Latest
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Asian markets in modest gains Friday ahead of BOJ rate decision
SEOUL, December 19 (AJP) - Asian equity markets were moderately up early Friday as they await the rate decision from the Bank of Japan. In South Korea, the KOSPI was trading 0.4 percent up at 4,011 as of 10:30 a.m., retracing some of its earlier gains after rebounding 1 percent to track overnight Wall Street rise. Institutional investors led the buying with net purchases of 94 billion won, while retail investors added 33.8 billion won ($23 million). Conversely, foreign investor
December 19, 2025
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Safety measures to be heightened in Seoul's crowded areas during holiday weeks
SEOUL, December 19 (AJP) - A set of safety measures for crowded areas will be enforced during the holiday season, the Seoul Metropolitan Government said on Friday. Security and patrols will be beefed up at about a dozen locations including Seoul's major shopping and entertainment districts of Myeong-dong, Seongsu-dong, Itaewon, and areas near Hongik University, as they are expected to be crowded around Christmas and New Year's Eve. The city government said with it will fo
December 19, 2025
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South Korea to support Egypt's customs system upgrade
SEOUL, December 19 (AJP) - The Korea Customs Service (KCS) said Friday Commissioner Lee Myung-gu has signed a memorandum of understanding with Ahmed Amawy Robin, head of the Egyptian Customs Authority, to advance the customs system in Egypt. The agreement, concluded in Cairo, is part of South Korea’s official development assistance (ODA) efforts to modernize customs operations in partner countries. The KCS said it will support automation of Egypt’s express cargo logi
December 19, 2025
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Retail investors struggle overseas as brokerages reap record fees
SEOUL, December 19 (AJP) - Nearly half of South Korean retail investors trading overseas stocks are losing money, with average profits per account falling sharply from a year earlier, the country’s financial watchdog said on Friday. The Financial Supervisory Service (FSS) said that as of the end of August, 49.3 percent of individual investors’ overseas stock trading accounts were in loss-making territory. Average profit per account dropped to about 5
December 19, 2025
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Korea ramps up inbound marketing to boost regional tourism
SEOUL, December 19 (AJP) - As countries intensify competition for foreign visitors, the Korea Tourism Organization (KTO) has turned to a comprehensive inbound marketing strategy as its key solution. Moving beyond conventional promotion, the approach offers end-to-end support — from product development and overseas distribution to global network linkage — with the aim of bringing regional tourism content onto the global stage. According to the KTO's October inboun
December 19, 2025
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South Korean coach leads Viet Nam to victory in men's football at SEA Games
SEOUL, December 19 (AJP) - Viet Nam's under-23 national team, led by South Korean coach Kim Sang-sik, won the men's football tournament at this year's Southeast Asian (SEA) Games. At the biennial multi-sport event featuring 11 Southeast Asian countries, Viet Nam came from behind in a dramatic fashion to beat host Thailand 3-2 in extra time in the final match in Bangkok on Wednesday, reclaiming the victory for the first time since 2021. The latest triumph comes after V
December 19, 2025
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OPINION: Why Korea Zinc's US smelter deal makes strategic sense
SEOUL, December 19 (AJP) - Korea Zinc recently signed a strategic partnership with the U.S. Department of Defense and the U.S. Department of Commerce, agreeing to pursue a joint investment to build a large, integrated smelter in Tennessee. The U.S. administration has increasingly treated critical minerals as strategic assets essential to national defense and economic security, elevating supply self-reliance and trusted supply chains to top policy priorities. Against that back
December 19, 2025
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Kookmin University undergraduates publish SCI paper through UROP research
SEOUL, December 19 (AJP) - Two undergraduate students at Kookmin University have published a research paper in an international SCI-indexed journal after participating in the university's Undergraduate Research Opportunities Program (UROP), highlighting the growing role of hands-on research in undergraduate education. Kim Min-su and Lee Jeong-hun, students in the Department of Nanoelectronics and Physics, recently published a paper in Materials, an international journal publis
December 19, 2025
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OPINION: A Periodic Table war at play
The world is already in a war — just not the kind most people picture. There are no gunshots, troop movements or televised front lines. Yet its outcome will shape industrial competitiveness and long-term national resilience. The battlefield is the periodic table. This “periodic table war” is the intensifying global competition for the elements that underpin modern industry and technology: copper, lithium, nickel, cobalt, manganese, graphite, rare earths, ga
December 19, 2025
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Kakao releases advanced AI language model Kanana-2 as open source
SEOUL, December 19 (AJP) - South Korea's Kakao Corp. said on Friday it has released its next-generation large language model, Kanana-2, as open source. The company said it published the in-house model on Hugging Face, adding that the release showcases technology optimized for building AI agents capable of understanding context and executing tasks autonomously. Kakao began unveiling its Kanana model lineup last year and has since released successive versions as open sourc
December 19, 2025