Food retailers launch BTS-themed products SEOUL, June 1 (AJP) - South Korean food companies Paldo and hy have launched 28 products under ARIH, a food and beverage brand themed with K-pop group BTS, the companies said Monday. Paldo is a South Korean instant noodle maker, while hy is a food and beverage company known for its probiotic products. The companies said BTS took part in the brand from the planning stage. ARIH is built around the concept of balance and health in everyday life. The brand name comes from a Korean wo June 1, 2026

BTS to celebrates 13th anniversary with special event and concert in Busan SEOUL, June 1 (AJP) - K-pop super group BTS will host an event to mark the 13th anniversary of their debut, the group's agency BigHit Music said on Monday. The event named "BTS FESTA" is the group's annual celebration held around June 13, the date the septet debuted in 2013. This year's edition will run for about two weeks and coincide with the Busan leg of the group's "ARIRANG" world tour, scheduled for June 12 and 13 at Busan Asiad Main Stadium June 1, 2026

WNMC 26: AI dominates day one as annual World News Media Congress opens in Marseille SEOUL, June 1 (AJP) - The annual gathering of the World Association of Newspapers and News Publishers (WAN-IFRA) opened at the Palais du Pharo in Marseille, southern France, with artificial intelligence (AI) shaping every major session on the first day of the three-day event. About 1,000 publishers, editors and chief executives from more than 60 countries packed the venue at the global news media association's 77th congress on Monday. The program moved through pre-Congress Deep June 1, 2026

New ad solution to connects mobile navigation with digital billboards in South Korea SEOUL, June 1 (AJP) - Innocean has launched what it describes as South Korea's first advertising solution linking mobile navigation services with large digital billboards, it said on Monday. Innocean is a Seoul-based advertising agency affiliated with Hyundai Motor Group. The solution links TMAP, one of South Korea's most widely used navigation apps, with Innocean's digital out-of-home, or DOOH, media network in major commercial districts. The service aims to reach co June 1, 2026

South Korea to launch 24-hour FX trading amid concerns over won stability SEOUL, June 1 (AJP) - As authorities prepare to open South Korea's foreign exchange market full-time on weekdays, expectations are growing that the move could partially ease exchange rate volatility. Experts, however, say longer trading hours alone cannot stabilize the won unless trading volume and global trust in the currency also improve. That came after revisions to the foreign exchange market code of conduct were approved last Friday, paving the way for expanded U.S. dollar& June 1, 2026

KOSPI breaks 8,700 on Samsung-led rally as Nikkei also hits high SEOUL, June 01 (AJP) - South Korea's benchmark KOSPI surged 3.7 percent to close at a record 8,788.38, breaking above the 8,700 level for the first time in its history in a session driven by two simultaneous re-ratings at the heart of the artificial intelligence (AI) trade. Samsung Electronics said it has begun shipping samples of its next-generation HBM4E memory, the industry's first 12-layer high-bandwidth chip and a generational step up in the AI memory hierarchy, June 1, 2026

Samsung's shipment of HBM4E samples seen as strategic move ahead of Jensen Huang's Seoul visit SEOUL, June 1 (AJP) - Samsung Electronics' shipment last week of next-generation High Bandwidth Memory 4E (HBM4E) samples is widely seen as a strategic overture to Nvidia, just ahead of chief executive Jensen Huang's visit to South Korea, multiple experts said. In a timed move, Samsung announced last Friday that it has begun shipping the industry's first 12-layer HBM4E samples to global customers. The rollout comes just days before Huang's upcoming visit to Seoul, fo June 1, 2026

Korea, China ease food trade rules, opening wider door for K-food exports SEOUL, June 01 (AJP) - South Korea and China have agreed to streamline registration procedures for Korean food exporters and to permit shipments of meat-based instant noodles, widening the export channel for the country's increasingly popular K-food, Seoul's food safety regulator said. The Ministry of Food and Drug Safety said Monday it held its 16th Korea-China food safety cooperation meeting in Qingdao, China, and the 17th Korea-China Food Standards Expert Council in Jeju, June 1, 2026

SK hynix reports no production disruption after minor spark at Cheongju plant SEOUL, June 01 (AJP) - SK Hynix confirms no production disruption after minor pipe spark at Cheongju plant SK Hynix reported zero disruptions to semiconductor production following a minor spark at its Cheongju plant in South Korea, despite the incident triggering the evacuation of 3,600 employees. The company stated that no major injuries occurred during the maintenance work and manufacturing operations remain fully intact. The incident began at 10:32 a.m. on the 1st in a sixth-f June 1, 2026

Samsung Electronics' market cap surpasses 2 quadrillion won SEOUL, June 1 (AJP) - Samsung Electronics on Monday became the first South Korean company to top 2 quadrillion won in market capitalization, driven by surging investor enthusiasm over the ongoing AI-driven chip boom. Shares of the tech giant surged 10.25 percent to 349,500 won as of 1:40 p.m. on the benchmark KOSPI, hitting an intraday high and pushing its market capitalization to 2,041.8 trillion won (US$1.51 trillion). Samsung first crossed the 2 quadrillion won mark at around June 1, 2026