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Devil's in the details at Trump-Xi summit SEOUL, September 21 (AJP) - U.S. President Donald Trump and Chinese President Xi Jinping have a crowded table for their summit this week, ranging from trade, artificial intelligence and critical minerals to Taiwan and the wars in the Middle East and Ukraine.
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Iran war reaches UN crossroads as Hormuz emerges as possible deal SEOUL, September 21 (AJP) - Trump-Xi diplomacy is not the only high-stakes encounter commanding attention this week. The United Nations General Assembly is opening a rare diplomatic window for the United States and Iran after nearly seven months of war.
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Trump-Xi summit puts Korea's won, bonds on yuan-Treasury watch SEOUL, September 21 (AJP) - The Trump-Xi summit this week will put South Korea's won and bond markets on watch for two signals with an outsized influence on Seoul, the direction of China's yuan and the appetite for U.S. government debt.
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China's memory ascent turns heads as CXMT races up DRAM ladder
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Korean ETF investors turn westbound again
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Westinghouse stake hits snag between Seoul, Washington SEOUL, September 21 (AJP) - South Korea's stake in Westinghouse Electric may be capped at about 7 percent, well below the 15 to 20 percent Seoul had sought, government sources said on Monday. -
Lee is without two key aides at Cheong Wa Dae SEOUL, September 21 (AJP) - South Korean President Lee Jae Myung is facing mounting speculation over replacements for two of his most senior aides after presidential chief of staff Kang Hoon-sik offered his resignation Monday. -
South Korea taps Latin America for defense exports SEOUL, September 21 (AJP) - South Korea is stepping up its push into Latin America's defense market as President Lee Jae Myung embarks on a state visit to Mexico this week. -
Samsung breaks ground on HVAC plant in Gwangju SEOUL, September 21 (AJP) - Samsung Electronics on Monday broke ground on a new manufacturing line in Gwangju as it expands production of cooling equipment for artificial intelligence (AI) data centers.
ASIA Insight>
Esports has the money. Can it run a tournament? SEOUL, September 21 (AJP) - Krafton launched PUBG Asia Stars on Sept. 17 ambitiously dubbed as a new pan-Asian showcase with 48 participants from six regions, a $70,000 purse and a format inspired by the Asian Games. Within two days, it had lost control of the competition. All eight Korean participants boycotted the second day over the handling of suspected cheating. Krafton removed two Vietnamese participants, revoked their PUBG Partner status and, on Sunday, canceled the final day. It said by Kim Dong-young
Seoul draws Hormuz line as Tokyo weighs mine-clearing role
SEOUL, September 18 (AJP) - President Lee Jae Myung on Friday ruled out any South Korean military deployment that would draw the country into the war involving Iran, while leaving room for a narrowly defined mission to protect Korean vessels, citizens and energy routes around the Strait of Hormuz. The remarks marked Lee’s clearest attempt yet to draw a line between joining a war and contributing to maritime security as Seoul faces sustained U.S. pressure over Hormuz. “There will be
AJP Focus>
Care leavers remain on South Korea's social periphery SEOUL, September 21 (AJP) - Home is easily taken for granted. Some people grow up never quite knowing what it means to have one. A Korean activist in her 20s, who asked not to be named because she does not want her childhood history to follow her into adulthood, is one of them. When she was six or seven, she and her younger sibling were placed in a residential child care facility after their father found himself unable to raise them alone. She remained in institutional care into her early 20s
Trump-Xi chip bargaining puts Korean memory makers on alert
SEOUL, September 18 (AJP) -From tariffs and rare earths to Iran and artificial intelligence, the U.S.-China summit on Sept. 24 has a crowded agenda. For South Korean chipmakers, the business issue to watch would be whether semiconductors become bargaining currency in a broader trade deal between the world's two largest economies. Chinese President Xi Jinping is said to be assembling an unusually large business delegation, possibly to match the high-profile entourage U.S. President Donald T
