Yonhap News Summary

▲ The suspect behind the stabbing attack against opposition leader Lee Jae-myung is escorted into a vehicle on Jan. 4, 2024, following a court hearing in Busan. (Yonhap)

Yonhap News Summary

Yonhap News Summary

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

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(LEAD) Police to decide whether to disclose identity of opposition lawmaker's assailant

SEOUL -- Police plan to decide this week whether to disclose the identity of the suspect in the stabbing attack against opposition leader Lee Jae-myung, officials said Monday.

The 67-year-old suspect, known only by his family name Kim, was formally arrested Thursday on charges of stabbing Lee, the chairman of the Democratic Party (DP), in the neck with a camping knife in the southeastern port city of Busan two days earlier.

https://en.yna.co.kr/view/AEN20240108003500315?section=national/national

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Presidential office mulls 'credit pardons' for small biz owners

SEOUL -- The presidential office is considering deleting records of overdue loan repayments for small business owners and vulnerable groups whose payments were delayed due to the impact of the COVID-19 pandemic, an official said Monday.

The "credit pardons" will likely be granted ahead of the Lunar New Year holiday, which this year falls on Feb. 10, as the government considers various measures to improve people's livelihoods and revive the economy.

https://en.yna.co.kr/view/AEN20240108002600315?section=national/politics

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S. Korea to launch two more military spy satellites this year

SEOUL -- South Korea plans to launch two more military spy satellites this year to better monitor North Korea, the state arms procurement agency said Monday, a move that could heat up the inter-Korean space race.

The Defense Acquisition Program Administration (DAPA) said two synthetic aperture radar (SAR) satellites are scheduled to be launched on a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida in April and November, respectively.

https://en.yna.co.kr/view/AEN20240108002400315?section=nk/nk

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(LEAD) Taeyoung under pressure to unveil new self-rescue measures

SEOUL -- The troubled Taeyoung Engineering & Construction Co. has taken steps to fulfill self-rescue efforts and is expected to announce additional measures to win creditors' approval for the initiation of a debt workout program, officials said Monday.

Last month, Taeyoung applied for a debt restructuring program due to a liquidity shortage over real estate project financing (PF) loans and announced a set of self-rescue measures.

https://en.yna.co.kr/view/AEN20240108002851320?section=news

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FM nominee vows to accelerate S. Korea-U.S.-Japan cooperation amid growing N.K. threats

SEOUL -- South Korea's foreign minister nominee vowed Monday to focus on accelerating cooperation with the United States and Japan amid growing missile and nuclear threats from North Korea.

North Korea has recently upped the ante on the Korean Peninsula, firing several dozens of artillery shells near the inter-Korean border for three consecutive days.

https://en.yna.co.kr/view/AEN20240108003651315?section=nk/nk

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