May 10, Wednesday, 2023

1. South Korean President Yoon Suk-yeol has marked his first year in office and pledged efforts to create a country that can contribute to global peace and stability. Yoon visited the National Cemetery in Seoul on Wednesday and wrote in a guest book that he will work together with the people to create a country that embraces freedom and innovation and contributes to global peace and stability in a responsible manner. 2. Major Japanese trading houses have posted record net profits for the fiscal year that ended March 31. Mitsubishi Corporation on Tuesday reported a 1.18 trillion-yen profit, or about 8.7 billion dollars, up 25.9 percent from the previous fiscal year. Mitsui & Co. reported 1.13 trillion yen, or about 8.3 billion dollars. Other companies also posted record-high profits thanks to higher resource and energy prices and the weak yen.
3. The leaders of members of the Association of Southeast Asian Nations, or ASEAN, have gathered in Indonesia for a summit to discuss maters including how to deal with the security crisis in Myanmar. Indonesian President Joko Widodo, the chair of ASEAN this year, said the bloc can become the driver of peace or growth only if there is unity.