AJP Watch
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Uzbekistan formalizes Termez Dialogue to anchor South Asian trade integration
SEOUL, June 01 (AJP) - Uzbekistan is establishing the Termez Dialogue as a permanent interregional forum to anchor its expanding economic integration with South Asian consumer markets. The institutionalization marks a structural shift in Eurasian supply chains, transforming neighboring Afghanistan from a source of geopolitical instability into a primary commercial transit bridge. The policy evolution moves the region away from isolated cross-border trade toward a comprehensive model of economic
June 1, 2026
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Samsung's shipment of HBM4E samples seen as strategic move ahead of Jensen Huang's Seoul visit
SEOUL, June 1 (AJP) - Samsung Electronics' shipment last week of next-generation High Bandwidth Memory 4E (HBM4E) samples is widely seen as a strategic overture to Nvidia, just ahead of chief executive Jensen Huang's visit to South Korea, multiple experts said. In a timed move, Samsung announced last Friday that it has begun shipping the industry's first 12-layer HBM4E samples to global customers. The rollout comes just days before Huang's upcoming visit to Seoul, following his
June 1, 2026
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AI wealth gap reaches city halls as Korea's chip hubs reap tax windfall
SEOUL, May 29 (AJP) - South Korea's artificial intelligence boom is creating winners far beyond the stock market, with cities hosting semiconductor plants emerging as some of the biggest beneficiaries of a tax windfall fueled by record earnings at Samsung Electronics and SK hynix. The central government is expected to collect tens of trillions of won in additional tax revenue this year as the AI-driven semiconductor boom boosts corporate profits and equity valuations. At the local level, th
May 29, 2026
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The wildcard in Team Taegeuk Warriors
SEOUL, May 29 (AJP) - When Hong Myung-bo named his squad for the 2026 FIFA World Cup last month, most of the coverage landed in the same place: Son Heung-min, captain, icon, almost certainly making his fourth and final appearance at the tournament. The farewell tour angle wrote itself. But scroll past the familiar names — Son, Lee Kang-in, Kim Min-jae, Hwang Hee-chan — and one entry reads differently. Bae Jun-ho, 22, Stoke City, attacker. Not a household name. Not yet a guarantee
May 29, 2026
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The world is getting thinner on a needle, and Korea wants in
SEOUL, May 29 (AJP) - South Korean companies have a knack for catching up — and then overtaking. Their latest target is a class of drugs first designed to manage blood sugar that has since become the most coveted weight-loss tool on the planet, reshaping pharmacy shelves, celebrity bodies, and the business model of personal trainers everywhere. The drugs, known as GLP-1 receptor agonists, mimic a gut hormone that curbs appetite and slows digestion. Marketed by Denmark's Novo Nordisk
May 29, 2026
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Retail money floods leveraged chip ETFs as Korea's chip rally finds new outlet
SEOUL, May 28 (AJP) - South Korea's red-hot semiconductor rally spilled into the exchange-traded fund market Wednesday, as the country's first single-stock leveraged ETFs tied to Samsung Electronics and SK hynix drew explosive trading on their debut, giving retail investors a leveraged route into an already crowded chip trade. Sixteen leveraged and inverse ETFs linked to Samsung Electronics and SK hynix were listed simultaneously, generating a combined trading value of about 10.4 trilli
May 28, 2026
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K-zombies are fast, vivid — and in "Colony," finally thinking
SEOUL, May 27 (AJP) - Summer heat in Korea brings horror season, and this year's bar-raiser is "Colony," Yeon Sang-ho's latest zombie thriller, which drew more than 2.1 million admissions in its first six days. The film claimed 39.9 percent of advance reservations across 1,858 screens nationwide, prompting inevitable comparisons to Yeon's 2016 breakout "Train to Busan," which sold 11.5 million tickets and pushed Korean zombie cinema onto the global stage. Yeon,
May 27, 2026
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AJP Watch: Liquidation frequency flags deep retail loss in Korea's stock craze
SEOUL, May 27 (AJP) - KOSPI is on fire, surging more than 93 percent so far this year. But the bonanza has hardly been evenly shared. On Wednesday, decliners overwhelmed gainers 826 to 75 even as the benchmark index closed near a record 8,330, underscoring how narrowly concentrated the world's best-performing rally has become. The imbalance also helps explain why South Korean retail investors were forced to dump borrowed stocks on one out of every six trading days over the past six months,
May 27, 2026
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BTS opens comeback awards year with three-trophy sweep at 2026 AMAs
SEOUL, May 26 (AJP) - BTS launched their comeback awards run in style on Monday, claiming three trophies at the 2026 American Music Awards in Las Vegas — including a second Artist of the Year win — in their first major awards showing since returning from a nearly four-year hiatus. The haul arrived less than a year after all seven members completed South Korea's mandatory military service, an obligation that effectively suspended full-group activity for roughly two years. Monday&
May 26, 2026
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AJP Watch: Union divide and distrust deepen ahead of Samsung Elec vote
SEOUL, May 26 (AJP) - The AI windfall powering record earnings and soaring stock prices is increasingly turning into a curse in disguise for Samsung Electronics, as wage negotiations meant to share the rewards of the semiconductor boom instead expose widening internal disparities and threaten the company’s long-cultivated “One Samsung” ethos. Just days before a crucial ratification vote on the tentative wage agreement, divisions between labor groups escalated into open legal c
May 26, 2026