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Hack at Mirae Asset Securities exposes data of 39,000
SEOUL, November 07 (AJP) - Hackers breached Mirae Asset Securities, one of South Korea's largest brokerages, in back-to-back attacks this week, leaking the account numbers of about 3,800 customers and the personal data of more than 35,000 employees, the company said on Saturday. The attackers hit a mobile-web lo
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Gopax trading freeze drags into second day
SEOUL, November 07 (AJP) - Trading and withdrawals at Gopax, a South Korean cryptocurrency exchange, remained frozen on Saturday morning, more than 18 hours after a threatening email from self-proclaimed hackers forced the shutdown. The exchange halted withdrawals at 2:55 p.m. Friday and trading at 3:53 p.m., cancelling all unfilled orders.
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Seoul tweaks margin loan rule to contain stock selloff
SEOUL, November 6 (AJP) —South Korean brokerages will have greater discretion to defer forced liquidation of stocks bought on credit starting Monday, as authorities suspend the 140 percent collateral maintenance requirement for three months.
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South Korea's Lee pledges support for Timor-Leste
SEOUL, November 6 (AJP) - President Lee Jae Myung on Friday pledged to strengthen ties with Timor-Leste, reaffirming that Seoul would remain a trusted partner as the Southeast Asian country pursues economic development and a greater role in the region.
Is regulation best answer to Korea's teen social media addiction?
SEOUL, November 05 (AJP) - South Korea is mulling restrictions on children’s access to social media, joining a global push to shield young users from addictive feeds and harmful content. A country that once ordered teenagers off online games at midnight faces a déjà vu question over whether state intervention is the best answer. President Lee Jae Myung — himself an active social media user — instructed the Korea Media and Communications Commission (KMCC) at a Ca
by Lee Jung-woo
Chinese robots steal the Seoul show, Korea's work offstage
SEOUL, November 04 (AJP) - China came to Robo World 2026 to show what its robots can do. South Korea came to show what its robots will keep doing, hour after hour, on factory floors no crowd will ever see. Three Unitree G1 humanoids danced in step to "Abracadabra" by K-pop group Brown Eyed Girls, while a Unitree robot dog wandered between booths. Service robots with holographic displays and small screens rolled through the aisles. At Rainbow Robotics' booth, HUBO, the Einstein-fa
US midterm lays bare Korean chipmakers' exposure to AI politics
SEOUL, November 06 (AJP) - A US midterm vote half a world away hit the Seoul bourse and its biggest chipmakers hardest. Foreign investors fled, and local players are split on whether this is excess panic or a rightful correction. SK hynix tumbled 10.76 percent Friday after 9.46 percent a day earlier after sweeping Democrat win became evident. Samsung Electronics lost 6.35 percent on top of Thursday's 7.57 percent retreat. They had been hammered even before the election results on concerns
Qualcomm's AI shift could reshape Samsung chip ties
SEOUL, November 05 (AJP) - Qualcomm is redefining itself beyond the phone chips that built its name, pursuing growth in AI data centers and autonomous vehicles in a shift that could give longtime customer Samsung Electronics a larger role as a supplier. The U.S. chipmaker’s processors power Samsung’s premium Galaxy phones. Its expansion into AI infrastructure could, in turn, create demand for Samsung’s memory chips — although any new supply arrangements remain unconfirme
