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BOK holds at 2.5% as asset inflation fuels leverage risks SEOUL, February 26 (AJP) - The Bank of Korea (BOK) kept its benchmark interest rate unchanged at 2.5 percent on Thursday, extending a pause that has been in place since May last year, as surging asset prices rekindle concerns over leveraged investing and record-high household debt. The decision at the central bank’s second policy meeting of 2026 was widely expected. In January, the BOK subtly shifted
Indian satellite startup invites Korean tech names to develop military solutions BENGALURU, INDIA, February 26 (AJP) - Astrome Technologies, an Indian defense technology startup specializing in high-frequency satellite and wireless systems, is seeking strategic partnerships with South Korean companies to jointly develop next-generation military satellite solutions, its president said in an exclusive interview with AJP. “We would be very happy to work with the satellite and telecom b
Samsung Electronics ushers in agentic AI phone era with Galaxy S26 SEOUL, February 26 (AJP) -The drizzle over the Palace of Fine Arts in San Francisco did not stop more than 1,200 journalists and influencers from crowding into the domed venue Wednesday for Samsung Electronics’ latest Unpacked event — a return to the same stage where the company once declared it was preparing for a “new decade” of mobile. This time, instead of dazzling hardware thea