Latest
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Turkey picks SK Plasma as partner in drive for domestic plasma-derived medicines
SEOUL, November 25 (AJP) - South Korea's SK Plasma has been selected as the technology export partner for Turkey’s national initiative to localize production of plasma-derived medicines, with the firm set to build a plasma fractionation facility through a new joint venture. The company said Tuesday it signed a shareholder agreement in Ankara with the Turkish Red Crescent to establish a joint venture, Proturk, and construct a plasma fractionation plant — its secon
November 25, 2025
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Korea targets Arctic route cooperation in talks with Denmark, UK
SEOUL, November 25 (AJP) - South Korea is sharpening its focus on Arctic shipping corridors as it launches a weeklong maritime diplomacy effort in Denmark and the United Kingdom, aiming to expand cooperation on emerging polar routes and secure broader international backing for its maritime agenda. The Ministry of Oceans and Fisheries said Tuesday Minister Jeon Jae-soo will meet Denmark’s Minister for Industry, Business and Financial Affairs on Nov. 26 to sign memorandums o
November 25, 2025
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Sitcom at 70 and stage at 90, Korea's eternal actor Lee Soon-jae
SEOUL, November 25 (AJP) - "I'm forever indebted to you," 90-year-old actor Lee Soon-jae told television viewers on Dec. 31 last year after becoming the oldest recipient of the KBS top acting award in 2024. Since his debut in 1957, he appeared in more than 100 TV dramas, embracing any role — comedy, historical epic, classical theater — so long as he could act. Lee, who passed away on Nov. 25 at age 91, was a “born actor” who never feared c
November 25, 2025
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Asian markets ride on Google-powered U.S. tech rally
SEOUL, November 25 (AJP) - Asian markets climbed Tuesday on another AI-driven rally from the United States — this time powered by Google’s late-cycle breakthrough with Gemini — lifting semiconductor shares across the region. The benchmark KOSPI was up 1.2 percent at 3,892 as of 10:30 a.m., tracking overnight rebounds in the Nasdaq and the Philadelphia Semiconductor Index. Gains were capped ahead of the Bank of Korea’s Monetary Policy Board meeting on Thursd
November 25, 2025
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Ultra-fine dust advisory issued for Seoul
SEOUL, November 25 (AJP) - An ultra-fine dust advisory has been issued for the Seoul metropolitan area overnight, the Seoul Research Institute of Public Health and Environment said on Tuesday. Such advisories are issued when the hourly average concentration of PM2.5 exceeds 75 µg/m³ for more than two consecutive hours. PM 2.5, which is about 1/30th the size of a human hair, can pass through the filters of the human respiratory system, causing greater harm to the body th
November 25, 2025
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Naver Financial, Dunamu to merge in $13.5 billion deal creating Korea's fintech giant
SEOUL, November 25 (AJP) - Naver Financial, the country's top mobile payment provider, and Dunamu, operator of South Korea's largest cryptocurrency exchange Upbit, will merge in a landmark deal valued at around 20 trillion won ($13.5 billion). The boards of both companies are set to convene on Wednesday to approve the merger, with a joint press conference scheduled for Thursday at Naver's headquarters in Seongnam, south of Seoul. The combined entity would become Korea
November 25, 2025
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Kia's EV6 GT outperforms Model Y, Polestar 4 in German magazine's comparison test
SEOUL, November 25 (AJP) - Kia’s high-performance EV6 GT has topped a comparative test by German automotive magazine Auto Motor und Sport, outperforming Tesla’s Model Y and the Polestar 4, the company said Tuesday. The publication, one of Germany’s most influential auto outlets, assessed the three models across seven categories: body, safety, comfort, powertrain, driving performance, environmental performance, and cost. The EV6 GT scored 597 points overall, ahe
November 25, 2025
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South Korea's central bank widely expected to freeze rate at Thursday's meeting: Survey
Bank of Korea Governor Lee Chang-yong at the Oct. 23 monetary policy meeting/ Photo by Joint Press Corps SEOUL, November 25 (AJP) - The Bank of Korea is widely expected to keep its benchmark interest rate unchanged at 2.50 percent at its final policy meeting of the year, slated for Thursday, as it prepares to lift growth projections for both 2024 and 2025. The anticipated hold comes amid firmer economic activity and persistent concerns over a weak won, rising home prices and el
November 25, 2025
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Seoul, Ankara agree to strengthen cooperation in defense, nuclear energy
SEOUL, November 25 (AJP) - President Lee Jae Myung met with Turkish President Recep Tayyip Erdoğan in Ankara on Monday, where the two leaders agreed to enhance cooperation across various sectors. In a joint press conference after their talks, Lee began his remarks by saying that this year marks the 75th anniversary of Turkey's participation in the Korean War (1950–1953), referring to the country as a "brother nation." He added, "Bilateral relations have st
November 25, 2025
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KAIST expands national science outreach programs
SEOUL, November 25 (AJP) - The Korea Advanced Institute of Science and Technology (KAIST) said on November 25 that it is expanding its major public science programs, including the KSOP education initiative, the OPEN KAIST festival, and non-degree IT and AI training programs for young adults and military personnel. The institute said these efforts support national policies to broaden science culture, strengthen future talent pipelines, and reinforce South Korea’s scientific comp
November 25, 2025