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  Winter Olympics '26: Korean snowboarders advance halfpipe finals as Asian nations add medals SEOUL, February 12 (AJP) - Korea made Olympic history in snowboard halfpipe as Choi Ga-on and Lee Chae-un both advanced to the finals in the qualification rounds at the XXV Olympic Winter Games Milano Cortina 2026. Competing at the Livigno Snow Park in Italy, Choi placed sixth overall in the women’s qualification among 24 riders, earning 82.25 points in her opening run to rank third at one stage. The 17-year-old executed a 4.2-meter aerial during her routine. The event was t February 12, 2026
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  CJ CheilJedang apologizes over alleged sugar price-fixing, quits industry body SEOUL, February 12 (AJP) - South Korea's largest sugar maker CJ CheilJedang has issued a formal apology, saying it will immediately quit the Korea Sugar Association following the Fair Trade Commission’s imposition of a combined 408.3 billion won in fines on three sugar makers for alleged price-fixing. In a statement on Thursday, the company said it "deeply apologizes for causing concern to customers and consumers” and pledged swift corrective measures, acknowl February 12, 2026
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  Korean Air advances space ambitions with successful satellite antenna test SEOUL, February 12 (AJP) - Korean Air has successfully completed a development test of a large deployable satellite antenna system in partnership with the Korea Institute for Defense Technology Promotion, marking a step forward in its efforts to expand into next-generation space technologies. The airline said Friday the test, conducted last month at the CAMTIC Institute of Technology in Jeonju, involved a 5-meter-class antenna deployment system developed under a defense core tec February 12, 2026
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  South Korea to participate in annual multinational military exercise in Thailand SEOUL, February 12 (AJP) - South Korea will take part in a multinational combined exercise set to be held in Thailand next week, according to military authorities. About 390 South Korean Navy personnel and marines are set to depart the southern port city of Busan on Thursday to participate in "Cobra Gold," the largest multinational combined exercise held annually in Thailand since 1982 and hosted by U.S. Indo-Pacific Command. Scheduled for Feb. 23 to March 6, this yea February 12, 2026
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  Chip surge pushes KOSPI past 5,400 amid broader Asian gains SEOUL, February 12 (AJP) – Major Asian stock markets advanced on Thursday, led by semiconductor shares after strong gains in U.S. chipmakers boosted optimism about the sector, while Japanese equities extended their rally. Shares of U.S. memory chipmaker Micron Technology surged nearly 10 percent overnight after the company said it was supplying sixth-generation high-bandwidth memory (HBM4) chips to Nvidia without disruption, quelling speculation it had been excluded from the February 12, 2026
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  NHN returns to annual profit as Q4 earnings hit record high SEOUL, February 12 (AJP) - South Korea’s NHN Corp. reported record quarterly revenue and operating profit in the fourth quarter, supported by broad-based growth across its core businesses and improved profitability. In a regulatory filing Thursday, NHN said consolidated revenue for the October–December period rose 6.5 percent from a year earlier to a record 685.7 billion won ($480 million), while operating profit surged 120.5 percent to 55.1 billion won, also the hig February 12, 2026
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  Teen snowboarder reaches men's halfpipe final SEOUL, February 12 (AJP) - With this year's Winter Olympics underway in Cortina d'Ampezzo and Milan, teen snowboarder Lee Chae-un finished ninth in the qualifying round of the men's halfpipe on Wednesday, becoming the first South Korean man to reach the final. He is now set to compete in the final round in the alpine town of Livigno in northern Italy on Thursday, where the top 12 snowboarders will vie for medals. At the 2022 Beijing Olympics, Lee competed as South K February 12, 2026
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  Court set to rule on former interior minister over alleged martial law involvement SEOUL, February 12 (AJP) - Former Interior and Safety Minister Lee Sang-min is set to be sentenced on Thursday for his alleged role in disgraced former President Yoon Suk Yeol's martial law debacle. The Seoul Central District Court is scheduled to deliver its verdict at 2 p.m., in a trial broadcast nationwide. Lee is accused of aiding Yoon's declaration of martial law on Dec. 3, 2024 by instructing police and fire agencies to cut off power and water to media outlets on Yo February 12, 2026
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  Kakao's profit jumps 48 percent in record year, plans AI push in 2026 SEOUL, February 12 (AJP) - South Korea’s Kakao Corp. said Thursday its annual revenue exceeded 8 trillion won for the first time last year, with operating profit surging on stronger platform performance and improved cost efficiency. In a regulatory filing, the company said consolidated revenue for 2025 rose 3 percent from a year earlier to a record 8.1 trillion won, while operating profit jumped 48 percent to an all-time high of 732 billion won. Fourth-quarter revenue February 12, 2026
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  Ukraine War in 5th Year: Seoul urged to take "pragmatic" postwar posture *Editor's Note: As Russia's invasion of Ukraine nears its fifth year, AJP reviews how the war began, how it has evolved, and where it is heading — and asks the most urgent question of all: will it end? The third installment examines a practical post-war strategy for Seoul. SEOUL, February 11 (AJP) - When Vladimir Putin recently spoke of "positive capital" in ties with Seoul while receiving the credentials of South Korea's new ambassador, Lee February 12, 2026