Lee set to meet Vietnamese PM, discuss ways to boost trade SEOUL, April 23 (AJP) - President Lee Jae Myung, on a state visit to Hanoi, is set to hold a series of meetings on Thursday with senior Vietnamese officials including Prime Minister Lu Minh Hung to expand bilateral cooperation. Lee's meeting with Hung comes after his summit the previous day with Vietnamese President Tô Lâm, who also serves as general secretary of the Communist Party. During the meeting, the two leaders agreed to cooperate across various sectors, in April 23, 2026

More homeowners in Seoul opt to pass down properties to avoid heavier taxes SEOUL, April 23 (AJP) - More people opted to pass down their apartments, condominiums, and other multi-unit housing properties to family members last month instead of selling them, with such transfers reaching their highest monthly level in over three years and three months. According to Supreme Court registry data, some 1,387 such transactions were made in Seoul last month, up 53.6 percent from 903 the previous month and the highest level since December 2022 when the figure rea April 23, 2026

Korea's 'Haegung' naval missile secures first export deal with Malaysia SEOUL, April 23 (AJP) - South Korea’s domestically developed naval missile “Haegung” has been exported for the first time, with a supply contract signed with Malaysia worth about $94 million. LIG D&A said Wednesday it had signed the deal with Malaysia’s defense ministry on the sidelines of the DSA 2026 defense exhibition in Kuala Lumpur, as Malaysia’s navy moves forward with modernization efforts, opening new opportunities in the Southeast Asian mar April 23, 2026

Naver to auto-disable comments on articles with high toxic content rates SEOUL, April 23 (AJP) - South Korea's dominant internet portal Naver announced it will automatically disable comment sections on news articles where its artificial intelligence moderation system detects an unusually high volume of malicious posts, in the latest effort by the company to clean up its online commentary environment. Starting Thursday, Naver's AI-based detection system will scan articles across all news sections — including politics and elections — an April 23, 2026

INTERVIEW: Malaysia has a key role in Korea's post-Gulf energy redesign: envoy SEOUL, April 23 (AJP) - The Global South is moving to the center of South Korea’s strategic calculus, underscored by this week’s presidential visits to India and Vietnam, as Malaysia seeks to harness the momentum to leverage complementary strengths — not just to mitigate Gulf-driven disruptions, but also to redesign energy security, its top envoy to Seoul said. Energy security will serve as the starting point for deeper alignment, with Malaysia’s LNG export April 23, 2026

UPDATE: Korea's Q1 GDP strongest in more than five years on hot chip demand *Updated with additional information and market response SEOUL, April 23 (AJP) — South Korea’s economy grew at the fastest pace in more than five years in the first quarter, rebounding sharply from a contraction in the previous three-month period, as feverish demand for semiconductors powering the artificial intelligence boom fueled exports and investment. According to the Bank of Korea, gross domestic product expanded 1.7 percent on quarter in the January–March April 23, 2026

SK hynix Q1 profit nearly doubles from last best Q4 to record $25 bn SEOUL, April 23 (AJP) - SK hynix, a front-runner in high-bandwidth memory (HBM) chips designed for AI accelerators, delivered its best-yet quarter ended March with its three-month operating profit nearly doubled from the previous best and its top-line also at a record high. According to its disclosure Thursday, SK hynix’s quarterly operating profit of 37.61 trillion won ($25.4 billion) came in well above the market consensus of 34.9 trillion won compiled by FnGuide, nearly do April 23, 2026

Korea's consumer confidence turns negative from energy concerns SEOUL, April 23 (AJP) -South Korea's consumer confidence turned negative for the first time in a year, weighed down by worries over supply-side repercussions on inflation and economic performance from a Gulf-triggered energy shock, data showed Thursday. According to the Bank of Korea (BOK), the consumer sentiment index for April dipped 7.8 points to 99.2, the first time below the 100 threshold in a year. A reading below 100 indicates pessimism outweighs optimism compared with April 23, 2026

Cash-strapped artists recount struggles with red tape at forum in Seoul SEOUL, April 22 (AJP) - A forum to improve the rights of artists and entertainers alike was held at the National Assembly in Seoul on Wednesday. At the forum hosted by lawmaker Son Sol of the minor far-left Progressive Party, participants discussed various measures to improve their legal rights, address workplace mistreatment, and strengthen support measures. Many of them, hired on independent freelance-based contracts and struggling to make ends meet, are unable to access state- April 22, 2026

Rome pivots to Seoul as lunar race demands global alliance SEOUL, April 22 (AJP) - Italy and South Korea are formalizing a strategic aerospace corridor as the technical and economic pressures of the second lunar age render national isolation obsolete. During the 2026 Italian Space Day in the South Korean capital on Wednesday, Teodoro Valente, the president of the Italian Space Agency, told a delegation of industry leaders that the era of the solo spacefaring nation has ended. As the global community readies for a permanent human presen April 22, 2026