North Korean leader highlights 'traditional friendship' with China in letter to Xi SEOUL, March 10 (AJP) - North Korean leader Kim Jong-un has expressed his expectations for further cooperation with his country's traditional alley in a letter to Chinese President Xi Jinping, state media reported on Tuesday. According to the state-run Korean Central News Agency, Kim sent the letter to Xi the previous day, expressing his belief that cooperation between the two countries "will become even closer in the future." He was also quoted as saying th March 10, 2026

LG CNS invests in U.S. robotics firm Dexmate, broadening humanoid hardware lineup SEOUL, March 10 (AJP) - South Korean IT solutions provider LG CNS said it has made a strategic investment in Dexmate, a Silicon Valley-based robotics startup, marking the first such deal by a Korean company with the U.S. firm. The investment, announced Tuesday, was channeled through LG Technology Ventures, the conglomerate's corporate venture capital arm. Dexmate, founded by PhDs from MIT, UC San Diego and Carnegie Mellon University, manufactures humanoid robots whose hardwar March 10, 2026

Joint research team develops mRNA platform effective for aging and obesity SEOUL, March 10 (AJP) - A joint research team from the Korea Advanced Institute of Science and Technology (KAIST) and the Catholic University of Korea has developed a new mRNA platform designed to maintain high therapeutic efficacy in elderly and obese populations. The technology improves the production of therapeutic proteins by optimizing specific regulatory sequences within mRNA molecules, addressing a major limitation where current treatments lose effectiveness due to age or meta March 10, 2026

KOSPI swings back up 5% on easing oil prices and Trump comment on war SEOUL, March 10 (AJP) — South Korean shares swung back as sharply as their fall, riding on a rapid retreat in oil prices after the U.S. president vowed the fighting in the Middle East could be “ended soon” and G7 ministers scrambled to take concerted action to ease prices through a possible release of strategic reserves. A sidecar was issued as soon as the opening bell on Tuesday, but unlike the previous morning it was triggered to cool buy-side momentum as both March 10, 2026

OPINION: Why defense stocks aren't sure bet in turbulent times SEOUL, March 10 (AJP) - As global tensions rise, such as the ongoing conflict in the Middle East, financial markets often grow more cautious. As gunfire grows louder, investors tend to shift their attention away from the human toll and toward which industries might benefit and which stocks could climb. Defense companies are often viewed as potential winners in these moments. Over the past year, shares of major weapons makers in advanced countries have risen sharply. Some estimates s March 10, 2026

South Korea GDP confirmed contracting in Q4, 2025 growth slowest in five years SEOUL, Mar. 10 (AJP) — South Korea confirmed that its economy contracted in the fourth quarter of 2025, while full-year growth slowed to its weakest pace in five years amid a slump in construction and slowed investment activity. According to final data released by the Bank of Korea on Tuesday, real gross domestic product (GDP) fell 0.2 percent from the previous quarter in the October–December period, marking a return to contraction after earlier gains in the year. March 10, 2026

Coupang investors withdraw U.S. trade probe petition as Seoul shifts toward arbitration SEOUL, March 10 (AJP) - U.S. investment firms backing Coupang Inc. have withdrawn their request for a U.S. trade investigation into South Korea’s treatment of the e-commerce company, as the dispute shifts toward an investment arbitration case under the Korea–U.S. Free Trade Agreement. Greenoaks and Altimeter said Monday they had withdrawn a petition filed under Section 301 of the U.S. Trade Act, which had asked the Office of the United States Trade Representative (USTR March 10, 2026

South Korea survives a dramatic tiebreaker to advance WBC quarterfinals in 17 years SEOUL, March 10 (AJP) - South Korea advanced to the quarterfinals of the World Baseball Classic for the first time in 17 years on Monday, defeating Australia 7–2 in Tokyo through a combination of disciplined execution, mathematical precision — and a measure of luck. The win at Tokyo Dome gave South Korea the exact margin it needed — a victory by at least five runs while allowing no more than two — to edge past Australia and Chinese Taipei in Pool C and secu March 10, 2026

BTS Comeback D-12 Seoul to deploy 3,400 personnel for BTS event SEOUL, March 09 (AJP) - The Seoul City will deploy more than 3,400 personnel to manage crowds and ensure safety during the upcoming BTS comeback event scheduled for March 21 at Gwanghwamun Square, the heart of the capital city. City officials said nearby subway stations will bypass stops and bus routes will be temporarily diverted on the day of the event to reduce congestion around the venue. Seoul Mayor Oh Se-hoon hosted a joint safety inspection meeting Monday with officials March 9, 2026

Korea and India beef up institutional financing to prepare for expanding business ties SEOUL, March 09 (AJP) - Institutional financing links between South Korea and India are gaining traction as the world's most populous nation accelerates economic expansion and seeks advanced manufacturing capabilities in sectors ranging from small modular nuclear reactors to defense and shipbuilding. A closed-door investor relations conference jointly hosted by SK Securities and India's ICICI Group in Seoul on Monday underscored the growing momentum. The event drew major Kor March 9, 2026