AJU PRESS - ASIA NEWS HUB

Seoul mulling deploying Hyundai Motor robots for border patrol SEOUL, May 11 (AJP) - South Korea’s military is quietly studying whether robotic dogs and wearables built by Hyundai Motor Group could one day complement human patrols along the tense front lines dividing the Korean Peninsula, as demographic collapse begins to hollow out the ranks of one of the world’s largest conscript armies. The discussions, still at an early stage, underscore how a shrinking b
Wall Street bias leaves Korean won lagging despite equity boom SEOUL, May 11 (AJP) - The bias toward Wall Street stocks among South Korean investors has eased, but not nearly enough to offset foreign divestment from Korean equities — a gap that helps explain the won’s stubborn weakness. According to data released by the Bank of Korea (BOK) last Friday, outbound stock investment by residents rose by $4 billion in March, slowing sharply from $13.46 billion in
Seoul condemns attack on HMM vessel in Strait of Hormuz SEOUL, May 11 (AJP) - South Korea on Monday formally condemned a kinetic strike on a specialized cargo vessel in the Strait of Hormuz after a joint investigation concluded that two airborne projectiles hit the ship. The confirmation follows a week of uncertainty regarding the Panama-flagged HMM Namu, which was left with a massive hull rupture and an engine room fire after the May 4 strike. The vessel was ca