-
-
-
Brunson urges fortified supply chain to sustain Korea-U.S. military edge
SEOUL, October 21 (AJP) -U.S. Forces Korea Commander Gen. Xavier Brunson called Wednesday for a “fortified allied supply chain” combining American military capabilities with South Korean manufacturing strength to preserve the alliance’s regional advantage amid mounting security threats.
-
Korea's producer inflation cools as chip prices retreat
SEOUL, Oct. 21 (AJP) — South Korea’s producer inflation plateaued in September as weaker chip prices and a stronger won offset holiday food demand and higher utility charges. The producer price index rose 0.2 percent from August to 129.78, according to the Bank of Korea (BOK), while the annual increase slowed to 7.7 percent from 7.9 percent.
-
-
Global bio leaders rally around AI in Seoul
SEOUL, October 21 (AJP) - Health officials, drugmakers and AI developers converged on Seoul on Wednesday to map how artificial intelligence could reshape biomedical science, from drug discovery to pandemic defense.
-
Korean retail outlook splits as convenience stores take hit
SEOUL, October 21 (AJP) - South Korea's retail outlook diverged sharply heading into the fourth quarter, with department stores and large supermarkets remaining optimistic while convenience stores and neighborhood supermarkets turned markedly weaker, a business survey showed Wednesday.
Korea and Taiwan reap chip bounty, but currencies split the harvest
SEOUL, October 21 (AJP) — Chip powerhouses South Korea and Taiwan have been enjoying a bumper harvest, but their stock and currency markets have shared unevenly in the bounty in the second half. Samsung Electronics and SK hynix, which powered a stock-buying frenzy that nearly doubled the KOSPI earlier this year, have surrendered much of their gains. The Korean benchmark’s remaining advance is now roughly half Taiwan’s 60-percent surge. In the currency market, however, Korea h
by Kim Yeon-jae
In Mongolia, school can mean leaving home at six: UNICEF representative
SEOUL, October 20 (AJP) - Few children like going to school, but for a six-year-old girl in rural Mongolia the reason can be more straightforward as going to one costs her time with her family for much of the year. For rural herders, sending children to school often means sending them away. More than 36,000 children in Mongolia live apart from their families for up to nine months of the school year, according to UNICEF. "The price they are paying for good education is a very high pric
Korea's rice farmers struggle to keep a staple—and a livelihood—alive
SEOUL, October 20 (AJP) - Rice farming is a labor as old as Korea’s 5,000-year history, its harvest a staple of daily meals and an essential ingredient in the country’s cuisine. Yet the farmers sustaining that legacy face a difficult squeeze: aging hands, costly machinery and a changing appetite for the grain they grow. In Icheon, a city in Gyeonggi Province famed for its premium rice, autumn brings both the harvest and a festival celebrating it. Beyond the festival grounds, the wo
Lee Soo-man puts a new label on a familiar K-pop playbook
SEOUL, October 20 (AJP) - Lee Soo-man, the septuagenarian pioneer of K-pop, did not retire from the idol business when he sold his stake in SM Entertainment in 2023. Three years after leaving the company he founded, he is back with two new groups, a familiar production formula and a fresh pitch for taking it global. The market has given him an early hearing. A2O LITE, a nine-member girl group introduced alongside the 15-member boy group A2O SOUL, topped Melon’s Top 100 chart with its de
Korea's mid-October exports double at fresh high
Korean retailers lose nearly $5B on single-stock ETPs even before rout
