• Even Buddhism gets muddled over election in South Korea SEOUL, August 11 (AJP) - Elections can get dirty, and even one of South Korea's oldest religious traditions is not immune to the rough edges of politics.
• Korea's won, bonds buck global trend after stocks dominate H1 SEOUL, August 11 (AJP) - The KOSPI and chip stocks sucked up capital and attention in the first half, but as the second half gets under way, it is the Korean won and bonds that are bucking the global trend and gaining ground.
• Unitree heads to market as China dominates humanoid robotics' first act SEOUL, August 11 (AJP) - In humanoid robotics’ first commercial act, there is one dominant player: China, whose manufacturers accounted for more than 97 percent of global shipments in the first half of 2026.
• Korea, Uzbekistan put AI minerals atop business agenda for C5 summit SEOUL, August 11 (AJP) - Artificial intelligence, from the critical minerals needed to build its infrastructure to the data centers and digital technologies that power it, is emerging as the centerpiece of the business agenda for upcoming summit between South Korea and Uzebekistan.
• Korea, Tajikistan industry officials meet ahead of C5 summit SEOUL, August 11 (AJP) - Ahead of the first Korea-Central Asia Summit in September, South Korea and Tajikistan on Tuesday discussed expanding economic cooperation in critical minerals, supply chains and new technologies.
• Hanwha bids $1.2 billion for Austal USA to boost US shipbuilding SEOUL, August 11 (AJP) - Hanwha Group is seeking to acquire the U.S. operations of Australian shipbuilder and defense contractor Austal, stepping up efforts to expand its shipbuilding and defense presence in the United States.

AJP Briefing

• LG Elec rolls out FDA-cleared diagnostic monitor SEOUL, August 12 (AJP) - LG Electronics has launched a new diagnostic monitor cleared by the U.S. Food and Drug Administration, expanding its medical display lineup as the South Korean electronics maker targets the business-to-business healthcare market. The 40-inch monitor, model 40HT513D, features a 21:9 curved IPS Black display with a resolution of 5,120 by 2,160 pixels and 11-megapixel support. Its three-way picture-by-picture function allows medical professionals to view three separate
• Samsung Elec payout hopes lift KOSPI more than 2% SEOUL, August 12 (AJP) -Seoul's main index jumped more than 2 percent in early trade Wednesday as foreign and institutional money returned to large-cap stocks on speculation that chip bellwethers could sharply increase shareholder payouts. The KOSPI traded at 6,484.59, up 2.2 percent from Tuesday's close of 6,345.53, while the junior KOSDAQ reversed course and fell 1.5 percent to 845.18. The rally was narrow. Decliners outnumbered advancers 473 to 357 on the main board, while the large

AJP ScaleUP

• EcoPro BM higher as $900 million fundraising backs nickel project SEOUL, August 10 (AJP) —Shares of KOSDAQ-listed battery materials maker EcoPro BM rose Monday after the company spelled out how it would use proceeds from its 1.2 trillion won ($850 million) rights offering, with nearly two-thirds earmarked for a nickel smelter project in Indonesia. As of 2:55 p.m., the stock was trading at 114,300 won ($81), up 6.82 percent, after rising as high as 115,400 won earlier in the day. According to a revised securities registration statement filed with South
• KOSDAQ-listed biotech Alteogen rallies on BlackRock stake SEOUL, August 10 (AJP) — Shares of South Korean biotech firm Alteogen jumped more than 15 percent Monday after BlackRock, the world's largest asset manager, disclosed that its combined holdings in the company had crossed 5 percent. As of 11:17 a.m., Alteogen was trading at 346,500 won ($244.74), up 13.77 percent from the previous session. The rally followed a regulatory filing submitted Friday by BlackRock Fund Advisors, which showed that the firm and its affiliated entities held a c

ASIA Insight

• Military AI sovereignty emerges as Asia's new defense front SEOUL, August 11 (AJP) - The next contest for military power is no longer simply about who has the best weapons or even the most powerful artificial intelligence. It is increasingly about who controls the AI when the shooting starts. The United States has demonstrated the advantage of combining its AI software edge with military might. Japan, China and South Korea are now pursuing different strategies to ensure that critical military capabilities do not become dependent on technology controlled by Kim Hee-su
• Inside Koreas' chip republic: Samsung's AI future starts at 3:45 a.m. This is the second installment of AJP's Chip Republic series, offering a rare first-hand look inside Samsung Electronics' next-generation fab construction site as the chip giant races to defend its technological supremacy. PYEONGTAEK, August 10 (AJP) - At 3:45 a.m., with the worst of the day's heat still hours away, Samsung Electronics' race to build its next great semiconductor factory is already underway. Temporary food stalls appear in the darkness outside P5, the giant new by Candice Kim

AJP Watch

• Dog days of summer end, so does Korea's dog meat tradition SEOUL, August 11 (AJP) - There are "dog days of summer" for English-speaking societies. Korea likewise has its own pun from ancient calendar for the season’s punishing heat — and this Friday, its final dog day will carry an unusually literal sense of ending. Aug. 14 is Malbok, the last of the three traditional hottest days collectively known as Sambok, or Boknal. It will also be South Korea’s last Malbok before breeding, slaughtering and selling dogs for food becomes
• OTT killed the cinema. Korea's hottest summer revives it SEOUL, August 10 (AJP) - South Korea’s longest summer heat wave has breathed new life into a pastime and industry nearly killed by streaming — moviegoing and theaters. For couples like Kim Soo-hyun, 29, the once-standard weekend date outdoors has become almost impossible. “It’s been really hard to go on dates on weekends because it’s so hot,” said Kim, an office worker living in southern Seoul’s Seocho district. “The car is cool and comfortable,

AJP Focus

• KOSDAQ roars back as leveraged bets unwind SEOUL, August 11 (AJP) — South Korea's long-neglected KOSDAQ is suddenly outrunning its bigger sibling and major stock markets around the world, gaining 19 percent in the first seven trading sessions of August as investors look beyond the leveraged chip trade that dominated the first half. The junior market closed Tuesday at 857.84, up 19.2 percent from 719.76 at the end of July. The benchmark KOSPI, by contrast, has lost 3.8 percent over the same period to 6,345.53. Among major glob
• Korean gaming industry's love-hate affair with AI SEOUL, August 10 (AJP) - South Korean gamers are famously hard to please, putting almost anything new through a punishing stress test. Few newcomers have received a colder welcome than artificial intelligence — loathed when players can see it, yet increasingly indispensable to the people making the games. Korean game developer Shift Up posted a music video for one of its own titles on July 31. Within days, fans had a word for it: slop. The clip for "Wanna Be in Love," from the