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Yonhap News Summary

All News 17:00 April 12, 2017

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

(LEAD) Prosecutors likely to indict Park next week in corruption probe

SEOUL -- Prosecutors said Wednesday they are likely to indict ousted President Park Geun-hye next week in relation to the corruption scandal that removed her from office.

"Monday is the most likely," a senior prosecutor said during a regular press briefing, when asked when they will indict the former president.

(2nd LD) Gov't to focus on individuals, non-Chinese to fend off THAAD fallout

SEOUL -- The government unveiled a string of measures Wednesday to help the ailing local tourism industry overcome the sharp decline in Chinese visitors in the face of a diplomatic standoff between South Korea and China over a U.S. anti-missile system.

The local tourism industry is battered by Beijing's apparent retaliation against South Korea for the planned deployment of the Terminal High Altitude Area Defense (THAAD) on its soil.

Presidential candidates set to clash in first TV debate this week

SEOUL -- The presidential candidates of five political parties here are set to meet in a televised debate this week, the first of at least six such meetings in the lead up to the presidential election, their party officials said Wednesday.

The five presidential hopefuls are set to hold their first joint TV debate on Thursday.

(LEAD) Xi urges Trump to seek peaceful resolution to N. Korea issue

BEIJING -- In phone talks with U.S. President Donald Trump, China's President Xi Jinping on Wednesday stressed the importance of a peaceful resolution to the North Korea issue, Beijing's media reported amid heightened tensions on the peninsula.

Xi told Trump that China hopes for cooperation with the U.S. to deal with the problem with "peaceful means" to achieve the goal of denuclearizing the Korean Peninsula, according to the state broadcaster, China Central Television.

China envoy discusses THAAD with S. Korean politicians for second day

SEOUL -- A senior Chinese diplomat on Wednesday held a second round of talks with South Korean politicians on the bilateral dispute over the deployment of a U.S. missile defense system here.

Wu Dawei, Beijing's chief negotiator on North Korea's nuclear program, met with Rep. Kim Moo-sung, election committee chief of the splinter conservative Bareun Party.

S. Korea vows to rein in household debt

SEJONG -- The South Korean government said Wednesday that it will deal with mounting household debt in a stable way through strengthening risk management capabilities, as the debt delivers a blow to Asia's fourth-largest economy amid higher interest rates.

"The issue of household debt is closely linked with the finance sector and the real economy," said Acting President Hwang Kyo-ahn in a meeting in Seoul with the heads of government agencies including the Ministry of Strategy and Finance and the Financial Services Commission. "The government will manage the risk through a fundamental approach to improve the income of individual families and adopt better lending practices."

Over 2 million N. Korean leaflets collected in S. Korea over past year

SEOUL -- Over 2 million propaganda leaflets praising North Korea and its communist regime were found in South Korea over about a 12-month period until early this year, government data showed Wednesday.

According to the Ministry of National Defense, the South Korean military has collected a total of 2,039,898 North Korean leaflets, mostly in Seoul and neighboring Gyeonggi Province, from January 2016 to February this year.

N. Korean risks have limited impact on S. Korean economy: finance ministry

SEJONG -- The South Korean financial and foreign exchange markets have remained stable for days despite escalating tensions over North Korea's missile and nuclear threats, the finance ministry here said Wednesday.

"As the recent U.S. attack against Syria sparked volatility in the local financial market, some raised concerns over the geopolitical risks stemming from North Korean issues," the finance ministry said in a release. "But the impact of such possible risks has been limited, given that foreign investment on the stock and bond markets remained stable."

1 in 4 S. Koreans suffer from mental illness: survey

SEOUL -- One out of every four South Korean adults have experienced an addiction or other form of mental health issue at least one time in their lives, a government survey showed Wednesday.

The survey showed that 25.4 percent of South Koreans are likely to cope with a mental disorder at some point in their lives, the Ministry of Health and Welfare said. The poll was conducted on 5,102 people aged over 18 between July and November of last year.

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