-
Sogang University latest to report data breach in Korea
SEOUL, August 15 (AJP) -Sogang University has become the latest South Korean institution to report a data breach, adding to a series of cyber incidents that have exposed vulnerabilities across the country's corporate, government and education systems.
-
Grammys rethink Asian pop award after BTS pullout
SEOUL, August 15 (AJP) - The Recording Academy is reconsidering its newly created Asian pop Grammy category after criticism that separating music by geography and language could marginalize Asian artists, a backlash amplified by BTS's decision to sit out next year's awards.
-
Chey divorce returns to court, buying time on record payout
SEOUL, August 15 (AJP) —South Korea's biggest divorce settlement is heading back to the Supreme Court, giving SK Group Chairman Chey Tae-won more time to raise the 944 billion won ($669 million) in cash he has been ordered to pay his former wife while deferring immediate pressure on his corporate holdings.
-
Korea widens nuclear export push from rules to SMRs
SEOUL, August 15 (AJP) - South Korea is widening its nuclear export strategy beyond building reactors, seeking to package regulatory know-how with its manufacturing and construction muscle as it targets newcomer markets in Southeast Asia and a rapidly forming global supply chain for small modular reactors.
MASGA gets liftoff with drones with Washington's push
SEOUL, August 14 (AJP) - Washington's push to rebuild strategic industries at home while reducing dependence on China is creating new openings for South Korean companies in two seemingly different sectors: shipbuilding and drones. The latest U.S. moves point to a broader strategy of tapping production capacity from trusted allies where American industry cannot immediately meet demand, while using tariffs, investment and procurement rules to steer strategic supply chains away from China. Fo
by Kim Hee-su
Why North Korean leader keeps putting his daughter in spotlight
SEOUL, August 14 (AJP) - In one of the world's most closed societies like North Korea, what matters may lie in what happens before a successor is ever named. For decades, the isolated country's hereditary Kim dynasty has shown that power is not simply passed down when the previous leader dies. It has to be prepared, groomed and carefully managed to prevent any chaos. That process now appears to be underway for current North Korean leader Kim Jong-un's daughter Ju-ae. In recent years
Is the Seoul stock party over or just cooling down?
SEOUL, August 14 (AJP) — South Korea's KOSPI has rebounded after a heavy crash in July. But the crazy roller-coaster ride has shifted to a duller plateau, with the main drivers quietly taking a back seat. The benchmark index flirted with 7,000 Friday, rebounding more than 30 percent from its late-July intraday low of 5,262.77. Yet trading activity and cash on standby remain well below the levels seen during the market frenzy in June. The ebb is evident. Investor deposits — cas
China cracks memory club, but harder test looms
SEOUL, August 14 (AJP) - China's heavily government-backed chipmakers are breaking into the once-exclusive global memory club, with Yangtze Memory Technologies Co. (YMTC) vaulting into the world's top three NAND flash suppliers for the first time. But just as China closes the gap in manufacturing scale, artificial intelligence is moving the industry's profit pool toward a harder target. YMTC captured 14 percent of global NAND bit shipments in the second quarter, overtaking Japan
Korean retail investors reload on risk at home, abroad
Korea's trade representative sacked, raising speculations
Today's Photo
Extreme heat drives up vegetable prices
Today's Photo
Extreme heat drives up vegetable prices
