Latest
-
Hyundai Motor expands hydrogen truck push in Europe
SEOUL, February 05 (AJP) - Hyundai Motor is stepping up promotion of hydrogen-powered commercial vehicles in Europe and North America, as its hydrogen-electric truck fleet in Europe surpassed 20 million kilometers in cumulative driving, the company said Thursday. The milestone underscores Hyundai’s push to expand hydrogen mobility overseas as governments and logistics companies seek to cut transport emissions. Hyundai’s XCIENT Fuel Cell trucks first entered servic
February 5, 2026
-
Striker Oh Hyeon-gyu signs with Turkish club
SEOUL, February 5 (AJP) - Striker Oh Hyeon-gyu has transferred from Belgium's KRC Genk to Turkey's Beşiktaş JK. According to the Turkish club, he signed a deal running through June 2029 for a transfer fee of 14 million euros. Beşiktaş JK, based in Istanbul, are one of Turkey's most decorated clubs with 16 Turkish Süper Lig titles and 11 Turkish Cup trophies. Oh began his European career in January 2023 with Scottish powerhouse Celtic FC after leaving Suwon S
February 5, 2026
-
KAIST researchers create faster AI chip to speed up YouTube-style recommendations
SEOUL, February 05 (AJP) - Researchers at the Korea Advanced Institute of Science and Technology have developed a new AI chip called AutoGNN that makes digital recommendation systems significantly faster and more energy-efficient. The technology speeds up the way computers analyze complex connections, such as those used to suggest videos on YouTube or detect credit card fraud. Professor Jung Myoung-soo and his team at the Korea Advanced Institute of Science and Technology (KAIST)
February 5, 2026
-
South Korean trade minister urges swift passage of US investment bill
SEOUL, February 05 (AJP) - South Korea’s trade minister Yeo Han-koo on Thursday urged swift passage of a special law to support investment in the United States, warning that delays in the National Assembly risk being misinterpreted in Washington as a lack of commitment. Speaking after returning from Washington, Yeo said progress on the bill has slowed, raising concerns that the United States could see this as reluctance by Seoul to carry out agreed tariff measures. Duri
February 5, 2026
-
Korean conglomerates vow nearly $200 bn over 5 years for regional growth
SEOUL, February 05 (AJP) -South Korea’s major business conglomerates have pledged to invest about 300 trillion won ($186 billion) across non-capital regions over the next five years, responding to President Lee Jae Myung’s call for more inclusive growth and balanced regional development. “As our companies work hard and the economy gradually begins to recover, I hope the fruits of growth will be shared more broadly,” Lee said at a meeting with
February 5, 2026
-
Kim Jae-youl elected to IOC executive board, second Korean to serve on the body
SEOUL, February 05 (AJP) -Kim Jae-youl, president of the International Skating Union and a member of the International Olympic Committee, has been elected to the IOC Executive Board, becoming only the second South Korean to serve on the body. Kim was chosen Tuesday (Korea time) during the 145th IOC Session in Milan, host city of the 2026 Milan-Cortina Winter Olympics. He received 84 votes in favor out of 100 valid ballots, with 10 against and six abstentions. He joins the late Ki
February 5, 2026
-
KOSPI and Samsung Elec tower over Asian bourses
SEOUL, February 04 (AJP) - Korean stocks continued to dominate regional markets on Wednesday, extending their record-setting streak and reinforcing South Korea’s growing influence in Asian equities. Samsung Electronics powered the rally, becoming the first Korean company to surpass 1,000 trillion won ($688 billion) in market capitalization based solely on common shares. The milestone cemented the chipmaking giant’s role as the anchor behind the KOSPI’s push into
February 4, 2026
-
Seoul's FX battle costs $4 bn over the last two months
SEOUL, February 04 (AJP) - South Korea has deployed nearly every tool in its policy playbook to defend the won, which authorities say has weakened “excessively” beyond its fundamentals — a view shared even by the U.S. Treasury secretary. Measures have ranged from pressuring public and private institutions to sell dollar holdings to offering tax incentives aimed at drawing capital back home. Yet despite these efforts, the national coffers have paid a heavy price.
February 4, 2026
-
Knock, knock, spring is here
SEOUL, February 04 (AJP) -“May every household be filled with joy and good fortune throughout the year.” On a quiet Tuesday morning, as winter loosened its final grip, the words of blessing were once again pinned to wooden gates at Namsangol Hanok Village in central Seoul. To mark Ipchun — the first seasonal division of spring — a demonstration of the traditional posting of ipchuncheop unfolded at the village’s main gate. A family born in 1990, th
February 4, 2026
-
South Korea eyes top-10 finish at Milan-Cortina Winter Olympics
SEOUL, February 4 (AJP) - South Korea aims for a top 10 finish with at least three gold medals at this year's Winter Olympics which kick off in Cortina d'Ampezzo and Milan later this week. At the previous Olympics in Beijing four years ago, the country finished 14th, winning two gold, five silver, and two bronze medals. Its most recent top-10 finish came at the 2018 Pyeongchang Games, where it placed seventh overall with five gold, eight silver, and four bronze medals. Th
February 4, 2026