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  • TRAVEL: A walk over royal revenge — The dark secret of Seouls Cheonggyecheon
    TRAVEL: A walk over royal revenge — The dark secret of Seoul's Cheonggyecheon SEOUL, November 27 (AJP) - Strolling along the Cheonggyecheon Stream in downtown Seoul, it is easy to be lulled by the gentle flow of water and the hum of the city fading into the background. Once buried beneath suffocating asphalt and elevated highways, this eco-friendly waterway was miraculously restored in the mid-2000s. Today, it serves as a serene urban sanctuary for office workers seeking a lunch-hour escape and tourists soaking in the city's vibe. But beneath the str November 27, 2025
  • Asian shares extend rally on AI momentum and KOSPI recovers 4,000-mark.
    Asian shares extend rally on AI momentum and KOSPI recovers 4,000-mark. SEOUL, November 27 (AJP) - Asian equity markets maintained their positive momentum on Thursday, driven by persistent optimism surrounding the Artificial Intelligence (AI) sector and a growing global conviction that US interest rates may soon ease. The KOSPI in Seoul led the charge, reclaiming the psychologically significant 4,000-point mark to trade 1.4 percent higher at 4,017, reclaiming the 4,000-point mark for the first time in five days. Sentiment improved after the Bank of Ko November 27, 2025
  • Koreas acting community bids final farewell to beloved actor Lee Soon-jae
    Korea's acting community bids final farewell to beloved actor Lee Soon-jae SEOUL, November 27 (AJP) - Veteran actors and young aspiring performers bid a final farewell to their beloved teacher and role model Lee Soon-jae, whose passion for acting endured until illness forced him off the stage at age 90. The funeral was held at 5:30 a.m. Thursday at Seoul Asan Medical Center, attended by family members, fellow actors, longtime students, and colleagues from across the entertainment industry. Jeong Bo-seok, who played Lee’s son in the si November 27, 2025
  • 2.2-magnitude earthquake shakes Wanju in southern South Korea
    2.2-magnitude earthquake shakes Wanju in southern South Korea SEOUL, November 27 (AJP) - A magnitude 2.2 earthquake struck near Wanju in southern South Korea, prompting several residents to report feeling tremors in the area. According to fire authorities, the earthquake occurred at around 8:06 p.m. on Wednesday, 6 kilometers southeast of Wanju in North Jeolla Province. The epicenter was located at 35.89 degrees north latitude and 127.23 degrees east longitude, with a depth of 5 kilometers. Tremors, accompanied by a loud noise, were ob November 27, 2025
  • UNESCO official expresses regret over redevelopment project near Jongmyo Shrine
    UNESCO official expresses regret over redevelopment project near Jongmyo Shrine SEOUL, November 27 (AJP) - Lazare Eloundou Assomo, head of the UNESCO World Heritage Centre, reiterated the need for a Heritage Impact Assessment (HIA) amid controversy over a redevelopment project near Jongmyo Shrine. During a meeting in Paris, France on Wednesday with Huh Min, head of the Korea Heritage Service (KHS), Assomo expressed strong regret over the project. The controversy began after the Seoul Metropolitan Government abruptly decided late last month to raise the hei November 27, 2025
  • Naver Financial, Dunamu vow to seize global market with AI-Web3 synergy
    Naver Financial, Dunamu vow to seize global market with AI-Web3 synergy SEOUL, November 27 (AJP) - Naver Financial and cryptocurrency exchange operator Dunamu on Thursday declared their intent to dominate the global digital finance landscape by fusing artificial intelligence with blockchain technology, as the two Korean tech powerhouses formalize their corporate alliance. Top executives from Naver, Naver Financial and Dunamu gathered at Naver's second headquarters in Seongnam to unveil their vision a day after approving a merger that brings Upbit op November 27, 2025
  • PHOTOS: South Koreas homegrown rocket successfully puts satellites into orbit
    PHOTOS: South Korea's homegrown rocket successfully puts satellites into orbit SEOUL, November 27 (AJP) - South Korea's homegrown Nuri rocket was successfully launched overnight, carrying its main satellite along with a dozen smaller satellites into their planned orbit, the Ministry of Science and ICT said on Thursday. Speaking at a press briefing at the Naro Space Center in Goheung, South Jeolla Province, Science Minister Baek Jeong-hoon said the rocket, dubbed KSLV-II, received a signal from its next-generation medium-sized satellite about 40 minutes aft November 27, 2025
  • BOK holds year-end key rate at 2.5%, ups growth forecast to 1.0%
    BOK holds year-end key rate at 2.5%, ups growth forecast to 1.0% SEOUL, November 27 (AJP) - As widely expected, the Bank of Korea kept its base rate unchanged at 2.5 percent on Thursday in its final policy meeting of 2025, reflecting policy bind amid waning appeal of Korean debt and assets with the Korean won at crisis-level weakest. The freeze signals the Korean central bank's decision to stay on the sidelines while hoping for greater policy maneuvering room should the U.S. Federal Reserve cut its benchmark rate again in December. Monetar November 27, 2025
  • The hidden engine of Nuris success: HD Hyundai Heavys ground launch system
    The hidden engine of Nuri's success: HD Hyundai Heavy's ground launch system SEOUL, November 27 (AJP) - When South Korea’s Nuri rocket lifted off before dawn on Thursday, attention naturally turned to the spacecraft streaking into the sky. But the success of the launch was rooted firmly on the ground — specifically, in the complex launch system engineered and operated by HD Hyundai Heavy Industries. For the fourth mission in a row, the country’s largest shipbuilder played a pivotal but largely unseen role in enabling one of South Korea& November 27, 2025
  • South Koreas Hyundai Glovis secures $720 million LNG transport contract
    South Korea's Hyundai Glovis secures $720 million LNG transport contract SEOUL, November 27 (AJP) - Hyundai Glovis said on Thursday it has signed a long-term liquefied natural gas (LNG) shipping contract worth about 960 billion won ($720 million) with a major global trading company, marking one of the largest gas-transport deals in the company’s portfolio. The contract, which runs for up to 15 years, will be serviced by a newly built 174,000-cubic-meter LNG carrier — a vessel large enough to transport more than half of South Korea’s November 27, 2025