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KOSPI plunges over 8% as chip stocks slide
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Lee vows to nurture super-gap growth engines beyond semiconductors
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South Korea at odds with Japan as allies seek broader security ties SEOUL, June 8 (AJP) - South Korea is increasingly seen as a security partner as U.S. allies look to strengthen ties amid doubts growing about how reliable Washington's broader defense commitments really are. But President Lee Jae Myung appears reluctant to deepen military cooperation with Japan, casting uncertainty on how far Seoul is willing to go. -
Won recovers after verbal intervention while bond sell-off deepens SEOUL, June 8 (AJP) - The South Korean won slightly recovered on Monday after a series of verbal warnings from financial authorities, which prompted traders to pull back from their dollar bets. There was also speculation that authorities may have directly intervened in the market. In Seoul, the won closed at 1,548.2 per dollar after opening at 1,555.2. -
US House panel passes defense bill provision barring foreign construction of Navy warships SEOUL, June 08 (AJP) - A U.S. House committee has approved a provision in the fiscal 2027 defense policy bill that would prohibit the Navy from using funds to build warships at foreign shipyards, a move that could complicate Washington’s recent push to tap allied shipbuilding capacity, including South Korean yards. -
Greek tourism authorities highlight importance of direct flight from Seoul to Athens SEOUL, June 8 (AJP) — Greek tourism officials on Monday highlighted efforts to strengthen deeper tourism ties with South Korea built around direct air connectivity, sustainable tourism, and authentic local experiences, as Greece seeks to attract more Korean travelers while broadening its appeal beyond traditional sightseeing.
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100 days of conflict in Middle East with no end in sight SEOUL, June 8 (AJP) - One hundred days in, the U.S. finds itself trapped in a conflict it didn't fully plan for and can't easily end. When American and Israeli warplanes struck Iran on Feb. 28, the operation seemed almost surgical in its ambition. Within hours, Iran's Supreme Leader Ali Khamenei was dead, and confidence was running high in Washington. Many believed Iran might quickly unravel, much as Saddam Hussein's regime collapsed within weeks of the U.S. invasion in 2003. U. by Lee Hugh
ASIA DEEP INSIGHT: US Defense Chief speech in Singapore brings tough choices for Seoul
The world is changing fast, and the recent defense meeting in Singapore proved it. United States Defense Secretary Pete Hegseth spoke at the Shangri-La Dialogue, and his words carry a heavy message. For South Korea, sitting right between major global powers, his speech is a loud wake up call. The days of relying on a system where America promises to protect everyone without asking for much in return are officially over. Washington wants friends to pay more and do much more on their own. This new
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From PC cafés to pork belly: Inside Jensen Huang's unconventional Seoul summit
SEOUL, June 05 (AJP) - Neon lights, the rapid clatter of keyboards in a bustling Hongdae PC café, and the unmistakable sizzle of meat hitting a hot grill—these are hardly the traditional backdrops for high-stakes tech diplomacy. Yet, on the evening of June 5, NVIDIA CEO Jensen Huang traded the polished boardrooms of Silicon Valley for the vibrant, everyday rhythms of Seoul. Immersing himself first in South Korea's grassroots digital culture, Huang eventually made his
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South Korea sees record drug tests as narcotics use rises among young people SEOUL, June 5 (AJP) - The number of drug tests is rising as synthetic drugs spread among teenagers and cases of fatal mixed-drug use increase. According to a report released by the National Forensic Service (NFS) earlier this week, the number of drug tests conducted reached 140,775 last year, the highest on record. Drug-related busts and the amount of narcotics seized have both risen steadily year after year. The Korea Customs Service (KCS) seized 769 kilograms of drugs in 704 cases in 2023, 7
Nvidia CEO's Seoul trip signals shift from chip buyer to physical-AI partner
SEOUL, June 5 (AJP) - When Nvidia's CEO Jensen Huang stepped off his plane at Gimpo International Airport on Friday and made an esports cafe his first stop, the image was familiar: the chip merchant returning to the gaming culture that built him. The substance of this visit, however, points somewhere far off. This trip is less about who buys Nvidia's graphics cards than about who can help the company teach machines to act in the physical world. South Korea, a manufacturing power with ch
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Technology>
- Researchers design DNA coatings to control catalyst environments for chemical production
- South Korean researchers win best paper award for humanoid pilot robot
- Naver Cloud, Nvidia expand alliance to build global AI factories
- Researchers discover natural substance capable of slowing down cancer cell growth
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- Nvidia CEO throws first pitch at baseball game before another 'Kkanbu' gathering
- South Korean footballers hold 1st training session in Mexico ahead of World Cup opener
- Jensen Huang swaps AI chips for K-pop moves on Korean TV show
- South Korea sees record drug tests as narcotics use rises among young people




















