Latest
news highlight
KOSPI zooms to land on new high, unbothered by Gulf truce deadline
SEOUL, April 21 (AJP) — The KOSPI ended as a winner amid broadly positive Asian trade Tuesday, breaking post-war highs on a renewed chip rally ahead of SK hynix’s earnings report later this week. The benchmark KOSPI rose 2.7 percent to close at 6,388.47, a new record closing high, amid a tight tug-of-war between institutional buying and retail profit-taking. Foreign investors led the advance, purchasing a net 1.33 trillion won ($905 million), while institutions adde
April 21, 2026
-
Spring cleaning meets yellow dust SEOUL, April 21 (AJP) -Suspended high above the streets of Seoul, maintenance crews descend glass façades with ropes and squeegees, wiping away a season’s worth of dust and pollution. As fine particulate levels spike, building exteriors—windows, panels, and ledges—require frequent washing, turning the skyline into a vertical cleaning stage. April 21, 2026 -
TWICE's Sana shows off summer look ahead of season SEOUL, April 21 (AJP) - TWICE member Sana attended the fashion brand 'Polo Play Bag' pop-up store opening event at Lotte World Mall in Jamsil, Seoul, on Tuesday. She showcased a refreshing summer fashion look in a white dress with a sky blue cardigan worn as a shoulder shawl, accented with a cobalt blue bag. April 21, 2026 -
KOSPI hits new high amid hopes for US-Iran talks SEOUL, April 21 (AJP) - South Korea's stock market rebounded on Tuesday, setting a new record after about two months, amid hopes of looming talks between the United States and Iran. The country's benchmark KOSPI surged 2.72 percent to close at a record high of 6,388.47, breaking its previous closing record of 6,307.27 set on Feb. 26, just ahead of U.S.-led airstrikes on Iran that that pushed the already volatile Middle East into further turmoil. The junior KOSDAQ also edg April 21, 2026 -
Roller-coaster KOSPI turns into a playground for high-frequency traders SEOUL, April 21 (AJP) — South Korea’s stock market is back on a roller-coaster ride, with sharp swings raising concerns that high-frequency trading (HFT) and weak oversight are amplifying volatility and feeding unfair practices. The KOSPI rally, which had pushed past the 6,000 level, was abruptly halted by the late-February outbreak of war, sending the market into a steep downturn. The index has since rebounded and is again heading toward new highs, underscoring the in April 21, 2026 -
Ankara anchors S. Korean industrial future as Middle East war chokes global supply SEOUL, April 21 (AJP) - The assembly lines in South Korea's southern industrial city of Ulsan and the semiconductor hubs of Gyeonggi, south of Seoul, are facing a systemic threat as a full-scale conflict between Iran, the United States, and Israel has effectively paralyzed the primary energy lanes of the world since the end of February. With the Strait of Hormuz blocked and the flow of Middle Eastern crude to South Korea curtailed, the Embassy of Türkiye in the Republic o April 21, 2026 -
Korea-India summit pivots steel, shipbuilding toward new growth axis amid China pressure SEOUL, April 21 (AJP) - South Korea’s steel and shipbuilding industries, long squeezed by China’s dominance, are turning to India as a new anchor for growth, with Seoul and New Delhi moving to lock in deeper industrial cooperation at the highest level. During the first Korean presidential visit to India in nearly eight years, President Lee Jae Myung and Prime Minister Narendra Modi agreed to elevate bilateral ties into an industry-wide partnership built on joint ventures April 21, 2026 -
Hyundai Motor's Q1 earnings to reflect tariff and war costs SEOUL, April 21 (AJP) - Hyundai Motor is expected to post a sharp drop in first-quarter earnings, as rising tariff burdens, war-related disruptions and currency-driven costs squeeze margins despite relatively resilient global demand. According to data compiled by FnGuide, the automaker’s operating profit is forecast at 2.4 trillion to 2.6 trillion won, down 38 to 50 percent from a year earlier. The company is set to report results on Thursday. The downgrade reflects inte April 21, 2026 -
South Korea expresses regret over Japanese PM's offering to war shrine SEOUL, April 21 (AJP) - South Korea expressed "regret" on Tuesday after Japanese Prime Minister Sanae Takaichi sent a ritual offering to the controversial Yasukuni Shrine, which honors Japan's war dead but also enshrines convicted war criminals from World War II. "We express deep disappointment and regret that responsible leaders in Japan have repeatedly made offerings to or visited the shrine," the Ministry of Foreign Affairs said in a statement. The stat April 21, 2026 -
Samsung Display locks in Apple foldable edge over China SEOUL, April 21 (AJP) - South Korea’s premium OLED champion Samsung Display has reasserted itself as Apple Inc.’s primary iPhone panel supplier, staging a decisive comeback against Chinese rivals and tightening its grip on the high-end display market as Apple prepares to enter the foldable era. Samsung Display sharply expanded its share of Apple’s iPhone OLED supply chain in 2025, helped by production setbacks at China’s BOE and a reported three-year excl April 21, 2026
