LG CNS, Naver Cloud to cool Korea's biggest AI factory SEOUL, August 26 (AJP) - LG CNS announced Wednesday that it will build next-generation liquid-cooling infrastructure with Naver Cloud at its Samsong data center, moving to capture an early lead in the fast-emerging market for AI-ready computing facilities. The rollout comes as generative AI drives surging power draw and heat from high-performance graphics processing units, straining the conventional air-cooling systems that have long kept server rooms in check. To answer that, LG CNS will d August 26, 2026

LG pushes gaming monitors to 1,000Hz without sacrificing FHD resolution SEOUL, August 26 (AJP) - LG Electronics on Wednesday launched a gaming monitor capable of running at a 1,000Hz refresh rate while maintaining full-HD resolution, pushing display speeds further as competition intensifies in the premium gaming hardware market. The 25-inch UltraGear 25G590B is the world's first commercially available gaming monitor to natively support a 1,000Hz refresh rate at FHD resolution, according to LG. The company said the claim is based on gaming monitors available in August 26, 2026

Won retreats as long-end Korean bonds rally ahead of BOK SEOUL, August 25 (AJP) - The Korean won weakened Tuesday after seven straight gains, and long-dated government bonds rallied ahead of a policy decision by the Bank of Korea (BOK). The won closed daytime trading at 1,386.1 per dollar, weakening 3.7 won from Monday's 1,382.4. It was the currency's first decline in eight sessions. The won briefly strengthened below 1,380 early in the session before reversing. The dollar firmed, and foreign investors continued to sell Korean shares. The August 25, 2026

KOSPI rebounds as chip giants recover, institutions step in SEOUL, August 25 (AJP) - South Korean stocks staged a sharp rebound Tuesday as chip heavyweights recovered and institutional buying offset heavy foreign selling. The benchmark KOSPI closed at 6,742.74, up 0.68 percent or 45.78 points from the previous session. The index opened 2.40 percent lower at 6,535.93 and fell as low as 6,408.82 before reversing course. It climbed to an intraday high of 6,747.16 and finished near the day's peak. The rebound was broad, with 647 stocks advancing while August 25, 2026

S. Korea to launch national humanoid robot challenge SEOUL, August 25 (AJP) - South Korea will select a flagship humanoid robot platform through a national competition as it seeks a foothold in a field increasingly seen as AI's next frontier, the science ministry said. The Ministry of Science and ICT unveiled Tuesday the "Next-X Humanoid Challenge" at a meeting held to gather feedback on its AI humanoid roadmap at the Korea Institute of Science and Technology in Seoul. Domestic robots will compete through a public call and evaluati August 25, 2026

LG H&H shares up on Avon exit SEOUL, August 25 (AJP) — Shares of LG Household & Health Care (LG H&H) rose Tuesday as investors approved of its decision to shed loss-making Avon North America and concentrate resources on faster-growing K-beauty brands. LG H&H shares were up 1.4 percent at 320,500 won ($232) as of 2 p.m., outperforming a declining KOSPI. The exit is expected to improve North American earnings by removing an unprofitable operation and freeing marketing and investment resources for brands wit August 25, 2026

KOSPI extends losses on deepening chip selloff SEOUL, August 25 (AJP) - South Korean stocks fell more than 3 percent Tuesday morning as foreign investors took their cue from an overnight rout in U.S. chip stocks to dump Samsung Electronics and SK hynix. The benchmark KOSPI opened at 6,539.37, down 2.35 percent from Monday's close, and extended its decline to 6,490.65, down 3.08 percent, as of 10:22 a.m. The junior KOSDAQ fell 2.9 percent to 789.48. Selling was broad, with 247 stocks advancing and 610 declining, while 41 were unchanged. August 25, 2026

BOK allocates 20 billion won for flood-hit Gyeongnam SMEs SEOUL, August 25 (AJP) - The Bank of Korea on Tuesday allocated 20 billion won ($14.5 million) in emergency funding to support small and medium-sized businesses hit by torrential rain in South Gyeongsang Province. The funds will be drawn from reserves under the central bank's Bank Intermediated Lending Support Facility and assigned to its Gyeongnam branch, the BOK said. Eligible businesses must have received official certification of flood damage from a local government or administrative o August 25, 2026

Samsung buyback disappointment pushes KOSPI down 3.1% SEOUL, August 24 (AJP) - South Korea's benchmark KOSPI plunged 3.1 percent Monday as Samsung Electronics' record shareholder-return plan disappointed investors, triggering heavy selling in large-cap technology stocks even as the broader KOSDAQ market rose. The KOSPI shed 215.99 points to 6,696.96. Foreign investors sold a net 3.68 trillion won ($2.66 billion) and institutions sold 1.29 trillion won ($936 million), while individuals bought 3.32 trillion won ($2.40 billion). Samsung Ele August 24, 2026

Won hits 11-month high, Korean bonds rally as stocks tumble SEOUL, August 24 (AJP) - The South Korean won strengthened to an 11-month high against the dollar on Monday. Government bonds also rallied as stocks tumbled and foreign investors bought bond futures. The won strengthened 4.1 won from the previous session to close daytime trading at 1,382.4 per dollar, compared with Friday's 1,386.5. The currency briefly strengthened to 1,376.5 during the session and extended its advance for a seventh straight trading day, the longest such streak since Dece August 24, 2026