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  Semiconductor rally lifts KOSPI to fresh record as SK hynix tops 900,000 won SEOUL, January 30 (AJP) – Asian equities opened higher on Friday, with South Korean stocks leading the way. The KOSPI extended its rally to another intraday record, with SK hynix breaking above a new milestone. SK hynix shares climbed for a fourth straight session on Friday, breaking above the 900,000-won mark for the first time on record. As of 9:58 a.m. Seoul time, the stock was trading up 6.85 percent at 920,000 won. Improved investor sentiment followed its record ea January 30, 2026
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  Former justice minister named special ambassador for climate SEOUL, January 30 (AJP) - Former Justice Minister Kang Kum-sil has been named South Korea's special ambassador for climate and environment, the Foreign Ministry said on Friday. She will take up the one-year ambassadorial role to tackle climate and environmental issues while promoting the government's efforts. Having served as the country's first female justice minister under the late Roh Moo-hyun administration, Kang also led the Democratic Party's (DP) election January 30, 2026
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  Daewoong Pharma inks $20.5 million Nabota supply contract for Mexico SEOUL, January 30 (AJP) - South Korea's Daewoong Pharmaceutical has signed a 29.5 billion won ($20.5 million) export contract to supply its botulinum toxin product Nabota to Mexico. With the agreement, Nabota has entered Mexico as well as Brazil, Argentina, Colombia and Chile — the five largest aesthetic and plastic-surgery markets in Latin America, according to the International Society of Aesthetic Plastic Surgery. Daewoong said it has expanded Nabota’s pres January 30, 2026
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  HD Korea Shipbuilding wins order for liquefied CO2 carriers SEOUL, January 30 (AJP) - HD Korea Shipbuilding & Offshore Engineering said on Friday it has secured an order to build two liquefied carbon dioxide carriers. The company said it recently signed a contract with Japanese shipping company Mitsui O.S.K. Lines, Ltd. to construct two LCO₂ carriers with a cargo capacity of 12,000 cubic meters each. The vessels will be built at HD Hyundai Heavy Industries’ shipyard in Ulsan and delivered to the shipowner in stages by the secon January 30, 2026
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  UPDATE: Korea's factory output strongest in four months in December, slows for full 2025 *Updated with additional information and market response SEOUL, January 30 (AJP) - South Korea’s factory output grew at its fastest pace in four months in December, driven by chip-led exports and a sharp rebound in construction, though growth slowed for full-year 2025 amid prolonged weakness in building activity. Mining and manufacturing production rose 1.7 percent from the previous month, rebounding from two consecutive contractions and accelerating from a 0.8 pe January 30, 2026
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  South Korea's ambassador to China wealthiest among senior officials SEOUL, January 30 (AJP) - Ambassador to China Roh Jae-heon declared assets worth 53 billion won (US$38 million), making him the wealthiest among high-ranking officials, according to figures released by the Government Ethics Committee on Friday. Most of the assets held by the eldest son of former President Roh Tae-woo are in real estate, including land, buildings and residential properties registered under his or his spouse's name, along with savings and other holdings. His mot January 30, 2026
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  'Buldak' boom powers Samyang to record revenue, profit SEOUL, January 30 (AJP) - South Korean noodle company Samyang Foods said it surpassed 2 trillion won in annual revenue for the first time since its founding, doubling sales in just two years on the back of strong overseas demand for its "Buldak" brand. In a regulatory filing on Friday, the company reported preliminary consolidated revenue of 2.35 trillion won for last year, up 36 percent from a year earlier, while operating profit jumped 52 percent to a record 523.9 bi January 30, 2026
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  Seoul stays on U.S. currency monitoring list, FX intervention "broadly symmetrical" SEOUL, January 30 (AJP) -South Korea remained on the U.S. Treasury Department’s currency Monitoring List in its latest semiannual report, on widened external surpluses and sizeable bilateral trade imbalance with the United States, while finding the Korean won's weakness "not in line with" the country's "strong fundamentals. In its January 2026 Report to Congress on the Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United January 30, 2026
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  After conquering beauty front, Olive Young expands to wellness with Gwanghwamun opening SEOUL, January 29 (AJP) - Best known as South Korea’s dominant K-beauty retailer, Olive Young is opening a new chapter — one that extends beyond cosmetics and into everyday wellness. The company on Thursday unveiled to the media the first flagship store of its new wellness platform, Olive Better, in Gwanghwamun, one of Seoul’s busiest and most symbolic district name recently gaining renewed global fame. The area sits at the heart of the capital, home to govern January 29, 2026
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  BTS Comeback D-51: Solo hits resurface as fans turn the wait into a global replay SEOUL, Jan. 29 (AJP) — As the countdown to BTS’s long-awaited full-group comeback hits D-51, fans have found a familiar way to pass the time: by sending the group’s solo catalog back up the charts. Across streaming platforms and social media, past releases by BTS members are enjoying a renewed surge, turning the pause before reunion into a rolling retrospective of individual careers that never truly went quiet. For V (Kim Taehyung), the moment has arrived in January 29, 2026