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Articles by Aju Press
Han Byeong-do Criticizes Opposition for Blame-Shifting During National Audit
Han Byeong-do, the floor leader of the Democratic Party, criticized the People Power Party on the 19th, stating, "They are engaged in a competition of insults. While the People Power Party makes derogatory remarks, they shift the responsibility onto the Democratic Party." During a Supreme Council meeting held at the National Assembly, Han noted, "The national audit has entered its third week.
Democratic Party Accelerates Candidate Selection for By-Elections
The Democratic Party has swiftly concluded its candidate selection for the June 3 local elections, finishing with the announcement of its candidate for the Jeju governor position on the 18th. The party is now accelerating its candidate selection for the concurrent by-elections. Given that many of these elections are in districts previously held by the Democratic Party, the goal is to finalize selections by the first week of May to maximize the campaign period for candidates.
ByteDance Turns to MediaTek for Custom AI Chips Amid Supply Challenges
ByteDance, the Chinese tech giant, has requested custom artificial intelligence (AI) chips from Taiwan's fabless semiconductor company MediaTek for its data centers. This move comes as ByteDance faces challenges due to U.S. export controls and limitations in the supply of Chinese-made chips. Bloomberg reported on October 15, citing sources, that ByteDance is on the verge of finalizing a contract with MediaTek for the purchase of custom semiconductors.
Han Byeong-do Calls Administrative Relocation a Step Toward Local Growth
Han Byeong-do, the floor leader of the Democratic Party, described the recent announcement by the Lee Jae-myung administration regarding the relocation of administrative agencies as a "practical step toward local-led growth beyond the concentration in the metropolitan area." During a National Assembly meeting on October 15, Han stated, "The Democratic Party welcomes the decision to relocate administrative agencies by the Lee Jae-myung government.
Lawmakers Call for Resignation of Fair Trade Commission Chair Joo Byeong-gi
Members of the People Power Party's Legislative Committee called for the resignation of Joo Byeong-gi, the chair of the Fair Trade Commission, on October 13. They criticized Joo's distorted and biased views on large corporations and the market economy, stating that it undermines his ability to perform his duties effectively.
Han Byeong-do Criticizes Opposition for Disrupting National Assembly Hearings
Han Byeong-do, the floor leader of the Democratic Party, criticized the People Power Party on October 12 for turning the National Assembly's audit into a political battleground instead of focusing on the public's welfare. He urged the main opposition party to engage in the audit responsibly. During a Supreme Council meeting, Han expressed concern that the past week has left the public with memories of harsh words and shouting.
Han Byeong-do Criticizes Opposition for Turning National Assembly into a Battleground
Han Byeong-do, the floor leader of the Democratic Party, criticized the People Power Party on October 8 for turning the National Assembly into a battleground with insults and various allegations. He specifically pointed out the behavior of the party's lawmakers during the National Assembly audit.
Han Byeong-do Warns Opposition Against Disrupting National Assembly Audit
Han Byeong-do, the floor leader of the Democratic Party, warned on October 7 that the People Power Party should not disrupt the National Assembly audit with crude remarks and finger-pointing. He also questioned the qualifications of Kim Tae-kyu, who clashed with ruling party members during the audit of the Supreme Court the previous day.
BYC Launches MONO BASIC Daily Wear for Everyday Comfort
Everyday essentials that you’ll reach for daily As the first holiday of October approaches, one product I’ve frequently turned to is BYC's newly launched daily wear brand, MONO BASIC. MONO BASIC, which promotes the slogan "Everyday Essentials," offers comfortable casual wear suitable for everyone. Upon examining the products, I noticed that the clean and understated styles take precedence over flashy designs or trends.
Authorities Call Emergency Meeting for Financial Sector Amid Hacking Incidents
As incidents of personal data breaches due to hacking continue in the financial sector, authorities have decided to convene an emergency meeting with the heads of all financial industry associations and CEOs of affected financial institutions on October 4.
Han Byeong-do Calls for Focus on People's Livelihoods, Not Political Strife
Han Byeong-do, the floor leader of the Democratic Party, urged the People Power Party to cease what he described as "wasteful political strife" in light of their consideration of a filibuster for bills scheduled for discussion in the National Assembly on October 1.
Fair Trade Commission Chair Joo Byeong-gi Expresses Regret Over Investigation Delays
Joo Byeong-gi, chair of the Fair Trade Commission, expressed strong regret over the delays in field investigations and corrective measures against collusion due to companies' requests for injunctions. He stated, "The last bastion for the economically vulnerable is being completely undermined," emphasizing the need to consider the rights of small businesses and consumers protected by the commission's law enforcement.
Authority of the 'Apgujeong President': Limits on Business Rights
The leader of the reconstruction union represents the group, convening general meetings and delegate councils, negotiating permits with the Seoul and Gangnam districts, and discussing construction and design costs with contractors. They also wield significant influence over fund management and partner oversight. Given the scale of the project, valued in the trillions of won, the term 'Apgujeong President' has emerged. However, the union leader does not hold absolute power.
Han Byeong-do Calls for Policy-Focused National Assembly Audit
Han Byeong-do, the floor leader of the Democratic Party, emphasized on September 17 that "it is time to accelerate efforts for the people's livelihood" and urged that next month's National Assembly audit be transformed into a 'policy audit.' He also expressed a firm stance against the opposition's political maneuvers aimed at obstruction.
Han Byeong-do Criticizes Opposition for Wasting Time with Personal Attacks
Han Byeong-do, the floor leader of the Democratic Party, criticized the People Power Party for wasting time during the confirmation hearings for government minister candidates held over the past two days, citing their use of personal attacks and low-level political tactics instead of focusing on policy and qualifications.
Jeon Byeong-seo Calls for Joint Development of Microgrids by Korea and China
Jeon Byeong-seo, director of the China Economic and Financial Research Institute, has proposed that South Korea and China jointly develop microgrids, which are small-scale, independent power networks. Speaking at the 2026 China Economic and Social Forum held in Hangzhou, Zhejiang Province, on September 15, Jeon emphasized the need for global cooperation to address the climate crisis.
Government to Support Recovery of Key Minerals from Semiconductor Byproducts
The government will support the demonstration of technologies to recover key minerals from semiconductor process byproducts, waste batteries, and solar panel waste. It is also promoting a project to secure sustainable aviation fuel (SAF) raw materials from food waste. The Ministry of Climate, Energy, and Environment announced on September 15 that it will recruit participants for three planned regulatory exemption projects in the circular economy sector from September 16 to October 30.
BYD to Launch Solid-State Battery Electric Vehicle Next Year
China's largest electric vehicle manufacturer, BYD, is set to release an electric vehicle equipped with solid-state batteries next year. Li Ke, BYD's vice president, recently stated in a media interview that the company plans to launch models utilizing solid-state battery technology by 2027, as reported by the China Business Journal on September 15. BYD's solid-state batteries have already passed automotive standard verification.
Han Byeong-do Calls External Leak of Investigation Materials a Clear Crime
Han Byeong-do, the floor leader of the Democratic Party, asserted on September 10 that the provision of investigation materials that cannot be leaked externally constitutes a clear crime, in response to independent lawmaker Han Dong-hoon's continued attacks on Kim Seung-won, the nominee for Minister of Justice.
ByteDance Enters AI Virtual World Competition Beyond TikTok
Chinese tech giant ByteDance is developing artificial intelligence (AI) that creates a three-dimensional representation of the real world, responding in real-time to user movements and voice. The company, known for growing TikTok into a global video platform, is entering the so-called 'World Model' competition, leveraging its video generation technology for applications in robotics and autonomous vehicles.
Han Byeong-do Calls for Swift Reappointment of Supreme Court Justices
Han Byeong-do, the floor leader of the Democratic Party, urged Supreme Court Chief Justice Cho Hee-dae on September 8 to promptly proceed with the reappointment process for candidates already recommended by the Supreme Court Candidate Recommendation Committee, following the vacancy of two justices due to a conflict between the Blue House and the Supreme Court.
U.S. Semiconductor Regulations Bypassed as Data Centers Shift to Southeast Asia
Chinese artificial intelligence (AI) server company Inspur Group, which is subject to U.S. sanctions, has been found to be circumventing advanced AI semiconductor export controls by utilizing its U.S. subsidiary and data centers in Southeast Asia. According to a report by the New York Times on September 6, an analysis of thousands of shipping records and supply contracts revealed that Chinese companies are securing computing resources for advanced AI chips by evading U.S. export regulations.
Han Byeong-do Criticizes Opposition's Extreme Rhetoric Following Cabinet Reshuffle
Han Byeong-do, the floor leader of the Democratic Party, criticized the People Power Party on August 31 for its extreme rhetoric following the announcement of a cabinet reshuffle the previous day. He stated that the opposition party immediately resorted to accusations of "state terrorism" upon the announcement of the new appointments.
Han Byeong-do Criticizes Opposition for Delaying Legislative Session
Han Byeong-do, the acting leader of the Democratic Party, criticized the People Power Party on August 13 for not cooperating in convening a plenary session, questioning, "What is the reason for delaying the processing of livelihood bills for a week when you promised to cooperate?" He also indicated that the National Assembly would actively support the real estate measures announced by the Lee Jae-myung government.
Han Byeong-do: National Assembly's Support Crucial for Mega Projects
Han Byeong-do, acting leader of the Democratic Party and floor leader, stated on August 11 that "the role of the National Assembly is crucial for the three mega projects to lead to growth for all," adding, "I will serve as a strong bridge between businesses and local communities." During a countermeasures meeting held at the National Assembly, Han noted that President Lee Jae-myung had conducted a direct review of the progress of the mega projects during a public-private joint inspection...
An Byeong-hun Achieves Best Finish by Korean Player at LIV Golf New York
An Byeong-hun has set a new record for the best finish by a Korean player at LIV Golf this season. On August 10, in the final round of the LIV Golf New York tournament held at Trump National Golf Club in Bedminster, New Jersey, An recorded five birdies and three bogeys for a 2-under 69. With a total score of 7-under 277, An finished in fifth place, earning $800,000 (approximately 1.13 billion won).
ByteDance Founder Urges Against AI Model Distillation
ByteDance, the Chinese tech giant, is emphasizing the importance of strengthening its long-term technological competitiveness. At a management meeting on August 6, ByteDance founder Zhang Yiming instructed that the use of competitors' models for 'distillation' in the development of its AI models be prohibited, according to a report by China Business News on August 7. Zhang had previously issued similar directives in internal meetings.
Han Byeong-do: Government Tax Reform Aims for Normalization Amid Opposition Criticism
Han Byeong-do, the acting leader of the Democratic Party and floor leader, stated on August 4 that "the goal of this reform plan is to normalize taxation for growth and the livelihood of the people." He criticized the People Power Party, saying, "They are merely repeating outdated rhetoric.
Han Byeong-do Proposes Coalition of Five Parties for Political Reform
Han Byeong-do, acting leader of the Democratic Party and floor leader, met with Kim Jong-hoon, leader of the Progressive Party, on July 30 and pledged to establish a coalition of five parties: the Democratic Party, Justice Innovation Party, Progressive Party, Basic Income Party, and Social Democratic Party.
Han Byeong-do: Opposition Should Not Hinder Prosecutorial Reform
Han Byeong-do, acting leader of the Democratic Party, warned the People Power Party on July 30 against hindering legislative progress and prosecutorial reform as they prepare for a filibuster against the proposed amendments to the Criminal Procedure Act, which includes the abolition of supplementary investigative powers.
BYD, the World's Leading Electric Vehicle Maker, Enters Humanoid Robotics
BYD, the world's leading electric vehicle manufacturer, is entering the humanoid robotics industry. Given BYD's strong manufacturing base, significant disruption is expected. On July 29, BYD announced that it plans to unveil a humanoid robot in early August, stating, "A new friend wants to meet you." In June, BYD Vice President Li Ke mentioned in an interview with local media that the company is currently developing humanoid robots.
Han Byeong-do Calls for Swift Action on Allegations of Shincheonji Infiltration
Han Byeong-do, the acting leader of the Democratic Party, stated that allegations regarding the infiltration of Shincheonji members ahead of the August 17 party convention must be addressed swiftly and rigorously. He also announced plans to create a more effective National Assembly through proposed amendments to shorten the fast-track review period.
Sihung Mayor Im Byeong-taek Celebrates Shincheon-dong Parking Initiative Award
Im Byeong-taek, the mayor of Sihung, congratulated the Shincheon-dong Residents' Council for winning the top prize at the Gyeonggi Province Residents' Council Excellence Case Competition. He emphasized that this achievement reflects grassroots governance, where residents actively solve everyday issues.
Chairman Joo Byeong-gi: Responding to Unfair Practices of Dominant Online Platforms
Chairman Joo Byeong-gi of the Fair Trade Commission stated, "We will respond consistently to various unfair practices of domestic and foreign online platforms that hold monopolistic positions in accordance with the law and principles." In his opening remarks during a report to the National Assembly's Political Affairs Committee on the 28th, Chairman Joo emphasized, "I will actively participate in legislative discussions at the National Assembly level to establish a fair trading order between...
Han Byeong-do Calls for End to Political Attacks on Prosecutorial Reform
Han Byeong-do, acting leader of the Democratic Party, urged the People Power Party on July 28 to cease its irresponsible political attacks aimed at undermining prosecutorial reform. He expressed a commitment to pursue police and prosecutorial reforms that align with the public's expectations.
An Byeong-hun Finishes 11th at LIV Golf UK Event, Missing Top 10 by One Stroke
An Byeong-hun narrowly missed his second top-10 finish of the LIV Golf season at the UK event. On July 27, An played the final round of the LIV Golf UK tournament at the JCB Golf and Country Club in England, finishing with an even-par 72, which included one birdie and one bogey. With a total score of 11-under 277, An placed 11th overall. Starting the final round tied for 7th, An made his first birdie on the 6th hole (par 5) but could not capitalize further after a bogey on the 15th hole (par 4).
Han Byeong-do: Legislative Reforms Needed to Prevent National Assembly Stalemate
Han Byeong-do, the acting leader of the Democratic Party and floor leader, stated that he will pursue legislative reforms to prevent the People Power Party from obstructing the National Assembly. The Democratic Party held a protest rally, criticizing the People Power Party for its lack of action on livelihood legislation.
Han Byeong-do Criticizes Opposition's Political Attacks on Real Estate Forum
Han Byeong-do, acting leader of the Democratic Party and floor leader, stated that President Lee Jae-myung's decision to hold a national forum on real estate policy reflects the government's operational style.
Hwang Byeong-woo of iM Financial: AI is Transforming Finance
Hwang Byeong-woo, chairman of iM Financial Group, stated that "the advancement of AI represents a significant turning point that will shake the paradigm of finance, and we must lead market changes through a comprehensive AI transformation (AX)." During the '2026 Group Executive Workshop' held on July 20, Hwang emphasized the need to establish a robust risk management system and secure differentiated future growth drivers to solidify the group's foundation for sustainable growth.
Audit Official Yoo Byung-ho Arrested Over Presidential Residence Relocation Scandal
Yoo Byung-ho, an audit official implicated in a flawed audit related to the relocation of the presidential residence, has been arrested. According to legal sources on July 21, Judge Lee Jong-rok of the Seoul Central District Court issued the arrest warrant for Yoo after a hearing the previous day, citing concerns over potential evidence destruction.
Han Byeong-do Urges Cooperation from Opposition Amid Boycott
Han Byeong-do, the acting leader of the Democratic Party, warned on July 16 that if the People Power Party continues to boycott the National Assembly, it may lead to serious consequences. He also urged the opposition to cooperate in discussions regarding reforms to the Central Election Management Commission, including a recount and a special investigation law.
Yoo Byung-ho Appears for Investigation on Audit Misconduct Allegations
Yoo Byung-ho, a member of the Board of Audit and Inspection, is under investigation by the second special investigation team led by Special Prosecutor Kwon Chang-young regarding allegations of misconduct in the audit of the presidential residence construction.
Han Byeong-do Promises Swift Legislative Action on Three Major Projects
Han Byeong-do, acting leader of the Democratic Party and floor leader, emphasized on July 10 that he will push for the legislation of the three major projects with the party's special committee at the forefront. The special committee for the three major projects, chaired by Han, officially launched on the same day.
Han Byeong-do Criticizes Jang Dong-hyuk for Focusing on Election Fraud Conspiracy
Han Byeong-do, the acting leader of the Democratic Party and floor leader, criticized Jang Dong-hyuk of the People Power Party on July 10 for being preoccupied with conspiracy theories about election fraud related to the shortage of ballots in the June 3 local elections.
Han Byeong-do Warns of Action Against Boycotting Opposition Party
Han Byeong-do, the acting leader of the Democratic Party, warned on July 9 that if the People Power Party continues its boycott in response to the formation of the National Assembly's second half, he will take decisive action for a functioning legislature.
Han Byeong-do: AI Broadcasting ABC to Spark Media Innovation
Han Byeong-do, acting leader of the Democratic Party and floor leader, stated on July 8 at the '2026 ABC Launch Commemorative AI Ecosystem Innovation Forum' hosted by Aju News Corporation that he expects the AI-focused broadcasting channel ABC to be a starting point for media innovation that will transcend the boundaries of South Korea's AI ecosystem.
Korea REITs Association President Jeong Byeong-yun Aims for 20 Trillion Won Market Cap
Jeong Byeong-yun, president of the Korea REITs Association, holds a master's degree in public administration from Seoul National University and has a background in real estate and urban policy from the Ministry of Land, Infrastructure and Transport. He served as the director of the Ministry's Land and Urban Policy Office in 2013, overseeing national land and urban policies. In 2015, he was the director of the Planning and Coordination Office, leading key policies and organizational operations.
Saudi Arabia Considers Expanding Oil Pipeline to Bypass Hormuz Strait
Saudi Arabia is reportedly exploring the expansion of an alternative oil transportation route that would allow crude oil to be sent to the western Red Sea coast without passing through the Hormuz Strait. On July 7, Reuters cited five sources familiar with the matter, stating that Saudi Arabia is in discussions to increase the capacity of the east-west pipeline that transports oil from its eastern fields to the Yanbu port on the western Red Sea coast.
Han Byeong-do: All Major Legislative Tasks of Lee Government to Pass by Year-End
Han Byeong-do, acting leader of the Democratic Party, speaks at a high-level party government meeting at the Prime Minister's residence in Seoul on July 5. [Photo=Yonhap News] Han Byeong-do, the acting leader of the Democratic Party and floor leader, stated on July 5 that he will focus the party's efforts on passing all major legislative tasks of the Lee Jae-myung government by December of this year.
Han Byeong-do Criticizes Opposition for Disrupting Committee Chair Elections
Han Byeong-do, acting leader of the Democratic Party, speaks at a party meeting before a plenary session at the National Assembly on June 30. [Photo=Yonhap News] Han Byeong-do, the acting leader of the Democratic Party, criticized the People Power Party on June 30 for threatening to boycott the election of standing committee chairs and the confirmation of Prime Minister nominee Han Seong-sook.
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