• Korea's data breaches get personal as latest exposes cosmetic choices SEOUL, September 8 (AJP) - South Korea has grown accustomed to large-scale data breaches. The latest one is also unusually personal.
• UPDATE: South Korea sees per-capita GNI top $40,000 this year SEOUL, September 8 (AJP) - South Korea's national income increased sharply in the second quarter because trade conditions improved, while household purchasing power rose at a much slower pace.
• Hormuz contribution stays undecided as Iran warns Seoul SEOUL, September 08 (AJP) - The government does not accept the assessment that its own handling of an attack on a South Korean cargo ship in May left an opening for Iran's warning to Seoul this week, the Ministry of Foreign Affairs said Tuesday.
• Lee second-term question looms over Assembly session SEOUL, September 08 (AJP) - South Korean President Lee Jae Myung may be in France this week, but back home the political heat is rising over a question the opposition wants him to answer himself. Will he rule out another presidential run if constitutional reform moves forward?
• More jobseekers eligible for support as age limit rises to 34 SEOUL, September 8 (AJP) - More young adults in South Korea will become eligible for job-related support as the government decided to raise the age limit from 29 to 34.
• HMM lands $3.5 billion long-term shipping contract with Vale SEOUL, September 08 (AJP) - HMM has signed a 4.7 trillion won ($3.5 billion) long-term shipping contract with Brazilian mining giant Vale, locking in cargo for eight new bulk carriers for 25 years as South Korea's largest container shipper expands stable earnings outside its mainstay container business.

AJP Briefing

• KOSPI closes below 7,000 as higher oil prices wipe out chip-led gains SEOUL, September 8 (AJP) - South Korean stocks gave up a strong early gain on Tuesday, with the country's benchmark index closing below 7,000 points as higher oil prices and caution ahead of U.S. inflation data offset gains in chip stocks and hopes for U.S. investment projects. The KOSPI closed at 6,954.52, down 0.58 percent from the previous session. The index opened above 7,000 and climbed steadily through much of the morning, reclaiming the level intraday for the first time in 15 tradin
• Japanese yen and bonds rally as BOJ tightening bets build SEOUL, September 08 (AJP) - The Japanese yen and long-dated government bonds rallied together Tuesday as investors priced faster tightening by the Bank of Japan (BOJ) alongside lower longer-term inflation risks. The yen strengthened as far as 152.89 per dollar, its strongest level since Feb. 17, before returning to around 153.3. Japan's 10-year government bond yield fell 4 basis points to 2.890 percent in morning trading. Ataru Okumura, senior rate strategist at SMBC Nikko Securities Inc.,

AJP ScaleUP

• 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
• Sky Labs doubles on KOSDAQ debut SEOUL, September 04 (AJP) - South Korean digital healthcare company Sky Labs doubled from its initial public offering (IPO) price on its KOSDAQ debut Friday after briefly surging to nearly three times the offering price. As of 2:20 p.m., shares traded at 20,000 won ($14.40), double its 10,000 won offering price. The stock opened at 8,500 won and fell as low as 8,200 won. It later climbed to an intraday high of 28,750 won, 187.5 percent above the IPO price. The sharp reversal made the company o

ASIA Insight

• 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 by Lee Jung-woo

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

• 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
• 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