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  Price war at home as K-beauty expands overseas SEOUL, February 04 (AJP) - The quality of K-beauty is no longer in question. With low entry barriers and easy access to standardized ingredients and manufacturing, producing cosmetics has become relatively simple. What now separates winners from losers is speed, packaging, branding and, increasingly, price. As Korean beauty brands continue to expand their global footprint — especially in the United States — competition at home is intensifying around affordability. Whil February 4, 2026
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  Hanwha Ocean's 2025 profit nearly quadruples on LNG carrier, naval ship demand SEOUL, February 04 (AJP) - Hanwha Ocean's operating profit nearly quadrupled in 2025 from a year earlier, driven by strong sales of liquefied natural gas (LNG) carriers and special-purpose vessels. In a regulatory filing on Wednesday, the South Korean shipbuilder reported revenue of 12.69 trillion won ($9.5 billion) for 2025, up 18 percent from the previous year, while operating profit surged 366 percent to 1.11 trillion won. The company attributed the earnings improvemen February 4, 2026
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  Trade chief vows to find 'mutually beneficial' tariff solution with US SEOUL, February 4 (AJP) - Officials from South Korea and the United States have been working closely to come up with a "reasonable solution" to tariff-related issues after U.S. President Donald Trump's abrupt threat last week to raise tariffs, Minister of Trade, Industry and Resources Yeo Han-koo said on Wednesday. While wrapping up his weeklong trip to Washington, D.C., Yeo told reporters that he met with numerous U.S. government officials including representatives fr February 4, 2026
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  Songs and poems told by hands SEOUL, February 04 (AJP) - Poetries were read and choir songs sung, but not aloud at Modu Art Theater in Seodaemun, western Seoul on Feb. 3. At 2 p.m., the 6th Korean Sign Language Day commemorative ceremony, hosted by the Ministry of Culture, Sports and Tourism, began not with applause, but with raised hands, flowing gestures and attentive silence. Each movement carried rhythm. Each pause held meaning. Here, language was not spoken — it was performed. Korea February 4, 2026
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  BTS Comeback D-45: Seoul scrutinizes crowd safety and price gouging SEOUL, February 04 (AJP) - As visitor numbers are expected to rise ahead of BTS’s comeback in March, the Seoul Metropolitan Government has begun reviewing comprehensive measures, including crowd safety management and a crackdown on price gouging. On Wednesday, Seoul Mayor Oh Se-hoon chaired a meeting at 10 a.m. to review key issues surrounding the BTS comeback event and discuss measures to ensure public safety and welcome global fans. During the meeting, officials reviewe February 4, 2026
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  Korea Zinc to develop next-generation battery material for drones, robots SEOUL, February 04 (AJP) - Korea Zinc said on Wednesday it has signed partnerships with two materials companies to develop composite copper foil, a next-generation battery component used for lightweight, high-performance batteries for drones and humanoid robots. The partnered firms are Taesung and Neo Battery Materials Korea. Korea Zinc said the three firms will jointly develop advanced battery technologies using composite copper foil for small mobility applications. Compo February 4, 2026
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  LG Electronics showcases B2B solutions at North American, European trade shows SEOUL, February 04 (AJP) - LG Electronics is participating in major business-to-business trade shows in North America and Europe this week, presenting heating, ventilation and air conditioning systems and commercial display solutions as it seeks to expand its B2B operations. The South Korean electronics maker exhibited HVAC solutions ranging from unitary systems to AI data center cooling technology at AHR EXPO 2026, North America's largest air conditioning trade show, which co February 4, 2026
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  Hyundai Rotem to supply vehicles for light-rail lines in Edmonton, Canada SEOUL, February 04 (AJP) - South Korea's Hyundai Rotem has won a contract to supply light-rail vehicles for all light-rail transit (LRT) lines operating in Edmonton, Canada. The company said on Wednesday it signed a 320 billion won ($240 million) agreement on Monday local time with the City of Edmonton in Alberta to supply high-floor LRT vehicles. The order covers 32 trainsets, each consisting of three cars, with a maximum operating speed of 80 kilometers per hour. The tr February 4, 2026
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  UAE push into digital finance signals shift to nation-level blockchain adoption SEOUL, February 04 (AJP) - The United Arab Emirates is signaling a fundamental shift in the global cryptocurrency market as digital assets enter a "nation-level phase" of adoption, according to Xin Yan, the CEO of blockchain technology company Sign. Yan, whose firm has supported government blockchain initiatives in multiple countries including the UAE, said the transition is marked by a move from experimental pilot programs to systematic execution. This shift is expected February 4, 2026
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  Korean markets enjoy solo record-setting run despite broad Asian retreat SEOUL, February 04 (AJP) – South Korean bourses on Wednesday remained unfazed by broad Asian retreat following overnight Wall Street fall on concerns over disruption in the software sector. The KOSPI pushed onto new territory of 5,300, up 0.8 percent at 5,331.98 as of 11:00 a.m. and the secondary KOSDAQ also up 0.8 percent at 1,153.36. Shares of Hyundai Motor and Kia rose in early trading as their U.S. units reported record sales results. Hyundai Motor’s U.S. subsi February 4, 2026