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  • ASIA INSIGHT: Twelve weeks on, Middle East conflict still has no way out
    ASIA INSIGHT: Twelve weeks on, Middle East conflict still has no way out SEOUL, May 19 (AJP) - Now about 12 weeks into the conflict in the Middle East which began with joint U.S. and Israeli airstrikes against Iran in late February, there is still no end in sight. What some expected to be a short, contained confrontation has instead become a prolonged regional crisis with widening economic and political consequences. At the center of the prolonged standoff is a fundamental issue. Both sides say they want a deal, but they remain far apart on what that dea May 19, 2026
  • ASIA DEEP INSIGHT: Pacific forgets ghosts as Japan embraces arms trade
    ASIA DEEP INSIGHT: Pacific forgets ghosts as Japan embraces arms trade By welcoming Japanese military exports, Manila helps Tokyo dismantle an eighty-year pacifist legacy in the name of regional deterrence. When Philippine President Ferdinand Marcos Jr. recently addressed the press to welcome Japan’s decision to loosen its post-war ban on lethal weapon exports, his phrasing was carefully calibrated for the current geopolitical moment. Japan and the Philippines, he noted, have faced "the same difficulties." He was referring, of cour May 19, 2026
  • Lee brings heritage-inspired gifts for Japanese PM to Andong summit
    Lee brings heritage-inspired gifts for Japanese PM to Andong summit SEOUL, May 19 (AJP) - President Lee Jae-myung is set to meet Japanese Prime Minister Sanae Takaichi at a summit in Andong, North Gyeongsang Province on Tuesday. Lee has prepared locally themed gifts for Takaichi, according to Cheong Wa Dae. Among them is a framed set of wood carvings depicting nine types of traditional folk masks, a well-known symbol of Andong, home to Hahoe Village, one of the country's most notable living repositories of Joseon-era heritage. The item was c May 19, 2026
  • Hyundai Mobis hosts Silicon Valley robotics forum with record turnout
    Hyundai Mobis hosts Silicon Valley robotics forum with record turnout SEOUL, May 19 (AJP) - Hyundai Mobis held its fifth annual Mobis Mobility Day in Sunnyvale, California, drawing a record crowd of about 400 attendees as the South Korean auto parts maker pushes into robotics and physical AI amid a broader shift away from its traditional mobility focus. The event, held Monday local time, drew more than double the turnout of the previous year, reflecting mounting interest from local startups, automakers, and investors in the company's expanding tec May 19, 2026
  • US approves $4 billion arms sales to South Korea
    US approves $4 billion arms sales to South Korea SEOUL, May 19 (AJP) - The U.S. State Department has approved potential arms sales to South Korea worth over $4 billion, including upgrade programs for Apache attack helicopters. The department’s Bureau of Political-Military Affairs said Monday that it approved a possible Foreign Military Sale requested by the South Korean government for 24 MH-60R helicopters, along with related weapons and equipment. The estimated cost of the helicopter package is $3 billion. The State D May 19, 2026
  • KOSPI opens lower as end-of-chip-rally fears hammer tech shares
    KOSPI opens lower as end-of-chip-rally fears hammer tech shares SEOUL, May 19 (AJP) - South Korean stocks opened lower Tuesday as growing concerns of a peak in the global memory-chip cycle triggered an overnight selloff in U.S. technology shares, dragging down semiconductor and artificial intelligence (AI)-related stocks. The benchmark KOSPI fell 2.47 percent to 7,330.44 about an hour into trading, while the junior KOSDAQ dropped 1.69 percent to 1,092.34. The South Korean won was largely unchanged at 1,500.10 per dollar, from 1,500.30 in the pri May 19, 2026
  • Samsung Live: Another last-ditch round of talks underway as strike deadline looms
    Samsung Live: Another last-ditch round of talks underway as strike deadline looms SEOUL, May 19 (AJP) - Samsung Electronics and its largest labor union returned to the negotiating table on Tuesday for a second day of government-mediated talks, with a planned full-scale strike just two days away. Negotiators from both sides are working to reach a deal over disputes involving wages and performance bonuses following massive profits fueled by an unprecedented artificial intelligence (AI)-driven semiconductor supercycle. According to Samsung insiders, the closed- May 19, 2026
  • Automakers under pressure to hike prices amid spiraling manufacturing costs
    Automakers under pressure to hike prices amid spiraling manufacturing costs SEOUL, May 19 (AJP) - Rising prices for car parts and other key materials, including batteries and semiconductors, coupled with the weak won, are adding to pressure on automakers to raise vehicle prices. With price hikes expected to accelerate in the second half of this year, concerns are also growing that demand could weaken if South Korea's temporary tax breaks for car buyers expire at the end of the year. According to industry insiders on Tuesday, prices for key materials and May 19, 2026
  • [AJP Spiritual Asia ①] Why humanity must rediscover Asias spiritual heritage in age of AI
    [AJP Spiritual Asia ①] Why humanity must rediscover Asia's spiritual heritage in age of AI A Grand Asian Journey Toward Civilization, Religion, Humanity and the Future Humanity in the 21st century stands at the threshold of a profound civilizational transformation. Artificial intelligence has begun to learn human language and patterns of thought. Robots and algorithms are steadily replacing large portions of human labor and judgment. Never before has mankind enjoyed such material abundance, and yet never before has it entered such a deep psychological unease. Econ May 19, 2026
  • Starbucks Korea removes controversial campaign after CEO sacked
    Starbucks Korea removes controversial campaign after CEO sacked SEOUL, May 19 (AJP) -Starbucks Korea apologized and Shinsegae Group, the retailer that owns the largest coffee chain in South Korea, quickly dismissed its chief executive Monday after facing fierce public backlash and condemnation from President Lee Jae Myung over a controversial “Tank Day” marketing campaign launched on the anniversary of South Korea’s May 18 pro-democracy uprising. The coffee chain had promoted discounted “Tank” tumblers through an May 19, 2026