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  Buzz builds ahead of Nvidia CEO Jensen Huang's Seoul visit SEOUL, June 2 (AJP) - Nvidia CEO Jensen Huang is visiting Seoul this week, and his trip is already generating buzz across local industries and financial markets, with major deals expected across areas including memory chips and artificial intelligence (AI). The excitement follows Huang's announcements Monday at Nvidia's developer conference in Taipei, where he said that the company's next-generation AI chips have entered mass production. "Now in full production June 2, 2026
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  Samsung Electronics unveils HBM5 roadmap, new cooling tech at Computex SEOUL, June 02 (AJP) - Samsung Electronics on Tuesday showcased a mock-up of its next-generation High Bandwidth Memory 5 (HBM5) chips and introduced a new thermal management technology at the Computex exhibition in Taipei. The South Korean tech giant is moving to secure its position in the expanding artificial intelligence (AI) memory sector, following its recent mass production of HBM4 and sample shipments of HBM4E chips. Song Jae-hyuk, Chief Technology Officer of Samsung&rsqu June 2, 2026
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  KOSPI ekes out gains as rally extends beyond tech giants SEOUL, June 2 (AJP) - South Korea's benchmark KOSPI edged to another record close on Tuesday, finishing slightly higher in a session whose flat headline masked one of the most dramatic shifts of the year. The index closed at around 8,799 points, up 0.1 percent, after having fallen more than 1 percent around midday on oil-price nerves before clawing the entire loss back by the close. Beneath the surface, the top performers that had defined the rally for months gave way. Money June 2, 2026
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  Trump says deal with Iran may be reached 'over the next week' SEOUL, June 2 (AJP) - U.S. President Donald Trump again said that Washington and Tehran are moving closer to a deal that could extend a ceasefire and ease tensions in the Strait of Hormuz, raising hopes for a possible end to the prolonged conflict in the Middle East, which began in late February. In a phone interview with ABC News on Monday, Trump said a memorandum of understanding (MOU) with Iran could be reached "over the next week," calling ongoing talks "l June 2, 2026
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  Korea sees 80% of summer crude secured as Mideast war strains supply SEOUL, June 02 (AJP) - South Korea expects to secure most of the crude oil it needs for August by next month, the energy minister said, seeking to quell fears of a supply crunch as the Middle East war drags into its fourth month. Industry Minister Kim Jung-kwan told a cabinet meeting chaired by President Lee Jae Myung that projected August crude volumes were climbing steadily and would reach the mid-80 percent range of normal levels during July, the 95th day of the conflict. Fr June 2, 2026
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  OPINION: The Strait of Hormuz Legal Aspects of the New Arrangements in Light of Aggression and Fundamental Change of Circumstances Prelude For a long period, maritime navigation through the Strait of Hormuz did not proceed on the basis of exercising an asserted right, but rather within the framework of an i June 2, 2026
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  Thousands enjoy Seoul in early summer vibe through palace walking event SEOUL, June 01 (AJP) - Foreign residents, international students and tourists explored Seoul's historic palaces and cultural landmarks during the 2026 Seoul Foreign Palace Walking Event held in central Seoul on Sunday. Hosted by Aju Economic Daily, the event brought together participants from various countries, including China, Japan, the United States, France, India, Vietnam and Mexico, as well as Korean citizens. Participants followed a roughly June 2, 2026
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  New boy band to hold debut showcase in Tokyo later this month SEOUL, June 2 (AJP) - A new boy band will make a debut, Starship Entertainment said on Tuesday. In partnership with Japanese entertainment agency Amuse, the seven-member rookie band, dubbed AEN, will consist of four Korean and three Japanese members: Bomin, Haru, Haruto, Jiyong, Junseo, Kaira, and Kyuhyun. Their name stands for "a new era of now" and also carries the meaning of "eternity" in Japanese. Six members excluding Haruto, previously appeared on Sta June 2, 2026
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  Samsung Heavy wins $2.8 billion FLNG order in North America SEOUL, June 02 (AJP) - Samsung Heavy Industries announced it has won an order to build one floating liquefied natural gas (FLNG) production unit for a North American client, in a deal worth 4.33 trillion won ($2.85 billion). The South Korean shipbuilder said Tuesday through regulatory filings that construction will begin once the client issues a notice to proceed, with delivery scheduled for July 2030. It did not name the buyer. FLNG units are vast offshore vessels that extract, June 2, 2026
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  K-pop boy band SEVENTEEN Land at No. 7 on Billboard's Midyear Top Tours chart SEOUL, June 2 (AJP) - K-pop boy band SEVENTEEN ranked seventh on Billboard's midyear Top Tours chart, according to the biannual rankings compiled by the American music magazine. In the chart tracking the highest-grossing concert tours worldwide over the six-month period, the 23-member band generated about US$88 million from 25 shows during the tracking period from Oct. 1, 2025 to March 31, 2026. According to the group's agency Pledis Entertainment, their ranking was the h June 2, 2026