-
Freedom Edge to go ahead despite rollback in Korea drills
SEOUL, August 26 (AJP) -The United States is preparing to move ahead with a major trilateral military exercise with South Korea and Japan, regardless of the scaled-back annual drills with Seoul ordered by President Donald Trump as he seeks to renew rapport with Pyongyang.
-
-
Korea business sentiment hits four-year high on chip boom
SEOUL, Aug. 26 (AJP) — South Korean business sentiment rose to its highest level in nearly four years in August, buoyed by strong semiconductor exports and tourism demand even as domestic consumption and factory activity remained weak.
-
Trump's nuclear realism tests Seoul's denuclearization line
SEOUL, August 25 (AJP) - North Korea, according to U.S. President Donald Trump, is not Iran. Washington may have "obliterated" Iran's nuclear program, as Trump puts it, but Pyongyang already possesses what he describes as 57 "very powerful" nuclear weapons.
-
LG Chem targets AI chips at Taiwan expo
SEOUL, August 26 (AJP) - LG Chem will bring a lineup of advanced packaging and power semiconductor materials for artificial intelligence chips to SEMICON Taiwan 2026, positioning its materials business for a market that AI demand is expanding rapidly.
-
-
Blame game grows as Korean 'ants' get burned in herd trading
SEOUL, August 25 (AJP) - The blame first fell on the president, who encouraged households to put their money into stocks rather than leveraged housing bets. Then came the financial regulator, criticized for allowing high-risk exchange-traded funds built around South Korea's chip supremacy. The latest to take a seat in Korea’s blame-game musical chairs are so-called finfluencers, the self-styled investment experts whose stock tips, price targets and market predictions fill YouTube and
by Ryu Yuna
How Seoul's hillside neighborhood becomes hidden gem for foreigners
SEOUL, August 21 (AJP) - On a steep hillside beneath Mt. Namsan, a neighborhood once known for cheap housing is giving foreigners a reason to look beyond Seoul's better-known hotspots. It is not as crowded as Seoul's hip Hongik University neighborhood, a popular nightlife district known for its youthful energy or as busy as nearby Itaewon, Seoul's best-known international and entertainment district. Yet Haebangchon has plenty of bars, restaurants and cafés within walking dis
Gartner estimate $1 trillion memory sales, aiding Korean chip stocks
SEOUL, Aug. 25 (AJP) — South Korea's two chip bellwethers clawed back steep early losses Tuesday after Gartner forecast a memory boom lasting well into next year, giving investors a fresh reason to look past shareholder-return packages that have done little to restore their shares to June peaks. Samsung Electronics ended Tuesday flat at 257,000 won after losing more than 4 percent earlier in the session. The stock had plunged 8.7 percent Monday after its record shareholder-return pla
Sovereign AI race pulls world deeper into Nvidia's orbit
SEOUL, August 24 (AJP) - When South Korea named the three teams last week that will carry its bid for a homegrown artificial intelligence model, the reward that mattered most was not cash or recognition. It was more Nvidia. The government said on Aug. 18 that SK Telecom, LG AI Research and startup Upstage had cleared the second round of its sovereign AI foundation model contest. For the next stage, each team will receive access to roughly 1,000 Nvidia B200 graphics processing units, up from ab