AJU PRESS - ASIA NEWS HUB

KOSPI hits new heights and ordinary Koreans can only watch in envy SEOUL, May 07 (AJP) - South Korea’s benchmark stock index keeps scaling one record after another, but for many ordinary investors the rally feels increasingly like a private party they cannot afford to enter. After surging 70 percent last year, the KOSPI has already climbed another 77 percent this year, propelled overwhelmingly by a handful of AI-fueled chip giants. The gains have become so concentrat
The higher Samsung Elec goes, the deeper internal collision over rewards SEOUL, May 07 (AJP) - Samsung Electronics has much to celebrate — joining the rare ranks of companies generating more than $40 billion in quarterly profit and surpassing a $1 trillion market capitalization. Yet beneath the triumph, the company faces growing internal strains that mirror the strengths and vulnerabilities of the broader Korean economy, heavily hanging on the semiconductor boom. The fo
How AI is erasing entry-level career path in Korea SEOUL, May 7 (AJP) - Near midnight in Seoul's Gangnam district, the lights inside law offices still burn long after neighboring buildings have gone dark. But for many junior lawyers, the exhaustion no longer comes from endless paperwork alone. Artificial intelligence has sharply shortened the time needed for much of the grunt work that once consumed young associates' nights — document reviews,