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ECB may follow BoE in raising hike as inflation hit 3-year high ZURICH, November 05 (AJP) -Rising energy costs are tightening the squeeze on European households, sending Britain to raise interest rates for the first time in more than three years and the European Central Bank (ECB) weigh another increase in December.
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China warns EU over trade 'kill switch' ZURICH, November 05 (AJP) -China threatened retaliation Thursday over a proposed European Union trade “kill switch” that would allow the bloc to swiftly restrict imports, escalating tensions with its largest supplier of foreign goods.
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France calls wage talks after biggest day of protests in years ZURICH, November 05 (AJP) -France’s prime minister called emergency wage talks Thursday as hundreds of thousands of protesters marched nationwide, demanding relief from rising living costs and an end to cuts in public services.
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EU car-rule retreat divides stakes for Hyundai, Kia
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Drones gain bigger role S. Korea amid North's battlefield advance
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When reality hurts, Koreans find comfort in virtual worlds SEOUL, November 5 (AJP) — Virtual worlds where relationships and experiences can feel real without the physical or emotional wounds of real life are back in vogue in South Korea, helped by AI tools that make them easier to create. -
SK's Chey raises divorce money via stock sale SEOUL, November 05 (AJP) -SK Group Chairman Chey Tae-won has raised 944 billion won ($703 million) through a sale of shares in the group's holding company to finance his divorce settlement. -
Seoul denies plan to buy large amounts of U.S. Treasuries SEOUL, November 5 (AJP) —Seoul authorities denied they were mulling to buy a large amount of long-term U.S. Treasuries. -
South Korea to postpone crypto gains tax again until 2029 SEOUL, November 5 (AJP) - South Korea said Thursday it would postpone taxes on cryptocurrency gains for a fourth time, delaying their introduction by two years until 2029.
ASIA Insight>
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
AJP Focus>
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
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
