Articles by Cho Chung-un
Cho Chung-un
christory@heraldcorp.com-
Regulator set to order Lone Star to sell KEB stake
SEOUL, Oct. 25 (Yonhap) -- South Korea's financial regulator is expected to order Lone Star Funds to sell the bulk of its stake in Korea Exchange Bank (KEB) after the U.S. buyout firm said it cannot meet the requirements as the major shareholder of the fifth-largest lender, watchers said Tuesday.Lon
Oct. 25, 2011
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Oil prices expected to slip 8 percent next year: report
SEOUL, Oct. 25 (Yonhap) -- International crude oil prices are expected to fall up to 8 percent in 2012 from this year's levels as demand for oil products decline in line with the global economic slump, a report showed Tuesday.The price of Dubai crude, South Korea's benchmark, would trade at a range
Industry Oct. 25, 2011
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BPA in pregnant women might affect kids' behavior
CHICAGO (AP) — Exposure to BPA before birth could affect girls' behavior at age 3, according to the latest study on potential health effects of the widespread chemical.Preschool-aged girls whose mothers had relatively high urine levels of bisphenol-A during pregnancy scored worse but still wit
Technology Oct. 24, 2011
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Torch cams to give masses views from Lady Liberty
NEW YORK (AP) — Lady Liberty is getting high-tech gifts for her 125th birthday: webcams on her torch that will let viewers gaze out at New York Harbor and read the tablet in her hands or see visitors on the grounds of the island below in real time.The five torch cams are to be switched on Frid
World News Oct. 24, 2011
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German doctor convicted in 1982 teen death
Andre Bamberski, father of Kalinka Bamberski, who died mysteriously in 1982, talks to journalists outside court in Paris. (AFP)PARIS (AP) — A Paris criminal court on Saturday convicted a retired German doctor in the 1982 death of his 15-year-old stepdaughter in a decades-long cross-border batt
World News Oct. 23, 2011
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US researchers study bed bugs' resistance
US researchers have uncovered the genetic mechanism that bed bugs use to resist powerful insecticides, according to a study, leading to the hope of more effective ways to combat the pests.Bed bugs, which have been largely absent from the United States since the 1950s, have returned in force in the l
Technology Oct. 20, 2011
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Jon Bon Jovi's charity restaurant opens in US
RED BANK, New Jersey (AP) _ In three decades as one of the world's biggest rock stars, Jon Bon Jovi has eaten in some of the world's best restaurants, savoring the best food the planet has to offer.Yet there's no place he'd rather have dinner than The Soul Kitchen, a ``pay-what-you-can'' restaurant
World News Oct. 20, 2011
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4th arrest made in Philadelphia basement case
PHILADELPHIA (AP) — A fourth person was arrested Wednesday in a scheme in which authorities said mentally disabled adults were locked up in a fetid basement while their captors cashed their Social Security checks. The latest suspect was the daughter of the alleged ringleader, officials said.Th
World News Oct. 20, 2011
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S. Korean climber Park Young-seok feared missing in Himalayas
The Korean Alpine Federation announced Thursday it was searching for three missing Korean climbers last seen heading for a summit in the Himalayas in north-central Nepal.Korean veteran mountaineer Park Young-seok, Gang Gi-seok and Shin Dong-min were on the south face of Annapurna, aiming to push for
More Sports Oct. 20, 2011
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Up to 200,000 political prisoners in N. Korea: UN
UNITED NATIONS, Oct 19, 2011 (AFP) - Up to 200,000 political prisoners are languishing in North Korean prison camps, a sharp increase from 10 years ago, a United Nations envoy said Wednesday.Compared to 2001, the latest satellite pictures of the country indicate a "significant increase in the scale
North Korea Oct. 20, 2011
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Lohan in custody after judge finds probation issue
LOS ANGELES (AP) — Lindsay Lohan sported a new accessory Wednesday after a judge revoked her probation: Handcuffs.The actress was taken into custody and escorted from a hearing after Superior Court Judge Stephanie Sautner revoked her probation because she was ousted from a community service as
Film Oct. 20, 2011
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Reports: French first lady gives birth to girl
PARIS (AP) — French first lady Carla Bruni-Sarkozy gave birth to a baby girl on Wednesday night — the first infant born to a sitting president of modern-day France, the French media reported.President Nicolas Sarkozy, finishing up a meeting in Frankfurt on the euro debt crisis, was absen
Podcast Oct. 20, 2011
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Greece: Riots as austerity steps get 1st approval
ATHENS, Greece (AP) _ Hundreds of youths have smashed and looted stores in central Athens and clashed with riot police during a massive anti-government rally against painful new austerity measures that won initial parliamentary approval in a vote.Wednesday's rioting came on the first day of a 48-hou
World Business Oct. 20, 2011
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FTC intensifies probe into department stores, vendors for unfair biz terms
SEOUL, Oct. 20 (Yonhap) -- South Korea's antitrust watchdog will launch a stepped-up investigation into the business terms of local department stores and vendors as part of efforts to establish a fair trade environment in the retail sector, its head said Thursday.The toughened stance comes after the
Industry Oct. 20, 2011
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Court rejects arrest warrant for ex-vice culture minister
A Seoul court on Thursday turned down a request by state prosecutors to arrest Shin Jae-min, former vice minister of culture, who is accused of having received bribes from a local businessman.Prosecutors sought an arrest warrant for Shin, a close confidant to President Lee Myung-bak, earlier this we
Politics Oct. 20, 2011
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