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Yonhap News Summary

Yonhap News Summary 17:38 March 28, 2022

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

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Youn Yuh-jung presents supporting actor Oscar in sign language

SEOUL -- South Korean actress Youn Yuh-jung signed the name of Troy Kotsur, the first deaf actor winning an Oscar, in this year's Academy Awards.

In the televised ceremony of the 94th edition on Sunday (U.S. time), Youn, as last year's best supporting actress, took the stage to present the prize of Actor in a Supporting Role, for which five nominees -- Kotsur of "CODA," Ciaran Hinds of "Belfast," J.K. Simmons of "Being the Ricardos," and Jesse Plemons and Kodi Smit-McPhee of "The Power of the Dog" -- were competing.

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S. Korea, U.S. weighing options over possible N. Korean nuclear test: official

SEOUL -- South Korea and the United States are contemplating measures to take in case North Korea conducts another nuclear test, a Seoul official said Monday, amid signs of the reclusive regime working to restore its purportedly demolished Punggye-ri test site.

The North appears to be working on creating a "shortcut" to a tunnel at the Punggye-ri site in what could be preparations for a seventh underground nuclear experiment, according to government sources here.

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S. Korea's ministry urges N. Korea to stop nuclear activities

SEOUL -- South Korea is keeping close tabs on North Korea in close consultation with the United States amid recent signs of the secretive nation repairing its nuclear testing site, the unification ministry said Monday.

The ministry urged Pyongyang to immediately cease all relevant activities and return to the negotiating table.

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(LEAD) Gov't seeks HDC Hyundai's license cancellation over deadly Gwangju building collapse

GWANGJU/SEOUL -- The government on Monday sought the cancellation of HDC Hyundai Development Co.'s business registration in what could be the heaviest punishment against the builder over a deadly partial collapse of a high-rise building.

Outer wall structures of the 39-story apartment building under construction in the city, 330 kilometers south of Seoul, crumbled on Jan. 11, leaving six workers dead and another injured.

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(LEAD) S. Korea on alert for N. Korea's additional provocations

SEOUL -- South Korea's unification ministry expressed concerns Monday about the possibility of an accidental clash with North Korea along their border, as Pyongyang is ratcheting up tensions with a series of major missile tests.

In a report to the National Assembly committee on foreign affairs and unification, the ministry said it will stay alert to prevent the occurrence of "accidental clashes" in the inter-Korean border areas, including around the Northern Limit Line (NLL), the de facto maritime border between the two Koreas.

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S. Korean volunteers deployed to front-line units in Ukraine: official

SEOUL -- Some volunteer soldiers from South Korea were deployed in Ukrainian front-line units fighting against Russia, an official from Ukraine's military has said.

Damien Magrou, a spokesperson for the International Legion for the Defense of Ukraine, confirmed the activities of South Koreans during a recent interview with Yonhap News Agency.

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E-grocery giant Market Kurly files for preliminary listing assessment

SEOUL -- Kurly Corp., the operator of South Korean e-grocery platform Market Kurly, on Monday submitted an application for a preliminary assessment to go public on the main bourse, the main bourse operator said.

The Korea Exchange (KRX) stated in a public disclosure that Kurly tapped NH Investment & Securities Co., Korea Investment & Securities Co. and the Korean operation of JPMorgan Chase & Co. as managers of its initial public offering (IPO).
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