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  S. Korea leans on semiconductors as non-IT exports lose ground: BOK SEOUL, January 16 (AJP) - South Korea’s exports remain resilient, but the country is steadily losing ground in global competitiveness in some sectors, according to a report released Friday by the Bank of Korea. While headline export figures have held up, shipments of major non-IT goods — excluding semiconductors — have been largely stagnant for years, deepening performance gaps across industries. South Korea’s share of the global export market ha January 16, 2026
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  Kookmin University researchers turn cancer's hunger against itself to treat drug-resistant tumors SEOUL, January 16 (AJP) - Researchers at Kookmin University have developed a drug delivery platform that bypasses the defenses of hard-to-treat colorectal cancer by exploiting the tumor's own aggressive metabolism. Kookmin University announced on January 15 that the team, led by Professor Kim Ha-rin of the Department of Biopharmaceutical Science, successfully treated KRAS-mutant colorectal cancer in animal models using the new system. The findings were published in the January January 16, 2026
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  Researchers use laser light to sharpen radio telescope images of black holes SEOUL, January 16 (AJP) - A joint research team led by the Korea Advanced Institute of Science and Technology (KAIST) has developed a technology to significantly improve the resolution of radio telescopes using laser optics. By applying an "optical frequency comb" directly to telescope receivers, the researchers aim to capture sharper images of black holes and enhance precision in deep space exploration. KAIST announced on January 15 that the team, led by Professor Kim J January 16, 2026
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  Seoul court upholds fine on Kakao over data leak SEOUL, January 16 (AJP) -A Seoul court on Wednesday upheld a record 15.1 billion won ($11.2 million) fine imposed on Kakao for failing to properly safeguard users’ personal information, rejecting the tech giant’s legal challenge to the penalty. The Seoul Administrative Court’s Administrative Division 14, presided over by Chief Judge Lee Sang-deok, ruled against Kakao in a lawsuit seeking to overturn a corrective order and fine issued by the Personal Information Pro January 16, 2026
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  Lotte chair calls for quality-growth pivot as petrochemicals and retail falter SEOUL, January 16 (AJP)-Lotte Group Chairman Shin Dong-bin on Thursday called for a decisive shift toward “quality growth” centered on profitability and efficiency, as the South Korean conglomerate’s flagship petrochemicals and retail businesses both posted weak performance last year, underscoring mounting pressure on the group’s traditional growth engines. The message came at Lotte’s first Value Creation Meeting (VCM) since a sweeping leadersh January 16, 2026
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  Seoul market hits new high despite rate pause as regional peers falter SEOUL, January 15 (AJP) - Korean stocks surged to fresh highs on Thursday, extending a 10-session winning streak, even as most other Asian markets finished mixed amid cautious regional sentiment. In Seoul, the benchmark KOSPI jumped 1.58 percent to close at 4,797.6, edging closer to the symbolic 5,000-point mark. The tech-heavy KOSDAQ gained 1.0 percent to 951.2. The rally was led by heavyweight technology and auto shares. Samsung Electronics climbed 2.6 percent to 143,900 won, January 15, 2026
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  Memory chips take center stage in AI-driven semiconductor boom SEOUL, January 15 (AJP) - The rapid expansion of artificial intelligence (AI) is reshaping the global semiconductor market, propelling memory chips, once considered a cyclical commodity, to the forefront of the industry's future growth engine. Amid a heated race for data centers to build AI servers and inference systems, demand for high-bandwidth memory (HBM), server-grade DRAM, and storage has surged, creating what analysts describe as a rare "triple supercycle" in th January 15, 2026
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  Pictures from Nara SEOUL, January 15 (AJP) -Drumbeats, temple corridors and carefully choreographed cultural gestures took center stage during South Korean President Lee Jae Myung’s brief two-day visit to Nara Prefecture, a trip that emphasized symbolism and atmosphere over contentious diplomatic files. Lee visited Nara at the invitation of Japanese Prime Minister Sanae Takaichi, wrapping up his fifth overseas trip since taking office and his second summit with the Japanese leader before depa January 15, 2026
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  South Korean defense ETFs surge as geopolitical tensions mount SEOUL, January 15 (AJP) -Growing geopolitical risks from Ukraine to Venezuela and Iran have lifted South Korean defense-related exchange-traded funds (ETFs) to the top of the country’s stock market rankings this year, outpacing even the red-hot semiconductor sector. According to ETFCheck data as of Tuesday, leveraged defense ETFs dominated the performance leaderboard. The PLUS K-Defense Leverage and KODEX K-Defense TOP10 Leverage surged 61.2 percent and 60.9 percent, respe January 15, 2026
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  Korea's new regional airline targets islands and emergency medical transport SEOUL, January 15 (AJP) - South Korea's new regional airline SUM Air, which aims to become a major transport link between regional areas and islands, unveiled its first brand-new aircraft at Gimpo International Airport on Thursday. The carrier plans to connect underserved islands and provide essential medical transport services, positioning itself as the only airline capable of serving various island airports. As a Regional Air Mobility (RAM) operator led by CEO Choi Yong-du January 15, 2026