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Korea's obesity drug race meets an appetite for thinness
SEOUL, October 22 (AJP) - In appearance-conscious South Korea, medicines developed to treat obesity are finding an audience beyond patients seeking better health as they appeal to people whose goal is to become thin and stay thin.
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Black Eagles turn Sacheon's sky into a canvas
SACHEON, October 22 (AJP) - A giant white starfish spread across Sacheon’s blue autumn sky on Thursday as the Black Eagles broke formation, each jet drawing a long arm of smoke toward a different edge of the heavens.
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Korea's chip boom to bolster consumption in 2027: BOK
SEOUL, October 22 (AJP) — South Korea's semiconductor boom could spread more broadly to household consumption in 2027 through bonuses, dividends, fiscal transfers and a stronger won, although the benefits remain uneven, the Bank of Korea (BOK) said Thursday.
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Samsung's Lee visits UAE power plant
SEOUL, October 22 (AJP) - Samsung Electronics Chairman Lee Jae-yong visited a gas-fired power plant construction site in Abu Dhabi on Wednesday as the South Korean conglomerate explores opportunities in AI data centers and energy infrastructure in the Middle East.
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Yonsei University data breach affects over 10,000 people
SEOUL, October 22 (AJP) - More than 10,000 people, including students and alumni of Yonsei University in Seoul, have had their personal information exposed in a cyberattack on the institution's online portal, the university announced Thursday.
Korean chip bonuses spill over to competition
SEOUL, October 22 (AJP) - Chipmakers in South Korea and Taiwan keep a civil distance despite cutthroat competition to advance chip technology and recruit talent. But the extraordinary AI chip windfall has turned heads in Taiwan’s cleanrooms as workers watch their Korean counterparts collect lavish rewards from the industry’s newfound riches. Union officials at U.S. memory chipmaker Micron Technology’s Taoyuan operation began a 24-hour warning strike Thursday, pressing for a p
by Candice Kim
Korea and Taiwan reap chip bounty, but currencies split the harvest
SEOUL, October 21 (AJP) — Chip powerhouses South Korea and Taiwan have been enjoying a bumper harvest, but their stock and currency markets have shared unevenly in the bounty in the second half. Samsung Electronics and SK hynix, which powered a stock-buying frenzy that nearly doubled the KOSPI earlier this year, have surrendered much of their gains. The Korean benchmark’s remaining advance is now roughly half Taiwan’s 60-percent surge. In the currency market, however, Korea h
BOK chief's inflation outlook hints rates unlikely to come down before '28
SEOUL, October 22 (AJP) - Bank of Korea Governor Shin Hyun-song on Thursday credited the board’s two successive summer rate hikes with helping cool inflation and steady currency and debt markets while signaling that rates won't likely come down before 2028. Speaking after the monetary policy board unanimously held the base rate at 3.00 percent, Shin described the pause as the payoff from acting early. The BOK raised rates by a quarter percentage point in both July and August after ho
Korea's rice farmers struggle to keep a staple—and a livelihood—alive
SEOUL, October 20 (AJP) - Rice farming is a labor as old as Korea’s 5,000-year history, its harvest a staple of daily meals and an essential ingredient in the country’s cuisine. Yet the farmers sustaining that legacy face a difficult squeeze: aging hands, costly machinery and a changing appetite for the grain they grow. In Icheon, a city in Gyeonggi Province famed for its premium rice, autumn brings both the harvest and a festival celebrating it. Beyond the festival grounds, the wo
UPDATE: Bank of Korea stands pat, bonds rally on unanimous pause
South Korea to send letter to UN over DMZ landmine blast
