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DMZ mine case exposes gaps in how Korea's military boundary is mapped
SEOUL, October 06 (AJP) - The Military Demarcation Line has bisected the Korean Peninsula since 1953. More than seven decades later, South Korea, the United Nations Command and North Korea are realizing they may not be using exactly the same references to locate it on the ground. For Seoul, the rude awakening came after South Korea and the UNC concluded that North Korean mines planted about 10 meters south of
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Seoul wired first $2.4 bn to back Texas energy project
SEOUL, October 06 (AJP) -South Korea has wired an initial $2.4 billion under its $200 billion investment commitment to the United States to help fund a $22.3 billion natural-gas power complex in Encinal, Texas, designed largely to supply electricity to an adjacent artificial intelligence data-center campus.
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FSS identifies 19 IPs linked to financial cyberattacks
SEOUL, Oct. 6 (AJP) —Seoul has identified 12 countries and territories hosting 19 internet protocol (IP) addresses linked to a barrage of cyberattacks on the country’s financial sector, spanning major commercial banks, regional and online lenders, and brokerage houses.
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Korea's FX reserves fall $1.72 billion as U.S. investment commitments loom
SEOUL, October 06 (AJP) -South Korea’s foreign exchange reserves fell by $1.72 billion in September — the third-largest decline this year — as the country prepares to bankroll its pledged energy investments in the United States, highlighting potential pressure on its reserve holdings and the won.
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Seoul demands inter-Korean military talks to resolve MDL dispute
SEOUL, October 06 (AJP) -South Korea renewed its call Tuesday for military talks with North Korea to reconcile differing interpretations of the Military Demarcation Line, after a military investigation concluded that North Korean mines planted south of the line had injured South Korean troops.
Once the buyer, now the suitor: AMD's Lisa Su due back in Korea
SEOUL, October 06 (AJP) - For decades, the semiconductor industry’s pecking order was relatively straightforward: chip designers and system companies called the shots, while memory makers competed to supply them. The artificial intelligence boom is starting to turn that relationship on its head. AMD Chair and CEO Lisa Su is due in South Korea this week, seven months after her previous visit in March, as the U.S. chipmaker seeks the advanced memory and manufacturing partnerships needed to
by Candice Kim
South Korea seeks military sovereignty, but still needs Uncle Sam
SEOUL, October 02 (AJP) - South Korean President Lee Jae Myung was unequivocal on Armed Forces Day - Seoul should reclaim wartime operational control of its military, a goal he wants to achieve before his five-year term ends in 2030. “There is no country in the world that relies on another person or another country for its military command authority,” Lee said at a luncheon following the ceremony marking the 78th Armed Forces Day, in a country that maintains roughly 450,000 active-d
Are Korea's financial defenses ready for an AI hacker army?
SEOUL, October 06 (AJP) - The chain of security breaches has become a pratfall for South Korea's vaunted IT industry and digital banking sector, raising questions over whether their firewalls and other defenses are ready for hackers armed with autonomous AI agents. The attackers probed the sector's side doors — loan-broker lookup pages, staff support systems and other services outside the main customer-facing platforms. They kept testing until several gave way. At least six banks
Korean investors turn to Japan on weak yen and AI boom
SEOUL, October 2 (AJP) — South Korean retail investors are increasingly looking across the Korea Strait as a stalling market at home and volatile U.S. bond prices turn their attention to Japan’s weak yen and expanding opportunities in the AI supply chain. South Korean investors bought $4.65 billion worth of Japanese stocks in the first nine months of 2026, up 94 percent from $2.40 billion a year earlier, according to the Korea Securities Depository (KSD). Purchases of U.S. shares r