Go to Contents Go to Navigation

Yonhap News Summary

All News 17:00 January 10, 2018

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

(3rd LD) Moon calls for Japan's sincere apology to resolve sex slavery issue

SEOUL -- President Moon Jae-in on Wednesday urged Japan to accept historical truth and make a heartfelt apology to the victims of its wartime sexual slavery as part of efforts to resolve the longstanding feud over the issue between the two countries.

In a nationally televised press conference, Moon reaffirmed that a controversial 2015 deal with Japan aimed at resolving the issue once and for all was reached "in the wrong way," which excluded the opinions of the victims.

PM: N. Korea expected to send 400-500 people to PyeongChang Olympics

SEOUL -- North Korea is expected to send a delegation of between 400-500 people to South Korea for the PyeongChang Winter Olympics, Prime Minister Lee Nak-yon said Wednesday.

On Tuesday, South and North Korea agreed, in their first high-level talks since 2015, that the North would send high-ranking officials, athletes, cheering and performing arts squads, taekwondo demonstration teams and journalists, to next month's Winter Games.

USFK chief sounds cautious note on N. Korea's peace overture

SEOUL -- The commanding general of U.S. Forces Korea (USFK) on Wednesday remained cautious about North Korea's motivation behind its decision to hold talks with the South as part of its recent peace offensive.

"The fact that (the inter-Korean talks) happened, I think, is notable, and that such a step has not been chosen before by North Korea," the USFK commander Gen. Vincent K. Brooks said during a luncheon meeting organized by the American Chamber of Commerce in Korea (AMCHAM) in Seoul.

S. Korean defense chief reaffirms robust alliance with U.S.

SEOUL -- South Korean Defense Minister Song Young-moo reassured the United States on Wednesday that their strong alliance will remain rock solid despite renewed inter-Korean dialogue.

He delivered the message to U.S. Army Secretary Mark T. Esper in their Seoul meeting.

EU welcomes outcome of inter-Korean talks as positive step for Koreas' relations

SEOUL -- The European Union welcomed the outcome of the recent talks between South and North Korea, labeling the talks as a positive step toward improved inter-Korean relations, a statement showed Wednesday.

The high-level talks on Tuesday "are an encouraging signal, representing a positive step towards the improvement of inter-Korean relations," the statement, issued by Federica Mogherini, the EU's high representative for foreign affairs and security policy, said.

Foreign capital inflow into S. Korea hits 5-year high in 2017

SEOUL -- The inflow of foreign capital to South Korea's equity market rose to the highest level in five years in 2017 as robust exports by Asia's fourth-largest economy bolstered investor sentiment, the central bank said Wednesday.

Foreign investors bought US$19.5 billion worth of Korean stocks and bonds last year, nearly nine times greater than the $2.17 billion total for 2016, the Bank of Korea (BOK) said.

(LEAD) S. Korean stocks down on tech slump

SEOUL -- South Korean stocks closed lower Wednesday on tech heavyweight losses as investors fretted over the cloudy prospect of their memory chip business, analysts said. The Korean won weakened against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) sank 10.21 points, or 0.41 percent, to close at 2,500.02. Trade volume was moderate at 440.03 million shares worth 8.43 trillion won (US$7.87 billion), with winners outnumbering losers 502 to 328.

Two-time world short track champ Choi eyes 4 golds at PyeongChang

JINCHEON, South Korea -- Two-time world short track champion Choi Min-jeong said Wednesday that she is trying to sweep all gold medals in the women's races at the upcoming PyeongChang Winter Olympic Games on her home soil.

"I've been preparing to be in top form at the Olympics. I'm doing well, I think," Choi told reporters at a press call held at Jincheon National Training Center, 30 days before the Winter Games. "If there is a possibility (for four golds), it will be better for me to get as much as I can."

Send Feedback
How can we improve?
Thanks for your feedback!