract to purchase 90 more Taurus long-range air-to-ground missiles in line with its weapon system introduction program despite eased tensions on the peninsula, an official said Tuesday.

"The contract was signed in late February," Kang Hwan-seok, spokesman for the Defense Acquisition Program Administration (DAPA), told reporters in response to a related news report earlier in the day.


Seoul shares end slightly higher on tech gains

SEOUL -- South Korean stocks edged up Tuesday as a positive outlook for the global semiconductor market pushed up tech shares. The local currency lost ground against the U.S. dollar for the first time in three trading days.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 10.37 points, or 0.42 percent, to close at 2,494.49. Trade volume was moderate at 345.5 million shares worth 7.71 trillion won (US$7.22 billion), with decliners beating gainers 492 to 317.