Latest

  • Hot Stock: Robotics emerge as retail favorite as U.S. tariff risks weigh on chip heavyweights
    Hot Stock: Robotics emerge as retail favorite as U.S. tariff risks weigh on chip heavyweights SEOUL, January 19 (AJP) - Shares of robotics and automation companies surged Monday as investor funds rotated out of semiconductor stocks and into so-called “physical AI” plays, amid renewed uncertainty over U.S. semiconductor trade policy. Hyundai Motor jumped 12.5 percent to 465,000 won ($315.3), while Doosan Robotics soared 20.13 percent to 108,600 won, sharply outperforming the broader market as sentiment toward chipmakers weakened on tariff concerns. The shift January 19, 2026
  • KOSPI bucks global stock weakness on robotics-led rally
    KOSPI bucks global stock weakness on robotics-led rally SEOUL, January 19 (AJP) — Asian stock markets opened the week on a weaker footing amid rising geopolitical uncertainty, as tensions flared between the European Union and the United States over Greenland. South Korean stocks, however, moved against the regional trend, buoyed by strong gains in robotics-related shares. The benchmark KOSPI opened at 4,829.40, down 0.23 percent from the previous close, but quickly reversed course. As of 11:10 a.m., the index was up 0.9 percent a January 19, 2026
  • Cold wave advisory issued for Seoul
    Cold wave advisory issued for Seoul SEOUL, January 19 (AJP) - A cold wave advisory was issued for Seoul and most other parts of the country on Monday. The advisory, issued at 10 a.m. by the Korea Meteorological Administration, takes effect at 9 p.m. as freezing temperatures are forecast overnight. After an unusually warm spell over the weekend, Seoul is expected to see morning lows plunge to -13 degrees Celsius on Tuesday, with daily highs remaining below freezing throughout this week. Such an advisory is issued January 19, 2026
  • Celltrions Zymfentra gains preferred drug status on major U.S. healthcare formulary
    Celltrion's Zymfentra gains preferred drug status on major U.S. healthcare formulary SEOUL, January 19 (AJP) - Celltrion's Zymfentra, the world's only subcutaneous infliximab treatment, has secured preferred drug status on the formulary of Evernorth Health Services, a subsidiary of U.S. healthcare giant Cigna Group. The listing marks a significant milestone for the South Korean biopharmaceutical company as it seeks to accelerate sales of the autoimmune disease treatment in the world's largest pharmaceutical market. Cigna operates Express Scripts, one January 19, 2026
  • EXO set to drop first full-length album in over two years
    EXO set to drop first full-length album in over two years SEOUL, January 19 (AJP) - K-pop boy band EXO are returning with their eighth full-length album on Monday. "REVERXE," set for release at 6 p.m. on major music-streaming sites, is the group's first full-length album in about two years and six months. The album contains nine songs including its title track "Crown," a hard-dance track about protecting a loved one, symbolized as a crown. To promote the album, a showcase is scheduled for 7:30 p.m. at Kyun January 19, 2026
  • Hyundai Glovis installs SpaceXs Starlink to enhance vessel safety, connectivity
    Hyundai Glovis installs SpaceX's Starlink to enhance vessel safety, connectivity SEOUL, January 19 (AJP) - Hyundai Glovis said Monday it has begun installing low-Earth-orbit satellite communications service Starlink across its fleet, aiming to accelerate digital transformation in shipping while enhancing vessel safety management. The logistics and shipping arm of Hyundai Motor Group is rolling out Starlink on 45 company-owned vessels, including car carriers and bulk carriers. Installation will be carried out sequentially, starting with ships calling at local p January 19, 2026
  • Samsung hires former Microsoft executive to bolster EU policy response
    Samsung hires former Microsoft executive to bolster EU policy response SEOUL, January 19 (AJP) - Samsung Electronics has hired Jeremy Rollison, a U.S.-born European Union digital policy specialist who previously worked at Microsoft, as an executive director-level official, in a move widely seen as aimed at strengthening the company’s response to tightening EU digital regulation. Rollison, 46, has begun work with Samsung’s Europe external relations team in Brussels, the hub of EU policymaking. He spent more than a decade at Microsoft h January 19, 2026
  • Injury-stricken Kim Ha-seong to sit out start of season again
    Injury-stricken Kim Ha-seong to sit out start of season again SEOUL, January 19 (AJP) - Atlanta Braves' shortstop Kim Ha-seong is likely to miss the start of the Major League Baseball season this spring after undergoing finger surgery. Kim "sustained a hand injury while in Korea and underwent surgery to repair a torn tendon in his right middle finger" in Atlanta, Braves said on X, formerly known as Twitter on Sunday, adding that his recovery is expected to take four to five months. According to MLB.com, Kim will &quo January 19, 2026
  • OPINION: Corporate accountability must be enhanced for Koreas cybersecurity
    OPINION: Corporate accountability must be enhanced for Korea's cybersecurity Last year appeared to mark an unusually high number of corporate hacking incidents and personal data leaks. In truth, however, South Koreans’ personal information has long been treated as something closer to public property than a protected asset. The pattern following each breach is by now familiar. The National Assembly unleashes a wave of criticism at companies, the government announces sweeping countermeasures or tighter regulations, and the media devotes days of covera January 19, 2026
  • Seoul, Beijing to hold follow-up FTA talks on services, investment this week
    Seoul, Beijing to hold follow-up FTA talks on services, investment this week SEOUL, January 19 (AJP) - South Korea and China will hold a new round of follow-up negotiations on services and investment under their bilateral free trade agreement from Monday through Friday in Beijing, South Korea’s Ministry of Trade, Industry and Energy said. The two governments agreed at a summit between their leaders in Beijing on Jan. 5 to work toward achieving meaningful progress in the negotiations within this year. The follow-up talks will focus on further mar January 19, 2026