Korea's bond and currency retreat deepens rate hike bias SEOUL, May 19 (AJP) - South Korean bonds and currency took a renewed beating amid broad strengthening in the greenback and a global debt retreat amid jitters over government borrowing to finance war costs and inflation risks with little sign of the Gulf crisis abating. Long-dated sovereign bonds across major economies — including the United States, Japan, and the United Kingdom — have hit levels unseen in two to three decades. And Korean bonds rank among the worst pe May 19, 2026

Kazakhstan's President Tokayev urges digital alliance among Turkic states SEOUL, May 19 (AJP) - President of Kazakhstan Kassym-Jomart Tokayev urged member nations of the Organization of Turkic States to build a unified artificial intelligence and digital framework to secure sustainable advancement amid an unstable global environment, the Embassy of Kazakhstan in the Republic of Korea said Tuesday. Speaking at an informal summit in the city of Turkistan on May 15, Tokayev positioned technological cooperation as a vital tool for economic resilience. The i May 19, 2026

S. Korea launches cyber breach probe panel ahead of law SEOUL, May 19 (AJP) - South Korea's Ministry of Science and ICT launched a statutory committee empowered to investigate major cyberattacks, moving to shore up the country's defenses against an escalating wave of digital intrusions. The cyber breach investigation committee held its inaugural meeting on Tuesday, marking the formal stand-up of a body created under a revised Information and Communications Network Act passed in response to a string of high-profile breaches last y May 19, 2026

OPINION: Beijing summit and structural stabilization of global commerce KARACHI, May 19 (AJP) - The international economic order has entered a period of profound structural transformation, forcing a reassessment of how the world’s two largest economies manage their deep systemic interdependencies. For the past several years, the prevailing consensus across global capitals dictated that the financial and industrial relationship between Washington and Beijing was headed toward a permanent and destructive fracturing. However, the high-stakes Beijing s May 19, 2026

Trump's Taiwan remarks expose diverging security pressures on Seoul and Taipei SEOUL, May 19 (AJP) - U.S. President Donald Trump's ambiguous remarks on arms sales to Taiwan after his summit with Xi Jinping have raised fresh questions about Washington's security commitments in Asia — with different implications for each partner. For Taiwan, the concern is immediate and existential: whether Washington will sustain both political support and arms transfers in the face of Beijing's sovereignty claim. For South Korea, the dilemma is le May 19, 2026

KAIST and Hanwha Solutions develop bio-platform to replace naphtha with waste glycerol SEOUL, May 19 (AJP) - Researchers from Korea Advanced Institute of Science and Technology (KAIST) in South Korea and Hanwha Solutions have developed a bio-platform capable of mass-producing sustainable raw materials for plastics and textiles using waste resources. The newly secured technology aims to replace petroleum-derived naphtha, KAIST said Tuesday. The technology uses waste glycerol, a byproduct of biodiesel production, as a primary raw material. The joint research team engi May 19, 2026

South Korea launches AI humanoid project as Asia's bipedal race intensifies SEOUL, May 19 (AJP) - South Korea has launched a five-year, state-led drive to develop a homegrown artificial intelligence (AI)-powered humanoid platform, joining a broader Asian race to commercialize bipedal robots, even as the country's largest factories teeter on the brink of a paralyzing strike. The Ministry of Science and ICT held a meeting at the Korea Institute of Science and Technology (KIST) in Seoul on Monday, the starting point for what officials describe as a May 19, 2026

US suspends joint defense body with Canada as security tensions grow SEOUL, May 19 (AJP) - The U.S. has suspended a key defense cooperation body with Canada as tensions with Ottawa widen into security ties. U.S. Under Secretary of Defense for Policy Elbridge Colby said Monday that Washington would suspend activities of the Permanent Joint Board on Defense, or PJBD, a bilateral body responsible for coordinating military cooperation and defense policy between the United States and Canada, according to The Hill. The PJBD, which includes military offi May 19, 2026

Months-long exhibition in Seoul showcases over 170 works by abstract art pioneer SEOUL, May 19 (AJP) - A retrospective exhibition honoring Yoo Youngkuk, a pioneer of South Korea's experimental abstract art, opened in Seoul on Tuesday, offering a rare opportunity to appreciate his works over his six-decade career. Marking the 110th anniversary of Yoo's birth, the exhibition at the Seoul Museum of Art in central Seoul runs until late October as part of the museum's first series featuring major South Korean modern artists. The May 19, 2026

Samsung Live: Industry Minister urges 'dramatic settlement' on final day of Samsung talks SEOUL, May 19 (AJP) - As Samsung Electronics and its union entered the crucial final hours of government-mediated talks on Tuesday, South Korea's Industry Minister Kim Jung-kwan made an urgent public plea for a resolution to avert a massive strike. Speaking at a parliamentary committee meeting, Kim expressed a "desperate need" to prevent the 18-day walkout scheduled to begin Thursday. "If we cannot resolve this when everyone knows the negative impacts of a strik May 19, 2026