Latest

  • Viet Nams Gen Z protests without gathering
    Viet Nam's Gen Z protests without gathering SEOUL, August 21 (AJP) - The flowers under the tree outside No. 55 Nguyen Huy Tu Street arrived one at a time, which is why the police had nothing to break up. Over roughly a week in August, young Vietnamese walked to the spot in central Hanoi, left a bouquet, photographed it and went home. By the time the pile was large enough to be a problem, no crowd had ever formed. The tree marks the place where a car crossed into oncoming traffic on May 30, 2025, and struck a motorbike carry August 21, 2026
  • LG sweeps major global design awards across TVs, robots and home appliances
    LG sweeps major global design awards across TVs, robots and home appliances SEOUL, August 21 (AJP) - LG Electronics has completed a sweep of the world's three major design awards this year, winning 17 prizes at the 2026 International Design Excellence Awards after earlier collecting honors from Red Dot and iF across products ranging from televisions and robots to heating systems and laptops. LG said Friday it received five bronze awards and 12 finalist honors at IDEA 2026, organized by the Industrial Designers Society of America. The company had previ August 21, 2026
  • KOSPI opens lower as US yield worries return
    KOSPI opens lower as US yield worries return SEOUL, August 21 (AJP) - South Korean stocks opened lower on Friday, giving back some of the previous session's sharp gains as higher U.S. Treasury yields, rising oil prices and losses on Wall Street weighed on investor sentiment. The benchmark KOSPI traded at 6,808.63 points at around 9 a.m., down 0.64 percent from the previous session. The junior KOSDAQ also fell 3.53 percent to 811.22, with losses considerably steeper among smaller growth stocks. The decline came after the August 21, 2026
  • Musinsa partners with Vietnamese retailer in latest entry into Southeast Asian market
    Musinsa partners with Vietnamese retailer in latest entry into Southeast Asian market SEOUL, August 21 (AJP) - South Korean fashion platform Musinsa is expanding into Viet Nam, marking its latest move into Southeast Asia after recently entering the Philippines and Indonesia. Musinsa said Friday it has signed a partnership with Au Chau Fashion and Cosmetics Company (ACFC), a subsidiary of Vietnamese retailer Imex Pan Pacific Group (IPPG), to expand its brands in Viet Nam and reach more local customers. Under the partnership, the two companies also plan to open o August 21, 2026
  • Retirement age fight halts every Hyundai Motor plant in S. Korea
    Retirement age fight halts every Hyundai Motor plant in S. Korea SEOUL, August 21 (AJP) - Every production line at South Korea's largest automaker went down Friday morning as workers began their first full-day strike in a decade, a walkout that turns on how long they get to keep their jobs rather than on how much they are paid. Morning-shift members of the Hyundai Motor union, who normally clock in at 6:45 a.m., did not come to work. The afternoon shift that starts at 3:30 p.m. will not report either, leaving plants in Ulsan, Jeonju and Asa August 21, 2026
  • Foreign investors continue selling South Korean stocks while buying bonds
    Foreign investors continue selling South Korean stocks while buying bonds SEOUL, August 21 (AJP) - Foreign investors extended their selling streak in South Korean stocks to seven consecutive months, offloading more than 31 trillion won worth of listed shares. By contrast, they remained net buyers of domestic bonds for a fourth straight month, investing about 2.4 trillion won. According to the Financial Supervisory Service (FSS) on Friday, foreigners were net sellers of 31.66 trillion won worth of listed stocks in July. They sold 30.78 trillion won on August 21, 2026
  • North Korea fires multiple ballistic missiles as US-South Korea exercise winds down
    North Korea fires multiple ballistic missiles as US-South Korea exercise winds down SEOUL, August 20 (AJP) - North Korea fired a dozen ballistic missiles toward the East Sea on Thursday, as the annual U.S.-South Korea military exercise neared an early end following U.S. President Donald Trump's order to scale it back, while Chinese Foreign Minister Wang Yi wrapped up a two-day visit to Seoul. The Joint Chiefs of Staff here said it detected about 10 short-range ballistic missiles launched at around 5 p.m. and that military authorities were analyzing their types, August 20, 2026
  • SK hynix buyback, foreign buying send KOSPI up nearly 6%
    SK hynix buyback, foreign buying send KOSPI up nearly 6% SEOUL, August 20 (AJP) - South Korean stocks rebounded sharply on Thursday, as a record share buyback plan sent SK hynix surging and foreign investors piled back into the country's semiconductor heavyweights following the previous day's rout. The benchmark KOSPI closed at 6,852.58 points, up 5.89 percent from the previous session, after rising as high as 6,904.55 during the day, as sharp gains in SK hynix and Samsung Electronics helped the index recover from Wednesday's August 20, 2026
  • Will Trumps joint drill reduction revive talks with North Korean leader?
    Will Trump's joint drill reduction revive talks with North Korean leader? SEOUL, August 20 (AJP) - U.S. President Donald Trump's abrupt call to scale back a joint military exercise with South Korea has quickly moved from presidential rhetoric to security concerns, amid growing signs that he is seeking another face-to-face meeting with North Korean leader Kim Jong-un. The annual Ulchi Freedom Shield exercise (UFS), which began earlier this week and was originally scheduled to run for 11 days through Aug. 27, is being cut to five days and end on Friday. August 20, 2026
  • Won extends gains, bonds end mixed
    Won extends gains, bonds end mixed SEOUL, August 20 (AJP) - The South Korean won extended its gains against the U.S. dollar on Thursday, while government bond yields ended mixed as longer maturities drew support from a decline in U.S. Treasury yields. The won strengthened 5.1 won from the previous session to close daytime trading at 1,392.6 per dollar, compared with Wednesday's close of 1,397.7. It marked the second straight daytime close below 1,400 and the lowest closing level since Sept. 23, 2025, with the August 20, 2026