Latest
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K-pop's second act: Why groups no longer really disappear
SEOUL, July 22 (AJP) - When NewJeans released a surprise anniversary film at midnight on July 22, it did more than celebrate four years since the group's debut. The video reunited Minji, Hanni, Haerin and Hyein in official group content for the first time in one year and four months after a prolonged contract dispute that had brought the group's activities to a halt. A court sided with their agency, ADOR, in both an injunction and the main lawsuit over the validity of the
July 22, 2026
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North Korea's new DMZ roads seen as border-control project, not invasion route
SEOUL, July 22 (AJP) - North Korea's expanding network of tactical roads, fences and bridges along the Demilitarized Zone is aimed at turning the armistice line into a de facto state border and tightening domestic control rather than preparing for an invasion, North Korea experts said Wednesday. The construction reflects Pyongyang's shift away from decades of pursuing peaceful reunification toward treating South Korea as a permanently separate hostile state, they said. Sa
July 22, 2026
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Foreign investors' return lifts KOSPI ahead of key big tech earnings
SEOUL, July 22 (AJP) - Foreign investors extended their buying streak to a third consecutive session on Wednesday, helping lift the benchmark KOSPI higher despite caution among investors ahead of U.S. big tech earnings, which could determine whether the recent rally in artificial intelligence (AI)-related stocks can be sustained. The KOSPI rose 0.74 percent to close at 6,797.70 points after surging as much as 6 percent during the session, but gave up most of its gains in late tradin
July 22, 2026
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Lee to court AI giants before South America diplomacy on five-nation tour
SEOUL, July 22 (AJP) -South Korean President Lee Jae Myung will begin a five-nation overseas trip on Friday with meetings in Silicon Valley alongside the world's leading artificial intelligence executives before heading to South America for summit diplomacy aimed at expanding South Korea's economic and strategic partnerships with the Global South. The trip, running from July 24 to Aug. 3, will take Lee to San Francisco, Brazil, Chile, Argentina and Germany, the presidenti
July 22, 2026
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AMCHAM launches program connecting South Korean firms with US lawmakers
SEOUL, July 22 (AJP) - A new program launched by the American Chamber of Commerce in Korea (AMCHAM) will give South Korean businesses direct access to senior U.S. policymakers, the U.S. business lobby in Seoul said on Wednesday. According to AMCHAM, the program, called "K-Doorknock," made its debut with its annual visit to Washington, D.C., from July 13 to 16. A delegation from about a dozen companies led by AMCHAM chairman James Kim held more than 30 meetings with Whit
July 22, 2026
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Exclusive: Samsung brings ChatGPT Enterprise into prized chip business
SEOUL, July 22 (AJP) - Samsung Electronics is set to deploy ChatGPT Enterprise into its prized and heavily coveted semiconductor business by the end of July, signaling a strategic shift as artificial intelligence enters one of the company's most security-sensitive operations. The rollout marks a notable turn for Samsung's Device Solutions (DS) division, which oversees its semiconductor operations and has maintained some of the company's toughest restrictions on extern
July 22, 2026
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Hyundai Motor Q2 earnings seen down 17%, data due Thurs
SEOUL, July 22 (AJP) - Hyundai Motor is expected to post a double-digit decline in second-quarter operating profit, as weaker vehicle sales combine with continued U.S. tariff costs and rising material and warranty expenses to squeeze margins despite favorable currency effects and a richer hybrid mix. According to consensus estimates compiled by FnGuide, the automaker’s operating profit is forecast at 2.99 trillion won ($2.03 billion), down about 17 percent from 3.60 trilli
July 22, 2026
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Seoul mayor fined 10 million won for accepting illegal political funds
SEOUL, July 22 (AJP) - Seoul Mayor Oh Se-hoon was fined 10 million South Korean won (US$7,200) on Wednesday after being found guilty of accepting illegal political support by having opinion polls conducted ahead of the 2021 mayoral by-election. The ruling by the Seoul Central District Court came after Oh was indicted in December last year on charges of receiving about a dozen opinion polls from self-proclaimed political broker Myung Tae-kyun ahead of the April 7, 2021 election and h
July 22, 2026
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Incheon Airport to open departure gates early during summer peak
SEOUL, July 22 (AJP) - South Korea will open some departure gates at Incheon International Airport earlier and increase immigration screening staff during the peak summer travel season, the Ministry of Justice said Wednesday. The special immigration measures will be in place from Thursday through Aug. 8, as the country enters one of the busiest periods for overseas travel. At Terminal 1, departure gate No. 2 will open at 5:30 a.m., while departure gate No. 4 will open at 6 a.m. A
July 22, 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 fro
July 22, 2026