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Korea courts Uzbek minerals before Central Asia summit
SEOUL, September 14 (AJP) - Critical minerals, high-speed rail and defense exports drove the opening round of South Korea's Central Asia summit week on Monday. President Lee Jae Myung received Uzbek President Shavkat Mirziyoyev at Cheong Wa Dae, the first of five regional leaders arriving in Seoul. Hours earlier, the industry ministry had convened the first Korea-Central Asia industry ministers' mee
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AI time-out calls grow just as Korea readies AI jolt
SEOUL, September 14 (AJP) - After years of acceleration and frenzied infatuation with generative artificial intelligence, U.S. creators and users are suddenly shouting time-out, with debate spreading among incumbent and former presidents, Silicon Valley and beyond over warnings of a Frankenstein moment and even doomsday for humanity.
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Korea boosts meat supply to fight Chuseok inflation
SEOUL, September 14 (AJP) - Beef, pork and egg supplies will be sharply increased before the Chuseok holiday as South Korea seeks to contain prices ahead of one of the country's biggest family gatherings.
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Tokayev arrives for summit as Kazakhstan eyes AI and minerals deals
SEOUL, September 14 (AJP) - Kazakhstan will press South Korea this week to widen a partnership built largely on car plants into artificial intelligence, data infrastructure and processed critical minerals, an agenda President Kassym-Jomart Tokayev carried into Seoul on Monday at the start of a state visit.
Korean Gen Z takes to streets to protest U.S. call for Hormuz support
SEOUL, September 12 (AJP) - On most Saturdays, Gwanghwamun Square belongs to tourists, families, street performers and the assortment of political groups that regularly claim a patch of downtown Seoul for their causes. This Saturday brought another one: opposition to President Donald Trump’s repeated demands that South Korea help secure the Strait of Hormuz as the United States confronts Iran. Many in the crowd were not the veteran anti-American or progressive activists familiar from dem
by Lee Jung-woo
In Korea's delivery republic, gratitude comes without the tip
SEOUL, September 11 (AJP) - Any homebody knows the small thrill — the doorbell, footsteps outside and finally the arrival of dinner, groceries or the sneakers you have been waiting weeks for. In South Korea's delivery republic, that moment is woven deeply into everyday life. Increasingly, some customers are finding small ways to acknowledge the people who make it possible, whether through an iced drink, a snack, an extra meal or simply a note saying thank you and ride safely. The ges
Korea bond curve flattens as front-end yields hit multi-year highs
SEOUL, Sept. 14 (AJP) — South Korea's government bond curve flattened further Monday as front-end yields climbed to multi-year highs while longer maturities retreated, sharpening expectations for a higher-for-longer tightening path ahead of this week's Federal Reserve and Bank of Japan meetings. The two-year Korean government bond yield ended at 3.932 percent and the three-year at 4.025 percent, their highest levels since Nov. 1, 2023. Longer maturities pulled back from Friday
AI comes at a price: $3,000 for a phone
SEOUL, September 11 (AJP) - Apple is ready for a strong comeback after losing loyal Korean consumers to Samsung's foldables, with the iPhone's first foldable form rolling out across Korea on Oct. 23. The appeal to lure back long-term iPhone users is apparent, if form had been the sole put-off. The sole damper is the starting price tag of 3.29 million won for the entry-level 256-gigabyte model and 5.09 million won for the top-end 2-terabyte iPhone Duo. Apple has again set the bar by pus