Latest news
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Prosecution chief steps down citing concerns over prosecutorial reform
SEOUL, July 1 (AJP) - Prosecutor-General Shim Woo-jung tendered his resignation on Tuesday, citing concerns over prosecutorial reform, one of the major priorities expected to be pursued by the new administration. In a brief written statement, Shim said the reform, which would involve a major overhaul of the prosecution, should be implemented through thorough discussions among scholars, experts, and other professionals, as it is directly related to the "fundamental rights of all
July 1, 2025 -
S. Korea greenlights national consumption coupon plan amid heated budget review
SEOUL, July 01 (AJP) - As South Korea’s National Assembly continues to deliberate the government’s proposed 30.5 trillion won ($22.5 billion) supplementary budget, lawmakers on Tuesday approved one of its most contentious items, a 13.2 trillion won plan to distribute universal consumption coupons. The decision was made as part of a broad policy review session, where ruling and opposition parties clashed over fiscal responsibility and the effectiveness of key spending prop
July 1, 2025 -
Korean biotech firm DewCell partners with Thermo Fisher on artificial platelet project
SEOUL, July 1 (AJP) - DewCell, a South Korean biotechnology company specializing in stem cell-based therapies, announced Tuesday that it has launched a collaboration with Thermo Fisher Scientific of the United States to develop a customized culture medium for the large-scale production of artificial platelets. The partnership will focus on creating a serum-free, animal-origin-free medium tailored specifically to platelet cell cultivation. DewCell said the joint effort aims to maximi
July 1, 2025 -
PHOTOS: Beauty of Mount Kumgang in North Korea
SEOUL, July 01 (AJP) - North Korea's Foreign Languages Publishing House recently issued a collection of postcards showcasing the natural landscapes of Mount Kumgang, one of the Korean Peninsula's most revered and picturesque mountains. Mount Kumgang, often translated as "Diamond Mountain," is a majestic range in North Korea's Kangwon Province, celebrated for its dramatic granite peaks, cascading waterfalls, and serene valleys. Revered in Korean culture for centuries,
July 1, 2025 -
'Squid Game' finale maintains top spot among TV shows on Netflix
SEOUL, July 1 (AJP) - The third and final season of Netflix's South Korean series "Squid Game" has remained the most-streamed show, since its release last Friday. The much-anticipated season of the dystopian thriller ranked No. 1 among TV shows in 93 countries worldwide as of Tuesday and maintained the top spot for three consecutive days, according to FlixPatrol, which tracks global streaming rankings. The six-episode finale continues the deadly, high-stakes saga th
July 1, 2025 -
Creator of 'Squid Game' responds to American spinoff rumors
SEOUL, July 01 (AJP) - The final moments of Netflix drama series Squid Game's highly anticipated third season have ignited speculation about an American spinoff, especially following a surprise appearance by veteran actress Cate Blanchett. But according to series creator Hwang Dong-hyuk, while the cliffhanger ending was designed to leave an impression, it was not intended to launch a new franchise, at least not by the South Korean director. Speaking with The Hollywood Reporter
July 1, 2025 -
Korean convenience store chains accelerate global push with growth stalling at home
SEOUL, July 01 (AJP) - Faced with a saturated market and declining sales at home, South Korea’s leading convenience store brands are racing to expand overseas in a bid to secure new sources of growth. Major players GS25, CU, and Emart24 are intensifying their international efforts as the domestic retail environment shows signs of fatigue. According to a May 2025 retail sales report from the Ministry of Trade, Industry and Energy, sales in South Korea’s convenience s
July 1, 2025 -
US faces greatest economic risk in global trade war: BOK
SEOUL, July 1 (AJP) - The United States stands to suffer the most severe economic fallout if President Donald Trump’s protectionist trade policies provoke full-scale retaliation from its global trading partners, the Bank of Korea said in a report released Tuesday. The central bank’s New York office said that U.S. trade exposure has grown significantly since the 1930s, when the Smoot-Hawley Tariff Act exacerbated the Great Depression by sharply raising duties on imported
July 1, 2025 -
Early heat wave brings record temperatures across country
SEOUL, July 1 (AJP) - As an early heat wave grips the country, several cities have recorded their highest average daily temperatures for this time of year, the Korea Meteorological Administration (KMA) said Tuesday. According to the KMA, the average temperature in the southern port city of Busan climbed to 26.2 degrees Celsius on the last day of June, the highest ever recorded for the month since weather observations began in 1904. The southwestern city of Mokpo also set a new re
July 1, 2025 -
K-pop band BTS to release live album as full group reunites after military service
SEOUL, July 01 (AJP) - K-pop wonder BTS will drop its first-ever live album on July 18, capturing performances from their record-breaking world tour "Permission to Dance on Stage," the seven-member band's agency said Tuesday. The album features 22 tracks recorded between 2021 and 2022 in South Korea and the United States, including crowd-pleasers such as "ON," "FIRE," "DOPE," and "IDOL." BigHit Music said the release is intende
July 1, 2025
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EV sales surge in South Korea, signaling shift toward mass adoption
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Kakao Pay abandons SSG Pay acquisition, pivots to AI investment
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INTERVIEW: How literature is bringing South Korea and Poland closer together
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Hanwha Q Cells joins US petition to curb solar panel imports from Chinese-controlled firms
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Lotte chairman orders sweeping overhaul as conglomerate confronts deepening crisis
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US Senate defense bill aims to preserve troop presence in South Korea
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Kim Hye-soon becomes first Asian poet to win German literature prize
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TRAVEL: Exploring traditional markets in Pattaya
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Prominent Korean AI researcher departs OpenAI to join Meta
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Low birthrate forces military pivot toward drones, automation