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Yonhap News Summary

Yonhap News Summary 18:07 November 01, 2018

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


(LEAD) Samsung to provide up to 150 mln won in compensation for victims of work-related diseases

SEOUL -- The mediation committee for the dispute between Samsung Electronics Co. and its former employees suffering from work-related illnesses announced the finalized settlement for the two parties, with the plan including compensation of up to 150 million won (US$132,000) per illness.

The announcement came as South Korea's top chipmaker and an advocacy group representing victims of work-related diseases, the Supporters for the Health and Rights of People in the Semiconductor Industry (SHARPS), inked an agreement in July to unconditionally accept the decision of a mediator on the contentious issue that has been unsettled for over 10 years.


(LEAD) S. Korean football player banned for life from nat'l team over doctoring records

SEOUL -- South Korean football player Jang Hyun-soo has been hit with a life-time ban from the national team for doctoring his community service records.

The Korea Football Association (KFA)'s sports fair play committee, formerly the discipline committee, ruled on Thursday that Jang will be permanently barred from representing South Korea and will be fined 30 million won (US$26,340) for his misconduct.


(News Focus) Football player forced to end int'l career after misconduct

SEOUL -- South Korean football player Jang Hyun-soo's decorated international career has come to an end after he was slapped with a life-time ban from the national team on Thursday.

The Korea Football Association (KFA) ruled that Jang will be permanently barred from representing South Korea and will be fined 30 million won (US$26,340) for doctoring his community service records.


Koreas to hold meeting of liaison office chiefs

SEOUL -- South and North Korea will hold a meeting of liaison office chiefs for the first time in about a month on Friday, a unification ministry official said Thursday.

Vice Unification Minister Chun Hae-sung and his North Korean counterpart, Jon Jong-su, will meet at around 10 a.m. at the liaison office in the North's border town of Kaesong, according to the official.


(3rd LD) Supreme Court rules religious belief valid reason for refusing mandatory military service

SEOUL -- The Supreme Court ruled Thursday that religious and conscientious beliefs are to be considered valid reasons for refusing the military service mandate, overturning its decision from 14 years ago.

In a 9-4 vote, the full bench led by Chief Justice Kim Meong-su delivered the decision and ordered an appellate court to retry the case of Oh Seung-hun, effectively stating that the appellant should be cleared of the conviction.


S. Korean economy likely to grow 2.6 pct in 2019: think tank

SEOUL -- South Korea's economy is expected to grow 2.6 percent next year due to sluggish exports and business investment, a major think tank said Thursday, deepening concerns that Asia's fourth-largest economy has entered a downside cycle.

The forecast by the Korea Institute of Finance (KIF) is slightly grimmer than the government's prediction of 2.8 percent and the Bank of Korea's 2.7 percent projection.


(Yonhap Interview) N. Korea wants embassy in Ankara but sanctions relief needed first: Turkish envoy

SEOUL -- North Korea is eager for the opening of an embassy in the Turkish capital and the resumption of humanitarian aid from the former enemy, Ankara's top envoy here said Thursday.

Ambassador Ersin Ercin, however, made it clear that it can't be an option without progress on denuclearization and sanctions relief.

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