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  Korea Zinc clears legal hurdle for $7.4 billion U.S. smelter project SEOUL, December 24 (AJP) - A South Korean court on Wednesday dismissed an injunction filed by Young Poong Group and MBK Partners seeking to block Korea Zinc's landmark investment deal with the U.S. government, paving the way for the world's largest non-ferrous metal smelter to proceed with a $7.4 billion refinery project in Tennessee. The Seoul Central District Court rejected the plaintiffs' request to halt a third-party share allocation that would give the U.S. governme December 24, 2025
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  Kimchi loses ground at home to cheaper Chinese imports, British daily says SEOUL, December 24 (AJP) - South Korea's staple dish, kimchi, is losing ground on price, fueling a surge in imports of Chinese-made kimchi, the Guardian reported earlier this week. The British daily on Monday said, "South Korea imports more kimchi than it exports, and the gap has widened as cheaper Chinese-made products take hold in the domestic market." Figures from the Korea Customs Service show this trend, with kimchi imports totaling US$159.46 million during the December 24, 2025
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  PHOTOS: As Christmas arrives, trees light up a fractured world SEOUL, December 24 (AJP) - As Christmas Day arrives, trees are lit across the world. It is a season that calls, however quietly, for peace and harmony — regardless of heartbreak, loss, grievance or conflict — as people mark the birth of Christ in their own idiosyncratic ways. In Rockefeller Center, the annual tree lighting took place on Dec. 3, as it does every year. Thousands of LED lights pierced the Manhattan night, drawing cheers from December 24, 2025
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  Hate it or not, Coupang remains indispensable to Korean consumers — for now SEOUL, December 24 (AJP) - Coupang is facing intensifying scrutiny from regulators in South Korea and the United States, alongside a growing list of civil and class-action lawsuits. Yet despite mounting criticism over its handling of a massive data breach, the e-commerce group remains deeply embedded in daily life for Korean consumers — from shopping and food delivery to streaming. This week, the South Korean government launched an inter-agency task force to investigate what o December 24, 2025
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  Presidential office to move back to Cheong Wa Dae early next week SEOUL, December 24 (AJP) - President Lee Jae-myung is set to move into the sprawling compound of Cheong Wa Dae in central Seoul early next week, after vacating the current presidential office in Yongsan, his officials said on Wednesday. The relocation of the presidential office comes roughly three years and seven months after former President Yoon Suk Yeol, who was impeached earlier this year, moved it to the nondescript Defense Ministry building in Yongsan on the first day of his December 24, 2025
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  Samsung contains brief smoke incident at Hwaseong plant; no injuries, no production impact SEOUL, December 24 (AJP) - A brief smoke incident was quickly contained at Samsung Electronics’ Hwaseong plant on Wednesday, with no injuries or impact on production, the company said. Local fire authorities received a report at 10:01 a.m. that smoke was detected in a research building, caused by carbonization in a pump unit. Samsung’s onsite emergency team extinguished the source within about 10 minutes before firefighters arrived. Around 120 employees evacuated in December 24, 2025
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  Seoul offers tax incentives to induce capital "reshoring" to prop up local won SEOUL, December 24 (AJP) - South Koreans who shift funds from overseas stocks back into domestic equities over the next year will be exempted from capital-gains taxes, under a new government initiative aimed at correcting capital outflows that have contributed to the structurally weak won. The tax incentive, unveiled Wednesday by the Ministry of Economy and Finance, offers a full exemption on capital gains from overseas stock sales if the proceeds are converted into won and reinve December 24, 2025
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  Children's choir lights candles for Christmas SEOUL, December 24 (AJP) - As the year-end Christmas season arrives, choirs across the country are spreading holiday joy and cheer. Among them, a children's choir at Light and Salt Church in northern Seoul lit candles last week, about a week ahead of Christmas. Through their carols, they prayed that small lights might come together to overcome the darkness, and that their small voices could swell into a thunderous chorus, bringing warmth to the cold winter night. December 24, 2025
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  Korea's Hyundai Motor elevates engineers to C-suite SEOUL, December 24 (AJP) - South Korea's Hyundai Motor Group on Wednesday carried out a reshuffle underlying its renewed focus and command over software-defined mobility capabilities. Jin Eun-sook, Vice President of the ICT Division, was promoted to President to become the first female president in the history of Hyundai Motor Company and the third female leader within the broader group, joining the ranks of top executives at Hyundai Commercial and Innocean. Jin, h December 24, 2025
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  Namyang Dairy heiress arrested for alleged drug use after fleeing abroad SEOUL, December 24 (AJP) - Hwang Ha-na, the granddaughter of the founder of Namyang Dairy Products has been arrested after fleeing abroad, police said on Wednesday. According to police in Gwacheon, Gyeonggi Province, Hwang, 37, arrived at Incheon International Airport earlier in the morning and is currently being questioned over drug-related allegations. She is suspected of having used methamphetamine with two acquaintances in southern Seoul in 2023, again coming under investigation December 24, 2025