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NATO looms over Canada's Korea-Germany submarine choice SEOUL, June 22 (AJP) - Canada's $40 billion submarine procurement is evolving from an industrial contest into a geopolitical choice, with an upcoming NATO summit poised to give Germany an edge over South Korea.
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LG's Koo making quiet strides on Nvidia AI front SEOUL, June 22 (AJP) - A full AI ecosystem from data centers to robotics is what a 30-member Team LG delegation is pitching at Nvidia headquarters in Santa Clara, California, led by Koo Kwang-mo, chairman of South Korea's fourth-largest conglomerate.
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Samsung, Lotte vie for CDMO supremacy as K-bio storms BIO USA SEOUL, June 22 (AJP) - South Korean chips are not the only hot-selling commodities in the United States. Biopharmaceutical heavyweights have descended on the Pacific coast city of San Diego.
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SK hynix premium eclipses Samsung in AI stock hierarchy
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Starbucks Korea closes early for a crash course in democracy history
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Military reform plans could weaken defense capabilities, critics warn SEOUL, June 22 (AJP) - Critics on Monday warned that plans to merge South Korea's military academies and dismantle the Defense Counterintelligence Command (DCC) could weaken the military readiness at a time of growing security challenges in the region. -
Seoul steps up monitoring of Strait of Hormuz as US deal SEOUL, June 22 (AJP) - The government is closely monitoring the safety of South Korean ships and crews stuck in the Strait of Hormuz, with 22 vessels still in the area, the Ministry of Foreign Affairs said. -
Two ships run by Korean carriers exit Hormuz under U.S.-Iran deal SEOUL, June 22 (AJP) - Two ships run by South Korean carriers have left the Strait of Hormuz under a U.S.-Iran agreement, marking the first such departures since the two countries reached a deal aimed at ending the war. -
Netflix classroom drama mirrors reality as 300 teens admit to online gambling SEOUL, June 22 (AJP) -In one episode of Netflix's "Teach You a Lesson," an ordinary high school student falls into a vicious cycle of online gambling and criminal networks as he struggles to pay off mounting debt.
ASIA Insight>
Asia's currencies wobble again, but this is not another IMF moment SEOUL, June 22 (AJP) - Asia's currencies are flashing warning signs again, stirring uncomfortable memories of the late 1990s, when one collapsing exchange rate after another triggered a regional financial meltdown. This time, however, the story is fundamentally different. From South Korea’s won and Indonesia’s rupiah to the Philippine peso, parts of Asia have come under renewed pressure as Gulf energy disruptions raise inflation risks, U.S. interest rates remain elevated and As by Kim Yeon-jae
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
AJP Focus>
Korea's baffling vitals: an economy puffing hot and cold SEOUL, June 22 (AJP) -The South Korean economy is running hot and cold — and the honest answer to whether the hot part is real isn't yes or no. It's that the boom is genuine and the headline numbers are still misleading you about what it means for the economy as a whole. By the headline numbers, Asia's fourth-largest economy is doing exceedingly well, seemingly unfazed by nearly four months of disruption to the Strait of Hormuz, the chokepoint for roughly a fifth of the world&
When AI talks markets: Three chatbots, one Samsung question, and the $620 bet behind it
SEOUL, June 21 (AJP) - The world has always found curious ways to talk about the future. Sometimes the storyteller is a philosopher, sometimes an economist. In 2026, a new narrator has joined them: artificial intelligence. Claude, Gemini and ChatGPT — three large models built by three rival labs — were each handed the same question. A Wall Street analyst has put an 850,000-won target on Samsung Electronics. What to make of it? What stands out is not that the three reached wildly
