Hyundai Motor to cooperate with Singapore for development of hydrogen, low-carbon technologies

SEOUL, November 03 (AJP) - Hyundai Motor Group has signed a memorandum of understanding with Singapore’s Economic Development Board to cooperate on the development of hydrogen and low-carbon technologies. Under the agreement, Hyundai will use its experience in fuel cell and hydrogen infrastructure to help Singapore identify and develop opportunities in hydrogen-based, low-carbon technologies. The EDB, a government agency under Singapore’s Ministry of Trade and Ind

November 3, 2025

HD Hyundai Heavy to develop submarines for Peruvian Navy

SEOUL, November 03 (AJP) - South Korea's HD Hyundai Heavy Industries has signed a letter of intent with Peru’s state-run SIMA shipyard to jointly develop a new class of submarines for the Peruvian Navy, in what could become one of its most significant defense export ventures in Latin America. The agreement, announced Monday, builds on a series of accords between the two countries over the past year. It follows a memorandum of understanding signed at the APEC summit in

November 3, 2025

CJ Olive Young, riding K-beauty wave, becomes must-visit stop for foreign tourists

SEOUL, November 03 (AJP) - At the Olive Young flagship store in Myeongdong, the aisles are crowded not just with locals but with visitors from Tokyo, Bangkok and Los Angeles, filling baskets with sheet masks, toners and serums. What began as a domestic health and beauty chain has quietly become one of South Korea’s most popular tourist destinations — and a symbol of how K-beauty has gone global. From Seoul’s bustling shopping districts of Myeongdong, Hongdae a

November 3, 2025

Drunk driver arrested after hitting Japanese tourists in Seoul

SEOUL, November 3 (AJP) - Two pedestrians were hit by a drunk driver in central Seoul on Sunday, according to police. They have been identified as a Japanese tourist and her daughter. A man in his 30s was arrested for drunk driving after allegedly driving onto the sidewalk and hitting them as they crossed the street at around 10 p.m. His blood alcohol level was high enough to have his license immediately revoked. The mother, in her 50s, was taken to a nearby hospital in card

November 3, 2025

Asian Culture Calendar

SEOUL, November 03 (AJP) - South Korea Nov. 6 - 8 Jeju Olle Walking Festival Sep. 26 - Nov. 8 Daegu International Opera Festival Japan Nov. 1 - 10 Gion Odori Nov. 1 - 3 Meiji Shrine Autumn Grand Festival Nov. 9 Arashiyama Momiji Festival Nov. 1 - 10 Sapporo Chrysanthemum Festival Nov. 1 -4 SAKANA & JAPAN Festival Thailand Nov. 5 - 6 Loy Krathong Festival Nov. 5 - 6 Yi Peng Lantern Festival Nov. 21 - 23 Surin Elephant Round-up Nov. 28 - 29 Pattaya Intern

November 3, 2025

Season's first cold wave advisory issued in Seoul

SEOUL, November 3 (AJP) - Morning lows in Seoul fell below 1 degree Celsius on Monday, prompting the Korea Meteorological Administration (KMA) to issue the season's first cold wave advisory for the capital and nearby areas the previous day. Such an advisory is issued when morning temperatures are expected to drop by more than 10 degrees Celsius from the previous day, or at least 3 degrees below the seasonal average, or when the morning low is forecast to remain at or below -12

November 3, 2025

OPINION: As technology advances, can wisdom keep up?

SEOUL, November 03 (AJP) - Human history can be read as the story of technology — a long march from the roar of engines to the quiet hum of algorithms. Each invention begins as a spark of imagination, becomes the engine of industry, and ultimately reshapes the fabric of civilization. From steam to silicon to synthetic intelligence, this evolution has not only transformed economies but also the meaning of being human. The progression of technology tends to follow three d

November 3, 2025

S. Korea, Singapore form strategic partnership to boost defense and trade ties

SEOUL, November 02 (AJP) - President Lee Jae Myung and Singaporean Prime Minister Lawrence Wong agreed on Sunday to establish a strategic partnership and to deepen cooperation across various sectors, including defense and trade. During a joint press conference following their summit at the presidential office, Lee and Wong agreed to closely cooperate in advanced technology, strengthen security coordination, and expand people-to-people exchanges in response to a rapidly changing gl

November 2, 2025

SK hynix to become biggest supercycle winner and overtake TSMC in chip profit by 2027: Nomura

SEOUL, November 02 (AJP) - SK hynix can outshine dominant pure-play foundry Taiwan Semiconductor Manufacturing Co. (TSMC) in income from chip sales by 2027, placing the South Korean leader in AI memory the biggest winner of the chip "super cycle" that is expected to run at least two more years, according to Japanese investment bank Nomura Securities. SK hynix has already been stellar among memory makers, reporting a record operating profit of $8 billion in the third quar

November 2, 2025

Korea's Oct exports hit record high for the month, extends 5-mo growth streak

SEOUL, November 02 (AJP) - South Korea’s exports extended their growth streak for the fifth consecutive month, rising 3.5 percent on year to $59.57 billion in October – the highest ever for the month – despite fewer working days from the Chuseok holiday thanks to record chip and robust vessel shipments. According to data released Saturday by the Ministry of Trade, Industry and Resources, the trade account posted a $6.06 billion surplus as imports fell 1.5 percent

November 2, 2025