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South Korea to send letter to UN over DMZ landmine blast SEOUL, October 22 (AJP) - South Korea is set to send a letter to the United Nations Security Council (UNSC), urging North Korea to take responsibility for last month's landmine blast in the Demilitarized Zone (DMZ) that injured three South Korean soldiers and to take appropriate action.
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UPDATE: Bank of Korea stands pat, bonds rally on unanimous pause SEOUL, October 22 (AJP) - The Bank of Korea (BOK) on Thursday kept its key rate steady at 3.00 percent to assess the effects of a half-percentage-point increase across its last two summer meetings.
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Loudspeakers to be 'on standby,' North Korean leader's sister says SEOUL, October 22 (AJP) - North Korea would place loudspeakers along the border with South Korea on standby within days, state media reported on Thursday.
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Yonsei University data breach affects over 10,000 people
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Foreign arrivals near 2025 full-year total by September
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Busan shark returns to canal hours after being guided out SEOUL, October 22 (AJP) - A 3-meter shark that spent more than a month trapped in an artificial canal at Busan's North Port returned behind a containment barrier Thursday, hours after authorities had guided it toward open water. -
Seoul's soaring property tax bills overlook graying homeowners SEOUL, October 21 (AJP) - Seoul’s property tax bills have shot up alongside home values, squeezing graying homeowners with little or no income to pay levies on gains they have yet to realize. -
Korea stands to reap the rewards of breeding robot dogs SEOUL, October 21 (AJP) - Humanoids steal the show at China's robot races, but it's the four-legged machines that do the actual work. South Korea is among the few countries outside China that can breed them. -
Brunson urges fortified supply chain to sustain Korea-U.S. military edge SEOUL, October 21 (AJP) -U.S. Forces Korea Commander Gen. Xavier Brunson called Wednesday for a “fortified allied supply chain” combining American military capabilities with South Korean manufacturing strength to preserve the alliance’s regional advantage amid mounting security threats.
ASIA Insight>
Korea and Taiwan reap chip bounty, but currencies split the harvest SEOUL, October 21 (AJP) — Chip powerhouses South Korea and Taiwan have been enjoying a bumper harvest, but their stock and currency markets have shared unevenly in the bounty in the second half. Samsung Electronics and SK hynix, which powered a stock-buying frenzy that nearly doubled the KOSPI earlier this year, have surrendered much of their gains. The Korean benchmark’s remaining advance is now roughly half Taiwan’s 60-percent surge. In the currency market, however, Korea h by Kim Yeon-jae
In Mongolia, school can mean leaving home at six: UNICEF representative
SEOUL, October 20 (AJP) - Few children like going to school, but for a six-year-old girl in rural Mongolia the reason can be more straightforward as going to one costs her time with her family for much of the year. For rural herders, sending children to school often means sending them away. More than 36,000 children in Mongolia live apart from their families for up to nine months of the school year, according to UNICEF. "The price they are paying for good education is a very high pric
AJP Focus>
BOK chief's inflation outlook hints rates unlikely to come down before '28 SEOUL, October 22 (AJP) - Bank of Korea Governor Shin Hyun-song on Thursday credited the board’s two successive summer rate hikes with helping cool inflation and steady currency and debt markets while signaling that rates won't likely come down before 2028. Speaking after the monetary policy board unanimously held the base rate at 3.00 percent, Shin described the pause as the payoff from acting early. The BOK raised rates by a quarter percentage point in both July and August after ho
Korea's rice farmers struggle to keep a staple—and a livelihood—alive
SEOUL, October 20 (AJP) - Rice farming is a labor as old as Korea’s 5,000-year history, its harvest a staple of daily meals and an essential ingredient in the country’s cuisine. Yet the farmers sustaining that legacy face a difficult squeeze: aging hands, costly machinery and a changing appetite for the grain they grow. In Icheon, a city in Gyeonggi Province famed for its premium rice, autumn brings both the harvest and a festival celebrating it. Beyond the festival grounds, the wo
