Korea's National Dance Company "Double Bill" blends the worlds of discipline and freedom

SEOUL, November 10 (AJP) - What looks like total chaos — fourteen dancers leaping, crawling, and tossing one another in midair amid tightly arranged metal tables — is, in fact, a work of meticulous control. A single misstep could mean a ruined sequence or even a serious injury. Discipline is the axis of American choreographer William Forsythe’s “One Flat Thing, Reproduced.” The tables impose strict rules: confined space, exact timing, predetermined pa

November 10, 2025

Rose's nod by Grammys fails to persuade investors of her Korean label YG

SEOUL, November 10 (AJP) - BLACKPINK member Rose is leading a wave of female K-pop artists heading into the 2026 Grammy Awards — an unprecedented moment for Korean pop music — but the historic nominations has so far failed to lift investor sentiment toward her label. Shares of YG Entertainment tumbled more than 7 percent to 66,650 won ($46) on Monday, the first trading day after the Recording Academy shortlisted Rose’s “APT.” featuring Bruno Mars for Re

November 10, 2025

Asian stocks rise across the board; KOSPI rebounds sharply

SEOUL, November 10 (AJP) - Asian stocks rose across the board on Monday, relieved by the developments in the United States as Washington appeared to move closer to ending the longest-ever federal government shutdown. South Korea’s benchmark KOSPI led regional gains, climbing 3.02 percent to 4,073.24 as the market warmed up the government’s plan to lower the separate tax rate on dividend income from 35 percent to 25 percent. Institutional investors drove the rebound,

November 10, 2025

Korean tofu major ventures into Europe, riding on U.S. success and K-food wave

SEOUL, November 10 (AJP) - After a decade of pushing its tofu onto American dinner tables, South Korea's leading tofu maker Pulmuone is preparing a full-scale entry into Europe, buoyed by the global rise of K-food and growing demand for plant-based diets across the region. The company said Monday it will establish a European subsidiary in Amsterdam as early as the end of this year and begin sales in France, Germany and Spain, marking its first major expansion into the bloc. &

November 10, 2025

Underperformance of KRW exposes fragility of economy overly exposed to USD and chips

SEOUL, November 10 (AJP) - South Koreans involved in trade settlements or overseas spending may need to brace for the U.S. dollar staying above 1,400 won for an extended period, as structural vulnerabilities in the Korean economy and a strong preference for dollar-denominated assets continue to undermine the local currency. The dollar eased to 1,451.50 won on Monday after briefly topping 1,460 late last week — its highest since last April when the country grappled with the

November 10, 2025

China suspends sanctions on Hanwha Ocean's US subsidiaries

SEOUL, November 10 (AJP) - China has suspended sanctions on South Korean shipbuilder Hanwha Ocean for one year, Beijing's Ministry of Commerce said on Monday. The ministry said it decided to halt retaliatory measures against the shipbuilder's five U.S. subsidiaries, after the U.S. suspended its so-called Section 301 measures, which include punitive tariffs on Chinese maritime logistics and other goods. Earlier last month, China imposed sanctions on them to prohibit them f

November 10, 2025

HD Hyundai Heavy wins order for two mega container ships

SEOUL, November 10 (AJP) - HD Hyundai Heavy Industries has secured an order worth 435.3 billion won for two large container vessels, strengthening its presence in the global market. The company said on Monday that it has recently signed a contract with Thailand's Regional Container Lines to build the vessels at its shipyard in Ulsan, with deliveries scheduled in phases through October 2028. The mega container ships, with a cargo capacity of 13,800 TEU (twenty-foot equivalent

November 10, 2025

Korea's record Q3 exports expose over-reliance on chip exports

SEOUL, November 10 (AJP) -South Korea’s exports hit an all-time high in the third quarter, while trade reliance on the country’s top 10 exporters also reached a record level, underscoring the economy’s growing exposure to the volatile semiconductor sector as chips accounted for one quarter of outbound shipments, government data showed Monday. According to the Ministry of Data and Statistics, exports totaled $185 billion in the July–September per

November 10, 2025

KOSPI bounces back above 4,000 to lead Asian markets early Monday

SEOUL, November 10 (AJP) - South Korea’s stock market rebounded sharply on Monday as foreign investors returned on signs of a breakthrough in the U.S. government shutdown. KOSPI jumped 2.8 percent, reclaiming the 4,000 mark, while the tech-heavy KOSDAQ edged up a mere 0.5 percent to hover below 900. The early rally was driven by strong buying from foreign and institutional investors. Foreigners — who dumped more than 7 trillion won ($4.8 billion) worth of Korean share

November 10, 2025

Korean won recovers from 7-mo lows amid KOSPI rebound

SEOUL, November 10 (AJP) - The U.S. dollar has retreated below 1,460 won as the Korean currency benefited from the global softening in the greenback and renewed foreign stock buying. The dollar fell 6.70 won to 1,453.30 in Seoul Monday morning after shooting up to 1,461.5 last Friday - the highest since 1,472 on April 9 amid presidential impeachment and U.S. President Donald Trump's tariff barrage. Foreign investors sold 7.26 trillion won ($5.4 billion) in Kore

November 10, 2025