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Coupang union warns of job risks amid sweeping data breach probes
SEOUL, January 22 (AJP) - A labor union representing delivery drivers at South Korean e-commerce firm Coupang on Thursday urged the government to conduct what it called a reasonable and fair investigation into the company’s recent personal data breach, warning that an excessive probe could harm workers and small merchants. In a statement, the union said data breaches have affected many companies, including large corporations, but that it was difficult to find compa
January 22, 2026
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PM departs for Washington for possible meeting with US vice president
SEOUL, January 22 (AJP) - Prime Minister Kim Min-seok left for the U.S. on Thursday. According to his office, Kim boarded a flight to Washington, D.C., accompanied by a small group of aides. During his five-day U.S. itinerary, which marks his first overseas trip since assuming his post in July last year, he is scheduled for talks with senior U.S. government officials and may meet with U.S. Vice President J.D. Vance. He will also meet with South Korean nationals living there He
January 22, 2026
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Rice consumption falls further in South Korea as dietary shift continues
SEOUL, January 22 (AJP) - South Korea’s per-capita rice consumption declined again last year, extending a decades-long slide as household eating habits continue to shift, government data showed on Thursday. According to the National Data Center’s survey results, annual per-capita grain consumption in the household sector fell 3 percent from a year earlier to 62.5 kilograms. Rice consumption accounted for 53.9 kilograms, down 3.4 percent, or 1.9 kilograms, from the pr
January 22, 2026
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PPP leader ends weeklong hunger strike after ex-President Park Geun-hye's visit
SEOUL, January 22 (AJP) - Jang Dong-hyeok, the leader of the main opposition People Power Party (PPP), ended his weeklong hunger strike on Thursday as his health condition worsened. Jang, who began the strike last Thursday, calling for independent investigations into allegations involving the Unification Church and other bribery cases, was taken to the hospital at around noon. Jang said, "I'm ending mu hunger strike for a longer and bigger fight," adding that pu
January 22, 2026
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Samsung SDS earnings lifted by AI, cloud demand
SEOUL, January 22 (AJP) - Samsung SDS said on Thursday it posted annual revenue of 13.93 trillion won ($10.4 billion) last year, up 0.7 percent from a year earlier, while operating profit rose 5 percent to 957.1 billion won, as growth in cloud and artificial intelligence services offset weakness in logistics. Fourth-quarter revenue fell 2.9 percent from a year earlier to 3.54 trillion won, the company said, while operating profit rose 6.9 percent to 226.1 billion won. By se
January 22, 2026
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More young people move to Seoul
SEOUL, January 22 (AJP) - More young people have moved to Seoul from other cities and provinces, an analysis of census data released by the Seoul Metropolitan Government on Thursday reveals. Since 2019, the number of people in their 20s and 30s moving into Seoul has exceeded those moving out, except in 2021. Following this trend, the number of people leaving Seoul fell to 473,000 in 2024, down from 751,000 in 2001. Among Seoulites, those relocating within the city declined, whi
January 22, 2026
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South Korea enforces world's first comprehensive AI law as industry braces for compliance
SEOUL, January 22 (AJP) - South Korea on Thursday became the first country to enforce a comprehensive artificial intelligence law, a landmark move that establishes sweeping transparency and safety obligations while industry players scramble to navigate its sprawling requirements. The Basic Act on the Development of Artificial Intelligence and the Establishment of a Foundation for Trustworthiness, or the AI Basic Act, which took effect a year after its promulgation, governs everythin
January 22, 2026
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Walmart sends senior delegation to Seoul to expand shelf presence of K-beauty as U.S. demand rises
SEOUL, January 22 (AJP) - As Korean beauty products climb U.S. sales rankings, retail giant Walmart is moving to expand their shelf presence, dispatching senior buying executives to Seoul to scout new K-beauty brands. According to the Korea Trade-Investment Promotion Agency (KOTRA) on Thursday, a twelve-member Walmart buying delegation — including six vice presidents and senior purchasing executives — visited Seoul this week to hold one-on-one business consultations wi
January 22, 2026
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KOSPI hits historic 5,000-point milestone, following Trump's tariff relief
SEOUL, January 22 (AJP) - South Korea's benchmark KOSPI crossed the historic milestone of 5,000 points, just minutes after the day's trading began on Thursday. The milestone, which came for the first time since the country's stock market began trading some 70 years ago, was followed by gains on the Wall Street after U.S. President Donald Trump said he would not proceed with previously threatened tariffs on European countries, easing global trade uncertainty. The rally
January 22, 2026
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Record number of South Koreans reaped handsome profits from overseas stocks
SEOUL, January 22 (AJP) - South Koreans who reported taxes on profits from overseas stock investments topped 500,000 for the first time, tax data reveals. According to data submitted by the National Tax Service to Park Sung-hoon of the main opposition People Power Party (PPP) and released on Thursday, some 523,709 people filed tax returns on profits earned in 2024, up from 207,231 a year earlier. Those who invest in overseas stock markets and sell them for profits are required
January 22, 2026