Leverage rises in Korean stock market amid expectations of year-end rally SEOUL, December 09 (AJP) - South Korean retail investors have pushed margin loan balances above 27 trillion won for the first time, driven by growing expectations of a year-end “Santa rally." As of Dec. 5, outstanding margin loans stood at a record 27.076 trillion won. Margin loans — funds borrowed from securities firms to purchase stocks — are widely seen as a barometer of leveraged retail trading activity. Stock-backed loans also increased sharply, ris December 9, 2025

North Korean leader sends condolence message on Russian ambassador's death SEOUL, December 9 (AJP) - North Korean leader Kim Jong-un has sent a condolence message to Russian President Vladimir Putin over the death of Moscow's ambassador to Pyongyang, state media reported on Tuesday. According to North Korea's state-run Korean Central News Agency, Kim said, "The sudden demise of the ambassador at the present time when the development of relations between the and Russia have entered a crucial historic phase is indeed a heartrending eve December 9, 2025

South Korea finds some 'goose down' jackets sold online contain mostly duck feathers SEOUL, December 09 (AJP) - Several padded jackets marketed as "goose down" on major South Korean fashion platforms were found to contain little or no goose feathers, with some products made almost entirely of duck down, the country's consumer watchdog said on Tuesday. The Korea Consumer Agency examined 24 goose down jackets sold on four online fashion platforms — W Concept, Musinsa, Ably and Zigzag — and discovered that five products failed to meet the indu December 9, 2025

South Korea's growth could fall to near zero by 2040s: BOK governor SEOUL, December 09 (AJP) - South Korea’s potential economic growth rate could fall to near zero by the 2040s without major structural reforms, Bank of Korea Governor Rhee Chang-yong warned on Tuesday. Speaking at a symposium co-hosted by the BOK and the Korean Finance Association, Rhee said the country’s potential growth rate has slowed sharply from around 5 percent in the early 2000s to below 2 percent in recent years. Rhee attributed the deceleration to a shrink December 9, 2025

KAIST AI team wins top global paper award for group behavior prediction SEOUL, December 09 (AJP) - A research team from the Korea Advanced Institute of Science and Technology (KAIST) has achieved a historic first for South Korean universities by winning the prestigious Best Paper Award at the International Conference on Data Mining (IEEE ICDM). This top honor, awarded to just one paper out of 785 global submissions, marks the first time a South Korean university research team has claimed the award in 23 years, underscoring KAIST's technology leadersh December 9, 2025

Police raid e-commerce giant Coupang's Seoul offices in data breach probe SEOUL, December 09 (AJP) - Implying full-scale government scrutiny, South Korean police on Tuesday raided Coupang’s Seoul offices over the massive data breach that exposed the personal information of an estimated 33.7 million accounts. The Seoul Metropolitan Police Agency’s Cyber Investigation Division began the search-and-seizure at around 11 a.m. at Coupang’s offices in Songpa-gu. A 17-member investigative team, led by a superintendent-level chief, was deploye December 9, 2025

Record M2 fuels weak won structure, binds policy for Seoul authorities SEOUL, December 09 (AJP) - South Korea's broad money supply has ballooned to levels last seen during the pandemic stimulus peak, and the liquidity glut is weighing heavily on the won while narrowing policy maneuvering room for authorities. M2 money supply, which includes bonds, time and savings deposits, and equity-type deposits, grew 8.5 percent to a record 4,430.5 trillion won ($3.01 trillion) as of September, Bank of Korea (BOK) data showed. The growth far o December 9, 2025

South Korea's single-person households top 8 million for first time SEOUL, December 09 (AJP) - The number of single-person households in South Korea surpassed 8 million for the first time last year, with people aged 70 and older accounting for the largest share, according to government data released on Tuesday. A report by the National Data Agency showed the country recorded 8.045 million one-person households, representing 36.1 percent of all households. The proportion has risen steadily since 2019. People aged 70 and above accounted for December 9, 2025

BTS' Jungkook makes cover of Rolling Stone magazine SEOUL, December 9 (AJP) - Jungkook, a member of K-pop juggernaut BTS, has been featured on the cover of monthly magazine Rolling Stone. Jungkook became the first South Korean artist to appear on the cover of the British edition of the influential music industry trade magazine, with online versions also featuring him in China, France, India, the Philippines and the U.S. "This is a time where I can evaluate whether I can take another leap forward," he told the magazin December 9, 2025

PHOTOS: South Korean Navy launches new high-speed patrol vessels SEOUL, December 09 (AJP) -The Republic of Korea Navy and the Defense Acquisition Program Administration (DAPA) held an integrated launching ceremony on December 8, 2025, for four new high-speed patrol vessels (Patrol Killer Medium, Rocket – PKMR Batch-II). These vessels, named Chamsuri-231, 232, 233, and 235, represent a significant upgrade to South Korea's naval capabilities, designed to bolster coastal defense and rapidly respond to maritime threats. December 9, 2025