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' May 29, 2026

US House bill broadens guardrails against USFK troop cuts amid China rivalry SEOUL, May 29 (AJP) - A new U.S. House defense bill seeks to strengthen congressional guardrails against any reduction of American troops in South Korea, at a time when the role of U.S. Forces Korea is increasingly being discussed in the broader context of Washington’s Indo-Pacific strategy and rivalry with China. The chairman’s mark of the fiscal 2027 National Defense Authorization Act, or NDAA, would amend a provision in the fiscal 2026 defense law that restricts the u May 29, 2026

New York–inspired fashion brand opens flagship store in Seoul's Yeonnam-dong SEOUL, May 29 (AJP) - Contemporary designer brand CARLYN held the grand opening of its new flagship store in Seoul's trendy neighborhood of Yeonnam-dong on Friday. Known for its New York–inspired modern aesthetic, CARLYN has built a following among young consumers in South Korea and across Asia for its handbags and accessories. The new four-story store features an exterior inspired by the brand's signature quilting design, with spaces divided i May 29, 2026

South Korean researchers develop virtual simulator for AI servers SEOUL, May 29 (AJP) - Researchers at the Korea Advanced Institute of Science and Technology in South Korea have developed a virtual platform to test the performance of large artificial intelligence server setups without building physical systems, the prominent research institute said Friday. Created by a team led by Professor Park Jong-se at the Korea Advanced Institute of Science and Technology (KAIST) School of Computing, the software is called LLMServingSim 2.0. It models the May 29, 2026

Nike teams up with BTS for customization, tour merchandise collection SEOUL, May 29 (AJP) - Nike has partnered with K-pop legend BTS to launch a Nike By You customization experience and tour merchandise tied to the group's BTS WORLD TOUR "ARIRANG," Nike said Friday. The project combines customized Nike products with tour merchandise, giving BTS fans a way to personalize apparel and accessories connected to the group's upcoming world tour. The Nike By You experience features 10 custom graphics created specifically for BTS. The de May 29, 2026

Nexon's 'MapleStory' brings fantasy world to life in southern Seoul SEOUL, May 29 (AJP) - Game developer Nexon's iconic game "MapleStory" has taken over southern Seoul with giant monster installations and themed attractions as part of a large-scale event marking its 23rd anniversary. The monthlong event, in collaboration with the Lotte Group, runs until June 21 around Lotte World Tower and Seokchon Lake in Jamsil, bringing the world of the massively multiplayer online role-playing game (MMORPG) to life. At the May 29, 2026

Early voting begins nationwide for June 3 local elections SEOUL, May 29 (AJP) - Voters on Friday began casting ballots in early voting for the June 3 local elections at 3,571 polling stations across the country. Eligible voters may cast their ballots at any polling station nationwide from 6 a.m. to 6 p.m. on Friday and Saturday, regardless of their registered address. A valid photo ID, such as a resident registration card, passport or driver's license, is required to cast a ballot. The elections nex May 29, 2026

Korea's tax revenue brims from strong stock and corporate earnings SEOUL, May 29 (AJP) - South Korea’s national tax revenue expanded sharply during the first four months of this year on track for excess revenue of 25.2 trillion won ($17 billion) this year on blistering stock market rally and corporate earnings, the government said Friday. According to the Ministry of Economy and Finance on Friday, cumulative national tax revenue from January to April reached 164.1 trillion won ($109.7 billion), adding 21.9 trillion won from the same period May 29, 2026

Kookmin University selected to lead state-funded artificial intelligence material research hub SEOUL, May 29 (AJP) - A research team from South Korea's Kookmin University has been selected to lead a state-funded research hub focused on developing artificial intelligence-based materials for next-generation displays, the prominent University said Thursday. The initiative is part of the 2026 Nano and Material Development Project Material HUB, organized by the Ministry of Science and ICT (MSIT) and supported by the National Research Foundation of Korea (NRF). Under the dire May 29, 2026

NPS delivers 4.4% return Q1 to outperform others on 22% return from Korean equities SEOUL, May 29 (AJP) — South Korea's National Pension Service (NPS) posted a solid 4.42 percent return in the first quarter thanks to stellar performance of local shares despite the outbreak of the U.S.-Iran war. NPS, one of the world's largest institutional investors with assets under management swelling to 1,526 trillion won ($1.14 trillion), said Friday its assets increased by 68 trillion won from the end of last year, with domestic stocks returning 21.67 percent May 29, 2026