ASIA DEEP INSIGHT: The Curtain has risen on the great U.S.-China AI war The U.S.-China summit held in Beijing in May 2026 appeared calm on the surface. President Donald Trump and President Xi Jinping projected an image of management rather than confrontation. In the aftermath of the meeting, both sides reiterated the familiar diplomatic line that “dialogue will continue,” and financial markets responded with a measure of cautious relief. Yet the true significance of this summit lay far beyond the choreography of diplomacy. What unfolded in May 19, 2026

Digital hermitage exhibition opens at Seoul's Oil tank culture park SEOUL, May 19 (AJP) - A digital exhibition of Russia's Hermitage Museum, considered one of the world's three greatest museums, is being held at the Oil Tank Culture Park in Sangam, Mapo-gu, Seoul. On Monday, May 18, diplomatic envoys from 31 countries, including Russia, visited the exhibition featuring majestic masterpieces created over centuries. Russian Ambassador to South Korea Georgy Zinoviev emphasized, "What I want to stress is that this project May 19, 2026

Samsung strike threat highlights widening Korea-U.S. divide in AI-era pay SEOUL, May 19 (AJP) - With memory giants Samsung Electronics and SK Hynix posting operating margins above 70 percent and quarterly chip profits of $25 billion to $35 billion, South Korea's AI-boom windfall has laid bare a compensation system still tethered to the industrial era — and the workers who built it want their share. Marathon government-mediated labor talks, watched closely by the president, politicians and investors alike, underscore the national stakes: Samsun May 19, 2026

Uniqlo's flagship outlet to return to Seoul's shopping district of Myeong-dong SEOUL, May 19 (AJP) - Japanese fast-fashion brand Uniqlo is returning to Seoul's major shopping district of Myeong-dong later this week. The reopening of its Myeong-dong outlet, slated for Friday, comes after most of its stores gradually exited the market about five years ago except for a few key locations, due to South Koreans' boycott of Japanese products over historical spats between the neighboring countries, compounded by declining sales during the coronavirus pan May 19, 2026

Korea's bond and currency retreat deepens rate hike bias SEOUL, May 19 (AJP) - South Korean bonds and currency took a renewed beating amid broad strengthening in the greenback and a global debt retreat amid jitters over government borrowing to finance war costs and inflation risks with little sign of the Gulf crisis abating. Long-dated sovereign bonds across major economies — including the United States, Japan, and the United Kingdom — have hit levels unseen in two to three decades. And Korean bonds rank among the worst pe May 19, 2026

Kazakhstan's President Tokayev urges digital alliance among Turkic states SEOUL, May 19 (AJP) - President of Kazakhstan Kassym-Jomart Tokayev urged member nations of the Organization of Turkic States to build a unified artificial intelligence and digital framework to secure sustainable advancement amid an unstable global environment, the Embassy of Kazakhstan in the Republic of Korea said Tuesday. Speaking at an informal summit in the city of Turkistan on May 15, Tokayev positioned technological cooperation as a vital tool for economic resilience. The i May 19, 2026

S. Korea launches cyber breach probe panel ahead of law SEOUL, May 19 (AJP) - South Korea's Ministry of Science and ICT launched a statutory committee empowered to investigate major cyberattacks, moving to shore up the country's defenses against an escalating wave of digital intrusions. The cyber breach investigation committee held its inaugural meeting on Tuesday, marking the formal stand-up of a body created under a revised Information and Communications Network Act passed in response to a string of high-profile breaches last y May 19, 2026

OPINION: Beijing summit and structural stabilization of global commerce KARACHI, May 19 (AJP) - The international economic order has entered a period of profound structural transformation, forcing a reassessment of how the world’s two largest economies manage their deep systemic interdependencies. For the past several years, the prevailing consensus across global capitals dictated that the financial and industrial relationship between Washington and Beijing was headed toward a permanent and destructive fracturing. However, the high-stakes Beijing s May 19, 2026

Trump's Taiwan remarks expose diverging security pressures on Seoul and Taipei SEOUL, May 19 (AJP) - U.S. President Donald Trump's ambiguous remarks on arms sales to Taiwan after his summit with Xi Jinping have raised fresh questions about Washington's security commitments in Asia — with different implications for each partner. For Taiwan, the concern is immediate and existential: whether Washington will sustain both political support and arms transfers in the face of Beijing's sovereignty claim. For South Korea, the dilemma is le May 19, 2026

KAIST and Hanwha Solutions develop bio-platform to replace naphtha with waste glycerol SEOUL, May 19 (AJP) - Researchers from Korea Advanced Institute of Science and Technology (KAIST) in South Korea and Hanwha Solutions have developed a bio-platform capable of mass-producing sustainable raw materials for plastics and textiles using waste resources. The newly secured technology aims to replace petroleum-derived naphtha, KAIST said Tuesday. The technology uses waste glycerol, a byproduct of biodiesel production, as a primary raw material. The joint research team engi May 19, 2026