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  Seoul hires legal advisers as U.S. Coupang investors move toward arbitration SEOUL, March 05 (AJP) -South Korea has recruited legal advisers to respond to a notice of intent to arbitrate filed by U.S. investors in e-commerce giant Coupang, the Ministry of Justice said Thursday, marking the first formal step in a potential investor–state dispute under the Korea–U.S. Free Trade Agreement. The ministry said it selected South Korean law firm Peter & Kim and U.S.-based Arnold & Porter Kaye Scholer LLP to represent the government during the March 5, 2026
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  Seoul issues strong verbal intervention after two-day rout, markets rebound SEOUL, March 05 (AJP) -Seoul authorities issued a strong verbal intervention to calm markets Thursday, signaling readiness to deploy large-scale liquidity if needed after the country’s stock market suffered its steepest two-day rout on record following the outbreak of war in the Middle East. Officials reassured investors that Seoul stands ready to tap a 100 trillion won ($75 billion) market stabilization program should financial volatility intensify, as the benchmark KOSPI pl March 5, 2026
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  WAIFF D-1: Live human-machine symphony to open Seoul artificial intelligence film festival SEOUL, March 05 (AJP) - The World AI Film Festival Seoul 2026 will open Friday with a live performance blending human artists and machine generation, signaling a shift in how the entertainment industry approaches artificial intelligence. Kicking off on March 6 at Lotte Concert Hall in southern Seoul, the two-day event begins with a special performance titled "The Symphony of AI & Human." Organizers programmed the opening ceremony to move away from traditional film fe March 5, 2026
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  Korea hopes to win full fleet of Canadian submarines - industry minister SEOUL, March 05 (AJP) -South Korea will push to win the full order of Canada’s next-generation submarine fleet rather than settle for a split contract with a European rival, Industry Minister Kim Jung-kwan said Thursday, as Ottawa is said to be weighting the option of dividing one of its largest-ever defense awards. Speaking to reporters at Incheon International Airport before departing for Canada, Kim said Seoul is working “with everything it has” to secure the e March 5, 2026
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  Tesla leads South Korea's imported-car market SEOUL, March 5 (AJP) - U.S. electric vehicle maker Tesla claimed the top spot in South Korea's imported-car market last month, boosted by brisk sales of its revamped Model Y, the Korea Automobile Importers & Distributors Association said on Thursday. Some 27,190 imported vehicles were newly registered last month, up 29.7 percent from 20,960 units the previous month and 34.6 percent higher than a year earlier. The cumulative number of registrations for the first two mont March 5, 2026
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  LG CNS launches modular AI data center deployable in six months SEOUL, March 05 (AJP) - LG CNS unveiled a container-based AI data center called "AI Box" that can be built in about six months, aiming to capture growing demand for rapid AI infrastructure deployment. The modular system shown Thursday houses up to 576 graphics processing units in a single container with 1.2 megawatts of server power capacity. Traditional data centers typically require about two years to construct, making the shortened timeline a potential advantage for March 5, 2026
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  World-OKTA to host K-pop charity concert marking 45th anniversary SEOUL, March 05 (AJP) - The World Federation of Overseas Korean Traders Associations (World-OKTA) will hold a K-pop charity concert on April 1 at KBS Arena Hall in Seoul to mark its 45th anniversary, the organization said. The event, titled "OK Live Concert," represents the trade group's first official cultural project since its founding in 1981. World-OKTA operates about 140 chapters across 70 countries and has focused primarily on supporting Korean businesses abroad March 5, 2026
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  SK chief to attend at Nvidia's annual AI conference in San Jose SEOUL, March 5 (AJP) - SK Group chairman Chey Tae-won will attend Nvidia's annual GTC conference for the first time slated to be held in the U.S. later this month, according to industry officials. Chey is expected to meet Nvidia CEO Jensen Huang at the conference to be held from March 16 to 19 in San Jose, where industry leaders, developers, and researchers convene to discuss the latest technological trends. Chey is likely to discuss broader cooperation on AI infrastructure March 5, 2026
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  South Korean researchers develop wireless electronic patch for real-time blood flow monitoring SEOUL, March 05 (AJP) - Researchers at South Korea's Advanced Institute of Science and Technology have developed a wireless wearable electronic patch capable of measuring blood flow in real time. The device uses deep learning and multilayer thermal sensing to monitor cardiovascular health without invasive procedures. This technology provides a potential tool for the early detection of cardiovascular diseases and continuous monitoring of patients in clinical settings. Blood flo March 5, 2026
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  South Korean stocks roar back, up 12% on opening bell SEOUL, March 5 (AJP) – An epic rebound followed an epic downfall for South Korean shares as they opened Thursday 12 percent, instantly erasing the largest-ever collapse of the same scale a day earlier. As of 9:23 a.m., the benchmark KOSPI soared 11.5 percent to 5,684.53, while the tech-heavy KOSDAQ climbed 11.45 percent to 1,090.52. After two consecutive sessions that triggered sell-side sidecars, the opposite sidecar — on the buy side — was activated shortly aft March 5, 2026