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From India plants to CES, Hyundai Motor Group chairman signals long-term tech ambitions
SEOUL, January 14 (AJP) - Hyundai Motor Group Chairman Chung Eui-sun has begun 2026 with a series of overseas visits spanning China, the U.S. and India, underscoring the group’s focus on future technologies including mobility, hydrogen, artificial intelligence and robotics. Hyundai said Wednesday that Chung visited Hyundai Motor’s Chennai plant in southeastern India and Kia’s Anantapur plant in central India, followed by Hyundai Motor’s Pune plant in west
January 14, 2026
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BTS to tour 34 cities across world with over 70 gigs
SEOUL, January 14 (AJP) - K-pop boy band BTS will embark on a world tour in April, marking their first large-scale tour in about four years since their last one in Las Vegas in 2022. The group teased the tour on Wednesday at midnight with a poster on the global fan platform Weverse. The tour will begin in Goyang, Gyeonggi Province, before heading to stops across North America, Europe, South America, and Asia. With some 79 shows planned across 34 major cities across the world,
January 14, 2026
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Taekwang Industries to acquire Dongsung Pharmaceutical in K-beauty push
SEOUL, January 14 (AJP) - Taekwang Industries said Wednesday it will acquire mid-sized drugmaker Dongsung Pharmaceutical through a consortium with United Asset Management Co., known as UAMCO, marking its latest move to diversify beyond its core chemicals and textiles businesses. Taekwang's board approved the acquisition at a meeting held Jan. 7. Dongsung produces a range of consumer health and personal-care products. Taekwang said the deal is intended to accelerate its ex
January 14, 2026
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Seoul bus workers to resume wage talks as strike enters second day
SEOUL, January 14 (AJP) - Unionized bus workers in Seoul are set to resume wage negotiations with management on Wednesday, after going into an indefinite strike the previous day that suspended all services. With a second day of major traffic disruptions, the two sides are scheduled to sit down for talks again at 3 p.m., following a series of previous negotiations that collapsed as they failed to narrow their differences. The main point of dispute is whether bonuses should be incl
January 14, 2026
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South Korea's stock market cap jumps 76 percent in 2025
SEOUL, January 14 (AJP) - South Korea’s stock market capitalization surged nearly 80 percent over the past year, propelled by sharp gains in Samsung Electronics and SK hynix. Total market capitalization rose by 1,718 trillion won ($1.3 trillion) to 3,972 trillion won at the start of this year, from 2,254 trillion won a year earlier, according to an analysis released Wednesday by the Korea CXO Institute. The rally also broadened the ranks of large-cap stocks. T
January 14, 2026
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Lee–Takaichi Nara summit strikes light tone with K-pop drums, sidesteps thorny issues
SEOUL, January 13 (AJP) -South Korean President Lee Jae Myung and Japanese Prime Minister Sanae Takaichi held a summit Wednesday in Japan’s ancient city of Nara, reaffirming their commitment to what they described as a new 60 years of bilateral relations while striking an unusually light-hearted tone that emphasized cultural rapport over sensitive disputes. After their talks and joint press statements, the Japanese side arranged an unannounced cultural event during a closed-do
January 13, 2026
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Korean pastor Jeon Kwang-hoon arrested over alleged role in court rampage
SEOUL, January 13 (AJP) -South Korean ultra-right pastor Jeon Kwang-hoon of Sarang Jeil Church was arrested at court on suspicion of orchestrating a violent rampage at the Seoul Western District Court following the arrest of former President Yoon Suk Yeol last year on Wednesday, the same day prosecutors asked for a death penalty for Yoon for his ill-served marital-law attempt. The Seoul Western District Court issued an arrest warrant for Jeon after a pre-arrest hearing, citing co
January 13, 2026
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Special counsel seeks death penalty for ex-President Yoon over failed martial law bid
SEOUL, January 13 (AJP) -Special Counsel Cho Eun-suk on Wednesday sought the death penalty for former President Yoon Suk Yeol, accusing him of leading an insurrection through his short-lived imposition of martial law on Dec. 3, 2024. Cho’s team asked the Seoul Central District Court’s Criminal Division 25, presided over by Judge Ji Gui-yeon, to impose the maximum sentence during the final sentencing hearing, describing Yoon as the “ringleader” of an anti-c
January 13, 2026
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Japan and Korean stocks keep up rally
SEOUL, January 13 (AJP) - Asian equities were mostly higher on Tuesday, led by sharp gains in Japan and Korea. In Seoul, the KOSPI rose 1.5 percent to close at a fresh high of 4,692.6, helped by gains in autos, energy and industrial shares. In contrast, the tech-heavy KOSDAQ edged down 0.1 percent to finish at 948.9. Among blue-chip stocks, Samsung Electronics edged down 0.7 percent to 137,900 won ($93.5), while SK hynix slid down 1.4 percent to 738,000 won, weighing on the br
January 13, 2026
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Rigorous Korean hair formula behind perfect K-drama hair fuels global sales
SEOUL, January 13 (AJP) — Long, glossy black hair catching the light as it moves in the breeze has become a familiar image of Korean heroines in romantic dramas. The look has captivated global audiences — and it is translating into booming overseas sales of Korean hair-care products. According to South Korea’s Ministry of Food and Drug Safety (MFDS), cosmetics exports reached a record $11.4 billion in 2025, up 12.3 percent from a year earlier. The United States a
January 13, 2026