AJP Watch
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After BTS comeback year, what's next for K-pop?
SEOUL, July 29 (AJP) - K-pop continues to debut new groups, dominate global streaming platforms and fill concert halls from Los Angeles to Bangkok. The industry's talent pipeline remains as prolific as ever, producing acts not only in South Korea but increasingly through overseas partnerships and local adaptations. Yet beneath the steady flow of new debuts lies a quieter reckoning. While visibility has never been broader, far fewer acts are reaching the commercial scale needed to generate t
July 29, 2026
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Why South Korean women are drinking more while men cut back
SEOUL, July 28 (AJP) — Grabbing a beer after work, unwinding with a glass of wine while watching Netflix or sharing a highball with friends has become a familiar scene in South Korean dramas. Increasingly, it is reflecting real life. Every evening, Kim Ji-hyun, a 45-year-old office worker in Ilsan, pours herself a glass of wine or mixes a highball before settling in with Netflix. Her husband sometimes joins her. "It's not that I drink because of stress," she said. "It
July 28, 2026
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Korea's middle-aged dads find an unlikely superhero in 'Agent Kim'
SEOUL, July 27 (AJP) - As South Korean companies quietly push employees toward early retirement, millions of middle-aged office workers have found an unlikely superhero in a timid bank manager who secretly used to be one of the country's deadliest intelligence operatives. The latest hit K-drama "Agent Kim Reactivated," known in Korean as Kim Bu-jang, wrapped up its 10-episode run Sunday after becoming one of the year's biggest television successes. But its strongest following
July 27, 2026
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Love, legacy and the price of a chaebol divorce
SEOUL, July 26 (AJP) -There is no shortage of Korean dramas built around chaebol heirs falling in love against the odds. Real life has produced stories just as compelling — except that the endings are often written not by scriptwriters but by judges. Record 944 billion won ($680 million) divorce award involving SK Group Chairman Chey Tae-won and former wife Roh Soh-yeong last Friday has added another chapter to the small club of Korea's most consequential corporate breakups, where fa
July 26, 2026
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Navy tests humanoid robot at ship's wheel in first crew experiment
SEOUL, July 24 (AJP) - South Korea’s Navy has tested a humanoid robot as a ship crew member for the first time, putting the machine at the wheel inside a bridge simulator as part of efforts to reduce sailors’ workload and prepare for a shrinking pool of military personnel. The Navy said Friday that the experiment was conducted Wednesday at the Naval Education and Training Command’s ship-handling training facility in Changwon, South Gyeongsang Province, in cooperation with the
July 24, 2026
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Samsung's 8-year-old foldables evolve for every need
SEOUL, July 23 (AJP) - Foldables in their eighth generation have come of age, arriving in different shapes and forms tailored to different user needs with the artificial intelligence at the center of the experience, according to Samsung Electronics, the pioneer of foldable smartphones. At a media briefing held in central Seoul on Thursday, a day after Galaxy Unpacked in London, executives from the company's Mobile eXperience (MX) division walked journalists through the newly unveiled Galaxy
July 23, 2026
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Busan fever sweeps Asia as Taiwanese lead new tourism boom
SEOUL, July 22 (AJP) - Busan has emerged as one of Asia’s hottest urban escapes, drawing travelers with its beaches, seafood, cinematic coastal scenery and the hometown appeal of BTS members Jimin and Jungkook. Chinese can now be heard across the southern port city, but increasingly it is not the Mandarin typically associated with mainland visitors. Taiwanese travelers have become one of Busan’s largest and fastest-growing visitor groups, helping transform the city from a secondary
July 22, 2026
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Lee revives Korea's unfinished abortion debate
SEOUL, July 21 (AJP) - For seven years, South Korea's abortion debate has remained trapped between a Constitutional Court ruling that struck down the country's abortion ban and a legal vacuum that has left women navigating an unregulated market for medication. President Lee Jae Myung has now thrust the issue back onto the government's agenda by questioning why women seeking to terminate pregnancies are still being driven toward illicit online sellers for a medicine that is legally p
July 21, 2026
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Bio, fashion IPOs seek to inject life into subdued KOSDAQ
SEOUL, July 20 (AJP) — South Korea's KOSDAQ, which turned 30 this month but has fallen 14 percent this year while the KOSPI has surged more than 60 percent, will look to a handful of biotechnology and fashion IPOs this week to revive its subdued listing market. The listings come as the KOSDAQ's fundraising market remains sluggish. Only 25 companies debuted on the exchange in the first half, down from 37 a year earlier, while total IPO proceeds fell to 740 billion won ($534 million
July 20, 2026
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Rate gap with US narrows to lowest level as BOK signals more hikes
SEOUL, July 16 (AJP) - The gap between South Korea and U.S. interest rates narrowed to 1 percentage point, the smallest since February 2023, after the Bank of Korea (BOK) on Thursday raised its benchmark rate by 0.25 percentage point to 2.75 percent. The central bank also indicated that further rate hikes may be needed to control inflation and manage financial risks. The rate gap could narrow further if the BOK continues tightening while the Federal Reserve holds rates steady, although its gove
July 16, 2026