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Astra ups heat in Samsung-SK hynix HBM4E 1c showdown
SEOUL, September 07 (AJP) - "AGI has arrived,” Nvidia CEO Jensen Huang declared as he congratulated OpenAI on the release of GPT-6 Astra, which the ChatGPT creator calls its most intelligent and aligned model yet. A
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South Korea, US plan 8 nuclear reactors under investment pact
SEOUL, September 07 (AJP) - South Korea and the United States are set to include a plan to pursue the construction of eight nuclear power reactors in the United States in their bilateral strategic investment framework, a ruling-party lawmaker confirmed to AJP on Monday.
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'Possible Love' stirs Venice sensation with 6-minute ovation
SEOUL, September 07 (AJP) - Lee Chang-dong's "Possible Love" emerged as one of the early sensations of the Venice Film Festival after drawing a six-minute standing ovation and rave reviews, putting the Korean auteur's first feature in eight years among the closely watched contenders for the Golden Lion.
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S. Korea, US, Japan launch Freedom Edge without US carrier
SEOUL, September 07 (AJP) - South Korea, the United States and Japan began their annual Freedom Edge exercise Monday near Jeju Island, with the five-day multidomain drill set to run without a U.S. aircraft carrier for a second straight year.
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USD/KRW spikes as NPS reportedly halts FX hedging
SEOUL, September 07 (AJP) - The South Korean won abruptly reversed direction Monday after testing a near two-year high against the U.S. dollar, following a report that the National Pension Service (NPS) had suspended foreign-exchange hedging activity.
Seoul's Hormuz dilemma puts Tokyo on notice
SEOUL, September 07 (AJP) - The heat from Washington is rising on Seoul to contribute to reopening the Strait of Hormuz, and Tokyo is increasingly feeling it too as Japan braces for the possibility that it could be next in line for a U.S. call to act. South Korea has yet to decide whether to send military assets to the strategic waterway, but the Trump administration has become increasingly explicit in demanding support from an ally heavily dependent on Middle Eastern energy. The dilemma is be
by Kim Hee-su
Will America risk New York for Seoul?
SEOUL, September 03 (AJP) - U.S. President Donald Trump wants to meet North Korean leader Kim Jong-un and ordered scale-back in U.S.-South Korea military drills that anger Pyongyang and cost Washington heavily, reigniting a long-running question in Seoul: Should South Korea arm itself with nuclear weapons? Once taboo, the idea is gaining broader public acceptance. Sixty-five percent of South Koreans support the country possessing nuclear weapons, while 30 percent oppose it, according to the la
Robotics may be the destination for Louisiana steel mill
SEOUL, September 07 (AJP) - The $5.8 billion Louisiana mill backed by South Korea's two biggest steelmakers is designed primarily to feed America's auto industry, but its largest customer and investor Hyundai Motor Group has a deeper ambition for the metal — robotics. Hyundai Motor Group Chairman Chung Eui-sun said Sept. 4 that steel from Hyundai-POSCO Louisiana Steel (HPLS) should eventually find its way into Atlas, the humanoid robot being developed by group-owned Boston Dynamic
Chip windfall finally arrives on the FX front
SEOUL, September 04 (AJP) - The South Korean won is looking entirely different from the first half, closing at its strongest level in 14 months Friday as a swelling current-account surplus increasingly offsets heavy overseas equity investment and other capital outflows, giving authorities room to absorb a reported $20 billion in dollars from SK hynix's landmark U.S. share sale without reversing the currency's rally. The dollar fell 8.9 won to close Friday's daytime trading at 1,350.
Korea's rate hikes lift delinquency risks for indebted homebuyers: BOK
Coupang dispute to loom over Korea-U.S. ties beyond midterms
