AJP Asia Intelligence Agency

AI Pick

Im Sung-jae Finishes Tied for 15th at PGA Tour Rocket Classic Im Sung-jae Finishes Tied for 15th at PGA Tour Rocket Classic

Im Sung-jae finished tied for 15th at the PGA Tour Rocket Classic, which had a total purse of $10 million.On August 3, in the final round held at the Detroit Golf Club in Michigan, Im recorded four birdies and one bogey for a score of 3-under 67.With a total score of 11-under 269, Im ended the tournament tied for 15th alongside Keegan Bradley and Duck Kim, both from the United States.As a result of this tournament, Im's FedEx Cup ranking improved by one spot to 57th. With only the Wyndham Champi

MindLogic Sees Rapid Growth Amid Rising Demand for AI in Public and Education Sectors MindLogic Sees Rapid Growth Amid Rising Demand for AI in Public and Education Sectors

AI startup MindLogic has experienced over a twelvefold increase in revenue within a year, driven by the growing adoption of generative AI in the public and education sectors.As of the end of last month, the company reported cumulative sales of 5.48 billion won for the year, marking a 1132% increase compared to the same period last year.The company attributed its significant performance improvement to the rising demand for generative AI in public and education sectors, along with rapid customer a

GS25 Opens 1,000th Fresh-Focused Store to Boost Local Shopping GS25 Opens 1,000th Fresh-Focused Store to Boost Local Shopping

GS Retail's convenience store chain GS25 is accelerating its entry into the local shopping market with the opening of its 1,000th fresh-focused store.On August 3, GS25 announced the launch of the 'GS25 Cheonan Dujeong Golden Store' in Dujeong-dong, Seobuk-gu, Cheonan, South Chungcheong Province. This approximately 1,400-square-foot store is designed to cater to one- and two-person households by enhancing its selection of fresh products, including vegetables, fruits, eggs, and meats.The fresh-foc

L&F Plus Ships First Production of Domestic LFP Cathode Material L&F Plus Ships First Production of Domestic LFP Cathode Material

L&F, a company specializing in secondary battery materials, announced on August 3 that its subsidiary, L&F Plus, shipped its first production of lithium iron phosphate (LFP) cathode material from the country’s first LFP mass production line on July 31. The shipment consists of products produced during the ramp-up phase of the production line, aimed at stabilizing production and increasing output. These initial products will undergo customer evaluations and quality verification to establish a ful

Jordan Becomes a U.S. Military Outpost Amid Increased Iranian Attacks Jordan Becomes a U.S. Military Outpost Amid Increased Iranian Attacks

The United States has increased its use of military facilities in Jordan amid escalating Iranian attacks targeting the country. As criticism grows that the U.S. military presence has drawn Jordan into the conflict, calls for troop withdrawal are also rising.According to the Wall Street Journal on August 2, Iran has launched at least 60 missiles and drones toward Jordan since the ceasefire between the U.S. and Iran collapsed on July 8. Jordanian forces intercepted Iranian missiles or drones on ei

Hyundai Steel Reports 2nd Quarter Operating Profit of 57.7 Billion Won, Down 43.3% Year-on-Year Hyundai Steel Reports 2nd Quarter Operating Profit of 57.7 Billion Won, Down 43.3% Year-on-Year

Hyundai Steel announced on August 3 that it recorded consolidated sales of 6.1073 trillion won, an operating profit of 57.7 billion won, and a net profit of 12.1 billion won for the second quarter of 2026. While sales increased by 2.7% compared to the same period last year, operating profit fell by 43.3%.Sales rose by 6.4% from the previous quarter, driven by increased demand for rebar products and higher prices for key products. Operating profit also improved compared to the previous quarter.Re

Mayor Park Seung-won Praises Citizens for Achieving Carbon Neutrality in Gwangmyeong Mayor Park Seung-won Praises Citizens for Achieving Carbon Neutrality in Gwangmyeong

Mayor Park Seung-won praised the efforts of citizens on August 3, stating, "The participation of over 20,000 citizens in protecting the Earth is a testament to the power of the community in creating a carbon-neutral Gwangmyeong and is a significant achievement."On this day, Mayor Park announced, "The number of participants in the Climate Volunteer initiative has surpassed 20,000, bringing us one step closer to realizing a carbon-neutral city created with the community."The 'Climate Volunteers' i

Heat Wave Strikes Japans Earthquake Survivors as They Seek Shelter Heat Wave Strikes Japan's Earthquake Survivors as They Seek Shelter

On July 28, a woman in her 70s, who had been living in her car after the Kumamoto earthquake, died from suspected heatstroke. Her vehicle's air conditioning had stopped working due to a lack of fuel. Residents who evacuated their homes to escape the earthquake are now facing extreme heat exceeding 104 degrees Fahrenheit, along with water shortages and the risk of infectious diseases.The Yomiuri Shimbun reported on August 3 that the woman, a resident of Hikawamachi in Kumamoto Prefecture, was fou

Jeonju and Gunsan Schools Earn IB World School Certification Jeonju and Gunsan Schools Earn IB World School Certification

Jeonju University Affiliated Elementary School, led by Principal Choi Sang-jin, and Gunsan Hohyun Elementary School, headed by Principal Sim Ji-young, have received certification as IB World Schools for the International Baccalaureate (IB) Primary Years Programme (PYP).According to the Jeonbuk Special Self-Governing Provincial Office of Education, the IB PYP is an educational program for children aged 3 to 12 that encourages students to ask questions, explore, and engage in deep learning through

K-Beauty Expands Export Opportunities as South Korea and Indonesia Improve Halal Regulations K-Beauty Expands Export Opportunities as South Korea and Indonesia Improve Halal Regulations

The Ministry of Food and Drug Safety has achieved progress in easing export burdens for K-Beauty by reaching an agreement with the Indonesian government on improving halal certification procedures. With mandatory halal labeling for cosmetics set to take effect in October, the enhancements to certification processes and on-site inspection standards are expected to lower export barriers for domestic companies.From July 20 to 22, the Ministry dispatched a joint public-private support team to Indone