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  • S. Koreas security chief visits Washington for urgent talks as tariff deadline approaches
    S. Korea's security chief visits Washington for urgent talks as tariff deadline approaches SEOUL, July 21 (AJP) - South Korea's National Security Advisor Wi Sung-lac has arrived in Washington, D.C. on Sunday (local time), returning just 11 days after his previous trip, to prevent a looming trade conflict with the United States and finalize plans for a summit between South Korean President Lee Jae-myung and U.S. President Donald Trump. South Korean officials predict that Wi will meet U.S. Secretary of State Mark Rubio, who also serves as National Security Advisor. Wi July 21, 2025
  • Scorching heat returns with vengeance as monsoon season ends
    Scorching heat returns with vengeance as monsoon season ends SEOUL, July 21 (AJP) - Scorching heat has returned, with temperatures soaring above 30 degrees Celsius across the country, as the monsoon season ended with a last bout of torrential rains that battered southern regions over the weekend. With recovery efforts from flooding and landslides still underway, temperatures climbed to as high as 34 degrees, prompting the Korea Meteorological Administration (KMA) to issue heat advisories for most parts of the country on Monday. Daytime hig July 21, 2025
  • SK Ecoplant under scrutiny over alleged accounting irregularities linked to IPO
    SK Ecoplant under scrutiny over alleged accounting irregularities linked to IPO SEOUL, July 21 (AJP) - SK Ecoplant, the environmental services arm of South Korea’s SK Group, is under scrutiny by financial regulators over allegations it inflated revenues at its U.S. subsidiary to bolster its valuation ahead of a planned initial public offering. The Financial Supervisory Service (FSS) is set to hold a key audit committee meeting on Thursday to review the results of a months-long investigation into the company’s accounting practices. A preliminary hear July 21, 2025
  • Govt begins handing out cash vouchers to all South Koreans
    Gov't begins handing out cash vouchers to all South Koreans SEOUL, July 21 (AJP) - Starting Monday, all South Koreans are entitled to receive a handout ranging from 150,000 won to 550,000 won (US$108–$395), depending on their income brackets. Each eligible person can apply by Sept. 12 to receive 150,000 won in the form of cash vouchers, credit card points, or other gift options valid at local stores for three months, followed by an additional 100,000 won this fall, though the top 10 percent of earners will be excluded from the second r July 21, 2025
  • [K-Tech] LG CNS partners with Honeywell to jointly develop AI-powered automation systems
    [K-Tech] LG CNS partners with Honeywell to jointly develop AI-powered automation systems SEOUL, July 21 (AJP) - South Korean IT solutions provider LG CNS said Monday it has entered into a partnership with Honeywell of the United States to develop artificial intelligence-based automation technologies tailored for American manufacturing. The collaboration was finalized during a July 8 meeting in Houston between Hyun Shin-gyoon, chief executive of LG CNS, and Pramesh Maheshwari, president of Honeywell Process Solutions. The two companies will jointly develop automation July 21, 2025
  • PHOTOS: Torrential rains, landslides devastate southern villages
    PHOTOS: Torrential rains, landslides devastate southern villages SEOUL, July 21 (AJP) - Heavy rainfall that battered South Korea from July 16 to 20 has resulted in at least 18 deaths and left 9 people missing, according to the Ministry of Interior and Safety. The southern province of South Gyeongsang bore the brunt of the casualties, with 10 fatalities reported in Sancheong, a county severely affected by landslides. Across 15 cities and provinces, the torrential downpours forced 14,166 residents from 9,887 households to evacuate their homes, July 21, 2025
  • Trump-era tax law threatens Hyundais US EV sales, $2 billion at risk: analysis
    Trump-era tax law threatens Hyundai's US EV sales, $2 billion at risk: analysis SEOUL, July 21 (AJP) - Hyundai Motor Group could lose up to $1.95 billion in U.S. electric vehicle sales following the enactment of Trump’s sweeping tax legislation, the One Big Beautiful Bill Act (OBBBA), according to the Federation of Korean Industries. The OBBBA, which took effect on July 4, abruptly ends key clean energy incentives introduced under former U.S. President Biden, including the $7,500 federal EV tax credit. The phase-out — now set to conclude by Septem July 21, 2025
  • [K-Tech] South Korea nears decision on landmark energy storage tender
    [K-Tech] South Korea nears decision on landmark energy storage tender SEOUL, July 21 (AJP) - South Korea is poised to award its first large-scale energy storage system (ESS) tender this week, a 1 trillion won (approximately $720 million) project that has drawn fierce competition among the country’s top battery makers. The outcome could reshape the strategic priorities of an industry grappling with faltering global demand for electric vehicles. The Korea Power Exchange, under the Ministry of Trade, Industry and Energy, is expected to announce July 21, 2025
  • US tariffs on Chinese graphite open door for Korean supplier POSCO Future M
    US tariffs on Chinese graphite open door for Korean supplier POSCO Future M SEOUL, July 21 (AJP) - The U.S. Department of Commerce has made a preliminary decision to impose a 93.5 percent anti-dumping tariff on anode-grade graphite imported from China, a move that could position South Korea’s POSCO Future M as a key beneficiary. The decision, announced on July 17, marks a notable shift from earlier actions that targeted specific companies — such as the more than 700 percent countervailing duties slapped on China’s Kaijin in May. This July 21, 2025
  • Police find homemade bomb at suspects home after fatal gun attack
    Police find homemade bomb at suspect's home after fatal gun attack SEOUL, July 21 (AJP) - Police on Monday raided the home of a man in his 60s who had fatally shot his son the night before, retrieving a homemade explosive device. The suspect is now being questioned in connection with the rare firearm-related homicide, an unusual occurrence in South Korea, where private gun ownership is strictly regulated. According to the Seoul Metropolitan Police Agency, on July 21, a special operations team was dispatched to the suspect's apartment in north July 21, 2025