Yonhap News Summary

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

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■ (2nd LD) Lee vows bold investment in AI, future growth engines for 'growth for all'

SEOUL -- President Lee Jae Myung on Monday pledged bold investment in artificial intelligence (AI) and other future growth engine industries to boost South Korea's economic growth potential and ensure what he called "growth for all."

Lee made the pledge in a speech at the National Assembly, where he called for bipartisan support for the passage of the 2027 budget bill.

https://en.yna.co.kr/view/AEN20261102000952315?section=national/politics

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■ (Yonhap Interview) Erdogan seeks stronger S. Korea partnership in energy, tech, logistics amid global uncertainties

SEOUL/ISTANBUL -- South Korea is an important potential partner in Turkey's planned Sinop nuclear power plant project, Turkish President Recep Tayyip Erdogan has said, calling for broader bilateral cooperation in advanced technologies, defense, logistics and various other sectors amid global uncertainties.

Erdogan made the remarks in an exclusive written interview with Yonhap News Agency ahead of his state visit to Seoul this week, saying the visit aims to enhance political dialogue and revitalize bilateral economic ties.

https://en.yna.co.kr/view/AEN20261029014800315?section=national/diplomacy

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■ Defense ministry launches new drone headquarters to bolster unmanned capabilities amid N.K. threats

SEOUL -- The defense ministry launched a new drone headquarters Monday, aiming to bolster unmanned aerial systems and counter-drone capabilities amid North Korea's evolving drone threats, officials said.

The launch ceremony took place at the Defense Drone Headquarters in Pocheon, about 40 kilometers north of Seoul, attended by Vice Defense Minister Lee Doo-hee and other military officials, the ministry said.

https://en.yna.co.kr/view/AEN20261102002200315?section=national/defense

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■ Family, fellow actors bid farewell to iconic actor Choi Bool-am

SEOUL -- A funeral service for Choi Bool-am was held Monday, with his family and fellow actors paying their respects to the iconic actor, known for portraying paternal figures in popular television dramas.

Choi, whose real name was Choi Young-han, died Thursday while receiving treatment at a hospital in western Seoul. He was 87.

https://en.yna.co.kr/view/AEN20261102003000315?section=culture/arts-culture

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■ Korea Exchange sets up plan for shorter settlement for stock trading

SEOUL -- The Korea Exchange (KRX) on Monday unveiled a plan to shorten a cycle for stock settlement, in what could be a major overhaul to improve efficiency for the equity market.

Since 1972, South Korea has adopted a stock settlement system that allows investors to settle their transactions two business days after their trades. Under the envisioned plan, investors would be allowed to settle their transactions one business day afterward, the KRX said in a statement.

https://en.yna.co.kr/view/AEN20261102003500320?section=economy-finance/economy
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