Latest
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Samsung Electronics sees surge in AI appliance sales
SEOUL, June 10 (AJP) - Samsung Electronics reported a sharp rise in sales of its flagship artificial intelligence-powered home appliances in the first five months of 2025. The company said sales of its AI-enhanced air conditioners, refrigerators, and washing machines grew significantly year-over-year between January and May, underscoring growing consumer appetite for connected, adaptive home devices. Sales of Samsung’s AI air conditioners — including both stand-alon
June 10, 2025
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PHOTOS: Fire at historic Seoul temple extinguished
SEOUL, June 10 (AJP) - A fire that broke out Tuesday within the revered Jogyesa Temple compound in central Seoul was extinguished without any reported casualties, authorities said. The blaze originated in the international conference hall on the second floor of the Korean Buddhism History and Culture Memorial Hall, a building adjacent to the main temple. Firefighters brought the flames under control approximately 90 minutes after they began. Around 142 personnel and 35 fire veh
June 10, 2025
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South Korea set to face Kuwait in final Asian qualifier after securing World Cup berth
SEOUL, June 10 (AJP) - South Korea is set to face Kuwait in a home match in Seoul on Tuesday evening, which serves as the final round of Asian qualifiers for next year's FIFA World Cup. After beating Iraq 2-0 in an away match last week, the country has already secured its berth for the quadrennial event, which will be co-hosted by Canada, Mexico and the U.S. next summer. Grouped with Iraq, Jordan, Kuwait, Oman and Palestine, South Korea has secured 19 points from five wins an
June 10, 2025
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Musinsa aims to be gateway for Korean fashion abroad
SEOUL, June 10 (AJP) - South Korean fashion platform Musinsa on Tuesday unveiled an ambitious international expansion strategy, aiming to position itself as the leading conduit for domestic fashion brands seeking global markets. At a press briefing held at Dongdaemun Design Plaza in Seoul, CEO Park Jun-mo said the time is ripe for Korean fashion to capitalize on the global popularity of Korean culture. He noted that despite the international success of K-pop, television dramas, an
June 10, 2025
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President Lee to meet corporate leaders this week
SEOUL, June 10 (AJP) - President Lee Jae-myung is set to hold his first meeting with the heads of largest conglomerates this week. The meetings are expected to take place Thursday or Friday at the presidential office in Yongsan, ahead of Lee’s departure for the Group of Seven summit in Canada, scheduled for June 15 to 17. The agenda is expected to focus on current economic challenges and the administration’s policy priorities. According to business people briefed on
June 10, 2025
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Bank of Korea sounds alarm as won-backed stablecoin momentum builds
SEOUL, June 10 (AJP) - As interest in won-denominated stablecoins intensifies, the Bank of Korea is cautioning that a premature rollout could jeopardize the nation’s monetary stability. Central bank officials say that without carefully designed regulations, stablecoins could pose systemic risks and weaken the South Korean currency's status as legal tender. In response, the Bank of Korea will host a high-profile conference on July 1 to address the implications of stablec
June 10, 2025
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Photographer condemns 'Rooftop Koreans' meme by Trump Jr. as offensive, unauthorized
SEOUL, June 10 (AJP) - A Pulitzer Prize-winning photojournalist is speaking out against Donald Trump Jr. for the unauthorized use of his photo from the 1992 Los Angeles riots — a move critics say distorts history and inflames racial tensions. Hyungwon Kang, a former photo editor for the Los Angeles Times, said Trump Jr. posted one of his most recognizable photographs on social media without his permission with the caption, “Make Rooftop Koreans Great Again!” I
June 10, 2025
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Firefighters extinguish blaze near Jogyesa Temple in central Seoul
SEOUL, June 10 (AJP) - A fire that broke out at a building next to Jogyesa Temple in central Seoul on Tuesday morning was fully extinguished about two hours later. According to firefighters, the blaze started at around 10:20 a.m. and was put out around noon. About 300 people were evacuated, and over 30 artifacts on display at the building were moved to the nearby National Palace Museum of Korea due to concerns over possible damage. No casualties have been reported so far. F
June 10, 2025
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Doosan Enerbility signs $650 million deal to build gas-fired power plant in Vietnam
SEOUL, June 10 (AJP) - South Korean energy company Doosan Enerbility has secured a contract valued at approximately 900 billion Korean won, or $650 million, to build a major gas-fired power plant in southern Vietnam, in partnership with the state-owned Petrovietnam. The agreement, signed on June 6 in Hanoi, marks one of the largest foreign energy infrastructure deals in Vietnam this year. The project involves construction of a combined cycle gas turbine power plant, located rou
June 10, 2025
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President Lee invites public to help select top government officials
SEOUL, June 10 (AJP) - President Lee Jae-myung has invited Tuesday South Koreans to help select key members of his new administration, opening a one-week nomination period for senior government posts including ministers, vice ministers, and heads of public institutions. The initiative announced on Jun. 10 is part of the president’s broader push to build what he calls a “citizen-led government.” The public can submit recommendations through a dedicated website run
June 10, 2025