Yonhap News Summary
Name
yonhapnews
Date
2018.02.06
Yonhap News Summary
Yonhap News Summary

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

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(2nd LD) N.K. art troupe arrives in S. Korea for Olympic celebrations
   SEOUL/DONGHAE, South Korea -- North Korea's art troupe arrived in South Korea by ferry Tuesday to perform in celebration of the PyeongChang Winter Olympics as Seoul temporarily lifted its ban on the North's ships.
   The North Korean ship Mangyongbong-92 carrying the Samjiyon art troupe came to the South's Mukho port on the east coast at around 5 p.m.

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(LEAD) UN General Assembly chair to visit South Korea for PyeongChang Olympics 
   SEOUL -- United Nations General Assembly President Miroslav Lajcak will visit South Korea this week to attend the opening ceremony of the PyeongChang Winter Olympics, the foreign ministry said Tuesday. 
   Lajcak, who concurrently serves as Slovakian foreign minister, will arrive in South Korea on Wednesday for a five-day stay, according to the ministry.

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(LEAD) N.K.'s 280-member delegation to travel to S. Korea this week ahead of Olympics
   SEOUL -- A 280-member North Korean delegation including cheerleaders and taekwondo demonstrators will travel to South Korea this week ahead of the PyeongChang Winter Olympics, Seoul's unification ministry said Tuesday.
   The delegation led by Sports Minister Kim Il-guk will come to the South around 9:30 a.m. on Wednesday via a western cross-border land route, the ministry added.

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(LEAD) Leaders of S. Korea, Estonia agree to boost ties, cooperation
   SEOUL -- South Korean President Moon Jae-in and Estonian President Kersti Kaljulaid agreed Tuesday to enhance the countries' bilateral cooperation in various areas, including cyber defense and fostering startup businesses, Seoul's presidential office Cheong Wa Dae said.
   The agreement came in a bilateral summit between the leaders. Kaljulaid arrived here earlier in the day, becoming the first Estonian head of state to visit South Korea since the countries established diplomatic ties in 1991, according to Cheong Wa Dae. She is scheduled to return home Monday following her participation in the opening ceremony of the 2018 PyeongChang Winter Olympic Games, which start Friday.

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(LEAD) Seoul shares slide on foreign selling
   SEOUL -- South Korean stocks ended lower Tuesday as foreigners dumped local stocks, tracking losses on Wall Street. The won fell against the dollar.
   The benchmark Korea Composite Stock Price Index fell 38.44 points, or 1.54 percent, to 2,453.31. The main index ended in negative territory for a third straight session. 

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Gov't to launch panel to review higher property tax
   SEOUL -- South Korea's chief economic policymaker said Tuesday that the government plans to launch a panel later this month to discuss whether to raise property taxes in yet another attempt to tame rising home prices.
   "We are planning to launch a 30-member panel to discuss property tax in the context of fair taxation," Finance Minister Kim Dong-yeon said during a parliamentary inquiry.

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Number of new corporations edges up 2.3 pct in 2017
   SEOUL -- The number of new corporations set up in 2017 rose 2.3 percent on-year on the back of steady overseas demand for local products, government data showed Tuesday.
   The number of newly established corporations came to 98,330, up 2,175 from 2016, according to the data from the Ministry of SMEs and Startups. It is the ninth consecutive year the tally has increased.

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(Olympics) Won Yun-jong to bear Korean Unification Flag during PyeongChang opener
   SEOUL -- Olympic athletes of the two Koreas will march together behind a Korean Unification Flag carried by Won Yun-jong, a bobsledder from the South, at the opening ceremony of the PyeongChang Winter Games this week, according to sports officials Tuesday.
   Won was picked by the Korean Sport & Olympics Committee as the South Korean bearer of the flag and was recommended to the PyeongChang Winter Olympics Government Support Group for final approval, according to a committee representative. 
  
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(Olympics) PyeongChang 2018's top organizer confident of sellout
   PYEONGCHANG, South Korea -- The top organizer of the 2018 PyeongChang Winter Olympics said Tuesday he's confident of a sellout at the quadrennial competition.
   Lee Hee-beom, head of the PyeongChang Organizing Committee for the 2018 Olympic & Paralympic Games (POCOG), said that as of Monday, 826,000 tickets had been sold, 77.3 percent of the total available.

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(Olympics) Speed skater Lee Sang-hwa calm over Japanese rival
   GANGNEUNG, South Korea -- Two-time gold medalist in women's 500-meter speed skating Lee Sang-hwa checked in to the Gangneung Olympic Village on Tuesday.
   Upon arrival, Lee said she will not be distracted by the public's interest in her competition with her archrival Nao Kodaira of Japan for the women's 500m race, which is the South Korean skater's specialty, at the PyeongChang Winter Olympics.

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(Olympics) S. Korean figure skater Cha Jun-hwan eyes top 10 at PyeongChang
   GANGNEUNG, South Korea -- South Korea's figure skater Cha Jun-hwan is well prepared to make a top-10 finish at his first Olympics in PyeongChang, his Canadian coach said Tuesday.
   "After he won nationals and earned his spot to come to the Olympics, he came back to Toronto as a different person," Brian Oser told reporters after wrapping up Cha's first practice session at Gangneung Ice Arena three days before the opening of the PyeongChang Winter Olympics. "He was stronger; he was faster. He's pretty excited."

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(Olympics) Won Yun-jong to bear Korean Unification Flag during PyeongChang opener
   SEOUL -- Olympic athletes of the two Koreas will march together behind a Korean Unification Flag carried by Won Yun-jong, a bobsledder from the South, at the opening ceremony of the PyeongChang Winter Games this week, according to sports officials Tuesday.
   Won was picked by the Korean Sport & Olympics Committee as the South Korean bearer of the flag and was recommended to the PyeongChang Winter Olympics Government Support Group for final approval, according to a committee representative. 
(END)