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Samsung workers take protest to Seocho as record shareholder payout raises stakes SEOUL, August 21 (AJP) - "Seocho is next!" That was the promise Samsung Electronics workers made on July 16, when thousands gathered outside the company's Suwon campus for the first rally organized by the newly formed Donghaeng union. A little over a month later, they made good on it. Thousands of workers descended on Samsung's Seocho headquarters in southern Seoul on Friday, demandi
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Samsung expects up to 110 trillion won in shareholder returns this year SEOUL, August 21 (AJP) - Samsung Electronics expects to return as much as 110 trillion won to shareholders this year, setting up the largest shareholder return in the company's history.
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Former NSC chief urges Seoul to take Trump's latest moves seriously SEOUL, August 21 (AJP) - Former White House National Security Council chief of staff Alexander B. Gray urged Seoul to take U.S. President Donald Trump seriously on investment and the treatment of American companies.
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How Seoul's hillside neighborhood becomes hidden gem for foreigners
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Early-August exports hit record high as chip shipments stay strong
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Retirement age fight halts every Hyundai Motor plant in S. Korea SEOUL, August 21 (AJP) - Every production line at South Korea's largest automaker went down Friday morning as workers began their first full-day strike in a decade. -
Producer prices fall for 1st time in 11 months SEOUL, August 21 (AJP) - South Korea's producer prices fell for the first time in 11 months in July as lower oil and import costs eased inflationary pressures that had built up earlier this year. -
LG sweeps major global design awards across TVs, robots and home appliances SEOUL, August 21 (AJP) - LG Electronics has completed a sweep of the world's three major design awards this year, winning 17 prizes at the 2026 International Design Excellence Awards. -
Financial authorities to offer more support for borrowers amid rising global yields SEOUL, August 21 (AJP) - South Korea will prepare additional support for vulnerable groups as rising long-term global bond yields threaten to raise borrowing costs for households and businesses.
ASIA Insight>
Viet Nam's Gen Z protests without gathering SEOUL, August 21 (AJP) - The flowers under the tree outside No. 55 Nguyen Huy Tu Street arrived one at a time, which is why the police had nothing to break up. Over roughly a week in August, young Vietnamese walked to the spot in central Hanoi, left a bouquet, photographed it and went home. By the time the pile was large enough to be a problem, no crowd had ever formed. The tree marks the place where a car crossed into oncoming traffic on May 30, 2025, and struck a motorbike carrying a father a by Park Sae-jin
Will Trump's joint drill reduction revive talks with North Korean leader?
SEOUL, August 20 (AJP) - U.S. President Donald Trump's abrupt call to scale back a joint military exercise with South Korea has quickly moved from presidential rhetoric to security concerns, amid growing signs that he is seeking another face-to-face meeting with North Korean leader Kim Jong-un. The annual Ulchi Freedom Shield exercise (UFS), which began earlier this week and was originally scheduled to run for 11 days through Aug. 27, is being cut to five days and end on Friday. South Kore
AJP Focus>
BigBang's 20th anniversary comes as older K-pop acts find new life SEOUL, August 19 (AJP) - K-pop boy band BigBang marked their 20th anniversary on Wednesday with their first digital single in four years, hoping to continue attracting attention years after their heyday. Their return comes as older K-pop groups are gaining renewed attention, attracting both longtime fans and younger listeners discovering their music years after their debut. But another shift is unfolding at the same time. While veteran acts are finding ways to stay together, some younger idols
Moody's raises growth forecast for South Korea, putting BOK in dilemma over rate hike
SEOUL, August 18 (AJP) - Global ratings agency Moody's raised its growth forecast for South Korea to 3.5 percent in a report published last week. The stronger outlook could support another interest rate hike, although strong exports and already high borrowing costs may reduce the need for the Bank of Korea to raise rates again soon. The forecast also put South Korea's growth at 2.7 percent for next year. The 2026 forecast was 1 percentage point higher than Moody's 2.5 percent estima
