Welcome to Arirang News.
This is Key Kim
And we start with our top headlines at this hour.
South Korean President Moon Jae-in strongly urged Japan to sincerely reflect on its past wrongdoings on Wednesday, also saying the country has no right to claim settlement of its sexual slavery of Korean women, despite the countries' 2015 deal that he called flawed.
"Also in resolving the issue of sexual slaves, the Japanese government, the perpetrator, must not say it is 'over'," the president said in a speech marking the anniversary of the 1919 March 1 Movement, in which tens of thousands of Koreans staged street rallies to declare the country's independence from Japan's colonial rule.
The ceremony was held at Seodaemun Prison, which was used by Japan's colonial government to hold and persecute nearly 100,000 Korean independent fighters during its 1910-45 colonial rule of Korea.'
The president said what his country and its victims wanted to see from Japan was a sincere apology.
He also urged Japan to stop making its territorial claim to South Korea's eastern-most island of Dokdo.
The president stressed “ Dokdo is our land that was first occupied in the process of Japan's invasion of Korea. It is our native territory,"
Saying the country's own efforts were what had won its independence from the Japanese colonization, the president called for efforts to ensure peace on the Korean Peninsula.
A high-level North Korean delegation reiterated the country's existing position on joint military exercises between South Korea and the United States when they visited the South for the closing ceremony of the PyeongChang Olympics.
Unification Minister Cho Myoung-gyon made the remark while briefing members of the ruling Democratic Party about the results of meetings with the North's delegation, led by Kim Yong-chol, a vice chairman of the Central Committee of the North's ruling Workers' Party.
Participants asked Cho if the North's delegation expressed concern about South Korea-U.S. military exercises, and Cho said in response that the North expressed its "existing basic position" on the issue.
North Korea has long demanded a halt to annual South-U.S. military exercises, denouncing them as a rehearsal for invasion of the country. Seoul and Washington have rejected the North's demand, saying the maneuvers are purely defensive.
Officials in Seoul said they will announce when to resume the exercises after the Paralympics are over.
A senior member of the U.S. Senate Armed Services Committee has confirmed that there have been no discussions between Seoul and Washington about a further delay of the allies' postponed joint military drills.
South Korea's exports moved up 4 percent on-year in February, with its growth slowing mainly due to fewer working days caused by the Lunar New Year holiday, government data showed Thursday.
Outbound shipments reached US$44.88 billion in the one-month period, up from $43.16 billion a year ago, according to the data compiled by the Ministry of Trade, Industry and Energy.
Exports rose for the 16th consecutive month, but numbers were affected by the four-day holiday in South Korea as well as people taking days off to celebrate the Lunar New Year in China. China is South Korea's largest export destination.
Imports rose 14.8 percent on-year to $41.57 billion last month.
South Korea's trade surplus came to $3.31 billion, marking 73 straight months in which the country's exports have exceeded imports.
The ministry said the global economic recovery and high sales prices of major export items would create a favorable environment for Korean exporters, but cautioned over rising protectionism in major economies and the potential impact of U.S. interest rate hikes this year.
GM Korea Co., which requested support from the government to maintain a production line in the country, may have suffered losses of US$ 831.4 million in 2017, latest data showed Thursday.
The provisional numbers offered by the carmaker to the government and the Korea Development Bank (KDB), showed the South Korean unit of U.S. automaker General Motors Co., posted annual losses for four straight years.
Market watchers said the rise in losses may be linked to the decision by GM to halt exports of Chevrolet branded cars to Europe in 2013, which directly impacted South Korean operations. The choice of what kinds of cars have been built in the country further hurt sales, they said.
Moving to weather forecast,
Strong winds would make you feel colder than the actual temperature, highs today will reach up to 2 degrees in Seoul, 8 degrees in Gwangju, and 11 degrees on Jejudo island.
Strong wind advisory has been issued for Daegu, some parts of Gangwondo and Chungcheongbukdo provinces.
Air quality will get better during the day.
The current temperatures are:
_______ degrees in Seoul
_______ degrees in Pyeongchang
_______ degrees in Suwon
_______ degrees in Daegu
_______ degrees in Busan
And _______ degrees on Jejudo Island