Thursday, Sep 03, 2026
  • "Build in America or pay," Lutnick warns chipmakers again SEOUL, September 03 (AJP) -U.S. Commerce Secretary Howard Lutnick reiterated that the Trump administration is preparing a new round of semiconductor tariffs designed to push foreign chipmakers to expand production in the United States.
    Build in America or pay, Lutnick warns chipmakers again
  • Korea FX reserves gain record Aug, BOK drops ranking table SEOUL, September 03 (AJP) -South Korea's foreign exchange reserves stretched in monthly record of $14.33 billion in August amid record-setting trade surplus streak and a stronger won, according to the Bank of Korea which quietly ended a 25-year practice of publishing the country's global reserve ranking.
    Korea FX reserves gain record Aug, BOK drops ranking table
  • Tesla takes 1 in 3 Korea import-car sales in August SEOUL, September 03 (AJP) - Tesla, this year's standout performer among imported car brands in South Korea, widened its lead in August by selling more vehicles than BMW and Mercedes-Benz combined.
    Tesla takes 1 in 3 Korea import-car sales in August
  • Korean planes are newer after Muan crash. Is flying safer?
    Korean planes are newer after Muan crash. Is flying safer? SEOUL, September 02 (AJP) - South Korea's airliners are spending a record 17.45 trillion won on safety this year, up more than 30 percent from 2025, in a clear sign of heightened investment following the Jeju Air disaster that killed 179 of the 181 people aboard nearly two years ago.
  • U.S. moves to deploy multi-domain forces to South Korea
    U.S. moves to deploy multi-domain forces to South Korea SEOUL, September 02 (AJP) - The United States is moving to deploy elements of its Multi-Domain Task Force (MDTF) to South Korea, potentially strengthening the U.S. military’s ability to counter China’s anti-access and area-denial capabilities in the region, according to reports and sources Wednesday.
  • S. Korea targets physical AI, expert warns against imitation
    S. Korea targets physical AI, expert warns against imitation SEOUL, September 02 (AJP) - South Korea can reach the top tier of physical artificial intelligence by pairing its factory base with the data those factories generate, Prime Minister Han Seong-sook told a technology forum in Seoul on Wednesday.
  • Bad loans hit 8-year high, but banks can absorb losses, FSS says
    Bad loans hit 8-year high, but banks can absorb losses, FSS says SEOUL, September 02 (AJP) - Corporate debt is souring at a faster pace in South Korea, but financial authorities say the increase in bad loans is unlikely to pose a broader financial risk as banks remain profitable and well capitalized.
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Uzbekistan looks to its Islamic golden age to build a new future SEOUL, September 02 (AJP) - The Center for Islamic Civilization, sprawling across a site roughly the size of 14 soccer fields, embodies in its glittering magnificence and grandeur what “New Uzbekistan” envisions: ushering a young, increasingly digital population into the AI age while keeping it firmly anchored in Islamic heritage and spirituality. The sprawling cultural and research complex cost about $161.8 million to build, according to a government construction directorate. Its t
Uzbekistan looks to its Islamic golden age to build a new future
Humanoids can beat Bolt. The harder race starts on the factory floor Humanoids can beat Bolt. The harder race starts on the factory floor SEOUL, August 31 (AJP) - A humanoid robot ran 100 meters in 8.64 seconds at Beijing's World Humanoid Robot Games last week, nearly a full second faster than Usain Bolt's world record. Except that it kept going. Tiangong Ultra hurtled past the finish line, slammed into a padded barrier and crashed to the floor in a shower of sparks, leaving staff to rush in with fire extinguishers before the machine was carried away. Impressive as the machines are, much of humanoid robotics still ends w

AJP Focus>

Will AI contracts shield Korean chipmakers from boom-and-bust cycle? SEOUL, September 02 (AJP) - Investment banks and market trackers are betting South Korea's memory giants can extend their red-hot earnings streak into a third year in 2027 and possibly beyond, as AI pushes the business away from the spot-price-driven boom-and-bust cycles that have long defined memory chips. Before the rise of AI, earnings at Samsung Electronics and SK hynix were heavily exposed to prices for mass-market DRAM and NAND flash, commodities notorious for swinging between shortag
Will AI contracts shield Korean chipmakers from boom-and-bust cycle?
Korean jobseekers face an AI test with no rulebook Korean jobseekers face an AI test with no rulebook SEOUL, September 01 (AJP) - AI literacy is becoming the latest addition to the long list of so-called "specs" young South Koreans need to compete for already-scarce entry-level jobs. The problem is that employers themselves are still figuring out what they want. SK hynix is removing its traditional personal-statement questions from applications in the second half of this year. Instead, applicants will be asked to describe how they have used AI in projects, research and problem-solvin

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