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Japanese PM says she hopes to visit South Korea again in reply to Lee
SEOUL, February 10 (AJP) - Japanese Prime Minister Sanae Takaichi thanked South Korean President Lee Jae Myung for his congratulatory message following her party's landslide victory in a snap election over the weekend. In a reply to Lee's message on X, formerly Twitter, late Monday night, Takaichi wrote, "I sincerely thank for his warm congratulations." She said Japan and South Korea as neighboring countries must cooperate as partners on various challenges
February 10, 2026
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Hanwha Aerospace, KAI to jointly develop long-range air-to-air missile
SEOUL, February 10 (AJP) - South Korean defense firms Hanwha Aerospace and Korea Aerospace Industries (KAI) said on Monday they will jointly develop a long-range air-to-air missile and cooperate on overseas marketing to expand exports of South Korean aircraft and air-launched weapons systems. Under a memorandum of understanding they signed a day earlier at the World Defense Show in Riyadh, Saudi Arabia, they will cooperate on integrating air-launched weapons into South Korea&rsq
February 10, 2026
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Black Eagles paint Riyadh sky with dazzling aerobatics in debut performance
SEOUL, February 10 (AJP) - South Korea's aerobatics team wowed spectators with impressive maneuvers at an air show in Saudi Arabia on Monday. It was the Black Eagles' first appearance at the show, which was part of the International Defense Industry Exhibition in the Middle Eastern country. After the Saudi Falcons’ performance, the Black Eagles took off with eight aircraft, forming star- and diamond-shaped patterns before moving into their other signature maneuvers,
February 10, 2026
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Korean firms post strong sales growth in North America despite US tariffs
SEOUL, February 10 (AJP) - Major South Korean companies recorded double-digit growth in North American sales last year despite higher U.S. tariffs, with technology and power equipment firms leading gains, according to corporate data released on Monday. North American revenue at 67 South Korean companies that separately disclose sales results in the region, along with 194 subsidiaries, reached 343.8 trillion won as of the third quarter of last year, up 14.1 percent from 301.2 t
February 10, 2026
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LG Display accelerates shift to OLED with sale of LCD business in Nanjing, China
SEOUL, February 10 (AJP) - LG Display said on Monday it will sell its automotive liquid crystal display (LCD) module business in Nanjing, China, as the company accelerates its transition toward higher-margin organic light-emitting diode (OLED) segment. In a regulatory filing, the company said it signed a contract to sell the business to the Nanjing unit of Toprun Total Solution for 491.5 million yuan ($68 million), with the transaction scheduled to close on July 30. LG Displa
February 10, 2026
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Hyosung Heavy wins $538 million power equipment deal in US
SEOUL, February 10 (AJP) - South Korea's Hyosung Heavy Industries said on Monday it had secured its largest order to date in the United States. The company signed a contract worth about 787 billion won ($538 million) with a major U.S. transmission grid operator to supply 765-kilovolt ultra-high-voltage transformers, reactors and related equipment. It described the deal as the largest single U.S. project ever won by a South Korean power-equipment manufacturer. Hyosung Heav
February 10, 2026
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Explosion ignites fire at oil storage facility in Gyeongsan
SEOUL, February 10 (AJP) - An explosion at an oil storage facility in Gyeongsan, North Gyeongsang Province, sparked a fire in the southeastern city on Tuesday. According to police authorities, the fire started around 8 a.m. when an explosion occurred at the outdoor facility of Daehan Oil Pipeline Corp. With only smoke currently visible, the flames have subsided. No casualties were immediately reported.
February 10, 2026
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18-year-old wins S. Korea's first female snowboard Olympic bronze
SEOUL, February 10 (AJP) - High school student Yu Seung-eun has made history on Monday (local time) as the first South Korean woman to stand on an Olympic snowboarding podium, capturing a bronze medal in the big air event during her debut at the Milano Cortina 2026 Winter Olympics. The 18-year-old recorded a combined score of 171.00 points at Livigno Snow Park, finishing behind gold medalist Japan's Murase Kokomo and silver medalist Zoi Sadowski-Synnott from New Zealand. Her p
February 10, 2026
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SK and Nvidia chiefs hold AI talks over chicken and beer in Santa Clara
SEOUL, February 10 (AJP) - Chey Tae-won, chairman of SK Group missing from the famous chicken-beer meeting in Seoul among key Korean tycoons during Nvidia CEO Jensen Huang's visit to South Korea last October, had a separate chimaek moment with Huang in Silicon Valley as SK hynix vies with Samsung Electronics for next-generation memory packages to Nvidia's AI accelerators. According to industry officials on Monday, Chey met Huang on Feb. 5 (local time) at a Korean-style frie
February 10, 2026
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Ukraine War in 5th Year: Trump's long-delayed '24-Hour' promise
*Editor’s Note: As Russia’s invasion of Ukraine nears its fifth year, AJP reviews how the war began, how it has evolved, and where it is heading — and asks the most urgent question of all: will it end? This second installment examines the delayed peace negotiations. SEOUL, Feb. — (AJP)-“I will end that war within 24 hours.” Since his campaign days, US President Donald Trump repeatedly portrayed himself as a “peacemaker,” confiden
February 10, 2026