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Yonhap News Summary

All Headlines 17:59 April 16, 2018

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

USFK command to relocate to Pyeongtaek in summer: sources

SEOUL -- The Yongsan era of the U.S. Forces Korea (USFK) will draw to a close in the coming months with an official transfer ceremony at an expanded base south of Seoul, defense sources here said Monday.

"The USFK headquarters will relocate to Camp Humphreys by June or July. A transfer ceremony is provisionally slated for early July," an informed source told Yonhap News Agency. "No date has been fixed yet, with the USFK leadership currently preoccupied with preparing for the (upcoming) South-North summit talks."

Moon calls for measures to improve public safety

SEOUL -- President Moon Jae-in on Monday called for effective measures to improve public safety as the country marked the fourth anniversary of the deadly sinking of the Sewol ferry.

Moon made the call during a meeting with his top secretaries, citing a recent survey that found a majority of citizens believe the country's disaster response system is not much different from what it used to be when the ferry sank, leaving 299 passengers dead and five missing.

S. Korea holds nationwide memorial service for Sewol victims on 4th anniv.

ANSAN/SEOUL -- South Korea held a nationwide memorial service on Monday for the victims of a tragic ferry sinking in 2014 that took more than 300 lives in one of the country's worst maritime disasters.

More than 5,000 mourners congregated at the joint memorial altar in a hall in Ansan, Gyeonggi Province, to mark the fourth anniversary of the sinking of the Sewol ferry, which went down in waters off the southwestern coast on April 16, 2014. The death toll came to 304, mostly high school students on a trip to the resort island of Jeju.

Regulator extends Samsung Securities probe over dividend chaos

SEOUL -- The Financial Supervisory Service (FSS) said Monday it has extended its inspection into Samsung Securities over the brokerage's "fat-finger" dividend chaos that shocked the country.

The inspection had been completed on Thursday but has been stretched out to April 27 to "figure out special details" of the dividend error, the FSS said in a statement.

Ex-President Park decides against appealing 24-year prison term

SEOUL -- Former President Park Geun-hye on Monday gave up appealing her 24-year prison sentence, but an appeals trial will still be held as the prosecution filed an appeal of its own, court officials said Monday.

Park submitted an appeal waiver to the Seoul Central District Court, officials said. The move makes clear that she's going to boycott the appeals trial, as she did the first trial. Park has boycotted all court proceedings, claiming she's being treated unfairly.

S. Korean foreign minister embarks on 3-day trip to Central Asia

SEOUL -- South Korea's top diplomat embarked upon a three-day trip to Central Asia on Monday to deepen bilateral ties with countries in the region, the foreign ministry said.

Foreign Minister Kang Kyung-wha has left for Kazakhstan on the first leg of her trip, which will also take her to Uzbekistan later, according to her ministry. She is to meet with the Kazak and Uzbek foreign ministers on Tuesday and Wednesday, respectively.

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