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Trump's tariff maze keeps Korea guessing as another deadline looms SEOUL, July 23 (AJP) - For U.S. trading partners—foes and allies alike—it has become nearly impossible to keep up with tariff rates during President Donald Trump’s second term.
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Korean growth runs above potential of 2% H1 on AI chip boon SEOUL, July 23 (AJP) - South Korea's economy cooled in the second quarter from the blistering pace of the previous three months, but stayed comfortably above its estimated growth potential and on track to achieve the government's annual growth target of 3.0 percent.
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U.S. pressure exposes South Korea's limited Hormuz options SEOUL, July 23 (AJP) - As long as the Strait of Hormuz remains a potential flashpoint, one question is likely to keep returning to Seoul: What can South Korea realistically contribute if Washington asks for military support?
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Hyundai flags Europe drag as sales target comes under pressure
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Reality bites as Korea's retail investors struggle to escape leverage trap
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Nearly half of jobless young Korean graduates out of work for over a year SEOUL, July 23 (AJP) -Nearly half of South Koreans aged 15 to 29 who had completed their education but were not working had remained without employment for at least a year as of May, the highest share since the global financial crisis. -
South Koreans top longevity as well as suicide in OECD scale SEOUL, July 23 (AJP)—South Koreans are among the world's longest-living people, but also have the highest suicide rate in the OECD. -
US House passes defense bill tightening guardrail against USFK troop cuts SEOUL, July 23 (AJP) - The U.S. House of Representatives has passed a fiscal 2027 defense policy bill that would strengthen congressional guardrails against any move to reduce the number of American troops stationed in South Korea below 28,500. -
Lee seeks broad consensus on housing to avoid Japan-style property bust SEOUL, July 23 (AJP) -Normalizing property prices distorted by "abnormal" demand and supply is the purpose of housing policy, South Korean President Lee Jae Myung said Thursday, calling for a broad social consensus on how to balance housing supply.
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Borderline Koreans: too able to qualify, too slow to fit SEOUL, July 22 (AJP) - It is 2 p.m., and the lunch rush has cleared at Youth Mungan, a kimchi stew shop in Seoul's southwestern neighborhood of Nakseongdae. A young man moves from table to table, spraying sanitizer and wiping every corner with meticulous care. "Customers sit here," Kim Ji-woo, 27, said sheepishly. "Wiping it perfectly clean puts my mind at ease." He clears plates, relays orders to the kitchen and folds used aprons neatly onto a rack. Closing the dining by Kim Dong-young, Yoo Na-hyun
Can a bigger World Cup keep its luster?
SEOUL, July 22 (AJP) - The World Cup has never been just about football. It has been a global stage where countries show off their sporting power, shape their national image and increasingly compete for influence and economic gain. That is why FIFA's consideration of expanding the quadrennial tournament to 64 teams in 2030 has sparked a debate that goes far beyond simply adding more matches or making the event bigger. FIFA President Gianni Infantino has argued that a larger World Cup would
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Korea's battery trio turns corner on ESS boom SEOUL, July 23 (AJP) - South Korea's three largest battery makers are seen to have bottomed out in the second quarter as AI boom-led energy storage demand and renewed appetite for EVs from Gulf conflict-induced oil price turbulence pulled them out of a near two-year slump. The reversal of fortune has most benefited Samsung SDI, the underdog among the trio, with analysts expecting it to return to an operating profit for the first time in seven quarters. That would end a losing streak dating
K-pop's second act: Why groups no longer really disappear
SEOUL, July 22 (AJP) - When NewJeans released a surprise anniversary film at midnight on July 22, it did more than celebrate four years since the group's debut. The video reunited Minji, Hanni, Haerin and Hyein in official group content for the first time in one year and four months after a prolonged contract dispute that had brought the group's activities to a halt. A court sided with their agency, ADOR, in both an injunction and the main lawsuit over the validity of their exclusive c
