South Korea shares AI forensic know-hows with Tajikistan SEOUL, August 07 (AJP) - South Korean police and forensic specialists trained about 30 Tajik law enforcement officials in Dushanbe this week in methods for investigating phone scams, deepfake fraud and crimes committed through cryptocurrency. The program targeted a category of crime that has grown alongside Tajikistan's reliance on money sent home by migrant workers. The World Bank put remittance inflows at about 49 percent of gross domestic product in 2024, up from 39 percent August 7, 2026

YG Entertainment shares rise on new album revenue SEOUL, August 07 (AJP) — Shares of YG Entertainment rose Friday after the K-pop agency reported a 31 percent jump in second-quarter operating profit, driven by new releases from its groups TREASURE and BABYMONSTER. As of 1:42 p.m., shares of the company were trading 1.11 percent higher at 41,050 won, after rising as much as 3.20 percent to an intraday high of 41,900 won. Operating profit for the April-June period rose 31.2 percent from a year earlier to 10.97 billion won ($ August 7, 2026

Korea braces for record power demand as mercury nears 40 C SEOUL, August 07 (AJP) -South Korean authorities stepped up monitoring of the nation's electricity grid on Thursday as power demand approached record levels amid what has become the country's longest and most intense summer heat wave on record. Climate, Energy and Environment Minister Kim Sung-whan visited the Korea Power Exchange headquarters in Naju, about 270 kilometers south of Seoul, to review electricity supply conditions for August and inspect the operational status o August 7, 2026

Daewoo E&C moves closer to Mozambique LNG megaproject SEOUL, August 07 (AJP) -Daewoo Engineering & Construction has taken a major step toward securing one of Africa's largest energy projects after receiving a letter of intent to lead engineering, procurement and construction work on the first phase of Mozambique's Rovuma LNG development, reinforcing South Korea's presence in the global race to expand liquefied natural gas capacity. The company said Friday that ExxonMobil Mozambique, the project operator, selected the August 7, 2026

Seoul zoo's special meal for a hungry monkey A monkey eats a special summer meal prepared by zookeepers at Seoul Grand Park in Gwacheon, Gyeonggi Province, on Aug. 7, 2026, as scorching heat continues across the country on Ipchu, which traditionally marks the beginning of autumn on the Korean calendar. August 7, 2026

Seoul zoo's tiger gets special summer treat A tiger eats a special summer meal prepared by zookeepers at Seoul Grand Park in Gwacheon, Gyeonggi Province, on Aug. 7, 2026, as scorching heat continues across the country on Ipchu, which traditionally marks the beginning of autumn on the Korean calendar. August 7, 2026

New U.S. envoy meets Seoul's national security adviser SEOUL, August 07 (AJP) -South Korean national security adviser Wi Sung-lac met United States Ambassador Michelle Steel on Aug. 4 in their first encounter since she took up the post in Seoul last month, the presidential office confirmed Friday. The two exchanged greetings and views on ways to advance the alliance, according to the office. Wi heads the National Security Office, the body inside the presidential compound that coordinates foreign policy, defense and intelligence for Pres August 7, 2026

Hanwha Solutions and OCI shares benefit from U.S. solar curbs SEOUL, August 07 (AJP) —Shares of South Korean solar producers gained upside momentum after the United States erected new price and tariff barriers against low-cost polysilicon and solar imports, raising expectations that Korean producers could gain ground as Washington pushes more of the solar supply chain onto U.S. soil. As of 10:56 a.m., Hanwha Solutions was trading at 32,750 won, up 7.73 percent from the previous session. The stock had surged as much as 26.81 percent to an August 7, 2026

FTC weighs penalties over government bond bid collusion SEOUL, August 07 (AJP) -South Korea's antitrust regulator is preparing to rule on allegations that 15 banks and securities firms colluded in government bond auctions involving 76.2 trillion won ($53.6 billion), a case that could produce the largest cartel penalty ever imposed in the country. Examiners at the Fair Trade Commission (FTC) allege that the primary dealers, or PDs, coordinated bidding yields and exchanged detailed information ahead of Korean Treasury bond auctions bet August 7, 2026

Crest, ROBROS to test hot-swappable battery system for humanoid robots SEOUL, August 07 (AJP) - Crest, a South Korean developer of battery systems for industrial robots, has been selected to lead a government-backed project to test domestically developed components for humanoid robots, the company said Friday. Under the 2026 Demonstration Project for Humanoid Robot Components overseen by the Korea Institute for Robot Industry Advancement, Crest will work with AI humanoid developer ROBROS to demonstrate a hot-swappable battery system and charging statio August 7, 2026