Latest
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LG CNS unveils cold-chain logistics robot at U.S. trade show, eyes North American market
SEOUL, April 15 (AJP) - LG CNS showcased a new warehouse automation robot capable of operating in sub-zero freezer environments at a major North American logistics trade show, as the South Korean IT services firm pushes to expand its footprint in the United States. The company unveiled its "Mobile Shuttle" system at Modex 2026 on Monday (local time) in Atlanta, where the robot was highlighted for its ability to function continuously at temperatures as low as minus 26 degre
April 15, 2026
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Startup Upstage becomes South Korea's first AI unicorn after raising more funds
SEOUL, April 15 (AJP) - Artificial intelligence (AI) startup Upstage has raised about 180 billion Korean won (about US$120 million) in its latest funding round, the company said on Wednesday. With the funding, Upstage, now valued at more than 1 trillion won, became South Korea's first unicorn among generative AI companies. According to Upstage, the fresh fund was raised in a round led by Sage Partners, a Silicon Valley-based global venture capital and early investor that has
April 15, 2026
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South Korea jobs rise in March, but youth outlook worsens
*Updated with additional information SEOUL, April 15 (AJP) -South Korea's headline jobs market maintained resilience in March as the impact of the Gulf war remained peripheral for now, but data pointed to worsening conditions for youth, signaling a structural job cliff for young people. The number of employed people rose by 206,000 from a year earlier to 28.795 million, easing slightly from a 234,000 increase in February, according to data released by the Data and Statist
April 15, 2026
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Trump hints at another round of talks with Iran 'over the next two days'
SEOUL, April 15 (AJP) - U.S. President Donald Trump on Tuesday hinted at additional peace talks between the U.S. and Iran could take place in Pakistan within the next few days. Trump said in an interview with The New York Post, "You should stay there, really, because something could be happening over the next two days." "We are more inclined to go there. It's more likely, you know why? Because the field marshal is doing a great job," he added, referring
April 15, 2026
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South Korea recruits foreign influencers as Seoul seeks to move beyond K-pop
SEOUL, April 15 (AJP) - A group of 120 international content creators is set to fan out across the South Korean provinces this year, part of an aggressive push by the Ministry of Culture, Sports and Tourism to diversify the national brand, the ministry said Wednesday. Starting April 17 in the traditional stronghold of Jeonju, the project marks a calculated attempt to steer global attention away from the neon-lit aesthetics of K-pop and toward the historical substance of the rural int
April 15, 2026
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French Cinema Week expands to nationwide scale as diplomatic milestone nears
SEOUL, April 15 (AJP) - The French Embassy in Seoul launches its most ambitious cinema showcase to date on April 24, deploying 10 unreleased films across five major South Korean cities to commemorate the 140th anniversary of diplomatic relations between the two nations, the embassy said Tuesday. By expanding the festival footprint to Seoul, Busan, Gwangju, and Incheon, Paris is leveraging its cultural exports to deepen a strategic partnership that has evolved from a nineteenth-centur
April 15, 2026
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Korea's import-export prices surge to Asian crisis-era levels on Gulf shock
SEOUL, April 15 (AJP) - South Korea's import prices jumped at the steepest pace in nearly three decades as the outbreak of a full-blown war in the Gulf triggered a sharp surge in energy prices and the U.S. dollar against the Korean won, but trade terms remained robust so far as export prices rose at a similar pace on strong global demand for refined fuels and memory chips. According to preliminary export and import price data for March released by the Bank of Korea (BOK) on
April 15, 2026
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South Korean engineers find better way to use light for AI
SEOUL, April 15 (AJP) - Researchers in South Korea have created a new component that makes it easier to control light on a microchip, which could significantly boost the performance of artificial intelligence and quantum computers. The team, representing both the Korea Advanced Institute of Science and Technology and Hanyang University, designed a device that uses light interference to manage signals with much higher accuracy than current methods. The Korea Advanced Institute of Scie
April 15, 2026
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Pulmuone climbs to 3rd among global food firms in S&P sustainability ranking
SEOUL, April 15 (AJP) - South Korean food maker Pulmuone announced it achieved its highest-ever ranking in S&P Global's Corporate Sustainability Assessment, climbing to third place among global food companies from fourth a year earlier. The result, based on the 2025 CSA and reflected in S&P Global's Sustainability Yearbook 2026 published in February, marks the third consecutive year Pulmuone has placed in the top five of the food products category. The assessment eva
April 15, 2026
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Korean refiners activate 'Plan B' as Hormuz risks complicate crude diversification
SEOUL, April 14 (AJP) - South Korea’s refiners are activating contingency plans to diversify crude imports from North America as tensions around the Strait of Hormuz escalate, though analysts warn that hidden costs could limit the effectiveness of such moves. At first glance, alternative sourcing appears feasible. But industry officials say higher freight rates, refinery compatibility issues, and premiums on substitute crude could significantly raise costs. Acc
April 14, 2026