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  President Lee to focus on policy planning during Lunar New Year holiday SEOUL, February 14 (AJP) - President Lee Jae Myung will scale back public engagements during the five-day Lunar New Year holiday beginning Saturday and remain at the presidential residence to focus on policy planning, officials said. Lee is expected to review a range of pressing domestic and external issues, including tariff negotiations with the United States, efforts to stabilize the real estate market, and administrative integration, while refining his policy direction for the se February 14, 2026
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  OPINION: Korea's economic lifeline: Why its financial system must become transparent SEOUL, February 14 (AJP) - Finance is the bloodstream of an economy. When it flows cleanly—transparent, disciplined, and responsive to real demand—industry strengthens, innovation compounds, households build durable wealth, and the state gains room to maneuver without resorting to panic. When that bloodstream is clogged—by political favoritism, regulatory inconsistency, and the quiet tolerance of chronic underperformance—the economy does not merely slow. It deca February 14, 2026
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  Cha Jun-hwan narrowly misses bronze by less than a point, sets Korean record SEOUL, February 14 (AJP) - On the ninth day of competition at the 2026 Milano–Cortina Winter Olympics on Friday, South Korean athletes delivered notable performances in figure skating and snowboarding. South Korea maintained its tally of one gold, one silver and two bronze medals, remaining 13th in the overall medal standings. Figure skating: Cha Jun-hwan just off the podium In men’s figure skating, Cha Jun-hwan delivered a solid free skate at the Milan February 14, 2026
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  SK chair meets US big tech leaders for HMB4 pitch SEOUL, February 13 (AJP) -SK Group Chairman Chey Tae-won commanding the world's most-sought memory chip unit held a string of meetings with big-tech leaders in the United States to strengthen leadership in AI chip supply chain amid tension with Samsung Electronics over HBM4 supply. His business meetings included all the big tech names Nvidia, Broadcom, Microsoft, Meta and Google engaged in AI chip accelerators, as he pushed to expand partnerships centered on high-bandwidth memor February 13, 2026
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  KOSPI least hit by broad foreigners' regional pullout ahead of long holiday SEOUL, February 13 (AJP) -South Korean shares ended slightly lower Thursday after touching fresh record highs, the least affected in the region by broad foreign withdrawals from East Asian markets ahead of a lengthy Lunar New Year break next week. The benchmark KOSPI fell 0.28 percent to close at 5,507.01, snapping a four-day winning streak. The index climbed as high as 5,583.74 during the session, extending its record, before retreating in afternoon trading. Market flows remain February 13, 2026
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  Popular bakery chain slapped with over 800 million won in fines for labor violations SEOUL, February 13 (AJP) - LBM, the operator of popular bakery chain London Bagel Museum, was slapped with a fine of 810 million Korean won (about US$580,000) over widespread labor law violations, the Ministry of Employment and Labor said on Friday. The bakery was found to have committed multiple violations of labor laws and relevant regulations, including 564 million won in unpaid wages for overtime and night-time and holiday shifts, and was ordered to take corrective action. Re February 13, 2026
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  Bonus polarization deepens as Lunar New Year exposes divide in Korean Inc. SEOUL, February 13 (AJP) - As millions of South Korean breadwinners return home for the Lunar New Year, many do so with thinner envelopes and tighter wallets. This year’s Seollal holiday arrives amid an uncomfortable contrast: a red-hot stock market and record-breaking bonus payouts at a handful of corporate champions, even as a growing share of companies scale back seasonal bonuses. According to a survey by the Korea Enterprises Federation, 58.7 percent of companies paid S February 13, 2026
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  BTS Comeback D-36: War with scalping begins, but victory may not be easy SEOUL, February 13 (AJP) - South Korea’s ticket scalping market has expanded more than fortyfold over the past five years, drawing heightened scrutiny ahead of BTS’s highly anticipated comeback concert and domestic tour. “BTS The Comeback Live: ARIRANG,” scheduled for March 21 at Gwanghwamun Square in Seoul, will offer around 15,000 to 17,000 seats. General reservations open at 8 p.m. on February 23 through NOL Ticket. Of the total, 2,000 stan February 13, 2026
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  Chip-led export price gains more than offset Korea's import inflation in Jan SEOUL, February 13 (AJP) - South Korea's export prices picked up far faster than import prices in January on the back of strong semiconductor demand, more than offsetting import inflation caused by a weak currency, data showed Friday. According to the Bank of Korea, January export prices climbed 4.0 percent from December and 7.8 percent from a year earlier, accelerated from a 0.6 percent monthly gain and a 0.1 percent annual decline in December. Strong demand for chips and February 13, 2026
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  FM meets USFK commander at Camp Humphreys SEOUL, February 13 (AJP) - Foreign Minister Cho Hyun visited Camp Humphreys, a U.S. military base in Pyeongtaek, Gyeonggi Province on Friday. According to the Ministry of Foreign Affairs, Cho met with Gen. Xavier Brunson, commander of U.S. Forces Korea (USFK) earlier in the day. The visit was arranged after Brunson invited Cho during a luncheon last month that also included Elbridge Colby, the U.S. Defense Department's undersecretary of defense for policy, who was visiting February 13, 2026