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  • Investigators weigh in on timing for another attempt to arrest Yoon
    Investigators weigh in on timing for another attempt to arrest Yoon Security officials stroll at President Yoon Suk Yeol's official residence in Hannam-dong, Seoul on Jan. 9, 2025. Yonhap SEOUL, January 9 (AJP) - Investigators are gearing up for another attempt to arrest President Yoon Suk Yeol over last month's botched martial law debacle. The Corruption Investigation Office for High-ranking Officials (CIO) failed to arrest him in its first attempt after an hours-long standoff with security officials at Yoon's official residence in Hannam- January 9, 2025
  • [CES 2025] Silicon Valley, Korean startups connect at Las Vegas networking event
    [CES 2025] Silicon Valley, Korean startups connect at Las Vegas networking event LAS VEGAS, January 7 (AJP) - Over 50 startup representatives from Silicon Valley and Korea gathered at a grand Las Vegas mansion on Jan. 7, exchanging ideas and forging connections at the "Silicon Valley Leaders Networking Event." Hosted by the Innobiz Association under the South Korean Ministry of SMEs and Startups, the event provided a platform for Korean innovators to connect with Silicon Valley leaders and explore global market expansion opportunities. "CES i January 9, 2025
  • [CES 2025] Soosan Group eyes AI integration for global growth
    [CES 2025] Soosan Group eyes AI integration for global growth LAS VEGAS, January 9 (AJP) - Chung Suk-hyun, chairman of Soosan Group, a South Korean nuclear power equipment manufacturer, has vowed to strengthen the company's global market presence through the adoption of artificial intelligence (AI) and innovative approaches. Speaking to Aju Business Daily at the CES 2025 in Las Vegas, Chung, a recipient of the inaugural Aju Innovation Leader Grand Awards, emphasized the need for pioneering technologies to compete on the global stage. &q January 9, 2025
  • [CES 2025] Health tech innovations take center stage at CES 2025
    [CES 2025] Health tech innovations take center stage at CES 2025 LAS VEGAS, January 8 (AJP) - The health technology sector is a major focus at CES 2025, with exhibitors showcasing a range of AI-powered medical devices and assistive technologies designed for an aging population. The Korean Pavilion, featuring innovations from Gwangju, Seongnam, Daejeon, and Seoul, is a hub for these cutting-edge developments. One standout is Skeeper's AI stethoscope, which integrates a thermometer, camera, and expandable memory. This versatile device offe January 9, 2025
  • Korean food firms see surge in revenue thanks to strong overseas sales
    Korean food firms see surge in revenue thanks to strong overseas sales SEOUL, January 9 (AJP) - More than 10 South Korean food manufacturers surpassed 3 trillion won ($2.05 billion) in annual revenue in 2024, driven by strong overseas demand for Korean beverages, snacks, and tofu products. According to data from financial analysis firm FnGuide released Thursday, Lotte Chilsung Beverage is projected to lead the pack with 4.07 trillion won in revenue, a 26.4 percent increase from the previous year. Other major players exceeding 4 trillion won include CJ January 9, 2025
  • Mercury drops to coldest this winter
    Mercury drops to coldest this winter SEOUL, January 9 (AJP) - A biting cold hit the entire country on Thursday, with temperatures in Seoul plunging below -10 degrees Celsius, the coldest day of this winter. According to the Korea Meteorological Administration, the morning low in Seoul fell to -10.2 degrees, but the wind chill effect made it feel even colder, bringing the temperature down by 5 to 10 degrees. The lowest morning temperatures were -16.9 degrees in Daegwallyeong in Gangwon Province, -13.6 degree January 9, 2025
  • [CES 2025] SK hynixs memory development outpacing Nvidias demands, Chey says
    [CES 2025] SK hynix's memory development outpacing Nvidia's demands, Chey says LAS VEGAS, January 8 (AJP) - SK hynix's development of high-bandwidth memory (HBM) chips is now advancing faster than Nvidia's requirements, SK Group Chairman Chey Tae-won said. He made the remark on Wednesday after meeting with Nvidia CEO Jensen Huang during CES in Las Vegas. "Previously, SK hynix's development pace lagged slightly behind Nvidia's, and they were asking us to speed up our development. But recently, it could be said that our development spee January 9, 2025
  • South Korea, Pakistan begin economic partnership talks
    South Korea, Pakistan begin economic partnership talks SEOUL, January 9 (AJP) - South Korea and Pakistan officially launched negotiations for an Economic Partnership Agreement (EPA) on Thursday, marking a significant step in Seoul's efforts to expand its trade footprint in Southwest Asia. The EPA, a broader agreement than a traditional free trade deal, aims to deepen economic ties between the two nations. Pakistan, with its strategic location bordering China and India, is seen as a crucial market in the evolving Asian economic lands January 9, 2025
  • Toyota Motor charts bold path toward sustainability amid fierce competition
    Toyota Motor charts bold path toward sustainability amid fierce competition Editor's Note: This article is the second installment in our series on Asia's top 100 companies, exploring the strategies, challenges, and innovations driving the region's most influential corporations. SEOUL, January 7 (AJP) - Japan's Toyota Motor Corp., the world’s largest automaker, is doubling down on its commitment to sustainable mobility as it faces mounting pressure from rivals and rapid shifts in the global auto industry. The Japanese automotive gian January 9, 2025
  • Bills for independent probe into Yoon and first lady scrapped once again in National Assembly
    Bills for independent probe into Yoon and first lady scrapped once again in National Assembly SEOUL, January 8 (AJP) - Bills proposing independent prosecutors to investigate President Yoon Suk Yeol and his wife Kim Keon Hee over several allegations including Yoon's botched martial law debacle last month were scraped in the National Assembly on Wednesday. The bills, which had passed during a plenary session last month after Acting President Choi Sang-mok's veto, failed to secure enough votes to override the veto, with 198 and 196 votes in favor each, falling short of January 8, 2025