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World-OKTA to host K-pop charity concert marking 45th anniversary
SEOUL, March 05 (AJP) - The World Federation of Overseas Korean Traders Associations (World-OKTA) will hold a K-pop charity concert on April 1 at KBS Arena Hall in Seoul to mark its 45th anniversary, the organization said. The event, titled "OK Live Concert," represents the trade group's first official cultural project since its founding in 1981. World-OKTA operates about 140 chapters across 70 countries and has focused primarily on supporting Korean businesses abroad
March 5, 2026
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SK chief to attend at Nvidia's annual AI conference in San Jose
SEOUL, March 5 (AJP) - SK Group chairman Chey Tae-won will attend Nvidia's annual GTC conference for the first time slated to be held in the U.S. later this month, according to industry officials. Chey is expected to meet Nvidia CEO Jensen Huang at the conference to be held from March 16 to 19 in San Jose, where industry leaders, developers, and researchers convene to discuss the latest technological trends. Chey is likely to discuss broader cooperation on AI infrastructure
March 5, 2026
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South Korean researchers develop wireless electronic patch for real-time blood flow monitoring
SEOUL, March 05 (AJP) - Researchers at South Korea's Advanced Institute of Science and Technology have developed a wireless wearable electronic patch capable of measuring blood flow in real time. The device uses deep learning and multilayer thermal sensing to monitor cardiovascular health without invasive procedures. This technology provides a potential tool for the early detection of cardiovascular diseases and continuous monitoring of patients in clinical settings. Blood flo
March 5, 2026
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South Korean stocks roar back, up 12% on opening bell
SEOUL, March 5 (AJP) – An epic rebound followed an epic downfall for South Korean shares as they opened Thursday 12 percent, instantly erasing the largest-ever collapse of the same scale a day earlier. As of 9:23 a.m., the benchmark KOSPI soared 11.5 percent to 5,684.53, while the tech-heavy KOSDAQ climbed 11.45 percent to 1,090.52. After two consecutive sessions that triggered sell-side sidecars, the opposite sidecar — on the buy side — was activated shortly aft
March 5, 2026
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Kim Jong-un inspects missile tests from new destroyer
SEOUL, March 5 (AJP) - North Korean leader Kim Jong-un has visited a shipyard in Nampo for a new destroyer and oversaw the test-firing of strategic cruise missiles from the vessel, state media reported on Thursday. According to the state-run Korean Central News Agency, Kim, accompanied by key military and party officials, conducted a two-day inspection of the 5,000-ton Choe Hyun on Tuesday and Wednesday to "observe its crew members' combat and political training and
March 5, 2026
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Korea's FX reserves rise in Feb on debt issue amid war-time volatility
SEOUL, Mar 05 (AJP) - South Korea’s foreign exchange reserves increased for the first time in three months in February, helped by a $3 billion overseas debt issuance aimed at bolstering ammunition to stabilize the Korean won against major currencies. However, questions remain over how long the increase can be sustained, with the local currency hovering near crisis-era levels in the war aftermath. Foreign reserves rose $1.72 billion from the previous month to $427.67 billion
March 5, 2026
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AI meets Realpolitik: How the U.S.–Anthropic rift turned a drone strike into a tech crisis
SEOUL, March 05 (AJP) - In the latest contradiction from Washington, President Donald Trump last Friday ordered federal agencies to “immediately” stop using what he called the “radical-left” artificial intelligence systems developed by Anthropic, while the U.S. defense secretary labeled the company a risk to “national security.” Only hours later, the president authorized Operation Epic Fury. Within days, the very system Washington had just deno
March 5, 2026
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Seoul may send charter or military planes to bring home Koreans from Middle East
SEOUL, March 05 (AJP) -Seoul is mulling to send chartered planes and military transport aircraft to bring home South Korean nationals stranded across the Middle East as commercial flights remain disrupted by the escalating conflict between the United States and Iran, government officials said Wednesday. Second Vice Foreign Minister Kim Jina said the government is reviewing multiple options, including dispatching aircraft and additional rapid-response teams, to assist citizens att
March 5, 2026
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AW 2026 opens as showcase of AI-native manufacturing innovation
SEOUL, March 04 (AJP) - The present and future of manufacturing innovation led by autonomous manufacturing and physical AI gathered in one place. AW 2026 (Smart Factory & Automation World) opened at COEX in Samseong-dong, Seoul, on March 4, presenting the largest-ever exhibition with 453 companies from 24 countries and 2,300 booths. From humanoid robots and smart logistics to AI factory special pavilions, the event showcasing a convergence of intelligent automation technologie
March 4, 2026
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Asian markets in second rout while Seoul bourses suffer worst collapse
SEOUL, March 04 (AJP) - The spiraling war in the Middle East sent shockwaves across Asian markets Wednesday, triggering a historic collapse on the Seoul bourse. Global energy markets remained volatile as tensions centered on the Strait of Hormuz — a critical artery for global oil shipments — fueled fears of supply disruptions and renewed inflation pressure. The narrow waterway carries roughly one-fifth of the world’s seaborne crude and serves as a key route for ene
March 4, 2026