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Yonhap News Summary

All News 13:34 December 07, 2017

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

S. Korea's top negotiator hopes 'win-win' from military cost sharing talks with U.S.

SEOUL -- South Korea's top negotiator on defense cost sharing talks with the United States said Thursday that he will do his best to produce an outcome that will be a "win-win" for the two allies.

Chang Won-sam, who was appointed to the post in mid-November, said that the negotiations between Seoul and Washington should be understood as a process of improving "efficiency" in bilateral alliance.

S. Korea encourages Russians to compete in PyeongChang as neutrals

SEOUL -- South Korea on Thursday encouraged Russian athletes to compete in the 2018 PyeongChang Winter Olympics as neutral individuals, amid a ban on Russia competing over its state-sponsored doping.

The International Olympic Committee's Executive Board announced in Lausanne, Switzerland, this week that it would suspend the Russian Olympic Committee with "immediate effect." The board acted on recommendations by a commission led by former Swiss President Samuel Schmid, who confirmed "the systemic manipulation of the anti-doping rules and system in Russia."

Moon taps judicial training institute chief as new head of state watchdog

SEOUL -- President Moon Jae-in designated a judge as the new head of a state watchdog Thursday.

Choe Jae-hyeong was tapped as the head of the Board of Audit and Inspection (BAI), according to the presidential office Cheong Wa Dae.

N.K. warns it will not avoid war with U.S. though it does not want one

SEOUL -- North Korea has slammed U.S. officials' condemnation over its nuclear and missile programs, warning that Pyongyang will not avoid a war with the United States though it does not want one, Pyongyang's media report showed Thursday.

A spokesman at North Korea's foreign ministry said that bellicose remarks by ranking U.S. officials against the North and ongoing large-scale aerial drills between Seoul and Washington indicate that the U.S. is taking a "step-by-step" approach to provoke a war on the Korean Peninsula.

(LEAD) KEPCO chief to resign amid heightened prospect of winning nuclear deal in UK

SEOUL -- The head of Korea Electric Power Corp. has offered to quit, the company said Thursday, after South Korea's state-run utility firm was selected as the preferred bidder in a project to build a nuclear power plant in Britain.

Cho Hwan-eik said he thought that by stepping down he can "pave the way" for the younger generation and he is pleased to "leave the company in good spirits," as KEPCO is one step closer to winning a deal to build two nuclear reactors in Moorside, northwest England.

3,000 sign up for death with dignity during trial run: gov't

SEOUL -- More than 3,000 have signed up for the die with dignity program since hospitals in South Korea started carrying out end-of-life care trials, government data showed Thursday.

On Oct. 20, 13 hospitals launched a program to allow terminally ill patients with no possibility of recovery to forgo treatment before the relevant law comes into force next year. The law, which will take effect in February, was passed by the National Assembly in January last year.

S. Korea urged to strengthen regulations on nonbank financial institutions

SEOUL -- Global financial regulators urged South Korea to strengthen its regulatory and supervisory oversight of nonbank financial institutions, according to a report by the Financial Stability Board (FSB) on Thursday.

The FSB, which coordinates at the international level the work of national financial authorities around the world, said in its "peer review" of South Korea that the nation has made "good progress" in recent years in crisis management and the regulation of nonbank depository institutions.

Lonely deaths of middle-aged, youth brackets stand out amid single-person households

SEOUL -- Not only do elderly but also middle-aged and youth brackets account for a large proportion of people who die a lonely and unnoticed death amid an increase in the number of single-person households, central and local government data showed Thursday.

Cases of "godoksa," or lonely deaths of people who had no ties with their relatives or neighborhoods, no longer involve elderly people only and are seen across all age brackets, as society has an increasing number of people living alone and severing ties with their neighborhoods.

(Yonhap Feature) From commentator to CEO, new leader of S. Korea's largest MMA promotion ready to hit road

SEOUL -- To many mixed martial arts (MMA) fans in South Korea, he is best known as an omnipresent television commentator.

Kim Dae-hwan has been an iconic figure in MMA broadcasting here for 15 years. From K-1 to the Ultimate Fighting Championship (UFC), he has commentated on almost every important MMA match that has been televised in South Korea.


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