South Korean shipowners warn against foreign sale of Hyundai LNG Shipping

SEOUL, November 26 (AJP) - South Korea’s shipping industry has raised alarms over the potential sale of Hyundai LNG Shipping, the country’s largest liquefied gas carrier operator, to a foreign buyer, warning the deal could undermine national energy security. The Korea Shipowners’ Association said Wednesday that IMM Private Equity and IMM Investment are in talks to sell the company to Indonesia’s Sinar Mas Group. Hyundai LNG Shipping operates 12 liquefied

November 26, 2025

Netmarble reports data breach after hack on PC gaming site

SEOUL, November 26 (AJP) - Netmarble announced on Wednesday that its PC gaming website was hacked last week, potentially exposing personal information belonging to customers and employees. The company said it detected the intrusion on Nov. 22 and “immediately took response measures,” including blocking unauthorized access and notifying authorities. An internal investigation is under way to determine the scale of the breach. According to Netmarble, the compromised

November 26, 2025

Prosecutors seek 15-year sentence for former PM in martial law case

SEOUL, November 26 (AJP) - Independent prosecutors on Wednesday sought a 15-year prison sentence for former Prime Minister Han Duck-soo over his involvement in disgraced former President Yoon Suk Yeol's martial law debacle late last year. During the final hearing of Han's trial at the Seoul Central District Court in southern Seoul, the request was made, making him the first among dozens of defendants facing charges related to Yoon's Dec. 3 declaration of martial law.

November 26, 2025

KT signs MOU with DigitalBridge to tap rising demand for AI infrastructure

SEOUL, November 26 (AJP) - KT said on Wednesday it has signed a memorandum of understanding with DigitalBridge, a U.S.-based digital infrastructure investment firm, to collaborate on the development and operation of AI data centers in South Korea. The agreement was signed on Nov. 25 at KT’s headquarters in Seoul. DigitalBridge, which manages about $108 billion in assets, specializes in data centers, fiber networks and cloud infrastructure. KT said the partnership aim

November 26, 2025

OPINION: New Uzbekistan and the Search for Global Social Justice

SEOUL, November 26 (AJP) - The Second World Summit for Social Development, held in Doha from November 4 to 6, brought the international community back to a question that has shaped global cooperation for thirty years: how to ensure that every person can live with dignity, opportunity, and security. The world has entered a period of inten

November 26, 2025

NPS can stall — but hardly a joker card in Korea's FX defense

SEOUL, November 26 (AJP) - Hedging maneuvers and central bank lifelines — South Korea's National Pension Service has several cards it can play to help authorities fend off pressure on the Korean won, but any relief is likely to be temporary, as the fund's core mission is safeguarding old-age coffers, not defending the currency. The NPS has been asked to join fiscal and monetary authorities in a joint response council as the won drifts toward the once-unthinkable 1,500

November 26, 2025

S-Oil foundation honors young scientists with 368 million won in research grants

SEOUL, November 26 (AJP) - S-Oil Science Prodigy and Culture Foundation on Wednesday presented awards to promising researchers in basic sciences, distributing a total of 368 million won (about $250,000) in research funding at its Seoul headquarters. The foundation, chaired by Hong Suk-woo, held the 15th Dissertation of the Year Awards and the 7th Next-generation Scientist Fellowship Awards ceremony at the company's Gongdeok-dong office. The Korean Academy of Science and Technolo

November 26, 2025

Agriculture Minister calls for strict measures after avian influenza cases detected

SEOUL, November 26 (AJP) - Agriculture Minister Song Mi-ryeong on Wednesday stressed the increased risk of avian influenza, urging enhanced safety measures such as restricting access to migratory bird habitats and thorough disinfection. Song's remarks came after a series of highly pathogenic avian influenza outbreaks were reported at farms in Hwaseong and Pyeongtaek, both located in Gyeonggi Province. During a visit to an egg storage facility in neighboring South Chungcheon

November 26, 2025

North Korea could expand nuclear stockpile to over 400 warheads by 2040, expert warns

SEOUL, November 26 (AJP) - North Korea is estimated to currently possess up to 150 nuclear warheads, with the potential to expand to over 400 by 2040 if its production capabilities increase, an expert said at a forum in Seoul on Wednesday. Lee Sang-kyu, a senior researcher at the Korea Institute for Defense Analyses (KIDA), pointed out that the ongoing expansion of nuclear plants and other facilities under the oversight of North Korean leader Kim Jong-un will significantly acceler

November 26, 2025

Naver expands healthcare portfolio with acquisition of cloud EMR firm Cenacle

SEOUL, November 26 (AJP) - Naver has acquired a controlling stake in cloud-based electronic medical records (EMR) company Cenacle as it accelerates its expansion into the digital healthcare sector. The acquisition price was not disclosed, and Naver said it ultimately aims for full ownership. Cenacle operates the cloud EMR platform “Orem Chart” and the patient health-management app “Clea,” serving clinics across internal medicine, pediatrics and other s

November 26, 2025