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  Oil surge causes brutal Black Monday in Seoul SEOUL, March 09 (AJP) - The global energy market plunged into turmoil Monday as fears of a prolonged Middle East conflict sent crude prices soaring. Brent crude had surged 25 percent from the previous session to $116 per barrel, while U.S. benchmark West Texas Intermediate (WTI) jumped 27 percent to $115. Dubai crude — the benchmark most relevant for Asian importers — also breached the $100 mark after the March 6 close, marking its sharpest rise in more than two and March 9, 2026
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  Asian stocks tumble as oil surge rattles markets; Korea triggers circuit breaker SEOUL, March 09 (AJP) - Asian stock markets fell sharply Monday as surging oil prices and escalating tensions in the Middle East triggered a broad risk selloff across the region, with Korea and Japan among the hardest hit. Korea’s benchmark KOSPI closed at 5,251.9, down 6 percent, after plunging more than 8 percent throughout the trading session and briefly falling to 5,096.2. The sharp drop triggered a Level-1 circuit breaker, temporarily halting trading for 20 minutes. March 9, 2026
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  Qatar government organizes emergency flight for South Koreans stranded in Doha SEOUL, March 09 (AJP) - An emergency direct flight carrying South Koreans departed Doha on Monday following negotiations between the South Korean Embassy in Qatar and the Qatari government. The Qatar Airways flight, carrying some 300 South Korean nationals, took off at approximately 3:45 p.m. (0645 GMT). According to the Ministry of Foreign Affairs (MOFA), the aircraft is scheduled to land at Incheon International Airport at 12:21 a.m. on Tuesday. The flight was arranged as the March 9, 2026
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  Mug shots of alleged serial killer released SEOUL, March 9 (AJP) - Prosecutors on Monday released the mug shots of a suspect arrested for allegedly committing a series of killings. The Seoul Northern District Prosecutors' Office released the suspect's photos along with personal information including her name and age, which will be made public until April 7. Kim So-young is accused of giving drinks containing benzodiazepine-class drugs to three men on separate occasions between mid-December and early February, cau March 9, 2026
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  Travel time suggests USFK assets may join Iran nuclear raid SEOUL, March 09 (AJP) - As Tehran remains defiant with the war entering its second week, intelligence signals suggest the United States and Israel are preparing for a potential special forces raid on Iranian nuclear facilities — an operation that could involve key air defense assets stationed in South Korea. Defense authorities in Seoul and Washington stressed Monday that the combined defense posture on the Korean Peninsula remains “ironclad,” regardless of any tac March 9, 2026
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  Black Monday exposes vulnerabilities of external-reliant Korean economy SEOUL, Mar 09 (AJP) - The Black Monday bombshell in South Korean capital markets has once again laid bare the vulnerabilities of the country’s external-reliant economy, now facing the dreaded triple highs of oil prices, the dollar and interest rates — a classic recipe for stagflation. Crude prices touched above $110 per barrel for the first time since the early months of Russia’s invasion of Ukraine in 2022, marking one of the fastest climbs since the oil crises March 9, 2026
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  Indian spring festival brings colors flying in Miryang SEOUL, March 09 (AJP) - Miryang city in South Gyeongsang Province held the 16th Holi Hai Festival at the Sunshine Miryang Theme Park Cultural Plaza on March 8. Approximately 1,000 Korean and foreign participants joined the event. Holi is a traditional Indian festival celebrating the arrival of spring where people throw colored powder and water at each other. The event was designed as a platform for communication where citizens and foreign residents can enjoy togeth March 9, 2026
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  UAE airlifts Korean MSAM II interceptors as Gulf tensions rise SEOUL, March 09 (AJP) - South Korea has delivered more than 30 interceptor missiles for its Cheongung-II (M-SAM II) medium-range surface-to-air missile system to the United Arab Emirates ahead of schedule, as the Gulf state seeks to bolster its air defenses amid rising tensions with Iran. According to government sources, the UAE had requested early delivery of additional Cheongung-II batteries. Seoul reportedly found the request difficult to meet due to existing supply commitments March 9, 2026
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  South Korea on alert as nearly 200 sailors remain in Persian Gulf SEOUL, March 9 (AJP) - Some 183 South Korean sailors are confirmed in the Persian Gulf, with the government here stepping up efforts to ensure their safety amid the ongoing conflict in the Middle East. After a meeting chaired by Vice Minister and Acting Minister Kim Seong-beom, the Ministry of Oceans and Fisheries said on Monday that about 146 sailors are aboard 26 South Korean-flagged ships, while 37 are on foreign-flagged vessels as of last Sunday. No South Korean sailors hav March 9, 2026
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  i-dle becomes first K-pop girl band to host solo concert at Taipei Dome SEOUL, March 09 (AJP) - Five-member K-pop girl band i-dle successfully drew more than 36,000 fans on March 7, at a concert held at Taipei Dome as part of its fourth world tour, its agency Cube Entertainment said Monday. The band, comprised of five members -- Miyeon, Minnie, Soyeon, Yuqi and Shuhua -- had their concert tickets sold out immediately after general ticket sales opened on Feb. 1. The upcoming Taipei concert follows the group's three-day concert per March 9, 2026