• Three in 100 Korean students report school violence SEOUL, September 9 (AJP) -Nearly three in every 100 South Korean students confessed they had suffered school violence, suggesting tougher monitoring and crackdowns have yet to rein in bullying, government data showed Wednesday.
• Xi, Putin send congratulatory messages as North Korea marks 78th anniversary SEOUL, September 9 (AJP) - North Korea unveiled congratulatory messages from Chinese President Xi Jinping and Russian President Vladimir Putin, with both leaders pledging to strengthen ties with Pyongyang, as the reclusive country marked the 78th anniversary of its founding on Wednesday.
• Samsung partners with Mistral AI to develop semiconductor-specific AI SEOUL, September 09 (AJP) - Samsung Electronics has formed a strategic partnership with French artificial intelligence startup Mistral AI to jointly develop AI models tailored to semiconductor design and manufacturing.
• Samsung deepens Galaxy Watch heart-health push SEOUL, September 09 (AJP) - The smartwatch is no longer merely a supplement to a smartphone. Samsung Electronics is pushing its latest Galaxy Watch deeper into preventive health care.
• Lee, Macron pledge efforts to restore Strait of Hormuz SEOUL, September 9 (AJP) - South Korean President Lee Jae Myung agreed with French President Emmanuel Macron to coordinate closely on international efforts to restore freedom of navigation in the Strait of Hormuz and stabilize global supply chains during their summit in Paris on Tuesday.
• Corporate borrowing picks up amid slowing household loans SEOUL, September 09 (AJP) - Bank loans showed mixed trends last month, with corporate borrowing accelerating while household loan growth slowed despite an increase in mortgage-related lending

AJP Briefing

• KOSPI tops 7,000 as fiber trade lifts Seoul and Tokyo SEOUL, September 09 (AJP) - A fiber-optic supply contract signed in the United States reshaped trading across Northeast Asia on Wednesday, lifting cable and wire makers in both Seoul and Tokyo. The rally carried South Korea's benchmark KOSPI to its first close above 7,000 since July 23. The KOSPI rose 97.12 points to 7,051.64, a gain of 1.4 percent. The KOSDAQ, South Korea's secondary board for smaller and technology-focused companies, climbed 18.49 points to 830.37, up 2.3 percent.
• Chip stocks pull KOSPI above 7,000 SEOUL, September 09 (AJP) - South Korean stocks rebounded Wednesday morning, with the KOSPI climbing back above 7,000 as gains in chip heavyweights Samsung Electronics and SK hynix outweighed lingering pressure from higher oil prices and Middle East tensions. The benchmark stood at 7,039.16 as of 10:54 a.m., up 1.22 percent from the previous session. The KOSPI opened 0.26 percent higher at 6,972.87 and briefly slipped to 6,968.06 before turning higher as buying strengthened in semiconductor an

AJP ScaleUP

• XIIlab rises after winning NVIDIA-backed AI vision challenge SEOUL, September 9 (AJP) - South Korean artificial intelligence startup XIIlab rose nearly 5 percent Wednesday after winning a computer vision competition that tested whether models trained on synthetic images could perform effectively in real-world conditions. Shares traded at 11,760 won ($8.46) as of 2:09 p.m. on the KOSDAQ, up 4.91 percent from the previous close of 11,210 won. The stock opened at 11,800 won and climbed as high as 12,690 won during the session before giving back part of its
• ROBOTIS surges 22% on Goldman Sachs' 630,000-won target SEOUL, September 4 (AJP) — Shares of South Korean robotics company ROBOTIS jumped more than 22 percent Friday after Goldman Sachs rated the stock a buy and set a 630,000-won target price, citing strong demand for its robot actuators. Its shares closed at 304,500 won ($225), up 22.54 percent from the previous session's close of 248,500 won, according to Korea Exchange data. The stock opened at 267,000 won and fell as low as 265,000 won and climbed as high as 315,000 won during the sess

ASIA Insight

• South Korea takes state-led route in AI race as latecomer SEOUL, September 09 (AJP) - America's biggest technology companies are preparing to pour roughly $725 billion into artificial intelligence infrastructure this year. South Korea cannot come close to matching that private-sector firepower. So Seoul is reaching for something Silicon Valley does not need nearly as much — the state balance sheet. The government's 2027 budget bill submitted to the National Assembly on Sept. 3 lifts spending on AI and three linked mega-projects by 97.2 by Kim Dong-young
• How social media is rewriting presidential politics SEOUL, September 8 (AJP) - Donald Trump did not need a podium or a press conference to dominate the political conversation over the U.S. Labor Day weekend. He needed his social media account. The U.S. president posted more than 60 times on Truth Social on Sunday alone, filling his feed with political messages, memes and AI-generated images. Some mocked foreign countries and political opponents, while others depicted Trump in exaggerated or imaginary scenes. An independent archive tracking his by Joonha Yoo

AJP Watch

• Will Korea's most-loved game StarCraft become a K-game? SEOUL, September 08 (AJP) - South Korean game publisher Nexon is moving to bring the iconic StarCraft franchise under its arm through a licensing deal with Blizzard Entertainment, aiming to roll out the first new mainline installment of the battle game loved for nearly three decades in 16 years. The Chosun Ilbo reported that the deal was "on the verge of being finalized," after which Nexon would hold development rights to a successor to the existing series. "We can't say any
• One year in, Korea's humanoid still toddles SEOUL, September 07 (AJP) - KAIROS showed off its dancing skills to a national calisthenics tune on a Seoul stage Monday, but to an audience accustomed to somersaulting and kung fu-performing Chinese humanoids, its wobbly movements and seemingly glued feet hardly drew genuine applause. The performance offered a candid look at how far South Korea has come — and how far it still has to go — little more than a year into a state-backed effort to close the humanoid gap with China and the

AJP Focus

• Korea's Gen Z is running out of first-job options SEOUL, September 09 (AJP) - Gen Z may be an unlucky lot. The pandemic stole much of their college life, and the shift to artificial intelligence is now stripping away some of their first chances to gain real work experience. Lee Jae-hong, 27-year-old living in Seoul with his parents, has been applying jobs for two years, and this year, he finds fewer places to apply. "I feel like standing nowhere. I've started hard all my life and graduated from a decent school. But I cannot even pass
• Seoul's nuclear sub project reaches IAEA, yet nowhere with Washington SEOUL, September 08 (AJP) - South Korea has moved to clear a major safeguards hurdle for its nuclear-powered submarine program, formally opening consultations with the International Atomic Energy Agency. But substantive negotiations cannot advance far until Washington provides clearer guidance on how Seoul can secure nuclear fuel for the submarines. IAEA Director General Rafael Grossi said Monday that South Korea "has formally notified the Secretariat of its intention to start consultatio