Latest
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HOT STOCK: Hyundai E&C uplifted by milestone nuclear energy deal in Texas
SEOUL, October 27 (AJP) - Hyundai Engineering & Construction rose sharply Monday, touching as high as 71,000 won ($50) before closing at 69,100 won, up nearly 4 percent, as the KOSPI finished at a record high. The rally followed news that the Korean builder will play a key role in front-end engineering design for four large nuclear reactors in Texas, marking a major step toward entering the U.S. nuclear energy market. The project in Amarillo is part of a vast private power grid
October 27, 2025
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APEC Week: from RM to hanbok, K-culture competes for global spotlight
SEOUL, October 27 (AJP) - Iconic K-pop star G-Dragon has set the tone for this week's Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju with a playful 75-second promotional video featuring President Lee Jae Myung as a runway marshaller guiding arriving aircraft. Another K-pop figurehead, BTS leader RM, will carry the cultural baton, delivering a keynote speech at the APEC CEO Summit before executives from 21 member economies, including Nvidia CEO Jensen Huang. K-pop
October 27, 2025
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APEC Week: Beyond Trump and Xi, APEC leaders bring diverse agenda
SEOUL, October 27 (AJP) - As South Korea prepares to host the 2025 APEC Economic Leaders' Meeting in Gyeongju this week, global attention is fixed on the expected encounter between U.S. President Donald Trump and Chinese President Xi Jinping. But away from the media spotlight, many of the region's other leaders are arriving with their own priorities — from digital transformation and green energy to demographic change and inclusive growth. According to APEC, this year
October 27, 2025
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HD Hyundai chairman signals possible US shipyard acquisition
SEOUL, October 27 (AJP) - HD Hyundai Chairman Chung Ki-sun said Monday the company is considering acquiring a shipyard in the United States, signaling a more assertive global expansion strategy under his new leadership. “We are well-prepared for U.S.-Korea shipbuilding collaboration and are considering acquiring a U.S. shipyard,” Chung told reporters after delivering a keynote address at the APEC CEO Summit’s Future Tech Forum in Gyeongju. His participation
October 27, 2025
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Global AI Frontier Symposium brings together world leaders in Seoul
SEOUL, October 27 (AJP) - KAIST said Monday that the National AI Research Lab (NAIRL) and the Global AI Frontier Lab jointly hosted the "Global AI Frontier Symposium 2025" at Seoul Dragon City, drawing more than 500 participants from academia, industry, and government. The event was organized by the Ministry of Science and ICT and the Institute for Information & Communications Technology Planning and Evaluation (IITP). Vice Prime Minister and Science and ICT Minister
October 27, 2025
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Ferry service along Han River to resume next week after monthlong inspection
SEOUL, October 27 (AJP) - A ferry service on the Han River, which was suspended just 10 days after its bombastic launch, will resume next week following a monthlong inspection, the Seoul Metropolitan Government said on Monday. Starting Nov. 1, the service will begin at 9 a.m., two hours earlier than before, and run until 9:37 p.m., offering 16 daily trips at 90-minute intervals. According to the city, more than 300 trial runs without passengers were conducted to enhance service
October 27, 2025
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South Korea, Inter-American Development Bank plan AI cooperation hub
SEOUL, October 27 (AJP) - South Korea and the Inter-American Development Bank have agreed to establish a cooperation hub focused on artificial intelligence, part of a broader effort to deepen economic and technological partnerships between South Korea and Latin America. The agreement came during the seventh Korea–Latin America Business Summit in Seoul, where Deputy Prime Minister and Economy and Finance Minister Koo Yun-cheol met with IDB President Ilan Goldfajn
October 27, 2025
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BTS's RM to speak at APEC CEO Summit this week
SEOUL, October 27 (AJP) - RM, the leader of K-pop juggernaut BTS, will deliver a keynote speech at the CEO Summit on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in the southeastern city of Gyeongju this week. Although specific details remain under wraps, he is scheduled to speak for about 10 minutes on Wednesday, focusing on the country's soft power and how cultural creativity can nurture local industries. Over 1,700 global business leaders, includi
October 27, 2025
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South Korea, Saudi Arabia deepen ties in shipbuilding, automobiles, AI under Vision 2030
SEOUL, October 27 (AJP) - South Korea and Saudi Arabia agreed on Monday to expand cooperation across a range of industries — including shipbuilding, automobiles, and artificial intelligence — as the two nations seek to strengthen ties aligned with Riyadh’s Vision 2030 initiative. Moon Shin-hak, South Korea’s deputy minister of trade, industry and energy, met with Abdullah bin Ali Al-Ahmari, Saudi Arabia’s deputy minister of industry and mineral re
October 27, 2025
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Korea-France Space Forum highlights growing partnership in space exploration
SEOUL, October 27 (AJP) - Government officials, scientists, and industry leaders from South Korea and France gathered in Seoul on Monday for the fifth Korea-France Space Forum, underscoring the two nations’ expanding collaboration in space exploration and technology. Held at the Four Seasons Hotel, the forum brought together representatives from the Korea Space Agency and France’s National Centre for Space Studies, known as CNES, as well as executives from major aero
October 27, 2025