Latest
-
Rides to see and feel Seoul by water and sky
SEOUL, May 19 (AJP) - The Han River has always cut Seoul in two. Rising from the Taebaek Mountains and emptying into the Yellow Sea, it served for millennia as Korea's commercial artery — grain barges, merchant boats, wartime supply lines threading through the heart of the peninsula. Then the expressways came, the subway came, and the river was quietly pensioned off into a parkland backdrop while the roads above filled up and stayed that way. Anyone who has sat on the O
May 19, 2026
-
Samsung Live: Govt to mediate if talks fail in settlement by 10 p.m.
SEOUL, May 19 (AJP) -The South Korean government is ready to put up its mediation version if Samsung Electronics Co. and its largest labor union fail to reach a wage agreement by 10 p.m. as it endeavors to stop a potentially disruptive strike at the world’s largest memory chipmaker planned for Thursday. "We will see if the management and union come to a settlement by around 10 p.m., and it will be decided whether an agreement is reached or whether a mediation is necessary
May 19, 2026
-
ASIA DEEP INSIGHT: The Curtain has risen on the great U.S.-China AI war
The U.S.-China summit held in Beijing in May 2026 appeared calm on the surface. President Donald Trump and President Xi Jinping projected an image of management rather than confrontation. In the aftermath of the meeting, both sides reiterated the familiar diplomatic line that “dialogue will continue,” and financial markets responded with a measure of cautious relief. Yet the true significance of this summit lay far beyond the choreography of diplomacy. What unfolded in
May 19, 2026
-
Digital hermitage exhibition opens at Seoul's Oil tank culture park
SEOUL, May 19 (AJP) - A digital exhibition of Russia's Hermitage Museum, considered one of the world's three greatest museums, is being held at the Oil Tank Culture Park in Sangam, Mapo-gu, Seoul. On Monday, May 18, diplomatic envoys from 31 countries, including Russia, visited the exhibition featuring majestic masterpieces created over centuries. Russian Ambassador to South Korea Georgy Zinoviev emphasized, "What I want to stress is that this project
May 19, 2026
-
Samsung strike threat highlights widening Korea-U.S. divide in AI-era pay
SEOUL, May 19 (AJP) - With memory giants Samsung Electronics and SK Hynix posting operating margins above 70 percent and quarterly chip profits of $25 billion to $35 billion, South Korea's AI-boom windfall has laid bare a compensation system still tethered to the industrial era — and the workers who built it want their share. Marathon government-mediated labor talks, watched closely by the president, politicians and investors alike, underscore the national stakes: Samsun
May 19, 2026
-
Uniqlo's flagship outlet to return to Seoul's shopping district of Myeong-dong
SEOUL, May 19 (AJP) - Japanese fast-fashion brand Uniqlo is returning to Seoul's major shopping district of Myeong-dong later this week. The reopening of its Myeong-dong outlet, slated for Friday, comes after most of its stores gradually exited the market about five years ago except for a few key locations, due to South Koreans' boycott of Japanese products over historical spats between the neighboring countries, compounded by declining sales during the coronavirus pan
May 19, 2026
-
Korea's bond and currency retreat deepens rate hike bias
SEOUL, May 19 (AJP) - South Korean bonds and currency took a renewed beating amid broad strengthening in the greenback and a global debt retreat amid jitters over government borrowing to finance war costs and inflation risks with little sign of the Gulf crisis abating. Long-dated sovereign bonds across major economies — including the United States, Japan, and the United Kingdom — have hit levels unseen in two to three decades. And Korean bonds rank among the worst pe
May 19, 2026
-
Kazakhstan's President Tokayev urges digital alliance among Turkic states
SEOUL, May 19 (AJP) - President of Kazakhstan Kassym-Jomart Tokayev urged member nations of the Organization of Turkic States to build a unified artificial intelligence and digital framework to secure sustainable advancement amid an unstable global environment, the Embassy of Kazakhstan in the Republic of Korea said Tuesday. Speaking at an informal summit in the city of Turkistan on May 15, Tokayev positioned technological cooperation as a vital tool for economic resilience. The i
May 19, 2026
-
S. Korea launches cyber breach probe panel ahead of law
SEOUL, May 19 (AJP) - South Korea's Ministry of Science and ICT launched a statutory committee empowered to investigate major cyberattacks, moving to shore up the country's defenses against an escalating wave of digital intrusions. The cyber breach investigation committee held its inaugural meeting on Tuesday, marking the formal stand-up of a body created under a revised Information and Communications Network Act passed in response to a string of high-profile breaches last y
May 19, 2026
-
OPINION: Beijing summit and structural stabilization of global commerce
KARACHI, May 19 (AJP) - The international economic order has entered a period of profound structural transformation, forcing a reassessment of how the world’s two largest economies manage their deep systemic interdependencies. For the past several years, the prevailing consensus across global capitals dictated that the financial and industrial relationship between Washington and Beijing was headed toward a permanent and destructive fracturing. However, the high-stakes Beijing s
May 19, 2026