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  Asia leans online while US clings to doorbuster ritual in yearend shopping season SEOUL, November 25 (AJP) - The final three months of the year are the busiest for global retailers, with brands competing for visibility through discounts, clearance deals and year-end promotions. Korea’s “Sale Festa”—the nationwide bargain season running from late October to mid-November—remains modest in scale compared to America’s Black Friday and China’s Singles’ Day, but global reach is widening, powered by the strong performance o November 25, 2025
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  Kim Sei-young climbs back into top 10 of women's golf rankings SEOUL, November 25 (AJP) - Golfer Kim Sei-young has climbed into the top 10 in the Rolex Women's World Golf Rankings, released on Tuesday. It marks her first time among the top-ranked players in three years and five months, as she moved up one spot from 11th last week. Kim's last appearance in the top 10 was in June 2022. Her resurgence came after an impressive LPGA Tour season, winning the BMW Ladies Championship in South Korea last month, her first victory in five yea November 25, 2025
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  South Korean cable producer TMC to tap US boom with IPO funds SEOUL, November 25 (AJP) - TMC, a South Korean industrial cable producer, said Tuesday it will use funds from its planned initial public offering to expand in the United States, aiming to capitalize on what it described as a “supercycle” driven by surging AI-related data demand. “At a time when the cable market has entered a new supercycle, we plan to strengthen our foothold in the expanding U.S. cable industry and secure new growth engines after listing,&rdquo November 25, 2025
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  PHOTOS: Seokpajeong, Seoul's hidden gem where royal history meets tranquil beauty SEOUL, November 25 (AJP) - Seokpajeong, an ancient pavilion with detached traditional residence buildings and gardens in central Seoul, is more than just a historical site, as it serves as a hidden oasis offering a peaceful retreat from the city's bustle. Located in the tranquil district of Buam-dong on the slopes of Mt. Inwangsan, the pavilion is awash in vibrant autumn leaves at this time of year, welcoming visitors with its seasonal beauty. Once used by Gojong, the last ki November 25, 2025
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  Meet my new partner AI: Korea deploys AI on police and defense front SEOUL, November 25 (AJP) - South Korea is rapidly deploying artificial intelligence to reinforce law enforcement, public safety and national defense, accelerating the use of advanced technologies across frontline agencies. Police authorities are increasingly integrating AI into forensics, cold-case investigations and public-safety surveillance, while the Defense Ministry is building a large-scale AI data center equipped with up to 50,000 GPUs to support next-generation defense capab November 25, 2025
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  Hyundai, Kia October sales fall in Europe despite market growth SEOUL, November 25 (AJP) - Hyundai Motor and Kia reported lower vehicle sales in Europe in October even as the regional market expanded, according to data released Tuesday by the European Automobile Manufacturers Association. The two automakers sold a combined 81,540 vehicles last month, down 1.4 percent from a year earlier. Hyundai’s sales slipped 1.4 percent to 41,137 units, while Kia posted a 2 percent decline to 40,403 units. Their combined market share fell to 7.5 November 25, 2025
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  SK's bet on chips pays off as the Korean group eyes $82b milestone exports SEOUL, November 25 (AJP) -Chipmaking — led by high-bandwidth memory (HBM) — accounted for 65 percent of record-setting outbound shipments by South Korea’s SK Group, which is on track to post historic exports of 120 trillion won ($82 billion) this year. Group-wide exports across SK’s portfolio — spanning semiconductors, batteries, energy, and telecommunications — reached 87.8 trillion won between January and September, up nearly 20 percent from November 25, 2025
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  Celltrion secures Korea Eximbank financing for US biosimilar plant acquisition SEOUL, November 25 (AJP) - Korea Eximbank said Tuesday it will provide 350 billion won (about $237 million) in financing to support Celltrion’s acquisition of Eli Lilly’s biosimilar manufacturing plant in the United States. The acquisition is aimed at strengthening the Korean drugmaker’s supply chain and expanding its presence in the world’s second-largest biosimilar market. Celltrion earlier said it will spend a total of roughly 1.4 trillion won on acqui November 25, 2025
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  Kangaroo tribes thrive as Seoul's 30s hit record-low homeownership SEOUL, November 25 (AJP) - Only one in four Seoul residents in their 30s owns a home — the lowest rate on record — fueling the rise of "kangaroo tribes" who cannot afford to move out of their parents' home, let alone imagine starting their own family in a city where apartment prices are nearly three times higher than in other regions. New data released Tuesday by the National Data Portal shows 527,729 households in their 30s in Seoul lived in rental hous November 25, 2025
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  Hanwha Systems expands Gumi plant with new high-tech defense facility SEOUL, November 25 (AJP) - South Korea's Hanwha Systems has opened a new production complex in Gumi, North Gyeongsang Province, following a 2.8 trillion won (approximately $2.1 billion) investment aimed at expanding its next-generation defense and electronic systems capabilities. The company said Tuesday that a completion ceremony was held at the site, with CEO Son Jae-il, local government officials, lawmakers, military officials, and partners among the 250 attendees. Th November 25, 2025