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Jun Ji-hye

Korea Times Finance Reporter

Hello, I am Jun Ji-hye, a reporter at The Korea Times. I primarily cover financial authorities and write articles on a wide range of topics related to finance and capital markets. If you have any information to share, feel free to email me at jjh@koreatimes.co.kr, and I will review it carefully. I am committed to always doing my best to communicate with readers through high-quality articles.

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South Korea

DSC to strengthen counterintelligence ability

By Jun Ji-hye The Defense Security Command (DSC) said Wednesday it is considering enhancing its counterintelligence capability to better cope with the rapidly changing security environment.During a seminar, DSC Commander Cho Hyun-cheon said his agency will reflect opinions from security experts in setting up the agency’s counterintelligence plans.The participants -- including national security analysts, professors, journalists and soldiers -- discussed ways to reform the DSC, modify relevant laws and regulations and strengthen punishment against corrupt personnel.Han Hee-won, a law professor at Dongguk University, argued the DSC should strengthen its capability in counterespionage activities by collecting and analyzing scientific and technical intelligence.Kim Chul-soo, a researcher at the Korean Institute for Defense Analysis, called on the DSC members to make efforts to restore public trust by committing themselves to their duty and having a law-abiding spirit.Rep. Song Young-keun of the ruling Saenuri Party, who previously served as the DSC commander, said, “The D

Sep 2, 2015By Jun Ji-hye
South Korea

'China's role significant for peace on peninsula'

By Jun Ji-hyeSouth Korean Foreign Minister Yun Byung-se and U.S. Secretary of State John Kerry agreed Monday that a constructive role by China was significant in solidifying peace and stability on the Korean Peninsula.During their 30-minute bilateral talks held on the sidelines of the Conference on Global Leadership in the Arctic, held in Anchorage, the two top diplomats also discussed preparations for President Park Geun-hye’s scheduled visit to the United States in October.Their meeting, the third this year, came amid growing concerns about the impact of Park’s planned visit to China this week on the Seoul-Washington alliance.Park plans to visit China to participate in the country’s Thursday celebration of the 70th anniversary of the end of World War II, which will include a massive military parade.   President Barack Obama rejected Beijing’s invitation to the parade, which is apparently designed to show off China's growing military power.According to the Ministry of Foreign Affairs, however, Kerry expressed “sufficient understanding” o

Sep 1, 2015By Jun Ji-hye
  • Summits to give Park leverage over NK, Japan
South Korea

Sankei asked to delete column insulting Park

By Jun Ji-hyeThe Korean government will ask Japan’s Sankei Shimbun to delete a column that likened President Park Geun-hye to a Korean empress slain by Japanese assassins in the late 19th century, officials said Tuesday.An official told reporters that the government will demand through the Korean Embassy in Tokyo at the earliest possible date that the newspaper retract the column with a promise to prevent publication of similar pieces.“It’s not even worth commenting on certain figures in Japan who continue to make shameless claims about the past, with a DNA of historical distortion and revision, and an outrageous article by a newspaper linked to them,” the official said on condition of anonymity.The criticism came after the conservative daily published a column on its homepage Monday, criticizing Park for deciding to attend the China’s massive military parade that will feature about 12,000 Chinese troops and soldiers from more than 10 nations, as well as 200 aircraft.The parade is part of the Chinese celebrations that mark China’s part in the Allie

Sep 1, 2015By Jun Ji-hye
South Korea

US six-party talks envoy term ends

By Jun Ji-hyeSydney Seiler, the U.S. special envoy to the six-party talks on North Korea’s nuclear development program, will soon finish his term in the role, according to diplomatic sources Monday.Seiler, who took the job in September last year, was assigned to the State Department on loan from the Office of the Director of National Intelligence (DNI).Seiler’s next appointment is currently unknown, but sources expect him to return to the DNI. It is also unknown who will succeed him.In a reply automatically returned to an email inquiry, Seiler said, “I am out of the office and will be moving on to my next assignment.”Seiler has been cited as one of the top Korea specialists in the administration of President Barack Obama with his fluency in Korean and a number of visits to North Korea.Through the six-party talks, Seiler has coordinated Washington’s efforts on denuclearization of the repressive state, and led day-to-day engagement with other six-party partners, which include China, South Korea, Russia, Japan, and North Korea.He participated in numerous ro

Aug 31, 2015By Jun Ji-hye
South Korea

Veterans' association chief may be suspended

By Jun Ji-hye Cho Nam-pungThe Ministry of Patriots and Veterans Affairs is considering suspending Korean Veterans Association (KorVA) Chairman Cho Nam-pung for abusing his authority to rehire people whom the ministry deemed to be “unqualified.”Choi Jung-sik, a ministry official, told reporters Monday that Cho rehired 21 out of 25 people, whose appointments were supposed to be canceled following the orders of the ministry, which supervises the association.“After we understand the situation fully, we will implement disciplinary actions including the suspension of duties for Cho,” Choi said.At the end of July, the ministry ordered Cho to cancel the appointments of 25 employees within a month, saying they were recruited without a proper hiring process.The order came after the ministry’s special audit, which began on June 26, about a week after it received tips from a whistle-blower.Among the unqualified employees, two resigned, while Cho dismissed 23 in an apparent bid to pretend he complied with the ministry’s orders. Cho then rehired 21.Most of

Aug 31, 2015By Jun Ji-hye
Veterans' association chief may be suspended
South Korea

ROK, US military show off combat readiness

The Army’s Special Forces parachute from an Air Force transport plane, practicing penetrating deep into enemy territory during a South Korea-United States large-scale joint live-fire exercise at the Seungjin Army Training Center in Pocheon, Gyeonggi Province, Monday./ Korea Times photo by Choi Won-sukBy Jun Ji-hye POCHEON, Gyeonggi Province ― The atmosphere was tense around the Seungjin Army Training Center in Pocheon, north of Seoul, Monday, before South Korea and the United States’ large-scale joint live-fire exercise.Some 3,000 spectators, including the public, journalists and soldiers from the two nations, made little noise while waiting to watch the military exercise at a time when tension was high on the Korean Peninsula.Tension was heightened in the wake of North Korea’s Aug. 4 landmine explosion inside the Demilitarized Zone (DMZ), which maimed two South Korean soldiers.The exercises have taken place four times this month. President Park Geun-hye observed the last one held on Friday.A Surion Korean Utility Helicopter (KUH-1) releases

Aug 28, 2015By Jun Ji-hye
ROK, US military show off combat readiness
South Korea

Soldiers at mine blasts site may be awarded military honor

President Park Geun-hye waves to soldiers, who voluntarily postponed their discharge from mandatory military service while tensions were high between the two Koreas, after observing South Korea and the United States’ large-scale joint live-fire exercise at the Seungjin Army Training Center in Pocheon, Gyeonggi Province, Friday. Military tensions were heightened following North Korea’s Aug. 4 landmine explosions inside the Demilitarized Zone, which maimed two South Korean soldiers, but eased after the two Koreas reached an accord Tuesday./ YonhapBy Jun Ji-hyeThe Army is considering recommending eight soldiers who were at the scene of North Korea’s Aug. 4 mine explosion inside the demilitarized zone (DMZ) for the Order of Military Merit, according to sources Friday.An official said the Army is deliberating on whether to recommend the soldiers to the Ministry of National Defense for the awards.“The search team showed an indomitable spirit and comradeship in a difficult situation by responding to the explosions in accordance with procedures and promptly rescu

Aug 28, 2015By Jun Ji-hye
Soldiers at mine blasts site may be awarded military honor
South Korea

Ministers accused of violating election law

Reps. Jung Cheong-rae, left, and Park Nam-choon of the main opposition New Politics Alliance for Democracy enter the National Election Commission in Seoul, Thursday, to request investigation into whether Financial Minister Choi Kyung-hwan and Home Affairs Minister Chong Jong-sup violated their political neutrality in a workshop of the ruling Saenuri Party on Wednesday. / YonhapBy Jun Ji-hyeGovernment Administration and Home Affairs Minister Chong Jong-sup, and Finance Minister Choi Kyung-hwan have been embroiled in controversy over their alleged violation of political neutrality by speaking in favor of the ruling Saenuri Party.The main opposition New Politics Alliance for Democracy (NPAD) filed a complaint Thursday with the National Election Commission (NEC) against the two for allegedly violating the Public Official Election Act.Their controversial comments were made Wednesday when they had a meeting with some 70 lawmakers from the governing party.Other high-ranking government officials, including Hyun Jung-taik, the senior presidential secretary for policy coordination, also attend

Aug 27, 2015By Jun Ji-hye
Ministers accused of violating election law
South Korea

South, North military work on easing tension

By Jun Ji-hyeSoldiers of the two Koreas are working on easing heightened military tension on the Korean Peninsula after Seoul and Pyongyang agreed Tuesday morning to do so after four days of marathon talks.According to the Ministry of National Defense, some of the North’s submarines have been detected returning to their bases.The ministry previously detected some 50 subs, about 70 percent of the North’s fleet, setting out from their bases on the west and east coasts for unknown destinations.Officials noted that some 20 hovercraft landing vehicles, which had been moved from Cholsan, North Pyongan Province, to 60 kilometers north of the Northern Limit Line (NLL) in the West Sea, are expected to return to their original locations as well.The North’s special forces, which had been dispatched to the border to shoot at loudspeakers used by the South to broadcast propaganda, are also expected to go back to their original locations as Seoul stopped the broadcasting at noon Tuesday in accordance with the inter-Korean agreement. As part of the accord, Pyongyang lifted its &ld

Aug 25, 2015By Jun Ji-hye
  • South-North relations enter new phase
South Korea

NK's Hwang calls mine attack groundless

People watch television news reporting South and North Korea reached an agreement at Seoul Railway Station, Tuesday. / YonhapPyongyang's regret meaningful, yet insufficientBy Jun Ji-hyeHwang Pyong-so, North's second-in-command, called the Aug. 4 landmine explosions inside the demilitarized zone (DMZ), blamed on North, a “groundless” incident Tuesday.During his appearance on the North’s Korean Central Television, the director of the General Political Department of the (North) Korean People’s Army, said, “South Korea promised to stop its propaganda broadcasting that it unilaterally resumed after creating a groundless incident. So, we decided to lift our semi-war state.”He made the remarks after returning to the North after completing four days of marathon talks with his South Korean counterparts.Hwang’s remarks that avoided using the word “landmine” were seen as an apparent effort to indirectly deny the North’s provocative act, which maimed two South Korean soldiers.The comments are also in contrast with the joint statement ag

Aug 25, 2015By Jun Ji-hye
  • South-North relations enter new phase
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