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  • Delta to operate temporary Incheon-Las Vegas flights for CES 2027
    Delta to operate temporary Incheon-Las Vegas flights for CES 2027 SEOUL, July 31 (AJP) - Delta Air Lines will operate temporary nonstop flights between Incheon and Las Vegas for Korean travelers attending CES 2027, the company said Friday. The special flights will depart from Incheon International Airport from Jan. 3 to 5 and arrive at Harry Reid International Airport in Las Vegas ahead of CES 2027, which will be held from Jan. 6 to 9. Return flights from Las Vegas to Incheon will operate from Jan. 9 to 10. The Incheon-Las Vegas service will be July 31, 2026
  • SKs Chey buys first SK hynix stake before 20% rebound
    SK's Chey buys first SK hynix stake before 20% rebound SEOUL, July 31 (AJP) —SK Group Chairman Chey Tae-won made his first direct purchase of SK hynix shares just one day before the AI memory giant rebounded more than 20 percent, turning his buy-the-dip move into an immediate paper gain. A regulatory filing with the Financial Supervisory Service on Thursday showed Chey purchased 3,620 common shares of SK hynix earlier in the day at an average price of 1,353,677 won per share. The investment was worth about 4.9 billion won ($3.5 July 31, 2026
  • South Korean military nearly shot down U.S. drone near border
    South Korean military nearly shot down U.S. drone near border SEOUL, July 31 (AJP) - South Korean forces nearly shot down a U.S. Marine Corps drone flying near the inter-Korean border after front-line units failed to identify it as part of an allied exercise, military sources said Friday. The incident occurred Thursday afternoon in the northern border city of Paju, Gyeonggi Province, where U.S. Marines were conducting training as part of KMEP, a combined exercise between the South Korean and U.S. Marine Corps. As part of the drill, the U.S. July 31, 2026
  • LG CNS Q2 profit falls despite higher revenue on cost pressure
    LG CNS Q2 profit falls despite higher revenue on cost pressure SEOUL, July 31 (AJP) - LG CNS posted a 9.2 percent drop in second-quarter operating profit, as rising costs outweighed steady sales growth at the South Korean IT services provider. According to a preliminary regulatory filing released Friday, operating profit fell to 127.9 billion won ($89.1 million) in the April to June quarter from 140.8 billion won a year earlier, even as revenue climbed 4.2 percent to 1.52 trillion won. Net income rose 19.9 percent to 118.7 billion won. Th July 31, 2026
  • South Korea opens door to three more tech firms on KOSDAQ
    South Korea opens door to three more tech firms on KOSDAQ SEOUL, July 31 (AJP) — South Korea moved three more technology companies a step closer to the stock market after the Korea Exchange approved their preliminary applications for a KOSDAQ listing. The Korea Exchange's KOSDAQ Market Division said Thursday that Melcon, a manufacturer of precision temperature and humidity control equipment, Lablup, an artificial intelligence infrastructure software developer, and MBD, a medical device company, had passed the exchange's list July 31, 2026
  •  KAIST develops technologies to cut AI sensory hallucinations
     KAIST develops technologies to cut AI sensory hallucinations SEOUL, July 31 (AJP) - South Korean researchers have developed two technologies that stop artificial intelligence from claiming to hear sounds that were never recorded or see objects that do not exist, a step toward AI systems reliable enough for self-driving cars, rescue robots, and hospitals. The Korea Advanced Institute of Science and Technology (KAIST) said Friday that a team led by Professor Ro Yong-man from the institute's School of Electrical Engineering developed techn July 31, 2026
  • Young consumers drive preorders for Samsungs latest foldable phones
    Young consumers drive preorders for Samsung's latest foldable phones SEOUL, July 31 (AJP) - Young consumers are leading preorders for Samsung Electronics' newest foldable phones. The electronics giant said Friday that with three days left in the preorder period for its Galaxy Z Fold8 Ultra, Fold8, and Flip8 which started earlier this week, about half of all preorders were placed by customers in their teens and 30s. The most popular model among them was the Fold8, which Samsung attributed to its passport-like portability when folded and tablet July 31, 2026
  • KOSPI gains 15% on chip turbocharge
    KOSPI gains 15% on chip turbocharge SEOUL, July 31 (AJP) -South Korean chip stocks staged an epic rebound on a wave of foreign buying Friday, with SK hynix and Samsung Electronics surging more than 20 percent and propelling the benchmark KOSPI nearly 15 percent higher after this week's rout. The KOSPI jumped 14.9 percent to 6,427.25 as of 9:30 a.m., recouping much of the roughly 18 percent it had lost over the previous four trading sessions. The country's two AI memory champions turbocharged the recovery July 31, 2026
  • South Korea braces for prolonged heat as Yangsan nears 40 C
    South Korea braces for prolonged heat as Yangsan nears 40 C SEOUL, July 31 (AJP) - South Korea's record-breaking heat wave is expected to persist through the first week of August, with the southeastern city of Yangsan forecast to approach 40 degrees Celsius again on Friday after two consecutive days above the mark. The Korea Meteorological Administration on Friday forecast daytime highs of 32-37 C nationwide, with mostly sunny skies across the southern regions and Jeju Island and partly cloudy conditions over central areas. Most o July 31, 2026
  • Samyang Foods joins culture ministry to lure Buldak fans to Korea
    Samyang Foods joins culture ministry to lure Buldak fans to Korea SEOUL, July 31 (AJP) - South Korea's culture ministry announced it would sign a memorandum of understanding with instant-noodle maker Samyang Foods to promote overseas tourism, seeking to convert the global appetite for Korean food into visits to the country. The Ministry of Culture, Sports and Tourism said Friday the deal is designed to channel the worldwide popularity of K-food into tangible travel demand, pairing Korean tourism advertising with Samyang's products and cont July 31, 2026