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Yonhap News Summary

All Headlines 13:30 September 07, 2018

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

Moon's approval rating dips below 50 pct

SEOUL -- President Moon Jae-in's approval rating dropped below 50 percent this week for the first time since his inauguration last year, a poll showed Friday.

Moon's approval rating came to 49 percent, down 4 percentage points from a week earlier, in a survey conducted by Gallup Korea. It is the lowest since he took office in May 2017.

(LEAD) Kindergarten tilts after retaining wall crumbles at construction site

SEOUL -- A kindergarten building in southern Seoul has tilted after a retaining wall at a nearby construction site collapsed, authorities said Friday. No one was injured.

The four-story Sangdo Public Kindergarten, located in the southern district of Dongjak, lent at about 10 degrees as the wall designed to prevent subsidence caved in for unidentified reasons late Wednesday night, local firefighters and police said.

LG vows to invest more in Austrian affiliate ZKW

SEOUL -- LG Electronics Inc. said Friday it will continue to invest more in Austrian automotive lighting system firm ZKW Group, which was purchased by the South Korean company earlier this year.

In April, LG Electronics bought a 70 percent stake in ZKW, with the holding firm LG Corp. purchasing a 30 percent stake. The 1.4 trillion-won (US$1.24 billion) deal marked the biggest merger project carried out by LG to date.

(2nd LD) U.S. charges N. Korean over cyber attacks

WASHINGTON -- The United States on Thursday charged a North Korean individual over his alleged cyber attacks on Sony Pictures and other entities since 2014.

The Department of Justice brought criminal charges against computer programmer Park Jin-hyok as the Department of the Treasury announced sanctions on the same individual.

(LEAD) Allies' top security advisers discuss N. Korea trip

WASHINGTON -- U.S. National Security Adviser John Bolton said Thursday he spoke with his South Korean counterpart to discuss the latter's recent trip to North Korea.

Chung Eui-yong, director of South Korea's presidential National Security Office, briefed Bolton by phone following his one-day visit to Pyongyang on Wednesday.

Moon says is seeking to establish 'irreversible' peace on Korean Peninsula

SEOUL -- South Korea is seeking to formally end its hostile relations with North Korea before the year's end to establish permanent peace that would be irreversible, South Korean President Moon Jae-in said in an interview published Friday.

"The most basic goal of our policy is that there must never be another war on the Korean Peninsula," the president said in a written interview with Indonesian newspaper Kompas.

Ruling party head mulling N.K. visit in Oct. to mark summit anniversary

SEOUL -- The chief of the ruling Democratic Party (DP) is seeking to visit North Korea next month with ruling and opposition party lawmakers if a ceremony to mark the 2007 inter-Korean summit is held in Pyongyang, officials said Friday.

Lee Hae-chan is considering traveling to North Korea to promote inter-Korean reconciliation if North Korea holds celebrations for the 11th anniversary of the Oct. 4, 2007, summit, they said.

Logistical support ship Soyang to be delivered to Navy

SEOUL -- A new 10,000-ton logistical support ship will be delivered to the Navy on Friday, the state defense procurement agency said, potentially raising the country's capability to conduct long-endurance maritime operations.

The delivery of the AOE-II fast combat support ship, named Soyang, will take place at a shipyard of Hyundai Heavy Industries Co., in Ulsan, 410 kilometers southeast of Seoul, the Defense Acquisition Program Administration said.

China's top official stresses friendship with North Korea

BEIJING -- China's No. 4-ranked official emphasized the country's friendly relationship with North Korea during his surprise visit to the North's embassy in Beijing on Thursday, sources said.

Wang Yang, a member of the Chinese Communist Party's Politburo Standing Committee and chairman of the Chinese People's Political Consultative Conference, praised the family of North Korea's founder Kim Il-sung and its outcome as a socialist country during his address at the embassy's reception to celebrate the North's 70th founding anniversary.

PM: Peace process with N. Korea must be kept alive

SEOUL -- Prime Minister Lee Nak-yon said Friday that the ongoing peace process with North Korea must be kept alive so as to turn the tension-filled waters around the western sea border into a "sea of peace and prosperity."

Lee made the remark during a ceremony marking Coast Guard Day, noting that there has been a series of deadly naval skirmishes and other clashes between the South and the North around the Northern Limit Line, a de facto sea border.

Head of Asiana's IT unit named new CEO of airlines

SEOUL -- The head of Asiana IDT Inc., the information and communication technology unit of Kumho Asiana Group, has been named the new president of Asiana Airlines Inc., company officials said Friday.

Han Chang-soo will lead South Korea's second-biggest full-service carrier. The appointment came a day after Kim Soo-cheon offered to quit the top post at Asiana Airlines by taking responsibility for a recent in-flight meal fiasco.

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