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  • Coupang data breach victims file class action suit in New York seeking punitive damages
    Coupang data breach victims file class action suit in New York seeking punitive damages SEOUL, February 07 (AJP) - Victims of a massive Coupang data breach filed a class action lawsuit in a New York federal court seeking punitive damages from the e-commerce giant and its founder Kim Bom-suk. The suit, filed in the U.S. District Court for the Eastern District of New York, alleges Coupang breached its duty to protect personal data and failed to implement adequate security measures. The data leak affected about 33.7 million customer accounts. Two Korean Americans surna February 7, 2026
  • Bithumb accidentally sends 620,000 bitcoin to users in reward glitch
    Bithumb accidentally sends 620,000 bitcoin to users in reward glitch SEOUL, February 07 (AJP) - South Korean cryptocurrency exchange Bithumb mistakenly distributed 620,000 bitcoin — worth about 244 trillion won ($170 billion) — to 249 users after an employee entered "bitcoin" instead of "won" while processing a promotional reward event. The exchange had intended to give out a total of 620,000 won ($423.5) through its "random box" event on Friday evening, with individual prizes ranging from 2,000 to 50,000 won February 7, 2026
  • Tokyo turns calm as vote day nears, while Asia broadly retreats 
    Tokyo turns calm as vote day nears, while Asia broadly retreats  SEOUL, February 06 (AJP) - The Tokyo bourse held firm on Friday amid a broad retreat across Asia, as foreign investors trimmed exposure following a U.S. technology-sector scare. Japan’s Nikkei 225 rose 0.8 percent to close at 54,253.7, as sentiment steadied ahead of a pivotal snap election this weekend. Japanese voters head to the polls on Sunday, with the outcome expected to shape economic and security policy in the world’s third-largest economy and a key U.S. ally February 6, 2026
  • 2026 F/W Seoul Fashion Week underway at DDP
    2026 F/W Seoul Fashion Week underway at DDP SEOUL, February 06 (AJP) - The 2026 F/W Seoul Fashion Week opened at Dongdaemun Design Plaza (DDP) in Jung-gu, Seoul, on Feb. 3. Running through Feb. 8, the fashion week features fashion shows by 15 brands, a trade show with 92 brands, the Seoul Fashion Forum, and citizen participation programs centered at DDP. Models and the general public freely showcase their fashion around DDP during the fashion week period. Many photographers from across the country also visit DDP to captu February 6, 2026
  • Is dialogue in the offing as UN exempts North Korean aid from sanctions?
    Is dialogue in the offing as UN exempts North Korean aid from sanctions? SEOUL, February 6 (AJP) - The U.N. Security Council (UNSC) has decided to exempt a slew of humanitarian aid projects to North Korea from sanctions, multiple diplomatic sources said on Friday. Some 17 such projects, which had been on hold at the UNSC's sanctions committee on North Korea for about a year, were granted exemptions in a unanimous decision on Thursday, which some analysts interpret as Washington extending an olive branch to Pyongyang. The projects, which sought ext February 6, 2026
  • Seoul sells $3 bn in USD bonds, largest sovereign offering since global financial crisis
    Seoul sells $3 bn in USD bonds, largest sovereign offering since global financial crisis SEOUL, February 06 (AJP) - South Korea on Thursday sold $3 billion in U.S. dollar-denominated bonds in its largest single sovereign offering since the aftermath of global financial crisis, building up the ammunition to defend the local currency while the debt environment remains favorable. According to the Ministry of Economy and Finance on Friday, the government issued $3 billion in foreign exchange stabilization bonds in two tranches: $1 billion in three-year notes and $2 billi February 6, 2026
  • BTS Comeback D-43: How songs come to reshape Koreas global image
    BTS Comeback D-43: How songs come to reshape Korea's global image SEOUL, February 06 (AJP) - When a government survey on South Korea’s global image is released each year, the top name rarely changes. Once again, BTS ranked first in the “2025 National Image Survey of Korea” released late last month by the Ministry of Culture, Sports and Tourism. The ranking itself is familiar. What is changing is what it represents. Jungkook placed sixth overall — the highest among solo artists — February 6, 2026
  • Weverse hits record growth as BTS and BLACKPINK return to global stage
    Weverse hits record growth as BTS and BLACKPINK return to global stage SEOUL, February 06 (AJP) - The return of K-pop’s most influential acts, BTS and BLACKPINK, has fueled a significant surge in user engagement for Weverse, the global fan community platform. According to the 2025 Weverse Fandom Trend report released on February 6, the platform reached several new milestones in user growth and activity over the past year. The resurgence was most visible following the military discharge of BTS members in June last year. New followers for the gro February 6, 2026
  • BTS, ENHYPEN, and SEVENTEEN lead Parrot Analytics global demand rankings for 2025
    BTS, ENHYPEN, and SEVENTEEN lead Parrot Analytics global demand rankings for 2025 SEOUL, February 06 (AJP) - BTS has been named the most popular act in the global entertainment market for 2025, according to a year-end report from Parrot Analytics. The group spearheaded a dominant year for the South Korean entertainment giant HYBE, with labelmates ENHYPEN and SEVENTEEN also securing spots within the top 10. The 2025 annual report, "What Audiences Loved in 2025," ranked BTS at the top of the "Talents of the Year Under 30" category. ENHYPEN too February 6, 2026
  • Back to back in conventional arms, India and Korea have room for alliance
    Back to back in conventional arms, India and Korea have room for alliance SEOUL, February 06 (AJP) - Drones and AI-enabled systems now dominate headlines from modern battlefields. Yet, when wars grind on, they still come down to firepower. A recent study by the Royal United Services Institute and the Open Source Centre estimated that Russian artillery accounts for roughly 70 percent of Ukrainian casualties. The Council on Foreign Relations similarly notes that artillery remains the “king of battle,” responsible for about 80 percent of casualti February 6, 2026