Uniqlo's flagship outlet to return to Seoul's shopping district of Myeong-dong SEOUL, May 19 (AJP) - Japanese fast-fashion brand Uniqlo is returning to Seoul's major shopping district of Myeong-dong later this week. The reopening of its Myeong-dong outlet, slated for Friday, comes after most of its stores gradually exited the market about five years ago except for a few key locations, due to South Koreans' boycott of Japanese products over historical spats between the neighboring countries, compounded by declining sales during the coronavirus pan May 19, 2026

S. Korea launches cyber breach probe panel ahead of law SEOUL, May 19 (AJP) - South Korea's Ministry of Science and ICT launched a statutory committee empowered to investigate major cyberattacks, moving to shore up the country's defenses against an escalating wave of digital intrusions. The cyber breach investigation committee held its inaugural meeting on Tuesday, marking the formal stand-up of a body created under a revised Information and Communications Network Act passed in response to a string of high-profile breaches last y May 19, 2026

South Korea launches AI humanoid project as Asia's bipedal race intensifies SEOUL, May 19 (AJP) - South Korea has launched a five-year, state-led drive to develop a homegrown artificial intelligence (AI)-powered humanoid platform, joining a broader Asian race to commercialize bipedal robots, even as the country's largest factories teeter on the brink of a paralyzing strike. The Ministry of Science and ICT held a meeting at the Korea Institute of Science and Technology (KIST) in Seoul on Monday, the starting point for what officials describe as a May 19, 2026

US suspends joint defense body with Canada as security tensions grow SEOUL, May 19 (AJP) - The U.S. has suspended a key defense cooperation body with Canada as tensions with Ottawa widen into security ties. U.S. Under Secretary of Defense for Policy Elbridge Colby said Monday that Washington would suspend activities of the Permanent Joint Board on Defense, or PJBD, a bilateral body responsible for coordinating military cooperation and defense policy between the United States and Canada, according to The Hill. The PJBD, which includes military offi May 19, 2026

Samsung Live: Industry Minister urges 'dramatic settlement' on final day of Samsung talks SEOUL, May 19 (AJP) - As Samsung Electronics and its union entered the crucial final hours of government-mediated talks on Tuesday, South Korea's Industry Minister Kim Jung-kwan made an urgent public plea for a resolution to avert a massive strike. Speaking at a parliamentary committee meeting, Kim expressed a "desperate need" to prevent the 18-day walkout scheduled to begin Thursday. "If we cannot resolve this when everyone knows the negative impacts of a strik May 19, 2026

Hyundai Mobis hosts Silicon Valley robotics forum with record turnout SEOUL, May 19 (AJP) - Hyundai Mobis held its fifth annual Mobis Mobility Day in Sunnyvale, California, drawing a record crowd of about 400 attendees as the South Korean auto parts maker pushes into robotics and physical AI amid a broader shift away from its traditional mobility focus. The event, held Monday local time, drew more than double the turnout of the previous year, reflecting mounting interest from local startups, automakers, and investors in the company's expanding tec May 19, 2026

US approves $4 billion arms sales to South Korea SEOUL, May 19 (AJP) - The U.S. State Department has approved potential arms sales to South Korea worth over $4 billion, including upgrade programs for Apache attack helicopters. The department’s Bureau of Political-Military Affairs said Monday that it approved a possible Foreign Military Sale requested by the South Korean government for 24 MH-60R helicopters, along with related weapons and equipment. The estimated cost of the helicopter package is $3 billion. The State D May 19, 2026

Samsung Live: Another last-ditch round of talks underway as strike deadline looms SEOUL, May 19 (AJP) - Samsung Electronics and its largest labor union returned to the negotiating table on Tuesday for a second day of government-mediated talks, with a planned full-scale strike just two days away. Negotiators from both sides are working to reach a deal over disputes involving wages and performance bonuses following massive profits fueled by an unprecedented artificial intelligence (AI)-driven semiconductor supercycle. According to Samsung insiders, the closed- May 19, 2026

Automakers under pressure to hike prices amid spiraling manufacturing costs SEOUL, May 19 (AJP) - Rising prices for car parts and other key materials, including batteries and semiconductors, coupled with the weak won, are adding to pressure on automakers to raise vehicle prices. With price hikes expected to accelerate in the second half of this year, concerns are also growing that demand could weaken if South Korea's temporary tax breaks for car buyers expire at the end of the year. According to industry insiders on Tuesday, prices for key materials and May 19, 2026

AJP Eye: Samsung strike crisis lays bare Korea's dependence on one company SEOUL, May 18 (AJP) -A rare coalition of voices — the government, opposition politicians and even the central bank — has united this week to try to head off a walkout at the world's largest memory chipmaker, underscoring the outsized weight of Samsung Electronics - responsible for roughly one-fifth of South Korea's exports and the benchmark KOSPI index. What began as a labor dispute over bonuses has rapidly become a national economic and political flashpoint, e May 18, 2026