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  Hanwha Ocean taps ex-Canadian Navy officer to lead local subsidiary SEOUL, January 21 (AJP) - South Korea's Hanwha Ocean has appointed Canadian defense specialist Glenn Copeland to head its local subsidiary as the shipbuilder intensifies its bid for Canada’s Patrol Submarine Project, a program the company said could be worth up to 60 trillion won ($45 billion). Hanwha Ocean has established Hanwha Defense Canada to pursue the contract, and said Copeland’s appointment will allow it to step up engagement with Canadian authorities. January 21, 2026
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  OPINION: Why environmental policies keep failing consumers SEOUL, January 21 (AJP) - Protecting the environment is no longer optional. In the face of climate change and resource depletion, the government's role is clear. The key question is no longer whether to act, but how. South Korea's evolving policies on paper cups and straws including the Ministry of Climate, Environment and Energy's proposed charges on disposable cups demonstrate how environmental regulations can be inadequate when they overlook consumer acceptance. Paper January 21, 2026
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  SK Innovation brings KHNP into TerraPower deal to expand global SMR business SEOUL, January 21 (AJP) - SK Innovation said on Wednesday it has sold part of its stake in U.S. small modular reactor (SMR) developer TerraPower to Korea Hydro & Nuclear Power (KHNP), strengthening a three-way partnership aimed at expanding in the global next-generation nuclear power market. The transaction marks the first direct investment by a South Korean state-run energy company in a global SMR developer. Financial terms were not disclosed. TerraPower, founded in 2008 January 21, 2026
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  Samsung Display supplies OLED cockpit, rear screens for Zeekr's flagship SUV SEOUL, January 21 (AJP) - Samsung Display said Wednesday it is supplying three types of automotive OLED displays for the flagship luxury SUV from Chinese electric-vehicle brand Zeekr. The Zeekr 9X has ranked first in China’s large-SUV segment priced at around 500,000 yuan ($70,000) for two consecutive months since November, according to the company. Under the deal, Samsung Display is providing a 16-inch center information display, a 16-inch front passenger display and a January 21, 2026
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  Seoul honors Turkish General Tahsin Yazıcı as first global war hero under new program SEOUL, January 21 (AJP) - The Ministry of Patriots and Veterans Affairs held a ceremony on Tuesday to honor Brigadier General Tahsin Yazıcı, the Korean War commander of the Turkish Brigade, as the "Korean War Hero of the Month" for January 2026. The Turkish Brigade, known by the code name "North Star" (Kuzey Yıldızı), arrived in the port city of Busan on October 17, 1950. Attached to the U.S. IX Corps, the brigade quickly earned a reputation for ferocity and re January 21, 2026
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  OPINION: A compound crisis demands compound policy for Korean economy South Korea’s economy is sending mixed signals. Exports are at record highs and the stock market is approaching 5,000 points. At the same time, warning lights are flashing: a weaker won, renewed pressure on home prices and worsening youth employment. Some see the moment as an opening for a major shift; others warn of an economy cooling toward stagnation. In truth, opportunity and risk are advancing together — and that is the most difficult ph January 21, 2026
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  KOSPI catches its breath after two-week rally SEOUL, January 20 (AJP) - South Korea's benchmark KOSPI pulled back on Tuesday, ending its year-opening rally, as selling pressure in major technology and auto shares outweighed gains in select growth and thematic stocks. The index fell 0.4 percent to close at 4,885.8, snapping a 13-session winning streak that included a series of record highs. Despite the pullback, it briefly climbed to an intraday high of 4,935.48, extending its run of fresh peaks before momentum faded in late January 20, 2026
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  More young Koreans abandon job searches: BOK SEOUL, January 20 (AJP) - The number of economically inactive or “idled” young people in South Korea has risen sharply, with a growing share abandoning job searches, underscoring mounting risks to the country’s long-term growth potential, the central bank said on Tuesday. According to a report from the Bank of Korea (BOK), the proportion of the idled population within the economically inactive group climbed to 15.8 percent in 2025, up from 12.8 percent in 2019. T January 20, 2026
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  Uzbekistan president calls for results-oriented diplomatic shift SEOUL, January 20 (AJP) - Uzbek President Shavkat Mirziyoyev called for a fundamental restructuring of the country's diplomatic missions on January 15, urging ambassadors to pivot from traditional political representation to aggressive economic advocacy and the protection of citizens abroad. Speaking at an expanded meeting of the Ministry of Foreign Affairs, Mirziyoyev said the shifting geopolitical landscape and increasing threats to state sovereignty require a "new gene January 20, 2026
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  Most powerful cold wave of winter hits South Korea SEOUL, January 20 (AJP) - An intense cold wave gripped the Korean Peninsula on Tuesday, coinciding with Daehan, the final of the 24 traditional lunar terms marking the peak of winter. Temperatures plummeted below minus 10 degrees Celsius across the greater Seoul area and Gangwon Province, prompting authorities to issue cold wave advisories for most of the country. In the capital, the morning wind chill factor plunged to a staggering minus 18 degrees Celsius, marking the coldest January 20, 2026