S. Korea, Italy agree to boost cooperation on AI and semiconductors SEOUL, January 19 (AJP) - South Korean President Lee Jae Myung and Italian Prime Minister Giorgia Meloni agreed on Monday to strengthen supply chain stability and industrial ties, focusing on semiconductors and artificial intelligence. During a summit at the presidential Blue House in Seoul, the two leaders oversaw the signing of three memorandums of understanding aimed at deepening cooperation in technology, disaster response, and cultural exchange. The meeting marked the first o January 19, 2026

South Korea, Sweden sign clean energy cooperation pact SEOUL, January 19 (AJP) - South Korea’s Ministry of Climate, Energy and Environment signed a memorandum of understanding with Sweden on Monday to expand cooperation on the clean energy transition and power systems. The MOU was signed at the Westin Josun Seoul in central Seoul. Attendees included Lee Ho-hyun, the ministry’s second vice minister, and Maya Lundbäck, Sweden’s state secretary for energy at the Ministry of Climate and Enterprise. The minist January 19, 2026

No South Korean casualties reported in high-speed train collision in Spain SEOUL, January 19 (AJP) - No South Korean casualties have been reported in a high-speed train collision in Spain, the Ministry of Foreign Affairs here said on Monday. The South Korean diplomatic mission in Spain continues to monitor the situation and is verifying whether any South Korean nationals were affected. So far, there have been no reports or confirmed cases of South Korean casualties," an official there said. At least 21 people have been killed after two high-speed t January 19, 2026

South Korea fines 5 foreign financial firms for illegal short selling SEOUL, January 19 (AJP) - South Korean financial authorities have imposed a combined 3.97 billion won ($2.9 million) in administrative fines on six firms, including five foreign financial companies, for illegal short selling, officials said Monday. The Securities and Futures Commission under the Financial Services Commission decided on Oct. 15 to fine Shinhan Asset Management 370.6 million won for violating short-selling rules. Details of the decision were disclosed on the FSC w January 19, 2026

Korean legislature passes bipartisan resolution condemning deadly crackdown in Iran SEOUL, January 19 (AJP) - South Korea’s National Assembly has joined an international chorus condemning Iran’s deadly crackdown on anti-government protests, amid widely varying estimates of civilian casualties. A rare bipartisan resolution denouncing the Iranian government’s “indiscriminate and harsh suppression” and calling for “responsible action by the international community” to protect civilian lives was passed Friday. The motion, intro January 19, 2026

Hot Stock: Robotics emerge as retail favorite as U.S. tariff risks weigh on chip heavyweights SEOUL, January 19 (AJP) - Shares of robotics and automation companies surged Monday as investor funds rotated out of semiconductor stocks and into so-called “physical AI” plays, amid renewed uncertainty over U.S. semiconductor trade policy. Hyundai Motor jumped 12.5 percent to 465,000 won ($315.3), while Doosan Robotics soared 20.13 percent to 108,600 won, sharply outperforming the broader market as sentiment toward chipmakers weakened on tariff concerns. The shift January 19, 2026

KOSPI bucks global stock weakness on robotics-led rally SEOUL, January 19 (AJP) — Asian stock markets opened the week on a weaker footing amid rising geopolitical uncertainty, as tensions flared between the European Union and the United States over Greenland. South Korean stocks, however, moved against the regional trend, buoyed by strong gains in robotics-related shares. The benchmark KOSPI opened at 4,829.40, down 0.23 percent from the previous close, but quickly reversed course. As of 11:10 a.m., the index was up 0.9 percent a January 19, 2026

Cold wave advisory issued for Seoul SEOUL, January 19 (AJP) - A cold wave advisory was issued for Seoul and most other parts of the country on Monday. The advisory, issued at 10 a.m. by the Korea Meteorological Administration, takes effect at 9 p.m. as freezing temperatures are forecast overnight. After an unusually warm spell over the weekend, Seoul is expected to see morning lows plunge to -13 degrees Celsius on Tuesday, with daily highs remaining below freezing throughout this week. Such an advisory is issued January 19, 2026

Celltrion's Zymfentra gains preferred drug status on major U.S. healthcare formulary SEOUL, January 19 (AJP) - Celltrion's Zymfentra, the world's only subcutaneous infliximab treatment, has secured preferred drug status on the formulary of Evernorth Health Services, a subsidiary of U.S. healthcare giant Cigna Group. The listing marks a significant milestone for the South Korean biopharmaceutical company as it seeks to accelerate sales of the autoimmune disease treatment in the world's largest pharmaceutical market. Cigna operates Express Scripts, one January 19, 2026

EXO set to drop first full-length album in over two years SEOUL, January 19 (AJP) - K-pop boy band EXO are returning with their eighth full-length album on Monday. "REVERXE," set for release at 6 p.m. on major music-streaming sites, is the group's first full-length album in about two years and six months. The album contains nine songs including its title track "Crown," a hard-dance track about protecting a loved one, symbolized as a crown. To promote the album, a showcase is scheduled for 7:30 p.m. at Kyun January 19, 2026