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Frontline units told to assume border farther south to avoid clashes SEOUL, December 22 (AJP) - The South Korean military has internally instructed frontline units to consider the more southerly boundary when the Military Demarcation Line (MDL) along the inter-Korean border overlaps or is unclear, to avoid accidental clashes with North Korea. During a regular press briefing at the Ministry of Defense, Joint Chiefs of Staff spokesperson Lee Sung-joon said the military prioritizes MDL markers set up in the Demilitarized Zone (DMZ) and conducts comprehensive assessments in areas where such markers are unavailable, in response to North Korean incursions across the MDL, whether accidental or intentional. South Korea has responded to such violations by firing warning shots. The MDL is the ceasefire line drawn by the armistice signed on July 27, 1953. Of the roughly 1,292 markers installed at that time, only about 200 remain in place. Over time, South Korea marked the MDL on its military maps based on these markers. The UN Command also produced its own maps, resulting in differences that can reach tens of meters in some areas. North Korea has continued to violate the MDL since April last year, after beginning large-scale work near the DMZ, including mine removal and land development. North Korean soldiers have crossed the MDL 16 times since March, with 10 of those cases occurring last month. 2025-12-22 14:46:15 -
Korean Air, Asiana face fines for breaching merger conditions on seat supply SEOUL, December 22 (AJP) - South Korea’s antitrust regulator said on Monday it will impose penalties totaling 6.5 billion won ($5 million) on Korean Air and Asiana Airlines for violating merger-approval conditions that restrict sharp reductions in seat supply. The Fair Trade Commission (FTC) said it will fine Korean Air 5.88 billion won and Asiana 580 million won for breaching a corrective order that bars the airlines from cutting annual seat supply to below 90 percent of 2019 levels during the same period. The penalty is a monetary sanction imposed when companies fail to comply with corrective measures attached to a merger approval, the commission said. Korean Air and Asiana filed their merger notification in November 2020, with final approval granted on Dec. 24 last year. As part of the approval, the FTC enforced service requirements include limits on reductions in seat supply, caps on average fare increases, and the maintenance of seat pitch and free baggage allowances. According to the FTC, between Dec. 12, 2024, and March 28, 2025, the two airlines supplied 82,534 seats on the Incheon–Frankfurt route, equivalent to 69.5 percent of the 118,728 seats offered during the same period in 2019. This fell 20.5 percentage points short of the required threshold. The commission said the penalties are intended to raise compliance awareness and prompt tighter management of seat supply to prevent repeat violations. 2025-12-22 14:40:53 -
South Korea's strategic oil reserves hit 100 million barrels SEOUL, December 22 (AJP) - South Korea's strategic oil reserves have surpassed 100 million barrels for the first time, the government said on Monday. The Ministry of Trade, Industry and Energy said the final oil tanker carrying this year’s stockpiled crude arrived at the Korea National Oil Corp.’s storage base in Geoje, bringing state-held reserves to 100 million barrels. Privately held oil stockpiles stood at about 95 million barrels as of October. Combined public and private reserves are sufficient to cover more than 210 days of net daily imports, exceeding the standard set by the International Energy Agency (IEA), the ministry said. South Korea began building strategic oil reserves in 1980 after the first and second global oil shocks highlighted the risks of supply disruptions. Since then, reserves have been expanded systematically, the ministry said. As a result, South Korea now holds the fourth-largest oil stockpiles among IEA member countries, providing a strong buffer against global energy supply shocks. 2025-12-22 14:22:06 -
PHOTOS: Coal briquettes become symbol of solidarity SANGJU, December 22 (AJP) - During South Korea’s rapid industrialization, the yeontan — a cylindrical coal briquette — was the lifeblood of the working class, fueling the stoves that saw families through the harsh winters. While the nation has since transformed into a high-tech powerhouse, these "black diamonds" remain a critical, albeit fading, lifeline for the vulnerable. Though most of the country transitioned to oil boilers in the 1980s and eventually to widespread gas, the briquette has not disappeared. Its affordability makes it the primary heating source for low-income households living in older, marginalized neighborhoods. However, the low price of the coal itself belies the difficulty of its delivery. Each briquette weighs roughly 3.5 kilogram, and because many recipients live in steep, narrow alleyways inaccessible by truck, transportation costs can be prohibitive. This logistical gap has given rise to a unique culture of "Yeontan Volunteering." Central to this effort is the Yeontan Bank, a welfare organization that bridges the gap between donors and those in need. The bank manages monetary donations to purchase the fuel and coordinates legions of volunteers to deliver them by hand. The work is grueling and messy. Volunteers must prepare for a "battle" with anthracite dust, which stains everything it touches. Dressed in black clothing and shrouded in plastic raincoats, masks, and gloves, these "human chains" pass the heavy briquettes one by one up steep hills — ensuring that for the city’s most marginalized, the winter remains bearable. 2025-12-22 14:09:12 -
Seoul says it held nuclear talks with Russia despite Moscow's denial SEOUL, December 22 (AJP) - South Korea reportedly held talks with Russia to discuss multiple issues including North Korea's nuclear weapons program. According to diplomatic sources, a South Korean Foreign Ministry official handling North Korea-related issues traveled to Moscow and met with Oleg Burmistrov, the Russian Foreign Ministry's special envoy for North Korea's nuclear issues. Apart from a foreign ministers' meeting in September this year, this was the first gathering of nuclear officials since bilateral relations worsened after North Korea's troop deployment to Russia in October last year, drawing attention for possible changes. Observers believe South Korea urged Russia to play a "constructive role" in promoting peace on the Korean Peninsula. During the meeting, Seoul likely raised concerns about military cooperation between Pyongyang and Moscow, which violates UN Security Council resolutions, and also discussed efforts to bring an end to the ongoing war in Ukraine. Russia, however, denied the meeting, calling it an attempt to sow distrust between Moscow and Pyongyang, apparently mindful of North Korea. According to the Kremlin's state-run news agency TASS, Russian Foreign Ministry spokeswoman Maria Zakharova said in the statement, "The opponents of our cooperation with North Korea do not abandon their futile attempts to drive a wedge into the Russian-Korean comprehensive strategic partnership and sow distrust between the allied countries and the peoples of Russia and North Korea." She added, "Russia does not hold any consultations with the South Korean side, does not discuss with it any topics affecting bilateral relations between Pyongyang and Seoul, much less the 'North Korean nuclear problem' because there is no 'North Korean nuclear problem' for Russia.'" 2025-12-22 13:41:31 -
Korean sets record 20-day exports Dec, chips make up a third of total exports SEOUL, December 22 (AJP) -South Korea posted a record for first 20-day monthly exports in December, driven by a 42-percent jump in chip shipments that now account for nearly a third of total exports, customs-cleared preliminary data showed Monday. According to the Korea Customs Service, exports for Dec. 1–20 climbed 6.8 percent from a year earlier to US$43.03 billion, marking a fresh record for the first 20-day period. Average daily exports, adjusted for working days, rose 3.6 percent to US$2.61 billion. At a daily average of about US$2.6 billion for the full year, annual exports are on track to set a new milestone of US$700 billion. Semiconductors led the gains, jumping 41.8 percent. Chips accounted for 27.1 percent of total exports, up 6.7 percentage points from a year earlier. Semiconductor exports have risen for nine consecutive months through November, supported by strong demand for high-value memory used in artificial intelligence data centers and by higher memory prices. Computer peripherals surged 49.1 percent, while wireless communications equipment rose 17.8 percent. Passenger car and ship exports fell 12.7 percent and 21.7 percent, respectively. Shipments to the United States slipped 1.7 percent, weighed down by higher tariffs. Exports increased to China by 6.5 percent, Vietnam by 20.4 percent and Taiwan by 9.6 percent. Imports totaled US$39.21 billion, up 0.7 percent from a year earlier. By item, imports of semiconductors rose 11.8 percent, machinery 3.5 percent and precision instruments 12.5 percent, while crude oil fell 3.2 percent and gas declined 15.0 percent. By source, imports from China rose 3.9 percent, the United States 14.7 percent and Taiwan 12.8 percent, while those from the European Union fell 3.8 percent and Japan 2.3 percent. The trade surplus so far in December stood at US$3.8 billion. 2025-12-22 13:34:18 -
Santa rally reaches Asia, led by chip stocks SEOUL, December 22 (AJP) - Asian markets opened the week on signs of a “Santa Claus rally,” as a key overhang — Japan’s long-anticipated rate hike — was cleared last week, reviving risk appetite across the region. Chip stocks led the advance after strong earnings from Micron Technology and fresh optimism around high-bandwidth memory (HBM), reinforcing the global AI-driven semiconductor rally. In Seoul, the benchmark KOSPI was up 1.97 percent at 4,099 as of 10 a.m., raising hopes the index could close above the psychologically important 4,100 mark for the first time in ten days. Institutional investors spearheaded the rally with net purchases of 776.4 billion won ($525 million), supported by foreign inflows of 344.0 billion won. Retail investors appeared to be locking in gains after recent volatility, net selling 1.1 trillion won. The Korean won strengthened modestly to 1,477 per dollar, up 4 won from the previous close. Market participants attributed the move to year-end currency hedging by the National Pension Service and institutional investors seeking to lock in exchange rates ahead of the Dec. 30 market close. Blue chips traded broadly higher. Samsung Electronics gained 3 percent to 110,000 won after reports that its HBM4 samples received top-tier evaluations in quality tests for Nvidia. Rival SK hynix, the market leader in HBM, surged 4.75 percent to 575,000 won, emerging as a primary beneficiary of the improving AI memory outlook alongside Micron’s upbeat results. Korea Zinc, the world’s leading non-ferrous metal smelter and a focal point of ongoing corporate governance disputes, rose 5.4 percent to 1,380,000 won. Uncertainty surrounding its U.S. refinery investment eased after the South Korean government expressed a favorable stance, while Chairman Choi Yoon-bum and the Young Poong–MBK alliance reaffirmed their commitment to the project. Doosan Enerbility, seen as a bellwether for nuclear power and small modular reactors (SMRs), rose 2.2 percent to 79,000 won, defying lingering caution over a potential AI-sector bubble. In Tokyo, the Nikkei 225 jumped 2.1 percent to 50,557, as the removal of Bank of Japan-related uncertainty combined with Micron-led tech optimism to trigger broad-based buying. Semiconductor equipment makers led the gains. Tokyo Electron surged 6.3 percent to 33,160 yen ($210.7), while Advantest rose 3.5 percent, DISCO gained 4.8 percent, and Ibiden climbed 5.2 percent. Financial and holding companies also found favor, with SoftBank Group Corp. jumping 6.4 percent to 18,210 yen, buoyed by the BOJ’s rate move and easing AI-bubble concerns in New York. Mitsubishi UFJ Financial Group advanced 2.3 percent. Taiwan’s TAIEX rose 1.4 percent to 28,084, anchored by a 2.1 percent gain in TSMC, which traded at 1,460 Taiwan dollars ($46.33). MediaTek slipped 0.7 percent, while Foxconn edged up 0.7 percent. Mainland China showed a tech-led divergence. The Shenzhen Component Index rose 1.1 percent to 13,285, outperforming the more domestically focused Shanghai Composite’s 0.5 percent gain and the Hang Seng Index’s 0.3 percent rise. 2025-12-22 11:51:42 -
Lee praises badminton star An Se-young's historic win SEOUL, December 22 (AJP) - President Lee Jae Myung praised South Korean players for their achievements at the BWF World Tour Finals, which wrapped up over the weekend. Shortly after badminton ace An Se-young's victory late Sunday night, Lee wrote on Facebook that the national anthem was played three times in Hangzhou, China, saying he was "very proud" of her and other players and calling 2025 "the year of South Korean badminton." The world No. 1 in women's singles became the first female badminton player to achieve 11 wins in a single season, tying the 2019 record set by former Japanese player Kento Momota. With 73 victories out of 77 matches, she earned a total of US$1,003,175 (about 1.49 billion won), surpassing $1 million for the first time. Meanwhile, in men's doubles, Seo Seung-jae and Kim Won-ho also claimed victory, achieving 11 wins in a single season, setting a new record and becoming the first South Korean men's doubles pair to achieve the feat in 37 years. Lee lauded Seo's winning tally, which rises to 12 when including the Thailand Masters earlier this year, calling it the most individual titles won in a single season in world badminton history. In women's doubles, Lee So-hee and Baek Ha-na beat Japan to win their second straight title at the tournament. 2025-12-22 11:08:13 -
Hyosung Heavy wins European power equipment orders worth $170 million SEOUL, December 22 (AJP) - South Korea's Hyosung Heavy Industries has secured a series of new orders for extra-high-voltage power equipment across Europe. The company said on Monday it won contracts worth more than 230 billion won ($170 million) this month in key European markets including the United Kingdom, Sweden and Spain, citing rising investment in power grids as countries accelerate energy transitions. In the United Kingdom, Hyosung Heavy Industries recently signed a supply contract worth about 120 billion won with Scottish Power Energy Networks, Scotland’s electricity distribution network operator, to provide extra-high-voltage transformers. The equipment will be used in a major wind power-related project aligned with the country's Net Zero policy, the company said in a press release. The company is also expanding its footprint elsewhere in Europe. It said it secured an order worth about 50 billion won this month from a major Swedish power distribution company for extra-high-voltage transformers, and separately won a contract in Norway. In Spain, Hyosung Heavy Industries also signed supply contracts worth about 60 billion won with leading power and energy companies to deliver transformers and reactors. The Spanish contracts mark the company’s first entry into southern Europe, it said. Hyosung Heavy Industries noted that Europe’s extra-high-voltage transformer market is dominated by established global players, making market entry challenging without advanced technology. The company said it strengthened its technical credentials this year by passing a short-circuit test for extra-high-voltage transformers conducted by France’s electricity transmission system operator. 2025-12-22 10:54:06 -
South Korea's NCSoft pivots to casual games with two acquisitions SEOUL, December 22 (AJP) - South Korean game developer NCSoft said on Monday it is stepping up its push into the global mobile casual game market, announcing two acquisitions to seek new growth beyond its traditional focus on massively multiplayer online role-playing games. NCSoft, led by co-chief executive officers Kim Taek-jin and Park Byung-moo, said it will acquire global mobile casual game developer Lihuhu Games and South Korean studio Springcomes as part of a portfolio diversification strategy. The company said it will purchase a 67 percent stake in Indigo Group, a Singapore-based firm that owns Lihuhu Games, for about 153.4 billion won ($103.9 million), making NCSoft the largest shareholder. Lihuhu Games, headquartered in Vietnam, has released about 100 titles across genres including match-3D, number-based and “hole” puzzle games. More than 80 percent of its revenue comes from North America and Europe, NCSoft said. The developer projects revenue of about 120 billion won and operating profit of around 30 billion won this year. Springcomes focuses on the merge-game genre and is known for its rapid development cycle, typically launching four to five new titles a year. The studio expects its revenue this year to more than double from a year earlier to about 28 billion won, NCSoft said. To integrate its expanded casual-game portfolio, NCSoft has established the Mobile Casual Center. The company said it appointed Arnel Cheman to lead the unit and recruited additional data and user-acquisition specialists, including Anthony Pascal. NCSoft also said it has secured a software license from European analytics firm Codebase to build a data analytics and live-operations platform. Park said the acquisition of Lihuhu Games was significant in that it established a foundation for “visible growth” in the global mobile casual market. He added that NCSoft plans to strengthen its international competitiveness through further acquisitions of European studios and an expanded publishing business. The company said it plans to announce a more comprehensive business strategy related to its mobile casual push early next year. 2025-12-22 10:19:24