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Aichi-Nagoya Asian Games begin 16-day run
SEOUL, September 19 (AJP) - The 20th Asian Games officially open in Japan on Saturday, launching 16 days of competition across Aichi Prefecture and other parts of the country as Japan hosts the continental sporting event for the first time in 32 years.
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Korea extends fuel tax cuts, lowers Chuseok highway pump prices
SEOUL, September 18 (AJP) — South Korea will extend temporary fuel tax cuts through November and lower pump prices at 226 highway gas stations during Chuseok as authorities grapple with a renewed spike in energy costs from the widening Gulf crisis, the government said Friday.
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Public-sector deficit widens to record $60 billion
SEOUL, September 18 (AJP) - South Korea's public-sector revenue rose in 2025, but spending grew even faster, widening the deficit to a record 83.1 trillion won ($60.1 billion), according to data released by the Bank of Korea (BOK) on Friday.
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Korea's producer inflation reaccelerates toward 8% annual gain
SEOUL, September 18 (AJP) -South Korea's producer prices spiked toward an on-year increase of 8 percent on re-accelerating energy costs and unrelenting chip prices, pointing to sticky price pressure and a tightening bias in the latter half, central bank data showed Friday.
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Former envoy says Trump could propose Pyongyang summit
SEOUL, September 18 (AJP) - Former U.S. Deputy Secretary of State Stephen Biegun said President Donald Trump could propose a meeting with North Korean leader Kim Jong-un after the Asia-Pacific Economic Cooperation summit in China in November.
Seoul draws Hormuz line as Tokyo weighs mine-clearing role
SEOUL, September 18 (AJP) - President Lee Jae Myung on Friday ruled out any South Korean military deployment that would draw the country into the war involving Iran, while leaving room for a narrowly defined mission to protect Korean vessels, citizens and energy routes around the Strait of Hormuz. The remarks marked Lee’s clearest attempt yet to draw a line between joining a war and contributing to maritime security as Seoul faces sustained U.S. pressure over Hormuz. “There will be
by Kim Hee-su
The world of K-beauty, pulled into one Seoul office
SEOUL, September 17 (AJP) — K-beauty spent years carrying Seoul to bathroom shelves, beauty counters and social-media feeds around the world. Inside one skincare office in southern Seoul, that current is running the other way: the world has come to work. At Mary&May, a Korean skincare brand sold in more than 60 countries, employees from 15 nationalities sit inside the machinery of K-beauty's global expansion — choosing products, creators, words and images for markets thousan
Trump-Xi chip bargaining puts Korean memory makers on alert
SEOUL, September 18 (AJP) -From tariffs and rare earths to Iran and artificial intelligence, the U.S.-China summit on Sept. 24 has a crowded agenda. For South Korean chipmakers, the business issue to watch would be whether semiconductors become bargaining currency in a broader trade deal between the world's two largest economies. Chinese President Xi Jinping is said to be assembling an unusually large business delegation, possibly to match the high-profile entourage U.S. President Donald T
Korean battery makers under Trump whims – from EV retreat to datacenters
SEOUL, September 17 (AJP) - U.S. President Donald Trump's retreat from Biden-era electric-vehicle policies has upended the American growth plans of South Korean battery makers, leaving factories built for an EV boom idled, scaled back or searching for a new purpose. Now, some are finding one in the power-hungry data-center boom. Canceled U.S. EV and battery projects between January 2025 and August this year had promised about 27,000 jobs, according to a Reuters analysis of Atlas Public Poli
Korea's Lee rules out Gulf combat role, reelection bid
BOJ rate increase fails to aid FX but sets a common path for BOK
