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  Won-based digital currency becomes hot topic in presidential race SEOUL, May 20 (AJP) - Stablecoins have become an unexpected battleground in South Korea’s presidential election, as major candidates debate the merits and risks of introducing a won-based digital currency. While proponents frame the move as a way to bolster national financial sovereignty, critics warn of regulatory gaps and potential misuse. The opposition Democratic Party (DP), led by presidential contender Lee Jae-myung, has proposed the issuance of a stablecoin backed by May 20, 2025
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  LG Electronics targets emerging markets in global HVAC push SEOUL, May 20 (AJP) - LG Electronics is intensifying its push into emerging markets, aiming to capture a growing share of the global heating, ventilation and air conditioning (HVAC) market. This week, the technology company hosted its “LG HVAC Leaders’ Summit 2025,” a four-day gathering of industry consultants from across Asia, the Middle East, Africa, and Latin America. The summit, held in South Korea, brought together specialists from countries including Ind May 20, 2025
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  Lee targets key swing regions as Kim highlights welfare issues in Seoul campaign push SEOUL, May 20 (AJP) - With just two weeks left until South Korea’s snap presidential election on Jun. 3, Democratic Party (DP) candidate Lee Jae-myung and People Power Party (PPP) candidate Kim Moon-soo are stepping up their campaigns in the capital region on Tuesday, each appealing to core and swing voters with contrasting schedules. The election was called after former president Yoon Suk Yeol was impeached and removed from office for abuse of power. On Dec. 3 last year, Yo May 20, 2025
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  Lee Jae-myung bets big on artificial intelligence to revive economy Editor’s Note: This is the first in a two-part series examining the economic campaign promises of Democratic Party presidential candidate Lee Jae-myung. SEOUL, May 20 (AJP) - South Korea’s Democratic Party presidential candidate, Lee Jae-myung, is wagering his economic revival plan on a massive national investment in artificial intelligence, vowing to elevate the country into the ranks of the world’s top AI powers with a bold 100 trillion won ($70.6 billion) initia May 20, 2025
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  OPINION: Tajikistan promotes global awareness of the crucial importance of glaciers. SEOUL, May 19 (AJP) - The International Conference on Glacier Preservation is scheduled to take place in Dushanbe from May 29 to 31 in accordance with the United Nations General Assembly Resolution declaring 2025 as the International Year of Glacier Preservation. The aim of this international conference is to raise global awareness about the crucial importance of glaciers and to prevent their accelerated melting. It seeks to promote international cooperation and joint actions, sci May 19, 2025
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  South Korean expats to begin voting for new president this week SEOUL, May 19 (AJP) - Overseas voting for the June 3 presidential election is set to begin on Tuesday at some 223 polling stations in 118 countries around the world, election watchdog National Election Commission (NEC) said on Monday. Some 258,254 overseas South Koreans will be eligible to vote over a six-day period that runs until next Monday, at around 182 embassies and consulates abroad, along with some 41 newly added polling stations set up for military units dispatched to Leban May 19, 2025
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  SK Telecom breach exposes nearly 27 million subscriber records SEOUL, May 19 (AJP) - Nearly all customers of SK Telecom, South Korea’s largest wireless carrier, may have been affected by a major cybersecurity breach that exposed nearly 10 gigabytes of sensitive subscriber identification data, the government said on Monday. A joint investigation by the Ministry of Science and ICT and the Korea Internet & Security Agency (KISA) found that the breach compromised more than 26.95 million subscriber identification numbers — a figure t May 19, 2025
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  Poultry imports from Brazil suspended over bird flu concerns SEOUL, May 19 (AJP) - South Korea has suspended imports of poultry from Brazil following an outbreak of highly pathogenic avian influenza (HPAI) in the South American nation. The suspension, which took effect for shipments departing Brazil on or after May 16, includes hatching eggs, table eggs, day-old chicks, poultry meat and related products, according to the Ministry of Agriculture, Food and Rural Affairs, Monday. For shipments made after May 1 but before the ban's effec May 19, 2025
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  Teen South Korean baseball player signs with Texas Rangers SEOUL, May 19 (AJP) - Teen baseball player Kim Seong-jun has signed with the Texas Rangers in Major League Baseball in the U.S. Announcing their deal with Kim as an international free agent, the Rangers said on Sunday, "Kim, a shortstop and right-handed pitcher, is in his final year at Gwangju Jeil High School in South Korea and will graduate in January 2026, at which point he will join the organization." "We're so excited about , a world-class talent and May 19, 2025
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  Samsung OLED TVs receive Nvidia G-SYNC Compatible certification SEOUL, May 19 (AJP) - Samsung Electronics said its 2025 OLED television lineup has received Nvidia’s "G-SYNC Compatible" certification, a move the company says reinforces its position in the high-end gaming display market. The certification, which ensures smoother gameplay by synchronizing the TV’s refresh rate with a connected graphics card’s frame rate, is the latest in a series of gaming-focused upgrades. The announcement follows Samsung’s ear May 19, 2025