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  Korea's producer prices accelerate as fuel and chip cost jump SEOUL, December 19 (AJP) -South Korea’s producer prices accelerated in November despite easing international commodity prices, driven by a weaker won and a spike in semiconductor production costs. The producer price index (PPI) rose 0.3 percent from the previous month to 121.31 in November (2020 = 100), extending gains since September, the Bank of Korea said. From a year earlier, the index increased 1.9 percent, accelerating from a 1.6 percent rise in October. By cat December 19, 2025
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  Seoul, Washington agree to 'speed up' implementation of bilateral agreements SEOUL, December 19 (AJP) - Some progress appeared to have been made in follow-up talks on the comprehensive joint fact sheet signed between Seoul and Washington last month, which outlines agreements on bilateral trade and security. National Security Adviser Wi Sung-lak, who met with key U.S. officials including Secretary of State Marco Rubio and Energy Secretary Chris Wright earlier this week, reportedly said the two countries agreed to speed up the implementation of the bilateral a December 19, 2025
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  Hyundai Motor Group sees China sales rebound SEOUL, December 19 (AJP) - Hyundai Motor’s operations in China are showing signs of recovery, supported by rebounding domestic sales and a strategy to turn its Chinese plants into export hubs. The pickup in vehicle production is also lifting parts maker Hyundai Mobis, which is on track to surpass 4 trillion won in China revenue for the first time in five years. Beijing Hyundai Motor, Hyundai’s China joint venture, sold 12,016 vehicles in November, up 71.7 percent December 19, 2025
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  As South Korea shrinks, Seoul keeps growing - at the nation's expense SEOUL, December 19 (AJP) -South Korea’s growth potential has slipped below a critical threshold. According to the OECD, the country’s potential growth rate has fallen to 1.9% this year and is projected to drop further to 1.7% next year—less than half the pace recorded in the early 2000s. Among 41 OECD economies, South Korea is expected to rank only 24th next year, trailing not only the United States but also smaller, slower-growing peers such as Australia and December 19, 2025
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  Tax watchdog launches audit of trendy bakery café SEOUL, December 18 (AJP) - The National Tax Service on Thursday launched a special tax audit of trendy bakery café London Bagel Museum, which has come under scrutiny following the death of a young employee in his 20s allegedly due to overwork. According to industry sources, tax authorities raided the café's operator LBM in central Seoul and seized tax-related documents. Specific reasons for the audit were not immediately disclosed, with the tax watchdog saying i December 18, 2025
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  SK hynix wins Intel certification for 256GB DDR5 server DRAM module SEOUL, December 18 (AJP) - SK hynix said on Thursday it has obtained Intel Data Center certification for its 256GB DDR5 registered dual in-line memory module (RDIMM), becoming the first supplier to validate a 32Gb-based high-capacity DDR5 module on Intel’s latest Xeon 6 server platform. The module is built on the company’s fifth-generation 10-nanometer-class (1b) 32Gb DRAM and is designed for data center servers that require higher memory density as artificial intellig December 18, 2025
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  Imported cars win over more South Korean motorists, survey reveals SEOUL, December 18 (AJP) - More motorists are showing increased interest in imported cars, according to a survey by the Korea Automobile Importers & Distributors Association (KAIDA) released on Thursday. The association surveyed about 1,500 motorists and found that the majority of respondents or 66.3 percent held a favorable view of imported cars, while only 4.9 percent gave a negative response. The rest were neutral. The main reasons cited were the growing presence of impo December 18, 2025
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  Hyundai Motor still at the starting line as Tesla races toward autonomous finish SEOUL, December 18 (AJP) - Tesla’s shares surged to a record high last Tuesday on CEO Elon Musk’s renewed push toward fully autonomous robotaxis — a breakthrough that drew cool look at Hyundai Motor’s lag in self-driving technology. Tesla has been testing its robotaxi service in Austin, Texas since early this year. What began as supervised trials has moved further, with Musk signaling over the weekend that vehicles are now operating without a driver in the December 18, 2025
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  Tech slump drags Asian markets lower as investors eye BOJ SEOUL, December 18 (AJP) - Asian equity markets ended broadly lower on Thursday as fallout from an “Oracle shock” weighed on technology shares and investors stayed cautious ahead of the Bank of Japan’s (BOJ) interest rate decision. Most major benchmarks declined, though mainland China’s Shanghai Composite showed relative resilience, appearing largely insulated from weakness in U.S. technology stocks. South Korea’s benchmark KOSPI fell 1.53 percent December 18, 2025
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  Panmunjeom: The Cold War relic awaiting inter-Korean thaw SEOUL, December 18 (AJP) - Located within the Joint Security Area (JSA), Panmunjeom is the historic site where the Korean War armistice agreement was signed in 1953. Today, it remains a unique zone jointly managed by North and South Korea, partitioned by the Military Demarcation Line. While the area currently sits in silence due to strained inter-Korean relations and a total freeze in diplomacy, it remains the primary stage for global attention whenever dialogue resumes on the pen December 18, 2025