-
S, Korea warns chip boom could spark property speculation
SEOUL, June 20 (AJP) - A historic semiconductor-driven economic boom in South Korea risks triggering widespread real estate speculation and widening wealth inequality unless fiscal policies are reformed, the presidential policy chief warned on Saturday. The influx of wealth driven by global demand for artificial intelligence chips has pushed economic indicators to record highs but threatens to distort the domesti
-
Household debt bottlenecks Korean corporate lending
SEOUL, June 20 (AJP) - South Korea's major commercial banks face a critical bottleneck in expanding corporate credit due to a heavy structural over-reliance on household loans. A report released Saturday by the Korea Institute of Finance warned that domestic lenders lack the capital agility of global competitors, leaving them poorly positioned to support national economic growth just as regulators freeze tradit
-
Trump pressures Iran to complete peace deal
SEOUL, June 20 (AJP) - United States President Donald Trump has issued a stark ultimatum to Tehran, warning that Washington could resume military actions if a final agreement is not reached within a strict 60-day window. Speaking at Joint Base Andrews on Friday (local time), Trump pressured Iran to solidify a recent memorandum of understanding into a permanent treaty or face severe consequences. The remarks signal
-
Montenegro seeks to adopt Kazakh digital governance model
SEOUL, June 20 (AJP) - Montenegrin President Jakov Milatovic met with Kazakh President Kassym-Jomart Tokayev in Astana on June 19 to discuss adopting the digital transformation technologies of Kazakhstan to modernize his country's public administration. According to the Kazakhstan Ministry of Foreign Affairs, the talks mark a significant shift in international diplomacy as European nations increasingly see
-
-
-
Many analysts see Iran, not Washington, as the strategic winner of the war
SEOUL, June 18 (AJP) - President Donald Trump hailed the U.S.-Iran memorandum of understanding as a diplomatic victory that would prevent Tehran from obtaining nuclear weapons and restore stability to global energy markets. Many international relations scholars and security analysts see it differently. Several experts interviewed by AJP said the 109-day conflict ultimately strengthened Iran's strategic leverage, exposed limits to American military power and accelerated shifts already under
by Lee Jung-woo
How US-Iran ceasefire will reshape Asia and global economy
The world breathed a collective sigh of relief this week when the United States and Iran agreed to a sudden ceasefire. The newly released 14-point Memorandum of Understanding officially hits pause on a highly explosive conflict, bringing quiet to the Middle East. However, when we look closely at the actual promises made on paper, the deal is quite shocking. The agreement requires the U.S. to immediately lift its naval blockade, unfreeze billions of dollars in restricted Iranian money, and allow
Inside KF-21, a test pilot pushes Korea's indigenous fighter to its limits
SEOUL, June 19 (AJP) - The moment can come low above the ground, when the aircraft is turning hard and the pilot's vision begins to fade. For Maj. Song Min-seok, a test pilot for South Korea's KF-21 Boramae fighter jet, one of the most demanding parts of the job is not flying fast. It is holding the aircraft at the edge of its limits long enough to finish the test — even as his body tells him to stop. "When you keep turning under G-force, blood moves down toward your legs an
Packaging bottleneck to decide winner in Korea's HBM4E race
SEOUL, June 18 (AJP) - SK hynix and Samsung Electronics are locking horns to seize an early lead in next-generation AI memory by shipping samples of their 12-layer HBM4E chips to major customers such as Nvidia for future data-center GPUs including Rubin Ultra. But as the race moves beyond raw memory performance, industry watchers say the real bottleneck may lie elsewhere: Taiwan Semiconductor Manufacturing Co.'s advanced packaging capacity. SK hynix said Wednesday it had shipped samples of
Canada's submarine choice extends beyond hardware
Drawing the hairline: Korea debates insuring hair loss
