Latest
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LG CNS invests in Cha Biotech to scale AI-driven healthcare
SEOUL, January 15 (AJP) - LG CNS said on Thursday it is moving to scale up its digital healthcare business through a strategic partnership with Cha Bio Group. The IT services firm, led by Chief Executive Hyun Shin-gyun, said it signed a partnership agreement with Cha Biotech. The deal includes a 10 billion won ($7.4 million) equity investment and cooperation on artificial intelligence transformation and digital transformation projects. Hyun and Cha Won-tae, vice chairman of Cha
January 15, 2026
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Korean founders told to prioritize profit over growth at Silicon Valley summit
SEOUL, January 15 (AJP) - South Korean startup founders hoping to break into the United States market were advised to abandon aggressive growth strategies in favor of proving their "unit economics," as investors at a major industry gathering here warned of a tightened global capital environment. The advice was delivered at the UKF 82 Startup Summit 2026, held from January 9 to 12 at the Fox Theatre in Redwood City. The event drew approximately 4,000 participants, making
January 15, 2026
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BLACKPINK to release new album next month
SEOUL, January 15 (AJP) - K-pop girl group BLACKPINK will release a new album next month. "Deadline," the quartet's third mini album, was teased by their management agency YG Entertainment on Thursday, ahead of its release slated for Feb. 27. "We'd like to thank fans who have waited for quite a long time," the agency said in a press release. The much-anticipated album is expected to reflect the memories and moments of their ongoin
January 15, 2026
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Samsung working with US labs to develop next-generation clothes dryer
SEOUL, January 15 (AJP) - Samsung Electronics said on Thursday that its research into next-generation clothes-drying technology has been selected for official support by the U.S. Department of Energy. The South Korean electronics giant said the project aims to develop a high-performance dryer that sharply reduces energy use while maintaining drying efficiency. Samsung is working with Oak Ridge National Laboratory of the U.S. and the University of South Carolina’s depart
January 15, 2026
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Building on Partnership: UK-Korea Priorities for 2026
As we begin 2026, the partnership between the United Kingdom and the Republic of Korea has never been stronger. Elevated to a Global Strategic Partnership in 2023, our relationship reflects shared democratic values, a commitment to the rules-based international order and a vision for a more prosperous, secure and sustainable future. The inaugural UK-Korea High Level Forum held in Seoul in December brought together leaders from government, business and academia to chart the cour
January 15, 2026
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KRX eyes AI-driven overhaul to support 24-hour trading, reviews startup acquisition
SEOUL, January 15 (AJP) -The Korea Exchange (KRX) said Tuesday it is pursuing an artificial intelligence–based innovation strategy as groundwork for a future 24-hour trading system, including a possible acquisition of an AI startup. The exchange said it plans to integrate AI into market oversight and operations, calling the technology a core strategy that will determine the competitiveness of South Korea’s capital markets. AI is expected to be applied across market
January 15, 2026
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Seoul city bus service back to normal after wage deal ends record strike
SEOUL, January 15 (AJP) -Seoul city buses are back on the roads on Thursday after labor and management reached a wage agreement late Wednesday, ending the longest city bus strike on record. The deal was struck at 11:55 p.m. during a second follow-up mediation session convened by the Seoul Regional Labor Relations Commission at its special arbitration panel. The talks brought together the Seoul City Bus Labor Union, affiliated with the Korean Automobile Workers Federation, an
January 15, 2026
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Washington makes a rare Korean won-supporting remark
SEOUL, January 15 (AJP) - In a rare departure from Washington’s long-held opposition to currency intervention, the U.S. Treasury secretary echoed Seoul’s concerns over the weak Korean won, lending verbal support to efforts to stabilize the currency. U.S. Treasury Secretary Scott Bessent met with South Korea’s Deputy Prime Minister and Finance Minister Koo Yun-cheol on Monday (local time) to discuss market developments and preparations for the upcoming critical mi
January 15, 2026
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PHOTOS:Crowds flock to ice festival in Hwacheon
Hwacheon, January 14 (AJP) - On a white canvas of snow-covered ice, hundreds of people hunched over holes drilled into the frozen river, their fishing lines disappearing into the dark waters below. Despite temperatures plunging to -14 degrees Celsius and heavy snowfall, crowds gathered from early morning last Monday, just days after the annual mountain trout-themed Sancheoneo Ice Festival kicked off last weekend. Around 10 a.m., parking lots near the entrance to th
January 14, 2026
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Philosophy and AI mix in Korea? Too early to tell
SEOUL, January 14 (AJP) - Peter Thiel and Alex Karp, co-founders of Palantir — one of the world’s most prominent artificial intelligence data analytics companies, now valued at more than $426 billion — share an unusual academic background for Silicon Valley: both studied law and philosophy as undergraduates. Karp went further. He earned a Ph.D. in classical social theory under renowned German philosopher Jürgen Habermas at Goethe University in Frankfurt, groun
January 14, 2026