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Chip windfall bankrolls Korea's record $600 bn budget for '27 SEOUL, September 01 (AJP) -Seoul has proposed a record 820.9 trillion won ($599 billion) budget outline through its biggest-ever increase of nearly 13 percent, riding on the chip windfall to invest in future growth.
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Korea exceeds $90 billion in exports SEOUL, September 01 (AJP) - South Korea's exports topped $90 billion for a third straight month in August, as record semiconductor shipments offset weaker sales of cars and ships, the trade ministry said Tuesday.
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AI expert advises Korea against copying US, China on physical AI SEOUL, September 01 (AJP) - South Korea should not chase the United States and China in the race to build humanoid robots but instead exploit its manufacturing strength to carve out a distinct path in physical AI, a leading roboticist said.
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Seven in 10 Koreans back age limits on children's social media
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South Korea sends 44 rescuers to Nepal
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Lee's policy chief bows out and joins reshuffle SEOUL, September 01 (AJP) -President Lee Jae Myung's outspoken policy chief Kim Yong-beom bowed out Tuesday, just two days after surviving a broad reshuffle of the economic team amid mounting pressure over housing policy and controversial single-stock leveraged exchange-traded funds. -
Seoul to impose antidumping duties on Chinese butyl acrylate SEOUL, September 1 (AJP) - South Korea will impose antidumping duties on butyl acrylate imported from China for five years starting later this month, the Ministry of Finance and Economy said on Tuesday. -
Unionized workers at Hyundai Motor reach wage deal SEOUL, September 1 (AJP) - Unionized workers at Hyundai Motor have reached a wage agreement for this year, ending months of labor tensions that disrupted production at South Korea's largest automaker. -
LG Energy Solution signs long-term deal with US-led JV SEOUL, September 1 (AJP) - LG Energy Solution (LGES) has signed a long-term supply contract with a U.S. lithium developer, it said on Tuesday.
ASIA Insight>
Humanoids can beat Bolt. The harder race starts on the factory floor SEOUL, August 31 (AJP) - A humanoid robot ran 100 meters in 8.64 seconds at Beijing's World Humanoid Robot Games last week, nearly a full second faster than Usain Bolt's world record. Except that it kept going. Tiangong Ultra hurtled past the finish line, slammed into a padded barrier and crashed to the floor in a shower of sparks, leaving staff to rush in with fire extinguishers before the machine was carried away. Impressive as the machines are, much of humanoid robotics still ends w by Kim Dong-young
Kazakhstan feels familiar. Family duty runs in reverse
SEOUL, August 28 (AJP) - Kazakhstan can feel unexpectedly familiar to a Korean visitor. Across Astana, there are faces that at first glance would not look out of place in Seoul. Dark hair, familiar facial contours and gestures of deference toward older people can create fleeting moments of recognition in a country separated from the Korean Peninsula by thousands of kilometers of mountains, desert and steppe. The sense of familiarity runs deeper around the family table. Younger people wait for
AJP Focus>
Two Koreas reshuffle military command for very different battles SEOUL, August 31 (AJP) - South and North Korea are reshaping their military leadership at the same time, but for markedly different challenges. Seoul is turning back to a career general to steady an institution unsettled by contentious reforms, while Pyongyang is tightening party control for stronger push into weapons modernization. President Lee Jae Myung's nomination of retired four-star Gen. Kang Shin-chul as defense minister effectively puts a career military officer back in charge afte
AI windfall buys homes, cars and luxury watches in Korea's chip enclave
HWASEONG, August 27 (AJP) - At Lotte Department Store in Dongtan, a saleswoman sizing up a customer offers a pitch that would sound peculiar almost anywhere else. "Your husband makes a lot of money this time. You can afford to treat yourself," she coos. There is no need to specify who the husband works for. Dongtan sits inside South Korea's semiconductor heartland, within commuting distance of Samsung Electronics' chip operations in Hwaseong and Giheung as well as SK hynix I
North Korea>
- U.S. reaffirms commitment to North Korea's complete denuclearization
- North Korea deploys drone operators among 8,500 troops in Russia, Ukraine says
- North Korea fires multiple ballistic missiles as US-South Korea exercise winds down
- Will Trump's joint drill reduction revive talks with North Korean leader?
