Toss CEO floats April Fools’ pledge to sell his home to cover rent for 100 staff Lee Seung-geon, CEO of Viva Republica, operator of the finance app Toss, said he plans to sell the home he lives in under his own name and use the profit to cover the full rent and loan interest for 100 Toss employees for life. With Lee known for making bold April Fools’ Day pledges in the past, attention is focused on whether he will follow through this time. According to the industry on Tuesday, Lee wrote on an internal messenger that he would "sell the home I currently live in that I own in my personal name, and with the capital gain created through that, I want to support the full rent and interest for 100 Toss team members for life." Lee said he has long seen it as a serious problem that some people make large profits from real estate while others struggle to get by because of housing costs. He said employees who pay rent or loan interest can enter their personal information by 9 p.m. Tuesday, and winners will be selected by lottery. He added that starting this month, selected employees who submit a copy of their lease contract or loan agreement would receive full support for rent or loan interest until they own a home. Based on past cases, however, it is considered likely that the pledge may not be carried out as stated. Lee has made eye-catching April Fools’ Day promises to employees before, but some were later reduced in scale or changed in how they were implemented. In 2022, he said he would give Teslas to 20 employees, but it was changed to a plan to lend the cars to 10 employees for free for one year. Last year, he handed out hundreds of invitations for a trip to Okinawa, Japan, but support ultimately went to 100 people. A Toss official said Lee posts messages around this time each year, but it is not clear whether this is an April Fools’ Day event. The official added that, based on past examples, Lee has often used April Fools’ Day to express gratitude to colleagues.* This article has been translated by AI. 2026-04-01 16:03:00

Kookmin University researchers to develop carbon absorption ecosystem restoration technology SEOUL, April 01 (AJP) - Researchers at Kookmin University have launched a new project to develop ecosystem restoration and management technologies designed to mitigate climate change and increase carbon sinks, the university said Monday. The new project is part of South Korea's government initiative designed to strengthen the country's natural environment restoration capability. The research team, led by Professor Im Chol-hee and Professor Lee Chang-bae from the Department of Forest Environmental Systems, was selected for a new initiative under the South Korean Ministry of Environment’s environmental technology development program. KMU will specifically focus on the carbon sink enhancement category of the project. Following recent amendments to the Natural Environment Conservation Act, South Korea has introduced new systems for the natural environment restoration industry. The government plans to invest in the development of restoration technologies over the next five years to help the industry expand and stabilize. KMU will receive approximately 3.5 billion won in funding over the five-year period. The research team aims to integrate artificial intelligence, drones, and advanced sensing technologies with soil and biotechnology. The project will move through several stages, from initial technical development to practical on-site demonstrations. The Korea Adaptation Center for Climate Change, various universities, registered restoration companies, and AI specialists will collaborate on the study to ensure the practical application of the new technologies. "It is highly significant that we are developing ecosystem restoration technology centered on carbon sinks, which is one of our university's primary strengths," said Professor Im Chol-hee. "We intend to take the lead in developing world-class technology by cooperating with both domestic industries and leading global institutions." The initiative aligns with the university's KMU VISION 2035: EDGE strategy, which focuses on environmental, social, and governance (ESG) values. Kookmin University is currently home to approximately 23,000 students across its undergraduate and graduate programs (Source: Kookmin University official website). 2026-04-01 15:57:12

SK Biopharmaceuticals Files FDA Application for Cenobamate Oral Suspension for Epilepsy SK Biopharmaceuticals said April 1 it has submitted a new drug application to the U.S. Food and Drug Administration for an oral suspension formulation of its epilepsy drug cenobamate. The filing seeks approval of an additional formulation following the existing tablet version, for adults with partial-onset seizures. The company said the liquid oral suspension is expected to improve convenience for patients who have difficulty swallowing tablets and allow more flexible dosing depending on a patient’s condition and treatment setting. SK Biopharmaceuticals said it has been expanding the drug’s use in clinical practice and is also conducting pediatric clinical development of cenobamate. Based on the adult NDA and pediatric trial results, the company said it plans to gradually expand the eligible age group to include pediatric and adolescent patients. At the 2025 annual meeting of the American Epilepsy Society, the company presented poster data from a pharmacokinetic study comparing the tablet and oral suspension formulations. The two formulations showed generally similar absorption and drug exposure, indicating pharmacokinetic equivalence. Lee Dong-hoon, CEO of SK Biopharmaceuticals, said the oral suspension reflects the treatment needs of patients who struggle to take tablets. He said the company will continue to broaden patient-centered treatment options and address unmet medical needs across different patient groups to expand its prescribing base. * This article has been translated by AI. 2026-04-01 15:15:00

Pearl Abyss' latest RPG sells 4 million copies worldwide in less than two weeks SEOUL, April 1 (AJP) - Pearl Abyss' latest role-playing video game "Crimson Desert" has sold a cumulative 4 million copies worldwide, the game developer said on Wednesday. Over 2 million copies of the fantasy adventure game were sold immediately upon its release on March 19, surpassing 3 million just a few days later and reaching 4 million in less than two weeks. The game's success reflects its widespread popularity, achieving an unprecedented milestone for a South Korean game in the global console market. As a testament to its global appeal, more than half of its reviews on Steam, the world’s largest PC gaming platform, were written in English. As of 2024, North America and Europe are estimated to account for 74 percent of the global console market, which is valued at approximately US$53.7 billion. Crimson Desert is a single-player, open-world action-adventure RPG set on the fictional continent of Pywel, following the epic journey of a mercenary leader and his companions. The game is available on PlayStation 5, Xbox Series consoles and other platforms. 2026-04-01 15:07:17

‘K-Pop Demon Hunters’ Team Returns to Seoul After Winning Two Oscars K-pop’s “K-hunters” returned home with Oscar trophies, as a small story rooted in a Korean diaspora identity and a sincere focus on Korean culture made history for K-content. On the afternoon of April 1, a press conference marking the Academy Awards win for Netflix’s animated film “K-Pop Demon Hunters” was held at CGV Yongsan I’Park Mall in Seoul’s Yongsan district. Directors Maggie Kang and Chris Appelhans attended with composer EJAE (Lee Jae) and the producing team IDO (Lee Yoo-han, Kwak Jung-gyu and Nam Hee-dong). Since its release last June, “K-Pop Demon Hunters” has swept major awards, winning the 83rd Golden Globe for animated film and original song and the 68th Grammy Award for OST. At the 98th Academy Awards, it won best animated feature and best original song. Kang said the project began with a desire to see Korean culture reflected in animation. “When I was young, the animations I watched were like ‘Mulan,’ seen through Chinese culture, or Japanese animation. I had never seen a work that contained Korean culture,” she said. “I wanted to give that kind of film to Korea. I needed it, but I felt all Koreans needed it. We love animation, but we felt we didn’t have our own project, so we wanted to make one.” She also spoke about misconceptions surrounding Koreans raised abroad. “I thought there were misunderstandings about people who are called ‘gyopo,’” Kang said. “There are many cases — people born in Korea and those who weren’t — but sometimes gyopo think, ‘I’m not fully Korean.’” She added, “EJAE and I have worked in entertainment and reached global markets. As people who live in both cultures, I thought we could serve as a real bridge. I wanted to represent people like us — that even if you weren’t born and raised in Korea, you are part of Korean culture, and a different upbringing doesn’t diminish being Korean.” EJAE said she grew up split between Korea and the United States and remembered being mocked in the U.S. for loving K-pop. “I really liked K-pop. I liked g.o.d and H.O.T., but in the U.S. I was teased,” she said. “I came to Korea, lived as a trainee and worked on K-pop music, but I never imagined it would spread worldwide.” She said the Oscars stage felt like a reversal of that experience. “I used to be teased as a kid, but when I sang K-pop on the Oscars stage and saw the directors, actors and staff cheering, the lyric ‘unbreakable forever’ (from ‘Golden’) hit me and I cried,” she said. “I felt so proud.” The team also shared behind-the-scenes details from the Oscars opening performance, which featured dancers dressed as grim reapers wearing traditional gat hats and performers in elegant hanbok. The sequence began with “Hunters Mantra,” led by two singers performing pansori in Korean, and transitioned into Huntrix’s “Golden.” EJAE said she knew the stage would include Korean traditional music and pansori before “Golden,” but did not see the full “Hunters Mantra” performance until after the event. “After everything ended, I watched it and cried a lot,” she said. “Ray Ami and Audrey — they grew up in the U.S. and didn’t know much about Korean culture. I thought, ‘Finally, we can do our country’s pansori on a stage this big,’ and I felt proud as a Korean. It was satisfying and moving.” She added that she was too nervous to look into the audience during the performance, but later saw video of Leonardo DiCaprio and Emma Stone enjoying the stage while holding light sticks. “I was really surprised. I didn’t expect that,” she said. “I thought, ‘This is the power of K.’” The team said they decided who would speak onstage by playing rock-paper-scissors. “We decide everything fairly with rock-paper-scissors. It’s completely Korean,” Kwak said. “Going to the Golden Globes and giving the Oscars acceptance speech were decided that way, so Lee Yoo-han went onstage.” Lee Yoo-han said he regretted not being able to say everything because of time limits. “I wanted to say to everyone’s families, to The Black Label producers, and to our members, ‘You worked hard, congratulations,’” he said. “It was a short speech, and I was disappointed I couldn’t say it onstage. But it was an honor, and I really enjoyed it.” Nam said there were no major points left unsaid. “We all discussed what to say, and there’s nothing we didn’t say,” he said. “I enjoyed everything from behind — watching the actors from the stage, and everything unexpected. It was all enjoyable and an honor.” A possible sequel was also discussed. “I still want to keep it secret,” Kang said. “I want to show it without a single spoiler. We have the big idea, but we don’t know the details yet. Like the first film, Chris and I will make the movie we want to see. It will be bigger than the first, with more events.” Appelhans said the relationship between the film and its fans shaped how the team thinks about a second installment. “Our relationship with the fans is special,” he said. “I think the fans found our film, discovered it and introduced it to the world. They feel like family who have been with us from the beginning.” “If we make a second film, we want to bring what we had in the first,” he said. “That doesn’t mean repetition. It means surprising fans, overturning expectations and expanding the limits. Under all of that, I think there has to be ‘Koreanness’ — whether it’s the story, the culture or the mythic elements. Based on that, we want to break new rules and present a new story.” Appelhans said he has come to understand Korean life through his family. “I’ve lived as part of my family, my wife’s family, for 20 years,” he said. “I came to know Korean life by understanding my wife’s life — not by studying or observing, but by becoming part of it. I’ve been surprised watching how Koreans express love and endure pain. I think I’ve lived more than half my life with Korean ways of expression, and that’s how I learned and came to know ‘Koreanness.’” On the scale of a sequel, Appelhans said Netflix has provided strong support and is enthusiastic about the next project, while stressing that story comes first. “As film directors, we feel responsible for how we use the budget we’re given,” he said. “When we write, build the world and design characters, we work with the mindset of delivering the coolest spectacle. If you think of the budget as a ‘box,’ a bigger box can mean something. But what matters most is the story inside it. That foundation has to come first for the spectacle to work.” “K-Pop Demon Hunters” is an action-fantasy animated film about K-pop superstars Rumi, Mira and Joy, who become hidden heroes protecting the world behind their glamorous stage lives. Released last June, it ranked No. 1 in all-time Netflix film viewing hours and recorded 325.1 million views over 91 days after its release. * This article has been translated by AI. 2026-04-01 15:06:31

Kim Hyo-joo Chases Third Straight LPGA Win at Aramco Championship 최근 절정의 샷감을 이어가고 있는 김효주가 3주 연속 미국여자프로골프(LPGA) 투어 우승에 도전한다. 김효주는 오는 3일(이하 한국시간)부터 6일까지 나흘간 미국 네바다주 라스베이거스의 섀도 크리크 골프코스(파72)에서 열리는 LPGA 투어 아람코 챔피언십(총상금 400만 달러)에 출전한다. Kim has been in top form. At the Fortinet Founders Cup, held March 20-23, she finished at 16-under 272 to edge Nelly Korda of the United States by one stroke for her eighth career LPGA title. She followed that by winning the Ford Championship, played March 27-30, posting 28-under 260 and beating Korda by two shots to claim her second straight victory. With her first multiwin season, Kim now has nine LPGA victories, moving into a tie for sixth among South Korean players. She also climbed to No. 3 in the women’s world ranking released March 31, up from No. 4 the previous week. She leads the CME Globe points race (1,268 points), season earnings ($939,640) and player of the year points (69). After winning the Ford Championship, Kim said, “My goal this season was two wins, and I already achieved it. I think I need to set a new goal.” Her next target is a third straight win. If she captures the Aramco Championship, it would be the first time in 13 years that a South Korean player has won three consecutive LPGA events, since Park In-bee did it in 2013. Park won the Wegmans Championship, Walmart NW Arkansas Championship and the U.S. Women’s Open in succession that June. A victory in Las Vegas would also give Kim three wins in a single season, a mark last reached by a South Korean player when Ko Jin-young won five times in 2021. Across the LPGA Tour, it would be the first three-tournament winning streak in two years, since Korda did it in March and April 2024. It would also make Kim the sixth South Korean player to reach 10 LPGA wins, joining Pak Se-ri (25), Park In-bee (21), Ko (15), Kim Sei-young (13) and Shin Ji-yai (11). Kim’s world ranking points total is 6.71, trailing No. 1 Jeeno Thitikul of Thailand (10.81) and No. 2 Korda (8.44). The rankings are based on results over the past two years. The field includes Thitikul and Korda, along with Charley Hull of Britain, who has slipped to No. 4, No. 5 Minjee Lee of Australia, No. 6 Miyu Yamashita of Japan, No. 7 Lydia Ko of New Zealand, No. 8 Hannah Green of Australia and No. 9 Lottie Woad of England. South Koreans in the field include world No. 10 Kim Sei-young, No. 13 Yoo Hae-ran, No. 15 Choi Hye-jin, this season’s Blue Bay LPGA winner Lee Mi-hyang, plus Kim A-lim, Hwang Yu-min, Ko Jin-young, Lee So-mi, Im Jin-hee, Shin Ji-eun and Yoon Ina.* This article has been translated by AI. 2026-04-01 14:57:00

Korea, Indonesia elevate ties as Middle East shock drives energy cooperation SEOUL, April 1 (AJP) — South Korea and Indonesia elevated their relationship to a “special comprehensive strategic partnership” on Wednesday, as Middle East tensions disrupting energy markets pushed the two Asian economies to deepen cooperation on supply security and strategic industries. In their first summit in Seoul, President Lee Jae Myung and Indonesian President Prabowo Subianto framed the upgrade as a response to mounting global uncertainty, with both sides stressing the need for closer coordination on energy, supply chains and defense. Hosting Prabowo with full state honors, Lee called the bilateral relationship “a blessing” at a time of deepening instability worldwide. He said South Korea has long relied on Indonesia, a trusted supplier of liquefied natural gas, coal and other key resources, over the five decades since the two countries established diplomatic ties. Prabowo echoed that view, saying rising global uncertainty made the partnership even more important. He said that the two countries were well placed to complement each other as Pacific nations and trade-dependent economies. South Korea has strong industrial capabilities and advanced science and technology, while Indonesia has abundant resources and a large market, he pointed out. As middle powers, the two countries also share the importance of peace and stability, as well as the need for strong security and defense, he said. The two governments signed 16 memorandums of understanding to expand cooperation in areas including defense, energy, critical minerals and artificial intelligence. Ten of the agreements were signed in the presence of the two leaders, including plans to establish a high-level diplomatic dialogue channel and resume a joint economic committee that has been suspended since 2023. Other agreements covered critical minerals, digital development, AI-based primary healthcare, clean energy including renewables and nuclear power, and carbon capture and storage. The two sides also agreed to cooperate on maritime plant services, financial cooperation and intellectual property protection. Six additional MOUs were signed separately in areas such as environmental cooperation, forestry, wildfire management, development assistance and data collaboration. The summit underscored growing strategic alignment between the two economies as they seek to deepen cooperation in supply chains, investment and defense industries. South Korea has been a key partner in Indonesia’s industrial and infrastructure development, while Indonesia’s natural resources have become increasingly important for Korean manufacturers. Prabowo’s visit was marked by full state protocol, highlighting Seoul’s push to strengthen ties with Southeast Asia’s largest economy. A state luncheon followed, with Korean and Indonesian dishes prepared with halal-certified ingredients in consideration of Prabowo’s Muslim faith. After the luncheon, the leaders were scheduled to attend a cultural program featuring a taekwondo demonstration, reflecting Prabowo’s long-standing interest in martial arts as a former military officer and head of Indonesia’s pencak silat association. Lee was also expected to confer South Korea’s highest honor, the Mugunghwa Order of Merit, on Prabowo in recognition of his contribution to bilateral ties. Business leaders from major Korean conglomerates including SK Group, Hyundai Motor, Lotte Group and POSCO attended related events, signaling expectations for broader investment and industrial cooperation. Both governments see the upgraded partnership as a platform to expand collaboration not only in traditional sectors such as defense and infrastructure, but also in emerging areas including AI, shipbuilding, energy transition and cultural content. 2026-04-01 14:43:23

Toss Bank Confirms CEO Lee Eun-mi for Second Term Through March 2028 Toss Bank said Tuesday it approved the reappointment of CEO Lee Eun-mi as originally proposed, after holding its sixth annual shareholders meeting and a board meeting Monday at its headquarters on Teheran-ro in Seoul’s Gangnam district. Her term will run through March 31, 2028. Lee took office in March 2024 and has focused on strengthening the fundamentals so the startup bank can continue what it calls “sustainable innovation.” The bank said she has built a sustainable management base around four core pillars: growth, profitability, longevity and soundness. Toss Bank said it posted its first full-year profit in 2024, Lee’s first year in office. Last year, net profit rose 111.7% from a year earlier to 96.8 billion won. “The essence of a bank is trust with customers,” Lee said. She said she will further reinforce basics such as internal controls, system stability, and financial soundness and stability to build “an unshakable foundation of trust.” She added that the bank will use technological innovation to make finance more convenient and expand access so more customers can benefit from financial services.* This article has been translated by AI. 2026-04-01 14:42:00

Kia launches massive recruitment drive SEOUL, April 1 (AJP) - Kia will hire a large number of new employees in the first half of this year, a rare move at a time when many companies are tightening their belts amid a prolonged economic slowdown, exacerbated by the ongoing conflict in the Middle East. The automaker said on Wednesday that the recruitment drive, which will hire both entry-level and experienced workers as well as interns across some 34 fields within the company, aims to expand opportunities for young talent amid a tough job market, while also strengthening its competitiveness in new business areas. It will accept applications by mid-April for entry-level positions, while experienced workers will have a few more weeks to apply until late April. To encourage more job seekers to apply, Kia is also holding an on-campus recruitment campaign at roughly a dozen universities through next week, highlighting its 80-year history and future vision and providing career mentoring from alumni employees. "We hope all talented individuals who will lead Kia's next 80 years will apply," a Kia spokesman said. 2026-04-01 14:20:31

Samsung Biologics completes $353 mln Maryland, US plant acquisition SEOUL, April 01 (AJP) -Samsung Biologics, South Korea’s leading contract drug manufacturer, has completed its acquisition of a biopharmaceutical manufacturing facility in Rockville, Maryland, marking its first production base in the United States to better access the world’s largest drug market and mitigate tariff risks. The company said in a press release on Wednesday its wholly owned unit Samsung Biologics America acquired Human Genome Sciences from GSK for $353.1 million, including $280 million for the facility and equity and $73.1 million for inventories and raw materials. The Rockville site comprises two manufacturing plants with a combined 60,000-liter drug substance capacity, supporting both clinical and commercial biologics production. The addition lifts Samsung Biologics’ total global capacity to 845,000 liters. The deal comes as the company seeks to mitigate supply chain risks and expand its contract manufacturing presence beyond Korea, where all of its production facilities had previously been concentrated. Samsung Biologics said it will continue supplying products previously manufactured at the site to GSK while expanding contract manufacturing services. It also plans further investments to increase capacity and upgrade technologies at the facility. The acquisition secures more than 500 jobs at the site and strengthens the company’s ability to offer multi-site manufacturing options to global clients, particularly in North America. “This represents a meaningful step in expanding our U.S. manufacturing footprint,” CEO John Rim said, highlighting the role of the new facility in building a geographically diversified production network. “Today’s ribbon cutting is the realization of that meeting and our state’s momentum,” Maryland Gov. Wes Moore said. “South Korea’s largest biotech company is opening its first U.S. manufacturing facility here in Maryland.” The deal’s closure came three months after Samsung Biologics announced the acquisition on Dec. 22 last year, as part of efforts to mitigate risks stemming from U.S. tariff policies on biopharmaceuticals. As of 2:00 p.m. Wednesday, KOSPI-listed Samsung Biologics were 5 percent up at 1,580,000 won ($1,047). 2026-04-01 14:13:58