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Defense and unification ministries hold joint session on potential inter-Korean military talks
SEOUL, December 26 (AJP) - South Korea’s Ministry of National Defense (MND) and Ministry of Unification (MOU) held a joint workshop on Friday to prepare for potential military dialogue with North Korea, despite the lack of a response from Pyongyang regarding recent proposals. The session, held at the Office of Inter-Korean Dialogue in central Seoul, focused on inter-agency coordination and reviewing readiness measures for future negotiations. During the workshop, defen
December 26, 2025
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Animation pioneer Nelson Shin, VFX leader Daniel Son to lead jury at WAIFF Seoul 2026
SEOUL, December 26 (AJP) - The World AI Film Festival Seoul 2026 (WAIFF Seoul 2026) has appointed animation pioneer Nelson Shin as a jury member and named Daniel Son, founder and chief executive of visual effects studio Westworld, as president of the jury, reinforcing Korea’s growing role in shaping the future of AI-driven filmmaking. The appointments bring together two figures representing different generations of global visual storytelling — from the foundations of m
December 26, 2025
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Korean, Japanese stocks and currencies hold ground on foreign buying in chip shares
SEOUL, December 26 (AJP) - South Korean and Japanese markets held ground Friday, supported by foreign inflows into semiconductor stocks and a recovery in currencies that had been among the year’s weakest performers. In Seoul, the benchmark KOSPI closed at 4,129.68, up 0.5 percent, while the tech-heavy KOSDAQ also edged up 0.5 percent to 919.67. Chip heavyweights led the market. Samsung Electronics surged 5.3 percent to 117,000 won ($81), while SK hynix rose 1.9 percent to 5
December 26, 2025
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OPINION: Illegal crypto operators on the rise in Korea
More operators are running virtual-asset businesses without reporting to South Korea’s Financial Intelligence Unit, in violation of the Act on Reporting and Using Specified Financial Transaction Information, commonly known as the Specified Financial Information Act. Despite the FIU’s hard-line enforcement through ongoing monitoring, user tips and cooperation with related agencies, information encouraging use of unreported operators — including false or exaggera
December 26, 2025
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KAI signs $69 million deal to upgrade Philippines' FA-50PH jets
SEOUL, December 26 (AJP) - Korea Aerospace Industries (KAI) signed a contract with the Philippines on Friday to upgrade 11 FA-50PH fighter jets for about 93 billion won ($65 million). The deal includes aircraft performance upgrades and follow-on logistics support for jets delivered between 2015 and 2017, with work to be completed by 2029, the South Korean aircraft manufacturer said. The upgrade will strengthen the FA-50PH's ability to operate precision-guided weapons, exten
December 26, 2025
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Seoul's presidential office returns to Cheong Wa Dae Monday
SEOUL, December 25 (AJP) - South Korean President Lee Jae Myung will formerly begin work at the Cheong Wa Dae on Monday, making the end of the presidential office's temporary operation in Yongsan-gu. The official name of the president’s office will change from the Office of the President to Cheong Wa Dae on the same day. At midnight, the phoenix flag symbolizing the head of state will be lowered at the Yongsan presidential office to be raised at Cheong Wa Dae. Forme
December 26, 2025
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Korean won revisits 1,430 versus dollar for the first time since Nov
SEOUL, December 26 (AJP) -The Korean won strengthened more than 1 percent on Friday, extending its 1.3 percent jump in the previous session on Wednesday, as the U.S. dollar broadly weakened against major East Asian currencies, including the Japanese yen and the Chinese yuan. The dollar opened at 1,449.9 won after the Christmas break and slid as low as 1,429.5, marking its first dip below the 1,430 level since Nov. 4 — a move that signaled a possible shift in market positioni
December 26, 2025
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Samsung to showcase unified AI vision in standalone CES 2026 exhibit
SEOUL, December 26 (AJP) - For the first time in its CES history, Samsung Electronics will operate a fully standalone exhibition space, breaking away from its long-established practice of presenting its products in the Las Vegas Convention Center’s Central Hall. The move underscores Samsung’s push to position itself as a leader in connected AI ecosystems ahead of next year’s show. Samsung has secured a 4,628-square-meter venue at the Wynn Las Vegas hotel, separat
December 26, 2025
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Homeless left outdoors in Seoul's deep freeze
SEOUL, December 26 (AJP) -A bitter cold settled over Seoul as temperatures fell below zero, pushing the wind chill near minus 17.6 degrees Celsius (0.3 degrees Fahrenheit). Beneath Seoul Station, some homeless people lay on the floor wrapped in cardboard and thin sleeping bags, sheltering under fluorescent lights that never go out. Outside, they huddle inside fragile tents as Arctic air cuts through. The city issued its first freeze warning of the winter and activated round-th
December 26, 2025
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PHOTOS: Seoul art show opens in Coex
SEOUL, December 26 (AJP) - The 2025 Seoul Art Show, an exhibition offering a comprehensive look at the latest trends in contemporary art, opened December 24 at Coex in Gangnam-gu, Seoul, and runs through December 28. Now in its 14th year, the Seoul Art Show is held annually during the Christmas season and has become a fixture of the city's year-end cultural calendar. The event serves as a barometer for the Korean art market and a primary point of contact between the public and
December 26, 2025