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Family holiday Chuseok takes on a different meaning as Korea ages SEOUL, September 23 (AJP) — Growing old is becoming increasingly synonymous with growing solo in South Korea. People in their 60s now make up the largest share of the country's one-person households, as rapid aging and changes in marriage and family life reshape the profile of those living alone.
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Chuseok cash circulates as more flows back to banks SEOUL, September 23 (AJP) — Cash remains abundant in South Korea, where the economy is running at its strongest pace since the pandemic. But more of that money appears to be making its way back into the banking system before it can circulate for long in everyday spending.
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OECD lifts Korea growth outlook to 3.7%, ADB to 3.2% on AI chip boom SEOUL, September 23 (AJP) - Two major international institutions sharply raised South Korea's growth forecasts on Wednesday as booming AI-related semiconductor exports and stronger production pushed the economy well beyond expectations from just a few months ago.
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Korea's consumer sentiment rebounds as income hopes outweigh rate concerns
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Chuseok travelers hit roads early as shorter holiday brings heavy traffic
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Lee holds impromptu meeting with Trump in New York SEOUL, September 23 (AJP) - South Korean President Lee Jae Myung met with U.S. President Donald Trump in an impromptu meeting in New York on Tuesday. According to Cheong Wa Dae here, the roughly 30-minute meeting took place on the sidelines of the United Nations General Assembly. -
AJP Factbox: When and where for fall foliage in S.Korea SEOUL, September 23 (AJP) - South Korea's autumn foliage will start turning in the northern Gangwon mountains in early October and reach its nationwide peak later that month, the Korea Forest Service said Wednesday. -
Kakao union pickets founder's appeal hearing SEOUL, September 23 (AJP) - Kakao's labor union picketed outside the Seoul High Court on Wednesday, carrying its protest against the company's planned split to the appeals hearing of founder Kim Beom-su. -
Lee pledges push to revive US–North Korea talks, build lasting peace SEOUL, September 23 (AJP) - South Korea will work to revive long-stalled dialogue between North Korea and the United States to lay the groundwork for ending the threat of war, President Lee Jae Myung said on Tuesday.
ASIA Insight>
What's in a face? In Korea, seemingly a lot SEOUL, September 23 (AJP) -A gifted physiognomist played by Song Kang-ho sits at the center of the 2013 Korean film The Face Reader, able to divine a person's character and destiny simply by looking at a face. His gift eventually draws him into a struggle over the Joseon throne. After studying the face of Prince Suyang, he sees the makings of a ruthless usurper. His judgment proves accurate. But knowing what is coming does not mean he can stop it. Despite his efforts to protect the young K by Kim Hee-su
When AI becomes a confidant, how much should we tell it?
SEOUL, September 22 (AJP) - Plug in your personal details, desires, weaknesses and troubles. Artificial intelligence suddenly becomes a confession box, healer, consultant, judge, friend and even accomplice. For Jang, an office worker in his 30s from Bundang, south of Seoul, the familiarity is unsettling. "When I talk to AI about my problems, sometimes it scares me to think that it will eventually know me better than I know myself," he said. The sense of privacy and closeness can be
AJP Focus>
AI giants go straight to memory makers SEOUL, September 23 (AJP) - The artificial intelligence boom is beginning to reshape not only how memory chips are used, but who buys them. OpenAI and Anthropic are expected to begin purchasing memory directly from manufacturers in 2027 as leading AI developers take greater control over the chips and data centers that power their models, according to an industry report. The shift could create a new class of direct customers for Samsung Electronics and SK hynix, which have traditionally supplie
Korea looks beyond HBM. Can HBF prove as big?
SEOUL, September 22 (AJP) - South Korean memory makers racing to sustain a comfortable lead on the next-generation chip front have their eyes on the next big thing; high-bandwidth flash, or HBF. Six months ago, one prominent chip researcher predicted it would define the AI path. "HBM defined the last decade, but HBF will likely determine the next," Joung-ho Kim, a professor at the Korea Advanced Institute of Science and Technology (KAIST), told AJP in March. The proposition is now a
