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Hackers find weak links outside Korean banks' core systems
SEOUL, October 05 (AJP) - A wave of cyberattacks on South Korean banks has exposed a weak point outside their heavily protected core banking networks, with hackers targeting employee and sales-support systems that still contain sensitive customer data.
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Samsung earnings kick off key October for chip industry
SEOUL, October 05 (AJP) - The global semiconductor industry is heading into a busy stretch of October, with Samsung Electronics set to report preliminary earnings this week before a series of major chip events and earnings releases put the strength of the AI-driven boom to another test. Samsung is scheduled to release its preliminary third-quarter results on Thursday, Oct. 8, providing the first major earni
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Seoul orders probe as financial hacks widen
SEOUL, October 04 (AJP) - South Korean President Lee Jae Myung on Sunday ordered a thorough investigation into a widening wave of cyberattacks on financial companies, as evidence emerged that the campaign had reached beyond major banks into savings banks, capital firms and mutual-finance networks.
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AI-linked cyberattacks spread across South Korean finance
SEOUL, October 04 (AJP) - South Korean financial authorities will convene an emergency meeting with industry leaders Sunday after a wave of suspected AI-assisted cyberattacks spread from major banks to savings banks and finance companies, exposing personal data and raising fears that more breaches may have yet to be detected.
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From Tom Kim to BTS, Korea debates military exemptions
SEOUL, October 04 (AJP) - South Korean golfer Tom Kim won an Asian Games gold medal in Japan on Saturday, earning not only a place atop the podium but also one of the most consequential benefits available to an elite South Korean athlete — relief from active-duty military service.
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'The Assassin(s)' reopens an old fault line in Korea's history
SEOUL, October 04 (AJP) - For an octogenarian South Korean like Kim Yoo-jeong, who lived through the Korean War and the country’s rags-to-riches transformation under President Park Chung-hee, the controversy surrounding The Assassin(s) cuts close to the bone.
South Korea seeks military sovereignty, but still needs Uncle Sam
SEOUL, October 02 (AJP) - South Korean President Lee Jae Myung was unequivocal on Armed Forces Day - Seoul should reclaim wartime operational control of its military, a goal he wants to achieve before his five-year term ends in 2030. “There is no country in the world that relies on another person or another country for its military command authority,” Lee said at a luncheon following the ceremony marking the 78th Armed Forces Day, in a country that maintains roughly 450,000 active-d
by Lee Jung-woo
Won slips out of comfort zone as Korea moves on U.S. investment deal
SEOUL, October 01 (AJP) - Just when the won appeared to be stabilizing around 1,350 against the U.S. dollar, its year-end outlook has grown less certain as South Korea prepares to pay up to $10 billion toward U.S. nuclear reactor projects before December ends. The dollar-won exchange rate rose to 1,362.6 on Thursday as Seoul and Washington unveiled energy projects under their strategic investment framework. The commitments fall under Korea’s $200 billion investment pledge outside shipbui
Korean investors turn to Japan on weak yen and AI boom
SEOUL, October 2 (AJP) — South Korean retail investors are increasingly looking across the Korea Strait as a stalling market at home and volatile U.S. bond prices turn their attention to Japan’s weak yen and expanding opportunities in the AI supply chain. South Korean investors bought $4.65 billion worth of Japanese stocks in the first nine months of 2026, up 94 percent from $2.40 billion a year earlier, according to the Korea Securities Depository (KSD). Purchases of U.S. shares r
Drone pratfalls expose gap in Korea's battlefield testing
SEOUL, October 02 (AJP) - South Korea builds machines that patrol the depths, fly faster than sound and power entire cities. Yet at its military showcases, drones have lately struggled with something more basic: staying in the air. In just over five weeks, two loitering munitions plunged into the sea after launch from a Navy warship, six of 17 demonstrations faltered at a Defense Ministry technology showcase, and a small target drone fell from the sky during a nationally televised Armed Forces
Korea financial cyberattacks spread to online lenders as security gaps emerge
Zelensky says Seoul requested transfer of North Korean POWs
