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  [BTS Comeback] Global tour draws presidential plea from Mexico SEOUL, January 27 (AJP) - BTS’s first global concert tour in nearly four years, following the completion of the Korean members’ mandatory military service, has reached the level of presidential diplomacy in Mexico. Mexican President Claudia Sheinbaum said she had personally appealed to South Korean President Lee Jae Myung to help secure additional BTS concert dates in Mexico, citing overwhelming demand from Mexican youth. Speaking at a regular press briefing on Jan. January 27, 2026
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  Customs watchdog seizes over 100,000 knockoffs of South Korean brands, mostly Chinese SEOUL, January 27 (AJP) - About 117,000 counterfeit items copying South Korean brands were seized last year, the Korea Customs Service said on Tuesday. The seizure came after the customs watchdog launched an intensive crackdown on knockoffs that capitalize on the global popularity of South Korean goods and products. These counterfeit goods were found in cargo and express parcels shipped through foreign online shopping platforms. By country of origin, China accounted for 97.7 p January 27, 2026
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  Seoul markets mostly unfazed by renewed Trumpian tariff threat SEOUL, January 27 (AJP) –Stocks were undisturbed in their growth momentum while the Korean won gave up earlier gains against the U.S. dollar as the Korean financial markets weighed the gravity of the overnight social-media threat by President Donald Trump to reinstate 25-percent tariffs on selected South Korean exports including automobiles. As of 10:23 a.m. Seoul, KOSPI rose 0.76ercent to 4.987.03 smaller KOSDAQ up 0.93 percent at 1,074.64. The won was mildly affected, wi January 27, 2026
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  Late ex-PM Lee Hae-chan's casket arrives from Viet Nam SEOUL, January 27 (AJP) - The body of former Prime Minister Lee Hae-chan, who died last Sunday during a visit to Viet Nam, was returned home on Tuesday. The senior vice chairperson of the Peaceful Unification Advisory Council (PUAC), a presidential consultative body, died of cardiac arrest at a hospital in Ho Chi Minh City. Lee's casket arrived at Incheon International Airport earlier in the day, where government officials and political figures including senior presidential a January 27, 2026
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  LG CNS' annual profit rises on AI and cloud demand SEOUL, January 27 (AJP) - South Korean IT services firm LG CNS reported an 8.4 percent rise in operating profit for 2025, powered by robust demand for artificial intelligence and cloud computing solutions. The company posted an operating profit of 555.8 billion won ($382.8 million) for the year, up from 512.7 billion won in 2024, according to a regulatory filing on Tuesday. Annual revenue edged up 2.5 percent to 6.13 trillion won, while net profit jumped 21.2 percent to 442.2 billio January 27, 2026
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  LS Cable & System secures Malaysia subsea power cable contract SEOUL, January 27 (AJP) - South Korea's LS Cable & System has won a turnkey contract worth about 60 billion won ($41 million) from Malaysia’s national utility, Tenaga Nasional Berhad (TNB), to build a subsea power transmission network. The project involves expanding a 132-kilovolt subsea power link between Malaysia’s mainland and Langkawi Island, a major tourist destination, to enhance the stability of electricity supply, the company said on Tuesday. LS January 27, 2026
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  SK Innovation E&S starts LNG production at Australia's Barossa offshore field SEOUL, January 27 (AJP) - South Korea's SK Innovation E&S said on Tuesday it has begun full-scale natural gas production at Australia’s Barossa gas field and successfully loaded its first liquefied natural gas (LNG) cargo. The company said gas produced at the offshore Barossa field was transported to the Darwin LNG terminal, where the inaugural LNG shipment was loaded. Barossa is located about 300 kilometers off Australia’s northwest coast. SK Innovation E January 27, 2026
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  Korean materials firm Posco Future M invests in US solid-state battery maker SEOUL, January 27 (AJP) - South Korean battery materials and chemicals company Posco Future M has invested in U.S. solid-state battery company Factorial, stepping up efforts to secure a foothold in next-generation battery technology. The company said Tuesday that it has signed an investment agreement with Factorial on Jan. 7 and completed payment on Monday. Posco Future M didn't disclose the terms of the investment. The move builds on a memorandum of understanding signed January 27, 2026
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  South Korea pushes bid for Canada's submarine project as economic ties deepen SEOUL, January 27 (AJP) - South Korea is stepping up efforts to win Canada’s next-generation submarine contract, leveraging a flurry of industrial cooperation deals and high-level diplomacy aimed at deepening the two countries’ strategic and economic ties. The Ministry of Trade, Industry and Resources said it hosted the South Korea–Canada Industrial Cooperation Forum on Monday at the Park Hyatt hotel in Toronto, bringing together business and government leaders fro January 27, 2026
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  South Korea convenes emergency meeting after Trump threatens tariff hike SEOUL, January 27 (AJP) - An emergency meeting was convened to discuss how to respond after U.S. President Donald Trump abruptly threatened to raise tariffs again, Cheong Wa Dae said on Tuesday. The meeting, chaired by presidential policy chief Kim Yong-beom along with key officials from relevant ministries, comes after Trump posted on his own social media platform Truth Social that he would raise reciprocal tariffs from 15 percent to 25 percent, citing delays in their implement January 27, 2026