Latest
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K-pop boy group CORTIS sells out North American presale for first tour
SEOUL, June 11 (AJP) - Rookie K-pop boy group CORTIS has sold out all North American dates for its first tour, "PUT YOUR PHONE DOWN," during membership presales, the group's agency BigHit Music said Wednesday. CORTIS — an acronym for Color Outside the Lines — is a five-member boy group under Big Hit Music and Republic Records in the US, consisting of James, Juhoon, Martin, Seonghyeon, and Keonho debuted last year. Tickets for six North American shows,
June 11, 2026
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AI technologies take center stage at global longevity summit
SEOUL, June 11 (AJP) —Artificial intelligence (AI) and Human Digital Twin (HDT) technology could fundamentally reshape how people age, enabling physicians to predict disease risks, simulate health outcomes and deliver personalized interventions before symptoms appear, longevity researchers said Wednesday. The technologies are increasingly being viewed as a bridge between decades of aging research and practical healthcare applications, allowing scientists to combine genomic,
June 11, 2026
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Seoul braces for this summer's heatwave with air-conditioned shelters
SEOUL, June 11 (AJP) - More than a dozen makeshift shelters have been installed in public areas, including Cheonggyecheon Stream and Gwanghwamun Square in central Seoul, as another record-breaking summer season approaches, the Seoul Metropolitan Government said on Thursday. These shelters are equipped with air conditioners, fans, tables and chairs, allowing Seoul residents to rest comfortably and find temporary relief from high temperatures. They will be ope
June 11, 2026
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Coupang fined record $409 million over massive data breach
SEOUL, June 11 (AJP) - South Korea's privacy watchdog slapped e-commerce giant Coupang with a record 624.7 billion won (US$409.3 million) in fines over a data breach that exposed the personal information of about 37.5 million people, a penalty roughly equal to the company's 2025 operating income. The Personal Information Protection Commission (PIPC) imposed 423.6 billion won for the breach itself — the largest fine ever levied in the country for a single data leak &mda
June 11, 2026
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FOMO stock bet fuels household loans in Korea in May
SEOUL, June 11 (AJP) - Bank loans rose sharply in May as South Koreans frantically borrowed out of the fear of missing out (FOMO) on record stock bull and for housing on expectations for rate hikes, central bank data showed Thursday. Bank household loans increased by 6.9 trillion won ($4.52 billion) in May, widening from a 2.1 trillion won gain in April and exceeding the 5.2 trillion won increase recorded a year earlier, according to the Bank of Korea. The sharpest turnaround cam
June 11, 2026
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Korea's job decline exposes weakness beneath chip boom
SEOUL, June 11 (AJP) - South Korea’s employment rate fell by the steepest pace in five years as weakness in manufacturing and youth hiring exposed the limited spillover from a recovery increasingly driven by memory chip exports. According to data released Thursday by Ministry of Data and Statistics, the employment rate for people aged 15 and older fell 0.5 percentage point to 63.3 percent, marking the sharpest decline since February 2021. The number of employed people a
June 11, 2026
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US approves $292 million sale of AMRAAM missiles to South Korea
SEOUL, June 11 (AJP) - The United States has approved the sale of advanced medium-range air-to-air missiles and related equipment to South Korea in a deal worth $292 million, the State Department said Wednesday. The department said it approved a possible Foreign Military Sale to Seoul of 70 AIM-120C-8 Advanced Medium Range Air-to-Air Missiles, known as AMRAAMs, and two AMRAAM guidance sections. The package also includes AMRAAM containers, control sections, support equipment, spar
June 11, 2026
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OpenAI CEO to visit South Korea next week
SEOUL, June 11 (AJP) - Sam Altman, CEO of OpenAI, who ushered in a revolutionary artificial intelligence (AI)-driven era, is expected to visit South Korea again, according to multiple industry sources on Thursday. In an internal notice, Samsung reportedly told its executives and employees that Altman will give a lecture at its office in Suwon, Gyeonggi Province on June 15. His visit comes as Samsung expands the use of external generative AI tools across its businesses as part of
June 11, 2026
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Naver launches local merchant AI campaign in Busan, timed to BTS concert
SEOUL, June 11 (AJP) - Naver began rolling out its first "Local Ground" campaign in the southern port city of Busan, extending the AI-driven growth tools it built online to brick-and-mortar merchants in regional commercial districts. The inaugural campaign runs from Tuesday to Saturday and draws in 104 small and mid-sized stores across busy quarters including Jeonpo-dong, Yeongdo and the Bosu-dong secondhand bookstore alley, the company said. Naver is helping the shops
June 11, 2026
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Why a concrete truck strike is threatening South Korea's high-tech chip ambitions
SEOUL, June 11 (AJP) - The sprawling industrial belt south of Seoul is the heart of South Korea's semiconductor industry, home to the massive campuses of Samsung Electronics and SK hynix that dominate the global memory chip market powering the artificial intelligence boom. But activity across the region is beginning to slow because of a shortage of one of the most basic construction materials: concrete. A strike by ready-mix concrete truck drivers is exposing a critical vul
June 11, 2026