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Yonhap News Summary

Yonhap News Summary 13:34 November 29, 2018

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

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(2nd LD) Supreme Court orders Mitsubishi to compensate Korean victims of wartime forced labor

SEOUL -- South Korea's Supreme Court confirmed two appellate court rulings on Thursday that ordered a Japanese company to compensate Koreans for forced labor during World War II.

The four-judge bench handed down the decisions on two damages suits against Mitsubishi Heavy Industries Ltd.

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Japan calls S. Korean court rulings on forced labor 'unacceptable'

TOKYO -- Japanese Foreign Minister Taro Kono said Thursday that South Korea's additional court rulings against a Japanese firm for wartime forced labor are "very regrettable and unacceptable."

In a statement, he said the Supreme Court verdicts run counter to the 1965 pact between the governments of the neighboring countries on normalizing bilateral diplomatic ties. He said all reparation issues related to Japan's 1910-45 colonial rule of Korea were settled through the accord.

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S. Korea provides pesticides to N. Korea to combat pine tree diseases

SEOUL -- South Korea sent about 50 tons of pesticides to North Korea on Thursday to help it combat the spread of pine tree diseases, the unification ministry said.

Trucks carrying the chemicals crossed into the North via the western land route at around 8:30 a.m., according to the ministry. They will be unloaded in the North's border town of Kaesong.

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(LEAD) Pompeo holds out hope for meeting with N. Korea

WASHINGTON -- U.S. Secretary of State Mike Pompeo said Wednesday that he is "very hopeful" for a new meeting with North Korean officials to discuss the denuclearization of the regime.

Pompeo was slated to meet with Kim Yong-chol, a close aide to North Korean leader Kim Jong-un, in New York Nov. 8, but the plan was abruptly postponed over what the U.S. called a scheduling conflict.

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Koreas to complete destruction of 10 border guard posts each, demining work at DMZ ridge

SEOUL -- The two Koreas will finish demolishing 10 guard posts in the Demilitarized Zone (DMZ) and demining a battle site in the buffer zone this week as part of their military accord to reduce tensions and build trust, Seoul's defense ministry said Thursday.

The two tasks that began in October will end Friday, in an indication that the Koreas are committed to fulfilling the accord that their defense chiefs signed in September after the third summit between President Moon Jae-in and North Korean leader Kim Jong-un in Pyongyang.

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S. Korea to expand benefits for corporate onshoring

SEOUL -- South Korea will expand incentives for onshoring companies that can help stimulate the economy and create jobs here, the government said Thursday.

In a policy meeting presided over by Prime Minister Lee Nak-yon, the government announced a set of measures to lower qualifications for tax benefits and encourage more companies to bring their offshore operations back home.

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U.N. chief reaffirms support for Korean peace process

SEOUL -- The head of the United Nations told South Korean Foreign Minister Kang Kyung-wha that his organization will continue to support the denuclearization of the peninsula and the establishment of a peace regime, Kang's ministry said Thursday.

U.N. Secretary-General Antonio Guterres met with Kang in New York on Wednesday (local time), as the minister made a stopover there on her way to Panama.
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