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Yonhap News Summary

All Headlines 17:30 April 17, 2019

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

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(4th LD) Jeju annuls Chinese group's license to operate S. Korea's 1st for-profit hospital

JEJU -- The Jeju provincial government on Wednesday nullified the business license of a Chinese-owned medical center as South Korea's first for-profit hospital as it missed the deadline for the launch of its operation.

The Shanghai-based Greenland Group recently requested an extension of the March 4 deadline for the opening of the Greenland International Medical Center on the southern resort island.

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(2nd LD) Moon's confidant to be released on bail after detention over opinion rigging

SEOUL -- South Gyeongsang Province Gov. Kim Kyoung-soo was set to be released Wednesday after 77 days of detention over his role in a massive rigging of online opinions.

The Seoul High Court approved Kim's request for bail but attached a condition under which he should only stay in his residence in Changwon, some 398 kilometers south of Seoul.

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Unification minister seeks cooperation with China, Japan for peace on peninsula

SEOUL -- Unification Minister Kim Yeon-chul called Wednesday for joint efforts with China and Japan to build peace on the Korean Peninsula in his first meetings with the top envoys from the neighboring countries since taking office.

"I hope South Korea and China will closely cooperate for peace on the Korean Peninsula and joint prosperity," Kim said during his meeting with Chinese Ambassador to Seoul Qiu Guohong at the government complex in Seoul.

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(2nd LD) Apartment arson suspect detained for stabbing five residents to death

JINJU -- A man in Jinju, southeastern South Korea, set his apartment aflame on Wednesday and attacked fleeing residents with a knife, killing five of them and injuring 13, police said.

The 42-year-old arson and murder suspect, identified only as his family name Ahn, set fire to his apartment building in Jinju, about 435 kilometers southeast of Seoul, at around 4:29 a.m. before randomly stabbing other residents coming out of their houses to evacuate, police said.

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BTS hopes to use its power to spread 'positive influence'

SEOUL -- BTS said Wednesday it took several years of sweat and tears and fans' support to become the K-pop superstars they are today and now they want to use their power to spread a "positive influence."

"At first, we started out as innocent (boys)," BTS member Suga said in a press conference at Dongdaemun Design Plaza in central Seoul to promote its new album. "All seven of us wanted to do music and performances, and it took a long, hard time. During the time, we failed and tried again, and failed and tried again, a process by which a lot of people seem to have been inspired.

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Unification minister says S. Korea will lead peninsula's peace process

SEOUL -- Unification Minister Kim Yeon-chul said Wednesday that South Korea will play a leading role in resolving the North Korean nuclear issue and establishing a lasting peace on the Korean Peninsula.

Kim made the remark during a forum on inter-Korean relations in Seoul, saying there is still a "long way to go" and many "obstacles" to overcome, one year after President Moon Jae-in and North Korean leader Kim Jong-un held their first summit last year.

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S. Korean shares take breather after rising for 13 consecutive sessions

SEOUL -- South Korean stocks finished slightly lower Wednesday as investors opted to cash in recent gains following a bullish run, analysts said. The Korean won rose against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) inched down 2.74 points, or 0.12 percent, to close at 2,245.89. Trading volume was moderate at 445 million shares worth 5.42 trillion won (US$4.77 billion), with gainers outnumbering losers 470 to 372.
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