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Yonhap News Summary

Yonhap News Summary 16:44 November 29, 2018

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

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Moon's adviser calls for prompt second U.S.-N. Korea summit

SEOUL -- The United States and North Korea should hold their second summit at an early date to break the impasse in their denuclearization talks, a special adviser to President Moon Jae-in said Thursday.

Moon Chung-in, who serves as special presidential adviser for unification, foreign and security affairs, made the remark during a seminar in Seoul, calling for a "political decision" by U.S. President Donald Trump.

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(5th LD) S. Korea irked by Japan's 'overreaction' to court rulings on wartime forced labor

SEOUL/TOKYO -- The South Korean government urged Japan on Thursday to refrain from "overreacting" to Seoul court rulings against a Japanese firm for wartime forced labor.

"It's very regrettable that the Japanese government is continuing to respond excessively to our judiciary's ruling, and (we) call for its restraint," the foreign ministry's spokesman, Noh Kyu-duk, said at a press briefing.

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Samsung Lions sign ex-MLB pitcher McGuire

SEOUL -- South Korean baseball club Samsung Lions have signed a former major league right-hander, Deck McGuire.

The Korea Baseball Organization (KBO) team said on Thursday the 29-year-old American has agreed to a one-year deal worth up to US$950,000. McGuire will make $600,000 in guaranteed salary and got a $100,000 signing bonus. He can make an additional $250,000 in incentives.

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S. Korean shares end higher on U.S. gains

SEOUL -- South Korean shares ended higher Thursday as foreigners increased their stock purchases after sharp overnight gains on Wall Street. The won rose against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 5.88 points, or 0.28 percent, to 2,114.10. Trading volume was moderate at 300.49 million shares worth 5.12 trillion won (US$4.6 billion), with winners outnumbering losers 456 to 365.

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Perpetrators of DUI accidents get heavy prison sentences in recent court rulings

SEOUL -- South Korean courts have recently been meting out increasingly heavier punishments against drunk driving perpetrators, apparently reflecting rising public criticism over legal leniency for driving under the influence (DUI).

Prosecutors demanded a six-year imprisonment for musical director Hwang Min, who was indicted for a drunk driving accident near Seoul in August that killed two of his fellow actors, during a court hearing in Uijeongbu on Wednesday.

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N. Korean FM arrives in Beijing en route to Vietnam

BEIJING -- North Korean Foreign Minister Ri Yong-ho arrived in Beijing on Thursday, apparently on his way to Vietnam where he is expected to take a first-hand look at the Southeast Asian nation's reform policy.

Upon arrival at Beijing's Capital International Airport, Ri was greeted by the North's ambassador to China and other officials and left the airport. Ri is expected to take a flight to Vietnam later in the day as he is scheduled to make a four-day visit to the Southeast Asian nation starting Thursday.

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T'way adds routes to link Daegu with Hanoi, Kumamoto

SEOUL -- T'way Air Co., a South Korean budget carrier, said Thursday it has added new routes linking Daegu to Hanoi, Vietnam, and Kumamoto, Japan, as part of its ongoing efforts to strengthen its flight services.

The flights linking Daegu International Airport, some 300 kilometers southeast of Seoul, will be available starting Thursday, the company said in a statement.

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(LEAD) 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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S. Korea holds fair in S. Africa

SEOUL -- South Korea's trade promotion agency said Thursday that it is hosting a consumer goods trade fair in South Africa to help local firms tap into the large African market.

The Korea Trade-Investment Promotion Agency (KOTRA) said it is holding the trade exhibition in the port city of Cape Town in South Africa from Wednesday (local time) for a two-day run.

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OECD forum on well-being closes, adopts Incheon Declaration

INCHEON -- An Organization for Economic Cooperation and Development (OECD) global forum on well-being closed in South Korea on Thursday, with the Incheon Declaration adopted to renew its commitment toward better quality of life.

During the three-day run, some 3,000 leaders, experts and civic activists from 100 countries attended the OECD World Forum on Statistics, Knowledge and Policy.
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