PHOTOS: What to know about ancient gold crown among lavish gifts to Trump in Gyeongju

SEOUL, October 30 (AJP) - A glittery gold-plated replica of an ancient crown was among the lavish gifts showered to U.S. President Donald Trump during his visit to South Korea for the Asia-Pacific Economic Cooperation (APEC) summit in the southeastern city of Gyeongju this week. The eye-catching replica, symbolizing the summit's venue, once the capital of the ancient kingdom of Silla that flourished for over 1,000 years, was specially crafted by veteran artisan Kim Jin-bae in

October 30, 2025

Chile's President Boric urges deeper partnership with South Korea beyond trade

SEOUL, October 30 (AJP) - Chilean President Gabriel Boric on Thursday called for a broader partnership with South Korea that extends beyond trade and investment, emphasizing shared democratic values, culture, and innovation as the foundation for future cooperation. Speaking at the Korea-Chile Business Forum at the Shilla Hotel in Seoul, Boric said he had traveled nearly 35 hours from Santiago to attend, calling the visit a symbol. "Despite the 18,000 kilometers that separate

October 30, 2025

South Korea begins beef exports to UAE

Korean beef products at a market in Seoul on Oct. 27, 2025/ Yonhap SEOUL, October 30 (AJP) - South Korea has shipped its first beef exports to the United Arab Emirates. The Ministry of Agriculture, Food and Rural Affairs said Thursday that about 1.5 tons of chilled and frozen Korean beef were shipped to the UAE, marking South Korea’s formal debut in the country’s $1.9 billion halal beef market. A ceremony celebrating the inaugural shipment was held at the National Agri

October 30, 2025

South Korea's LS Electric to co-develop power systems for UK data centers

SEOUL, October 30 (AJP) - South Korea’s LS Electric is accelerating its push into the global data center market, forming new international partnerships to strengthen its foothold in advanced power infrastructure. The company said on Thursday that it had signed a memorandum of understanding with Elecsis, a British manufacturer of low-voltage switchboards, to co-develop power systems tailored for data centers in the United Kingdom. Founded in 2001 and based in Bristol, El

October 30, 2025

Lee holds talks with Canadian PM in Gyeongju

SEOUL, October 30 (AJP) - President Lee Jae Myung agreed to expand cooperation in the defense and economic sectors with Canadian Prime Minister Mark Carney during their summit on Thursday on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in South Korea's historic city of Gyeongju. Hailing the North American country as a "key ally," Lee highlighted the special relationship between the two nations, recalling Canada's military support during

October 30, 2025

Hyundai Motor breaks ground on hydrogen fuel cell plant in Ulsan

SEOUL, October 30 (AJP) - Hyundai Motor has begun construction of a large-scale hydrogen fuel cell plant in Ulsan, signaling its ambition to lead the global shift toward clean energy. The groundbreaking ceremony took place at Hyundai’s Ulsan complex, where the new facility will rise on the site of a former internal combustion engine transmission plant. The transformation, company officials said, reflects Hyundai’s commitment to making Ulsan a center for next-generati

October 30, 2025

Samsung heiress' recent move to Yongsan reflects South Korean parents' obsession with education

SEOUL, October 30 (AJP) - Samsung heiress and Hotel Shilla president Lee Boo-jin has reportedly moved back to her home in Seoul's tony district of Yongsan just north of the Han River. Her recent relocation from Daechi-dong in the capital's upscale district of Gangnam clustered with crammers, to the quieter neighborhood appears to be related with her son's graduation from high school. According to industry sources, Lee lived in Daechi-dong throughout her son's mi

October 30, 2025

Seoul draws less risky terms than Tokyo in U.S. investment deal

SEOUL, October 30 (AJP) - South Korea and the United States finalized a long-pending tariff agreement on Wednesday, cementing the structure of Seoul's massive investment framework with Washington. Under the deal, South Korea's $350 billion package will consist of $200 billion in direct cash investment and $150 billion in shipbuilding cooperation aligned with the MASGA (Make American Shipbuilding Great Again) initiative. The agreement upholds a 15 percent tariff r

October 30, 2025

South Korea's LG Chem partners with Germany's ZEISS on holographic windshield displays

SEOUL, October 30 (AJP) - LG Chem said Thursday that it has partnered with German optics maker ZEISS to supply advanced photopolymer film for use in next-generation holographic windshield displays in vehicles. The holographic windshield display, or HWD, projects navigation and entertainment content directly onto the windshield, effectively turning it into a transparent screen. Unlike traditional head-up displays, which show limited data in a small area, the holographic versio

October 30, 2025

KOSPI positive on U.S. concessions, other Asian markets await Trump–Xi meeting

SEOUL, October 30 (AJP) - South Korea’s benchmark KOSPI extended gains early Thursday after Seoul and Washington reached a long-awaited tariff agreement, removing a key bilateral sticking point ahead of a high-stakes U.S.–China summit later in the day, while other Asian markets were on hold as investors awaited direction on broader geopolitical tensions. The KOSPI climbed 0.3 percent to 4,090 as of 10:30 a.m., following confirmation that President Lee Jae Myung and U.S

October 30, 2025