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  Weak EV sales push Samsung SDI deeper into the red SEOUL, October 28 (AJP) - South Korea's Samsung SDI reported a fourth consecutive quarterly loss on Tuesday, as a downturn in electric vehicle demand and trade headwinds in the United States continued to weigh on the South Korean battery maker’s earnings. The company logged an operating loss of 591.3 billion won, or about $430 million, in the July–September period, pushing its cumulative deficit above 1 trillion won for the year. Revenue fell 22.5 percent from a October 28, 2025
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  Hanwha Ocean stock cools after KRX flags overheating amid 11-fold jump in Q3 profit SEOUL, October 28 (AJP) - Hanwha Ocean’s red-hot rally lost steam Tuesday after the Korea Exchange (KRX) warned of overheating in the shipbuilder’s stock, which has surged more than 20 percent this month on anticipation of blockbuster quarterly earnings. Shares of Hanwha Ocean fell about 5 percent to 132,300 won ($92.16) by midday after the KRX designated the stock as an “issue of investment caution,” citing excessive volatility in price and trading volume. October 28, 2025
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  FM urges regional cooperation against online scams at forum in Malaysia SEOUL, October 28 (AJP) - Foreign Minister Cho Hyun called for closer cooperation to tackle online scams and other crimes while discussing regional issues with participating countries at the annual East Asia Summit (EAS) in Kuala Lumpur, the Ministry of Foreign Affairs said on Tuesday. According to the ministry, Cho emphasized the need to "work closely with EAS member countries and the broader international community" to combat the growing threat of transnational cybercr October 28, 2025
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  KOSPI, Nikkei take breather, China-related markets gain ahead of Trump–Xi summit SEOUL, October 28 (AJP) - Seoul and Tokyo shares slipped Tuesday morning as investors locked in profits following a sharp rally, while China-related markets firmed on expectations of progress in upcoming U.S.–China summit talks. The benchmark KOSPI fell 1 percent, slipping back below the 4,000 threshold just a day after breaching it for the first time, as traders took profits from a near two-week rally. The stronger-than-expected third-quarter GDP report failed to lift sentime October 28, 2025
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  Czech National Day reception marks 35 years of ties with South Korea SEOUL, October 28 (AJP) - A reception celebrating the Independent Czechoslovak State Day was held Monday evening at a hotel in central Seoul, drawing some 250 guests from the diplomatic, business, academic, and media communities. Hosted by H.E. Ivan Jančárek, Ambassador of the Czech Republic to South Korea, and Mrs. Andrea Jančárková, the event marked the 35th anniversary of diplomatic relations and the 10th anniversary of the strategic partnership between the October 28, 2025
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  PHOTOS: Divers capture underwater beauty of Jeju in photo contest SEOUL, October 28 (AJP) - The Jeju Underwater Photography Championship, a four-day contest held in the waters off Jeju Island, recently concluded its fifth annual event from October 16 to 19. The competition is widely regarded as South Korea's largest and most authoritative underwater photography event. Approximately 150 scuba divers and underwater photography enthusiasts participated, showcasing their skills beneath the surface. A panel of esteemed photography experts judged October 28, 2025
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  Countdown begins as global leaders set to converge in Gyeongju for APEC summit SEOUL, October 28 (AJP) - The countdown to the Asia-Pacific Economic Cooperation (APEC) summit has begun, with leaders from 21 member economies set to converge in South Korea's historic city of Gyeongju this week. According to diplomatic sources, participants from Australia, Canada, Indonesia, Japan, and the U.S. will gather ahead of the summit's opening on Friday. Among them were U.S. President Donald Trump, making his first visit since beginning his second, non-consec October 28, 2025
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  South Korean barbecue chain Myeongryun Jinsagalbi expands across Southeast Asia SEOUL, October 28 (AJP) - South Korea’s leading charcoal-grilled rib franchise, Myeongryun Jinsagalbi, said Tuesday it has established a local subsidiary in the Philippines, betting on Southeast Asia to turn “K-barbecue” into a global brand. Through a master franchise agreement, it opened eight restaurants there as of October 2025, including one directly operated outlet. The move reflects a deeper commitment to managing brand quality and adapting to local taste October 28, 2025
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  BMW vehicles to adopt Kakao unit's voice AI system SEOUL, October 28 (AJP) - Kakao’s artificial intelligence model, Kanana, is set to make its global debut through a partnership with BMW. DK Techin, Kakao’s IT service subsidiary, said Tuesday that it had signed an agreement with BMW Group to develop a Korean-language voice AI system for the German automaker’s vehicles. The signing took place at DK Techin’s headquarters in Seongnam, south of Seoul. Under the partnership, BMW’s upcoming models will October 28, 2025
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  Putin meets North Korean foreign minister, hails progress in ties SEOUL, October 28 (AJP) - Russian President Vladimir Putin affirmed that relations with Pyongyang are moving forward as planned during a meeting in Moscow with North Korean Foreign Minister Choe Son-hui, the Kremlin said Monday. Conveying his warm regards to North Korean leader Kim Jong-un, he said, "Everything is going according to plan." Choe thanked Putin for taking the time to meet with her and mentioned that she had heard his summit with Kim in Beijing early last October 28, 2025