Yonhap News Summary | Yonhap News Agency
Summary
President Donald Trump urged South Korea and four other countries in a social media post to send ships to the Strait of Hormuz against Iran's effective attempt to close the waterway. https://en.yna.co.kr/view/AEN20260316007800315?section=national/politics Lee Kyu-yeon, presidential secretary for public affairs and communication, speaks during a press briefing at Cheong Wa Dae in Seoul on March 16, 2026. (Pool photo) (Yonhap) ----------------- ■ (2nd LD) S. The won was quoted at 1,497.5 per dollar at 3:30 p.m., down 3.8 won from the previous session, marking its weakest level since March 10, 2009, when the won hit 1,511.1 during the global financial crisis. https://en.yna.co.kr/view/AEN20260316001952320?section=economy-finance/economy ----------------- ■ Police seek arrest warrant for man accused of stalking, killing ex-girlfriend NAMYANGJU -- Police said Monday they have sought an arrest warrant for a man accused of stalking and killing his ex-girlfriend while wearing an electronic ankle monitor. Konni, the hacking group tied to Kimsuky and other Pyongyang-sponsored groups, was found to have recently carried out an advanced persistent threat (APT) campaign using spear-phishing emails and compromised KakaoTalk accounts to infect victims' systems, according to the report published by Genians Security Center, a South Korean cybersecurity institute. https://en.yna.co.kr/view/AEN20260316005400320?section=economy-finance/economy ----------------- ■ Seoul shares close over 1 pct higher despite oil price hikes SEOUL -- South Korean stocks finished over 1 percent higher Monday on gains in chipmakers, snapping a two-day losing streak, despite heightened uncertainty over hostilities in the Middle East that continued to keep oil prices elevated. When international crude prices rise 10 percent, the average production cost of manufacturers here goes up by 0.71 percent, the Korea Institute for Industrial Economics & Trade (KIET), a state-run think tank, said in a report assessing the impact of the Iran crisis on the Korean economy. https://en.yna.co.kr/view/AEN20260316005200320?section=economy-finance/economy (END) Articles with issue keywords Most Liked (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats 16th Gwangju Biennale: You must change your life BTS expands Gwanghwamun concert capacity to 22,000 with added standing zones (2nd LD) N.
President Donald Trump urged South Korea and four other countries in a social media post to send ships to the Strait of Hormuz against Iran's effective attempt to close the waterway. https://en.yna.co.kr/view/AEN20260316007800315?section=national/politics Lee Kyu-yeon, presidential secretary for public affairs and communication, speaks during a press briefing at Cheong Wa Dae in Seoul on March 16, 2026. (Pool photo) (Yonhap) ----------------- ■ (2nd LD) S. The won was quoted at 1,497.5 per dollar at 3:30 p.m., down 3.8 won from the previous session, marking its weakest level since March 10, 2009, when the won hit 1,511.1 during the global financial crisis. https://en.yna.co.kr/view/AEN20260316001952320?section=economy-finance/economy ----------------- ■ Police seek arrest warrant for man accused of stalking, killing ex-girlfriend NAMYANGJU -- Police said Monday they have sought an arrest warrant for a man accused of stalking and killing his ex-girlfriend while wearing an electronic ankle monitor. Konni, the hacking group tied to Kimsuky and other Pyongyang-sponsored groups, was found to have recently carried out an advanced persistent threat (APT) campaign using spear-phishing emails and compromised KakaoTalk accounts to infect victims' systems, according to the report published by Genians Security Center, a South Korean cybersecurity institute. https://en.yna.co.kr/view/AEN20260316005400320?section=economy-finance/economy ----------------- ■ Seoul shares close over 1 pct higher despite oil price hikes SEOUL -- South Korean stocks finished over 1 percent higher Monday on gains in chipmakers, snapping a two-day losing streak, despite heightened uncertainty over hostilities in the Middle East that continued to keep oil prices elevated. When international crude prices rise 10 percent, the average production cost of manufacturers here goes up by 0.71 percent, the Korea Institute for Industrial Economics & Trade (KIET), a state-run think tank, said in a report assessing the impact of the Iran crisis on the Korean economy. https://en.yna.co.kr/view/AEN20260316005200320?section=economy-finance/economy (END) Articles with issue keywords Most Liked (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats 16th Gwangju Biennale: You must change your life BTS expands Gwanghwamun concert capacity to 22,000 with added standing zones (2nd LD) N.
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The following is the second summary of major stories moved by Yonhap News Agency on Monday.
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■ S. Korea, U.S. in close communication over request for warship dispatch to Hormuz: presidential aide
SEOUL -- South Korea and the United States are in close communication over Washington's request for Seoul to send warships to the Strait of Hormuz to patrol the crucial oil route, a senior presidential aide said Monday.
Lee Kyu-yeon, presidential secretary for public affairs and communications, made the remarks after U.S. President Donald Trump urged South Korea and four other countries in a social media post to send ships to the Strait of Hormuz against Iran's effective attempt to close the waterway.
https://en.yna.co.kr/view/AEN20260316007800315?section=national/politics
Lee Kyu-yeon, presidential secretary for public affairs and communication, speaks during a press briefing at Cheong Wa Dae in Seoul on March 16, 2026. (Pool photo) (Yonhap)
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■ (2nd LD) S. Korean currency slips to fresh 17-yr low against U.S. dollar amid Iran crisis
SEOUL -- The South Korean currency fell to a 17-year low against the U.S. dollar Monday as global oil prices surged amid heightened tensions in the Middle East.
The won was quoted at 1,497.5 per dollar at 3:30 p.m., down 3.8 won from the previous session, marking its weakest level since March 10, 2009, when the won hit 1,511.1 during the global financial crisis.
https://en.yna.co.kr/view/AEN20260316001952320?section=economy-finance/economy
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■ Police seek arrest warrant for man accused of stalking, killing ex-girlfriend
NAMYANGJU -- Police said Monday they have sought an arrest warrant for a man accused of stalking and killing his ex-girlfriend while wearing an electronic ankle monitor.
The 40-something man was apprehended by police Saturday shortly after he broke the windows of a car his former live-in partner was riding in, killed her and fled in his own car.
https://en.yna.co.kr/view/AEN20260316005700315?section=national/national
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■ Pyongyang-sponsored hacking group uses KakaoTalk in malware distribution campaign: report
SEOUL -- A North Korea-linked hacking group has used stolen KakaoTalk accounts to spread malware in a series of recent cyberattacks, highlighting a new distribution tactic, a report showed Monday.
Konni, the hacking group tied to Kimsuky and other Pyongyang-sponsored groups, was found to have recently carried out an advanced persistent threat (APT) campaign using spear-phishing emails and compromised KakaoTalk accounts to infect victims' systems, according to the report published by Genians Security Center, a South Korean cybersecurity institute.
https://en.yna.co.kr/view/AEN20260316005400320?section=economy-finance/economy
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■ Seoul shares close over 1 pct higher despite oil price hikes
SEOUL -- South Korean stocks finished over 1 percent higher Monday on gains in chipmakers, snapping a two-day losing streak, despite heightened uncertainty over hostilities in the Middle East that continued to keep oil prices elevated.
After choppy trading, the Korea Composite Stock Price Index (KOSPI) rose 62.61 points, or 1.14 percent, to close at 5,549.85.
https://en.yna.co.kr/view/AEN20260316006600320?section=economy-finance/economy
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■ S. Korean manufacturing faced with increased cost burdens as Iran crisis persists: KIET
SEJONG -- South Korea's manufacturing sector is expected to face significantly increased cost burdens as the Middle Eastern crisis continues to push up global energy prices, a report showed Monday.
When international crude prices rise 10 percent, the average production cost of manufacturers here goes up by 0.71 percent, the Korea Institute for Industrial Economics & Trade (KIET), a state-run think tank, said in a report assessing the impact of the Iran crisis on the Korean economy.
https://en.yna.co.kr/view/AEN20260316005200320?section=economy-finance/economy
(END)
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S. Korea weighs Trump's ship request with careful consideration
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## Expert Analysis
### Merits
- President Donald Trump urged South Korea and four other countries in a social media post to send ships to the Strait of Hormuz against Iran's effective attempt to close the waterway. https://en.yna.co.kr/view/AEN20260316007800315?section=national/politics Lee Kyu-yeon, presidential secretary for public affairs and communication, speaks during a press briefing at Cheong Wa Dae in Seoul on March 16, 2026. (Pool photo) (Yonhap) ----------------- ■ (2nd LD) S.
### Areas for Consideration
- Konni, the hacking group tied to Kimsuky and other Pyongyang-sponsored groups, was found to have recently carried out an advanced persistent threat (APT) campaign using spear-phishing emails and compromised KakaoTalk accounts to infect victims' systems, according to the report published by Genians Security Center, a South Korean cybersecurity institute. https://en.yna.co.kr/view/AEN20260316005400320?section=economy-finance/economy ----------------- ■ Seoul shares close over 1 pct higher despite oil price hikes SEOUL -- South Korean stocks finished over 1 percent higher Monday on gains in chipmakers, snapping a two-day losing streak, despite heightened uncertainty over hostilities in the Middle East that continued to keep oil prices elevated.
- When international crude prices rise 10 percent, the average production cost of manufacturers here goes up by 0.71 percent, the Korea Institute for Industrial Economics & Trade (KIET), a state-run think tank, said in a report assessing the impact of the Iran crisis on the Korean economy. https://en.yna.co.kr/view/AEN20260316005200320?section=economy-finance/economy (END) Articles with issue keywords Most Liked (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats 16th Gwangju Biennale: You must change your life BTS expands Gwanghwamun concert capacity to 22,000 with added standing zones (2nd LD) N.
### Implications
- When international crude prices rise 10 percent, the average production cost of manufacturers here goes up by 0.71 percent, the Korea Institute for Industrial Economics & Trade (KIET), a state-run think tank, said in a report assessing the impact of the Iran crisis on the Korean economy. https://en.yna.co.kr/view/AEN20260316005200320?section=economy-finance/economy (END) Articles with issue keywords Most Liked (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats 16th Gwangju Biennale: You must change your life BTS expands Gwanghwamun concert capacity to 22,000 with added standing zones (2nd LD) N.
- Korea, U.S. conduct joint drills BTS to launch 'Arirang' pop-ups to mark new album release Most Saved 16th Gwangju Biennale: You must change your life (2nd LD) N.
- Korea, U.S. conduct joint drills (LEAD) N.
- Korea weighs Trump's ship request with careful consideration (LEAD) N.
### Expert Commentary
This article covers korea, economy, seoul topics. Notable strengths include discussion of korea. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 807.
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