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Yonhap News Summary

Yonhap News Summary 13:24 January 10, 2019

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

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(2nd LD) Moon voices need for 'bolder' denuclearization steps to end sanctions

SEOUL -- South Korean President Moon Jae-in on Thursday stressed the need for North Korea to take more concrete and faster denuclearization steps while also highlighting the importance of corresponding measures by the international community to further accelerate the denuclearization process.

"I believe North Korea needs to take practical denuclearization steps more boldly if it wishes to resolve the issue of international sanctions because the issue of international sanctions depends on the speed of North Korea's denuclearization process," the president told a press conference held at his office Cheong Wa Dae.

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(3rd LD) N.K. leader reaffirms denuclearization commitment, vows efforts for 2nd summit with Trump

SEOUL -- North Korean leader Kim Jong-un has reaffirmed his denuclearization commitment and vowed efforts to produce good results from his second meeting with U.S. President Donald Trump, state media from both sides said Thursday.

Kim made the pledge during his summit with Chinese President Xi Jinping in Beijing on Tuesday, according to China's Xinhua News Agency. Kim was in China for a four-day trip, his fourth visit to the neighboring ally in about 10 months.

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China's Xi accepts Kim's invitation to visit North Korea

SEOUL -- Chinese President Xi Jinping has agreed to make his first visit to North Korea since leader Kim Jong-un took power more than seven years ago, Pyongyang's official news agency reported Thursday.

Xi "gladly accepted" Kim's invitation to visit the country when they held summit talks in Beijing on Tuesday and notified Kim of his visit plans, the North's official Korean Central News Agency said in a Korean-language dispatch.

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(LEAD) Moon vows to maintain gov't economic policy line

SEOUL -- President Moon Jae-in said Thursday that he plans to stick to his economic policies that are being criticized amid the slowing economy and tepid job creation, citing the need for sustainable growth.

The president said that the government will make up for shortfalls if needed but that it will maintain its economic policy line -- promoting income-driven growth, innovation-led growth and a fair economy.

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(LEAD) (News Focus) NK-China summit raises cautious optimism about 2nd Trump-Kim meeting

SEOUL -- Cautious optimism is growing over a much-anticipated summit between Washington and Pyongyang, as North Korean leader Kim Jong-un has formally secured support from Chinese President Xi Jinping for his plan to meet again with President Donald Trump, analysts said Thursday.

During his meeting with Kim in Beijing earlier this week, Xi threw his weight behind Pyongyang's "continued adherence to the direction of denuclearization" and backed North Korea and the U.S. "holding summits and achieving results," China's Xinhua News Agency reported.

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S. Korea announces blueprint of regulatory sandbox program

SEOUL -- The South Korean government on Thursday announced its blueprint for the so-called regulatory sandbox program, which centers on encouraging local companies to seek innovation and new opportunities by providing them with more freedom and less control.

"A regulatory sandbox is a policy that seeks balance between fostering new technologies or industries along with promoting public values, such as lives and the safety of the people. Eventually, it aims to set up a precise and safe regulatory plan," the Office for Government Policy Coordination said.

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(LEAD) Cabbie in apparent self-immolation protest dies

SEOUL -- A cabbie presumed to have set himself and his taxi on fire in another apparent suicide protest over a planned commercial ride-sharing service, died in hospital early Thursday, police said.

A sedan taxi near Gwanghwamun Station in central Seoul caught fire on Wednesday night. The driver, only identified by the last name Lim, was moved from his vehicle with severe burns on much of his body.

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Short tracker resumes training amid ex-coach's sex assault allegation

SEOUL -- South Korean Olympic short track speed skating champion Shim Suk-hee rejoined the national team Thursday amid fresh allegations that she was sexually assaulted by her former coach.

Shim was allowed to briefly leave the team on Wednesday but returned to the camp at the Taereung National Training Center in Seoul early Thursday, according to Song Kyung-taek, the current national team coach.
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