Articles by Cho Chung-un
Cho Chung-un
christory@heraldcorp.com-
[Herald Interview] Rival heir to Kim Ju-ae unlikely to appear: unification minister
Another heir emerging for North Korea besides Kim Jong-un's publicly promoted preteen daughter Ju-ae is unlikely because it would spark confusion within the isolated totalitarian society, according to South Korea's unification minister. During an exclusive 90-minute interview with The Korea Herald on Feb. 23, Unification Minister Kim Yung-ho underscored the "considerable internal instability" brewing within North Korea, a situation catalyzing the early debut of Ju-ae as candi
North Korea Feb. 28, 2024
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New evidence of North Korean military aid to Russia: Ukrainian police official
In a latest sign of military cooperation between North Korea and Russia, a senior Ukrainian police official Sergei Bolvinov said Wednesday that part of a weapon that Russia used to attack Ukraine had Korean writing on it. “Russians continue to use weapons from North Korea in the Kharkiv region,” he said in a Facebook post, alongside a photograph of the wrecked weapon suspected of having been sourced from North Korea. The National Intelligence Service in Seoul believes North Korea beg
Defense Feb. 16, 2024
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[Herald Interview] Minister turns to AI classes to cool competition in education
Education Minister Lee Ju-ho is attempting to change the course of South Korea’s education system by adopting artificial intelligence technology in all public school classrooms, which the minister claims will transform the nation’s hypercompetitive education culture and make it the first country in the world to adopt such measures at scale. Calling it a “paradigm shift,” Lee said in an interview with The Korea Herald on Monday that the new plan of replacing paper-based te
Social Affairs June 8, 2023
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Yoon, Kishida to discuss security, tech partnership
The leaders of South Korea and Japan will discuss regional security, technology and science partnerships, as well as cultural and youth exchanges at a summit planned in Seoul on Sunday, marking the two nations’ “shuttle diplomacy” becoming fully operational, the presidential office said Thursday. According to presidential spokesperson Lee Do-woon, who quoted Japanese National Security Adviser Takeo Akiba, the decision for Japanese Prime Minister Fumio Kishida's visit was m
Politics May 4, 2023
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[Contribution] CMMC vital for defense exports
On March 2, US President Joe Biden's administration finally unveiled its national cybersecurity strategy. This document provides strategic guidance for protecting the US government and its cyber ecosystem, including its businesses, from cyberattacks by domestic and foreign adversaries. What draws our attention in this national strategy is the paradigm shift to strengthening government support and intervention in cybersecurity compliance, which has traditionally been the responsibility of
Defense April 21, 2023
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[Herald Interview] Speaker says for thaw to last, Japan must reciprocate
Kim Jin-pyo, the speaker of South Korea’s National Assembly, said the success of President Yoon Suk Yeol’s bid to improve ties with Japan hinges on reciprocation from his counterpart, Prime Minister Fumio Kishida. Speaking with The Korea Herald and its sister publication, Herald Business, on Wednesday, Kim said that Yoon’s deal with Japan in the summit with Kishida last month reflected “significant resolve” on the part of the South Korean president. “It is a d
Politics April 14, 2023
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[Photo News] Ring the bell
(From left) Lee Jane, president of the Korea Women Startup Forum, Kim Sang-kyung, chairperson of the Korea Network of Women in Finance, EU Ambassador to Korea Maria Castillo-Fernandez, Sohn Byung-doo, chairman and CEO of the Korea Exchange, Kwon Choon-taek, secretary-general of the UN Global Compact Network Korea, Lee Bok-sil, president of the Women Corporate Directors Korea, and British Ambassador to Korea Colin Crooks, participate in “Ring the Bell” event designed to raise business
Market March 16, 2022
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US exempts Korea from export restrictions on Russia
The US government has formally exempted South Korea from its expanded export restrictions on Russia over its invasion of Ukraine, the Ministry of Trade, Industry and Energy said on Tuesday. The US Department of Commerce added Korea to the list of countries to be excluded from license requirements, including from the foreign direct product (FDP) rules for Russia and Belarus. Also on the list are member states of the European Union, Japan, Canada, Australia, the UK and New Zealand. “Provi
Industry March 8, 2022
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Big data firm DataStreams starts online academy
Big data platform company DataStreams Corp. said Monday it launched an online academy and appointed instructors last week to deliver the firm’s big data and data governance knowledge to its staff, partners, students and the public. DS Academy will offer 57 lectures in nine courses on products, consulting, big data infrastructure, data integration using the company’s data fabric solution TeraONE, big data governance, big data fabric and artificial intelligence big data analysis, amon
Industry Feb. 28, 2022
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[GLOBAL FINANCE AWARDS] Citibank Korea seeks real change with contributions beyond charity
Citibank Korea runs a number of programs that contribute to Korean society based on three principles -- employee participation, long-term commitment and leading activity. The bank does not simply deliver donations but also makes contributions to drive real change by partnering with nonprofit organizations to plan programs and giving them long-term support. It also encourages employees to voluntarily participate in these programs. On of the programs is “Citi Global Community Day” wh
Market Dec. 6, 2021
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Blockchain firm AMAXG enters NFT business
Blockchain company AMAXG said on Thursday it has entered the nonfungible token platform business to trade unique and noninterchangeable data stored on digital ledgers. AMAXG said it recently opened a digital asset NFT transaction platform named BIZA-UVIT, and built strategic partnerships with the Federation of Artistic and Cultural Organizations of Korea (FACO), the Global Medical Aesthetic Exchange Association (GMAEA) and the Korea Blockchain Enterprise Promotion Association. FACO plans to di
Market Nov. 4, 2021
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[Women in Finance 6] Breaking the gender mold for diverse thinking, healthy finance
The Korea Herald is publishing a series of special reports on the glass ceiling in the financial industry, focusing on South Korea’s market compared to other major economies. Funded by The Korea Press Foundation, the series will evaluate where Asia’s fourth-largest economy stands in terms of gender equality, reflect on changes being made, and explore ways to boost inclusion in the sector. This is the final installment. -- Ed. Gender discrimination in the finance sector has long been
Economy Dec. 24, 2020
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Togo Comm. to hire new employees through online interviews
Togo Communication, a local PR agency based in Seoul, will hire new employees by conducting video interviews online as part of efforts to participate in nationwide campaign to contain COVID-19 virus, the company said Thursday. The agency will continue so-called “untact” job interviews with applicants for internships and accountant executive posts, until the government declares an end of the pandemic. “Even though we face the danger of COVID-19, we decided to conduct untact j
Market April 9, 2020
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Hyundai’s Sonata named best sedan in Saudi Arabia
The freshly revamped Sonata by Hyundai Motor was named the best sedan at a motor show held in Saudi Arabia last week, raising prospects for its sales performance in the Middle East.In a vote by a group of auto journalists in the country Sonata won high scores in overall categories that examined the sedan’s design, safety technology and entertainment features, the company said. The result came amid the carmaker expanding its presence in the region’s largest auto market of 400,000-500,
Industry Dec. 16, 2019
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Naver Financial attracts W800b investment from Mirae Asset
Naver Financial, a financial platform by South Korean internet giant Naver, has attracted an investment of about 800 billion won ($683 million) from its financial partner Mirae Asset, the company said in a regulatory filing on Friday. The investment will secure a stable financial structure for Naver Financial and forge a partnership between the two to take the lead in the country’s emerging “techfin” industry. Techfin refers to technology firms seeking to deliver financial prod
Mobility Dec. 13, 2019
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