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Yonhap News Summary

Yonhap News Summary 13:30 November 08, 2018

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

(2nd LD) Trump says summit with N. Korea to happen early next year

WASHINGTON -- U.S. President Donald Trump said Wednesday that he expects to meet North Korean leader Kim Jong-un "sometime early next year."

Trump's remarks came hours after the U.S. announced the postponement of Thursday's scheduled meeting between Secretary of State Mike Pompeo and North Korean officials in New York.

N. Korea delayed New York talks with U.S.: S. Korean minister

SEOUL -- North Korea called for the postponement of high-level talks with the United States in New York, Seoul's top diplomat said Thursday.

Speaking at a National Assembly session, Foreign Minister Kang Kyung-wha cited consultations with Washington on the issue.

(3rd LD) Gen. Abrams takes office as new U.S. Forces Korea chief

PYEONGTAEK, South Korea -- Army Gen. Robert B. Abrams took office as the new commander of U.S. Forces Korea (USFK) on Thursday, amid diplomatic efforts by Seoul and Washington to build a lasting peace on the divided peninsula.

The change-of-command ceremony took place at Barker Field in Camp Humphreys, a sprawling U.S. military complex in Pyeongtaek, 70 kilometers south of Seoul. It was attended by top South Korean and U.S. officials, including Seoul's Defense Minister Jeong Kyeong-doo and Indo-Pacific Command chief Adm. Philip Davidson.

PM orders bolder measures to tackle fine dust

SEOUL -- Prime Minister Lee Nak-yon instructed the government Thursday to establish an interagency team to come up with more efficient and bolder measures to tackle fine dust.

Lee made the remark during a weekly government policy coordination meeting, a day after the worst fine dust of the season blanketed South Korea, forcing the government to take emergency measures to curb air pollution.

Retail sales, service output face extended slump in restructuring-hit region

SEJONG -- Retail sales and service output in restructuring-hit regions continued to remain in a slump in the third quarter, government data showed Thursday.

According to the data compiled by Statistics Korea, service output in South Gyeonsang Province, North Jeolla Province and Ulsan city suffered a decline of 0.8 percent, 0.6 percent and 0.2 percent, respectively, in the July-September period, from a year earlier.

Samsung unveils upcoming foldable smartphone

SAN FRANCISCO -- Samsung Electronics Co. on Wednesday showcased its upcoming smartphone with a foldable display slated to be released in the early part of 2019.

At the Samsung Developer Conference 2018 held in San Francisco, the South Korean tech giant outlined some specs of its much-anticipated "Infinity Flex Display" display technology, calling it the next big breakthrough.

(2nd LD) Kakao Q3 operating income falls 35 pct

SEOUL -- Kakao Corp., the operator of South Korea's top mobile messenger KakaoTalk, said Thursday its third-quarter operating profit fell 35 percent from a year earlier, due to increased costs from its new businesses.

Operating income reached 30.7 billion won (US$27.3 million) in the July-September period from 47.4 billion won a year ago, the company said in a regulatory filing.

Huawei officials acquitted of stealing confidential info from rival firm

SEOUL -- A Seoul court on Thursday found two officials at the South Korean unit of Huawei Technologies Co. not guilty of stealing confidential information about a key mobile communications technology from a rival company.

The Seoul Central District Court handed down the verdict to a Huawei Korea executive, identified only by his surname, Kang, and vice president surnamed Kim. The verdict also applies to Huawei's Seoul unit.

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