Yonhap News Summary

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

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■ Lee pledges capital market reform to address stock

SEOUL -- President Lee Jae Myung on Friday reiterated his commitment to capital market reform, pledging to address what he has called "undervaluation" of South Korean stocks by boosting market confidence and cracking down on market irregularities.

Lee made the pledge during a policy discussion on the capital market held at the Korea Exchange, which brought together experts, corporate representatives and government officials.

https://en.yna.co.kr/view/AEN20261113002500315?section=national/politics

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■ Lee's approval rating falls back below 40 pct: poll

SEOUL -- President Lee Jae Myung's approval rating slipped back to 39 percent this week, a weekly poll showed Friday, amid negative sentiment over his real estate policies and economic concerns.

The survey, conducted by Gallup Korea from Tuesday through Thursday on 1,002 people aged 18 and older, showed that positive assessments of Lee's performance fell 2 percentage points from the previous week, when the figure stood at 41 percent.

https://en.yna.co.kr/view/AEN20261113002700315?section=national/politics

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■ (LEAD) S. Korean economy continues to 'grow at solid pace': finance ministry

SEOUL -- The South Korean economy continues to "grow at a solid pace," although inflationary pressures stemming from high oil prices could weigh on people's livelihoods, the finance ministry said Friday.

The Ministry of Finance and Economy offered the assessment in the November edition of its economic report, known as the Green Book, signaling a more positive view of economic conditions after previously describing the economy as continuing to "recover."

https://en.yna.co.kr/view/AEN20261113001651320?section=economy-finance/economy

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■ S. Korea, France hold joint coordinating committee on nuclear energy in Saclay

SEOUL -- South Korea and France commenced their 27th joint coordinating committee on nuclear energy in France's southwestern region of Saclay this week and discussed nuclear technology cooperation, Seoul's science ministry said Friday.

The two-day event ending Friday (local time) comes as the two nations mark their 140th anniversary of diplomatic relations this year, the Ministry of Science and ICT added.

https://en.yna.co.kr/view/AEN20261112007700320?section=national/diplomacy

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■ N. Korea changes national flag's aspect ratio for 1st time since 1948

SEOUL -- North Korea has revised its constitution to change its national flag's aspect ratio for the first time since its regime was established in 1948, according to the amended basic law posted on the website of Pyongyang's propaganda outlet.

Article 166 of the revised constitution posted on Naenara's website stipulates that the ratio of the flag's height to its width is 1 to 1.65, replacing the previous ratio of 1 to 2.

https://en.yna.co.kr/view/AEN20261113001800315?section=nk/nk

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■ Binance says all asset losses from N. Korea-linked cyberattack covered

WASHINGTON -- Global cryptocurrency exchange Binance said Thursday it has completed covering assets affected by a massive cyberattack blamed on North Korea, after committing more than US$6.34 billion in company funds to make up for the losses.

"Binance has completed coverage of assets impacted in the security incident," the company said in a statement posted on its website.

https://en.yna.co.kr/view/AEN20261113000200315?section=nk/nk

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