Latest
-
Final hearing underway for impeached president's insurrection charge
SEOUL, January 9 (AJP) - The final hearing in disgraced former President Yoon Suk Yeol's trial over charges of insurrection and abuse of power is underway in southern Seoul on Thursday, with attention focused on the sentence prosecutors are expected to seek. The hearing for Yoon's botched Dec. 3 declaration of martial law last year began at the Seoul Central District Court around 9:20 a.m. It is set to be followed by related cases involving seven other officials, includ
January 9, 2026
-
OPINION: Religion is not sanctuary
For centuries, religion has served as a moral compass, illuminating the inner lives of individuals and offering communities a shared ethical horizon. Through faith, people have asked the most enduring human questions—about meaning, suffering, and responsibility to one another. At its best, religion has nurtured solidarity and restrained power. But something changes when religion begins to orbit power and capital. Faith loses its sacred gravity, and institutions begin to mist
January 9, 2026
-
Foreign investors' appetite for South Korean stocks recovers
SEOUL, Jan. 9 (AJP) - Foreign investors returned to the South Korean stock market, net purchasing over 9 trillion won in December alone, according to data released by the Financial Supervisory Service (FSS) on Friday. Foreigners snapped up 1.52 trillion Korean won (US$1 billion) in stocks and 7.89 trillion won in bonds, marking a decisive return after a brief retreat in November last year. The appetite was concentrated on the KOSPI, with net purchases totaling 1.67 trillion won
January 9, 2026
-
CES 2026: Hyundai Motor Group unveils in-house AI chips for robotics
LAS VEGAS, January 09 (AJP) -South Korea’s Hyundai Motor Group has developed an in-house artificial intelligence chip for its mobility platform, extending its ambitions in robotics and so-called “physical AI.” Hyundai Motor and Kia said they have completed development of an on-device AI chip for robots and are preparing for mass production, marking a strategic shift toward greater vertical integration in next-generation mobility technologies. The automakers&rsqu
January 9, 2026
-
OPINION: Why FX stability is a must for South Korea
South Korea is one of the world’s most open economies, with trade accounting for roughly 75% of GDP, and it depends entirely on imports for energy. In this structure, exchange-rate stability is not merely an economic policy issue but a matter of national resilience. When the won weakens, import prices rise, energy and raw-material costs surge, and pressure mounts on both corporate competitiveness and household finances. The won–dollar exchange rate has recently st
January 9, 2026
-
OPINION: The won's slide is about confidence, not crisis
The won traded around 1,360 per U.S. dollar when the Lee Jae Myung government took office in early June 2025. It weakened into the 1,470s in November and the 1,480s in December. Although it has since eased back to the 1,440s, the exchange rate — along with real estate — has emerged as one of the most visible risk factors confronting the new administration. A high exchange rate itself is not new. The won remained weak throughout the Yoon Suk Yeol government. What req
January 9, 2026
-
S. Korean startups urged to rethink global scale-up as a process of repetition and trust
LAS VEGAS, January 08 (AJP) - “Global-ready is not about translating slides into English,” one Silicon Valley investor said. “It is about proving demand, again and again.” That message shaped discussions on Korean startups’ global expansion at the AJP Global Innovation Growth Summit 2026 (GIGS 2026), held on Jan. 7 (local time) at the Planet Hollywood Hotel in Las Vegas. Investors stressed that success in overseas markets is determined less by techn
January 8, 2026
-
Seoul opens 'climate shelters' for rest during extreme weather
SEOUL, January 08 (AJP) - Seoul has rolled out a network of “Climate Companion Shelters” to protect residents from extreme weather, offering rest and evacuation spaces during cold waves and heat waves. The program aims to reduce weather-related health risks by providing easily accessible refuges across the city. The city has established 450 shelters in partnership with the private sector, focusing on facilities commonly used in daily life, including convenience stor
January 8, 2026
-
Busan revives as a global tourist magnet
SEOUL, January 08 (AJP) - Busan, South Korea’s second-largest city after Seoul, is enjoying a tourism revival as its beach-rich coastline draws a record number of foreign visitors and the city rolls out a packed calendar of international events to sustain the momentum. According to the Korea Tourism Organization and Busan metropolitan, 3,349,219 foreign tourists visited Busan in the first 11 months of 2025, surpassing the 3-million mark for the first time. Foreign visitors spe
January 8, 2026
-
North Korea's Rodong Sinmun becomes accessible in South Korea
SEOUL, January 08 (AJP) - Rodong Sinmun, the official newspaper of the Workers' Party of Korea, has been reclassified from "special materials" to "general materials," making it accessible without identity verification or special procedures. The newspaper, classified as subversive publication in 1970, can now be viewed at the National Assembly Library, National Library of Korea, national university libraries, and the Ministry of Unification's North Korean M
January 8, 2026