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Yonhap News Summary

All News 13:38 January 04, 2019

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


(LEAD) Embassy: N. Korea replaced its top diplomat in Rome in late November

SEOUL -- Italy's diplomatic authorities confirmed Friday that North Korea recently replaced its top envoy in Rome, while remaining guarded about whether it's linked with a reported asylum bid by a North Korean diplomat.

An official at the Italian Embassy in Seoul said Jo Song-gil had served as the chargés d'affaires of the North's diplomatic mission there since Oct. 9, 2017.


(LEAD) S. Korea to create favorable conditions for corporate investments

SEJONG -- South Korea's finance minister said Friday that public companies will boost their investments this year as he vowed to make efforts to bolster corporate investments.

"We will make every effort to create favorable conditions for corporate investments to revitalize the economy," Hong Nam-ki, the minister of economy and finance, said in a meeting with other senior policymakers in Seoul.


U.N. envoy on human rights to visit S. Korea next week

SEOUL -- A United Nations expert on human rights will visit South Korea next week to collect information on North Korea, his office has said.

Tomas Ojea Quintana, special rapporteur on the human rights situation in North Korea, will meet government and civic group officials and North Korean defectors during his trip to Seoul from Monday to Friday next week, according to the office.


(LEAD) Ex-Supreme Court chief summoned for questioning in power abuse scandal

SEOUL -- Former Supreme Court Chief Justice Yang Sung-tae has been called in for questioning as a suspect next week over his alleged role in a power abuse scandal involving former top court officials, the prosecution said Friday.

The Seoul Central District Prosecutors' Office has requested his presence for an interrogation at 9:30 a.m., next Friday, its officials said.


Imported car sales up 11.8 pct in 2018

SEOUL -- Sales of imported vehicles in South Korea continued to rise last year, aided by firm demand for foreign brands and the resumption of sales by Audi Volkswagen, industry data showed Friday.

The number of newly registered foreign vehicles reached 260,705 last year, up 11.8 percent from a year earlier, the Korea Automobile Importers & Distributors Association (KAIDA) said in a statement.


(Yonhap Feature) S. Koreans' appetite for racetrack driving kicks into high gear

SEOUL -- Kim Kyoung-il, a 24-year-old airport worker, took a day off last month to try driving a high-performance sports car at a racetrack near his workplace.

He was one of six people to drive BMW's high-performance M models at BMW Driving Center, which is adjacent to Incheon International Airport, west of Seoul, for 1 1/2 hours.


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