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Ice rink in Seoul attracts over 100,000 visitors in less than a month
SEOUL, January 14 (AJP) - Over 100,000 people have visited an ice rink in front of Seoul Plaza since its opening for this winter in mid-December, the Seoul Metropolitan Government said on Wednesday. The ice rink, which runs until Feb. 8 after opening on Dec. 13 last year, has proven popular among citizens looking to enjoy winter activities at affordable prices, drawing an average of about 4,000 visitors a day, up from last winter's daily average of 3,269. Visitors can skate
January 14, 2026
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KEPCO eyes US market with Columbia grid project
SEOUL, January 14 (AJP) - Korea Electric Power Corp. (KEPCO) said Wednesday it has signed a technology cooperation agreement with the city of Columbia, S.C., as it looks to expand its business in the U.S., the world’s largest electricity market. KEPCO said it signed a memorandum of understanding on power distribution grid technology cooperation on Jan. 13, local time, at Columbia City Hall. The agreement was signed by Jung Chi-kyo, KEPCO’s executive vice president,
January 14, 2026
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Korean payroll growth stagnates in 2025 amid weak domestic demand, youth job scarcity
SEOUL, Jan. 14 (AJP) — South Korea’s labor market held up on the surface in 2025, with employment and participation rates reaching record highs, but stagnant payroll growth, manufacturing job losses and the highest youth unemployment in three years underscored lingering fragility, government data showed Wednesday. According to the Ministry of Data and Statistics, the number of employed people aged 15 and older reached 28.769 million in 2025, up 193,000, or 0.7 percen
January 14, 2026
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Korea's indigenous AI model project faces debate over use of open-source components
SEOUL, January 14 (AJP) - South Korea's government-backed initiative to develop an indigenous artificial intelligence foundation model is facing scrutiny over whether the use of open-source components from Chinese firms aligns with the project's definition of "sovereign AI." The Ministry of Science and ICT is set to announce Thursday the results of the first evaluation round for bidders in the national AI foundation model project. Of the five contenders — Nav
January 14, 2026
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PPP's internal ethics committee decides to expel former leader Han Dong-hoon
SEOUL, January 14 (AJP) - The main opposition People Power Party's ethics committee on Wednesday decided to expel former party leader Han Dong-hoon from the party. The belated move came after the PPP's internal investigation into hundreds of defamatory comments about disgraced former President Yoon Suk Yeol and his wife Kim Keon Hee on the party-run online bulletin board, allegedly posted by Han and his family members in November 2024. Han's expulsion immediately prom
January 14, 2026
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OPINION: The weight of a death sentence, the lightness of martial law
The prosecution’s request for the death penalty against former President Yoon Suk Yeol is not merely about the punishment of one individual. It is a question the Republic of Korea is asking of itself: What kind of country are we? How far have we come? And what lines must never be crossed? That a state of martial law could even be contemplated for political reasons in a mature democratic republic with per-capita income exceeding $30,000 already signals a breach of basic
January 14, 2026
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Hyundai Rotem pivots toward robots, hydrogen in organizational overhaul
SEOUL, January 14 (AJP) - Hyundai Rotem, a South Korean manufacturer with operations spanning defense, rail and plant engineering, has reorganized its business to position robots and hydrogen as its primary growth engines. The company said Wednesday that it has carried out a broad restructuring aimed at strengthening competitiveness in robot and hydrogen technologies. Central to the overhaul is the creation of a dedicated unit that consolidates both businesses into a single strate
January 14, 2026
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Foreign investors extend buying streak in South Korean stocks, bonds
SEOUL, January 14 (AJP) - Foreign investors were net buyers of South Korean stocks and bonds in December, extending net inflows to a fourth consecutive month. Net foreign inflows into South Korean securities totaled $7.44 billion in December, according to the Bank of Korea’s report on international finance and foreign-exchange market trends released Wednesday. The figure marked the largest monthly inflow since September, when inflows reached $9.12 billion. Bond pu
January 14, 2026
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Asian markets mixed as KOSPI slips after earlier gain on semiconductor strength
SEOUL, January 14 (AJP) - Asian markets opened mixed on Wednesday, as South Korean shares rose on early semiconductor and energy gains but slipped amid broader caution across the region. In Seoul, the benchmark KOSPI was down 0.4 percent at 4,673 and the tech-heavy KOSDAQ also fell 0.8 percent to 941.4 as of around 11 a.m., as initial gains shortly after trading began earlier in the day gave way to selective profit-taking. Semiconductor shares traded mixed, with Samsung Electro
January 14, 2026
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Drivers left to rely on vigilance as Korea grapples with seasonal black ice hazard
SEOUL, January 14 (AJP) - Black ice accompanies icy snow winter in South Korea and is blamed for road accidents and deaths, but the government has run out of ideas as fundamental prevention would require entire hefty replacement roadwork. Seven people were killed and nine others injured Saturday morning in a string of traffic accidents across highways and national roads in North Gyeongsang Province, with police citing black ice as the main cause. The accidents unfolded within a n
January 14, 2026