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South Korea says North Korean mines 'highly likely' behind DMZ blasts
SEOUL, September 28 (AJP) - North Korean land mines “highly likely” caused the two explosions that seriously injured patrolling South Korean soldiers in the southern side of the Demilitarized Zone last week and must be accountable if found to have planted them, the South’s military said Monday. "We assess that there is a very high probability that North Korean mines were the cause of the exp
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DMZ blast mystery: Why troops entered a mine area
SEOUL, September 28 (AJP) - Why South Korean troops were clearing a new route through an unverified mine area ahead of a planned United Nations Command inspection when a blast seriously injured three officers on Sept. 21 remains a mystery.
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Korean bond yields catch up with U.S. and will BOK notice?
SEOUL, September 28 (AJP) - How far and how long South Korean bonds follow the U.S. counterparts. and whether the market movement affects the rate-setting meeting next two months are being closely watched after the Korean bonds joined the selloff in the U.S.
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South Korea secures final victory in Schindler ISDS case
SEOUL, September 28 (AJP) - South Korea’s victory in an investor-state dispute settlement case brought by Schindler Holding AG has finalized as the Swiss elevator company has not challenged the ruling within the legal deadline, the Justice Ministry said Monday.
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Finance minister, BOK chief pledge closer policy coordination
SEOUL, September 28 (AJP) — South Korea’s finance minister and central bank governor agreed Monday to strengthen policy coordination and joint market monitoring as rising global bond yields, geopolitical risks and tighter cross-market linkages increase uncertainty.
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Korea's Q2 corporate card spending hit record amid chip boom
SEOUL, September 28 (AJP) — South Korea's corporate credit card spending topped 60 trillion won ($45.4 billion) for the first time in the second quarter, rising 10.6 percent from a year earlier in line with a surge in corporate earnings from chip boom, central bank data showed.
When history becomes a movie, what do viewers believe?
SEOUL, September 28 (AJP) - A South Korean title has returned to the top of the box-office rankings after a lengthy run by “Odyssey” and could become a social hot potato. “The Assassin(s),” directed by Hur Jin-ho, drew about 1.41 million moviegoers during the four-day holiday from Sept. 24 to 27. Its cumulative audience reached 1.57 million by Sunday. The reviews told a more complicated story. Early Monday, the film held a 92 percent CGV Egg Index and an 8.6
by Joonha Yoo
What's in a face? In Korea, seemingly a lot
SEOUL, September 23 (AJP) -A gifted physiognomist played by Song Kang-ho sits at the center of the 2013 Korean film The Face Reader, able to divine a person's character and destiny simply by looking at a face. His gift eventually draws him into a struggle over the Joseon throne. After studying the face of Prince Suyang, he sees the makings of a ruthless usurper. His judgment proves accurate. But knowing what is coming does not mean he can stop it. Despite his efforts to protect the young K
South Korea's unequal starting lines for love and connection
SEOUL, September 28 (AJP) - Young South Koreans are becoming more homebound and even reclusive, and a new study points to an educational divide in their social connections in a society still heavily preoccupied with university diplomas. Young adults without a four-year university education and those from outside Seoul showed weaker social connections across several measures, according to a National Assembly Futures Institute (NAFI) study based on a nationwide survey of 5,185 people aged 19 to 3
AI giants go straight to memory makers
SEOUL, September 23 (AJP) - The artificial intelligence boom is beginning to reshape not only how memory chips are used, but who buys them. OpenAI and Anthropic are expected to begin purchasing memory directly from manufacturers in 2027 as leading AI developers take greater control over the chips and data centers that power their models, according to an industry report. The shift could create a new class of direct customers for Samsung Electronics and SK hynix, which have traditionally supplie
Washington's silence leaves Seoul fretting over first U.S. investment pick
DMZ blast probe slows due to mine-like objects
