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  Korea's ETF market surges past 200 trillion won milestone SEOUL, June 05 (AJP) - South Korea’s exchange-traded fund market surged past a major milestone this week, with total net assets reaching a record 201.28 trillion won (approximately $150 billion) on Thursday, according to data released by the Korea Exchange. This marks the first time the fast-growing sector has crossed the 200 trillion won threshold. The achievement underscores the ETF market’s rapid ascent in the country. Net assets have nearly doubled since June 2023 June 5, 2025
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  PHOTOS: Namdaemun's hidden alley serving up noodles, hospitality — and history SEOUL, June 02 (AJP) - In a market as vast and bustling as Namdaemun, one of Seoul’s oldest and busiest commercial hubs, the true culinary treasures are often hidden in plain sight. Tucked into narrow passageways and behind unmarked corners are food alleys that many visitors — and even seasoned locals — walk past without noticing. One such enclave is Kalguksu Alley, a humble yet vibrant corridor that feels worlds away from the souvenir stalls and wholesale clo June 5, 2025
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  S. Korea finalizes $17 billion Czech nuclear deal SEOUL, June 05 (AJP) - The state-run Korea Hydro & Nuclear Power (KHNP) has finalized a landmark agreement to construct two next-generation nuclear reactors in the Czech Republic — marking the country’s first overseas nuclear project in 16 years. The agreement, signed June 4, paves the way for the construction of two reactors at the Dukovany site in southern Czechia. Valued at approximately 26 trillion won (around $17 billion), the deal is South Korea’s first June 5, 2025
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  North Korea issues terse coverage of South Korean presidential election SEOUL, June 5 (AJP) - North Korea's state media on Thursday reported the result of this year's South Korean presidential election, which took place here earlier this week. The state-run Rodong Sinmun newspaper devoted just two sentences to it, saying that Lee Jae-myung was elected as the next president in the South's June 3 election, "just two months after [former President Yoon Suk Yeol' was impeached" over his botched Dec. 3 declaration of martial law las June 5, 2025
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  PHOTOS: Korea's dance heritage SEOUL, June 05 (AJP) - On May 23, the Hanyoungsuk Dance Preservation Society, an organization dedicated to upholding the rich legacy of traditional Korean dance, staged a special performance at the Korea House in Samseong-dong, Seoul. The society honors Han Young-suk, a revered master of Korean dance. Han inherited a repertoire of traditional forms, including Seungmu, Hakchum, Salpuri, and Taepyeongmu, from her grandfather, Han Seong-jun. A pivotal figure in the art form, she meticulously June 5, 2025
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  Korean Air charts global ambitions as group nears 70-year milestone Editor's Note: This article is the 21st installment in our series on Asia's top 100 companies, exploring the strategies, challenges, and innovations driving the region's most influential corporations. SEOUL, June 5 (AJP) - As Hanjin Group prepares to mark its 70th anniversary this November, South Korea’s largest transportation conglomerate is plotting a course for global expansion. The centerpiece of the group’s transformation is Korean Air, which solidifi June 5, 2025
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  Samsung to unveil new foldable smartphone next month SEOUL, June 05 (AJP) - Samsung Electronics plans to unveil the latest iteration of its foldable smartphone line, the Galaxy Z Fold 7, in early July. The forthcoming model is being positioned on par with its flagship Galaxy S Ultra series. Samsung says the device will feature upgraded hardware, advanced artificial intelligence capabilities, and a refined user experience — hallmarks traditionally reserved for its most premium offerings. In a blog post, Samsung provided a fi June 5, 2025
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  US congratulates Lee on election win SEOUL, June 4 (AJP) - The U.S. congratulated South Korean President Lee Jae-myung on his election as the country's 21st president and reaffirmed Washington's commitment to its bilateral alliance with Seoul. In a statement released on Tuesday, the U.S. Secretary of State Marco Rubio said, "We congratulate on his election" as South Korea's next president, adding that the two countries "share an ironclad commitment to the Alliance grounded in our Mutual June 4, 2025
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  Exhibition showcases trend of electric vehicles SEOUL, June 4 (AJP) - South Korea’s premier electric vehicle exhibition, EV Trend Korea 2025, opened in Seoul on Tuesday with an awards ceremony honoring standout innovations in the nation’s fast-growing EV sector. The three-day event, hosted by the Ministry of Environment at COEX convention center, brought together major industry stakeholders, including the Korea Battery Industry Association and the Korea Automotive Environmental Association. Ahn Se-chang, director g June 4, 2025
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  Samsung showcases AI-powered home appliances in Mexico City SEOUL, June 04 (AJP) - Samsung Electronics unveiled its latest line of artificial intelligence-powered home appliances at a regional tech event in Mexico City, as the South Korean tech giant ramps up efforts to expand its footprint in the Latin American market. The “2025 Latin America Tech Seminar” brought together about 60 media representatives and industry professionals from 13 countries, including Brazil, Chile, Colombia and Mexico. The event marked the regional de June 4, 2025