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Samsung Electronics record Q4 may be just the start of red-hot streak
SEOUL, January 08 (AJP) - Samsung Electronics’ record fourth-quarter results may mark the start of a two-digit, billion-dollar earnings run, as AI infrastructure — from data centers to humanoid robots — drives memory prices into uncharted territory. In preliminary earnings guidance released Thursday, the South Korean tech giant said operating profit for the October–December period reached 20 trillion won ($14 billion), more than tripling from a year earlier
January 8, 2026
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Alleged ringleader behind South Korean Student's brutal death nabbed in Thailand
SEOUL, January 8 (AJP) - A key suspect in the brutal torture and killing of a South Korean college student in Cambodia last summer has been nabbed in Thailand, government authorities here said on Thursday. The Justice Ministry said a 42-year-old Chinese, the alleged mastermind of a Cambodia-based scam ring, was arrested in Pattaya, Thailand, the previous day, following a joint investigation with the National Police Agency and the National Intelligence Service. Between May and J
January 8, 2026
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South Korea's K Bank targets 85 trillion won assets by 2030
SEOUL, January 08 (AJP) - Choi Woo-hyung, CEO of South Korea's digital lender K Bank, said on Thursday the bank aims to become a “comprehensive digital finance platform” by 2030, targeting 26 million customers and 85 trillion won ($59 billion) in assets. Choi unveiled the mid- to long-term growth strategy at the bank’s 10th anniversary event. For this year, K Bank set a goal of reaching 18 million customers, supported by three growth pillars: platform-
January 8, 2026
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K-food finds lasting appeal in China through social media, localization
SEOUL, January 08 (AJP) - Walking through university districts and busy shopping streets in major Chinese cities, signs for Korean-style food are increasingly hard to miss. Advertisements for “Korean-style lunch boxes,” “Korean fried chicken” and rabokki — ramyeon cooked with tteokbokki rice cakes — line storefronts catering to young consumers. Convenience stores prominently stock Shin Ramyun and Buldak Bokkeum Myun with Chinese-language label
January 8, 2026
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KOSPI continues to test new heights
SEOUL, January 08 (AJP) - South Korea’s benchmark KOSPI touched fresh milestone of 4,600 won to gallop toward much-anticipated 5,000 on Wednesday. The KOSPI opened 19.60 points, or 0.43 percent, lower at 4,531.46. The buying spree sent the Korean won higher at 1,449.40 versus the U.S dollar. Retailers joined in full force to pick up foreign selling.
January 8, 2026
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PHOTOS: South Korea greets 2026 with the first sunrise
SEOUL, January 1 (AJP) — The Year of Byeongo (the Year of the Red Horse) has begun, marking the start of 2026. On the first day of the new year, most regions across the country are expecting clear skies and weather, which makes watching the sunrise more enjoyable. However, the morning temperature in Seoul is forecast to plunge to minus 11 degrees Celsius, bringing frigid weather.
January 8, 2026
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KOSPI opens higher, briefly surpasses 4,600 mark
SEOUL, January 8 (AJP) – The South Korean stock market opened higher on Thursday, with the benchmark KOSPI surpassing the 4,600 mark for the first time, as major chipmakers extended gains and retail investors poured into large-cap shares. About an hour after the market opened, the KOSPI soared 1.4 percent from the previous session to 4,615.70, while the tech-heavy KOSDAQ slipped 0.1 percent to 946.46. Investors showed a clear divergence in early trade as retail investors
January 8, 2026
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Countdown begins ahead of BTS' full-group comeback
SEOUL, January 8 (AJP) - Since earlier this week, promotional displays for BTS' full-group comeback in late March have adorned the staircases of the Sejong Center for the Performing Arts near Gwanghwamun in central Seoul. As one of the country's major cultural venues, hosting a wide range of performances and exhibitions, the center was an ideal place to promote the septet's return with a new album set for release on March 20, according to their management agency. Th
January 8, 2026
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South Korea among top markets for highest-grossing 'Avatar' franchise
SEOUL, January 8 (AJP) - "Fire and Ash," the third installment in director James Cameron's epic "Avatar" franchise, dominated the South Korean box office during the holiday season, making the country one of the film's top five global markets. According to Box Office Mojo, an American-operated website that tracks box-office revenues, South Korea ranked among the global top five markets for the CGI-heavy spectacular, earning US$44.12 million, just behin
January 8, 2026
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Energy projects drive Hyundai E&C to record-breaking orders in 2025
SEOUL, January 08 (AJP) - Hyundai Engineering & Construction said on Thursday it secured 25.5 trillion won ($17.6 billion) in new orders last year, up 39 percent from 2024 and the highest annual total in the company’s history. Hyundai E&C said it was the first South Korean builder to surpass 25 trillion won in annual orders, attributing the performance to a strategic shift beyond traditional construction into energy-transition projects. At a “CEO Inves
January 8, 2026