-
-
UFS puts S. Korea's OPCON transfer push to the test
SEOUL, August 10 (AJP) - South Korea and the United States will stage their annual Ulchi Freedom Shield exercise from Aug. 17 to 27 in what will double as a test of Seoul’s push to advance the transfer of wartime operational control (OPCON).
-
SK hynix emerges as a whale in Korea's thin debt waters
SEOUL, August 10 (AJP) - SK hynix, a dominant force in South Korea’s stock market, is now looming large over its debt market as its AI-fueled cash bonanza gives the chipmaker the deep pockets to gobble up entire bond offerings.
-
-
FSS warns overseas property funds can lead to total losses
SEOUL, August 10 (AJP) — Investors in publicly offered overseas real estate funds can lose their entire principal, South Korea's financial watchdog warned, cautioning that the products are riskier than their property backing suggests.
-
North Korea's Kimsuky builds local AI for cyberattacks
SEOUL, August 10 (AJP) - North Korean hacking group Kimsuky has apparently built its own local large language model environment as it expands its use of artificial intelligence from creating phishing lures to extracting information and automating cyberattacks.
-
BOK revamps monetary bonds as market liquidity thins
SEOUL, August 10 (AJP) - The Bank of Korea is out to sharpen the appeal of its policy bonds by concentrating issuance into fewer, larger benchmark securities, as outstanding central-bank debt falls below 100 trillion won ($70.6 billion).
Can robots fill Korea's military ranks?
SEOUL, August 07 (AJP) - Robots are emerging as a necessity rather than a choice for South Korea, which must defend one of the world's most heavily militarized borders with a rapidly thinning pool of young men. As birthrates collapse and the number of available conscripts shrinks, the question facing militaries such as South Korea's is no longer whether machines will join the ranks, but how much work they can take off human soldiers. For now, that does not mean robotic infantry chargin
by Kim Hee-su
Kangaroo families become the new normal from Seoul to San Francisco
SEOUL, August 06 (AJP) - Suddenly, kangaroos seem to be multiplying around the world. Not in the Australian outback, but in family homes from South Korea to the United States, where growing numbers of young adults are delaying independence and staying in — or moving back to — their parents' houses as soaring housing costs outpace wages. The once-stigmatized "kangaroo family," in which adult children remain in the parental home, is increasingly becoming an economic nec
Korean gaming industry's love-hate affair with AI
SEOUL, August 10 (AJP) - South Korean gamers are famously hard to please, putting almost anything new through a punishing stress test. Few newcomers have received a colder welcome than artificial intelligence — loathed when players can see it, yet increasingly indispensable to the people making the games. Korean game developer Shift Up posted a music video for one of its own titles on July 31. Within days, fans had a word for it: slop. The clip for "Wanna Be in Love," from the
How AI sees SK hynix's downfall — and where it goes next
SEOUL, August 08 (AJP) - Ask two leading artificial-intelligence chatbots why SK hynix has lost more than half its value from its June peak, and they arrive at a remarkably similar conclusion: the company's business has not collapsed, but the price investors were willing to pay for its extraordinary AI-driven earnings has. AJP separately asked Anthropic's Claude and OpenAI's ChatGPT to examine SK hynix's rout in Seoul and New York, including trading flows following its Nasdaq d
Hanwha raises KAI stake above 15%, weighs greater role
Extreme heat adds to Korea's inflationary pressure
Today's Photo
Cooler temps bring back the royal show
Today's Photo
Guard ceremony returns to Gyeongbokgung
