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  LG Elec profit slumps in 2025 on restructuring costs, media business losses SEOUL, January 30 (AJP) - LG Electronics reported a sharp decline in operating profit in 2025, as hefty one-off restructuring costs and persistent weakness in its media and entertainment business weighed heavily on earnings, overshadowing steady growth in its core home appliance and vehicle component units. The South Korean electronics maker said its annual operating profit fell 27.5 percent from a year earlier to 2.48 trillion won ($1.8 billion), after slipping into an operating January 30, 2026
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  EU envoy to Seoul speaks out SEOUL, January 30 (AJP) - Ugo Astuto, head of the Delegation of the European Union to South Korea, addresses press on issues from Greenland to Russia at the Maehwa Hall of the Press Center in Jung-gu, Seoul, on Jan. 30. 2026. January 30, 2026
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  From security to Artic exploration, EU and Korea have a lot to work on - EU envoy to Seoul SEOUL, January 30 (AJP)-The European Union seeks to deepen cooperation on Arctic security and maritime logistics with South Korea, readying itself for the Artic shipping era by sailing a 3,000-TEU container ship from Busan to Rotterdam this July, said European Union Ambassador Ugo Astuto Friday. Speaking to press for the first time at the Seoul Press Center, Astuto noted that the strategic importance of the Arctic is being redefined by both climate change and shifting geopolitical January 30, 2026
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  Uzbekistan and Türkiye expand strategic partnership through trade and transport links SEOUL, January 30 (AJP) - The diplomatic relationship between Uzbekistan and Türkiye has evolved into a substantive, comprehensive strategic partnership, moving beyond formal definitions to include deep economic and regional cooperation. Recent high-level meetings in January 2026 confirmed that both nations have established a permanent institutional framework to manage their bilateral ties. The primary vehicle for this cooperation is the High-Level Strategic Cooperation Counc January 30, 2026
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  SK hynix marches toward historic milestone in otherwise lackluster Asian market SEOUL, January 30 (AJP) — SK hynix continued its relentless advance Friday, propelled by frenzied retail buying toward the symbolic 1-million-won milestone, even as broader Asian markets struggled for direction. The chipmaker's surge briefly lifted Korea's benchmark KOSPI above the 5,300 level earlier in the session, though the index later pared gains to finish nearly flat at 5,224.36. The junior KOSDAQ retreated 1.29 percent to 1,149.44, taking a breather after a stun January 30, 2026
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  Ferry service along Han River to fully resume in March after safety checks SEOUL, January 30 (AJP) - Seoul's water ferry service along the Han River is expected to resume full operations in early March, the Seoul Metropolitan Government said on Friday. The service was halted on some routes due to technical glitches after its bombastic launch in September last year. The city government had planned to resume the service in January, but it was delayed as safety inspections and other checks by the Ministry of Interior and Safety took longer than expec January 30, 2026
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  Foreign visitors to South Korea recover to pre-pandemic levels SEOUL, January 30 (AJP) - The number of foreign visitors to South Korea last year surpassed pre-pandemic levels, according to data released by the Korea Tourism Organization on Friday. The country welcomed about 18.94 million visitors last year, up 8.2 percent from the previous record of 17.50 million in 2019, just before the coronavirus pandemic closed borders around the world. Chinese visitors accounted for the most with 5.48 million, followed by Japan with 3.65 million, Taiw January 30, 2026
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  Samsung SDI signs major battery deal in US, possibly with Tesla SEOUL, January 30 (AJP) - Samsung SDI has signed a large battery supply contract in the United States for energy storage systems, the company said on Friday. Samsung SDI said details of the contract, including its value and duration, will remain confidential until Jan. 1, 2030. The counterparty was not also disclosed, but industry officials widely view Tesla as the leading candidate. Tesla has been actively securing battery supplies for ESS, including a 6 trillion won contract January 30, 2026
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  BTS Comeback D-50: How Korea's folk songs and heritage turned cool—and global SEOUL, January 30 (AJP) — BTS has long stood for K-pop stardom, polished choreography and messages of resilience and love. But as the group matures, its center of gravity is shifting. The world’s most influential idol group is digging deeper into its Korean roots—and the global audience is following along. In the countdown to their long-awaited comeback, every move by the seven members is read as a cultural signal. Where they go, what they reference, even what January 30, 2026
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  Coupang's interim CEO appears for questioning over massive data breach SEOUL, January 30 (AJP) - Harold Rogers, e-commerce giant Coupang's interim chief in South Korea, appeared for questioning in Seoul on Friday over allegations related to a massive data breach detected late last year. Rogers arrived at the Seoul Metropolitan Police Agency in Jongno, central Seoul, at around 2 p.m. and said, "Coupang has fully cooperated and will continue to fully cooperate with all investigations." But he declined to comment further, despite a barrag January 30, 2026