Coupang enters cloud services market with AI-focused platform

SEOUL, July 03 (AJP) - E-commerce platform Coupang has entered the competitive cloud services arena with the launch of Coupang Intelligent Cloud, or CIC, a rebranded version of the company’s internal artificial intelligence computing infrastructure. The move signals Coupang’s ambitions to expand beyond retail and logistics by positioning itself as a serious player in South Korea’s rapidly growing cloud service sector — a space long dominated by global heavy

July 3, 2025

Korea seeks to address China's export controls on key materials

SEOUL, July 3 (AJP) - South Korea and China held a new round of bilateral supply chain talks in Seoul on Thursday, as the two countries grapple with growing disruptions stemming from Beijing’s tightening export controls on key industrial materials. The meeting brought together senior officials including Kim Jong-chul, director-general for international trade relations at South Korea’s Ministry of Trade, Industry and Energy, and Wang Liping, his counterpart from China&rsq

July 3, 2025

PHOTOS: Lee's first press conference as president

SEOUL, July 03 (AJP) - President Lee Jae Myung, who took office a month ago, held his first news conference as president on Thursday at the Yeongbingwan, the state guest house of Cheong Wa Dae. The conference offered the public and media a glimpse into his policy priorities and governing style. This is a collection of photographs that captured moments from the conference.

July 3, 2025

President Lee Jae-myung says cutting off dialogue with N. Korea is 'truly foolish'

SEOUL, July 03 (AJP) - President Lee Jae Myung emphasized the importance of diplomacy and communication with North Korea during a press conference held Thursday at the Blue House guesthouse, marking 30 days since his inauguration. "Based on solid South Korea–United States cooperation and coordination, we must work to improve relations with North Korea," Lee said. "Completely cutting off dialogue is really a foolish thing to do." When asked to elaborate on

July 3, 2025

S. Korea enters final phase of minimum wage talks for next year

SEOUL, July 3 (AJP) - South Korea’s Minimum Wage Commission is holding its ninth plenary session at the government complex in Sejong on Thursday to finalize next year’s minimum wage. A final decision could come as early as Thursday night or early Friday morning. The labor side initially demanded a 14.7 percent increase from this year’s hourly wage of 10,030 won ($7.38), proposing 11,500 won. However, it revised its demand down to 11,260 won two days ago during th

July 3, 2025

N. Korea reaffirms nuclear status and blasts S. Korea and US for joint drills

SEOUL, July 3 (AJP) - North Korea issued a sharp rebuke on Thursday to the United States over joint military exercises with South Korea and the deployment of strategic assets in the region, calling them “provocative acts” that aggravate tensions on the Korean Peninsula. In an editorial carried by the state-run Rodong Sinmun, Pyongyang claimed that the U.S. has “repeatedly staged acts of provocation” through combined military drills since the end of the Kore

July 3, 2025

Jungkook sets new records on Spotify as Asia's top solo act

SEOUL, July 03 (AJP) - BTS' Jungkook is breaking new ground on Spotify, achieving chart longevity that no other Asian solo artist has reached before. "Seven," his debut solo single released in July 2023, ranked 69th on Spotify's Weekly Top Songs Global chart for the week of June 20 to 26. The track has now spent 102 consecutive weeks on the chart, the longest run ever for a song by an Asian solo artist. His first solo album, "GOLDEN," released in Novem

July 3, 2025

KCC Group pivots to defense tech, semiconductors as construction falters

Editor's Note: This article is the 25th installment in our series on Asia's top 100 companies, exploring the strategies, challenges, and innovations driving the region's most influential corporations. SEOUL, July 2 (AJP) - As South Korea’s construction industry struggles with a prolonged downturn, KCC Group, once a stalwart of the sector, is reinventing itself through a bold pivot toward advanced semiconductor materials and high-tech defense applications — an

July 3, 2025

K-pop band TXT gears up for July comeback with preview of fourth studio album

SEOUL, July 02 (AJP) - Tomorrow X Together (TXT), often described as BTS' brother band under Hybe, is ramping up excitement for their return with a full preview of their upcoming album, "The Name Chapter: Together," released via Hybe Labels' YouTube channel at midnight Wednesday. The preview offers a glimpse of all eight tracks from the group's fourth studio album, which officially drops on July 21 at 6 p.m. (0900 GMT). The album marks the final chapter in th

July 2, 2025

Reunited BTS members gear up for new album ahead of return next spring

SEOUL, July 2 (AJP) - K-pop boy band BTS will resume group activities next spring with the release of a new album, as all seven members recently reunited after completing their mandatory military service. During a live-streamed event on their platform on Tuesday, the first since their reunion last month, they shared their upcoming plans with fans. "We'll soon start working on the album," said leader RM. "We plan to release it by spring, definitely before summer

July 2, 2025