Latest news
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North Korea launches repaired destroyer after initial failed attempt
SEOUL, June 13 (AJP) - North Korea has launched a large destroyer, after its initial failed attempt last month, state media reported on Friday. The official Korean Central News Agency (KCNA) said the 5,000-ton destroyer, named after North Korea’s historical naval hero Kang Kon, was launched at a shipyard in the northeastern port city of Rajin after weeks of repair work. The country's leader Kim Jong-un oversaw the launch along with his daughter, Ju-ae, who was dressed i
June 13, 2025 -
Samsung screens coral reef documentary at UN Ocean Conference
SEOUL, June 13 (AJP) - Samsung Electronics premiered its self-produced documentary, Coral in Focus, at the United Nations Ocean Conference, marking World Oceans Day with a spotlight on marine conservation efforts. The screening, held in the coastal city of Nice, drew an audience of roughly 70 attendees, including representatives from international organizations, marine scientists, and environmental advocates. The film explores the escalating crisis facing coral reef ecosystems
June 13, 2025 -
Samsung raises bet on robotics with investment in US startup
SEOUL, June 13 (AJP) - Samsung Electronics has invested $10 million in Skild AI, a California-based robotics software company developing artificial intelligence systems for autonomous machines, as part of a broader push into the emerging field of physical AI. The investment is part of Skild AI’s $4.5 billion Series B funding round, led by Japan’s SoftBank, which contributed $100 million. Nvidia also joined the round with a $25 million stake. Several other South Kore
June 13, 2025 -
Korean petrochemical firms seek lifeline through mergers as losses mount
SEOUL, June 13 (AJP) - South Korea’s beleaguered petrochemical industry is turning to consolidation as a potential lifeline, with Lotte Chemical and HD Hyundai reportedly in discussions to integrate their naphtha cracking operations. The move comes as domestic producers reel from plunging profits and stiff competition from China and the Middle East. Lotte Chemical’s operating profit plummeted nearly 64 percent in the past year, falling from 2.59 trillion won ($1.9 bil
June 13, 2025 -
Lee's nominee for senior post bows out over allegations
SEOUL, June 13 (AJP) - President Lee Jae-myung on Friday accepted the resignation of a key nominee who had come under fire over several allegations. Oh Kwang-soo, Lee's pick for senior presidential secretary for civil affairs, stepped down less than a week after his nomination, becoming the first top-level government official to resign since Lee took office on June 4. Amid mounting controversy over hidden real estate dealings involving his wife along with a suspicious loan ta
June 13, 2025 -
Trump 'remains receptive' to talks with North Korea, White House says
SEOUL, June 12 (AJP) - U.S. President Donald Trump "remains receptive" to engaging in talks with North Korea, the White House said Wednesday. When asked to clarify whether North Korean diplomats had refused to accept a letter Trump sent to Kim, White House Press Secretary Karoline Leavitt said during a press briefing, "The president remains receptive to correspondence with Kim Jong-un, and he'd like to see the progress that was made at that summit in Singapore, wh
June 12, 2025 -
Korea's leading online bookstore admits possible data breach after ransomware attack
SEOUL, June 12 (AJP) - Yes24, South Korea’s largest online bookstore, acknowledged for the first time on Thursday the possibility that customer data may have been compromised in a ransomware attack that has crippled its operations for days. In a statement posted on its official website, the company said it would individually notify customers if investigators confirm that personal data had been leaked. The announcement came one day after the Personal Information Protection C
June 12, 2025 -
Kakao charts new course with AI push, global ambitions
Editor's Note: This article is the 22nd installment in our series on Asia's top 100 companies, exploring the strategies, challenges, and innovations driving the region's most influential corporations. SEOUL, June 12 (AJP) - Kakao Corporation, once a scrappy start-up with a single messaging app, has grown into one of South Korea’s most powerful tech conglomerates — a digital behemoth whose services permeate nearly every aspect of daily life for millions of K
June 12, 2025 -
Kim Jong-un sends message to Putin to coincide with first anniversary of military pact with Russia
SEOUL, June 12 (AJP) - North Korean leader Kim Jong-un has sent a congratulatory message to Russian President Vladimir Putin as Moscow marked "Russia Day," state media reported on Thursday. The Russian national holiday, which celebrates the 1990 declaration of the country's sovereignty during the Soviet era, is observed annually on June 12. In the message reportedly delivered the previous day by North Korean Ambassador to Russia Sin Hong-chol, Kim called Putin his &
June 12, 2025 -
S. Korea and Viet Nam agree to expand cooperation in rail and nuclear energy
SEOUL, June 12 (AJP) - President Lee Jae-myung held his first phone conversation with Vietnamese President Lương Cường on Thursday, reaffirming the two countries’ commitment to strengthening strategic cooperation. The 25-minute call, which began at 9:30 a.m., opened with President Cường congratulating Lee and expressing hope for meaningful progress during his term. "I hope President Lee achieves many accomplishments during his presidency," Cường said, according to
June 12, 2025
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Neighboring private schools in Seoul connect through exchange classes
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K-ART: Reimagining the Buddha's path: 'Eight Views, Eight Senses'
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South Korea heightens travel advisory for Iran
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Hanwha Ocean eyes Brazil oil platform deal
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Bilateral talks between Seoul and Washington canceled as Trump leaves G7 early
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Hyundai Glovis invests $145 million to acquire Asiana Airlines' cargo unit
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TRAVEL: A taste of Busan's past and future at Jagalchi Market
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S. Korea plans $14 billion second supplementary budget to boost economy
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South Korea slides in global competitiveness ranking
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Samsung starts key meetings to chart course through geopolitical, trade turbulence