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  Health supplements, wellness foods emerging as growth driver in food industry: report SEOUL, December 17 (AJP) - South Korea’s wellness food market is expanding rapidly, with rising competition as more companies enter segments ranging from health supplements to protein foods and low-calorie products, KPMG Samjong Accounting Corp. said in a report, Wednesday. In the report titled “Wellness Food Trends and Business Opportunities,” KPMG Samjong said the market is broadly divided into health supplements, protein foods and so-called “lo December 17, 2025
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  North Korean leader visits father's mausoleum SEOUL, December 17 (AJP) - North Korean leader Kim Jong-un visited his father's mausoleum in Pyongyang on Wednesday, state media reported. According to the state-run Korean Central Television, Kim paid his respects around midnight on the 14th anniversary of his father's death at the Kumsusan Palace of the Sun, where his grandfather and regime founder Kim Il-sung and father Kim Jong-il's embalmed bodies lie in state. Accompanied by senior officials and key mi December 17, 2025
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  OPINION: Hyundai Motor and Chung Euisun at the autonomous crossroads The crisis Hyundai Motor faces in autonomous driving is not, at its core, a technological one. Nor is it a matter of insufficient capital or a shortage of talent. The problem is simpler—and more troubling: decisive leadership is being smothered by institutional hesitation. Hyundai’s real competitors today are no longer other carmakers. They are Tesla, Google’s Waymo and Apple—companies that do not merely manufacture vehicles but accumulate data December 17, 2025
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  Canola flowers in full bloom in Jeju SEOUL, December 17 (AJP) - While the mainland is a world of snow and ice with freezing temperatures, a park in Seogwipo, Jeju Island, is blanketed in yellow with canola flowers in full bloom. December 17, 2025
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  South Korea's LS Eco Energy to expand rare earth metals business in Vietnam SEOUL, December 17 (AJP) - LS Eco Energy said on Wednesday its board has approved an investment plan to expand its rare earth metals business in Vietnam, as the South Korean firm seeks long-term growth in strategic materials. The investment, valued at about 28.5 billion won ($21 million), will be funded in part through the sale of treasury shares. LS Eco Energy plans to raise approximately 10.7 billion won by selling 297,303 treasury shares to its largest shareholder, LS Cable & December 17, 2025
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  South Korea 'considers separate agreement with US for nuclear submarines' SEOUL, December 17 (AJP) - South Korea is considering a separate agreement with the U.S. for the construction of nuclear submarines, National Security Adviser Wi Sung-lak said on Tuesday. Upon arriving at Dulles International Airport near Washington, D.C., Wi said that such an agreement would be needed, separately from the comprehensive joint fact sheet signed between the two countries last month, which outlines agreements on bilateral trade and security. Wi then added that he December 17, 2025
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  INTERVIEW: Korea's weak won reflects structural dollar imbalance, not crisis conditions South Korea’s won has weakened past 1,470 per dollar, a level that evokes memories of past currency crises. But strong external fundamentals suggest the current situation differs sharply from previous episodes of financial turmoil, according to Jeon Kwang-woo, chairman of the World Economic Research Institute and a former head of the Financial Services Commission (FSC) and the National Pension Service (NPS). Despite record current account surpluses and a stock market ral December 17, 2025
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  "No Other Choice" , "Golden" enter Oscar shortlists for 98th Academy awards SEOUL, December 17 (AJP) -South Korea has secured two high-profile spots on the Academy Awards shortlists, with “No Other Choice” advancing in the International Feature Film category and “Golden,” from animated feature K-Pop Demon Hunters, shortlisted for Best Original Song, according to the Academy of Motion Picture Arts and Sciences. No Other Choice — a darkly comic thriller that examines moral compromise and social pressure through an ordinary man pu December 17, 2025
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  INTERVIEW: Mongolian envoy anticipates S. Korea's cooperation in key sectors including critical minerals and infrastructure SEOUL, December 16 (AJP) - The Netflix survival entertainment program, "Physical: Asia," recently concluded, became a global hit. Notably, the Mongolian team, competing neck and neck with the Korean team until the final round, demonstrated remarkable strength and resilience truly worthy of the title "Descendants of Genghis Khaan." Their outstanding performance left a deep impression on Korean viewers and strengthened people to people connection between Korea and M December 17, 2025
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  Member-heavy KOSDAQ limps as KOSPI flies on thin venture financing SEOUL, December 16 (AJP) - There is a Korean saying that the younger is better than the elder. That adage hardly applies to the KOSDAQ, which has struggled to outperform its bigger sibling, the KOSPI, even with a steady stream of government stimulus measures. The “younger brother” showed a brief revival in the final two months of the year as foreign investors returned. Overseas investors bought a net 128.7 billion won ($93 million) worth of KOSDAQ shares as of last wee December 16, 2025