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  Coupang censured by Korean president as founder-chair stays silent SEOUL, December 02 (AJP) - Coupang’s management came under heavy fire from lawmakers and direct censure from the Korean president on Tuesday, after the country’s largest-ever data breach — affecting virtually all of its 33.7 million customers — went undetected for nearly five months. Shares in Coupang, listed on the Nasdaq, slid more than 5 percent on the first trading day after the disclosure, paring part of the 28 percent gain built earlier this year. JPM December 2, 2025
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  North Korea stresses strong ties in commemorative letter to Laos on 50th anniversary SEOUL, December 2 (AJP) - North Korean leader Kim Jong-un sent a congratulatory letter to Laos on the 50th anniversary of its national founding, emphasizing the longstanding ties between the two countries. According to the state-run Korean Central News Agency, Kim expressed confidence in the continued development of friendly cooperation between the two countries in his letter to Lao President Thongloun Sisoulith. A floral tribute was also delivered through the North Korean December 2, 2025
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  Korean auto parts firms follow global automakers to pull back from China SEOUL, December 02 (AJP) - South Korean auto parts suppliers are taking steps to restructure their supply chains as global automakers scale back operations in China. The rapid shift toward electric vehicles (EVs) in the Chinese market and rising export costs triggered by tariffs are pushing companies to seek new manufacturing bases. According to industry officials, wheel-bearing producer A Corp. earlier this year relocated part of its Jiangsu, China, plant to Gyeongju in sout December 2, 2025
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  CJ CheilJedang strikes retail partnership with Thailand's largest store operator SEOUL, December 02 (AJP) - CJ CheilJedang has signed a supply agreement with Thailand’s largest retailer, CP Extra. CP Extra operates more than 2,700 outlets under its Makro wholesale chain and Lotus supermarkets, providing CJ CheilJedang with broad access to Thailand’s mainstream retail channels. The partnership will target increased sales of Bibigo fried noodles, kimchi, dumplings, K-street foods and Korean-style sauces. Makro will handle bulk and B2B-oriented p December 2, 2025
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  Asian markets open mixed SEOUL, December 2 (AJP) - Asian markets opened mixed on Tuesday, with South Korea's benchmark KOSPI up 1 percent at 3,960.75 and the junior KOSDAQ down 0.8 percent at 915.37. Shares of Samsung Electronics rose 0.8 percent to 101,600 won (US$69), and SK hynix gained 2.7 percent to 552,500 won. Among the top 10 companies in terms of market capitalization, all were trading higher except for LG Energy Solution, which edged down 0.2 percent to 412,000 won. Automakers led the gains December 2, 2025
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  PHOTOS: Following the tracks, following the taste (Gwangju) – 1 – SEOUL, December 2 (AJP) - For centuries, this region has been known for its food. With fertile fields and access to clean coastal waters, it offered ingredients from both land and sea, and its generous use of fermented seasonings created dishes with depth and warmth. This is Jeolla Province, the southern end of the Korean Peninsula. Yongsan Station in the morning still carried the last of the night’s energy. Passing through commuters and stepping onto the KTX December 2, 2025
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  Made-in-Korea brands epitomise the rise of Asia's integrated value chain SEOUL, December 02 (AJP) - A Samsung Galaxy phone can no longer be described as “made in Korea” in any literal sense. Battery materials mined in Indonesia, memory chips manufactured in Korea, components sourced from Japan and final assembly in Vietnam or India all feed into a device that takes weeks to complete and crosses multiple borders before reaching a consumer. The smartphone illustrates how Samsung Electronics has secured its position at the premium end of the g December 1, 2025
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  K-pop may have to lose the "K" as it sits as a genre, not a category SEOUL, December 02 (AJP) - K-pop has broken a historic barrier at the Grammy Awards — one of the highest measures of global music recognition — entering a "Big Four" category for the first time. Since the Grammys began in 1959, no Korean artist had ever been nominated in any of the major categories. That changed when the Recording Academy announced its 68th Grammy nominees in early November, naming BLACKPINK's Rosé, the OST "Golden" from December 1, 2025
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  South Koreans attempt catchup in AI race between U.S.–China with early-adoption strategy SEOUL, December 02 (AJP) - South Koreans are the world’s second largest paid users of ChatGPT after Americans and six out of ten young employees daily incorporate AI assistance for their tasks, which explains why AI frontier players Nvidia and OpenAI value Korea as a crucial market despite its humble standing between superpowers U.S. and China. Despite its IT advances and heavy R&D spending ratio against GDP, South Korea has not a single domestically developed model to boa December 1, 2025
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  PHOTOS: South Korea enters winter season SEOUL, December 1 (AJP) – South Korea is entering the full winter season, with cold northern air sweeping across the country. Seoul’s morning low stood at 3.7 degrees Celsius on Sunday, a drop of 6 degrees from the previous day. Signs of winter have begun to appear across the capital as well. The Korea Meteorological Administration (KMA) said a stronger surge of cold air from the north will bring a pronounced cold wave from the middle of the week, with brisk winds furt December 1, 2025