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  AI to become staple in Korean homes, KES 2025 suggests with latest innovations SEOUL, October 23 (AJP) - Artificial intelligence is fast becoming a fixture in Korean households — helping the elderly and pets at home alone, while taking charge of chores from washing clothes to preparing meals — according to the latest innovations unveiled at this year’s Korea Electronics Show (KES 2025). From refrigerators and TVs to air conditioners and cleaning robots, Korea's household appliance brands Samsung and LG Electronics demonstrated that AI h October 23, 2025
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  HOT STOCK: British fund bullish on LG Chem, local banks wary how far the stock can go SEOUL, October 23 (AJP) - Shares of LG Chem set a new ceiling this week as the Korean chemical giant defied industrial headwinds after being spotlighted by a major foreign shareholder for excessive undervaluation. LG Chem closed Thursday at 389,500 won ($271), down after a 13 percent surge in the previous session. The rally followed a public statement by British activist fund Palliser Capital, which argued that “LG Chem’s stock is significantly undervalued, currently t October 23, 2025
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  Asian shares lose ground on tech selling SEOUL, October 23 (AJP) - Asian stock markets ended lower Thursday as investors reacted to disappointing technology earnings and persistent geopolitical uncertainties, while Vietnamese equities stood out with gains on expectations of stronger domestic demand. South Korea’s main KOSPI and secondary KOSDAQ retreated after a record-setting rally. The KOSPI fell 1.2 percent to 3,835.79, and the tech-heavy KOSDAQ lost 0.9 percent to 870.90 as institutional investors took profits. C October 23, 2025
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  D-8: APEC summits to arrive with fully packed agendas of their own SEOUL, October 23 (AJP) - Big and small Asia-Pacific economies alike are preparing to leverage next week's APEC summit in Gyeongju to advance their respective agendas in a trade environment reshaped under the second Trump presidency. New and familiar faces among APEC leaders will descend on South Korea's southern ancient city carrying fully loaded diplomatic and economic agendas — each aiming to redefine its position in the emerging post-globalization trade order. F October 23, 2025
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  Korean drugmakers race to enter booming weight-loss drug market SEOUL, October 23 (AJP) - South Korea's major pharmaceutical companies are racing to enter the global weight-loss drug market, upgrading drug delivery formats and formulations to tap a segment projected to grow more than 15 percent over the next five years. A recent survey by Exploratory Research in Clinical and Social Pharmacy, cited by Yuanta Securities, showed that 62.2 percent of 4,400 respondents across 21 countries preferred oral weight-loss drugs — far ahead of in October 23, 2025
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  Seoul voices concerns over Chinese installations in waters near West Sea SEOUL, October 23 (AJP) - The Ministry of Foreign Affairs on Thursday vowed to keep monitoring and raise issues over Chinese unilateral installations in maritime buffer zones along the West Sea that overlap with South Korea's. The pledge comes a day after lawmaker Lee Byung-jin of the ruling Democratic Party revealed during a parliamentary audit that Chinese personnel were spotted on such structures in the area. Lee shared photos showing five people on the structures, believe October 23, 2025
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  Bank of Korea chief signals nearing end of easing cycle SEOUL, October 23 (AJP) - The Bank of Korea (BOK) held its key interest rate at 2.50 percent for October, keeping policy steady since the last 25-basis-point cut in May amid foreign exchange and housing market volatility, and signaled that the current easing cycle may be nearing its end unless major external shocks occur. “We are maintaining an easing policy stance, but the pace and timing of additional rate cuts may have to be adjusted,” BOK Governor Rhee Chan-yong October 23, 2025
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  Korean AI company Upstage unveils Japan-focused LLM 'Shin Pro' SEOUL, October 23 (AJP) - South Korean artificial intelligence company Upstage announced Thursday the launch of “Shin Pro,” a large language model (LLM) designed specifically for the Japanese market and developed in partnership with Tokyo-based AI firm Karakuri. Built on Upstage’s proprietary Solar model, Shin Pro is a 31-billion-parameter system fine-tuned for Japanese language nuances and cultural context. The model is optimized for on-premise deployment, off October 23, 2025
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  Singapore's VENA Group pledges $20 billion investment in Korea's green energy, AI sectors SEOUL, October 23 (AJP) - Singapore-based renewable energy company VENA Group plans to invest $20 billion in South Korea to advance projects in renewable energy and artificial intelligence data centers, officials here said Thursday. The announcement came after the company delivered a letter of intent at a ceremony held at the National Assembly in Seoul, attended by Environment Minister Kim Sung-hwan, Vice Minister of Science and ICT Ryu Jae-myung, Democratic Party lawmaker Cha J October 23, 2025
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  US secretary of state expected to accompany Trump at next week's APEC summit SEOUL, October 23 (AJP) - U.S. Secretary of State Marco Rubio will visit South Korea next week as part of his trip to Asian countries, the State Department said Wednesday. In a press statement, the department said Rubio will "travel to Kuala Lumpur, Tokyo, and Gyeongju" from Oct. 26 to 30 to "advance peace and prosperity in the Asia-Pacific region," after wrapping up his trip to Jerusalem where he will "reaffirm America's unwavering commitment to Israel& October 23, 2025