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  UPDATE: Five killed in multi-vehicle crash on Seohae–Yeongdeok Expressway in South Korea * Updated with additional information SEOUL, January 10 (AJP) - Five people were killed on Saturday morning after a multi-vehicle collision on the Seohae–Yeongdeok Expressway in South Korea’s North Gyeongsang Province, police said. The crashes occurred near the Namsangju interchange in Sangju, involving around 20 vehicles. Police confirmed that four people riding a Sonata sedan were killed, while a truck driver also died in a separate crash near the same area. January 10, 2026
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  Sentencing request for Yoon on insurrection charge put off to Jan. 13 SEOUL January 10 (AJP) -South Korea’s special prosecutor is expected to make a sentencing request for former President Yoon Suk Yeol on charges of leading an insurrection tied to his brief imposition of martial law in 2024, after a lower court on Friday postponed the final hearing following more than 15 hours of defense arguments that stretched to midnight. The Seoul Central District Court’s Criminal Division 25, presided over by Judge Ji Gui-yeon, announced it woul January 10, 2026
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  Lee attends 100th anniversary of Provisional Government building in Shanghai SEOUL, January 09 (AJP) - President Lee Jae-myung and first lady Kim Hye-kyung visited the Provisional Government of the Republic of Korea Memorial Hall in Shanghai on January 7 (local time) to attend the "100th Anniversary Ceremony of the Government Building Establishment." Before the ceremony began, the president observed a moment of silence and laid flowers at the bust of Kim Gu. He then toured Kim Gu's office and listened to explanations about the anti-Japanese r January 9, 2026
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  'Charity thermometer' in Gwanghwamun nears fundraising goal SEOUL, January 9 (AJP) - An installation dubbed the "charity thermometer" in downtown Gwanghwamun reached 98.5 degrees Celsius on Friday, about a month after its launch as part of the annual campaign by the Community Chest of Korea to help those in need. With a goal to collect 450 billion Korean won (around US$306 million), its temperature rises by one degree for every 1 percent of the fundraising target. The fundraising campaign will run until the end of the January 9, 2026
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  Farewell to CES 2026 LAS VEGAS, January 09 (AJP) - The world’s largest consumer electronics and information technology trade show, CES 2026, wrapped up four-day run in Las Vegas, Nevada, on Friday. The annual event brought together global companies and visitors, showcasing next-generation technologies including artificial intelligence (AI), robotics, autonomous driving and healthcare solutions. Across exhibition halls, demonstrations highlighted practical applications and commercialization potenti January 9, 2026
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  Team Korea heads to Canada to vie for $45bn submarine race SEOUL, January 09 (AJP) - A high-profile “Team Korea” delegation is set to travel to Ottawa later this month to compete in one of the world’s largest defense procurements — Canada’s plan to build 12 next-generation submarines in a project valued at more than $40 billion. Presidential chief of staff Kang Hoon-sik and Trade Minister Kim Jeong-gwan are expected to join the delegation, alongside senior executives from South Korea’s defense industry an January 9, 2026
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  BOK likely to sit tight on rates through H1 amid FX and housing volatility SEOUL, January 09 (AJP) - The Bank of Korea is widely expected to keep its benchmark interest rate unchanged in the early months of 2026, as policy room remains constrained by persistent currency weakness, elevated housing prices and uncertainty over the durability of growth driven by an unprecedented chip boom. The central bank will hold its first rate-setting meeting of the year on Jan. 15, launching its annual cycle of eight policy reviews. Since reducing the number of monetary January 9, 2026
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  Asian equities end first full week of 2026 strong as Korean defense stocks surge SEOUL, January 09 (AJP) - Asian equities finished strong on Friday, with South Korean stocks extending gains as defense shares surged on expectations of increased military spending following remarks by Donald Trump. In Seoul, the benchmark KOSPI rose 0.8 percent to close at 4,586.3, supported by sharp rallies in defense-related stocks. The tech-heavy KOSDAQ also finished higher, gaining 0.4 percent to 947.9. Defense stocks led the market after Trump outlined plans to significan January 9, 2026
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  Over 150,000 KT subscribers switch to other mobile carriers SEOUL, January 9 (AJP) - More than 150,000 subscribers of telecom company KT have switched to different mobile service providers, industry sources said on Friday. The massive exodus comes after the country's second-largest mobile carrier began waiving early termination fees following a major data breach detected in September last year. Of some 154,851 users who left KT from Dec. 31 to early this week, 15,701 or 64.7 percent switched to SK Telecom. Another 5,027 joined LG Uplu January 9, 2026
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  S. Korea's airline passengers hit record high last year on strong short-haul demand SEOUL, January 09 (AJP) - The number of airline passengers traveling through South Korea's airports reached an all-time high last year, boosted by a surge in short-haul international routes, particularly to Japan and China. According to aviation statistics released Friday by the Ministry of Land, Infrastructure and Transport and the Korea Civil Aviation Association, the combined number of domestic and international air passengers totaled 124.79 million last year, up 3.9 percent January 9, 2026