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Korea's job market shuts out 20s as first rung of hiring narrows SEOUL, August 12 (AJP) - For many South Korean parents, the cost of supporting children no longer ends at university graduation, as college-educated young adults spend longer trying to secure steady jobs.
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Shareholders clear Asiana folding under the wing of Korean Air SEOUL, August 12 (AJP) - Shareholders of Asiana Airlines gave their final blessing Wednesday to its merger with larger Korean Air, clearing the runway for South Korea's single full-service flag carrier's Dec. 17 liftoff after a five-year integration process.
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Naver confirms KEF membership, plays down labor-tension angle SEOUL, August 12 (AJP) - Naver, South Korea's largest internet company, has become the first domestic IT firm to join the Korea Enterprises Federation, the country's main employers' body.
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BTS' V, Jungkook disclose health concerns amid tour
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Hot Stock: LG Electronics fly on hopes for deeper Nvidia ties
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N. Korea fires ballistic missile ahead of UFS, possible hypersonic weapon tested SEOUL, August 12 (AJP) - North Korea fired a ballistic missile into the East Sea on Wednesday, with analysts raising the possibility that Pyongyang tested a hypersonic short-range ballistic missile or a medium-range weapon flown on a shortened trajectory. -
Money may buy happiness: SK hynix happier than Samsung SEOUL, August 12 (AJP) - Who says money can't buy happiness? SK hynix ranked among the top 3 percent of South Korean companies for employee happiness while archrival Samsung Electronics placed around the top 60 percent, -
China grabs over 80% of global ship orders, Korea at 16% SEOUL, August 12 (AJP) - With global ship orders falling by more than half in July from the previous month, China accounted for more than 80 percent of the orders, while South Korea accounted for just 16 percent. -
Lee accepts credentials of US Ambassador Steel and others SEOUL, August 12 (AJP) - President Lee Jae Myung welcomed U.S. Ambassador to South Korea Michelle Steel on Wednesday in their first meeting since the Korean American and former congresswoman took up her post in Seoul.
ASIA Insight>
Pandemic hangover? Young Koreans opt solo as socializing gets pricey SEOUL, August 12 (AJP) - For Jin, a corporate worker in his 30s, some friendships have simply become too expensive to maintain. “I feel uncomfortable meeting friends who want to eat somewhere expensive every single time,” he said. “I also don’t like taking turns paying for meals. Splitting the bill is just easier.” HJ Kim, 32, has reached much the same conclusion. What bothers her is not merely the price of dinner, but the invisible accounting that can begin once by Ryu Yuna
Military AI sovereignty emerges as Asia's new defense front
SEOUL, August 11 (AJP) - The next contest for military power is no longer simply about who has the best weapons or even the most powerful artificial intelligence. It is increasingly about who controls the AI when the shooting starts. The United States has demonstrated the advantage of combining its AI software edge with military might. Japan, China and South Korea are now pursuing different strategies to ensure that critical military capabilities do not become dependent on technology controlled
AJP Focus>
HBM isn't enough: Chipmakers race to break AI's memory wall SEOUL, August 12 (AJP) - The race to build faster artificial intelligence memory is beginning to move beyond simply stacking more DRAM, as chipmakers confront a more fundamental problem: even high-bandwidth memory may not be enough to keep increasingly powerful AI processors fed with data. For the past several years, competition among memory makers has centered on successive generations of HBM, from HBM3E to HBM4 and HBM4E. SK hynix, Samsung Electronics and Micron have raced to increase bandwid
KOSDAQ roars back as leveraged bets unwind
SEOUL, August 11 (AJP) — South Korea's long-neglected KOSDAQ is suddenly outrunning its bigger sibling and major stock markets around the world, gaining 19 percent in the first seven trading sessions of August as investors look beyond the leveraged chip trade that dominated the first half. The junior market closed Tuesday at 857.84, up 19.2 percent from 719.76 at the end of July. The benchmark KOSPI, by contrast, has lost 3.8 percent over the same period to 6,345.53. Among major glob
