CJ ENM, Warner Bros. Discovery join hands for K-content production SEOUL, October 16 (AJP) - South Korea's CJ ENM and Warner Bros. Discovery announced a strategic partnership aimed at strengthening the global presence of Korean entertainment, Thursday, underscoring the growing influence of K-content on international audiences. Under the agreement, the two companies will jointly plan and produce original Korean programming while expanding distribution through Warner Bros. Discovery’s global platforms. The collaboration includes the la October 16, 2025

SK Enmove forms joint venture in India for lubricant business SEOUL, October 16 (AJP) - South Korea’s SK Enmove has joined hands with India’s Gabriel India Limited to form a joint venture to expand its lubricant business in India. The agreement, signed Sept. 15 at SK’s Seorin headquarters in central Seoul, establishes SK Enmove Gabriel India, with SK Enmove holding a 51 percent stake and Gabriel India owning the remaining 49 percent, according to SK Enmove, Thursday. The venture plans to introduce a full range of produ October 16, 2025

Hanwha Aerospace on a roll on soaring global defense spending Editor's Note: This article is the 39th installment in our series on Asia's top 100 companies, exploring the strategies, challenges, and innovations driving the region's most influential corporations. SEOUL, October 16 (AJP) - Since Russia's invasion of Ukraine in February 2022, global defense spending has soared. Europe's rush to rearm has opened new markets for Asian manufacturers, pushing South Korea into the front line of the world's fast-growing arms tra October 16, 2025

Asian shares lifted by dovish Powell comments SEOUL, October 15 (AJP) - Asian stocks finished broadly higher on Wednesday after dovish remarks from U.S. Federal Reserve Chair Jerome Powell raised hopes for additional monetary easing. The KOSPI jumped 2.68 percent to close at 3,567.28, while the secondary Kosdaq added 2 percent to 864.72. Semiconductor shares extended their rally, powering the broader market. Samsung Electronics surged 3.71 percent to a new high of 95,000 won ($66.83), and SK hynix climbed 2.31 percent to 4 October 15, 2025

AI boom gushes down to midstream, buoying Asian fab operators SEOUL, October 15 (AJP) - Investors are closely watching third-quarter earnings from Taiwan’s foundry leader TSMC and South Korea’s AI memory powerhouse SK hynix to gauge the depth of surging demand for artificial intelligence chips—especially after stronger-than-expected results from Samsung Electronics. Samsung Electronics on Tuesday reported record quarterly revenue of 86 trillion won (approximately $62.4 billion) and an operating profit of 12.1 trillion won ( October 15, 2025

Foreign investors turn heavy buyers of Korean stocks and bonds in September SEOUL, October 15 (AJP) - Foreign investors became net buyers of more than US$9 billion worth of Korean stocks and bonds in September, marking a sharp turnaround from a $600 million net outflow in August and signaling a recovery in confidence toward the Korean capital market, the central bank said Wednesday. According to data from the Bank of Korea, net foreign inflows into Korean securities reached $9.12 billion last month — $4.34 billion in equities and $4.48 billion in October 15, 2025

MASGA adrift in US-China crossfire, Hanwha left to wait out the storm SEOUL, October 15 (AJP) - The “Make America Shipbuilding Great Again (MASGA)” slogan—emblazoned on caps during a high-profile summit between South Korean and U.S. leaders in Washington last summer and central to a bilateral trade deal tied to a $350 billion investment package—appears to be adrift amid stalled negotiations and intensifying U.S.-China trade frictions that have now reached the seas. China's Ministry of Commerce on Tuesday invoked its anti-f October 15, 2025

Hanwha Aerospace secures $105 million modular charge contract with Sweden SEOUL, October 15 (AJP) - South Korea's Hanwha Aerospace has clinched a 150 billion won (around $105 million) deal to supply modular charge systems to Sweden, marking its second export agreement with the Nordic nation as global demand for artillery ammunition surges. The defense contractor announced on Wednesday its signing of a three-year framework agreement and initial contract with Sweden's Defense Materiel Administration (FMV) at the Association of the United States Army October 15, 2025

Korea's FDI dips 18% as of Q3 2025 amid weak M&A and currency SEOUL, October 15 (AJP) - Foreign direct investment (FDI) in South Korea fell 18 percent in the first nine months of 2025 from a year earlier, hit by sluggish merger and acquisition (M&A) activity, political uncertainty, and the Korean won’s steep depreciation against the U.S. dollar, the Ministry of Trade, Industry and Energy said Tuesday. Cumulative FDI pledges as of the third quarter stood at $20.65 billion, down from $25.18 billion a year earlier. Actual arrivals al October 15, 2025

Asian markets open mixed amid renewed tariff disputes between US and China SEOUL, October 15 (AJP) - Asian stock markets opened mixed on Wednesday, reflecting varied investor sentiment across the region. In Seoul, the benchmark KOSPI rose 39 points at around 3,601 in early trading, while the junior Kosdaq gained 5.2 points to open at 853.2. Japanese shares climbed even higher, with the Nikkei 225 jumping 599.4 points to 47,446.7, buoyed by strong buying in technology and manufacturing stocks. Not all Asian bourses joined the rally though. In China, t October 15, 2025