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  Hyundai's luxury Genesis brand reaches 1.5 million sales milestone SEOUL, January 4 (AJP) - Automaker Hyundai's premium brand Genesis has sold over 1.5 million vehicles in cumulative global sales a decade after its launch. According to industry sources on Sunday, the automaker reached the milestone in November last year, about 10 years after it rolled out its luxury G90 sedan in 2015. Genesis was especially popular among customers in Europe and the U.S. It sold over 500,000 units globally by May 2021 and surpassed 1 million in August 2023. January 4, 2026
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  Hyundai Motor and Chung family diplomacy under focus ahead of Lee's Shanghai visit SEOUL, January 04 (AJP) -As Lee Jae Myung embarked on the first state visit by a South Korean president to China in nine years, attention is turning to a little-known episode of corporate diplomacy that helped preserve one of Korea’s most important overseas historical sites — the former headquarters of the Republic of Korea Provisional Government in Shanghai. At the center of that effort was the late Hyundai Motor Group chair Chung Mong-koo, whose direct en January 4, 2026
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  Foreign stock ownership in Korean stocks highest in nearly 6 years SEOUL, January 04 (AJP) -Foreign ownership of South Korean stocks climbed to its highest level in nearly six years by the end of December 2025, as global investors doubled down on an AI-driven memory-chip boom led by Samsung Electronics and SK hynix, while bond inflows accelerated ahead of South Korea’s inclusion in a major global sovereign bond index. According to the Korea Center for International Finance (KCIF) on Sunday, foreign ownership accounted for 32.9 percent of Korea’ January 4, 2026
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  Seoul assesses fallout after US capture of Venezuelan president SEOUL, January 4 (AJP) - The government is assessing any fallout after the U.S. captured Venezuela's authoritarian leader Nicolás Maduro in a lightning military operation the previous day, while monitoring further developments. In a statement on Sunday, the Ministry of Foreign Affairs urged, "All relevant parties should exercise maximum restraint to ease tensions in the region" and expressed hope that democracy will be restored as soon as possible through dial January 4, 2026
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  North Korea fires multiple ballistic missile into East Sea SEOUL, January 4 (AJP) - North Korea fired a ballistic missile into the East Sea, the Joint Chiefs of Staff said on Sunday. The Joint Chiefs of Staff said it detected several projectiles, believed to be ballistic missiles, launched around 7:50 a.m. from a site near Pyongyang, but provided no further details as it analyzes the launch site and missile type. It was North Korea's first ballistic missile launch this year and came about two months after it fired a short-range bal January 4, 2026
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  Doctors' associations urge halt to government-backed Korean medicine infertility programs SEOUL, January 03 (AJP) - Doctors' associations in Korea have called on the government and local authorities to immediately suspend public support for Korean medicine–based infertility treatment, citing a lack of scientific evidence and safety verification. At a press conference on Saturday, the Korean Medical Association (KMA), the Korean Society of Obstetrics and Gynecology and related groups said such programs pose potential risks to maternal health and fetal safety. January 3, 2026
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  'Golden,' Rosé's 'APT.' place in UK year-end top 10 SEOUL, January 03 (AJP) - "Golden," a song from the "KPop Demon Hunters" soundtrack, and Rosé of BLACKPINK’s global hit "APT." have both placed in the top 10 of the UK End of Year Singles Chart. According to the chart released Friday, "Golden," performed by the fictional group Huntrix from Netflix's animated film "KPop Demon Hunters," ranked fourth overall. The track previously topped the UK Official Singles Chart fo January 3, 2026
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  Nearly 70% of departing KT subscribers switch to SK Telecom after fee waiver SEOUL, January 03 (AJP) - More than 30,000 subscribers have left KT in the three days following the company's decision to waive early termination fees, with around 70 percent of those switching to SK Telecom. According to industry sources on Saturday, a total of 31,634 subscribers left KT between Dec. 31 and Friday, averaging more than 10,000 departures per day. Of those, 26,192 moved to rival mobile carriers, including 18,720 — more than 70 percent — who switched January 3, 2026
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  Police arrest taxi driver in fatal Jonggak Station crash after positive drug test SEOUL, January 03 (AJP) - Police have arrested a taxi driver after he tested positive for drugs following a fatal crash near Jonggak Station in central Seoul, officials said Saturday. According to police, the driver was detained after a preliminary drug test showed a positive result for morphine. The accident occurred at around 6 p.m. Friday on a road near Jonggak Station in Seoul's Jongno District, when a taxi collided with two vehicles. The collision sent the taxi onto the January 3, 2026
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  Cold snap grips South Korea over first weekend of new year SEOUL, January 03 (AJP) - South Korea was hit by a sharp cold snap over the first weekend of the new year, with temperatures dropping to around minus 10 degrees Celsius nationwide on Saturday, the Korea Meteorological Administration (KMA) said. Morning temperatures in most regions hovered near minus 10 degrees Celsius, while strong winds pushed wind chill values even lower. The cold spell, however, is expected to ease from Saturday afternoon, with temperatures gradually rising to se January 3, 2026