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  Seoul bourse ranks 8th in global market cap rank, up 2 notches from Dec SEOUL, February 08 (AJP) - South Korea’s stock market has climbed to eighth place globally by valuation upon sustaining double-digit gains into the new year on the back of strong momentum in semiconductor and tech shares. According to the Korea Exchange, the combined market capitalization of the KOSPI, KOSDAQ and KONEX stood at 4,799.36 trillion won ($3.6 trillion) at Friday’s close, slightly edging Taiwan’s total of 4,798.68 trillion won as well as Germany. Th February 8, 2026
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  More South Korean firms to offer five-day Lunar New Year break as outlook brightens SEOUL, February 08 (AJP) - A new survey shows that more than six out of ten South Korean businesses plan to observe a five-day holiday for the upcoming Lunar New Year. The findings also indicate that the number of companies reporting a decline in economic conditions has dropped significantly compared to last year, suggesting a recovery in business confidence. The Korea Enterprises Federation (KEF) released the results of its Lunar New Year Holiday Survey on February 8, after polli February 8, 2026
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  Samsung Elec on track roll out HBM4 chips this month SEOUL, February 08 (AJP) - Samsung Electronics is set to begin mass shipments of the the sixth generation high bandwidth memory chips dubbed HBM4 later this month, according to industry sources Sunday. The chips will be rolled out from the third week of February after the Lunar New Year holiday break, thrusting the HBM laggard into the front tier as HMB4 is expected to become the standard from next-generation AI chips. The shipment schedule has been finalized to align with the February 8, 2026
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  South Korea captures first win in mixed doubles curling at Winter Games SEOUL, February 08 (AJP) - South Korea recorded its first victory in the mixed doubles curling tournament at the Milano Cortina 2026 Winter Olympics on February 7, as the main medal competitions got underway. Kim Sun-young and Jeong Yeong-seok defeated the United States pair of Cory Thiesse and Korey Dropkin 6-5 in an extra end at the Cortina Curling Olympic Stadium. The South Korean duo, who had suffered five consecutive losses to open the round-robin stage, held off a late surge February 8, 2026
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  South Korea expected to secure three golds at Milano Cortina Winter Games SEOUL, February 08 (AJP) - South Korea is projected to win three gold medals and finish 15th in the overall standings at the Milano Cortina 2026 Winter Olympics, according to a forecast released by Sports Illustrated on February 8. The 2026 Winter Games, which officially opened on February 6 and run through February 22, are being held across several clusters in Northern Italy, including Milano and Cortina d'Ampezzo. Approximately 2,900 athletes from 92 nations are competing fo February 8, 2026
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  S. Korean researchers capture electricity-switching moment in next-gen memory materials SEOUL, February 08 (AJP) - Researchers at the Korea Advanced Institute of Science and Technology and Kyungpook National University have developed a technique to observe the real-time electrical switching process within nano-devices. By rapidly melting and freezing tellurium at cryogenic temperatures, the team successfully created and stabilized amorphous tellurium, a material essential for high-speed, low-power memory. This research provides a foundational understanding of how and wh February 8, 2026
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  Pyongyang highlights military role in national development on army anniversary SEOUL, February 08 (AJP) - North Korea has marked the 78th anniversary of the founding of its armed forces on February 8, with state media calling for the military to guarantee national prosperity ahead of a major political gathering. The Workers' Party of Korea is scheduled to hold its ninth congress in Pyongyang later this month. The event, held every five years, is the highest decision-making body of the state and is expected to outline new development goals while reinfor February 8, 2026
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  LGES buys battery JV in Canada as Ottawa weighs industrial offsets in submarine bid SEOUL, February 08 (AJP) -LG Energy Solution (LGES) has agreed to acquire its partner’s entire stake in a major Canadian battery plant for a symbolic $100, underscoring how slowing electric vehicle demand, shifting industrial policy and geopolitics are reshaping North America’s manufacturing landscape. In a regulatory filing on Friday, the South Korean battery maker said it would purchase the 49 percent stake held by Stellantis in their joint venture, NextStar Energy Inc February 8, 2026
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  A long war, fading certainties *Editor’s Note: As Russia’s invasion of Ukraine nears its fifth year, AJP reviews how the war began, how it has evolved, and where it is heading — and asks the most urgent question of all: will it end? This first installment examines the toll on Ukraine, Russia, and the world. SEOUL, February 07 (AJP) - As Russia’s full-scale invasion of Ukraine approaches its fifth year, the war shows signs of diplomatic motion without political resolution — inching t February 8, 2026
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  Korean crypto exchange Bithumb's bitcoin flop draws regulatory scrutiny SEOUL, February 07 (AJP) -South Korea’s financial authorities moved swiftly Saturday after a major operational error at crypto exchange Bithumb led to the mistaken distribution of hundreds of thousands of bitcoins, triggering market volatility and raising fresh concerns over risk management in the digital asset sector. The Financial Services Commission (FSC) convened an emergency meeting at the Government Complex Seoul, chaired by Vice Chairman Kwon Dae-young, with officials f February 7, 2026