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Ex-spy chief arrested over alleged involvement in martial law debacle
SEOUL, November 12 (AJP) - Cho Tae-yong, a former head of South Korea's National Intelligence Service (NIS), was arrested on charges of allegedly being involved in disgraced ex-President Yoon Suk Yeol's martial law debacle last year. The Seoul Central District Court issued an arrest warrant for him, citing concerns he could destroy or tamper with evidence. Cho is accused of failing to notify the National Assembly of Yoon's plan to declare martial law, despite being
November 12, 2025
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POSCO ramps up lithium investments as EV battery race heats up
SEOUL, November 12 (AJP) - South Korea's POSCO Holdings is expanding its global footprint in lithium, the critical ingredient for electric vehicle batteries, with new investments worth 1.1 trillion won, or about $800 million, in Australia and Argentina. The move is part of the steel and battery materials company’s drive to secure key resources as global competition for battery metals intensifies. The company said Wednesday that it will acquire a 30 percent stake in
November 12, 2025
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Two more bodies recovered at Ulsan power plant
SEOUL, November 12 (AJP) - Two more bodies were recovered overnight from the rubble of a thermal power plant in the southeastern city of Ulsan, bringing the death toll to five after a large structure collapsed last week. According to rescue workers, one victim was found several hours after two large boiler towers at the state-run utility company Korea East-West Power were blown up the previous day to facilitate search operations for workers trapped beneath the debris. Another b
November 12, 2025
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LG Energy Solution moves into aerospace battery market with US partner
SEOUL, November 12 (AJP) - LG Energy Solution, one of the world’s leading electric-vehicle battery makers, is pushing into the aerospace sector through a new partnership with an American startup specializing in next-generation energy storage. The South Korean company said Wednesday that it has entered into a strategic collaboration with South 8 Technologies, a San Diego-based firm known for developing liquefied gas electrolytes for lithium-ion batteries. The technology, wh
November 12, 2025