South Korean speed skater Kim Min-sun finished 14th in the women's 500-meter race at the opening leg of the 2026-27 ISU Speed Skating World Cup in Beijing on Saturday, clocking 38.74 seconds in her main event. Kim crossed the first 100 meters in 10.74 seconds, ranking 15th, before gaining one position over the remaining 400 meters. Fellow South Korean Jeong Hee-dan finished 18th in 39.16 seconds. The Netherlands' Angel Daleman claimed gold in 37.37 seconds,
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South Korea's Ministry of SMEs and Startups apologized Saturday after 818 participants in its government-backed "Everyone's Startup" program had their personal information exposed in a data breach three days earlier. The Nov. 11 breach occurred at private AI service provider AmicusRex, exposing the names, phone numbers and email addresses of 20,028 users, including the 818 program participants. It marked the second data leak involving the startup i
U.S. President Donald Trump bought between $1 million and $5 million worth of Nvidia shares just before his administration moved to ease restrictions on advanced AI chip exports in May 2025, raising fresh questions about potential conflicts of interest, according to an analysis by anti-corruption research group DeKleptocracy. In another transaction raising conflict-of-interest concerns, Trump's investment portfolio sold shares in 15 AI-related companies a day be
South Korea's Ministry of Science and ICT launched an emergency response team Saturday to assess disruptions caused by a global Microsoft 365 outage that affected email services at some domestic companies. The outage began Friday. Microsoft blamed the disruption on network changes, ruling out a cyberattack or AI-related problems. The ministry said it was working with Microsoft Korea to monitor service recovery and assess user complaints and potential damage. The
Global stock markets ended a turbulent week on a mixed note as Nvidia's leadership turmoil unsettled the AI trade without triggering a broader selloff. South Korea's KOSPI fell 0.98 percent to 5,290.53 on Friday, while Japan's Nikkei gained 0.53 percent and Taiwan's TAIEX rose 1.35 percent. Hong Kong's Hang Seng lost 1.61 percent. In the preceding U.S. session, the Nasdaq declined 0.39 percent and the S&P 500 slipped 0.35 percent. The unease s
Tesla has begun taking orders for its fully autonomous Cybercab, a two-seat electric vehicle without a steering wheel or pedals, marking a major step toward CEO Elon Musk's long-promised vision of self-driving cars for private ownership, according to its posting on X. Select customers are being invited to purchase the vehicle for an estimated $29,990, with deliveries expected in December. Buyers must pay a $1,000 nonrefundable deposit and subscribe to Tesla's
Air traffic across the United States was brought to a near standstill for more than four hours Friday after an aging air traffic control communications system failed, prompting the Federal Aviation Administration (FAA) to impose a nationwide ground stop. The restrictions began at 3:53 p.m. Eastern Time and were lifted at 8:15 p.m., with Transportation Secretary Sean Duffy blaming overloaded legacy equipment. More than 4,700 flights were canceled and 10,000 delayed F
Ship attacks around the Strait of Hormuz reached a record 37 in October, the highest monthly total since the U.S.-Israeli war against Iran began in February, according to maritime intelligence firm Lloyd's List Intelligence. At least 14 attacks have been recorded in November, while Iran's Islamic Revolutionary Guard Corps reported Friday that a liquefied gas carrier struck a mine and exploded in the eastern strait. Despite rising threats, 418 non-Iranian oil
South Korean speed skater Kim Min-sun finished 14th in the women's 500-meter race at the opening leg of the 2026-27 ISU Speed Skating World Cup in Beijing on Saturday, clocking 38.74 seconds in her main event. Kim crossed the first 100 meters in 10.74 seconds, ranking 15th, before gaining one position over the remaining 400 meters. Fellow South Korean Jeong Hee-dan finished 18th in 39.16 seconds. The Netherlands' Angel Daleman claimed gold in 37.37 seconds,
South Korea's Ministry of SMEs and Startups apologized Saturday after 818 participants in its government-backed "Everyone's Startup" program had their personal information exposed in a data breach three days earlier. The Nov. 11 breach occurred at private AI service provider AmicusRex, exposing the names, phone numbers and email addresses of 20,028 users, including the 818 program participants. It marked the second data leak involving the startup i
Incheon International Airport plans to develop South Korea's largest business aviation complex, spanning 170,000 square meters, with a dedicated private jet terminal and aircraft hangars, the airport operator said Saturday. Developers will be invited to submit bids for the project by Dec. 22. The privately funded project targets opening the terminal in 2028 and completing hangar facilities by 2030. The airport forecasts business aircraft arrivals will rise from
U.S.-bound flights from Incheon International Airport began returning to normal Saturday after earlier cancellations were withdrawn following the lifting of a nationwide ground stop by the U.S. Federal Aviation Administration (FAA). The FAA lifted the restrictions at around 10:15 a.m. Korean time, about four hours and 20 minutes after they began. The shutdown, reportedly triggered by an air traffic control communications failure, disrupted flights across major U.S.
South Korea's gasoline prices fell for the 26th consecutive week but remained virtually unchanged over the past two months, according to data released Saturday by the Korea National Oil Corp. Average gasoline prices slipped 0.4 won to 1,855.1 won ($1.31) per liter in the second week of November, while diesel edged down 0.2 won to 1,841.8 won. Gasoline prices have fallen by less than 1 won per liter each week since mid-September, with Seoul recording the highest ave
Rain is expected across most of South Korea on Saturday, with up to 50 millimeters forecast for Jeju Island, according to the Korea Meteorological Administration (KMA). Showers are expected to ease late Saturday in Seoul, Incheon, northern Gyeonggi Province and parts of the central and southwestern regions, while rain could persist through Sunday in Jeju and into Monday in parts of Gangwon and southeastern South Korea. Forecast rainfall ranges from 5 to 10 mm in Seo
South Korea reclaimed its position as China's largest source of imports for the first time in seven years, riding a semiconductor export boom that also lifted its ranking in the U.S. import market, according to K-stat data from the Korea International Trade Association (KITA). China's imports from South Korea surged 75.1 percent from a year earlier to $236.2 billion in the January-September period, giving Korea the largest share of the Chinese import market at
North Korea has changed the official proportions of its national flag for the first time since the country was founded in 1948, according to the country's propaganda website Naenara. The revised constitution, released by the website earlier this week, also stipulates a change in the flag's ratio from 1:2 to 1:1.65, making it narrower. The flag's design and official symbolism, however, remain unchanged. Experts speculate that the move is part of Pyongyang
U.S. President Donald Trump bought between $1 million and $5 million worth of Nvidia shares just before his administration moved to ease restrictions on advanced AI chip exports in May 2025, raising fresh questions about potential conflicts of interest, according to an analysis by anti-corruption research group DeKleptocracy. In another transaction raising conflict-of-interest concerns, Trump's investment portfolio sold shares in 15 AI-related companies a day be
South Korea's Ministry of Science and ICT launched an emergency response team Saturday to assess disruptions caused by a global Microsoft 365 outage that affected email services at some domestic companies. The outage began Friday. Microsoft blamed the disruption on network changes, ruling out a cyberattack or AI-related problems. The ministry said it was working with Microsoft Korea to monitor service recovery and assess user complaints and potential damage. The
Air traffic across the United States was brought to a near standstill for more than four hours Friday after an aging air traffic control communications system failed, prompting the Federal Aviation Administration (FAA) to impose a nationwide ground stop. The restrictions began at 3:53 p.m. Eastern Time and were lifted at 8:15 p.m., with Transportation Secretary Sean Duffy blaming overloaded legacy equipment. More than 4,700 flights were canceled and 10,000 delayed F
Ship attacks around the Strait of Hormuz reached a record 37 in October, the highest monthly total since the U.S.-Israeli war against Iran began in February, according to maritime intelligence firm Lloyd's List Intelligence. At least 14 attacks have been recorded in November, while Iran's Islamic Revolutionary Guard Corps reported Friday that a liquefied gas carrier struck a mine and exploded in the eastern strait. Despite rising threats, 418 non-Iranian oil
U.S. President Donald Trump will meet Chinese President Xi Jinping and Russian President Vladimir Putin next Thursday in an unprecedented three-way summit in Shenzhen, China, bringing together the leaders of the world's three largest nuclear powers amid mounting geopolitical tensions, the White House confirmed Friday. The talks, scheduled on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in the Chinese city of Shenzhen on Wednesday and Thurs
Democratic U.S. senators have ordered Elon Musk to preserve all records related to SpaceX's restrictions on Ukraine's Starlink and Starshield satellite services, setting the stage for congressional investigations into President Donald Trump's handling of the Ukraine war when Democrats take control of Congress in January, The Wall Street Journal reported Friday. Senators Jeanne Shaheen and Chris Coons cited disruptions from Oct. 13 to 24 and again on Nov.
Russia has revived its demand that NATO withdraw forces from Eastern Europe to positions held before the alliance's eastward expansion in 1997, widening the scope of U.S.-brokered Ukraine peace talks to Europe's security architecture, The New York Times reported Friday. A Russian document circulated during closed-door negotiations with U.S. envoys this week repeated demands Moscow made shortly before its February 2022 invasion of Ukraine, including a military p
Anthropic CEO Dario Amodei pledged to “underpromise and overdeliver” ahead of the AI company's stock market debut next Thursday, signaling a cautious approach to valuation as volatility rattles investor confidence in the AI boom. “We’re not super fussed on when exactly, what month, what market conditions we go public into,” Amodei told JPMorgan Chase CEO Jamie Dimon during a fireside chat Friday at the bank's Manhattan headquarte
Global stock markets ended a turbulent week on a mixed note as Nvidia's leadership turmoil unsettled the AI trade without triggering a broader selloff. South Korea's KOSPI fell 0.98 percent to 5,290.53 on Friday, while Japan's Nikkei gained 0.53 percent and Taiwan's TAIEX rose 1.35 percent. Hong Kong's Hang Seng lost 1.61 percent. In the preceding U.S. session, the Nasdaq declined 0.39 percent and the S&P 500 slipped 0.35 percent. The unease s
South Korean car-sharing operator Socar reported record third-quarter revenue Friday as stronger vehicle utilization and improved operating efficiency lifted profits. Revenue rose 21 percent from a year earlier to 135.2 billion won ($101.2 million), while operating profit jumped 43 percent to 9.8 billion won. Net profit also surged 743 percent to 13.4 billion won. Revenue from the company’s core car-sharing business rose 16.8 percent year on year to a record 10
SK Biopharmaceuticals has launched its epilepsy drug cenobamate in Japan under the brand name "Xcopri," following its launches in China and South Korea, the pharmaceutical company said on Friday. Its Japanese partner, Ono Pharmaceutical, is now selling the drug in four doses for adults with partial-onset seizures. The launch follows regulatory approval in Japan in September. Approved in about 50 countries and regions, cenobamate is marketed directly by SK
Labor disputes are deepening at Samsung Biologics as its unionized workers continue their strike, which began last week, entering the second week of their partial walkout. The biopharmaceutical company said on Friday that about 500 workers are participating in the strike, which began on Nov. 6 and is scheduled to run through Nov. 27, but no production disruptions or business losses have been reported so far. Wage-related talks are scheduled to resume next Tuesday a
South Korea's KOSDAQ rose 0.45 percent to 699.66 on Friday after reaching an intraday high of 725.81, giving up most of its earlier gains. Institutions bought 126.2 billion won ($94.6 million) worth of shares, while foreign investors sold 75.5 billion won and retail investors followed by selling 56.3 billion won worth of shares. Among the most actively traded stocks by volume, KBI Metal surged 26.58 percent to 4,620 won, Yellow Balloon climbed 15.09 percent to 3,585 won and Ecocap gained
South Korea's KOSPI fell 0.98 percent to 5,290.53 on Friday after touching an intraday high of 5,504.44, while Korea Electric Power Corp. plunged nearly 10 percent following disappointing third-quarter earnings. Foreign investors sold 550.5 billion won ($412.6 million), while retail investors bought 17.4 billion won and institutions followed with purchase of 2.1 billion won. Among the most actively traded stocks by volume, Samsung Electronics slipped 0.48 percent to 207,000 won, while Kum
Hanwha Aerospace has been selected as the preferred bidder for a 177.3 billion won (US$123 million) project to develop a homegrown 10,000-pound-class turbofan engine for a low-observable reconnaissance drone, the company said on Friday. Led by the Agency for Defense Development (ADD) and backed by the Defense Acquisition Program Administration (DAPA), the project will run through October 2031 and aims to secure key technologies for advanced aircraft engines. Hanwha
HiteJinro’s third-quarter operating profit rose 6.2 percent from a year earlier to 57.7 billion won ($43.3 million), even as sales of both its soju and beer fell, the South Korean liquor maker said Friday. Revenue dropped 5.5 percent to 632.4 billion won. Soju, its largest business, saw sales fall 3.5 percent to 367.5 billion won, but operating profit in the segment climbed 7 percent to 45 billion won. Beer sales slid 9.7 percent to 204.4 billion won, while b
Former Nvidia CEO Jensen Huang reportedly misled senior company executives about his relationship with a Chinese businesswoman suspected by U.S. authorities of espionage, raising further questions about his conduct following his resignation earlier this week. According to Reuters on Friday, Huang described his relationship with Alice Huang, a former senior executive at Singapore-based Nv
South Korea's booming beauty industry has emerged as a new investment theme on Wall Street, with a U.S. asset manager launching an exchange-traded fund (ETF) focused on Korean cosmetics and medical aesthetics companies. Guinness Atkinson Asset Management launched the Guinness Atkinson K-Beauty ETF, trading under the ticker KBTY, on the NYSE Arca exchange Friday, according to Blo
U.S. President Donald Trump will hold a historic three-way summit with Chinese President Xi Jinping and Russian President Vladimir Putin in China next week, but has no plans to meet North Korean leader Kim Jong-un during his Asia trip, the White House said Friday. The three leaders are scheduled to meet on Nov. 19 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in
South Korean robotics company Robotis has been identified by JPMorgan as a promising supplier in the rapidly expanding humanoid robot market, as U.S. production is projected to reach as many as 1.5 million units by 2035. JPMorgan forecast in a report released Thursday that U.S. humanoid robot production could reach 300,000 to 400,000 units by 2030 before climbing to approximately 1.5 mil
The Eurovision Song Contest will make its Asian debut in Bangkok on Saturday, bringing together performers from 11 countries, including South Korea, as the 70-year-old European music competition seeks to expand its global reach despite budget pressures and concerns over audience demand. The inaugural Eurovision Song Contest Asia will take place at One Bangkok Forum in Thailand, starting
U.S. President Donald Trump may view South Korea's push to regain wartime operational control (OPCON) as an opportunity to withdraw American troops from the Korean Peninsula, U.S. security experts warned Friday. The assessment comes as President Lee Jae Myung's administration seeks to complete the long-delayed transfer within his term, raising concerns over the future of the Sout
Nvidia is a darling of South Koreans invested in U.S. stocks and a customer helping memory chipmakers SK hynix and Samsung Electronics mint profits. Jensen Huang, its departing founder, enjoyed a celebrity status here.
Opinion
For years, a black leather jacket was enough to announce the arrival of one of the most powerful men in technology. Jensen Huang would stride onto a stage wearing one, and the audience would know what to expect: a new processor, a bold prediction, perhaps another glimpse of a future in which artificial intelligence would transform nearly everything. The jacket was more than clothing. It was a declaration of independence from the conventions of corporate America, a symbol
The author, Abe Kwak, is the Chairperson of the Asia-Pacific Media Association based in Seoul. Jensen Huang’s Sudden Exit, Nvidia’s Uncertain Future, and the Struggle for Technological Supremacy Between America and China The man who helped build the infrastructure of the artificial intelligence revolution has been brought down not by a rival's superior technology, a Chinese breakthrough in semiconductor manufacturing, or a political campaign against his compan
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Entertainment
The Eurovision Song Contest will make its Asian debut in Bangkok on Saturday, bringing together performers from 11 countries, including South Korea, as the 70-year-old European music competition seeks to expand its global reach despite budget pressures and concerns over audience demand. The inaugural Eurovision Song Contest Asia will take place at One Bangkok Forum in Thailand, starting at 10:30 p.m. Korean time. The event will be broadcast live on partici
HYBE has won an Asian corporate treasury award for a system that manages cash across its overseas operations, the K-pop company said Friday. HYBE received the Overall Winner prize in the Judges' Choice category at the 2026 Adam Smith Awards Asia. Winners were announced in September and honored at a ceremony in Singapore on Nov. 10. The competition, organized by Treasury Today Group, drew 345 entries from 21 countries. HYBE was the only recipient i
K-pop group aespa has teamed up with the American singer Eartha Kitt for a new version of the Christmas classic "Santa Baby" featuring her original vocals, SM Entertainment said Friday. The collaboration comes ahead of the 100th anniversary of Kitt's birth on Jan. 17, 2027. Kitt first recorded the song in 1953, and her rendition remains one of its most recognizable versions. Primary Wave Music, the song's music publisher, handled the












