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Midterm shock: Korea's markets swing on chip and tariff outlook
SEOUL, November 4 (AJP) — South Korean financial markets swung sharply Wednesday as investors scrambled to assess a potential slowdown in datacenter expansion and the fate of President Donald Trump’s America First policies under a Democratic-controlled Congress.
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Next in line for Made-in-China conquest — robot companions
SEOUL, November 04 (AJP) - China, a frontrunner in humanoid technology, has set its sights on a new conquest — a robot companion for life. At Robo World 2026, that ambition took the form of a robot built to sit on the sofa. Chinese brands have already worked their way
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Seoul confirms shaved penalties over Hong Kong ELS mis-selling
SEOUL, November 04 (AJP) -South Korea finalized 374.6 billion won ($279.3 million) in penalties against banks and brokerages Wednesday for mis-selling investment products tied to Hong Kong’s H-share index, substantially reducing earlier proposals.
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SK hynix says US chip equipment license remains valid
SEOUL, November 04 (AJP) - SK hynix said Wednesday it continues to bring U.S.-made semiconductor manufacturing equipment into its plant in Dalian, China, under an existing export license, while negotiations for next year's authorization remain underway.
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Seoul's forward USD book thins as KRW strengthens
SEOUL, November 4 (AJP) —A surging won, lifted by exporters selling their dollars, gave Seoul authorities less reason to prop up its currency in September, and its forward dollar book shrank for the first time in eight months.
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
by Kim Dong-young
AJP On-site: Life in a border village where even lunch requires military clearance
PAJU, South Korea, November 3 (AJP) — Getting a table at a restaurant in this South Korean village takes more than a reservation. You must first submit your name, the names of everyone traveling with you and your car's license plate number for military clearance. Only after the restaurant confirms that the information has been submitted can the journey begin. Google Maps is of little help. The restaurant sends its own directions because the navigation service does not provide routes
Midterm shock: US-fueled datacenter boom faces political test
SEOUL, November 04 (AJP) - AMD’s stellar third-quarter earnings and ambitious AI growth outlook position the fabless chipmaker as a formidable challenger to Nvidia, but the U.S. midterm upset for Republicans could slow the so-called “Wild West” expansion and send shockwaves through South Korean chipmakers. Decision Desk HQ projected Democrats would take control of both the House of Representatives and the Senate following Tuesday’s elections. In Texas, Democrat Gina Hino
Korea's factory recovery broadens beyond chips – albeit uneven
SEOUL, November 3 (AJP) — The AI revolution is moving at a speed that could make the Industrial Revolution look glacial. In South Korea, its shock waves are beginning to reach factory floors beyond the semiconductor cleanrooms that have long powered the country's industrial growth. Chips remain a pillar of Korean manufacturing and exports, but the AI investment boom is beginning to lift production in other industries. The spillover is becoming more visible, although the recovery remai