• 
  Korean Air chief donates 100 million won to athletes ahead of Winter Olympics SEOUL, December 15 (AJP) - Hanjin Group chairman and Korean Air president Cho Won-tae on Monday donated 100 Korean million (about US$70,000) to support athletes preparing for the upcoming Winter Olympics in northern Italy in February next year. Cho, who currently serves as Vice President of the Korean Sport & Olympic Committee, toured key facilities at a national team training center in Jincheon, North Chungcheong Province, encouraging athletes including short-track speed skat December 15, 2025
• 
  GM Korea dismisses exit speculation, pledges $300 million investment for 2026 SEOUL, December 15 (AJP) - General Motors (GM) Korea on Monday moved to quell persistent speculation about a market withdrawal, unveiling a sweeping 2026 business strategy that underscores its commitment to both exports and domestic sales. GM Korea held its "GM Korea 2026 Business Strategy Conference" at the Cheongna Proving Ground in Incheon, where executives highlighted the country's pivotal role in the Detroit automaker's global supply chain. The company said it December 15, 2025
• 
  South Korea, US conduct joint anti-terror drill in Seoul SEOUL, December 15 (AJP) - A joint drill between South Korea and the U.S. is underway in Seoul, the Ministry of Foreign Affairs said on Monday. The two-day drill, dubbed "Winter Tiger," which runs Tuesday, is aimed at responding to nuclear and radiological terrorism, involving about 120 officials from both countries. Participants are simulating a radiological terror attack to evaluate emergency response capabilities and cooperation strategies between the two countries December 15, 2025
• 
  SK On expands at home with big bet on LFP amid uncertainty in global battery market SEOUL, December 15 (AJP) - SK On is building a 3-gigawatt-hour lithium iron phosphate (LFP) facility at its Seosan complex in what would become the largest pure-play energy storage system (ESS) production site in Korea, a bold scale-up aimed at catching up with larger domestic rivals seeking to capitalize on power demand driven by AI investment. The facility, designed to roll out ESS capacity sufficient to power 40 to 50 large-scale data centers annually, will mark SK On's first December 15, 2025
• 
  South Korea's SeAH secures long-term aluminum supply deal with Boeing SEOUL, December 15 (AJP) - SeAH Aerospace & Defense Materials, a unit of SeAH Besteel Holdings, said on Monday it has signed a long-term supply agreement with Boeing to provide high-strength aluminum alloy materials for commercial aircraft. Under the deal, SeAH Aerospace will begin supplying aluminum alloys used in aircraft fuselages and wings to the world’s largest aircraft manufacturer from 2026, the company said. Financial terms were not disclosed. The agreement December 15, 2025
• 
  Vehicle-free weekends along Cheonggyecheon Stream to resume after six-month pause SEOUL, December 15 (AJP) - Vehicles will again be banned along the Cheonggyecheon Stream on weekends and public holidays starting on New Year's Day, the Seoul Metropolitan Government said on Monday. The traffic restriction, first implemented in 2005 to improve the walking environment and convenience for pedestrians, will resume after being suspended in July for about six months due to local merchants' complaints about reduced sales. A roughly 450-meter stretch will be c December 15, 2025
• 
  South Korea's Samsung C&T teams up with Polish firm on small modular reactors SEOUL, December 15 (AJP) - Samsung C&T’s construction division said on Monday it has signed a partnership agreement with Poland’s Synthos Green Energy to jointly develop small modular reactor (SMR) projects in central and eastern Europe. The agreement provides for cooperation on SMR development in Europe, including feasibility studies, site selection and environmental impact assessments, starting with projects in Poland. The signing ceremony was attended by December 15, 2025
• 
  Fire at Paju elementary school leaves three injured, hundreds evacuated SEOUL, December 15 (AJP) - A fire broke out at an elementary school in Paju, Gyeonggi Province on Monday. According to fire authorities, the blaze started around noon in the school's second-floor science lab. Firefighters were immediately dispatched to the scene to extinguish the blaze, but three staff members inhaled smoke, with two being transported to the hospital. A total of 307 students and staff were evacuated. Authorities are investigating the exact cause of the fire December 15, 2025
• 
  Asian stocks slide as AI bubble talk resurfaces SEOUL, December 15 (AJP) - Asian markets fell broadly on Monday following a retreat on Wall Street last Friday, as renewed concerns about an “AI bubble” weighed on sentiment after Broadcom shares tumbled 13 percent. South Korea’s benchmark KOSPI was down 1.5 percent at 4,104.44, while the tech-heavy KOSDAQ slipped 0.2 percent to 935.61 as of 10 a.m. Only seven of the 30 largest companies by market capitalization on the main board posted gains. Samsung Electronic December 15, 2025
• 
  [UPDATE] Police Sweep Kakao building following bomb threat; No explosives found SEOUL, December 15 (AJP) - Authorities in South Korea on Monday conducted a large-scale search operation at tech giant Kakao's office building in Pangyo, south of Seoul, following a bomb threat report, but no explosive devices were discovered. Police said a joint team of approximately 70 officials — including police officers, firefighters, and military personnel — was deployed to the site, but no unusual or suspicious findings were reported during the operation December 15, 2025