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  Korea sees largest monthly stock outflow as foreign funds pivot to bonds SEOUL, December 03 (AJP) - Foreign investors offloaded a net 14.2 trillion won ($9.7 billion) worth of South Korean equities in November, the largest monthly divestment since records began in the 2000s, the International Finance Center (IFC) said in a report on Wednesday. The outflow surpassed the previous highs of 12.9 trillion won logged in March 2020 at the onset of the COVID-19 pandemic and 10.1 trillion won in April this year amid U.S. tariff-related tensions. While foreign December 3, 2025
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  Newcomers to Korean stock markets in roller-coaster ride SEOUL, December 03 (AJP) - Newcomers to South Korea’s stock market are drawing increased warnings from the Korea Exchange (KRX), as freshly listed companies swing sharply in price and trading volume. Samyang Biopharm, which debuted on Nov. 24, was designated an investment-warning issue on Tuesday after its shares overheated in early trading. Nota, listed on Nov. 3, received the same label from Nov. 11 to 25 as AI-themed retail buying sent the stock surging before a rapid pul December 3, 2025
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  Olive Young a must-visit stop in Korea owe 25% of sales to foreigners SEOUL, December 03 (AJP) - A quarter of revenue at CJ Olive Young stores across South Korea now comes from foreign customers, whose purchases surpassed the 1 trillion won ($770 million) mark this year in a sharp illustration of K-beauty’s global pull, the beauty franchise said Wednesday. From January through November, spending by foreign nationals at Olive Young’s offline stores nationwide reached the milestone, marking a 26-fold increase from 2022, when Korea’s December 3, 2025
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  HBM4 becomes the new battleground in Nvidia–Google chip war SEOUL, December 03 (AJP) - The real battle between Nvidia’s GPU-led ecosystem and Google’s rapidly expanding tensor processing unit (TPU) platform and the outcome hinges on how quickly and at what scale the world's top memory makers based in South Korea can keep up in the rollout of next-gen high-bandwidth memory dubbed HBM4. Samsung Electronics that had been laggard in the early-stage HBM race is positioned for an unexpected leap as it accelerates the conversions December 3, 2025
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  Former PPP leader apologizes for martial law debacle, calls for unity to move forward SEOUL, December 3 (AJP) - Han Dong-hoon, former leader of the conservative People Power Party (PPP), apologized for failing to prevent martial law a year ago, urging South Korea to focus on the future. Speaking at a press conference in Yeouido, Seoul, Han said, "We cannot abandon hope for the future because of past mistakes." Recalling how he rushed to the National Assembly to lift martial law shortly after disgraced former President Yoon Seok Yeol declared it, &quo December 3, 2025
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  Korea must devise fundamental youth joblessness approach as AI worsens job market SEOUL, December 03 (AJP) - South Korea must map out a comprehensive youth career program and introduce structural flexibility in working conditions to address the deepening mismatch in its labor market, with AI poised to further worsen job prospects for highly educated young adults – nearly half of whom already unemployed, scholars at home and abroad warn. The share of university graduates among the unemployed reached 49.6 percent in September, up from 47.8 percent in 2024 and December 3, 2025
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  Tesla tops BMW as No. 1 imported car brand in South Korea SEOUL, December 03 (AJP) - Tesla has overtaken BMW to become the best-selling imported car brand in South Korea, industry data showed on Wednesday. The Korea Automobile Importers & Distributors Association (KAIDA) said new registrations of imported passenger vehicles rose 23.4 percent in November from a year earlier to 29,357 units. Cumulative registrations from January to November climbed 16.3 percent to 278,769 units. Tesla led the monthly tally with 7,632 units, outpac December 3, 2025
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  Man arrested for making hundreds of prank calls SEOUL, December 3 (AJP) - A man in his 50s has been arrested for making more than hundreds of false reports with the police over several months. According to police authorities, the man allegedly made 750 false reports and prank calls to emergency hotlines from March until last month, claiming incidents such as finding a weapon linked to an unsolved case and a bus driver operating under the influence. He also reportedly committed theft at local businesses and threatened store owne December 3, 2025
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  Heavy snow advisory issued for Jeju's mountainous areas SEOUL, December 3 (AJP) - A heavy snow advisory was issued for the mountainous areas of the southern resort island of Jeju, the Korea Meteorological Administration (KMA) said on Wednesday. Such an advisory is issued when more than 5 centimeters of snowfall is expected within 24 hours, warning pedestrians and drivers to exercise extra caution. A strong wind advisory also remains in place for most parts of Jeju. Meanwhile, biting cold swept across the country, with morning lows a December 3, 2025
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  South Korea's KB Securities opens Mumbai office to tap India's financial markets SEOUL, December 03 (AJP) - South Korea’s KB Securities has formally opened an office in Mumbai, marking its entry into India’s fast-growing financial market. The new office is located in Lower Parel, positioned between Mumbai’s traditional business center of Nariman Point and the Bandra Kurla Complex (BKC), the city’s financial hub. KB Securities said the branch will focus on exploring investment opportunities and strengthening its presence in India&rsquo December 3, 2025