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Yonhap News Summary

All News 13:14 October 04, 2016

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

Parliamentary audit proceedings resume with end of ruling party boycott

SEOUL -- South Korea's National Assembly audit, which has been disrupted by the ruling Saenuri Party's boycott in the standoff over the political neutrality of the parliamentary speaker, resumed normal proceedings Tuesday.

Saenuri decided to take full part in the audit sessions that kicked off last Monday after it walked out, protesting that National Assembly Chung Sye-kyun took the side of the opposition bloc ahead of a vote to sack a Cabinet minister last month.

Ruling party proposes law to grant Ban privileges after term at U.N.

SEOUL -- Lawmakers of South Korea's ruling Saenuri Party on Tuesday proposed a law to provide U.N. Secretary-General Ban Ki-moon with special privileges after his retirement from his post later this year.

"While presidents get special treatment after their retirement, we do not currently have a law that stipulates the support of those who headed major international organizations," Rep. Lee Jong-bae of Saenuri said.

IOC officials to check up on PyeongChang's Olympic prep this week

SEOUL -- A team of International Olympic Committee (IOC) officials will visit South Korea this week to check up on preparations for the country's first Winter Games.

The IOC's Coordination Commission on the 2018 PyeongChang Winter Olympics will visit PyeongChang, Gangwon Province, for a three-day trip starting Wednesday. Gunilla Lindberg will lead the 10-member commission, and will be joined by 13 representatives from international winter sports federations.

Labor force participation rate for 20-somethings hits 10-yr high

SEOUL -- The labor force participation rate for South Koreans in their 20s reached a 10-year high in the second quarter, government data showed Tuesday, due mainly to a surge in the number of jobless 20-somethings.

According to the data by Statistics Korea, 65.7 percent of people aged 20 to 29 were inside the labor force during the April-June period. It was up 1.3 percentage points from a year earlier and the highest since 65.8 percent in the fourth quarter of 2005.

S. Korea's current account surplus hits 4-month low at US$5.51 bln in August

SEOUL -- South Korea's current account surplus hit the lowest in four months in August due to slowing exports and increased imports, central bank data showed Tuesday.

The current account surplus reached US$5.51 billion in August, compared with $8.67 billion in July, according to the preliminary data from the Bank of Korea (BOK).

'Comfort women' deal between S. Korea, Japan does not mean end to international discussions: envoy

NEW YORK -- The agreement between South Korea and Japan on resolving the issue of Tokyo's wartime sexual slavery brought an end to the matter bilaterally, but that does not mean all international discussions on the issue should end, Seoul's U.N. ambassador said Monday.

In December, Seoul and Tokyo reached the landmark deal that centers on Japan's admission of responsibility for the wartime crime and plans to pay reparations to the victims. South Korea promised to end the dispute once and for all if Japan fulfills its responsibilities.

7 Chinese tourists indicted for assaulting S. Korean restaurant owner

JEJU ISLAND, South Korea -- Prosecutors said Tuesday they have indicted seven Chinese tourists on charges of beating up a South Korean restaurant owner on Jeju Island last month.

The Jeju District Prosecutors' Office said the defendants are suspected of assaulting the 53-year-old owner of the restaurant, identified only by her last name Ahn, on the southern resort island on Sept. 9, causing a brain hemorrhage. They are also accused of beating three others who were attempting to stop the violence.

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