Latest
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Pulmuone's U.S. tofu sales hit record high on protein demand, market expansion
SEOUL, February 19 (AJP) - South Korean food company Pulmuone posted record tofu sales in the United States last year, driven by surging demand for plant-based protein and a broadening retail footprint. Pulmuone's U.S. tofu revenue rose 12.2 percent year-on-year to about 224.2 billion won ($154.4 million) in 2025, the company said Thursday. Tofu accounts for roughly half of the U.S. unit's total revenue, and the company has held the top market share position in the American
February 19, 2026
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Korea's auto exports jump 21.7% to $6.07b, second-highest on record for Jan
SEOUL, February 19 (AJP) -South Korea’s auto exports opened the year on a strong footing, extending momentum from a record 2025, as a weak won and resilient demand from Europe and other markets for hybrid and secondhand vehicles helped offset lingering tariff pressures in the United States. Outbound shipments in January rose 21.7 percent from a year earlier to $6.07 billion, the second-highest export total ever recorded for the month, according to data released by the Minist
February 19, 2026
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SK Innovation selected to develop $2.3 bln LNG power project in Vietnam
SEOUL, February 19 (AJP) - SK Innovation has been selected as the developer of a $2.3 billion liquefied natural gas power project in northern Vietnam, marking a significant step in the South Korean energy company's push to expand its global LNG footprint. The project, located in the Quynh Lap area of Nghe An province, about 220 kilometers south of Hanoi, calls for the construction of a 1,500-megawatt combined-cycle gas power plant, a 250,000-cubic-meter LNG terminal, and a dedic
February 19, 2026
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South Korean citizens proposed for Nobel Peace Prize for defending democracy
SEOUL, February 19 (AJP) - South Korean citizens have been proposed for the Nobel Peace Prize for defending democracy by stopping former disgraced President Yoon Suk Yeol's martial law debacle in 2024. A group of professors led by Kim Eui-young at Seoul National University submitted a recommendation to the Norwegian Nobel Committee last month, proposing the citizens collectively as a candidate for the Nobel Peace Prize. The group includes Pablo Oñate, a professor at
February 19, 2026
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Seollal hangover lingers as business returns to normal
SEOUL, February 19 (AJP) -Business resumed across the country following the long-weekend Lunar New Year holiday, as scenes from a traditional festival in central Seoul offered a final glimpse of the season’s festive mood. The 2026 Namsangol Seollal Festival, themed “Welcoming the Year with Blessings of the Horse,” was held from Feb. 16 to 18 at Namsangol Hanok Village in Jung District, Seoul. On Feb. 17, the day of the Lunar New Year, organizers hosted a rice cak
February 19, 2026
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Seoul indices turbocharged after three-day break, hit another milestone
SEOUL, Feb. 19 (AJP) – Seoul bourses returned from a three-day Lunar New Year break on Thursday with strong gains, fueled by robust demand for technology and chip shares amid signs of easing U.S. inflation. U.S. January consumer prices rose 2.4 percent year on year, the slowest pace in eight months. Core inflation, which excludes food and energy, increased 2.5 percent, marking its lowest rise since March 2021. Nvidia climbed 1.63 percent overnight after reports that Met
February 19, 2026
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Kim Yo-jong strikes conciliatory tone again over Seoul's regret on drone incursions
SEOUL, February 19 (AJP) - Kim Yo-jong, the sister of North Korean leader Kim Jong-un, once again struck a positive note toward South Korea. In a statement carried on Thursday by the state-run Korean Central News Agency (KCNA), Kim said she "highly appreciates" South Korea's Unification Minister Chung Dong-young's expression of regret the previous day over drones allegedly sent by civilians to the North, as well as his pledge to prevent a recurrence. It was Ki
February 19, 2026
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OPINION: Japan's Takaichi and the test of glass cliff
The soaring popularity and landslide election victory of Sanae Takaichi stand out in Asia, especially in a political culture where women have long been sidelined. Her rise has been hailed as a breakthrough moment for Japan — proof that even one of the world’s most male-dominated political systems can change. Yet her ascent also invites a quieter, more uneasy question: Is she standing on what Western scholars call a “glass cliff”? With the L
February 19, 2026
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Korea women salvage short track pride with relay gold amid short-track medal drought
SEOUL, February 19 (AJP) -South Korea staged a dramatic late comeback to reclaim the women’s 3,000-meter short track relay title at the Milan-Cortina Winter Olympics on Wednesday, restoring pride in one of the nation’s signature events. Anchored by Kim Gil-li, the Korean quartet surged past Italy in the final two laps to win gold in 4 minutes, 4.014 seconds at the Milan Ice Skating Arena. The team, also featuring Choi Min-jeong, Shim Suk-hee and Noh Do-hee, edged
February 19, 2026
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S.Korea's top policy aide says AI race hinges on electricity, not code
SEOUL, February 18 (AJP) - South Korea's presidential policy chief Kim Yong-beom urged the nation to elevate its power grid to the status of strategic national infrastructure, warning that the global artificial intelligence contest is no longer a battle of algorithms but of physical resources. In a Facebook post on Tuesday, Kim wrote that AI had evolved into a capital-intensive hardware industry, making scarce commodities such as graphics processing units (GPUs), memory chips, t
February 18, 2026