Latest
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Mercedes-Benz chief visits Seoul to discuss deepening ties with LG, Samsung
SEOUL, November 12 (AJP) - Ola Källenius, chairman of Mercedes-Benz Group, is set to meet with top South Korean corporate leaders in Seoul this week as the German automaker looks to expand partnerships in next-generation automotive technologies. Källenius’s visit highlights Mercedes-Benz’s strategic push to strengthen its supply chain and technology partnerships in Asia — particularly in South Korea, home to some of the world’s leading
November 12, 2025
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Wedding costs fully disclosed in Korea as marriage aversion among 30s deepens
SEOUL, November 12 (AJP) - Bulging wedding costs stand as a growing reason for South Koreans in their late 20s and 30s to put off tying the knot, deepening the country’s demographic woes and prompting antitrust authorities to enforce full disclosure on wedding charges. Starting Wednesday, wedding service providers in South Korea — including studios, dress rental shops and makeup salons — must disclose all pricing terms, including refund policies, before signing a
November 12, 2025
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Seoul's bike-sharing service marks 10 years with 250 million cumulative rides
SEOUL, November 12 (AJP) - Marking its 10th year, bicycle-sharing app Seoul Bike has accumulated more than 250 million rides, or 25 per resident of the capital, the Seoul Metropolitan Government said on Wednesday. Launched amid much skepticism in October 2015 with some 2,000 bicycles at 150 locations, the app, also known as "Ddareungi," has grown to around 37,500 bikes across more than 3,000 stations in the city. According to the city government, during weekdays, more t
November 12, 2025
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KAIST develops flexible ultrasound sensor that can diagnose and treat without surgery
SEOUL, November 12 (AJP) - KAIST researchers have developed a new flexible ultrasound sensor that can both capture medical images and deliver noninvasive therapy without the need for surgery or external beamforming. The breakthrough could open new possibilities for wearable medical devices and home-based treatment systems. The team led by Professor Hyunjoo Lee of the KAIST School of Electrical Engineering announced on November 12 that it has created a flex-to-rigid (FTR) capacitiv
November 12, 2025
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Hanwha Aerospace earns top global certification for R&D excellence
SEOUL, November 12 (AJP) - South Korea's Hanwha Aerospace said on Wednesday that it has received the highest possible rating in a global assessment of research and development capabilities. The company earned a Level 5 certification under Version 3.0 of the Capability Maturity Model Integration, or CMMI, a global standard developed by Carnegie Mellon University’s Software Engineering Institute at the request of the U.S. Department of Defense. The designation represents
November 12, 2025
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PHOTOS: Ancient ginkgo trees enduring centuries
SEOUL, November 12 (AJP) - In Jangsu-dong, Incheon, and Banggye-ri, Gangwon Province, two ancient ginkgo trees stand as witnesses to time. Their vast canopies cast golden shadows across the ground, glowing under the thin autumn light. The ginkgo in Jangsu-dong grows in the middle of the city. An overpass runs beside it, yet the tree holds its ground as if untouched by concrete and steel. The bark is coarse and timeworn, its surface cracked and uneven. Wooden pillars n
November 12, 2025
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Kakao Mobility launches autonomous ride service in Seoul
SEOUL, November 12 (AJP) - Kakao Mobility, the transportation arm of South Korea’s internet giant Kakao, has introduced a new autonomous ride service in Seoul’s Sangam area, integrating self-driving technology into everyday transportation. The service, part of the Kakao T platform, offers what is known as Demand Responsive Transport, or DRT — a flexible form of public transit that adjusts its routes and schedules based on passenger demand. Unlike traditional
November 12, 2025
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Asian stocks mixed early Wed amid conflicting US factors, USD/KRW near 1,470
SEOUL, November 12 (AJP) - Asian stocks were mixed in early Wednesday trading as investors sidelined for a breakthrough in the U.S. fiscal standoff. In Seoul, the KOSPI swung the positive and negative before settling 0.6 percent higher at 4,133.36 by midday. The KOSDAQ rose 1.8 percent to reclaim the 900 level. Foreign investors continued to sell, pushing the Korean won down to near 1,470 per U.S. dollar. Analysts cited conflicting forces — hopes for a U.S. fiscal settlement a
November 12, 2025
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Korea's Oct job data flags persistent weakness in youth employment, record idled MZ
SEOUL, November 12 (AJP) - South Korea’s headline job figures for October extended their steady growth but also underscored persistent cracks in youth hiring and a record number of economically idled people in their 30s — a troubling sign for a country already strained by a fast-aging population and chronically low birth rate. According to data released Wednesday by the Ministry of Data and Statistics, the number of employed people added 193,000 from the same month a y
November 12, 2025
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Leading chip equipment maker ASML sets up major campus in South Korea
SEOUL, November 12 (AJP) - ASML, the Dutch maker of the world’s most advanced semiconductor manufacturing equipment, has completed construction of a new campus in Hwaseong, Gyeonggi Province. The complex is designed to support South Korea’s leading chipmakers, Samsung Electronics and SK hynix, while strengthening local technical capabilities and supply chain stability. The new site will serve as ASML’s key Asian hub, housing a remanufacturing center for deep
November 12, 2025