Yonhap News Summary | Yonhap News Agency

## Summary
However, Lee urged officials to embrace such grave economic conditions as an opportunity to improve the nation's economic system as he presided over his first plenary meeting of the National Economic Advisory Council (NEAC) to discuss measures to cushion the Middle East conflict's impact on the economy. https://en.yna.co.kr/view/AEN20260409002851315?section=national/politics President Lee Jae Myung (L) speaks during the first plenary meeting of the National Economic Advisory Council at the presidential office Cheong Wa Dae in Seoul on April 9, 2026, to discuss measures to cushion the Middle East conflict's impact on the economy. (Yonhap) ----------------- ■ (LEAD) N. North Korea fired the surface-to-surface missile Hwasong-11Ka tipped with a cluster bomb warhead as part of its tests of "important" weapons systems that were conducted from Monday to Wednesday, according to the Korean Central News Agency (KCNA). https://en.yna.co.kr/view/AEN20260409000351315?section=nk/nk ----------------- ■ Gov't to exempt owners of multiple homes from heavier tax if they sell by May 9 SEOUL -- The government will exempt owners of multiple homes from higher capital gains taxes should they file for sales permits by May 9, the finance ministry said Thursday. The move follows President Lee Jae Myung's directive earlier this week to introduce supplementary measures giving people owning multiple homes extra time to sell properties before the exemption ends, with the law imposing higher taxes set to take effect May 9. https://en.yna.co.kr/view/AEN20260409004000320?section=national/national ----------------- ■ Inclement weather disrupts flights at Jeju airport SEOUL -- Heavy rain and strong winds lashed Jeju Island on Thursday, disrupting flights to and from the southern resort island. According to the Korea Airports Corp., 82 domestic flights (42 departures and 40 arrivals) and six international flights (three departures and three arrivals) were canceled as of 9 a.m. amid wind shear and strong wind warnings issued for Jeju International Airport. https://en.yna.co.kr/view/AEN20260409002900315?section=national/national ----------------- ■ Samsung family completes inheritance tax payments with Hong Ra-hee share sale SEOUL -- Hong Ra-hee, the widow of late Samsung Group Chairman Lee Kun-hee, has sold a stake in Samsung Electronics Co. worth nearly 3.1 trillion won (US$2.1 billion) to complete the payment of inheritance taxes on assets left by the late tycoon, industry sources said Thursday.

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The following is the first summary of major stories moved by Yonhap News Agency on Thursday.
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■ (LEAD) Lee says time to fundamentally change economic system over fallout from Mideast war
SEOUL -- President Lee Jae Myung said Thursday it is time for the nation to fundamentally change its economic system, as rising oil prices and inflationary pressures from the war in the Middle East have dampened prospects of an economic recovery.
However, Lee urged officials to embrace such grave economic conditions as an opportunity to improve the nation's economic system as he presided over his first plenary meeting of the National Economic Advisory Council (NEAC) to discuss measures to cushion the Middle East conflict's impact on the economy.
https://en.yna.co.kr/view/AEN20260409002851315?section=national/politics
President Lee Jae Myung (L) speaks during the first plenary meeting of the National Economic Advisory Council at the presidential office Cheong Wa Dae in Seoul on April 9, 2026, to discuss measures to cushion the Middle East conflict's impact on the economy. (Yonhap)
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■ (LEAD) N. Korea says test-fired tactical ballistic missile tipped with cluster bomb warhead
SEOUL -- North Korea said Thursday that it has test-fired a tactical ballistic missile tipped with a cluster bomb warhead, claiming it can "reduce to ashes" any targeted areas with the highest-density power.
North Korea fired the surface-to-surface missile Hwasong-11Ka tipped with a cluster bomb warhead as part of its tests of "important" weapons systems that were conducted from Monday to Wednesday, according to the Korean Central News Agency (KCNA).
https://en.yna.co.kr/view/AEN20260409000351315?section=nk/nk
-----------------
■ Gov't to exempt owners of multiple homes from heavier tax if they sell by May 9
SEOUL -- The government will exempt owners of multiple homes from higher capital gains taxes should they file for sales permits by May 9, the finance ministry said Thursday.
The move follows President Lee Jae Myung's directive earlier this week to introduce supplementary measures giving people owning multiple homes extra time to sell properties before the exemption ends, with the law imposing higher taxes set to take effect May 9.
https://en.yna.co.kr/view/AEN20260409004000320?section=national/national
-----------------
■ Inclement weather disrupts flights at Jeju airport
SEOUL -- Heavy rain and strong winds lashed Jeju Island on Thursday, disrupting flights to and from the southern resort island.
According to the Korea Airports Corp., 82 domestic flights (42 departures and 40 arrivals) and six international flights (three departures and three arrivals) were canceled as of 9 a.m. amid wind shear and strong wind warnings issued for Jeju International Airport.
https://en.yna.co.kr/view/AEN20260409002900315?section=national/national
-----------------
■ Samsung family completes inheritance tax payments with Hong Ra-hee share sale
SEOUL -- Hong Ra-hee, the widow of late Samsung Group Chairman Lee Kun-hee, has sold a stake in Samsung Electronics Co. worth nearly 3.1 trillion won (US$2.1 billion) to complete the payment of inheritance taxes on assets left by the late tycoon, industry sources said Thursday.
Hong, honorary director of the Leeum Museum of Art and mother of Samsung Electronics Chairman Lee Jae-yong, sold 15 million shares in Samsung Electronics in a block deal before the market opened earlier in the day, according to the sources.
https://en.yna.co.kr/view/AEN20260409002400320?section=economy-finance/economy
(END)
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## Expert Analysis

### Merits
- North Korea fired the surface-to-surface missile Hwasong-11Ka tipped with a cluster bomb warhead as part of its tests of "important" weapons systems that were conducted from Monday to Wednesday, according to the Korean Central News Agency (KCNA). https://en.yna.co.kr/view/AEN20260409000351315?section=nk/nk ----------------- ■ Gov't to exempt owners of multiple homes from heavier tax if they sell by May 9 SEOUL -- The government will exempt owners of multiple homes from higher capital gains taxes should they file for sales permits by May 9, the finance ministry said Thursday.
- The move follows President Lee Jae Myung's directive earlier this week to introduce supplementary measures giving people owning multiple homes extra time to sell properties before the exemption ends, with the law imposing higher taxes set to take effect May 9. https://en.yna.co.kr/view/AEN20260409004000320?section=national/national ----------------- ■ Inclement weather disrupts flights at Jeju airport SEOUL -- Heavy rain and strong winds lashed Jeju Island on Thursday, disrupting flights to and from the southern resort island.
- According to the Korea Airports Corp., 82 domestic flights (42 departures and 40 arrivals) and six international flights (three departures and three arrivals) were canceled as of 9 a.m. amid wind shear and strong wind warnings issued for Jeju International Airport. https://en.yna.co.kr/view/AEN20260409002900315?section=national/national ----------------- ■ Samsung family completes inheritance tax payments with Hong Ra-hee share sale SEOUL -- Hong Ra-hee, the widow of late Samsung Group Chairman Lee Kun-hee, has sold a stake in Samsung Electronics Co. worth nearly 3.1 trillion won (US$2.1 billion) to complete the payment of inheritance taxes on assets left by the late tycoon, industry sources said Thursday.

### Areas for Consideration
- Hong, honorary director of the Leeum Museum of Art and mother of Samsung Electronics Chairman Lee Jae-yong, sold 15 million shares in Samsung Electronics in a block deal before the market opened earlier in the day, according to the sources. https://en.yna.co.kr/view/AEN20260409002400320?section=economy-finance/economy (END) Keywords #summary Articles with issue keywords Most Liked (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho BTS tops Spotify weekly charts for 2nd week with new album 'Arirang' Lee voices hope for peace in Easter message Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.

### Implications
- OK The following is the first summary of major stories moved by Yonhap News Agency on Thursday. ----------------- ■ (LEAD) Lee says time to fundamentally change economic system over fallout from Mideast war SEOUL -- President Lee Jae Myung said Thursday it is time for the nation to fundamentally change its economic system, as rising oil prices and inflationary pressures from the war in the Middle East have dampened prospects of an economic recovery.
- However, Lee urged officials to embrace such grave economic conditions as an opportunity to improve the nation's economic system as he presided over his first plenary meeting of the National Economic Advisory Council (NEAC) to discuss measures to cushion the Middle East conflict's impact on the economy. https://en.yna.co.kr/view/AEN20260409002851315?section=national/politics President Lee Jae Myung (L) speaks during the first plenary meeting of the National Economic Advisory Council at the presidential office Cheong Wa Dae in Seoul on April 9, 2026, to discuss measures to cushion the Middle East conflict's impact on the economy. (Yonhap) ----------------- ■ (LEAD) N.
- North Korea fired the surface-to-surface missile Hwasong-11Ka tipped with a cluster bomb warhead as part of its tests of "important" weapons systems that were conducted from Monday to Wednesday, according to the Korean Central News Agency (KCNA). https://en.yna.co.kr/view/AEN20260409000351315?section=nk/nk ----------------- ■ Gov't to exempt owners of multiple homes from heavier tax if they sell by May 9 SEOUL -- The government will exempt owners of multiple homes from higher capital gains taxes should they file for sales permits by May 9, the finance ministry said Thursday.
- The move follows President Lee Jae Myung's directive earlier this week to introduce supplementary measures giving people owning multiple homes extra time to sell properties before the exemption ends, with the law imposing higher taxes set to take effect May 9. https://en.yna.co.kr/view/AEN20260409004000320?section=national/national ----------------- ■ Inclement weather disrupts flights at Jeju airport SEOUL -- Heavy rain and strong winds lashed Jeju Island on Thursday, disrupting flights to and from the southern resort island.

### Expert Commentary
This article covers korea, lee, economic topics. Notable strengths include discussion of korea. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 758.