Foreigners dump over $30 bn KOSPI shares and turn net bond sellers in March SEOUL, April 16 (AJP) -Foreign investors staged a record monthly sell-off in South Korean equities in March amid risk aversion and concerns over the energy-dependent economy from the outbreak of the conflicts in the Gulf and de-facto blockade of the Strait of Hormuz. According to the Financial Supervisory Service on Thursday, foreigners net sold 43.5 trillion won ($31.8 billion) worth of locally listed shares last month, more than doubling from February’s 19.6 trillion won out April 16, 2026

Remembering Sewol classmates, the silence still speaks 12 years later SEOUL, April 15 (AJP) -Desks remain as they were—names etched in pencil, jackets draped over chairs, notebooks opened mid-sentence. Time, here, does not move forward. It pauses, deliberately, asking each visitor to look closer. There are shoes that never made it home, ID cards that still carry smiling faces, and letters that were never meant to be final. Each object resists abstraction. This is not a number, not a headline, but 250 students and 11 teachers whose ordinary April 16, 2026

KOSPI recovers above 6,000 for first time since Trump's war in Iran SEOUL, April 15 (AJP) - South Korea's benchmark KOSPI closed at 6,091.39 on Wednesday, up 2.07 percent from a day earlier, regaining the 6,000 mark for the first time in about 30 trading sessions. The index had last closed above that threshold on Feb. 27, when it was at 6,244.13, just a day before the U.S. and Israel launched joint airstrikes on Iran, throwing the already volatile Middle East region into deeper conflict. The gain was driven by foreign investors, who bought ab April 15, 2026

BOK nominee Shin faces intense scrutiny over foreign assets, family issues SEOUL, April 15 (AJP) — The nominee to head the Bank of Korea (BOK) came under intense scrutiny Wednesday as opposition lawmakers questioned his foreign-denominated wealth and family-related issues, raising concerns over potential conflicts of interest. Lawmakers on the National Assembly’s Finance and Economy Committee focused on nominee Shin Hyun-song’s asset structure, noting that the central bank chief is tasked with stabilizing the Korean won and the housing April 15, 2026

Samsung Electronics faces April walkout as bonus dispute escalates SEOUL, April 15 (AJP) - Samsung Electronics is heading toward a partial walkout next week, with its largest labor union pushing ahead with industrial action over a profit-linked bonus system despite stalled negotiations. The union plans a rally and walkout on April 23, with a full-scale strike scheduled from May 21 if talks fail to produce a compromise. “We are open to negotiations if management puts the 15 percent operating profit payout and the removal of the bonus cap April 15, 2026

S. Korea claims North Korean economy on recovery SEOUL, April 15 (AJP) - South Korea’s Unification Ministry said Wednesday that North Korea’s economy is entering a gradual recovery phase in line with closer ties and trade activities with Russia and China. The ministry cited deepening “alliance-level” ties between Pyongyang and Moscow — including cooperation in advanced weapons and technology — alongside increased exchange with China, as key drivers supporting the country’s economic stabili April 15, 2026

Latin Forum maps US' ambitions to become self-sustaining 'technate' as regional order shifts SEOUL, April 15 (AJP) - The January storming of Venezuela by United States naval forces and the subsequent apprehension of Nicolas Maduro was not merely a regime-toppling maneuver to secure the world's largest crude reserves. It marked the definitive end of Washington's reliance on global oil markets and the birth of an energy-independent, self-sustaining continental fortress. Speaking at this year's Latin Forum on Wednesday, Hankuk University of Foreign Studies Profes April 15, 2026

AI enters Korean legislature, but humans remain in charge SEOUL, April 15 (AJP) - The National Assembly of South Korea said Tuesday it has launched an AI-powered legislative support platform in collaboration with Samsung SDS, an ICT company affiliated with Samsung Group. The system — a generative AI tailored for legislative use — integrates internal legislative records with external public and academic data to support document search, analysis, and drafting. About 5,000 users, including lawmakers and their aides, are expected April 15, 2026

Following the tracks, following the taste (Gangneung) -2 In quiet courtyards once lived Heo Gyun and Heo Nanseolheon, siblings whose words outlived their time. His Hong Gildong — often called Korea's first novel written in Hangul— still echoes in the air. Here, Gangneung reveals another layer: not just a place to visit, but a place that remembers. The past does not interrupt the present; it settles into it, like a quiet undertone. By the time you reach April 15, 2026

Record 34 listed firms post over 1 trillion won in operating profit last year, report finds SEOUL, April 15 (AJP) - South Korea's top 1,000 listed companies saw their operating profits increase sharply last year, reaching the highest level since 2000, according to a report released by the Korea CXO Institute on Wednesday. Their combined operating profit stood at 189.23 trillion Korean won (about US$126.15 billion), up more than 40 trillion won or 27.7 percent, from 148.28 trillion won a year earlier, as the number of companies posting over 1 trillion won in operating April 15, 2026