-
Seoul ready to launch medical aid to North Korea SEOUL, September 14 (AJP) - South Korea is ready to provide 166 types of medical equipment to North Korea as soon as Pyongyang agrees to accept the assistance, having already secured a U.N. sanctions exemption.
-
Lee holds five bilateral talks before Central Asia summit EOUL, September 14 (AJP) - President Lee Jae Myung will begin three days of back-to-back diplomacy with the leaders of five Central Asian countries from Monday, ahead of South Korea’s first multilateral summit with the region.
-
S. Korea, U.S. hold defense talks in Busan amid Hormuz pressure SEOUL, September 14 (AJP) - South Korea and the United States will hold high-level defense talks in Busan this week amid growing pressure from Washington for a South Korean contribution to U.S. operations in the Strait of Hormuz, according to the defense ministry in Seoul Monday.
-
Overdraft borrowing surges 10% amid stock investment in Korea
-
Korea stock trading extends to 8 p.m. from Monday
-
Corporate tax to top income tax '27 as chips reshape Korea's tax base SEOUL, September 14 (AJP) -South Korea’s corporate tax revenue is projected to more than double next year from this year’s supplementary-budget estimate and exceed income tax receipts for the first time in 15 years. -
Lee's approval rating hits dismal low as young voters turn against him SEOUL, September 14 (AJP) - President Lee Jae Myung's approval rating has fallen to a record low of 33.8 percent, according to a poll released on Monday. -
SK AX wins Korean govt award for in-house AI training program SEOUL, September 14 (AJP) - SK AX has gained a government validation for its in-house program training and certifying employees in generative artificial intelligence. -
Alatau City draws S. Korean partners ahead of Seoul summit SEOUL, September 14 (AJP) - Two South Korean technology firms agreed this month to build a digital model of Alatau City, a Kazakh new town that remains largely empty land, in the latest of a series of Korean commitments to the project ahead of Wednesday's first summit between South Korea and five Central Asian countries.
ASIA Insight>
Korean Gen Z takes to streets to protest U.S. call for Hormuz support SEOUL, September 12 (AJP) - On most Saturdays, Gwanghwamun Square belongs to tourists, families, street performers and the assortment of political groups that regularly claim a patch of downtown Seoul for their causes. This Saturday brought another one: opposition to President Donald Trump’s repeated demands that South Korea help secure the Strait of Hormuz as the United States confronts Iran. Many in the crowd were not the veteran anti-American or progressive activists familiar from dem by Lee Jung-woo
In Korea's delivery republic, gratitude comes without the tip
SEOUL, September 11 (AJP) - Any homebody knows the small thrill — the doorbell, footsteps outside and finally the arrival of dinner, groceries or the sneakers you have been waiting weeks for. In South Korea's delivery republic, that moment is woven deeply into everyday life. Increasingly, some customers are finding small ways to acknowledge the people who make it possible, whether through an iced drink, a snack, an extra meal or simply a note saying thank you and ride safely. The ges
Visuals>
Today's Photo
Buses display banners opposing strike
Today's Photo
Seoul city bus strike looms in two days
AJP Focus>
AI comes at a price: $3,000 for a phone SEOUL, September 11 (AJP) - Apple is ready for a strong comeback after losing loyal Korean consumers to Samsung's foldables, with the iPhone's first foldable form rolling out across Korea on Oct. 23. The appeal to lure back long-term iPhone users is apparent, if form had been the sole put-off. The sole damper is the starting price tag of 3.29 million won for the entry-level 256-gigabyte model and 5.09 million won for the top-end 2-terabyte iPhone Duo. Apple has again set the bar by pus
Chip boom: boon or curse for Korea's household debt?
SEOUL, September 10 (AJP) - The chip bonanza is not just lifting South Korea's nominal growth to levels unseen in decades. It is also pushing the household debt ratio toward an 11-year low as gross domestic product expands much faster than borrowing. The household debt-to-GDP ratio could fall toward 80 percent this year - or the lowest level since 79.2 percent in 2015 - if double-digit nominal growth of 15 to 20 percent is sustained in the second half. The ratio had already fallen to 85.3
