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Yonhap News Summary

All Headlines 12:44 September 10, 2018

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

S. Korea, Indonesia to hold summit on regional, economic cooperation

SEOUL -- South Korean President Moon Jae-in and Indonesian President Joko Widodo were set to hold a summit Monday to discuss ways to increase their countries' bilateral and regional cooperation.

Widodo arrived in Seoul on Sunday on a three-day state visit that reciprocated Moon's state visit to his country last year. The two leaders last met in Jakarta in November, in which they agreed to upgrade their countries' bilateral relationship to a "special strategic partnership."

Moon's approval rating drops for fifth straight week

SEOUL -- President Moon Jae-in's approval rating continued to drop to a new low last week amid growing economic concerns, a poll showed Monday.

In a survey conducted by Realmeter, Moon's support came to 53.5 percent, down 1.7 percentage points from a week earlier. The weekly survey was conducted Monday through Friday, involving 2,509 adults across the nation.

Unwavering, consistent measures necessary for chaebol reform: senior official

SEJONG -- Unwavering and consistent policies are necessary to help the country's conglomerates further improve their ownership structure and overhaul unfair business practices, a senior government official has said.

"There are still many things to be done to improve their ownership structure, although we have already created lots of systems," Shin Bong-sam, the chief of the business group bureau at the Fair Trade Commission (FTC), said in an interview with Yonhap News Agency last week.

(2nd LD) S. Korean spy agency chief briefs Abe on N. Korea trip

TOKYO/SEOUL -- The head of South Korea's state intelligence agency on Monday briefed Japanese Prime Minister Shinzo Abe on the results of a South Korean presidential delegation's trip to Pyongyang last week.

Suh Hoon, director of the National Intelligence Agency (NIS) and a member of the delegation, arrived in Tokyo on Sunday.

'On Your Wedding Day' loses top spot at box office to 'Searching'

SEOUL -- "Searching" dethroned "On Your Wedding Day" at the top of the box office on the weekend, while "Along With the Gods: The Last 49 Days" became the 12th most-watched film of all time in South Korea.

The American thriller led by John Cho rose a spot by collecting 767,675 views in its second weekend, data from the Korean Film Council showed Monday.

(2nd LD) N. Korea's media report on military parade, mass games

SEOUL -- North Korea's media reported Monday on a military parade staged in Pyongyang, a day after the event took place to celebrate the country's 70th founding anniversary.

"A military parade and a public procession of Pyongyang citizens for celebrating the 70th birthday of the DPRK took place with splendor in Kim Il Sung Square Sunday," the Korean Central News Agency said in English.

N. Korea pledges to build powerful economy at national meeting

SEOUL -- North Korea's regime called for self-reliance and independent efforts for economic construction at a national meeting held in Pyongyang on Sunday as part of its celebratory events for the country's 70th founding anniversary, the North's media said Monday.

The Korean Central News Agency (KCNA) said that the national meeting took place at the May Day Stadium in Pyongyang and was attended by North Korean leader Kim Jong-un, foreign diplomats and representatives of international organizations.

Lotte vice chairman meets Indonesia's Widodo to seek cooperation

SEOUL -- The chief executive of South Korean retail giant Lotte's holding company met with Indonesian President Joko Widodo on Monday to discuss ways to strengthen their bilateral ties, the company said.

Lotte Group Vice Chairman Hwang Kag-gyu, who co-represents Lotte Corp., met the Indonesian leader in Seoul to brief the conglomerate's businesses in the Southeast Asian country and seek further support, according to the company.

Hyundai supplies vehicles to Ars Electronica in Austria

SEOUL-- Hyundai Motor Co., South Korea's biggest carmaker by sales, said Monday it has supplied its vehicles to support an art festival held in Austria, a move to promote its brand image in Europe.

Hyundai offered its vehicles such as the Kona subcompact sport utility vehicle and the Ioniq electric car to the Ars Electronica festival in Austria's Linz held from Thursday through Monday. The cars were used for participating artists and visitors, the company said in a statement.

(Yonhap Interview) Diversity underpins competitiveness of Australian wine: sommelier

SEOUL -- Beyond the commonplace measure of taste and texture, diversity based on Australia's geological and climatic varieties underpins the competitiveness of the country's wine, a renowned connoisseur has said.

During a recent interview with Yonhap News Agency in Seoul, Ned Goodwin, Australian master of wine, said that wine is like a "liquid postcard" that enables people to get a taste of uniqueness in certain parts of Australian life.


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