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Yonhap News Summary

Yonhap News Summary 13:30 January 29, 2019

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

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Seoul shares down 0.11 pct late Tuesday morning

SEOUL -- South Korean stocks traded lower late Tuesday morning on concerns over the slowing Chinese economy.

The benchmark Korea Composite Stock Price Index fell 10.15 points, or 0.47 percent, to 2,167.15 as of 11:20 a.m.

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Cabinet waives feasibility studies for 24.1 tln won worth of projects

SEJONG -- The Cabinet on Tuesday approved the waiving of preliminary feasibility studies for 23 projects worth 24.1 trillion won (US$21.5 billion) in the latest move to promote balanced regional development.

The decision means that the projects will be on the fast track for implementation across the country except Seoul.

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Seoul proposes plans to N. Korea for joint independence movement anniv. celebration

SEOUL -- South Korea is awaiting a response from North Korea on its recent proposal to jointly mark this year's anniversary of the March 1 Independence Movement against Japan's colonial rule, a unification ministry official said Tuesday.

"We have delivered our own proposals to North Korea and are currently waiting for its response," the official told reporters on condition of anonymity, declining to provide details.

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Survivor of wartime sex slavery, iconic activist, dies at 93

SEOUL -- Kim Bok-dong, a Korean victim of wartime sexual slavery known for her dedication in later years to advocating for human rights and peace, has passed away, an organization that represents the victims said Tuesday. She was 93.

Kim died at 10:41 p.m. on Monday at Yonsei Severance Hospital in western Seoul, according to the Korean Council for Justice and Remembrance. Besides old age, she had been battling cancer.

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S. Korean foreign ministry officials due in Japan amid tensions

SEOUL -- A group of South Korean foreign ministry officials will visit Japan on Tuesday to tour U.N.-flagged military bases in Japan, a diplomatic source here said.

It will provide them with a chance for a meeting with their Japanese counterparts, with the two sides at odds over an alleged radar lock-on incident involving a Japanese maritime patrol jet and a South Korean naval destroyer in December.

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Natural disasters kill more than 200 people in N.K. in 2018: U.N.

SEOUL -- Natural disasters killed 237 people in North Korea in 2018, marking the ninth-largest figure in the world during the period, a recent U.N. report showed Tuesday.

Of the total, 151 were killed in a flood in August that was reported as the ninth deadliest disaster last year, according to the 2018 Disaster Review by the U.N. Office for Disaster Reduction and the Centre for Research on the Epidemiology of Disasters in Belgium.

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Ticket sales for BTS concert film top 200,000 in 3 days

SEOUL -- "Love Yourself in Seoul," the second documentary film capturing the thrill of live BTS concerts, attracted more than 200,000 local movie goers in the first three days after its release at some local screens last week, data showed Tuesday.

The accumulated ticket sales for the film, which hit 161 theaters on Jan. 26, reached 207,339 as of Monday, according to the Korean Film Council's box office data.
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