KAIST launches nationwide campaign to share failures on International Day of Failure SEOUL, October 13 (AJP) - KAIST has launched a national campaign inviting people to share their everyday mistakes to mark the International Day of Failure on October 13, highlighting the idea that failure is the starting point of innovation and challenge. "Failure should not be feared. A culture that accepts it is the basis of creativity and progress," said KAIST President Lee Kwang-hyung. "Even for just one day, I hope everyone will recall a small failure they expe October 13, 2025

South Korea discusses security measures with Cambodia amid rising crimes SEOUL, October 12 (AJP) - Amid a string of crimes targeting South Koreans in Cambodia, authorities are considering measures to strengthen consular support and bolster local investigative capabilities to crack down on them. According to government sources on Sunday, South Korea is in talks with Cambodia to bolster security by increasing police personnel at the South Korean Embassy in Phnom Penh and forming a joint task force to tackle the rise in employment scam-related crimes incl October 12, 2025

Sales of gold bullion surge as more people turn to safer assets SEOUL, October 12 (AJP) - As gold prices continue to soar, savvy people and investors are increasingly turning to the precious metal to grow their assets amid record-low interest rates. According to relevant data released on Sunday, total balances in bank accounts at South Korea's top three banks - KB Kookmin, Shinhan, and Woori - stood at 1.51 trillion Korean won as of early this month, up 95.9 billion won in just about a week from the end of last month and up 730.8 billion won October 12, 2025

South Korea, U.S. trade chiefs to meet in Washington amid deadlock in tariff-related negotiations SEOUL, October 12 (AJP) - South Korea and the U.S. will hold ministerial-level talks later this week amid an impasse in tariff-related negotiations between the two countries. Finance Minister Koo Yun-cheol is scheduled to meet with U.S. Treasury Secretary Scott Besant on the sidelines of the G20 Finance Ministers and Central Bank Governors' Meeting and the International Monetary Fund (IMF)'s annual gathering in Washington, D.C., which are set to take place from Monday thro October 12, 2025

Xi vows to strengthen ties with North Korea in letter to Kim Jong-un SEOUL, October 12 (AJP) - Chinese President Xi Jinping reaffirmed his commitment to strengthening strategic communication and cooperation with North Korea in a letter to North Korean leader Kim Jong-un, state media reported on Sunday. According to the state-run Korean Central News Agency, Kim received the letter on Oct. 9, which was a reply to his earlier message to Xi on Oct. 1 in celebration of the 76th anniversary of China's National Day. In the letter, Xi stress October 12, 2025

North Korea unveils new ICBM at late-night military parade SEOUL, October 12 (AJP) - North Korea unveiled its latest intercontinental ballistic missile (ICBM) at a massive military parade marking the 80th anniversary of the founding of its sole ruling Workers' Party, state media reported on Saturday. According to the state-run Korean Central News Agency (KCNA), the new Hwasong-20 ICBM, hailed as "the most powerful nuclear strategic weapon system," made its first public appearance at the parade the previous day, signali October 12, 2025

Shares of South Korean power equipment suppliers surge despite US tariff uncertainty SEOUL, October 10 (AJP) - South Korea's leading power equipment suppliers saw their share prices surge sharply despite stalled tariff-related negotiations with the U.S. Shares of HD Hyundai Electric rose 5.12 percent to close at 657,000 Korean won, as KOSPI trading resumed on Friday after a weeklong break for the country's biggest Chuseok holiday. Its market competitors also saw strong gains, with shares of Hyosung Heavy Industries jumping 5.52 percent and those of LS E October 10, 2025

KOSPI reaches new high after weeklong holiday SEOUL, October 10 (AJP) - The benchmark KOSPI surpassed the 3,600 level for the first time on Friday, following a sharp opening after a weeklong break for the country's biggest Chuseok holiday. KOSPI hit a record intraday high of 3,617.86 and closed at 3,610.60, up 61.39 points or 1.73 percent, from the previous session. The record rally was fueled by foreign investors, who snapped up a net 1.06 trillion won in shares. Among the top market-cap stocks, Samsung Electronics r October 10, 2025

South Korea set to face Brazil in friendly in Seoul SEOUL, October 10 (AJP) - South Korea is set to face Brazil in a friendly match in Seoul on Friday night. Led by Hong Myung-bo, the South Korean national team, ranked 23rd in the latest FIFA rankings, will take on the sixth-ranked team at 8:00 p.m. at Seoul World Cup Stadium. Past statistics show that South Korea has struggled against the South American powerhouse, winning just once in eight encounters. Their most recent match ended in a 4-1 defeat in the round of 16 at the 2022 Q October 10, 2025

North Korea likely to show off latest weapons at nighttime military parade SEOUL, October 10 (AJP) - North Korea is expected to hold a military parade on Friday night to mark the 80th anniversary of the founding of the renegade country's Workers' Party. The Joint Chiefs of Staff said North Korea is currently conducting rehearsals indicating the parade is likely to be a nighttime event. North Korea is expected to showcase its latest weapons and military arsenal including intercontinental ballistic missiles, although it remains to be seen as they a October 10, 2025